ValueAct Holdings, L.P.

CIK 1418814 · View on SEC EDGAR ↗

Portfolio value
$5.6B
#735 of 9,443 by 13F value · top 7.8%
Positions
18
As of
June 30, 2026

Portfolio value QoQ: -1.4% 13F does not disclose cash

Top 10 holdings weight
86.74%
Top 25 holdings weight
100.00%
Positions above 1%
14
Effective number of positions
11.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 9.34% Est. buys $529,978,565 · sells $903,420,795

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 66.7% still held

New positions
1
Increased
7
Decreased
6
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-6.7%
S&P 500 total return (same window)
+28.1%
Excess return
-34.7%

Annualized: -4.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 95.7% · Options excluded: 0.0%

Sector breakdown

Financial Services
48.4%
Communication Services
22.9%
Retail
12.4%
Technology
10.2%
Industrials
3.1%
Real Estate
2.4%
Other/Unmapped
0.5%

Full portfolio 18 positions

Type Streak 8Q trend
V Visa Inc. $794,682,213 14.10% 2,316,250 $94,618,813
AMZN Amazon.com, Inc. - Common Stock $701,124,778 12.44% 2,941,700 $100,349,136 Up ×1
RKT Rocket Companies, Inc. Class A Common Stock $656,283,191 11.65% 41,668,774 $254,223,374 Up ×1
BLK BlackRock, Inc. Common Stock $559,339,452 9.93% 581,700 $34,149,621 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $515,790,007 9.15% 915,674 $-8,094,559
CRM Salesforce, Inc. Common Stock $469,119,780 8.33% 2,994,509 $-89,865,215
TOST Toast, Inc. Class A Common Stock $393,208,937 6.98% 14,134,038 $51,350,876 Up ×3
KKR KKR & Co. Inc. Common Stock $326,571,596 5.80% 3,558,200 $23,199,346 Up ×1
SPOT Spotify Technology S.A. Ordinary Shares $241,869,684 4.29% 526,800 $68,029,449 Up ×1
LLYVK Liberty Live Holdings, Inc. - Series C Liberty Live Group Common Stock $229,491,068 4.07% 2,172,388 $-105,654,217 Down ×2
SSD Simpson Manufacturing Company, Inc. Common Stock $173,894,903 3.09% 830,642 $-66,037,065 Down ×2
RBLX Roblox Corporation Class A Common Stock $171,156,754 3.04% 3,147,421 $-159,641,250 Down ×2
CBRE CBRE Group Inc Common Stock Class A $133,665,144 2.37% 992,391 $101,887,447 Up ×1
LLYVA Liberty Live Holdings, Inc. - Series A Liberty Live Group Common Stock $79,501,150 1.41% 785,119 $-83,350,003 Down ×2
MDB MongoDB, Inc. - Class A Common Stock $55,658,630 0.99% 165,700 $-198,363,676 Down ×3
LYV Live Nation Entertainment, Inc. Common Stock $55,311,305 0.98% 302,066 $-39,956,507 Down ×2
WIX Wix.com Ltd. - Ordinary Shares $47,384,496 0.84% 1,099,370 $-46,684,747
Unknown issuer (CUSIP: 70450C101) $30,878,284 0.55% 2,154,800 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
TOST $393,208,937 6.98% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 70450C101) $30,878,284 2,154,800 0.55%

Top movers (QoQ)

Security Action Shares Δ Value Δ
RKT Bought more +13.5M +$254.2M
MDB Trimmed -872K -$198.4M
RBLX Trimmed -2.7M -$159.6M
LLYVK Trimmed -1.4M -$105.7M
CBRE Bought more +758K +$101.9M
AMZN Bought more +57K +$100.3M
V Price move only +0 +$94.6M
CRM Price move only +0 -$89.9M
LLYVA Trimmed -992K -$83.4M
SPOT Bought more +168K +$68.0M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
LLYVKXXXX Dec. 31, 2025 3,515,888 $340,935,659 No longer tracked
COOP Dec. 31, 2025 904,800 $190,722,792 No longer tracked
NSIT March 31, 2026 1,216,592 $99,115,750 121.8%
TOST June 30, 2025 2,597,200 $86,149,124 -20.0%
RDFN Sept. 30, 2025 5,805,600 $64,964,664 No longer tracked
EXPE Sept. 30, 2025 278,356 $46,953,090 52.5%
DIS June 30, 2026 400,231 $38,574,264 12.2%
NU June 30, 2025 3,416,200 $34,981,888 5.8%
CCC Sept. 30, 2025 2,881,800 $27,117,738 -18.1%