ValueAct Capital
Superinvestor profile · Rank #89 by reported 13F value (2026 Q2 filers) · CIK 0001418814 · All profiles
Founded 2000San Francisco, California, U.S.Constructive activist investing, concentrated long-term public equityKey person: Mason Morfit
Reported 13F value
$5.6B
Period 2026-06-30 · Filed 2026-08-14
Positions
18
Top 10 = 86.7% of value
Clone CAGR (full window)
+11.4%
2016-11-15 → 2026-10-02 · cumulative +192%
SPY CAGR (same window)
+15.4%
Cumulative +313%
Max drawdown (monthly)
-42%
Month-end values, approximate
Latest-quarter activity
1 new · 1 exited
7 increased · 6 decreased
Hypothetical clone — not this fund's returns. The performance on this page replicates only the long U.S. equity positions disclosed on this manager's Form 13F filings, rebalanced on filing dates at disclosed weights with dividend-adjusted prices. It excludes shorts, bonds, cash, non-U.S. listings, private holdings, leverage and fees. Treat it as a measure of how the disclosed stock picks performed, never as the fund's track record. Evidence: filing-by-filing dossier (PDF) · Methodology (PDF)
Clone performance
| Window | Clone CAGR | Note |
|---|---|---|
| Full window (2016-11-15 → 2026-10-02, 40 filings) | +11.44% | Cumulative +191.6% vs SPY +312.9% |
| Trailing 10Y | — | |
| Trailing 5Y | +8.58% | |
| Trailing 3Y | +23.44% | |
| Trailing 1Y | -9.10% |
Top holdings — 2026 Q2 filing
| Ticker | Company | Weight | Reported value |
|---|---|---|---|
| V | Visa Inc | 14.10% | $795M |
| AMZN | Amazon Com Inc | 12.44% | $701M |
| RKT | Rocket Cos Inc | 11.65% | $656M |
| BLK | Blackrock Inc | 9.93% | $559M |
| META | Meta Platforms Inc | 9.15% | $516M |
| CRM | Salesforce Inc | 8.33% | $469M |
| TOST | Toast Inc | 6.98% | $393M |
| KKR | Kkr & Co Inc | 5.80% | $327M |
| SPOT | Spotify Technology S A | 4.29% | $242M |
| LLYVK | Liberty Live Holdings Inc | 4.07% | $229M |
As reported on the 2026-06-30 Form 13F (filed 2026-08-14). Full holdings and quarter changes: holdings page.
Filing history in this profile
Every clone input traces to one of these SEC filings. 94.9% of the latest filing's reported value is covered by our price history; the remainder is mostly non-U.S. listings, recent IPOs or delisted names and is excluded from the clone.
Background (founded / HQ / style) source: https://en.wikipedia.org/wiki/ValueAct_Capital — Founded in June 2000 by Jeffrey Ubben in San Francisco. Mason Morfit became CEO in 2020, with Rob Hale elevated to Co-CEO in 2024; the firm is known for behind-the-scenes engagement rather than public campaigns.