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) 12,584

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

Sector Weighting

Energy 13.12%
Basic Materials
Industrials 16.15%
Consumer Cyclicals 16.74%
Consumer Non-Cyclicals
Financials 29.14%
Healthcare 1.28%
Technology 23.57%
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 1,472,263 255,022 20.95 41,873,250
TWENTY FIRST CENTY FOX INC CL B 1,604,589 90,270 5.96 53,326,334
ALLIANCE DATA SYSTEMS CORP COM 1,255,435 58,985 4.93 5,246,500
ALLISON TRANSMISSION HLDGS INC COM 371,119 -303,236 (44.97) 10,525,204
ARMSTRONG FLOORING INC COM 84,502 New 4,600,000
ARMSTRONG WORLD INDS INC NEW COM 417,220 New 9,200,000
BAKER HUGHES INC COM 1,650,773 -149,273 (8.29) 27,407,820
MICROSOFT CORP COM 2,480,207 117 .01 38,626,497
NETSCOUT SYS INC COM 61,112 61,112 New 1,645,000
TRINITY INDS INC COM 406,239 82,423 25.45 15,582,605
VALEANT PHARMACEUTICALS INTL I COM 160,738 New 14,994,261
MORGAN STANLEY COM NEW 1,147,597 -639,857 (35.8) 26,901,000
SEAGATE TECHNOLOGY PLC SHS 424,603 New 9,539,490
WILLIS TOWERS WATSON PUB LTD SHS 1,047,474 New 8,108,015