Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q3 2020)

According to the SEC 13F filed on Nov 16, 2020, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2020. 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 Q3 2020, the filing reported:

New Buys - CDW Corporation

Increases - None reported

Reductions - Morgan Stanley

Complete Exits - The AES Corporation, BP p.l.c., Darling Ingredients Inc., Hawaiian Electric Industries, I, Lindblad Expeditions Holdings I, and 3 more

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
Q3 2020	AES The AES Corporation	The AES Corporation	Sell - Position Exit	-5,346,500	-100.0%	$0.00	-
Q3 2020	BP BP p.l.c.	BP p.l.c.	Sell - Position Exit	-2,572,000	-100.0%	$0.00	-
Q3 2020	CDW CDW Corporation	CDW Corporation	Buy - Position Entry	+239,613	-	$28.64K	239,613
Q3 2020	DAR Darling Ingredients Inc.	Darling Ingredients Inc.	Sell - Position Exit	-2,640,000	-100.0%	$0.00	-
Q3 2020	HE Hawaiian Electric Industries, I	Hawaiian Electric Industries, I	Sell - Position Exit	-3,246,668	-100.0%	$0.00	-
Q3 2020	LIND Lindblad Expeditions Holdings I	Lindblad Expeditions Holdings I	Sell - Position Exit	-4,923,247	-100.0%	$0.00	-
Q3 2020	MS Morgan Stanley	Morgan Stanley	Sell	-2,750,000	-19.3%	$556.02K	11,500,000
Q3 2020	STRA Strategic Education, Inc.	Strategic Education, Inc.	Sell - Position Exit	-591,375	-100.0%	$0.00	-
Q3 2020	UFI Unifi, Inc. New	Unifi, Inc. New	Sell - Position Exit	-1,417,054	-100.0%	$0.00	-
Q3 2020	VRRM Verra Mobility Corporation	Verra Mobility Corporation	Sell - Position Exit	-5,905,000	-100.0%	$0.00	-