VALUEACT HOLDINGS, L.P. Information

435 PACIFIC AVENUE, 4TH FLOOR, SAN FRANCISCO, California, 94133, (415) 362-3700

Report Date: 12/31/2013

Position Statistics

Total Positions 15
New Positions 1
Increased Positions 3
Decreased Positions 4
Positions with Activity 7
Sold Out Positions 3
Total Mkt Value (in $ millions) 12,391

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

Sector Weighting

Basic Materials 0%
Capital Goods 8.73%
Conglomerates
Consumer Cyclical 4.51%
Consumer/Non-Cyclical
Energy 0%
Financial 8.75%
Healthcare 18.64%
Services 7.19%
Technology 52.18%
Transportation
Utilities

15 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
CF INDS HLDGS INC COM -342,233 Sold Out 0
MOSAIC CO NEW COM -28,060 Sold Out 0
VALERO ENERGY CORP NEW COM -35,714 Sold Out 0
KAR AUCTION SVCS INC COM 24,326 New 803,628
DRESSER-RAND GROUP INC COM 39,329 39,329 New 658,222
MSCI INC COM 314,340 2,534 .81 7,454,117
MICROS SYS INC COM 344,175 New 6,697,308
ALLISON TRANSMISSION HLDGS INC COM 558,601 415,266 289.72 18,025,204
WILLIS GROUP HOLDINGS PUBLIC L SHS 769,571 New 18,214,700
CBRE GROUP INC CL A 867,108 New 32,162,764
ROCKWELL COLLINS INC COM 1,042,090 New 13,113,000
ADOBE SYS INC COM 1,620,860 -383,807 (19.15) 25,310,116
MOTOROLA SOLUTIONS INC COM NEW 1,825,516 New 28,907,623
VALEANT PHARMACEUTICALS INTL I COM 2,309,659 New 18,923,877
MICROSOFT CORP COM 2,675,290 New 66,865,530