Vulcan Value Partners, LLC

CIK 1556785 · View on SEC EDGAR ↗

Portfolio value QoQ: -12.9% 13F does not disclose cash

Top 10 holdings weight76.58%

Top 25 holdings weight96.49%

Positions above 1%19

Effective number of positions15.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 5.28% Est. buys $186,488,225 · sells $1,135,940,039

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 70.6% still held

New positions4

Increased6

Decreased26

Closed1

Portfolio value $3.3B #1,161 of 9,337 by 13F value · top 12.4%

Positions 36

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Financials 44.2%

Industrials 17.4%

Technology 15.6%

Retail 8.7%

Health Care 6.6%

Communication Services 6.0%

Real Estate 1.5%

Other/Unmapped 0.1%

Full portfolio 36 positions

					Streak
EG Everest Group, Ltd. Common Stock	$370,414,055	11.28%	1,036,906	$-74,711,656	Down ×2
MSFT Microsoft Corporation - Common Stock	$368,135,303	11.21%	986,905	$-42,379,895	Down ×5
RYAN Ryan Specialty Holdings, Inc. Class A Common Stock	$298,782,388	9.09%	7,912,669	$76,255,773	Up ×3
MA Mastercard Incorporated Common Stock	$258,320,770	7.86%	502,961	$66,861,551	Up ×1
AMZN Amazon.com, Inc. - Common Stock	$236,613,942	7.20%	992,758	$-95,757,486	Down ×4
TDG Transdigm Group Incorporated Common Stock	$227,018,245	6.91%	170,429	$13,505,362	Down ×3
ARES Ares Management Corporation Class A Common Stock	$211,776,180	6.45%	1,902,580	$27,268,878	Up ×1
TRU TransUnion Common Stock	$195,300,968	5.94%	2,707,249	$-26,619,413	Down ×1
GOOG Alphabet Inc. - Class C Capital Stock	$190,611,642	5.80%	539,472	$-3,465,212	Down ×6
V Visa Inc.	$158,942,618	4.84%	463,268	$-34,325,959	Down ×3
TPG TPG Inc. - Class A Common Stock	$95,773,504	2.92%	2,361,862	$15,319,591	Up ×2
MEDP Medpace Holdings, Inc. - Common Stock	$75,065,675	2.28%	141,743	$-22,445,548	Down ×1
ELV Elevance Health, Inc. Common Stock	$60,280,765	1.83%	155,873	$-26,598,945	Down ×3
NOW ServiceNow, Inc. Common Stock	$57,067,236	1.74%	574,811	$1,256,669	Up ×1
IQV IQVIA Holdings, Inc. Common Stock	$50,209,376	1.53%	259,856	$7,898,231	Up ×1
KMX CarMax Inc	$48,269,424	1.47%	912,638	$-43,409,320	Down ×2
FISV Fiserv, Inc. - Common Stock	$43,848,983	1.33%	893,965	$-17,232,989	Down ×2
NICE NICE Ltd - American Depositary Shares each representing one Ordinary Share	$43,464,548	1.32%	478,421	$-19,638,463	Down ×2
HEI-A (filed as HEIA) HEICO Corporation Class A	$39,645,409	1.21%	153,718	$1,975,132	Down ×3
JLL Jones Lang LaSalle Incorporated Common Stock	$29,835,167	0.91%	96,258	$-3,502,785	Down ×5
UNH UnitedHealth Group Incorporated Common Stock (DE)	$27,975,640	0.85%	67,309	$-218,984,818	Down ×4
CRM Salesforce, Inc. Common Stock	$25,694,277	0.78%	164,013	$-11,042,939	Down ×3
CIGI Colliers International Group Inc. - Subordinate Voting Shares	$19,874,992	0.60%	211,910	$-7,416,216	Down ×1
ABM ABM Industries Incorporated Common Stock	$19,844,257	0.60%	448,559	$-4,434,742	Down ×6
MLKN MillerKnoll, Inc. - Common Stock	$17,148,563	0.52%	838,151	$-2,005,288	Down ×2
QRVO Qorvo, Inc. - Common Stock	$16,911,250	0.51%	181,315	$-3,894,876	Down ×6
EFX Equifax, Inc. Common Stock	$14,403,523	0.44%	90,748		Up ×1
G Genpact Limited Common Stock	$14,343,653	0.44%	521,587	$-12,115,489	Down ×3
SARO StandardAero, Inc. Common Stock	$13,484,115	0.41%	450,287	$-5,065,200	Down ×1
PRG PROG Holdings, Inc. Common Stock	$13,100,485	0.40%	281,066	$-3,147,061	Down ×5
FBIN Fortune Brands Innovations, Inc. Common Stock	$11,792,427	0.36%	214,798	$-1,596,237	Down ×2
BMI Badger Meter, Inc. Common Stock	$10,191,378	0.31%	68,684		Up ×1
LFUS Littelfuse, Inc. - Common Stock	$7,944,681	0.24%	17,448	$-18,560,983	Down ×4
ITRN Ituran Location and Control Ltd. - Ordinary Shares	$7,566,930	0.23%	124,028	$-16,636,168	Down ×6
VEEV Veeva Systems Inc. Class A Common Stock	$3,769,463	0.11%	21,240		Up ×1
IWD iShares Trust	$1,748,578	0.05%	7,011
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
RYAN	$298,782,388	9.09%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
EFX	$14,403,523	90,748	0.44%
BMI	$10,191,378	68,684	0.31%
VEEV	$3,769,463	21,240	0.11%
IWD	$1,748,578	7,011	0.05%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
AMZN	Trimmed	-603K	-$95.8M
RYAN	Bought more	+1.3M	+$76.3M
EG	Trimmed	-325K	-$74.7M
MA	Bought more	+120K	+$66.9M
KMX	Trimmed	-1.3M	-$43.4M
MSFT	Trimmed	-122K	-$42.4M
V	Trimmed	-176K	-$34.3M
ARES	Bought more	+211K	+$27.3M
TRU	Trimmed	-500K	-$26.6M
ELV	Trimmed	-141K	-$26.6M

1 position hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
CG	June 30, 2025	5,180,438	$225,906,736	-22.5%
CBRE	Sept. 30, 2025	1,491,792	$215,378,613	-17.8%
DNB	June 30, 2025	4,103,360	$36,684,041	No longer tracked
SSNC	Dec. 31, 2025	394,720	$35,015,129	-10.2%
SWKS	Dec. 31, 2025	311,645	$23,954,487	34.1%
CWK	June 30, 2025	1,294,418	$13,228,952	7.7%
PK	June 30, 2026	1,195,835	$12,592,142	9.0%
CSGP	March 31, 2026	4,485,021	$301,527	-32.1%
SWK	March 31, 2026	1,059,558	$78,777	28.5%
CCK	March 31, 2026	400,303	$41,232	5.8%
VRTS	March 31, 2026	77,326	$12,616	-0.4%
TKR	March 31, 2026	138,434	$11,646	21.7%
MIDD	March 31, 2026	69,825	$10,381	-21.1%
SEE	March 31, 2026	118,417	$4,906	No longer tracked
SPY	March 31, 2026	6,023	$4,144	No longer tracked
IWD	March 31, 2026	2,748	$636