ValueAct Capital
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 15, 2024), Mason Morfit's ValueAct Capital reported 11 stock positions worth $4.4 billion. Its top holding was Salesforce (CRM) at 24.5% of the portfolio, followed by Insight Enterprises (NSIT, 20.0%) and Walt Disney (DIS, 16.4%). Compared with Q2 2024, it opened 6 new positions, sold out of 5, added to 2 and reduced 1. The biggest buy was a new position in Toast Class A (TOST) and the biggest sale an exit from Spotify Technology (SPOT).
- Most Recent 13F
- Q2 2026
- Notable People
- Mason Morfit
- Location
- SAN FRANCISCO, CA
- CIK
- 0001418814
- Portfolio Value
- $4.4B (Q3 2024)
- SEC Filing
- 0001418812-24-000022 ↗ filed Nov 15, 2024
Holdings Value
Holdings 11 stocks · $4.4B
| CRM Salesforce Inc. | 24.49% | 3,914,309 | $1.1B | No change |
| NSIT Insight Enterprises Inc. | 20.00% | 4,061,739 | $874.9M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 16.42% | 7,464,831 | $718.0M | Add +21.7% |
| RBLX Roblox Corp. Class A | 10.26% | 10,135,921 | $448.6M | Add +340.7% |
| TOST Toast Inc. Class A | 10.02% | 15,482,200 | $438.3M | New |
| EXPE Expedia Group Inc. | 8.82% | 2,607,606 | $386.0M | Reduce -23.6% |
| META Meta Platforms Inc. Class A | 2.77% | 211,500 | $121.1M | New |
| LYV Live Nation Entertainment Inc. | 2.54% | 1,014,650 | $111.1M | New |
| V Visa Inc. Class A | 2.35% | 373,600 | $102.7M | New |
| LLYVK Liberty Media Corp.-Liberty-C | 1.57% | 1,337,500 | $68.7M | New |
| LLYVA Liberty Media Corp.-Liberty-A | 0.76% | 671,800 | $33.3M | New |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| TOST Toast Inc. Class A | New | 10.02% | +10.02 |
| RBLX Roblox Corp. Class A | Add +340.7% | 10.26% | +7.85 |
| META Meta Platforms Inc. Class A | New | 2.77% | +2.77 |
| LYV Live Nation Entertainment Inc. | New | 2.54% | +2.54 |
| V Visa Inc. Class A | New | 2.35% | +2.35 |
| LLYVK Liberty Media Corp.-Liberty-C | New | 1.57% | +1.57 |
| LLYVA Liberty Media Corp.-Liberty-A | New | 0.76% | +0.76 |
| DIS The Walt Disney Co. | Add +21.7% | 16.42% | −0.71 |
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 |