13F filing recap · Q2 2025

What did ValueAct Capital buy in Q2 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$5.60B

Positions

Estimated turnover

56.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

ValueAct Capital opened new positions in Simpson Manufacturing, MongoDB, Mr Cooper Group, CBRE Group, Redfin, and CCC Intelligent Solutions, while exiting Toast and Nu Holdings. The firm sharply increased its Amazon stake and dramatically added to Rocket Companies. It substantially trimmed Roblox, Meta Platforms, and Expedia Group, and moderately reduced Walt Disney and Insight Enterprises.

New positions

SSDSimpson Manufacturing Co., Inc.$218.38Mreported value+1.41M shares MDBMongodb, Inc.$145.00Mreported value+690.5K shares COOPMr Cooper Group Inc$135.01Mreported value+904.8K shares CBRECbre Group, Inc.$82.59Mreported value+589.4K shares RDFNRedfin Corporation$64.96Mreported value+5.81M shares CCCCcc Intelligent Solutions Holdings Inc.$27.12Mreported value+2.88M shares

Increased positions

AMZNAmazon.com Inc$849.59Mreported value+3.31M shares+587.7%LLYVKLiberty Media Corporation$323.98Mreported value+88.0K shares+2.3%RKTRocket Companies, Inc.$214.48Mreported value+8.40M shares+124.8%LLYVALiberty Media Corporation$140.93Mreported value+114.5K shares

Reduced positions

DISWalt Disney Co/$630.92Mreported value-1.48M shares-22.5%RBLXRoblox Corporation$497.81Mreported value-4.03M shares-46.0%METAMeta Platforms, Inc.$460.11Mreported value-391.5K shares-38.6%VVisa Inc.$442.02Mreported value-68.0K shares

Exited positions

TOSTToast, Inc.$86.15Mprior reported value-2.60M shares-100.0%NUNu Holdings Ltd.$34.98Mprior reported value-3.42M shares-100.0%