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. | 14.1% | $794.68M | 2.32M | 0.0% | Held | 8 |
| 2 | AMZN Amazon.com, Inc. | 12.4% | $701.12M | 2.94M | +2.0% | ▲ Add | 7 |
| 3 | RKT Rocket Companies, Inc. | 11.6% | $656.28M | 41.67M | +47.7% | ▲ Add | 6 |
| 4 | BLK BlackRock, Inc. | 9.9% | $559.34M | 581.70K | +6.5% | ▲ Add | 3 |
| 5 | META Meta Platforms, Inc. | 9.2% | $515.79M | 915.67K | 0.0% | Held | 8 |
| 6 | CRM Salesforce, Inc. | 8.3% | $469.12M | 2.99M | 0.0% | Held | 9+ |
| 7 | TOST Toast, Inc. | 7.0% | $393.21M | 14.13M | +9.6% | ▲ Add | 4 |
| 8 | KKR KKR & Co. Inc. | 5.8% | $326.57M | 3.56M | +8.5% | ▲ Add | 2 |
| 9 | LLYVA Liberty Live Group | 5.5% | $308.99M | 2.96M | -44.6% | ▼ Trim | 3 |
| 10 | SPOT Spotify Technology S.A. | 4.3% | $241.87M | 526.80K | +47.0% | ▲ Add | 2 |
| 11 | SSD Simpson Manufacturing Co.… | 3.1% | $173.89M | 830.64K | -40.6% | ▼ Trim | 5 |
| 12 | RBLX Roblox Corporation | 3.0% | $171.16M | 3.15M | -46.2% | ▼ Trim | 9+ |
| 13 | CBRE CBRE Group, Inc. | 2.4% | $133.67M | 992.39K | +323.0% | ▲ Add | 5 |
| 14 | MDB MongoDB, Inc. | 1.0% | $55.66M | 165.70K | -84.0% | ▼ Trim | 5 |
| 15 | LYV Live Nation Entertainment… | 1.0% | $55.31M | 302.07K | -51.6% | ▼ Trim | 8 |
| 16 | WIX Wix.com Ltd. | 0.8% | $47.38M | 1.10M | 0.0% | Held | 2 |
| 17 | PAYP PayPay Corporation | 0.5% | $30.88M | 2.15M | New | New | 1 |
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 |
|---|---|---|---|---|---|---|
| PAYP PayPay Corporation | 2.15M | — | New | $30.88M | 0.5% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| AMZN Amazon.com, Inc. | 2.94M | 2.88M | +2.0% | $701.12M | 12.4% | |
| RKT Rocket Companies, Inc. | 41.67M | 28.21M | +47.7% | $656.28M | 11.6% | |
| BLK BlackRock, Inc. | 581.70K | 546.10K | +6.5% | $559.34M | 9.9% | |
| TOST Toast, Inc. | 14.13M | 12.90M | +9.6% | $393.21M | 7.0% | ●●●●○○ |
| KKR KKR & Co. Inc. | 3.56M | 3.28M | +8.5% | $326.57M | 5.8% | ●●○○○○ |
| SPOT Spotify Technology S.A. | 526.80K | 358.50K | +47.0% | $241.87M | 4.3% | ●●○○○○ |
| CBRE CBRE Group, Inc. | 992.39K | 234.59K | +323.0% | $133.67M | 2.4% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| LLYVA Liberty Live Group | 2.96M | 5.34M | -44.6% | $308.99M | 5.5% | ●●○○○○ |
| RBLX Roblox Corporation | 3.15M | 5.85M | -46.2% | $171.16M | 3.0% | ●●○○○○ |
| MDB MongoDB, Inc. | 165.70K | 1.04M | -84.0% | $55.66M | 1.0% | ●●●○○○ |
| SSD Simpson Manufacturing… | 830.64K | 1.40M | -40.6% | $173.89M | 3.1% | ●●○○○○ |
| LYV Live Nation… | 302.07K | 624.67K | -51.6% | $55.31M | 1.0% | ●●○○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| DIS The Walt Disney Company | — | 400.23K | Exit | $38.57M | 0.7% |
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 holdings listed · View original SEC filing ↗
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$5.93B · 16 holdings listed · View original SEC filing ↗
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$4.39B · 12 holdings listed · View original SEC filing ↗
$4.37B · 11 holdings listed · amendment (new holdings) · View original SEC filing ↗
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$3.56B · 10 holdings listed · View original SEC filing ↗