ValueAct Holdings, L.P.

Superinvestor

ValueAct Capital

SEC CIK
0001418814
Manager
Mason Morfit
Style
Activist

Q4 2025 vs. Q3 2025

Positions are compared by share count, long positions only.

All holdings in Q4 2025All holdings in Q3 2025

ValueAct Holdings, L.P.: Q3 2025 compared with Q4 2025
MeasureQ3 2025Q4 2025Change
Positions16160
Total value$5.93B$7.03B+$1.1B (+18.5%)

New positions (3)

Held at the end of Q4 2025 but not at the end of Q3 2025.

ValueAct Holdings, L.P.: new positions in Q4 2025
SecurityClassShares, Q4 2025Value, Q4 2025% of portfolio, Q4 2025
BLKBLACKROCK INC COMStock695,000$743.89M10.59%
LLYVKLIBERTY LIVE HOLDINGS INCCOM SHS SER C3,603,988$299.71M4.27%
LLYVALIBERTY LIVE HOLDINGS INCCOM SER A1,799,319$146.64M2.09%

Added (8)

More shares at the end of Q4 2025 than at the end of Q3 2025.

ValueAct Holdings, L.P.: positions added to in Q4 2025
SecurityClassShares, Q3 2025Shares, Q4 2025Change in sharesValue, Q4 2025% of portfolio, Q4 2025
CRMSALESFORCE INC COMStock2,898,5092,994,509+96,000+3.3%$793.28M11.29%
RKTROCKET COS INC COM CL AStock25,395,62739,380,652+13,985,025+55.1%$762.41M10.85%
METAMETA PLATFORMS INC CL AStock768,6741,047,974+279,300+36.3%$691.76M9.85%
VVISA INC COM CL AStock1,565,8501,718,250+152,400+9.7%$602.61M8.58%
RBLXROBLOX CORP CL AStock4,283,2215,975,821+1,692,600+39.5%$484.22M6.89%
TOSTTOAST INC CL AStock3,397,2008,015,277+4,618,077+135.9%$284.62M4.05%
SSDSIMPSON MFG INCCOM1,207,9421,472,142+264,200+21.9%$237.71M3.38%
LYVLIVE NATION ENTERTAINMENT INCOM640,866823,066+182,200+28.4%$117.29M1.67%

Reduced (4)

Fewer shares at the end of Q4 2025 than at the end of Q3 2025.

ValueAct Holdings, L.P.: positions reduced in Q4 2025
SecurityClassShares, Q3 2025Shares, Q4 2025Change in sharesValue, Q4 2025% of portfolio, Q4 2025
AMZNAMAZON COM INC COMStock3,500,5003,394,300−106,200−3.0%$783.47M11.15%
MDBMONGODB INCCL A2,118,2001,406,800−711,400−33.6%$590.42M8.40%
DISDISNEY WALT CO COMStock4,391,9313,077,931−1,314,000−29.9%$350.18M4.98%
NSITINSIGHT ENTERPRISES INCCOM2,271,7391,216,592−1,055,147−46.4%$99.12M1.41%

Sold out (3)

Held at the end of Q3 2025, gone by the end of Q4 2025.

ValueAct Holdings, L.P.: positions sold out in Q4 2025
SecurityClassShares, Q3 2025Value, Q3 2025% of portfolio, Q3 2025
LLYVKLIBERTY MEDIA CORP DELCOM LBTY LIV S C3,515,888$340.94M5.75%
MR COOPER GROUP INC62482R107COM904,800$190.72M3.22%
LLYVALIBERTY MEDIA CORP DELCOM LBTY LIV S A1,719,548$162.15M2.73%