1y return−10.2%S&P 500 +20.9%
3y return+54.8%S&P 500 +68.5%
5y return+51.6%S&P 500 +74.5%
10y return+231.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $331 against $357 in the S&P 500.2
ValueAct Holdings, L.P.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VVisa Inc | $794.7M | 14.1% | |
| AMZNAmazon Com Inc | $701.1M | 12.4% | +2.0% |
| RKTRocket Cos Inc | $656.3M | 11.6% | +47.7% |
| BLKBlackrock Inc | $559.3M | 9.9% | +6.5% |
| METAMeta Platforms Inc | $515.8M | 9.2% | |
| CRMSalesforce Inc | $469.1M | 8.3% | |
| TOSTToast Inc | $393.2M | 7.0% | +9.6% |
| KKRKkr & Co Inc | $326.6M | 5.8% | +8.5% |
| Spotify Technology S ACUSIP L8681T102 | $241.9M | 4.3% | +46.9% |
| LLYVKLiberty Live Holdings Inc | $229.5M | 4.1% | −39.0% |
| SSDSimpson Mfg Inc | $173.9M | 3.1% | −40.6% |
| RBLXRoblox Corp | $171.2M | 3.0% | −46.2% |
| CBRECbre Group Inc | $133.7M | 2.4% | +323.0% |
| LLYVALiberty Live Holdings Inc | $79.5M | 1.4% | −55.8% |
| MDBMongodb Inc | $55.7M | 1.0% | −84.0% |
| LYVLive Nation Entertainment In | $55.3M | 1.0% | −51.6% |
| Wix Com LtdCUSIP M98068105 | $47.4M | 0.8% | |
| PAYPPaypay Corp | $30.9M | 0.5% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| RBLXRoblox Corp | September 30, 2023 | +87.8% | $171.2M |
| LYVLive Nation Entertainment In | September 30, 2024 | +67.2% | $55.3M |
| MDBMongodb Inc | June 30, 2025 | +60.0% | $55.7M |
| SSDSimpson Mfg Inc | June 30, 2025 | +34.8% | $173.9M |
| RKTRocket Cos Inc | March 31, 2025 | +30.5% | $656.3M |
| LLYVKLiberty Live Holdings Inc | December 31, 2025 | +27.0% | $229.5M |
| VVisa Inc | September 30, 2024 | +24.8% | $794.7M |
| LLYVALiberty Live Holdings Inc | December 31, 2025 | +24.2% | $79.5M |
| CRMSalesforce Inc | December 31, 2022 | +18.2% | $469.1M |
| AMZNAmazon Com Inc | December 31, 2024 | +8.6% | $701.1M |
Sold off last quarter
- DISDisney Walt Co was $38.6M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +5.1% | +14.8% |
| March 31, 2026 | −17.4% | −4.6% |
| December 31, 2025 | −1.1% | +2.4% |
| September 30, 2025 | +4.6% | +7.8% |
| June 30, 2025 | +19.1% | +10.5% |
| March 31, 2025 | −7.9% | −4.6% |
| December 31, 2024 | +11.2% | +2.1% |
| September 30, 2024 | +9.3% | +5.4% |
| June 30, 2024 | −6.0% | +4.0% |
| March 31, 2024 | +11.1% | +10.0% |
| December 31, 2023 | +25.0% | +11.2% |
| September 30, 2023 | −1.0% | −3.6% |
| June 30, 2023 | +5.9% | +8.3% |
| March 31, 2023 | +14.9% | +7.0% |
| December 31, 2022 | +8.3% | +7.1% |
| September 30, 2022 | −6.9% | −5.3% |
| June 30, 2022 | −16.7% | −16.5% |
| March 31, 2022 | −15.1% | −4.9% |
| December 31, 2021 | +13.1% | +10.7% |
| September 30, 2021 | −0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: ValueAct Holdings, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1418814&type=13F-HR&dateb=&owner=include&count=40CIK 1418814
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1418814/000141881426000003/Filed August 14, 2026 · accession 0001418814-26-000003