ValueAct Capital
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Mason Morfit's ValueAct Capital reported 10 stock positions worth $3.6 billion. Its top holding was Salesforce (CRM) at 28.3% of the portfolio, followed by Insight Enterprises (NSIT, 22.7%) and Walt Disney (DIS, 17.1%). Compared with Q1 2024, it sold out of 2, added to 2 and reduced 6. The biggest buy was Salesforce (CRM, shares +12%) and the biggest sale Fiserv (FISV, shares −70%).
- Most Recent 13F
- Q2 2026
- Notable People
- Mason Morfit
- Location
- SAN FRANCISCO, CA
- CIK
- 0001418814
- Portfolio Value
- $3.6B (Q2 2024)
- SEC Filing
- 0001418812-24-000017 ↗ filed Aug 14, 2024
Holdings Value
Holdings 10 stocks · $3.6B
| CRM Salesforce Inc. | 28.30% | 3,914,309 | $1.0B | Add +12.3% |
| NSIT Insight Enterprises Inc. | 22.66% | 4,061,739 | $805.7M | Reduce -10.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 17.12% | 6,133,631 | $609.0M | Add +13.2% |
| EXPE Expedia Group Inc. | 12.10% | 3,414,568 | $430.2M | No change |
| SPOT Spotify Technology SA | 5.97% | 676,553 | $212.3M | Reduce -17.6% |
| FISV Fiserv Inc. | 4.63% | 1,103,759 | $164.5M | Reduce -69.8% |
| KKR KKR & Co. Inc. | 3.57% | 1,207,208 | $127.0M | Reduce -36.6% |
| RBLX Roblox Corp. Class A | 2.41% | 2,300,000 | $85.6M | No change |
| NYT New York Times Co. Class A | 1.94% | 1,344,392 | $68.8M | Reduce -35.8% |
| FLUT Flutter Entertainment PLC-Di | 1.31% | 323,235 | $46.8M | Reduce -34.7% |
Portfolio Sells Q1 2024 → Q2 2024
| FISV Fiserv Inc. | Reduce -69.8% | 4.63% | −8.23 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −5.29 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.74 |
| KKR KKR & Co. Inc. | Reduce -36.6% | 3.57% | −0.64 |
| FLUT Flutter Entertainment PLC-Di | Reduce -34.7% | 1.31% | −0.41 |
| NYT New York Times Co. Class A | Reduce -35.8% | 1.94% | −0.06 |
| SPOT Spotify Technology SA | Reduce -17.6% | 5.97% | +1.20 |
| NSIT Insight Enterprises Inc. | Reduce -10.0% | 22.66% | +4.23 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $5.6B | V, AMZN, RKT, BLK, META |
| Q1 2026 | 18 | $5.7B | V, AMZN, CRM, BLK, META |
| Q4 2025 | 16 | $7.0B | CRM, AMZN, RKT, BLK, META |
| Q3 2025 | 16 | $5.9B | AMZN, CRM, RBLX, META, V |
| Q2 2025 | 18 | $5.6B | AMZN, CRM, DIS, RBLX, META |
| Q1 2025 | 14 | $4.6B | CRM, DIS, NSIT, META, RBLX |
| Q4 2024 | 12 | $4.4B | CRM, DIS, NSIT, RBLX, EXPE |
| Q3 2024Amended | 11 | $4.4B | CRM, NSIT, DIS, RBLX, TOST |
| Q2 2024 | 10 | $3.6B | CRM, NSIT, DIS, EXPE, SPOT |
| Q1 2024 | 12 | $4.5B | CRM, NSIT, DIS, FISV, EXPE |