ValueAct Capital
Manager: Mason Morfit
ValueAct Holdings, L.P. · CIK 0001418814 · Form 13F-HR · Accession 0001418814-26-000003
Reported Equity Holdings (USD)
$5.6bn
18 positions · mainly 13F (+ Non-US where noted)
Form ADV RAUM (total)
$11.3bn
as of FY 2025 (ADV Annual Updating Amendment filed 30 Mar 2026) · form_adv
Shown (≥1%)
14
13F combined (18 → 18) · 4 under 1% hidden
Largest weights: Visa Inc. 14.1%, Amazon.com, Inc. 12.4%, Rocket Companies 11.6%. Sorted by USD value.
Reported Equity Holdings USD
4 names under 1% hidden (still included in Reported Equity Holdings). Weights vs full book — visible weights may sum to under 100%.
| # | Issuer | Ticker / listing | CCY | Value (USD) | Weight | Source | As of | Notes |
|---|---|---|---|---|---|---|---|---|
| 1 | Visa Inc. |
V · NYSE | USD | $794.7m | 14.1% | 13F | 13F — 30 Jun 2026 | COM CL A |
| 2 | Amazon.com, Inc. |
AMZN · Nasdaq | USD | $701.1m | 12.4% | 13F | 13F — 30 Jun 2026 | COM |
| 3 | Rocket Companies |
RKT · NYSE | USD | $656.3m | 11.6% | 13F | 13F — 30 Jun 2026 | COM CL A |
| 4 | BlackRock, Inc. |
BLK · NYSE | USD | $559.3m | 9.9% | 13F | 13F — 30 Jun 2026 | COM |
| 5 | Meta Platforms |
META · Nasdaq | USD | $515.8m | 9.2% | 13F | 13F — 30 Jun 2026 | CL A |
| 6 | Salesforce, Inc. |
CRM · NYSE | USD | $469.1m | 8.3% | 13F | 13F — 30 Jun 2026 | COM |
| 7 | Toast, Inc. |
TOST · NYSE | USD | $393.2m | 7.0% | 13F | 13F — 30 Jun 2026 | CL A |
| 8 | KKR & Co. Inc. |
KKR · NYSE | USD | $326.6m | 5.8% | 13F | 13F — 30 Jun 2026 | COM |
| 9 | Spotify Technology |
SPOT · NYSE | USD | $241.9m | 4.3% | 13F | 13F — 30 Jun 2026 | SHS |
| 10 | Liberty Live Holdings (Series C) |
LLYVK · Nasdaq | USD | $229.5m | 4.1% | 13F | 13F — 30 Jun 2026 | COM SHS SER C |
| 11 | Simpson Manufacturing |
SSD · NYSE | USD | $173.9m | 3.1% | 13F | 13F — 30 Jun 2026 | COM |
| 12 | Roblox Corporation |
RBLX · NYSE | USD | $171.2m | 3.0% | 13F | 13F — 30 Jun 2026 | CL A |
| 13 | CBRE Group |
CBRE · NYSE | USD | $133.7m | 2.4% | 13F | 13F — 30 Jun 2026 | CL A |
| 14 | Liberty Live Holdings (Series A) |
LLYVA · Nasdaq | USD | $79.5m | 1.4% | 13F | 13F — 30 Jun 2026 | COM SER A |
Methodology
- One book: All weights in USD. Reported Equity Holdings = ValueAct Holdings, L.P. 13F-HR reported values (same-issuer/CUSIP rows aggregated). Schema X0202 whole USD.
- US 13F: ValueAct Holdings, L.P. (CIK 0001418814) Form 13F-HR — ValueAct Capital / Mason Morfit. Period end 30 Jun 2026, filed 14 Aug 2026. Schema X0202 whole USD ($5.6bn).
- Reported AUM vs equity book: ADV RAUM (~$11.3bn, YE 2025) exceeds the US 13F book (~$5.6bn as of 30 Jun 2026) — cash, Japan Fund / co-invest sleeves, and other non-13F assets. Adviser ADV is ValueAct Capital Management, L.P. (CRD 154249); 13F filer is ValueAct Holdings, L.P.
- Enrichment: Book values and weights are from the SEC 13F-HR only (light enrich: tickers / display names). ValueAct / Mason Morfit is a concentrated activist / value book. 13F filer is ValueAct Holdings, L.P. (CIK 0001418814); firm ADV is filed by ValueAct Capital Management, L.P. (CRD 154249). No separate Non-US regulator hunt in this pass (Japan Fund sleeves sit outside Form 13F).
- Filer note: Filer legal name ValueAct Holdings, L.P. CIK 0001418814. Related adviser ValueAct Capital Management, L.P. CRD 154249 / SEC 801-71658.
- Mixed as-of: US 13F as of period end 30 Jun 2026.
- Reported AUM: Firm / strategy AUM from the manager's site or Form ADV where cited on this page — separate from Reported Equity Holdings.
- Shares / Discretion / Vote columns omitted. Value shown as USD market value ($m, 1 decimal, e.g. $17,700.0m). Weight to 1 decimal.
- Table shows positions with weight ≥ 1.0% only; names under 1% are hidden but still included in Reported Equity Holdings (USD) and the weight denominator.
- Raw data: EDGAR 13F · portfolio_combined.json · holdings.json