Q2 2026 · SEC CIK 0001418814
ValueAct Capital portfolio
SuperinvestorHedge fundValueAct Holdings, L.P. filed on 2026-08-14. Open SEC filings ↗
- Reported 13F value
- $5.6B
- Reported positions
- 18
- Eligible equities
- 18
- Holdings vs S&P 500, 3 years
- -2.7 pts
Average holding period of the top positions: 1.6 yrs. Holdings vs the S&P 500 over 1 and 5 years: -17.4 pts, -2.8 pts.
In its Q2 2026 13F, filed 2026-08-14, ValueAct Holdings, L.P. reported 18 positions worth $5.6B. Its largest holdings were VISA INC (V, 14.1%), AMAZON COM INC (AMZN, 12.4%), ROCKET COS INC (RKT, 11.6%). Over the last 3 years its top holdings ran 2.7 points a year behind the S&P 500.
Reported holdings in the Q2 2026 13F.
The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.
| Stock | % of reported portfolio | Weight change | Reported value |
|---|---|---|---|
| VVISA INC | 14.1% | +1.85 pp | $794.7M |
| AMZNAMAZON COM INC | 12.4% | +1.93 pp | $701.1M |
| RKTROCKET COS INC | 11.6% | +4.61 pp | $656.3M |
| BLKBLACKROCK INC | 9.9% | +0.73 pp | $559.3M |
| METAMETA PLATFORMS INC | 9.2% | -0.02 pp | $515.8M |
| CRMSALESFORCE INC | 8.3% | -1.46 pp | $469.1M |
| TOSTTOAST INC | 7.0% | +0.99 pp | $393.2M |
| KKRKKR & CO INC | 5.8% | +0.48 pp | $326.6M |
| SPOTSPOTIFY TECHNOLOGY S A | 4.3% | +1.25 pp | $241.9M |
| LLYVKLIBERTY LIVE HOLDINGS INC | 4.1% | -1.79 pp | $229.5M |
| SSDSIMPSON MFG INC | 3.1% | -1.11 pp | $173.9M |
| RBLXROBLOX CORP | 3.0% | -2.75 pp | $171.2M |
| CBRECBRE GROUP INC | 2.4% | +1.82 pp | $133.7M |
| LLYVALIBERTY LIVE HOLDINGS INC | 1.4% | -1.44 pp | $79.5M |
| MDBMONGODB INC | 1.0% | -3.46 pp | $55.7M |
| LYVLIVE NATION ENTERTAINMENT IN | 1.0% | -0.69 pp | $55.3M |
| WIXWIX COM LTD | 0.8% | -0.81 pp | $47.4M |
| PAYPPAYPAY CORP | 0.5% | New | $30.9M |
What ValueAct Capital bought and sold in Q2 2026, against Q1 2026.
New positions
- PAYP Paypay Corp0.5% of 13F
Added to
- CBRE Cbre Group Inc+323.0% shares
- RKT Rocket Cos Inc+47.7% shares
- SPOT Spotify Technology SA+46.9% shares
- TOST Toast Inc+9.6% shares
- KKR Kkr & Co Inc+8.5% shares
- BLK Blackrock Inc+6.5% shares
Reduced
- MDB Mongodb Inc-84.0% shares
- LLYVA Liberty Live Group Series A-55.8% shares
- LYV Live Nation Entertainment in-51.6% shares
- RBLX Roblox Corp-46.2% shares
- SSD Simpson Mfg Inc-40.6% shares
- LLYVK Liberty Live Holdings Inc-39.0% shares
Sold out
- DIS Disney Walt Cowas 0.7%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -5.7% /yr
- S&P 500 +11.7%
- 3 years
- +19.6% /yr
- S&P 500 +22.3%
- 5 years
- +7.8% /yr
- S&P 500 +10.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Questions about ValueAct Capital's portfolio
What stocks does ValueAct Capital own?
ValueAct Holdings, L.P.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 18 positions worth $5.6B. The largest are Visa Inc (V) at 14.1%, Amazon Com Inc (AMZN) at 12.4%, Rocket Cos Inc (RKT) at 11.6%, Blackrock Inc (BLK) at 9.9% and Meta Platforms Inc (META) at 9.2%.
What did ValueAct Capital buy last quarter?
In Q2 2026, ValueAct Holdings, L.P. added a new position in Paypay Corp (PAYP), Cbre Group Inc (CBRE) (+323.0% shares), Rocket Cos Inc (RKT) (+47.7% shares) and Spotify Technology SA (SPOT) (+46.9% shares), compared with its Q1 2026 filing.
What did ValueAct Capital sell last quarter?
In Q2 2026, ValueAct Holdings, L.P. sold all of Disney Walt Co (DIS), Mongodb Inc (MDB) (-84.0% shares), Liberty Live Group Series A (LLYVA) (-55.8% shares) and Live Nation Entertainment in (LYV) (-51.6% shares), compared with its Q1 2026 filing.
How has ValueAct Capital's portfolio performed?
A portfolio copying ValueAct Holdings, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.6% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: -5.7% against +11.7%. Over 5 years: +7.8% a year against +10.6%.
When is ValueAct Holdings, L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. ValueAct Holdings, L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.