Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q4 2014)

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, 2014. 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 2014, the filing reported:

New Buys - Halliburton Company

Increases - Allison Transmission Holdings, , Microsoft Corporation

Reductions - Adobe Inc., CBRE Group Inc, Motorola Solutions, Inc.

Complete Exits - None reported

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 2014	ADBE Adobe Inc.	Adobe Inc.	Sell	-7,853,363	-32.9%	$1.16M	16,006,753
Q4 2014	ALSN Allison Transmission Holdings,	Allison Transmission Holdings,	Buy	+1,100,000	+6.1%	$648.34K	19,125,204
Q4 2014	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-843,619	-2.6%	$1.07M	31,322,230
Q4 2014	HAL Halliburton Company	Halliburton Company	Buy - Position Entry	+20,895,000	-	$821.80K	20,895,000
Q4 2014	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+774	+0.0%	$3.45M	74,238,243
Q4 2014	MSI Motorola Solutions, Inc.	Motorola Solutions, Inc.	Sell	-11,319,047	-39.2%	$1.18M	17,588,576