ValueAct Holdings, L.P. 13F: Quarter-over-Quarter Portfolio Changes
ValueAct Holdings, L.P. reported a disclosed portfolio value of approximately $5.6 billion in its latest SEC Form 13F-HR filing for Q2 2026, down 1.4% quarter on quarter. Over the quarter, the fund initiated 1 new position, bought more shares in 7 holdings, trimmed 6 holdings, and exited 1 position.
ValueAct Holdings, L.P.'s top buy was Cbre Group, INC. Class a (CBRE) . The fund bought 323.0% more shares, lifting the position's portfolio weight by 1.8 percentage points. Its top sell was Mongodb INC (MDB) . The fund sold 84.0% of its previously reported shares, reducing the position's portfolio weight by 3.5 percentage points.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| PAYPAY CORP | PAYP | 0.5% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| CBRE GROUP, INC. CLASS A | CBRE | +1.8% | +323.0% | Holders → |
| ROCKET COS INC | RKT | +4.6% | +47.7% | History → |
| SPOTIFY TECHNOLOGY S A | SPOT | +1.2% | +46.9% | History → |
| TOAST INC | TOST | +1.0% | +9.6% | History → |
| KKR & CO INC | KKR | +0.5% | +8.5% | History → |
| BLACKROCK INC | BLK | +0.7% | +6.5% | History → |
| AMAZON.COM INC | AMZN | +1.9% | +2.0% | History → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| MONGODB INC | MDB | -3.5% | 84.0% | Holders → |
| LIBERTY LIVE HOLDINGS INC | LLYVA | -1.4% | 55.8% | Holders → |
| LIVE NATION ENTERTAINMENT IN | LYV | -0.7% | 51.6% | Holders → |
| ROBLOX CORP | RBLX | -2.8% | 46.2% | Holders → |
| SIMPSON MFG INC | SSD | -1.1% | 40.6% | Holders → |
| LIBERTY LIVE HOLDINGS INC | LLYVK | -1.8% | 39.0% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| DISNEY WALT CO | DIS | 0.7% |
Net Portfolio Value ChangeQ2 2026
- $5.7BPrior quarter
- $5.6BCurrent quarter
- $-0.1BNet delta
- -1.4%% change
Methodology & FAQ
How ValueAct Holdings, L.P. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for ValueAct Holdings, L.P.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did ValueAct Holdings, L.P. buy in Q2 2026?
In Q2 2026, ValueAct Holdings, L.P. initiated 1 new position (PAYPAY CORP (PAYP)); bought more shares of CBRE GROUP, INC. CLASS A (CBRE), ROCKET COS INC (RKT), SPOTIFY TECHNOLOGY S A (SPOT), TOAST INC (TOST), KKR & CO INC (KKR) (the largest 5 of 7 adds).
What stocks did ValueAct Holdings, L.P. sell in Q2 2026?
In Q2 2026, ValueAct Holdings, L.P. fully sold 1 position (DISNEY WALT CO (DIS)); reduced holdings in MONGODB INC (MDB), LIBERTY LIVE HOLDINGS INC (LLYVA), LIVE NATION ENTERTAINMENT IN (LYV), ROBLOX CORP (RBLX), SIMPSON MFG INC (SSD) (the largest 5 of 6 reductions).
Which positions did ValueAct Holdings, L.P. initiate in Q2 2026?
ValueAct Holdings, L.P. established 1 new position in Q2 2026: PAYPAY CORP (PAYP, 0.5%).
Which existing positions saw the largest allocation increases for ValueAct Holdings, L.P. in Q2 2026?
Of 7 existing positions with share-count increases in Q2 2026, the largest were: CBRE GROUP, INC. CLASS A (CBRE, +1.8% weight, +323.0% shares), ROCKET COS INC (RKT, +4.6% weight, +47.7% shares), SPOTIFY TECHNOLOGY S A (SPOT, +1.2% weight, +46.9% shares), TOAST INC (TOST, +1.0% weight, +9.6% shares), KKR & CO INC (KKR, +0.5% weight, +8.5% shares), BLACKROCK INC (BLK, +0.7% weight, +6.5% shares), AMAZON.COM INC (AMZN, +1.9% weight, +2.0% shares).
Which positions did ValueAct Holdings, L.P. fully exit in Q2 2026?
ValueAct Holdings, L.P. fully exited 1 position in Q2 2026: DISNEY WALT CO (DIS, last-reported weight 0.7%).
Which existing positions saw the largest allocation reductions for ValueAct Holdings, L.P. in Q2 2026?
Of 6 existing positions with share-count reductions in Q2 2026, the largest were: MONGODB INC (MDB, -3.5% weight, -84.0% shares), LIBERTY LIVE HOLDINGS INC (LLYVA, -1.4% weight, -55.8% shares), LIVE NATION ENTERTAINMENT IN (LYV, -0.7% weight, -51.6% shares), ROBLOX CORP (RBLX, -2.8% weight, -46.2% shares), SIMPSON MFG INC (SSD, -1.1% weight, -40.6% shares), LIBERTY LIVE HOLDINGS INC (LLYVK, -1.8% weight, -39.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.