Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q2 2021)

According to the SEC 13F filed on Aug 16, 2021, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2021. 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 2021, the filing reported:

New Buys - Lumentum Holdings Inc., Seagate Technology

Increases - TopBuild Corp., CBRE Group Inc, LKQ Corporation, Insight Enterprises, Inc.

Reductions - Citigroup, Inc., KKR & Co. Inc., SLM Corporation, Trinity Industries, Inc.

Complete Exits - Fiserv, Inc., OUTFRONT Media 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 2021	BLD TopBuild Corp.	TopBuild Corp.	Buy	+258,230	+116.4%	$94.93K	480,000
Q2 2021	C Citigroup, Inc.	Citigroup, Inc.	Sell	-978,015	-4.5%	$1.47M	20,745,704
Q2 2021	CBRE CBRE Group Inc	CBRE Group Inc	Buy	+2,789	+0.0%	$877.24K	10,232,609
Q2 2021	FI Fiserv, Inc.	Fiserv, Inc.	Sell - Position Exit	-860,000	-100.0%	$0.00	-
Q2 2021	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-4,363,546	-13.8%	$1.61M	27,221,126
Q2 2021	LITE Lumentum Holdings Inc.	Lumentum Holdings Inc.	Buy - Position Entry	+967,049	-	$79.33K	967,049
Q2 2021	LKQ LKQ Corporation	LKQ Corporation	Buy	+2,665	+0.0%	$1.06M	21,550,411
Q2 2021	NSIT Insight Enterprises, Inc.	Insight Enterprises, Inc.	Buy	+1,743,690	+158.5%	$284.40K	2,843,690
Q2 2021	OUT OUTFRONT Media Inc.	OUTFRONT Media Inc.	Sell - Position Exit	-157,448	-100.0%	$0.00	-
Q2 2021	SLM SLM Corporation	SLM Corporation	Sell	-5,715,000	-21.7%	$430.93K	20,579,254
Q2 2021	STX Seagate Technology	Seagate Technology	Buy - Position Entry	+17,377,070	-	$1.53M	17,377,070
Q2 2021	TRN Trinity Industries, Inc.	Trinity Industries, Inc.	Sell	-8,100,000	-35.1%	$403.51K	15,005,855