Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q4 2013)

According to the SEC 13F filed on Aug 14, 2026, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2013. 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 Q4 2013, the filing reported:

New Buys - None reported

Increases - Allison Transmission Holdings, , MSCI Inc.

Reductions - Adobe Inc.

Complete Exits - CF Industries Holdings, Inc., Mosaic Company (The), Valero Energy Corporation

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
Q4 2013	ADBE Adobe Inc.	Adobe Inc.	Sell	-5,993,246	-19.1%	$1.52M	25,310,116
Q4 2013	ALSN Allison Transmission Holdings,	Allison Transmission Holdings,	Buy	+13,400,000	+289.7%	$497.68K	18,025,204
Q4 2013	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell - Position Exit	-1,412,200	-100.0%	$0.00	-
Q4 2013	MOS Mosaic Company (The)	Mosaic Company (The)	Sell - Position Exit	-575,944	-100.0%	$0.00	-
Q4 2013	MSCI MSCI Inc.	MSCI Inc.	Buy	+60,100	+0.8%	$325.89K	7,454,117
Q4 2013	VLO Valero Energy Corporation	Valero Energy Corporation	Sell - Position Exit	-637,747	-100.0%	$0.00	-