In Q2 2026, ValueAct held 17 US-listed stocks worth $5.6bn. Its biggest move was adding to Rocket Companies (48% more shares, now 12%), followed by cutting Mongodb (84% fewer shares, now 1.0%). It started 1 new position and sold out of 1. Its largest holding is Visa at 14%.
Q2 2026, filed 14 Aug 2026 (filing): 1 new, 7 added to, 5 trimmed, 1 sold out. Select a row to see it over time.How this works
Changes compare share counts with Q1 2026, adjusted for stock splits. Share classes of the same company are combined. Values are at quarter-end prices.
13F holdings with change from the previous quarter
Each bar is one 13F. Select a bar or press play to see that quarter’s 12 largest positions.How this works
Bars are split by share of the US portfolio: the six biggest holdings over the period in colour, everything else in grey. The last eight quarters are shown in full, earlier years at year end.
2013
2015
2017
2019
2021
2023
Q4 ’24
Q2 ’25
Q4 ’25
Q2 ’26
CRMKKRCBREMSFTNSITDISEverything else
2013: Salesforce 0.0%, KKR & Co. 0.0%, CBRE Group 7.0%, Microsoft 20.7%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2014: Salesforce 0.0%, KKR & Co. 0.0%, CBRE Group 6.7%, Microsoft 21.6%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2015: Salesforce 0.0%, KKR & Co. 0.0%, CBRE Group 7.5%, Microsoft 21.8%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2016: Salesforce 0.0%, KKR & Co. 0.0%, CBRE Group 10.8%, Microsoft 19.7%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2017: Salesforce 0.0%, KKR & Co. 0.0%, CBRE Group 10.9%, Microsoft 7.8%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2018: Salesforce 0.0%, KKR & Co. 12.4%, CBRE Group 9.9%, Microsoft 0.0%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2019: Salesforce 0.0%, KKR & Co. 13.5%, CBRE Group 6.3%, Microsoft 0.0%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2020: Salesforce 0.0%, KKR & Co. 17.9%, CBRE Group 7.4%, Microsoft 0.0%, Insight Enterprises 0.0%, Walt Disney 0.0%; 2021: Salesforce 0.0%, KKR & Co. 18.5%, CBRE Group 11.3%, Microsoft 0.0%, Insight Enterprises 4.0%, Walt Disney 0.0%; 2022: Salesforce 1.4%, KKR & Co. 20.7%, CBRE Group 13.4%, Microsoft 0.0%, Insight Enterprises 8.3%, Walt Disney 0.0%; 2023: Salesforce 18.4%, KKR & Co. 9.9%, CBRE Group 8.6%, Microsoft 0.0%, Insight Enterprises 16.0%, Walt Disney 9.2%; Q3 ’24: Salesforce 24.5%, KKR & Co. 0.0%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 20.0%, Walt Disney 16.4%; Q4 ’24: Salesforce 22.1%, KKR & Co. 0.0%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 14.1%, Walt Disney 16.7%; Q1 ’25: Salesforce 17.0%, KKR & Co. 0.0%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 13.3%, Walt Disney 14.2%; Q2 ’25: Salesforce 14.1%, KKR & Co. 0.0%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 7.1%, Walt Disney 11.3%; Q3 ’25: Salesforce 11.6%, KKR & Co. 0.0%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 4.3%, Walt Disney 8.5%; Q4 ’25: Salesforce 11.3%, KKR & Co. 0.0%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 0.0%, Walt Disney 5.0%; Q1 ’26: Salesforce 9.8%, KKR & Co. 5.3%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 0.0%, Walt Disney 0.0%; Q2 ’26: Salesforce 8.3%, KKR & Co. 5.8%, CBRE Group 0.0%, Microsoft 0.0%, Insight Enterprises 0.0%, Walt Disney 0.0%
Q1 Q2 Q3 Q4 · each quarter is that quarter’s profits times the stake reported at its end. *2026 so far: 2 quarters. Click a quarter to see its holdings.
Net income is as reported (GAAP), so it includes one-off items and, for some companies, gains or losses on investments they hold. Companies that report under IFRS (most non-US companies) or whose shares we can’t match reliably are left out; “portfolio covered” shows how much is included. Look-through earnings explained. Growth compares earnings per share over the last 12 months with the 12 months a year earlier, for holdings profitable in both.
US holdings by sector
Financials49.0%
Communication and media22.0%
Consumer discretionary13.4%
Technology10.2%
Industrials3.1%
Real estate2.4%
Sectors are grouped from each company’s SEC industry code, as a share of the Q2 2026 13F.