ValueAct Holdings, L.P. — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, ValueAct Holdings, L.P. initiated 3 new positions, increased allocation to 2 existing positions, trimmed 10 positions, and exited 1 position entirely. The fund's 13F equity book declined from $7.03B to $5.71B (-18.7% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $7.03BPrior quarter
- $5.71BCurrent quarter
- $-1.31BNet delta
- -18.7%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| KKR & CO INC | KKR | 5.31% | History → |
| SPOTIFY TECHNOLOGY S A | SPOT | 3.04% | Holders → |
| WIX COM LTD | WIX | 1.65% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| DISNEY WALT CO | DIS | -4.31% | -87.00% | Holders → |
| ROCKET COMPANIES, INC., CLASS A | RKT | -3.81% | -28.35% | History → |
| MONGODB INC | MDB | -3.96% | -26.23% | Holders → |
| LIVE NATION ENTERTAINMENT IN | LYV | -0.00% | -24.10% | Holders → |
| BLACKROCK INC | BLK | -1.40% | -21.42% | History → |
| AMAZON COM INC | AMZN | -0.64% | -15.02% | History → |
| META PLATFORMS INC | META | -0.68% | -12.62% | History → |
| SIMPSON MFG INC | SSD | 0.82% | -5.03% | Holders → |
| ROBLOX CORP | RBLX | -1.10% | -2.13% | History → |
| LIBERTY LIVE HOLDINGS INC | LLYVA | 0.76% | -1.24% | Holders → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| INSIGHT ENTERPRISES INC | NSIT | 1.41% |
Methodology & FAQ
How ValueAct Holdings, L.P. Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for ValueAct Holdings, L.P. against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did ValueAct Holdings, L.P. initiate in Q1 2026?
ValueAct Holdings, L.P. established 3 new positions in Q1 2026: KKR & CO INC (KKR, 5.31%), SPOTIFY TECHNOLOGY S A (SPOT, 3.04%), WIX COM LTD (WIX, 1.65%).
Which existing positions saw the largest allocation increases for ValueAct Holdings, L.P. in Q1 2026?
The largest portfolio-weight increases in existing positions were: TOAST INC (TOST, +1.93% weight, +60.89% shares), VISA INC (V, +3.68% weight, +34.80% shares).
Which positions did ValueAct Holdings, L.P. fully exit in Q1 2026?
ValueAct Holdings, L.P. fully exited 1 position in Q1 2026: INSIGHT ENTERPRISES INC (NSIT, last-reported weight 1.41%).
Which existing positions saw the largest allocation reductions for ValueAct Holdings, L.P. in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: DISNEY WALT CO (DIS, -4.31% weight, -87.00% shares), ROCKET COMPANIES, INC., CLASS A (RKT, -3.81% weight, -28.35% shares), MONGODB INC (MDB, -3.96% weight, -26.23% shares), LIVE NATION ENTERTAINMENT IN (LYV, -0.00% weight, -24.10% shares), BLACKROCK INC (BLK, -1.40% weight, -21.42% shares), AMAZON COM INC (AMZN, -0.64% weight, -15.02% shares), META PLATFORMS INC (META, -0.68% weight, -12.62% shares), SIMPSON MFG INC (SSD, 0.82% weight, -5.03% shares), ROBLOX CORP (RBLX, -1.10% weight, -2.13% shares), LIBERTY LIVE HOLDINGS INC (LLYVA, 0.76% weight, -1.24% 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.