Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q2 2015)

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, 2015. 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 2015, the filing reported:

New Buys - American Express Company

Increases - CBRE Group Inc, Halliburton Company

Reductions - Adobe Inc.

Complete Exits - WESCO International, Inc.

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 2015	ADBE Adobe Inc.	Adobe Inc.	Sell	-303,014	-1.9%	$1.27M	15,703,739
Q2 2015	AXP American Express Company	American Express Company	Buy - Position Entry	+11,100,000	-	$862.69K	11,100,000
Q2 2015	CBRE CBRE Group Inc	CBRE Group Inc	Buy	+5,175	+0.0%	$1.16M	31,327,405
Q2 2015	HAL Halliburton Company	Halliburton Company	Buy	+3,761,500	+11.1%	$1.62M	37,518,260
Q2 2015	WCC WESCO International, Inc.	WESCO International, Inc.	Sell - Position Exit	-1,064,800	-100.0%	$0.00	-