Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q3 2023)

According to the SEC 13F filed on Nov 14, 2023, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2023. 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 2023, the filing reported:

New Buys - Alarm.com Holdings, Inc., Danaher Corporation, Illumina, Inc., Roblox Corporation

Increases - None reported

Reductions - CBRE Group Inc, Fiserv, Inc., KKR & Co. Inc., New York Times Company (The), Spotify, and 1 more

Complete Exits - Altus Power, 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
Q3 2023	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Buy - Position Entry	+585,400	-	$35.79M	585,400
Q3 2023	AMPS Altus Power, Inc.	Altus Power, Inc.	Sell - Position Exit	-4,017,628	-100.0%	$0.00	-
Q3 2023	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-4,600,000	-49.8%	$342.54M	4,637,748
Q3 2023	DHR Danaher Corporation	Danaher Corporation	Buy - Position Entry	+118,000	-	$29.28M	118,000
Q3 2023	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-4,098,935	-35.2%	$852.72M	7,548,841
Q3 2023	ILMN Illumina, Inc.	Illumina, Inc.	Buy - Position Entry	+519,610	-	$71.33M	519,610
Q3 2023	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-9,114,325	-44.4%	$703.53M	11,420,908
Q3 2023	NYT New York Times Company (The)	New York Times Company (The)	Sell	-6,125,958	-45.7%	$300.13M	7,284,596
Q3 2023	RBLX Roblox Corporation	Roblox Corporation	Buy - Position Entry	+1,800,000	-	$52.13M	1,800,000
Q3 2023	SPOT Spotify	Spotify	Sell	-545,288	-30.3%	$193.90M	1,253,853
Q3 2023	STX Seagate Technology	Seagate Technology	Sell	-5,750,000	-42.8%	$506.96M	7,687,070