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Activist investor · Long-only 13F filer

ValueAct Capital

$5.6B$77.5M vs prior 13FUS long stock positions · not assets under managementSEC EDGAR · 13F-HR · filed 14 August 2026

ValueAct Capital's latest 13F filing covers the quarter ended 30 June 2026 and was filed 14 August 2026 (45 days after quarter end): 18 disclosed US-listed positions — $5.6 billion in long stock. One new buy, three adds, six trims and one exit against the prior quarter. Holdings are up to 45 days old by the time they clear EDGAR.

Portfolio · vs S&P 500ValueAct CapitalS&P 500
Sept 2025ValueAct Capital -5% · S&P: +12%

The line rebuilds ValueAct Capital's disclosed 13F holdings at each filing and holds them to the next, tracked against the S&P 500 where daily price history overlaps. Long US equity only — an illustrative read, not an audited return.

S&P 500 overlay: Finazon · prior-day close, most closes dollar-rounded at the source

Portfolio · vs S&P 500ValueAct CapitalS&P 500
Sept 2024ValueAct Capital +29% · S&P from Sept 2025: +12%

The line rebuilds ValueAct Capital's disclosed 13F holdings at each filing and holds them to the next, tracked against the S&P 500 where daily price history overlaps. Long US equity only — an illustrative read, not an audited return.

S&P 500 overlay: Finazon · prior-day close, most closes dollar-rounded at the source

Long stock value$5.6B
Positions18
Top holdingV · 14.1%
Top sectorFinancial Services 41%
New buys · Q2 20261
Exits · Q2 20261

Portfolio reconstructed from SEC EDGAR 13F filings · values as reported · as of Q2 2026

Top holdings — quarter ended 30 June 2026

Largest 15 of 18 positions
PositionValueWeightSharesLast quarter
VVISA INC$794.7M14.1%2.3MHeld
AMZNAMAZON COM INC$701.1M12.4%2.9MHeld
RKTROCKET COS INC$656.3M11.6%41.7MAdded
BLKBLACKROCK INC$559.3M9.9%581.7KHeld
METAMETA PLATFORMS INC$515.8M9.2%915.7KHeld
CRMSALESFORCE INC$469.1M8.3%3.0MHeld
TOSTTOAST INC$393.2M7.0%14.1MHeld
KKRKKR & CO INC$326.6M5.8%3.6MHeld
SPOTSPOTIFY TECHNOLOGY S A$241.9M4.3%526.8KAdded
LIBERTY LIVE HOLDINGS INC$229.5M4.1%2.2MTrimmed
SSDSIMPSON MFG INC$173.9M3.1%830.6KTrimmed
RBLXROBLOX CORP$171.2M3.0%3.1MTrimmed
CBRECBRE GROUP INC$133.7M2.4%992.4KAdded
LIBERTY LIVE HOLDINGS INC$79.5M1.4%785.1KTrimmed
MDBMONGODB INC$55.7M1.0%165.7KTrimmed

Rows sharing a company name are separate securities of the same issuer — different share classes or option positions, as filed.

Quarterly changes — quarter ended 30 June 2026

11 changes vs prior quarter
New buys1
Adds3
Trims6
Exits1

What changed against the previous quarter's filing: new positions first, then adds, trims and exits, each sorted by position size.

PositionChangeShares movedValue after
PAYPAY CORPNew buy+2.2M$30.9M
RKTROCKET COS INCAdded+13.5M$656.3M
SPOTSPOTIFY TECHNOLOGY S AAdded+168.3K$241.9M
CBRECBRE GROUP INCAdded+757.8K$133.7M
LIBERTY LIVE HOLDINGS INCTrimmed−1.4M$229.5M
SSDSIMPSON MFG INCTrimmed−567.4K$173.9M
RBLXROBLOX CORPTrimmed−2.7M$171.2M
LIBERTY LIVE HOLDINGS INCTrimmed−992.0K$79.5M
MDBMONGODB INCTrimmed−872.1K$55.7M
LYVLIVE NATION ENTERTAINMENT INTrimmed−322.6K$55.3M
DISDISNEY WALT COSold out−400.2Kwas $38.6M

Rows sharing a company name are separate securities of the same issuer — different share classes or option positions, as filed.

Sector allocation

Financial Services41%
Technology21%
Consumer Cyclical13%
Communication Services12%
Other / unclassified6%
Industrials3%
Real Estate2%

Holdings by sector

Financial Services carries the largest share of disclosed value, at 41%.

Financial Services41%
BLK · KKR · RKT · V
Technology21%
CRM · MDB · SPOT · TOST · WIX
Consumer Cyclical13%
AMZN · LYV
Communication Services12%
META · RBLX
Other / unclassified6%
Industrials3%
SSD
Real Estate2%
CBRE
What is ValueAct Capital's biggest holding?

As of the quarter ended 30 June 2026, the largest disclosed position was V (VISA INC), about 14.1% of the disclosed US-listed portfolio by reported value.

What did Mason Morfit's ValueAct Capital buy in Q2 2026?

1 new position was disclosed for the quarter ended 30 June 2026: PAYPAY CORP. Adds and trims are listed in the quarterly-changes table on this page.

How concentrated is the portfolio?

Fairly concentrated. The top five positions are 57% of disclosed value and the top ten are 87%.

When is ValueAct Capital's next 13F due?

13F filings for the quarter ended 30 September 2026 are due by 16 November 2026 — managers have 45 days after each calendar quarter ends. Whether ValueAct Capital files is up to the manager; we show whatever EDGAR receives.

Does this show the whole portfolio?

No. Form 13F covers US-listed long equity and some options only — no short bets, bonds, cash, private businesses, non-US holdings or timing inside the quarter. Amended filings replace originals; this page always shows the latest canonical version.

Read the form itself on SEC EDGAR or see our plain-words guide to 13F filings — ValueAct Capital may have already changed these positions since 30 June 2026.