VALUEACT HOLDINGS, L.P. Information

ONE LETTERMAN DRIVE, SAN FRANCISCO, California, 94129, (415) 362-3700

Report Date: 06/30/2014

Position Statistics

Total Positions 15
New Positions 2
Increased Positions 5
Decreased Positions 5
Positions with Activity 10
Sold Out Positions 1
Total Mkt Value (in $ millions) 13,547

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods 10.78%
Conglomerates
Consumer Cyclical 3.96%
Consumer/Non-Cyclical
Energy
Financial 9.13%
Healthcare 16.4%
Services 8.06%
Technology 51.38%
Transportation 0.28%
Utilities

15 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
SYMANTEC CORP COM -185,150 Sold Out 0
ROCKWELL COLLINS INC COM 960,095 -87,923 (8.39) 12,011,700
EXPEDITORS INTL WASH INC COM 38,342 -54,265 (58.6) 905,364
DRESSER-RAND GROUP INC COM 348,280 -51,942 (12.98) 4,358,408
ADOBE SYS INC COM 1,644,054 -50,205 (2.96) 24,560,116
ALLISON TRANSMISSION HLDGS INC COM 536,250 New 18,025,204
KAR AUCTION SVCS INC COM 24,109 New 803,628
MOTOROLA SOLUTIONS INC COM NEW 1,788,804 New 28,907,623
VALEANT PHARMACEUTICALS INTL I COM 2,222,231 New 18,923,877
WILLIS GROUP HOLDINGS PUBLIC L SHS 784,803 New 18,422,600
CBRE GROUP INC CL A 976,877 94 .01 32,165,849
MSCI INC COM 452,025 58,463 14.86 9,341,288
TWENTY FIRST CENTY FOX INC CL B 90,891 90,891 New 2,663,083
MICROSOFT CORP COM 3,527,725 140,237 4.14 74,236,642
ARMSTRONG WORLD INDS INC NEW COM 152,577 152,577 New 2,700,000