13F portfolio / Constructive activist
ValueAct Capital
ValueAct Capital
ValueAct Capital is a San Francisco-based investment firm that takes large, long-term stakes in public companies and often seeks board representation to work with management.
- Reported 13F value
- $5.6B
- Positions
- 18
- Est. 1-yearEstimate
- -10.9%SPY +15.7%
- Est. 3-year, annualizedEstimate
- +16.5%SPY +22.8%
As of Jun 30, 2026 · filed Aug 14, 2026
Holdings
1 new · 7 added · 6 trimmed · 4 unchanged · 1 sold out
| 1 | V on Yahoo Finance (opens in a new tab) | Visa IncCOM CL A | 14.1% | $795M | 2,316,250 | Unchanged | $321.67 | $400.91 | +24.6% |
| 2 | AMZN on Yahoo Finance (opens in a new tab) | Amazon Com IncCOM | 12.4% | $701M | 2,941,700 | Added +2.0% | $199.96 | $249.20 | +24.6% |
| 3 | RKT on Yahoo Finance (opens in a new tab) | Rocket Cos IncCOM CL A | 11.6% | $656M | 41,668,774 | Added +47.7% | $15.33 | $10.73 | -30.0% |
| 4 | BLK on Yahoo Finance (opens in a new tab) | BlackRock IncCOM | 9.9% | $559M | 581,700 | Added +6.5% | $1068.92 | $1125.74 | +5.3% |
| 5 | META on Yahoo Finance (opens in a new tab) | Meta Platforms IncCL A | 9.2% | $516M | 915,674 | Unchanged | $645.61 | $706.95 | +9.5% |
| 6 | CRM on Yahoo Finance (opens in a new tab) | Salesforce IncCOM | 8.3% | $469M | 2,994,509 | Unchanged | $234.44* | $240.00 | +2.4% |
| 7 | TOST on Yahoo Finance (opens in a new tab) | Toast IncCL A | 7.0% | $393M | 14,134,038 | Added +9.6% | $34.80 | $31.39 | -9.8% |
| 8 | KKR on Yahoo Finance (opens in a new tab) | KKR & Co IncCOM | 5.8% | $327M | 3,558,200 | Added +8.5% | $104.26 | $86.42 | -17.1% |
| 9 | SPOT on Yahoo Finance (opens in a new tab) | Spotify Technology S ASHS | 4.3% | $242M | 526,800 | Added +46.9% | $493.82 | $523.14 | +5.9% |
| 10 | LLYVK on Yahoo Finance (opens in a new tab) | Liberty Live Holdings IncCOM SHS SER C | 4.1% | $229M | 2,172,388 | Trimmed -39.0% | $85.87 | $97.36 | +13.4% |
| 11 | SSD on Yahoo Finance (opens in a new tab) | Simpson Mfg IncCOM | 3.1% | $174M | 830,642 | Trimmed -40.6% | $155.92 | $175.18 | +12.3% |
| 12 | RBLX on Yahoo Finance (opens in a new tab) | Roblox CorpCL A | 3.0% | $171M | 3,147,421 | Trimmed -46.2% | $59.06* | $49.38 | -16.4% |
| 13 | CBRE on Yahoo Finance (opens in a new tab) | CBRE Group IncCL A | 2.4% | $134M | 992,391 | Added +323.0% | $135.10 | $132.27 | -2.1% |
| 14 | LLYVA on Yahoo Finance (opens in a new tab) | Liberty Live Holdings IncCOM SER A | 1.4% | $80M | 785,119 | Trimmed -55.8% | $83.24 | $94.27 | +13.3% |
| 15 | MDB on Yahoo Finance (opens in a new tab) | Mongodb IncCL A | 1.0% | $56M | 165,700 | Trimmed -84.0% | $233.53 | $329.86 | +41.3% |
| 16 | LYV on Yahoo Finance (opens in a new tab) | Live Nation Entertainment InCOM | 1.0% | $55M | 302,066 | Trimmed -51.6% | $107.11 | $169.09 | +57.9% |
| 17 | WIX on Yahoo Finance (opens in a new tab) | Wix Com LtdSHS | 0.8% | $47M | 1,099,370 | Unchanged | $83.61 | $74.39 | -11.0% |
| 18 | PAYP on Yahoo Finance (opens in a new tab) | Paypay CorpSPONSORED ADS | 0.5% | $31M | 2,154,800 | New | $18.40 | $15.55 | -15.5% |
Sold out since Q1 2026
- DIS on Yahoo Finance (opens in a new tab)Disney Walt Co$39M at Q1 2026
Estimated, from reported holdings
Quarter by quarter
High-conviction buys (new positions at 3% or more of the portfolio) since Q3 2023: 8. Of 6 with six months of history, 33.3% beat the S&P 500 from the filing date.
Source: SEC Form 13F-HR 0001418814-26-000003, compared with the Q1 2026 report. 0 option rows are excluded from weights. Tickers map from CUSIP via OpenFIGI. Estimated returns weight each position’s next-quarter total return (Yahoo Finance adjusted closes) by its quarter-end value and assume no trades. Estimated cost averages daily adjusted closes in each quarter the share count rose, from Q3 2023 onward (* = held at the start of our data). Price is the latest close.
Important information
Form 13F data is delayed. Managers have up to 45 days after each calendar quarter to file, so holdings shown may have changed materially since the report date. 13F reports cover long positions in US-listed equities and certain other securities only; they exclude short positions, most non-US holdings, cash, bonds and private investments, and managers may request confidential treatment for some positions. Options rows are listed in filings but are not counted in the holdings and weights shown here.
Estimated holdings returns, estimated cost and high-conviction results are hypothetical calculations from quarter-end holdings and public prices, assuming no trades between reports. They are not the actual returns or costs of any fund or manager and do not reflect fees, trading, leverage, shorts or cash. Biographies are drawn from cited public sources. This page is for information only and is not individualized investment advice or a recommendation to buy or sell any security. Gulfstream Capital and its clients may hold positions in securities shown.