VALUEACT HOLDINGS, L.P. Information

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

Report Date: 12/31/2016

Position Statistics

Total Positions 14
New Positions 1
Increased Positions 6
Decreased Positions 3
Positions with Activity 9
Sold Out Positions 0
Total Mkt Value (in $ millions) 12,670

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

Sector Weighting

Energy 12.48%
Basic Materials 3.39%
Industrials 16.95%
Consumer Cyclicals 13.39%
Consumer Non-Cyclicals
Financials 28.43%
Healthcare 1.01%
Technology 24.35%
Telecommunication Services
Utilities

14 Positions as of 12/31/2016

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
CBRE GROUP INC CL A 1,439,602 249,365 20.95 41,873,250
TWENTY FIRST CENTY FOX INC CL B 1,611,522 90,660 5.96 53,326,334
ALLIANCE DATA SYSTEMS CORP COM 1,361,519 63,969 4.93 5,246,500
ALLISON TRANSMISSION HLDGS INC COM 378,381 -309,170 (44.97) 10,525,204
ARMSTRONG FLOORING INC COM 85,468 New 4,600,000
ARMSTRONG WORLD INDS INC NEW COM 430,100 New 9,200,000
BAKER HUGHES INC COM 1,580,883 -142,953 (8.29) 27,407,820
MICROSOFT CORP COM 2,564,799 121 .01 38,626,497
NETSCOUT SYS INC COM 60,043 60,043 New 1,645,000
TRINITY INDS INC COM 407,173 82,613 25.45 15,582,605
VALEANT PHARMACEUTICALS INTL I COM 127,601 New 14,994,261
MORGAN STANLEY COM NEW 1,124,462 -626,958 (35.8) 26,901,000
SEAGATE TECHNOLOGY PLC SHS 460,376 New 9,539,490
WILLIS TOWERS WATSON PUB LTD SHS 1,038,231 New 8,108,015