Vulcan Value Partners, LLC Long-Term Concentrated

Location: Birmingham, AL

CIK: 0001556785 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 11, 2026

Total Value: $3.772B (100.0% shares, 0.0% debt)

Holdings (33)

EG EVEREST GROUP LTD 11.8%

Value $445M Shares 1,361,865 Share Price $326.85 Est. Cost/Share $359.52 Unrealized @ Report Date -7.9%

MSFT MICROSOFT CORP 10.9%

Value $411M Shares 1,108,991 Share Price $370.17 * Est. Cost/Share $258.37 Unrealized @ Report Date +68.2%

AMZN AMAZON COM INC 8.8%

Value $332M Shares 1,595,868 Share Price $208.27 * Est. Cost/Share $130.64 Unrealized @ Report Date +73.6%

UNH UNITEDHEALTH GROUP INC 6.5%

Value $247M Shares 912,674 Share Price $270.59 * Est. Cost/Share $395.54 Unrealized @ Report Date -22.0%

RYAN RYAN SPECIALTY HOLDINGS INC 5.9%

Value $223M Shares 6,595,335 Share Price $33.74 * Est. Cost/Share $52.81 Unrealized @ Report Date -11.7%

TRU TRANSUNION 5.9%

Value $222M Shares 3,207,405 Share Price $69.19 * Est. Cost/Share $79.97 Unrealized @ Report Date -1.3%

TDG TRANSDIGM GROUP INC 5.7%

Value $214M Shares 184,228 Share Price $1158.96 * Est. Cost/Share $619.94 Unrealized @ Report Date +119.6%

GOOG ALPHABET INC 5.1%

Value $194M Shares 676,556 Share Price $286.86 * Est. Cost/Share $109.06 Unrealized @ Report Date +196.8%

V VISA INC 5.1%

Value $193M Shares 639,454 Share Price $302.24 * Est. Cost/Share $171.10 Unrealized @ Report Date +92.4%

MA MASTERCARD INCORPORATED 5.1%

Value $191M Shares 383,179 Share Price $499.66 * Est. Cost/Share $260.71 Unrealized @ Report Date +106.8%

ARES ARES MANAGEMENT CORPORATION 4.9%

Value $185M Shares 1,691,176 Share Price $109.10 * Est. Cost/Share $149.59 Unrealized @ Report Date -0.7%

MEDP MEDPACE HLDGS INC 2.6%

Value $97.51M Shares 203,068 Share Price $480.19 * Est. Cost/Share $490.41 Unrealized @ Report Date +10.6%

KMX CARMAX INC 2.4%

Value $91.68M Shares 2,204,876 Share Price $41.58 * Est. Cost/Share $60.14 Unrealized @ Report Date -25.4%

ELV ELEVANCE HEALTH INC FORMERLY 2.3%

Value $86.88M Shares 296,771 Share Price $292.75 * Est. Cost/Share $400.44 Unrealized @ Report Date -12.2%

TPG TPG INC 2.1%

Value $80.45M Shares 1,986,026 Share Price $40.51 * Est. Cost/Share $57.39 Unrealized @ Report Date -0.2%

NICE NICE LTD 1.7%

Value $63.1M Shares 572,311 Share Price $110.26 Est. Cost/Share $156.41 Unrealized @ Report Date —

FISV FISERV INC 1.6%

Value $61.08M Shares 1,094,659 Share Price $55.80 * Est. Cost/Share $117.07 Unrealized @ Report Date -45.4%

NOW SERVICENOW INC 1.5%

Value $55.81M Shares 533,817 Share Price $104.55 * Est. Cost/Share $121.19 Unrealized @ Report Date 0.0%

IQV IQVIA HLDGS INC 1.1%

Value $42.31M Shares 248,101 Share Price $170.54 * Est. Cost/Share $151.11 Unrealized @ Report Date +39.1%

HEI/A HEICO CORP NEW 1.0%

Value $37.67M Shares 178,456 Share Price $211.09 * Est. Cost/Share $103.46 Unrealized @ Report Date +150.8%

CRM SALESFORCE INC 1.0%

Value $36.74M Shares 196,803 Share Price $186.67 * Est. Cost/Share $244.74 Unrealized @ Report Date -11.8%

JLL JONES LANG LASALLE INC 0.9%

Value $33.34M Shares 109,549 Share Price $304.32 * Est. Cost/Share $202.71 Unrealized @ Report Date +65.8%

CIGI COLLIERS INTL GROUP INC 0.7%

Value $27.29M Shares 255,321 Share Price $106.89 * Est. Cost/Share $101.91 Unrealized @ Report Date +31.8%

LFUS LITTELFUSE INC 0.7%

Value $26.51M Shares 78,107 Share Price $339.35 * Est. Cost/Share $226.13 Unrealized @ Report Date +41.5%

G GENPACT LIMITED 0.7%

Value $26.46M Shares 710,313 Share Price $37.25 * Est. Cost/Share $37.60 Unrealized @ Report Date +13.3%

ABM ABM INDS INC 0.6%

Value $24.28M Shares 630,296 Share Price $38.52 * Est. Cost/Share $37.77 Unrealized @ Report Date +19.3%

ITRN ITURAN LOCATION AND CONTROL 0.6%

Value $24.2M Shares 493,840 Share Price $49.01 * Est. Cost/Share $23.14 Unrealized @ Report Date +97.0%

QRVO QORVO INC 0.6%

Value $20.81M Shares 268,813 Share Price $77.40 * Est. Cost/Share $91.36 Unrealized @ Report Date -10.0%

