C.T. Fitzpatrick Q1 2026 Portfolio Update: Focus on Financial Services, Reduced Exposure in Tech

As of March 31, 2026, Vulcan Value Partners, managed by C.T. Fitzpatrick, showed significant shifts in its portfolio allocation compared to the previous quarter. The analysis of the portfolio data reveals a clear pattern of strategic adjustments, focusing on both divestments and acquisitions.

Notably, the investor significantly reduced their positions in several large-cap technology and healthcare stocks. UnitedHealth Group (UNH) saw the largest share reduction, with a 15.75% decrease in holdings, followed by Microsoft (MSFT) and Amazon (AMZN) both experiencing over 9% share declines. Everest Group (EG) also saw a substantial reduction, albeit from a smaller base, with a nearly 10% decrease in shares held. These actions resulted in a collective reduction in the portfolio allocation of these four stocks from nearly 40% to approximately 34%.

Conversely, the portfolio showed strong buying activity, particularly in the Financial Services sector. Ryan Specialty Holdings (RYAN) experienced the most dramatic increase, with a 42.72% jump in shares and its portfolio allocation rising to 5.9%. TransUnion (TRU) also saw a massive increase, with a 201.85% share growth and a 5.88% allocation. Other significant purchases included TransDigm (TDG), Alphabet (GOOG), Visa (V), Mastercard (MA), and UnitedHealth (UNH) which, despite being sold, still maintained a significant allocation of 6.55%.

The analysis of the disclosed data does not indicate any new positions initiated or any existing positions fully exited during this quarter.

For a detailed view of C.T. Fitzpatrick's investment approach and Vulcan Value Partners' performance, visit their profile. For in-depth analysis of individual holdings like EVEREST GROUP LTD (EG), MICROSOFT CORP (MSFT), or AMAZON COM INC (AMZN), explore the respective company profiles on Insiderset.