ValueAct Capital: 13F holdings, Q2 2026
Activist · SEC EDGAR filings (CIK 0001418814) · Explore on the interactive board
ValueAct Capital disclosed 18 US equity positions worth $5.6bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is V at 14.1% of the reported book, followed by AMZN, RKT. The top ten holdings are 86.7% of the book, and the portfolio behaves like about 11 equal-weight positions. Versus the prior filing it opened 1 new position, added to 7, reduced 6 and exited 1.
What does ValueAct Capital own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 1 new, 7 added, 6 reduced, 1 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | V VISA INC | Financial Services | 14.1% | $794.7m | 2,316,250 | 0% | held |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 12.4% | $701.1m | 2,941,700 | 2% | added |
| 3 | RKT ROCKET COS INC | Financial Services | 11.6% | $656.3m | 41,668,774 | 48% | added |
| 4 | BLK BLACKROCK INC | Financial Services | 9.9% | $559.3m | 581,700 | 7% | added |
| 5 | META META PLATFORMS INC | Communication Services | 9.2% | $515.8m | 915,674 | 0% | held |
| 6 | CRM SALESFORCE INC | Technology | 8.3% | $469.1m | 2,994,509 | 0% | held |
| 7 | TOST TOAST INC | Technology | 7.0% | $393.2m | 14,134,038 | 10% | added |
| 8 | KKR KKR & CO INC | Financial Services | 5.8% | $326.6m | 3,558,200 | 8% | added |
| 9 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 4.3% | $241.9m | 526,800 | 47% | added |
| 10 | LIBERTY LIVE HOLDINGS INC | 4.1% | $229.5m | 2,172,388 | -39% | reduced | |
| 11 | SSD SIMPSON MFG INC | Basic Materials | 3.1% | $173.9m | 830,642 | -41% | reduced |
| 12 | RBLX ROBLOX CORP | Communication Services | 3.0% | $171.2m | 3,147,421 | -46% | reduced |
| 13 | CBRE CBRE GROUP INC | Real Estate | 2.4% | $133.7m | 992,391 | 323% | added |
| 14 | LIBERTY LIVE HOLDINGS INC | 1.4% | $79.5m | 785,119 | -56% | reduced | |
| 15 | MDB MONGODB INC | Technology | 1.0% | $55.7m | 165,700 | -84% | reduced |
| 16 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 1.0% | $55.3m | 302,066 | -52% | reduced |
| 17 | WIX WIX COM LTD | Technology | 0.8% | $47.4m | 1,099,370 | 0% | held |
| 18 | PAYP PAYPAY CORP | 0.5% | $30.9m | 2,154,800 | – | new |
What did ValueAct Capital sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| DIS DISNEY WALT CO | 100.0% | $38.6m |
Sector mix
| Sector | Weight |
|---|---|
| Financial Services | 41.5% |
| Communication Services | 17.5% |
| Technology | 17.1% |
| Consumer Cyclical | 12.4% |
| Basic Materials | 3.1% |
| Real Estate | 2.4% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q2 2026 | 18 | $5.6bn |
| Q1 2026 | 18 | $5.7bn |
| Q4 2025 | 16 | $7.0bn |
| Q3 2025 | 16 | $5.9bn |
| Q2 2025 | 18 | $5.6bn |
| Q1 2025 | 14 | $4.6bn |
| Q4 2024 | 12 | $4.4bn |
| Q3 2024 | 11 | $4.4bn |
| Q2 2024 | 10 | $3.6bn |
| Q1 2024 | 12 | $4.5bn |
| Q4 2023 | 14 | $5.0bn |
| Q3 2023 | 12 | $4.5bn |
| Q2 2023 | 9 | $6.4bn |
| Q1 2023 | 9 | $6.1bn |
| Q4 2022 | 9 | $5.3bn |
| Q3 2022 | 12 | $5.9bn |
Earliest filing: Q2 2008 · 73 quarters on file
How concentrated is ValueAct Capital's portfolio?
Across every quarter ValueAct Capital has filed, its median largest position is 20.4% of the book and its median top-ten weight is 96.7%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 149 completed holding spells, the median lasted 3.0 quarters; 18 positions are still open and their final length is unknown.