---
name: Copy ValueAct Holdings
kind: hedgecopy-fund
cik: 0001418814
latest_13f_period: 2026-06-30
latest_13f_filed: 2026-08-14
author: HedgeCopy
---

# Copy ValueAct Holdings (13F follow-the-filing)

ValueAct Holdings files a 13F-HR with the SEC each quarter (CIK 0001418814). This skill describes a
long-only copy portfolio built from that filing, bought the trading day after it is filed.

## Track record (estimated from 13F holdings, net of 10 bps per unit of turnover)
- Annualised return copying the filings, last 3 years (headline): +16.4% vs SPY +22.9% (alpha -6.5%/yr)
- Annualised since the series started (2022-08-19 to 2026-10-09): +14.0% vs SPY +17.3%
- Follow-the-filing TTM: -9.4% vs SPY +16.2% (alpha -25.7%)
- Quarters of history: 17; average coverage 98%; flags: none

## Latest disclosed top holdings (2026-06-30)
| # | Ticker | Issuer | Weight |
|---|---|---|---|
| 1 | V | VISA INC | 14.1% |
| 2 | AMZN | AMAZON COM INC | 12.4% |
| 3 | RKT | ROCKET COS INC | 11.6% |
| 4 | BLK | BLACKROCK INC | 9.9% |
| 5 | META | META PLATFORMS INC | 9.2% |
| 6 | CRM | SALESFORCE INC | 8.3% |
| 7 | TOST | TOAST INC | 7.0% |
| 8 | KKR | KKR & CO INC | 5.8% |
| 9 | — | SPOTIFY TECHNOLOGY S A | 4.3% |
| 10 | LLYVK | LIBERTY LIVE HOLDINGS INC | 4.1% |
| 11 | SSD | SIMPSON MFG INC | 3.1% |
| 12 | RBLX | ROBLOX CORP | 3.0% |
| 13 | CBRE | CBRE GROUP INC | 2.4% |
| 14 | LLYVA | LIBERTY LIVE HOLDINGS INC | 1.4% |
| 15 | MDB | MONGODB INC | 1.0% |
| 16 | LYV | LIVE NATION ENTERTAINMENT IN | 1.0% |
| 17 | — | WIX COM LTD | 0.8% |
| 18 | PAYP | PAYPAY CORP | 0.5% |

## About the fund

ValueAct Capital is a San Francisco-based investment management firm and private hedge fund that invests in public equity markets. The firm is known for its constructive, behind-the-scenes activist approach, often working directly with management teams and boards to build long-term value.

- Strategy: Constructive activist investor
- Type: Activist
- Founders: Jeffrey Ubben
- Key people: Mason Morfit (CEO and CIO); Rob Hale (Co-CEO)
- Founded 2000 · HQ San Francisco, United States
- Reported AUM: $11.3bn (as of 2026-03-30)
- Website: https://valueact.com/

### Approach
ValueAct employs a long-term, concentrated, active value investing strategy, often holding positions for 3-5 years or longer. The firm seeks to identify fundamentally undervalued companies, including those out of favor or undergoing transition, and works productively with management and boards to implement strategies that maximize shareholder value. It is known for a constructive, behind-the-scenes activist approach.

### History
ValueAct Capital was founded in 2000 by Jeffrey Ubben to manage capital for its founders and a limited number of outside investors. The firm was led by Ubben until 2020, when Mason Morfit became CEO. Over its history, the firm has made over 120 core investments and served on numerous public company boards.

### Notable positions / campaigns
- Microsoft (2013): ValueAct purchased a stake and Morfit joined the board; the company thrived under CEO Satya Nadella.
- Salesforce (2023): ValueAct revealed a stake and Morfit was appointed to the board.
- The New York Times Company (2022): ValueAct disclosed a 7% stake to encourage the sale of bundled subscriptions.
- Rocket Companies (2025): ValueAct disclosed a 9.9% stake.
- Meta (2024): ValueAct took a $1 billion position.

_Profile generated 2026-10-09 from public sources; may be incomplete or out of date._

## Rules
- Hold the top 20 long US-equity positions from the latest 13F-HR, weighted as reported.
- Rebalance on the first trading day after each new 13F-HR is filed. Cash only, paper only.

## Parameters
```json
{
  "params": {
    "funds": [
      "0001418814"
    ],
    "top_n": 20,
    "weighting": "13f",
    "rebalance": "filing_plus_1",
    "budget_usd": 10000,
    "stop_loss_pct": null,
    "cash_only": true
  }
}
```

> Estimated from 13F holdings (long US equities only; no shorts, options, cash or fees). Past performance is not a guide to the future. Not investment advice. Paper trading only.