ValueAct Capital
Founded by Jeff Ubben; led by Mason Morfit · San Francisco, CA · CIK 1418814 · EDGAR filings ↗
Constructive activist with board seats.
Reported 13F portfolio value covers U.S. reportable long positions only — not cash, bonds, shorts or non-U.S. holdings. It is not assets under management.
Share of reported common-equity value; (±pp) vs prior quarter.
| # | Security | Weight | Value | Shares | Δ shares | Held | |
|---|---|---|---|---|---|---|---|
| 1 | V Visa Inc. | 12.3% | $700.06M | 2.32M | +34.8% | ▲ Add | 7 |
| 2 | AMZN Amazon.com, Inc. | 10.5% | $600.78M | 2.88M | -15.0% | ▼ Trim | 6 |
| 3 | CRM Salesforce, Inc. | 9.8% | $558.98M | 2.99M | 0.0% | Held | 8 |
| 4 | BLK BlackRock, Inc. | 9.2% | $525.19M | 546.10K | -21.4% | ▼ Trim | 2 |
| 5 | META Meta Platforms, Inc. | 9.2% | $523.88M | 915.67K | -12.6% | ▼ Trim | 7 |
| 6 | RKT Rocket Companies, Inc. | 7.0% | $402.06M | 28.21M | -28.4% | ▼ Trim | 5 |
| 7 | TOST Toast, Inc. | 6.0% | $341.86M | 12.90M | +60.9% | ▲ Add | 3 |
| 8 | LLYVA Liberty Live Group | 8.7% | $335.15M | 3.56M | -1.2% | ▼ Trim | 2 |
| 9 | RBLX Roblox Corporation | 5.8% | $330.80M | 5.85M | -2.1% | ▼ Trim | 8 |
| 10 | KKR KKR & Co. Inc. | 5.3% | $303.37M | 3.28M | New | New | 1 |
| 11 | MDB MongoDB, Inc. | 4.4% | $254.02M | 1.04M | -26.2% | ▼ Trim | 4 |
| 12 | SSD Simpson Manufacturing Co.… | 4.2% | $239.93M | 1.40M | -5.0% | ▼ Trim | 4 |
| 13 | SPOT Spotify Technology S.A. | 3.0% | $173.84M | 358.50K | New | New | 1 |
| 14 | LLYVA Liberty Live Group | 8.7% | $162.85M | 1.78M | -1.2% | ▼ Trim | 2 |
| 15 | LYV Live Nation Entertainment… | 1.7% | $95.27M | 624.67K | -24.1% | ▼ Trim | 7 |
| 16 | WIX Wix.com Ltd. | 1.6% | $94.07M | 1.10M | New | New | 1 |
| 17 | DIS The Walt Disney Company | 0.7% | $38.57M | 400.23K | -87.0% | ▼ Trim | 8 |
| 18 | CBRE CBRE Group, Inc. | 0.6% | $31.78M | 234.59K | 0.0% | Held | 4 |
Common-stock (SH) positions only; option lines are in the Options tab and are never netted. ✂ = change computed against split-adjusted prior shares. “Held N+” = held every quarter in our window, possibly longer.
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| KKR KKR & Co. Inc. | 3.28M | — | New | $303.37M | 5.3% | |
| SPOT Spotify Technology S.A. | 358.50K | — | New | $173.84M | 3.0% | |
| WIX Wix.com Ltd. | 1.10M | — | New | $94.07M | 1.6% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| V Visa Inc. | 2.32M | 1.72M | +34.8% | $700.06M | 12.3% | ●●●○○○ |
| TOST Toast, Inc. | 12.90M | 8.02M | +60.9% | $341.86M | 6.0% | ●●●○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| AMZN Amazon.com, Inc. | 2.88M | 3.39M | -15.0% | $600.78M | 10.5% | ●●●○○○ |
| RKT Rocket Companies, Inc. | 28.21M | 39.38M | -28.4% | $402.06M | 7.0% | |
| BLK BlackRock, Inc. | 546.10K | 695.00K | -21.4% | $525.19M | 9.2% | |
| META Meta Platforms, Inc. | 915.67K | 1.05M | -12.6% | $523.88M | 9.2% | |
| MDB MongoDB, Inc. | 1.04M | 1.41M | -26.2% | $254.02M | 4.4% | ●●○○○○ |
| LLYVA Liberty Live Group | 5.34M | 5.40M | -1.2% | $498.00M | 8.7% | |
| RBLX Roblox Corporation | 5.85M | 5.98M | -2.1% | $330.80M | 5.8% | |
| DIS The Walt Disney Company | 400.23K | 3.08M | -87.0% | $38.57M | 0.7% | ●●●●○○ |
| SSD Simpson Manufacturing… | 1.40M | 1.47M | -5.0% | $239.93M | 4.2% | |
| LYV Live Nation… | 624.67K | 823.07K | -24.1% | $95.27M | 1.7% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| NSIT Insight Enterprises… | — | 1.22M | Exit | $99.12M | 1.4% |
Consecutive quarters each current position has been reported, within our data window.
| Manager | Common positions | Name overlap | Weighted similarity | |
|---|---|---|---|---|
| Soroban Capital Partners LP | 3 | 8.1% | 0.4052 | Compare ⇄ |
| Holocene Advisors, LP | 10 | 1.3% | 0.3343 | Compare ⇄ |
| Viking Global Investors | 3 | 3.0% | 0.3246 | Compare ⇄ |
| Loomis Sayles & Co L P | 6 | 0.9% | 0.3211 | Compare ⇄ |
| Tiger Global Management | 4 | 6.8% | 0.2892 | Compare ⇄ |
| Grantham, Mayo, Van Otterloo & Co. LLC | 8 | 1.2% | 0.2749 | Compare ⇄ |
| Balyasny Asset Management L.P. | 14 | 0.7% | 0.2718 | Compare ⇄ |
| Brown Advisory Inc | 14 | 1.0% | 0.2629 | Compare ⇄ |
Similarity of reported longs only — hedges and non-13F assets are invisible. Methodology
$5.63B · 18 positions · View original SEC filing ↗
$5.71B · 18 positions · View original SEC filing ↗
$7.03B · 16 positions · View original SEC filing ↗
$5.93B · 16 positions · View original SEC filing ↗
$5.60B · 18 positions · View original SEC filing ↗
$4.58B · 14 positions · View original SEC filing ↗
$4.39B · 12 positions · View original SEC filing ↗
$4.37B · 11 positions · amendment (new holdings) · View original SEC filing ↗
$3.94B · 10 positions · View original SEC filing ↗
$3.56B · 10 positions · View original SEC filing ↗