Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q2 2013)

According to the SEC 13F filed on Aug 14, 2026, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2013. 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 Q2 2013, the filing reported:

New Buys - Adobe Inc., CBRE Group Inc, CF Industries Holdings, Inc., OPENLANE, Inc., MSCI Inc., and 2 more

Increases - None reported

Reductions - None reported

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
Q2 2013	ADBE Adobe Inc.	Adobe Inc.	Buy - Position Entry	+31,303,362	-	$1.43M	31,303,362
Q2 2013	CBRE CBRE Group Inc	CBRE Group Inc	Buy - Position Entry	+32,001,464	-	$747.55K	32,001,464
Q2 2013	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Buy - Position Entry	+1,000,000	-	$171.50K	1,000,000
Q2 2013	KAR OPENLANE, Inc.	OPENLANE, Inc.	Buy - Position Entry	+803,628	-	$18.37K	803,628
Q2 2013	MSCI MSCI Inc.	MSCI Inc.	Buy - Position Entry	+6,200,622	-	$206.29K	6,200,622
Q2 2013	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+57,750,000	-	$1.99M	57,750,000
Q2 2013	MSI Motorola Solutions, Inc.	Motorola Solutions, Inc.	Buy - Position Entry	+28,907,623	-	$1.67M	28,907,623