Jeffrey Ubben – ValueAct Holdings Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the ValueAct Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys – BlackRock
Increases – Salesforce, Inc., Live Nation Entertainment, Inc., Meta Platforms, Inc., Roblox Corporation, Rocket Companies, Inc., and 3 more
Complete Exits – Mr. Cooper Group Inc., Liberty Media Corporation - Ser, