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

According to the SEC 13F filed on Feb 14, 2024, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Dec 31, 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 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