Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q4 2020)

As of Dec 31, 2020, the ValueAct Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 16, 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 Q4 2020, the filing reported:

New Buys - Fiserv, Inc.

Increases - Bausch Health Companies Inc., CDW Corporation

Reductions - KKR & Co. Inc., Morgan Stanley

Complete Exits - A.O. Smith 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 2020	AOS A.O. Smith Corporation	A.O. Smith Corporation	Sell - Position Exit	-2,092,510	-100.0%	$0.00	-
Q4 2020	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Buy	+10,009	+0.1%	$373.19K	17,941,603
Q4 2020	CDW CDW Corporation	CDW Corporation	Buy	+128,503	+53.6%	$48.51K	368,116
Q4 2020	FI Fiserv, Inc.	Fiserv, Inc.	Buy - Position Entry	+328,281	-	$37.38K	328,281
Q4 2020	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-6,950,000	-15.4%	$1.54M	38,050,000
Q4 2020	MS Morgan Stanley	Morgan Stanley	Sell	-3,216,278	-28.0%	$567.68K	8,283,722