Vulcan Value Partners, LLC Long-Term Concentrated

Name: Vulcan Value Partners, LLC Q2 2026 13F Filing | 13F Explorer
Creator: Vulcan Value Partners, LLC
Published: 2026-08-10

Location: Birmingham, AL

CIK: 0001556785 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 10, 2026

Total Value: $3.285B (100.0% shares, 0.0% debt)

Holdings (36)

New Positions (4)

EFX EQUIFAX INC 0.4%

Value $14.4M Shares 90,748 Est. Cost $158.72 Unrealized —

BMI BADGER METER INC 0.3%

Value $10.19M Shares 68,684 Est. Cost $148.38 Unrealized —

VEEV VEEVA SYS INC 0.1%

Value $3.769M Shares 21,240 Est. Cost $177.47 Unrealized —

IWD ISHARES TR 0.1%

Value $1.749M Shares 7,011 Est. Cost $249.40 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EFX	EQUIFAX INC	90,748	$14.4M	0.4%	$158.72	—	Equity	294429105
BMI	BADGER METER INC	68,684	$10.19M	0.3%	$148.38	—	Equity	056525108
VEEV	VEEVA SYS INC	21,240	$3.769M	0.1%	$177.47	—	Equity	922475108
IWD	ISHARES TR	7,011	$1.749M	0.1%	$249.40	—	Equity	464287598

Increased Positions (6)

RYAN RYAN SPECIALTY HOLDINGS INC 9.1%

Value $299M (+34.3%) Shares 7,912,669 (+20.0%) Est. Cost $50.30 Unrealized —

MA MASTERCARD INCORPORATED 7.9%

Value $258M (+34.9%) Shares 502,961 (+31.3%) Est. Cost $320.94 Unrealized —

ARES ARES MANAGEMENT CORPORATION 6.4%

Value $212M (+14.8%) Shares 1,902,580 (+12.5%) Est. Cost $145.34 Unrealized —

TPG TPG INC 2.9%

Value $95.77M (+19.0%) Shares 2,361,862 (+18.9%) Est. Cost $54.71 Unrealized —

IQV IQVIA HLDGS INC 1.5%

Value $50.21M (+18.7%) Shares 259,856 (+4.7%) Est. Cost $153.01 Unrealized —

NOW SERVICENOW INC 1.7%

Value $57.07M (+2.3%) Shares 574,811 (+7.7%) Est. Cost $119.62 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RYAN	RYAN SPECIALTY HOLDINGS INC	7,912,669 (+20.0%)	$299M (+34.3%)	9.1%	$50.30	—	Equity	78351F107
MA	MASTERCARD INCORPORATED	502,961 (+31.3%)	$258M (+34.9%)	7.9%	$320.94	—	Equity	57636Q104
ARES	ARES MANAGEMENT CORPORATION	1,902,580 (+12.5%)	$212M (+14.8%)	6.4%	$145.34	—	Equity	03990B101
TPG	TPG INC	2,361,862 (+18.9%)	$95.77M (+19.0%)	2.9%	$54.71	—	Equity	872657101
IQV	IQVIA HLDGS INC	259,856 (+4.7%)	$50.21M (+18.7%)	1.5%	$153.01	—	Equity	46266C105
NOW	SERVICENOW INC	574,811 (+7.7%)	$57.07M (+2.3%)	1.7%	$119.62	—	Equity	81762P102

Exited Positions (1)

PK PARK HOTELS & RESORTS INC 0.4%

Value $12.59M Shares 1,195,835 Est. Cost $14.12 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PK	PARK HOTELS & RESORTS INC	1,195,835	$12.59M	0.4%	$14.12	—	—	700517105

Decreased Positions (26)

