Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q1 2022)

As of Mar 31, 2022, the ValueAct Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 16, 2022. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2022, the filing reported:

New Buys - TopBuild Corp.

Increases - KKR & Co. Inc., Insight Enterprises, Inc.

Reductions - Bausch Health Companies Inc., SLM Corporation, Seagate Technology, Trinity Industries, Inc.

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2022	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Sell	-1,185,860	-7.6%	$329.75K	14,430,901
Q1 2022	BLD TopBuild Corp.	TopBuild Corp.	Buy - Position Entry	+214,371	-	$38.88K	214,371
Q1 2022	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy	+550,000	+2.5%	$1.32M	22,605,349
Q1 2022	NSIT Insight Enterprises, Inc.	Insight Enterprises, Inc.	Buy	+218,308	+6.6%	$380.25K	3,543,143
Q1 2022	SLM SLM Corporation	SLM Corporation	Sell	-700,000	-4.8%	$255.22K	13,901,031
Q1 2022	STX Seagate Technology	Seagate Technology	Sell	-2,050,000	-13.2%	$1.21M	13,437,070
Q1 2022	TRN Trinity Industries, Inc.	Trinity Industries, Inc.	Sell	-3,780,000	-97.7%	$3.12K	90,847