ValueAct Holdings, L.P. Buys FedEx Corp, Verra Mobility Corp, Strategic Education Inc, Sells Alliance Data Systems Corp, Morgan Stanley, Arcosa Inc

• New Purchases: FDX, VRRM, OUT,
• Added Positions: TRN, STRA, HE, LKQ, LIND,
• Reduced Positions: ADS, MS, C, KKR, DAR,
• Sold Out: ACA, PCG, PSN,

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

1. Citigroup Inc (C) - 27,025,500 shares, 21.85% of the total portfolio. Shares reduced by 3.57%
2. Seagate Technology PLC (STX) - 31,554,360 shares, 19.00% of the total portfolio.
3. KKR & Co Inc (KKR) - 45,784,200 shares, 13.52% of the total portfolio. Shares reduced by 4.81%
4. Morgan Stanley (MS) - 15,000,000 shares, 7.76% of the total portfolio. Shares reduced by 32.58%
5. CBRE Group Inc (CBRE) - 10,225,592 shares, 6.34% of the total portfolio.

ValueAct Holdings, L.P. initiated holding in FedEx Corp. The purchase prices were between $138.39 and $165.67, with an estimated average price of $154.38. The stock is now traded at around $158.62. The impact to a portfolio due to this purchase was 0.9%. The holding were 590,000 shares as of .

ValueAct Holdings, L.P. initiated holding in Verra Mobility Corp. The purchase prices were between $13.84 and $15.1, with an estimated average price of $14.36. The stock is now traded at around $16.59. The impact to a portfolio due to this purchase was 0.73%. The holding were 5,155,000 shares as of .

ValueAct Holdings, L.P. initiated holding in Outfront Media Inc. The purchase prices were between $24.79 and $28.29, with an estimated average price of $26.11. The stock is now traded at around $30.84. The impact to a portfolio due to this purchase was 0.1%. The holding were 372,400 shares as of .

ValueAct Holdings, L.P. added to a holding in Strategic Education Inc by 34.45%. The purchase prices were between $122.09 and $158.9, with an estimated average price of $139.23. The stock is now traded at around $167.93. The impact to a portfolio due to this purchase was 0.28%. The holding were 673,265 shares as of .

ValueAct Holdings, L.P. added to a holding in Hawaiian Electric Industries Inc by 25.46%. The purchase prices were between $42.98 and $47.42, with an estimated average price of $44.82. The stock is now traded at around $50.40. The impact to a portfolio due to this purchase was 0.19%. The holding were 2,033,463 shares as of .

ValueAct Holdings, L.P. added to a holding in Lindblad Expeditions Holdings Inc by 24.75%. The purchase prices were between $15 and $17.35, with an estimated average price of $15.95. The stock is now traded at around $15.40. The impact to a portfolio due to this purchase was 0.12%. The holding were 3,568,118 shares as of .

ValueAct Holdings, L.P. sold out a holding in Arcosa Inc. The sale prices were between $32.56 and $45.76, with an estimated average price of $38.65.

ValueAct Holdings, L.P. sold out a holding in PG&E Corp. The sale prices were between $3.8 and $12.32, with an estimated average price of $8.57.

ValueAct Holdings, L.P. sold out a holding in Parsons Corp. The sale prices were between $31.87 and $42.35, with an estimated average price of $37.51.