UNH UNITEDHEALTH GROUP INC 0.9%

Value $27.98M (-88.7%) Shares 67,309 (-92.6%) Est. Cost $395.54 Unrealized —

AMZN AMAZON COM INC 7.2%

Value $237M (-28.8%) Shares 992,758 (-37.8%) Est. Cost $130.64 Unrealized —

EG EVEREST GROUP LTD 11.3%

Value $370M (-16.8%) Shares 1,036,906 (-23.9%) Est. Cost $359.52 Unrealized —

KMX CARMAX INC 1.5%

Value $48.27M (-47.3%) Shares 912,638 (-58.6%) Est. Cost $60.14 Unrealized —

MSFT MICROSOFT CORP 11.2%

Value $368M (-10.3%) Shares 986,905 (-11.0%) Est. Cost $258.37 Unrealized —

V VISA INC 4.8%

Value $159M (-17.8%) Shares 463,268 (-27.6%) Est. Cost $171.10 Unrealized —

TRU TRANSUNION 5.9%

Value $195M (-12.0%) Shares 2,707,249 (-15.6%) Est. Cost $79.97 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 1.8%

Value $60.28M (-30.6%) Shares 155,873 (-47.5%) Est. Cost $400.44 Unrealized —

MEDP MEDPACE HLDGS INC 2.3%

Value $75.07M (-23.0%) Shares 141,743 (-30.2%) Est. Cost $490.41 Unrealized —

NICE NICE LTD 1.3%

Value $43.46M (-31.1%) Shares 478,421 (-16.4%) Est. Cost $156.41 Unrealized —

LFUS LITTELFUSE INC 0.2%

Value $7.945M (-70.0%) Shares 17,448 (-77.7%) Est. Cost $226.13 Unrealized —

FISV FISERV INC 1.3%

Value $43.85M (-28.2%) Shares 893,965 (-18.3%) Est. Cost $117.07 Unrealized —

ITRN ITURAN LOCATION AND CONTROL 0.2%

Value $7.567M (-68.7%) Shares 124,028 (-74.9%) Est. Cost $23.14 Unrealized —

TDG TRANSDIGM GROUP INC 6.9%

Value $227M (+6.3%) Shares 170,429 (-7.5%) Est. Cost $619.94 Unrealized —

G GENPACT LIMITED 0.4%

Value $14.34M (-45.8%) Shares 521,587 (-26.6%) Est. Cost $37.60 Unrealized —

CRM SALESFORCE INC 0.8%

Value $25.69M (-30.1%) Shares 164,013 (-16.7%) Est. Cost $244.74 Unrealized —

CIGI COLLIERS INTL GROUP INC 0.6%

Value $19.87M (-27.2%) Shares 211,910 (-17.0%) Est. Cost $101.91 Unrealized —

SARO STANDARDAERO INC 0.4%

Value $13.48M (-27.3%) Shares 450,287 (-37.2%) Est. Cost $28.61 Unrealized —

ABM ABM INDS INC 0.6%

Value $19.84M (-18.3%) Shares 448,559 (-28.8%) Est. Cost $37.77 Unrealized —

QRVO QORVO INC 0.5%

Value $16.91M (-18.7%) Shares 181,315 (-32.5%) Est. Cost $91.36 Unrealized —

JLL JONES LANG LASALLE INC 0.9%

Value $29.84M (-10.5%) Shares 96,258 (-12.1%) Est. Cost $202.71 Unrealized —

GOOG ALPHABET INC 5.8%

Value $191M (-1.8%) Shares 539,472 (-20.3%) Est. Cost $109.06 Unrealized —

PRG PROG HOLDINGS INC 0.4%

Value $13.1M (-19.4%) Shares 281,066 (-50.4%) Est. Cost $39.03 Unrealized —

MLKN MILLERKNOLL INC 0.5%

Value $17.15M (-10.5%) Shares 838,151 (-36.7%) Est. Cost $24.99 Unrealized —

