ValueAct portfolio and 13F holdings: the top 10 positions reported for 2026-06-30
The 10 largest positions ValueAct reported on Form 13F-HR for 2026-06-30, each at 0.5% or more of its portfolio and together 86.7% of everything it reported. Share, value and quarter-over-quarter change, straight from SEC EDGAR — no price data goes into the figures above.
Reported positions
Largest share first. Positions below 0.5% of the portfolio, and anything past the 10th, are not listed
| Ticker | Company | % of fund | Value | Change |
|---|---|---|---|---|
| Visa Inc | 14.10% | $795 m | held | |
 AMZN | Amazon Com Inc | 12.44% | $701 m | held |
| Rocket Cos Inc | 11.65% | $656 m | increased | |
| Blackrock Inc | 9.93% | $559 m | increased | |
| Meta Platforms Inc | 9.15% | $516 m | held | |
| Salesforce Inc | 8.33% | $469 m | held | |
| Toast Inc | 6.98% | $393 m | increased | |
| Kkr & Co L P Del | 5.80% | $327 m | increased | |
| Spotify Technology SA | 4.29% | $242 m | increased | |
| Liberty Live Holdings Inc | 4.07% | $229 m | reduced |
Of the 10 positions above: increased 5 · held 4 · reduced 1. The increased ones are RKT, BLK, TOST, KKR, SPOT. These labels come from comparing with the previous quarter's filing — Form 13F itself has no such column. Positions sold out during the quarter do not appear here at all.
Who else holds these names
Among the 59 funds we track, those reporting the same name as a top position. Not the total number of institutions holding it — funds we do not track, and smaller positions that miss the cut, do not appear. Each fund's as-of date is its own latest filing and is not necessarily the same quarter. Linked where we have a page for them
| Ticker | Funds | Also held by |
|---|---|---|
| 7 | Akre Capital, Baupost Group, Polen Capital, Sands Capital, TCI Fund Management, Viking Global, Wedgewood Partners | |
| AMZN | 29 | Altimeter Capital, Appaloosa, ARK Investment Management, Baillie Gifford, Baupost Group, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Dragoneer Investment, Duquesne Family Office, Farallon Capital, Fisher Asset Management, Glenview Capital, Gotham Asset Management, Marshall Wace, Maverick Capital, Millennium Management, Pershing Square, Point72, Polen Capital, Sands Capital, Soros Fund Management, Third Point, Tiger Global, Tudor Investment, Two Sigma Investments, Wedgewood Partners, Whale Rock Capital |
| 12 | Abrams Capital, Altimeter Capital, Appaloosa, D. E. Shaw, First Eagle Investment, Glenview Capital, Maverick Capital, Pershing Square, Renaissance Technologies, Tiger Global, Viking Global, Wedgewood Partners | |
| 1 | Harris Associates | |
| 1 | Akre Capital | |
| 2 | Baillie Gifford, Sands Capital |
ValueAct portfolio value: what the 13F reports, and why it is not AUM
ValueAct reported $5.63 bn of positions on its Form 13F-HR for the quarter ending 2026-06-30, filed with the SEC on 2026-08-14 — 45 days after the quarter closed. By reported 13F value that makes it the 40th largest of the 59 funds tracked here, between Ruane Cunniff & Goldfarb ($6.43 bn) and Abrams Capital ($5.48 bn).
That $5.63 bn is the 13F portfolio value, not ValueAct's assets under management (AUM). A Form 13F lists the long positions a manager held in US-listed securities on the last day of the quarter. Cash, bonds, positions listed outside the United States, private investments and anything held short are not on the form, and options are left out of the figures on this page. ValueAct's total AUM can therefore be larger than $5.63 bn, and for a manager that also runs short positions the 13F shows only one side of the book. What the number does give you is exact: it is ValueAct's own count of its long US equity holdings on 2026-06-30, as filed.
ValueAct top holdings in Q2 2026: how concentrated the portfolio is
The largest position ValueAct reported is Visa Inc (V), at 14.10% of the portfolio — $795 m. The top three — V, AMZN and RKT — add up to 38.2%, and the top five to 57.3%. All 10 positions listed here come to 86.7% of what the fund reported, or $4.89 bn. With 86.7% of the reported book in 10 names, this is a concentrated portfolio: the table above is close to the whole filing, and a single position moving changes the picture.
Compared with the filing for the quarter before: RKT, BLK, TOST, KKR and SPOT were added to; LLYVK was cut back; V, AMZN, META and CRM were left unchanged. A position sold in full during the quarter drops off the form altogether, so exits cannot be read from this list.
Funds whose top holdings overlap most with ValueAct
Of the 10 positions above, Sands Capital reports 3 of the same names (V, AMZN, SPOT); Wedgewood Partners reports 3 of the same names (V, AMZN, META); Akre Capital reports 2 of the same names (V, KKR); Altimeter Capital reports 2 of the same names (AMZN, META); Appaloosa reports 2 of the same names (AMZN, META). Overlap is counted against each fund's own largest reported positions, so a fund holding the same stock as a small position does not show up here.
ValueAct 13F: questions and answers
What is ValueAct's largest holding?
Visa Inc (V), at 14.10% of the reported portfolio ($795 m) as of 2026-06-30. Amazon Com Inc (AMZN) is second at 12.44%, followed by Rocket Cos Inc (RKT) at 11.65%.
What is ValueAct's AUM?
Its latest Form 13F reports $5.63 bn of long positions in US-listed securities for 2026-06-30. That is the 13F portfolio value rather than total AUM: cash, bonds, non-US listings, private holdings and short positions are not included, so the firm-wide figure ValueAct manages can differ from it.
What did ValueAct buy and sell in Q2 2026?
Among its 10 largest positions, the Q2 2026 filing shows additions to RKT, BLK, TOST, KKR and SPOT; reductions in LLYVK. The form compares share counts between two quarter ends, so it does not show the dates or prices of the trades, and positions sold out completely are absent rather than marked.
When does ValueAct file its next 13F?
The filing shown here covers the quarter ending 2026-06-30 and was filed on 2026-08-14, 45 days after quarter end. Form 13F is due within 45 days of each quarter end, so the next one — for the quarter ending 2026-09-30 — is due by 2026-11-14.
How many stocks does ValueAct hold?
This page lists its 10 largest reported positions, which cover 86.7% of the reported value. The full filing can contain more: positions below 0.5% of the portfolio, and anything past the top 10, are not listed here, so 10 is not the number of stocks ValueAct owns.
Source: SEC EDGAR, Form 13F-HR — public domain, reproduced as filed. The table above is not the fund's entire portfolio. The list is capped at 10, so the 10 shown add up to 86.7% of what the fund reported — the rest does not appear here. 13F carries up to a 45-day reporting delay, covers long positions in US-listed securities only, and excludes options and short positions. Values are as reported in the filing, not current market value. No price data is involved in the figures above. Names are EDGAR's own spelling.
See the 13F filings for ValueAct on SEC EDGAR
This page covers one fund in one quarter. Every fund, every quarter-over-quarter change and every insider purchase live in WhaleSignals.