Vulcan Value Partners’ Q3 2024 Investor Letter

Investment management company Vulcan Value Partners recently released its third-quarter 2024 investor letter. Although the firm is pleased with the results, the quarterly results were mixed during the quarter. The firm capitalized on stock price volatility by allocating capital to companies with better price-to-value ratios. In the quarter, the fund’s Large Cap Composite returned 8.2% net of fees and expenses, the Small Cap Composite returned 9.1% net, the Focus Composite returned 5.6% net, the Focus Plus composite returned 5.9% and the All-Cap Composite returned 8.1% net. For more information on the fund’s best picks in 2024, please check its top five holdings.

A copy of Vulcan Value Partners’ Q3 2024 investor letter can be downloaded here.