Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q3 2021)

As of Sep 30, 2021, the ValueAct Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 15, 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 Q3 2021, the filing reported:

New Buys - Fiserv, Inc., Rackspace Technology, Inc.

Increases - Lumentum Holdings Inc., Insight Enterprises, Inc.

Reductions - Citigroup, Inc., CBRE Group Inc, KKR & Co. Inc., SLM Corporation

Complete Exits - TopBuild Corp.

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 2021	BLD TopBuild Corp.	TopBuild Corp.	Sell - Position Exit	-480,000	-100.0%	$0.00	-
Q3 2021	C Citigroup, Inc.	Citigroup, Inc.	Sell	-6,899,597	-33.3%	$971.72K	13,846,107
Q3 2021	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-1,000,000	-9.8%	$898.89K	9,232,609
Q3 2021	FI Fiserv, Inc.	Fiserv, Inc.	Buy - Position Entry	+10,935,201	-	$1.19M	10,935,201
Q3 2021	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-3,165,777	-11.6%	$1.46M	24,055,349
Q3 2021	LITE Lumentum Holdings Inc.	Lumentum Holdings Inc.	Buy	+32,951	+3.4%	$83.54K	1,000,000
Q3 2021	NSIT Insight Enterprises, Inc.	Insight Enterprises, Inc.	Buy	+481,145	+16.9%	$299.50K	3,324,835
Q3 2021	RXT Rackspace Technology, Inc.	Rackspace Technology, Inc.	Buy - Position Entry	+400,000	-	$5.69K	400,000
Q3 2021	SLM SLM Corporation	SLM Corporation	Sell	-3,666,587	-17.8%	$297.66K	16,912,667