VULCAN VALUE PARTNERS, LLC

PrivateCIK: 1556785

Location

BIRMINGHAM, AL

Positions

$3.29B

Total AUM (reported)

26.95M

Total Shares

Allocation by class

EQUITY$3.29B100.0%

Portfolio Concentration

Top 3$1.04B31.6%

4–10$1.48B45.0%

11–25$654.00M19.9%

Rest$115.26M3.5%

Top 3 weight

31.6%

Top 10 weight

76.6%

Voting Authority Distribution

Total shares with voting rights: 26.95M

Sole

Full voting authority

14.67M

% of voting shares54.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.28M

% of voting shares45.6%

Investment Discretion (by position count)

Sole36

Shared0

Other0

Dominant voting typeSole · 54.4% of voting shares

Institutional Holdings36

Rows:

EVEREST GROUP LTD

SOLE

Equity

Shares1.04M

TypeSH

Market value$370.41M

11.28%

Sole

717K

Shared

0.00

None

319.91K

MICROSOFT CORP

SOLE

Equity

Shares986.90K

TypeSH

Market value$368.14M

11.21%

Sole

684.43K

Shared

0.00

None

302.47K

RYAN SPECIALTY HOLDINGS INC

SOLE

Equity

Shares7.91M

TypeSH

Market value$298.78M

9.09%

Sole

5.01M

Shared

0.00

None

2.90M

MASTERCARD INCORPORATED

SOLE

Equity

Shares502.96K

TypeSH

Market value$258.32M

7.86%

Sole

320.23K

Shared

0.00

None

182.73K

AMAZON COM INC

SOLE

Equity

Shares992.76K

TypeSH

Market value$236.61M

7.20%

Sole

671.03K

Shared

0.00

None

321.72K

TRANSDIGM GROUP INC

SOLE

Equity

Shares170.43K

TypeSH

Market value$227.02M

6.91%

Sole

112.81K

Shared

0.00

None

57.62K

ARES MANAGEMENT CORPORATION

SOLE

Equity

Shares1.90M

TypeSH

Market value$211.78M

6.45%

Sole

1.19M

Shared

0.00

None

709.10K

TRANSUNION

SOLE

Equity

Shares2.71M

TypeSH

Market value$195.30M

5.94%

Sole

1.64M

Shared

0.00

None

1.06M

ALPHABET INC

SOLE

Equity

Shares539.47K

TypeSH

Market value$190.61M

5.80%

Sole

352.20K

Shared

0.00

None

187.28K

VISA INC

SOLE

Equity

Shares463.27K

TypeSH

Market value$158.94M

4.84%

Sole

315.06K

Shared

0.00

None

148.20K

TPG INC

SOLE

Equity

Shares2.36M

TypeSH

Market value$95.77M

2.92%

Sole

778.22K

Shared

0.00

None

1.58M

MEDPACE HLDGS INC

SOLE

Equity

Shares141.74K

TypeSH

Market value$75.07M

2.28%

Sole

52.23K

Shared

0.00

None

89.51K

ELEVANCE HEALTH INC FORMERLY

SOLE

Equity

Shares155.87K

TypeSH

Market value$60.28M

1.83%

Sole

57.34K

Shared

0.00

None

98.53K

SERVICENOW INC

SOLE

Equity

Shares574.81K

TypeSH

Market value$57.07M

1.74%

Sole

155.79K

Shared

0.00

None

419.02K

IQVIA HLDGS INC

SOLE

Equity

Shares259.86K

TypeSH

Market value$50.21M

1.53%

Sole

88.14K

Shared

0.00

None

171.72K

CARMAX INC

SOLE

Equity

Shares912.64K

TypeSH

Market value$48.27M

1.47%

Sole

345.66K

Shared

0.00

None

566.98K

FISERV INC

SOLE

Equity

Shares893.97K

TypeSH

Market value$43.85M

1.33%

Sole

285.78K

Shared

0.00

None

