Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q4 2023)

As of Dec 31, 2023, the ValueAct Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 2024. 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 2023, the filing reported:

New Buys - Walt Disney Company (The), Expedia Group, Inc., Paycom Software, Inc.

Increases - Danaher Corporation

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

Complete Exits - Alarm.com Holdings, 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
Q4 2023	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell - Position Exit	-585,400	-100.0%	$0.00	-
Q4 2023	DHR Danaher Corporation	Danaher Corporation	Buy	+82,000	+69.5%	$46.27M	200,000
Q4 2023	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy - Position Entry	+5,086,331	-	$459.24M	5,086,331
Q4 2023	EXPE Expedia Group, Inc.	Expedia Group, Inc.	Buy - Position Entry	+4,251,568	-	$645.35M	4,251,568
Q4 2023	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-3,360,000	-44.5%	$556.45M	4,188,841
Q4 2023	ILMN Illumina, Inc.	Illumina, Inc.	Sell	-191,565	-36.9%	$45.68M	328,045
Q4 2023	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-5,466,800	-47.9%	$493.30M	5,954,108
Q4 2023	NYT New York Times Company (The)	New York Times Company (The)	Sell	-3,657,864	-50.2%	$177.67M	3,626,732
Q4 2023	PAYC Paycom Software, Inc.	Paycom Software, Inc.	Buy - Position Entry	+608,000	-	$125.69M	608,000
Q4 2023	SPOT Spotify	Spotify	Sell	-226,300	-18.0%	$193.09M	1,027,553
Q4 2023	STX Seagate Technology	Seagate Technology	Sell	-7,424,722	-96.6%	$22.40M	262,348