ValueAct Capital 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
ValueAct Capital disclosed 16 US equity positions worth $7.0bn in its Q4 2025 13F filing. The largest position was CRM at 11.3% of the reported book, followed by AMZN and RKT. Against the Q3 2025 filing, it opened 3 new positions, added to 8 and reduced 4 among the top 16 holdings.
What did ValueAct Capital own in Q4 2025? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CRM SALESFORCE INC | Technology | 11.3% | $793.3m | 2,994,509 | 3% | added |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 11.2% | $783.5m | 3,394,300 | -3% | reduced |
| 3 | RKT ROCKET COS INC | Financial Services | 10.9% | $762.4m | 39,380,652 | 55% | added |
| 4 | BLK BLACKROCK INC | Financial Services | 10.6% | $743.9m | 695,000 | – | new |
| 5 | META META PLATFORMS INC | Communication Services | 9.8% | $691.8m | 1,047,974 | 36% | added |
| 6 | V VISA INC | Financial Services | 8.6% | $602.6m | 1,718,250 | 10% | added |
| 7 | MDB MONGODB INC | Technology | 8.4% | $590.4m | 1,406,800 | -34% | reduced |
| 8 | RBLX ROBLOX CORP | Communication Services | 6.9% | $484.2m | 5,975,821 | 40% | added |
| 9 | DIS DISNEY WALT CO | Communication Services | 5.0% | $350.2m | 3,077,931 | -30% | reduced |
| 10 | LIBERTY LIVE HOLDINGS INC | 4.3% | $299.7m | 3,603,988 | – | new | |
| 11 | TOST TOAST INC | Technology | 4.1% | $284.6m | 8,015,277 | 136% | added |
| 12 | SSD SIMPSON MFG INC | Basic Materials | 3.4% | $237.7m | 1,472,142 | 22% | added |
| 13 | LIBERTY LIVE HOLDINGS INC | 2.1% | $146.6m | 1,799,319 | – | new | |
| 14 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 1.7% | $117.3m | 823,066 | 28% | added |
| 15 | NSIT INSIGHT ENTERPRISES INC | Technology | 1.4% | $99.1m | 1,216,592 | -46% | reduced |
| 16 | CBRE CBRE GROUP INC | Real Estate | 0.5% | $37.7m | 234,591 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.