{
 "manager": "ValueAct",
 "page": "https://www.moatshark.com/m/valueact",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-08-14",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1418814/000141881426000003/0001418814-26-000003-index.htm",
 "total_value_usd": 5634931372,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "Visa",
   "ticker": "V",
   "moatshark_slug": "v",
   "sector": "Financials",
   "value_usd": 794682213,
   "shares": 2316250,
   "portfolio_pct": 14.1,
   "previous_pct": 12.26,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 8
  },
  {
   "company": "Amazon.com",
   "ticker": "AMZN",
   "moatshark_slug": "amzn",
   "sector": "Consumer discretionary",
   "value_usd": 701124778,
   "shares": 2941700,
   "portfolio_pct": 12.44,
   "previous_pct": 10.52,
   "change": "ADD",
   "share_change_pct": 2,
   "quarters_held": 7
  },
  {
   "company": "Rocket Companies",
   "ticker": "RKT",
   "moatshark_slug": "rkt",
   "sector": "Financials",
   "value_usd": 656283191,
   "shares": 41668774,
   "portfolio_pct": 11.65,
   "previous_pct": 7.04,
   "change": "ADD",
   "share_change_pct": 47.7,
   "quarters_held": 6
  },
  {
   "company": "Blackrock",
   "ticker": "BLK",
   "moatshark_slug": "blk",
   "sector": "Financials",
   "value_usd": 559339452,
   "shares": 581700,
   "portfolio_pct": 9.93,
   "previous_pct": 9.19,
   "change": "ADD",
   "share_change_pct": 6.5,
   "quarters_held": 3
  },
  {
   "company": "Meta Platforms",
   "ticker": "META",
   "moatshark_slug": "meta",
   "sector": "Communication and media",
   "value_usd": 515790007,
   "shares": 915674,
   "portfolio_pct": 9.15,
   "previous_pct": 9.17,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 8
  },
  {
   "company": "Salesforce",
   "ticker": "CRM",
   "moatshark_slug": "crm",
   "sector": "Technology",
   "value_usd": 469119780,
   "shares": 2994509,
   "portfolio_pct": 8.33,
   "previous_pct": 9.79,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 15
  },
  {
   "company": "Toast",
   "ticker": "TOST",
   "moatshark_slug": "tost",
   "sector": "Financials",
   "value_usd": 393208937,
   "shares": 14134038,
   "portfolio_pct": 6.98,
   "previous_pct": 5.98,
   "change": "ADD",
   "share_change_pct": 9.6,
   "quarters_held": 4
  },
  {
   "company": "KKR & Co.",
   "ticker": "KKR",
   "moatshark_slug": "kkr",
   "sector": "Financials",
   "value_usd": 326571596,
   "shares": 3558200,
   "portfolio_pct": 5.8,
   "previous_pct": 5.31,
   "change": "ADD",
   "share_change_pct": 8.5,
   "quarters_held": 2
  },
  {
   "company": "Liberty Media",
   "ticker": "FWONA",
   "moatshark_slug": "fwona",
   "sector": "Communication and media",
   "value_usd": 308992218,
   "shares": 2957507,
   "portfolio_pct": 5.48,
   "previous_pct": 8.72,
   "change": "REDUCE",
   "share_change_pct": -44.6,
   "quarters_held": 3
  },
  {
   "company": "Spotify Technology",
   "ticker": "SPOT",
   "moatshark_slug": "spot",
   "sector": "Communication and media",
   "value_usd": 241869684,
   "shares": 526800,
   "portfolio_pct": 4.29,
   "previous_pct": 3.04,
   "change": "ADD",
   "share_change_pct": 46.9,
   "quarters_held": 2
  },
  {
   "company": "Simpson Manufacturing",
   "ticker": "SSD",
   "moatshark_slug": "ssd",
   "sector": "Industrials",
   "value_usd": 173894903,
   "shares": 830642,
   "portfolio_pct": 3.09,
   "previous_pct": 4.2,
   "change": "REDUCE",
   "share_change_pct": -40.6,
   "quarters_held": 5
  },
  {
   "company": "Roblox",
   "ticker": "RBLX",
   "moatshark_slug": "rblx",
   "sector": "Communication and media",
   "value_usd": 171156754,
   "shares": 3147421,
   "portfolio_pct": 3.04,
   "previous_pct": 5.79,
   "change": "REDUCE",
   "share_change_pct": -46.2,
   "quarters_held": 12
  },
  {
   "company": "CBRE Group",
   "ticker": "CBRE",
   "moatshark_slug": "cbre",
   "sector": "Real estate",
   "value_usd": 133665144,
   "shares": 992391,
   "portfolio_pct": 2.37,
   "previous_pct": 0.56,
   "change": "ADD",
   "share_change_pct": 323,
   "quarters_held": 5
  },
  {
   "company": "Mongodb",
   "ticker": "MDB",
   "moatshark_slug": "mdb",
   "sector": "Technology",
   "value_usd": 55658630,
   "shares": 165700,
   "portfolio_pct": 0.99,
   "previous_pct": 4.45,
   "change": "REDUCE",
   "share_change_pct": -84,
   "quarters_held": 5
  },
  {
   "company": "Live Nation Entertainment",
   "ticker": "LYV",
   "moatshark_slug": "lyv",
   "sector": "Consumer discretionary",
   "value_usd": 55311305,
   "shares": 302066,
   "portfolio_pct": 0.98,
   "previous_pct": 1.67,
   "change": "REDUCE",
   "share_change_pct": -51.6,
   "quarters_held": 8
  },
  {
   "company": "Wix.com",
   "ticker": "WIX",
   "moatshark_slug": "wix",
   "sector": "Technology",
   "value_usd": 47384496,
   "shares": 1099370,
   "portfolio_pct": 0.84,
   "previous_pct": 1.65,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 2
  },
  {
   "company": "Paypay",
   "ticker": "PAYP",
   "moatshark_slug": "payp",
   "sector": "Financials",
   "value_usd": 30878284,
   "shares": 2154800,
   "portfolio_pct": 0.55,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Walt Disney",
   "ticker": "DIS",
   "moatshark_slug": "dis",
   "sector": "Consumer discretionary",
   "value_usd": 0,
   "shares": 0,
   "portfolio_pct": 0,
   "previous_pct": 0.68,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 10
  }
 ]
}