13F filing recap · Q2 2026

What did ValueAct Capital buy in Q2 2026?

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

Stock value

$5.63B

Positions

Estimated turnover

25.3%

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 a new position in Paypay Corporation and exited Walt Disney entirely. It added to Amazon, Blackrock, Toast, and Kkr, while substantially increasing Rocket Companies and Spotify Technology. The firm substantially trimmed Liberty Live Holdings, Simpson Manufacturing, Roblox, Mongodb, and Live Nation Entertainment, and dramatically increased Cbre Group.

New positions

PAYPPaypay Corporation$30.88Mreported value+2.15M shares

Increased positions

AMZNAmazon.com Inc$701.12Mreported value+57.1K shares+2.0%RKTRocket Companies, Inc.$656.28Mreported value+13.45M shares+47.7%BLKBlackrock, Inc.$559.34Mreported value+35.6K shares+6.5%TOSTToast, Inc.$393.21Mreported value+1.24M shares

Reduced positions

LLYVKLiberty Live Holdings, Inc.$229.49Mreported value-1.39M shares-39.0%SSDSimpson Manufacturing Co., Inc.$173.89Mreported value-567.4K shares-40.6%RBLXRoblox Corporation$171.16Mreported value-2.70M shares-46.2%LLYVALiberty Live Holdings, Inc.$79.50Mreported value-992.0K shares

Exited positions

DISWalt Disney Co/$38.57Mprior reported value-400.2K shares-100.0%