MLKN MILLERKNOLL INC 0.5%

Value $19.15M Shares 1,324,609 Share Price $14.46 * Est. Cost/Share $24.99 Unrealized @ Report Date -18.1%

SARO STANDARDAERO INC 0.5%

Value $18.55M Shares 716,983 Share Price $25.87 * Est. Cost/Share $28.61 Unrealized @ Report Date +9.3%

PRG PROG HOLDINGS INC 0.4%

Value $16.25M Shares 566,314 Share Price $28.69 * Est. Cost/Share $39.03 Unrealized @ Report Date -14.0%

FBIN FORTUNE BRANDS INNOVATIONS I 0.4%

Value $13.39M Shares 343,563 Share Price $38.97 * Est. Cost/Share $62.86 Unrealized @ Report Date -9.6%

PK PARK HOTELS & RESORTS INC 0.3%

Value $12.59M Shares 1,195,835 Share Price $10.53 Est. Cost/Share $14.12 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EG	EVEREST GROUP LTD	1,361,865	$445M	11.8%	$326.85	$359.52	-7.9%	Equity	G3223R108
MSFT	MICROSOFT CORP	1,108,991	$411M	10.9%	$370.17 *	$258.37	+68.2%	Equity	594918104
AMZN	AMAZON COM INC	1,595,868	$332M	8.8%	$208.27 *	$130.64	+73.6%	Equity	023135106
UNH	UNITEDHEALTH GROUP INC	912,674	$247M	6.5%	$270.59 *	$395.54	-22.0%	Equity	91324P102
RYAN	RYAN SPECIALTY HOLDINGS INC	6,595,335	$223M	5.9%	$33.74 *	$52.81	-11.7%	Equity	78351F107
TRU	TRANSUNION	3,207,405	$222M	5.9%	$69.19 *	$79.97	-1.3%	Equity	89400J107
TDG	TRANSDIGM GROUP INC	184,228	$214M	5.7%	$1158.96 *	$619.94	+119.6%	Equity	893641100
GOOG	ALPHABET INC	676,556	$194M	5.1%	$286.86 *	$109.06	+196.8%	Equity	02079K107
V	VISA INC	639,454	$193M	5.1%	$302.24 *	$171.10	+92.4%	Equity	92826C839
MA	MASTERCARD INCORPORATED	383,179	$191M	5.1%	$499.66 *	$260.71	+106.8%	Equity	57636Q104
ARES	ARES MANAGEMENT CORPORATION	1,691,176	$185M	4.9%	$109.10 *	$149.59	-0.7%	Equity	03990B101
MEDP	MEDPACE HLDGS INC	203,068	$97.51M	2.6%	$480.19 *	$490.41	+10.6%	Equity	58506Q109
KMX	CARMAX INC	2,204,876	$91.68M	2.4%	$41.58 *	$60.14	-25.4%	Equity	143130102
ELV	ELEVANCE HEALTH INC FORMERLY	296,771	$86.88M	2.3%	$292.75 *	$400.44	-12.2%	Equity	036752103
TPG	TPG INC	1,986,026	$80.45M	2.1%	$40.51 *	$57.39	-0.2%	Equity	872657101
NICE	NICE LTD	572,311	$63.1M	1.7%	$110.26	$156.41	—	Equity	653656108
FISV	FISERV INC	1,094,659	$61.08M	1.6%	$55.80 *	$117.07	-45.4%	Equity	337738108
NOW	SERVICENOW INC	533,817	$55.81M	1.5%	$104.55 *	$121.19	0.0%	Equity	81762P102
IQV	IQVIA HLDGS INC	248,101	$42.31M	1.1%	$170.54 *	$151.11	+39.1%	Equity	46266C105
HEI/A	HEICO CORP NEW	178,456	$37.67M	1.0%	$211.09 *	$103.46	+150.8%	Equity	422806208
CRM	SALESFORCE INC	196,803	$36.74M	1.0%	$186.67 *	$244.74	-11.8%	Equity	79466L302
JLL	JONES LANG LASALLE INC	109,549	$33.34M	0.9%	$304.32 *	$202.71	+65.8%	Equity	48020Q107
CIGI	COLLIERS INTL GROUP INC	255,321	$27.29M	0.7%	$106.89 *	$101.91	+31.8%	Equity	194693107
LFUS	LITTELFUSE INC	78,107	$26.51M	0.7%	$339.35 *	$226.13	+41.5%	Equity	537008104
G	GENPACT LIMITED	710,313	$26.46M	0.7%	$37.25 *	$37.60	+13.3%	Equity	G3922B107
ABM	ABM INDS INC	630,296	$24.28M	0.6%	$38.52 *	$37.77	+19.3%	Equity	000957100
ITRN	ITURAN LOCATION AND CONTROL	493,840	$24.2M	0.6%	$49.01 *	$23.14	+97.0%	Equity	M6158M104
QRVO	QORVO INC	268,813	$20.81M	0.6%	$77.40 *	$91.36	-10.0%	Equity	74736K101
MLKN	MILLERKNOLL INC	1,324,609	$19.15M	0.5%	$14.46 *	$24.99	-18.1%	Equity	600544100
SARO	STANDARDAERO INC	716,983	$18.55M	0.5%	$25.87 *	$28.61	+9.3%	Equity	85423L103
PRG	PROG HOLDINGS INC	566,314	$16.25M	0.4%	$28.69 *	$39.03	-14.0%	Equity	74319R101
FBIN	FORTUNE BRANDS INNOVATIONS I	343,563	$13.39M	0.4%	$38.97 *	$62.86	-9.6%	Equity	34964C106
PK	PARK HOTELS & RESORTS INC	1,195,835	$12.59M	0.3%	$10.53	$14.12	—	Equity	700517105