HEI/A HEICO CORP NEW 1.2%

Value $39.65M (+5.2%) Shares 153,718 (-13.9%) Est. Cost $103.46 Unrealized —

FBIN FORTUNE BRANDS INNOVATIONS I 0.4%

Value $11.79M (-11.9%) Shares 214,798 (-37.5%) Est. Cost $62.86 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UNH	UNITEDHEALTH GROUP INC	67,309 (-92.6%)	$27.98M (-88.7%)	0.9%	$395.54	—	Equity	91324P102
AMZN	AMAZON COM INC	992,758 (-37.8%)	$237M (-28.8%)	7.2%	$130.64	—	Equity	023135106
EG	EVEREST GROUP LTD	1,036,906 (-23.9%)	$370M (-16.8%)	11.3%	$359.52	—	Equity	G3223R108
KMX	CARMAX INC	912,638 (-58.6%)	$48.27M (-47.3%)	1.5%	$60.14	—	Equity	143130102
MSFT	MICROSOFT CORP	986,905 (-11.0%)	$368M (-10.3%)	11.2%	$258.37	—	Equity	594918104
V	VISA INC	463,268 (-27.6%)	$159M (-17.8%)	4.8%	$171.10	—	Equity	92826C839
TRU	TRANSUNION	2,707,249 (-15.6%)	$195M (-12.0%)	5.9%	$79.97	—	Equity	89400J107
ELV	ELEVANCE HEALTH INC FORMERLY	155,873 (-47.5%)	$60.28M (-30.6%)	1.8%	$400.44	—	Equity	036752103
MEDP	MEDPACE HLDGS INC	141,743 (-30.2%)	$75.07M (-23.0%)	2.3%	$490.41	—	Equity	58506Q109
NICE	NICE LTD	478,421 (-16.4%)	$43.46M (-31.1%)	1.3%	$156.41	—	Equity	653656108
LFUS	LITTELFUSE INC	17,448 (-77.7%)	$7.945M (-70.0%)	0.2%	$226.13	—	Equity	537008104
FISV	FISERV INC	893,965 (-18.3%)	$43.85M (-28.2%)	1.3%	$117.07	—	Equity	337738108
ITRN	ITURAN LOCATION AND CONTROL	124,028 (-74.9%)	$7.567M (-68.7%)	0.2%	$23.14	—	Equity	M6158M104
TDG	TRANSDIGM GROUP INC	170,429 (-7.5%)	$227M (+6.3%)	6.9%	$619.94	—	Equity	893641100
G	GENPACT LIMITED	521,587 (-26.6%)	$14.34M (-45.8%)	0.4%	$37.60	—	Equity	G3922B107
CRM	SALESFORCE INC	164,013 (-16.7%)	$25.69M (-30.1%)	0.8%	$244.74	—	Equity	79466L302
CIGI	COLLIERS INTL GROUP INC	211,910 (-17.0%)	$19.87M (-27.2%)	0.6%	$101.91	—	Equity	194693107
SARO	STANDARDAERO INC	450,287 (-37.2%)	$13.48M (-27.3%)	0.4%	$28.61	—	Equity	85423L103
ABM	ABM INDS INC	448,559 (-28.8%)	$19.84M (-18.3%)	0.6%	$37.77	—	Equity	000957100
QRVO	QORVO INC	181,315 (-32.5%)	$16.91M (-18.7%)	0.5%	$91.36	—	Equity	74736K101
JLL	JONES LANG LASALLE INC	96,258 (-12.1%)	$29.84M (-10.5%)	0.9%	$202.71	—	Equity	48020Q107
GOOG	ALPHABET INC	539,472 (-20.3%)	$191M (-1.8%)	5.8%	$109.06	—	Equity	02079K107
PRG	PROG HOLDINGS INC	281,066 (-50.4%)	$13.1M (-19.4%)	0.4%	$39.03	—	Equity	74319R101
MLKN	MILLERKNOLL INC	838,151 (-36.7%)	$17.15M (-10.5%)	0.5%	$24.99	—	Equity	600544100
HEI/A	HEICO CORP NEW	153,718 (-13.9%)	$39.65M (+5.2%)	1.2%	$103.46	—	Equity	422806208
FBIN	FORTUNE BRANDS INNOVATIONS I	214,798 (-37.5%)	$11.79M (-11.9%)	0.4%	$62.86	—	Equity	34964C106