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Must-know: ValueAct Capital’s 2Q14 positions

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ValueAct Capital’s 2Q14 positions

ValueAct Capital Management (or VAC) is an investment company. It’s based in San Francisco. It manages more than $14 billion on behalf of several institutional and individual investors. The firm was founded in 2000. It’s led by its founding partners—Jeffrey Ubben and George Hamel, Jr.

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The fund’s new position in the second quarter was Armstrong World Industries (or AWI). It accounted for 1.15% of the fund’s total 2Q14 portfolio. The stake was disclosed though a 13D filing in August. It has been discussed in detail on the Market Realist website at ValueAct Capital’s new position in Armstrong World Industries.

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The fund also added a new position in 21st Century Fox (FOX). It exited positions in Symantec Corp. (SYMC) and Micros Systems Inc. (MCRS). Top position increases were Microsoft Corp. (MSFT) and CBRE Group (CBG).

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