13F-HR 1 vac13f021306.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 31 December 2005 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: ValueAct Capital (VA Partners, LLC) ----------------------------------------------------- 435 Pacific Avenue, Fourth Floor ----------------------------------------------------- San Francisco, CA 94133 ----------------------------------------------------- Form 13F File Number: 28-10080 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: George F. Hamel, Jr. Title: Managing Member Phone: 415-362-3700 Signature, Place, and Date of Signing: /s/ George F. Hamel, Jr. San Francisco, CA February 13, 2006 ------------------ ----------------- ---------------- [Signature] [City, State] [Date] Report Type: [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --------------- Form 13F Information Table Entry Total: 22 --------------- Form 13F Information Table Value Total: $2,798,857 -------------- (thousands) List of Other Included Managers: NONE VA Partners, LLC FORM 13F INFORMATION TABLE Voting Authority ---------------------- Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer Title of Class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 99 Cents Only Stores COM 65440K106 8,016 766,400 Sh Sole N/A 766,400 ----------------------------------------------------------------------------------------------------------------------------------- Acxiom Corp. COM 005125109 237,441 10,323,555 Sh Sole N/A 10,323,555 ----------------------------------------------------------------------------------------------------------------------------------- Adesa Inc. COM 00686U104 117,816 4,824,600 Sh Sole N/A 4,824,600 ----------------------------------------------------------------------------------------------------------------------------------- Applera Corp. COM 038020103 300,592 11,317,500 Sh Sole N/A 11,317,500 ----------------------------------------------------------------------------------------------------------------------------------- Avaya Inc. COM 053499109 106,700 10,000,000 Sh Sole N/A 10,000,000 ----------------------------------------------------------------------------------------------------------------------------------- Catalina Marketing Corp. COM 148867104 183,688 7,246,100 Sh Sole N/A 7,246,100 ----------------------------------------------------------------------------------------------------------------------------------- Chiron Corporation COM 170040109 435,512 9,800,000 Sh Sole N/A 9,800,000 ----------------------------------------------------------------------------------------------------------------------------------- DocuCorp International, Inc. COM 255911109 5,862 920,380 Sh Sole N/A 920,380 ----------------------------------------------------------------------------------------------------------------------------------- Gartner Group, Inc. COM 366651107 237,992 18,449,046 Sh Sole N/A 18,449,046 ----------------------------------------------------------------------------------------------------------------------------------- Hanover Compressor Co. COM 410768105 108,615 7,697,800 Sh Sole N/A 7,697,800 ----------------------------------------------------------------------------------------------------------------------------------- Mentor Corp COM 587188103 191,223 4,149,818 Sh Sole N/A 4,149,818 ----------------------------------------------------------------------------------------------------------------------------------- MSC Software Corp COM 553531104 58,816 3,459,800 Sh Sole N/A 3,459,800 ----------------------------------------------------------------------------------------------------------------------------------- NETIQ Corp COM 64115P102 43,530 3,541,904 Sh Sole N/A 3,541,904 ----------------------------------------------------------------------------------------------------------------------------------- Per-Se Technologies COM 713569309 127,832 5,472,272 Sh Sole N/A 5,472,272 ----------------------------------------------------------------------------------------------------------------------------------- Reynolds & Reynolds Co CL A COM 761695105 188,773 6,725,100 Sh Sole N/A 6,725,100 ----------------------------------------------------------------------------------------------------------------------------------- Seitel Inc. COM 816074405 62,075 29,701,363 Sh Sole N/A 29,701,363 ----------------------------------------------------------------------------------------------------------------------------------- Snap On Tools Corp. COM 833034101 117,224 3,121,000 Sh Sole N/A 3,121,000 ----------------------------------------------------------------------------------------------------------------------------------- Solexa, Inc. COM 83420X105 18,881 1,875,000 Sh Sole N/A 1,875,000 ----------------------------------------------------------------------------------------------------------------------------------- Solexa, Inc. WTS 834991150 4,753 937,500 Sh Sole N/A 937,500 ----------------------------------------------------------------------------------------------------------------------------------- TriZetto Group, Inc. COM 896882107 101,940 6,000,000 Sh Sole N/A 6,000,000 ----------------------------------------------------------------------------------------------------------------------------------- U.S.I. Holdings Corp. COM 90333H101 74,057 5,378,161 Sh Sole N/A 5,378,161 ----------------------------------------------------------------------------------------------------------------------------------- Williams Scotsman Intl Inc. COM 96950G102 67,509 3,900,000 Sh Sole N/A 3,900,000 -----------------------------------------------------------------------------------------------------------------------------------