ValueAct Capital
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Mason Morfit's ValueAct Capital reported 18 stock positions worth $5.6 billion. Its top holding was Amazon.com (AMZN) at 15.2% of the portfolio, followed by Salesforce (CRM, 14.1%) and Walt Disney (DIS, 11.3%). Compared with Q1 2025, it opened 6 new positions, sold out of 2, added to 4 and reduced 6. The biggest buy was Amazon.com (AMZN, shares +588%) and the biggest sale Insight Enterprises (NSIT, shares −30%).
- Most Recent 13F
- Q2 2026
- Notable People
- Mason Morfit
- Location
- SAN FRANCISCO, CA
- CIK
- 0001418814
- Portfolio Value
- $5.6B (Q2 2025)
- SEC Filing
- 0001418812-25-000025 ↗ filed Aug 14, 2025
Holdings Value
Holdings 18 stocks · $5.6B
| AMZN Amazon.com Inc. | 15.17% | 3,872,500 | $849.6M | Add +587.7% |
| CRM Salesforce Inc. | 14.12% | 2,898,509 | $790.4M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 11.27% | 5,087,631 | $630.9M | Reduce -22.5% |
| RBLX Roblox Corp. Class A | 8.89% | 4,732,021 | $497.8M | Reduce -46.0% |
| META Meta Platforms Inc. Class A | 8.22% | 623,374 | $460.1M | Reduce -38.6% |
| V Visa Inc. Class A | 7.89% | 1,244,950 | $442.0M | Reduce -5.2% |
| NSIT Insight Enterprises Inc. | 7.06% | 2,861,739 | $395.2M | Reduce -29.5% |
| LLYVK Liberty Media Corp.-Liberty-C | 5.79% | 3,991,888 | $324.0M | Add +2.3% |
| SSD Simpson Manufacturing Co. Inc. | 3.90% | 1,406,105 | $218.4M | New |
| RKT Rocket Cos Inc. Class A | 3.83% | 15,125,609 | $214.5M | Add +124.8% |
| MDB Mongodb Inc. | 2.59% | 690,500 | $145.0M | New |
| LLYVA Liberty Media Corp.-Liberty-A | 2.52% | 1,773,148 | $140.9M | Add +6.9% |
| COOP Mr Cooper Group Inc. | 2.41% | 904,800 | $135.0M | New |
| LYV Live Nation Entertainment Inc. | 2.39% | 885,266 | $133.9M | No change |
| CBRE CBRE Group Inc. Class A | 1.47% | 589,391 | $82.6M | New |
| RDFN Redfin Corp. | 1.16% | 5,805,600 | $65.0M | New |
| EXPE Expedia Group Inc. | 0.84% | 278,356 | $47.0M | Reduce -75.1% |
| CCC CCC Intelligent Solutions Ho | 0.48% | 2,881,800 | $27.1M | New |
Portfolio Sells Q1 2025 → Q2 2025
| NSIT Insight Enterprises Inc. | Reduce -29.5% | 7.06% | −6.24 |
| META Meta Platforms Inc. Class A | Reduce -38.6% | 8.22% | −4.55 |
| EXPE Expedia Group Inc. | Reduce -75.1% | 0.84% | −3.26 |
| DIS The Walt Disney Co. | Reduce -22.5% | 11.27% | −2.88 |
| RBLX Roblox Corp. Class A | Reduce -46.0% | 8.89% | −2.26 |
| V Visa Inc. Class A | Reduce -5.2% | 7.89% | −2.15 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −1.88 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.76 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +587.7% | 15.17% | +12.83 |
| SSD Simpson Manufacturing Co. Inc. | New | 3.90% | +3.90 |
| MDB Mongodb Inc. | New | 2.59% | +2.59 |
| COOP Mr Cooper Group Inc. | New | 2.41% | +2.41 |
| RKT Rocket Cos Inc. Class A | Add +124.8% | 3.83% | +2.06 |
| CBRE CBRE Group Inc. Class A | New | 1.47% | +1.47 |
| RDFN Redfin Corp. | New | 1.16% | +1.16 |
| CCC CCC Intelligent Solutions Ho | New | 0.48% | +0.48 |
| LLYVA Liberty Media Corp.-Liberty-A | Add +6.9% | 2.52% | +0.08 |
| LLYVK Liberty Media Corp.-Liberty-C | Add +2.3% | 5.79% | −0.02 |
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 |