Activist investor, long-only 13F filer
ValueAct Capital
US long stock positions, not assets under management
Form 13F-HR, filed 14 August 2026
ValueAct Capital has stopped filing, or filed late: its most recent 13F in our EDGAR ingest was filed 14 August 2026, covering the quarter ended 30 June 2026 — 1 reporting quarter behind the newest filing among managers we track. Everything below is that last filing, not a current portfolio.
How has ValueAct Capital's portfolio moved against the S&P 500?
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 — 5.6B USD 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.
Since Sept 2025ValueAct Capital -5%S&P 500 from Dec 2025 +9%
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.
Since Sept 2024ValueAct Capital +29%S&P 500 from Dec 2025 +9%
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.
- Long stock value
- 5.6B USD
- Positions
- 18
- Top holding
- V, 14.1%
- Top sector
- Financial Services 41%
- New buys, Q2 2026
- 1
- Exits, Q2 2026
- 1
Values as reported, as of Q2 2026
Top holdings — quarter ended 30 June 2026
18 US-listed positions were disclosed for the quarter ended 30 June 2026; the 15 largest by reported value are below.
Source: SEC EDGAR Form 13F-HR, as filed.
| Position | Value | Weight | Shares | Last quarter |
|---|---|---|---|---|
| VVISA INC | 794.7M USD | 14.1% | 2.3M | Held |
| AMZNAMAZON COM INC | 701.1M USD | 12.4% | 2.9M | Held |
| RKTROCKET COS INC | 656.3M USD | 11.6% | 41.7M | Added |
| BLKBLACKROCK INC | 559.3M USD | 9.9% | 581.7K | Held |
| METAMETA PLATFORMS INC | 515.8M USD | 9.2% | 915.7K | Held |
| CRMSALESFORCE INC | 469.1M USD | 8.3% | 3.0M | Held |
| TOSTTOAST INC | 393.2M USD | 7.0% | 14.1M | Held |
| KKRKKR & CO INC | 326.6M USD | 5.8% | 3.6M | Held |
| SPOTSPOTIFY TECHNOLOGY S A | 241.9M USD | 4.3% | 526.8K | Added |
| LIBERTY LIVE HOLDINGS INC | 229.5M USD | 4.1% | 2.2M | Trimmed |
| SSDSIMPSON MFG INC | 173.9M USD | 3.1% | 830.6K | Trimmed |
| RBLXROBLOX CORP | 171.2M USD | 3.0% | 3.1M | Trimmed |
| CBRECBRE GROUP INC | 133.7M USD | 2.4% | 992.4K | Added |
| LIBERTY LIVE HOLDINGS INC | 79.5M USD | 1.4% | 785.1K | Trimmed |
| MDBMONGODB INC | 55.7M USD | 1.0% | 165.7K | Trimmed |
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 the prior quarter's filing, as of 30 June 2026: 1 new, 3 added, 6 trimmed and 1 sold out.
What changed against the previous quarter's filing: new positions first, then adds, trims and exits, each sorted by position size.
New buys 1Adds 3Trims 6Exits 1
| Position | Change | Shares moved | Value after |
|---|---|---|---|
| PAYPAY CORP | New buy | +2.2M | 30.9M USD |
| RKTROCKET COS INC | Added | +13.5M | 656.3M USD |
| SPOTSPOTIFY TECHNOLOGY S A | Added | +168.3K | 241.9M USD |
| CBRECBRE GROUP INC | Added | +757.8K | 133.7M USD |
| LIBERTY LIVE HOLDINGS INC | Trimmed | −1.4M | 229.5M USD |
| SSDSIMPSON MFG INC | Trimmed | −567.4K | 173.9M USD |
| RBLXROBLOX CORP | Trimmed | −2.7M | 171.2M USD |
| LIBERTY LIVE HOLDINGS INC | Trimmed | −992.0K | 79.5M USD |
| MDBMONGODB INC | Trimmed | −872.1K | 55.7M USD |
| LYVLIVE NATION ENTERTAINMENT IN | Trimmed | −322.6K | 55.3M USD |
| DISDISNEY WALT CO | Sold out | −400.2K | was 38.6M USD |
Rows sharing a company name are separate securities of the same issuer — different share classes or option positions, as filed.
Sector allocation
Financial Services carries the largest share of disclosed value, at 41%.
Weights are by reported value of the quarter-end holdings; sectors from the reference list, unclassified where none matched.
| Sector | Weight | Holdings |
|---|---|---|
| Financial Services | 41% | BLK, KKR, RKT, V |
| Technology | 21% | CRM, MDB, SPOT, TOST, WIX |
| Consumer Cyclical | 13% | AMZN, LYV |
| Communication Services | 12% | META, RBLX |
| Other / unclassified | 6% | |
| Industrials | 3% | SSD |
| Real Estate | 2% | CBRE |
ValueAct Capital: frequently asked questions
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.
References
- SEC EDGAR Form 13F-HR, quarterly, up to 45 days delayed. Filings are public records. Ticker mapping via SEC public files and OpenFIGI.
- Finazon prior-day close, indicative (IEX-derived, not the official close), some closes dollar-rounded at the source