ValueAct Holdings 13F, Q4 2025
ValueAct Capital · quarter ending 31 December 2025 · filed 17 February 2026 · SEC CIK 1418814
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| SALESFORCE INC | CRM | $793.28M | 11.3% | +3% shares |
| AMAZON COM INC | AMZN | $783.47M | 11.2% | -3% shares |
| ROCKET COS INC | RKT | $762.41M | 10.8% | +55% shares |
| BLACKROCK INC | BLK | $743.89M | 10.6% | new |
| META PLATFORMS INC | META | $691.76M | 9.8% | +36% shares |
| VISA INC | V | $602.61M | 8.6% | +10% shares |
| MONGODB INC | MDB | $590.42M | 8.4% | -34% shares |
| ROBLOX CORP | RBLX | $484.22M | 6.9% | +40% shares |
| DISNEY WALT CO | DIS | $350.18M | 5.0% | -30% shares |
| LIBERTY LIVE HOLDINGS INC | LLYVK | $299.71M | 4.3% | new |
| TOAST INC | TOST | $284.62M | 4.0% | +136% shares |
| SIMPSON MFG INC | SSD | $237.71M | 3.4% | +22% shares |
| LIBERTY LIVE HOLDINGS INC | LLYVA | $146.64M | 2.1% | new |
| LIVE NATION ENTERTAINMENT IN | LYV | $117.29M | 1.7% | +28% shares |
| INSIGHT ENTERPRISES INC | NSIT | $99.12M | 1.4% | -46% shares |
| CBRE GROUP INC | CBRE | $37.72M | 0.5% | unchanged |
What changed since Q3 2025
Against the Q3 2025 filing, ValueAct Holdings opened 3 new positions, added to 8, trimmed 4, left 1 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- LIBERTY MEDIA CORP DELwas $340.94M
- MR COOPER GROUP INCwas $190.72M
- LIBERTY MEDIA CORP DELwas $162.15M
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0001418814-26-000001, filed by ValueAct Holdings, L.P.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.