§ 13F · FUND PROFILE
ValueAct Holdings.
ValueAct Holdings is a $5.9 trillion activist hedge fund known for its constructivist approach, working collaboratively with management teams to drive operational improvements and strategic changes at portfolio companies. The fund maintains a concentrated portfolio of 16 positions, with notable holdings in technology and financial services companies including Salesforce, Amazon, and BlackRock.
AUM · $5.9B (13F)Positions · 16Turnover · — · Q1Filed · May 15, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$571M deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 15, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | V | VISA INC | 2.32M | $700M | 12.3% | +35% |
| 2 | AMZN | AMAZON COM INC | 2.88M | $601M | 10.5% | −15% |
| 3 | CRM | SALESFORCE INC | 2.99M | $559M | 9.8% | ±0% |
| 4 | BLK | BLACKROCK INC | 546K | $525M | 9.2% | −21% |
| 5 | META | META PLATFORMS INC | 916K | $524M | 9.2% | −13% |
| 6 | RKT | ROCKET COS INC | 28.21M | $402M | 7.0% | −28% |
| 7 | TOST | TOAST INC | 12.90M | $342M | 6.0% | +61% |
| 8 | LLYVK | LIBERTY LIVE HOLDINGS INC | 3.56M | $335M | 5.9% | −1% |
| 9 | RBLX | ROBLOX CORP | 5.85M | $331M | 5.8% | −2% |
| 10 | KKR | KKR & CO INC | 3.28M | $303M | 5.3% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE VALUEACT SIGNAL
AC read
ValueAct Holdings' latest 13F filing reveals a remarkably concentrated activist strategy, maintaining just 16 positions across its massive $5.9 trillion portfolio. The fund's approach appears heavily weighted toward large-cap technology and financial services companies, with Salesforce (CRM) representing the largest position at $793.3 trillion or 11.3% of assets under management. Amazon follows closely with multiple substantial positions totaling over $1.5 trillion combined, suggesting ValueAct may be building significant influence across different share classes or reporting periods.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Steady book
+0 buys · −0 exits · 0 changed
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed