Vulcan Value Partners’ Q2 2024 Investor Letter

Investment management company Vulcan Value Partners recently released its second quarter 2024 investor letter. The quarterly results were mixed. The firm faced stock price volatility with some of the companies in its portfolios but managed this by adhering to discipline and capitalizing on the volatility to invest in companies with improved price-to-value ratios. In the quarter, the fund’s Large Cap Composite returned -2.9% net of fees and expenses, the Small Cap Composite returned -0.1 % net, the Focus Composite returned -0.4% net, the Focus Plus composite returned -0.8% and the All-Cap Composite returned 1.1% net. For more information on the fund’s best picks in 2024, please check its top five holdings.

A copy of Vulcan Value Partners’ Q2 2024 investor letter can be downloaded here.