608.19K

NICE LTD

SOLE

Equity

Shares478.42K

TypeSH

Market value$43.46M

1.32%

Sole

168.24K

Shared

0.00

None

310.19K

HEICO CORP NEW

SOLE

Equity

Shares153.72K

TypeSH

Market value$39.65M

1.21%

Sole

56.30K

Shared

0.00

None

97.42K

JONES LANG LASALLE INC

SOLE

Equity

Shares96.26K

TypeSH

Market value$29.84M

0.91%

Sole

27.18K

Shared

0.00

None

69.08K

UNITEDHEALTH GROUP INC

SOLE

Equity

Shares67.31K

TypeSH

Market value$27.98M

0.85%

Sole

22.04K

Shared

0.00

None

45.27K

SALESFORCE INC

SOLE

Equity

Shares164.01K

TypeSH

Market value$25.69M

0.78%

Sole

61.64K

Shared

0.00

None

102.38K

COLLIERS INTL GROUP INC

SOLE

Equity

Shares211.91K

TypeSH

Market value$19.87M

0.60%

Sole

107.68K

Shared

0.00

None

104.23K

ABM INDS INC

SOLE

Equity

Shares448.56K

TypeSH

Market value$19.84M

0.60%

Sole

252.80K

Shared

0.00

None

195.75K

MILLERKNOLL INC

SOLE

Equity

Shares838.15K

TypeSH

Market value$17.15M

0.52%

Sole

312.60K

Shared

0.00

None

525.56K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
EVEREST GROUP LTDSOLE	Equity	1.04M	SH	$370.41M 11.28%	717K	319.91K
MICROSOFT CORPSOLE	Equity	986.90K	SH	$368.14M 11.21%	684.43K	302.47K
RYAN SPECIALTY HOLDINGS INCSOLE	Equity	7.91M	SH	$298.78M 9.09%	5.01M	2.90M
MASTERCARD INCORPORATEDSOLE	Equity	502.96K	SH	$258.32M 7.86%	320.23K	182.73K
AMAZON COM INCSOLE	Equity	992.76K	SH	$236.61M 7.20%	671.03K	321.72K
TRANSDIGM GROUP INCSOLE	Equity	170.43K	SH	$227.02M 6.91%	112.81K	57.62K
ARES MANAGEMENT CORPORATIONSOLE	Equity	1.90M	SH	$211.78M 6.45%	1.19M	709.10K
TRANSUNIONSOLE	Equity	2.71M	SH	$195.30M 5.94%	1.64M	1.06M
ALPHABET INCSOLE	Equity	539.47K	SH	$190.61M 5.80%	352.20K	187.28K
VISA INCSOLE	Equity	463.27K	SH	$158.94M 4.84%	315.06K	148.20K
TPG INCSOLE	Equity	2.36M	SH	$95.77M 2.92%	778.22K	1.58M
MEDPACE HLDGS INCSOLE	Equity	141.74K	SH	$75.07M 2.28%	52.23K	89.51K
ELEVANCE HEALTH INC FORMERLYSOLE	Equity	155.87K	SH	$60.28M 1.83%	57.34K	98.53K
SERVICENOW INCSOLE	Equity	574.81K	SH	$57.07M 1.74%	155.79K	419.02K
IQVIA HLDGS INCSOLE	Equity	259.86K	SH	$50.21M 1.53%	88.14K	171.72K
CARMAX INCSOLE	Equity	912.64K	SH	$48.27M 1.47%	345.66K	566.98K
FISERV INCSOLE	Equity	893.97K	SH	$43.85M 1.33%	285.78K	608.19K
NICE LTDSOLE	Equity	478.42K	SH	$43.46M 1.32%	168.24K	310.19K
HEICO CORP NEWSOLE	Equity	153.72K	SH	$39.65M 1.21%	56.30K	97.42K
JONES LANG LASALLE INCSOLE	Equity	96.26K	SH	$29.84M 0.91%	27.18K	69.08K
UNITEDHEALTH GROUP INCSOLE	Equity	67.31K	SH	$27.98M 0.85%	22.04K	45.27K
SALESFORCE INCSOLE	Equity	164.01K	SH	$25.69M 0.78%	61.64K	102.38K
COLLIERS INTL GROUP INCSOLE	Equity	211.91K	SH	$19.87M 0.60%	107.68K	104.23K
ABM INDS INCSOLE	Equity	448.56K	SH	$19.84M 0.60%	252.80K	195.75K
MILLERKNOLL INCSOLE	Equity	838.15K	SH	$17.15M 0.52%	312.60K	525.56K

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