ValueAct Holdings, L.P. Buys LKQ Corp, A.O. Smith Corp, BP PLC, Sells FedEx Corp, Alliance Data Systems Corp

• New Purchases: AOS, BP, CMCSA, HDS,
• Added Positions: LKQ, HE, OUT, TRN, DAR, EVA, LIND, VRRM,
• Reduced Positions: SLM, MS, KKR, STRA,
• Sold Out: FDX, ADS,

For the details of Jeff Ubben's stock buys and sells, go to https://www.gurufocus.com/guru/jeff+ubben/current-portfolio/portfolio

1. Seagate Technology PLC (STX) - 31,554,360 shares, 22.12% of the total portfolio.
2. Citigroup Inc (C) - 27,025,500 shares, 16.35% of the total portfolio.
3. KKR & Co Inc (KKR) - 45,000,000 shares, 15.17% of the total portfolio. Shares reduced by 1.71%
4. Morgan Stanley (MS) - 14,250,000 shares, 6.96% of the total portfolio. Shares reduced by 5%
5. LKQ Corp (LKQ) - 21,547,746 shares, 6.35% of the total portfolio. Shares added by 30.33%

ValueAct Holdings, L.P. initiated holding in A.O. Smith Corp. The purchase prices were between $34.75 and $48.54, with an estimated average price of $42.78. The stock is now traded at around $40.41. The impact to a portfolio due to this purchase was 1.14%. The holding were 2,092,510 shares as of .

ValueAct Holdings, L.P. initiated holding in BP PLC. The purchase prices were between $16.11 and $39.85, with an estimated average price of $32.57. The stock is now traded at around $21.82. The impact to a portfolio due to this purchase was 0.97%. The holding were 2,772,000 shares as of .

ValueAct Holdings, L.P. initiated holding in Comcast Corp. The purchase prices were between $33.37 and $47.5, with an estimated average price of $42.37. The stock is now traded at around $35.92. The impact to a portfolio due to this purchase was 0.16%. The holding were 328,000 shares as of .

ValueAct Holdings, L.P. initiated holding in HD Supply Holdings Inc. The purchase prices were between $23.2 and $43.02, with an estimated average price of $37.5. The stock is now traded at around $27.30. The impact to a portfolio due to this purchase was 0.01%. The holding were 25,000 shares as of .

ValueAct Holdings, L.P. added to a holding in LKQ Corp by 30.33%. The purchase prices were between $13.9 and $35.8, with an estimated average price of $29.87. The stock is now traded at around $23.61. The impact to a portfolio due to this purchase was 1.48%. The holding were 21,547,746 shares as of .

ValueAct Holdings, L.P. added to a holding in Hawaiian Electric Industries Inc by 59.66%. The purchase prices were between $34.33 and $53.32, with an estimated average price of $46.33. The stock is now traded at around $36.11. The impact to a portfolio due to this purchase was 0.75%. The holding were 3,246,668 shares as of .

ValueAct Holdings, L.P. added to a holding in Outfront Media Inc by 820.30%. The purchase prices were between $7.99 and $30.96, with an estimated average price of $25.01. The stock is now traded at around $12.60. The impact to a portfolio due to this purchase was 0.59%. The holding were 3,427,200 shares as of .

ValueAct Holdings, L.P. added to a holding in Darling Ingredients Inc by 29.41%. The purchase prices were between $14.03 and $29.46, with an estimated average price of $25.51. The stock is now traded at around $20.39. The impact to a portfolio due to this purchase was 0.17%. The holding were 2,640,000 shares as of .

ValueAct Holdings, L.P. added to a holding in Enviva Partners LP by 20.10%. The purchase prices were between $22.73 and $39, with an estimated average price of $34.91. The stock is now traded at around $31.10. The impact to a portfolio due to this purchase was 0.16%. The holding were 2,527,175 shares as of .

ValueAct Holdings, L.P. added to a holding in Lindblad Expeditions Holdings Inc by 37.98%. The purchase prices were between $3.2 and $18.27, with an estimated average price of $13.01. The stock is now traded at around $5.88. The impact to a portfolio due to this purchase was 0.08%. The holding were 4,923,247 shares as of .

ValueAct Holdings, L.P. sold out a holding in FedEx Corp. The sale prices were between $90.49 and $164.91, with an estimated average price of $141.5.

ValueAct Holdings, L.P. sold out a holding in Alliance Data Systems Corp. The sale prices were between $22.61 and $114.03, with an estimated average price of $86.44.