Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q2 2017)

As of Jun 30, 2017, the ValueAct Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 2017, the filing reported:

New Buys - KKR & Co. Inc.

Increases - None reported

Reductions - CBRE Group Inc, Microsoft Corporation, NetScout Systems, Inc., Willis Towers Watson

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 2017	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-7,494,770	-17.9%	$1.25M	34,378,480
Q2 2017	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy - Position Entry	+5,000,000	-	$93.00K	5,000,000
Q2 2017	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-6,999,290	-30.4%	$1.10M	16,012,799
Q2 2017	NTCT NetScout Systems, Inc.	NetScout Systems, Inc.	Sell	-549,057	-23.9%	$60.23K	1,750,943
Q2 2017	WTW Willis Towers Watson	Willis Towers Watson	Sell	-1,498,657	-18.5%	$961.40K	6,609,358