13F Filings/ValueAct Holdings, L.P.

ValueAct Holdings, L.P.

Hedge FundCIK0001418814LocationSAN FRANCISCO, CA 94129, United States

Long U.S. equity positions disclosed to the SEC on Form 13F-HR.

Latest filingQ2 2026Quarter ended30 Jun 2026Filed14 Aug 2026
Firm profile · Form ADV
SEC adviser registration

ValueAct Capital provides discretionary investment advice and management services to private investment funds and certain other investment vehicles. As of December 31, 2025, the company managed approximately $11.3 billion of regulatory assets under management on a discretionary basis for eighteen clients. The Flagship Fund employs long-term, concentrated, active value investing in a select number of companies generally without geographic limitations.Summarised from the firm’s Form ADV Part 2A brochure.

CRD
154249 · 801-71658
Portfolio Turnover
13%
Of book traded, QoQ
Positions
18
Long U.S. equities
Top 10 Concentration
87%
Of reported value
QoQ Change
$-77.5M
Value change
Assets under management
Form ADV RAUM · client mix · 13F over time
Regulatory AUM
$11.3B
Form ADV, as of Mar 2026
100% discretionary ($11.3B)
By client type
Pooled investment vehicles: $11.3B (100.0%) · 18 clients
Pooled investment vehicles
$11.3B · 100%
13F AUM over time
$5.6B
Q2 ’26 · 13F AUM
42%
53 quarters
Reported Holdings
Q2 2026 · upgrade to Pro for past quarters
★ Position spotlightVVISA INC · 14.1% of bookThis highlighted stock and its 1Y chart are public
Loading position history…
SecuritySharesMarket ValueEst. CostLast PxEst. Return% PortfolioΔ SharesAction
VISA INC
V· Financials
2.32MSH$794.7M~$343.09$382.4111.5%14.1%Unchanged
AMAZON COM INC
AMZN· Consumer Discretionary
2.94MSH$701.1M~$238.34$262.0710.0%12.4% 2.0%Added
ROCKET COS INC
RKT· Financials
41.67MSH$656.3M~$15.75$14.0910.5%11.6% 47.7%Added
BLACKROCK INC
BLK· Financials
582KSH$559.3M~$961.56$1172.6121.9%9.9% 6.5%Added
META PLATFORMS INC
META· Communication Services
916KSH$515.8M~$563.29$559.020.8%9.2%Unchanged
SALESFORCE INC
CRM· Information Technology
2.99MSH$469.1M~$156.66$209.0633.4%8.3%Unchanged
TOAST INC
TOST· Financials
14.13MSH$393.2M~$27.82$36.7132.0%7.0% 9.6%Added
KKR & CO INC
KKR· Financials
3.56MSH$326.6M~$91.78$107.3216.9%5.8% 8.5%Added
SPOTIFY TECHNOLOGY S A
527KSH$241.9M~$459.134.3% 46.9%Added
LIBERTY LIVE HOLDINGS INC
LLYVK· Communication Services
2.17MSH$229.5M~$105.64$106.130.5%4.1% 39.0%Reduced
VVISA INCUnchanged
$794.7M· 14.1%· 2.32M SH· · cost $343.09· last $382.41· 11.5%
Financials · COM CL A · SOLE
AMZNAMAZON COM INCAdded
$701.1M· 12.4%· 2.94M SH· 2.0%· cost $238.34· last $262.07· 10.0%
Consumer Discretionary · COM · SOLE
RKTROCKET COS INCAdded
$656.3M· 11.6%· 41.67M SH· 47.7%· cost $15.75· last $14.09· 10.5%
Financials · COM CL A · SOLE
BLKBLACKROCK INCAdded
$559.3M· 9.9%· 582K SH· 6.5%· cost $961.56· last $1172.61· 21.9%
Financials · COM · SOLE
METAMETA PLATFORMS INCUnchanged
$515.8M· 9.2%· 916K SH· · cost $563.29· last $559.02· 0.8%
Communication Services · CL A · SOLE
CRMSALESFORCE INCUnchanged
$469.1M· 8.3%· 2.99M SH· · cost $156.66· last $209.06· 33.4%
Information Technology · COM · SOLE
TOSTTOAST INCAdded
$393.2M· 7.0%· 14.13M SH· 9.6%· cost $27.82· last $36.71· 32.0%
Financials · CL A · SOLE
KKRKKR & CO INCAdded
$326.6M· 5.8%· 3.56M SH· 8.5%· cost $91.78· last $107.32· 16.9%
Financials · COM · SOLE
SPOTIFY TECHNOLOGY S AAdded
$241.9M· 4.3%· 527K SH· 46.9%· cost $459.13
SHS · SOLE
LLYVKLIBERTY LIVE HOLDINGS INCReduced
$229.5M· 4.1%· 2.17M SH· 39.0%· cost $105.64· last $106.13· 0.5%
Communication Services · COM SHS SER C · SOLE
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Sector Breakdown
Q2 2026
Financials48.4% · $2.7B
Communication Services18.7% · $1.1B
Consumer Discretionary12.4% · $701.1M
Information Technology9.3% · $524.8M
Unclassified5.7% · $320.1M
Industrials3.1% · $173.9M
Real Estate2.4% · $133.7M