ValueAct Capital
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Mason Morfit's ValueAct Capital reported 18 stock positions worth $5.7 billion. Its top holding was Visa Class A (V) at 12.3% of the portfolio, followed by Amazon.com (AMZN, 10.5%) and Salesforce (CRM, 9.8%). Compared with Q4 2025, it opened 3 new positions, sold out of 1, added to 2 and reduced 11. The biggest buy was a new position in KKR (KKR) and the biggest sale Walt Disney (DIS, shares −87%).
- Most Recent 13F
- Q2 2026
- Notable People
- Mason Morfit
- Location
- SAN FRANCISCO, CA
- CIK
- 0001418814
- Portfolio Value
- $5.7B (Q1 2026)
- SEC Filing
- 0001418814-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 18 stocks · $5.7B
| V Visa Inc. Class A | 12.26% | 2,316,250 | $700.1M | Add +34.8% |
| AMZN Amazon.com Inc. | 10.52% | 2,884,600 | $600.8M | Reduce -15.0% |
| CRM Salesforce Inc. | 9.79% | 2,994,509 | $559.0M | No change |
| BLK BlackRock Inc. | 9.19% | 546,100 | $525.2M | Reduce -21.4% |
| META Meta Platforms Inc. Class A | 9.17% | 915,674 | $523.9M | Reduce -12.6% |
| RKT Rocket Cos Inc. Class A | 7.04% | 28,214,724 | $402.1M | Reduce -28.4% |
| TOST Toast Inc. Class A | 5.98% | 12,895,438 | $341.9M | Add +60.9% |
| LLYVK Liberty Live Holdings Class C | 5.87% | 3,561,208 | $335.1M | Reduce -1.2% |
| RBLX Roblox Corp. Class A | 5.79% | 5,848,621 | $330.8M | Reduce -2.1% |
| KKR KKR & Co. Inc. | 5.31% | 3,279,700 | $303.4M | New |
| MDB Mongodb Inc. | 4.45% | 1,037,800 | $254.0M | Reduce -26.2% |
| SSD Simpson Manufacturing Co. Inc. | 4.20% | 1,398,042 | $239.9M | Reduce -5.0% |
| SPOT Spotify Technology SA | 3.04% | 358,500 | $173.8M | New |
| LLYVA Liberty Live Holdings Class A | 2.85% | 1,777,075 | $162.9M | Reduce -1.2% |
| LYV Live Nation Entertainment Inc. | 1.67% | 624,666 | $95.3M | Reduce -24.1% |
| WIX Wix.com Ltd. | 1.65% | 1,099,370 | $94.1M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.68% | 400,231 | $38.6M | Reduce -87.0% |
| CBRE CBRE Group Inc. Class A | 0.56% | 234,591 | $31.8M | No change |
Portfolio Sells Q4 2025 → Q1 2026
| DIS The Walt Disney Co. | Reduce -87.0% | 0.68% | −4.31 |
| MDB Mongodb Inc. | Reduce -26.2% | 4.45% | −3.96 |
| RKT Rocket Cos Inc. Class A | Reduce -28.4% | 7.04% | −3.81 |
| NSIT Insight Enterprises Inc. | Sold out | 0.00% | −1.41 |
| BLK BlackRock Inc. | Reduce -21.4% | 9.19% | −1.40 |
| RBLX Roblox Corp. Class A | Reduce -2.1% | 5.79% | −1.10 |
| META Meta Platforms Inc. Class A | Reduce -12.6% | 9.17% | −0.68 |
| AMZN Amazon.com Inc. | Reduce -15.0% | 10.52% | −0.64 |
| LYV Live Nation Entertainment Inc. | Reduce -24.1% | 1.67% | −0.00 |
| LLYVA Liberty Live Holdings Class A | Reduce -1.2% | 2.85% | +0.76 |
| SSD Simpson Manufacturing Co. Inc. | Reduce -5.0% | 4.20% | +0.82 |
| LLYVK Liberty Live Holdings Class C | Reduce -1.2% | 5.87% | +1.60 |
Portfolio Buys Q4 2025 → Q1 2026
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 |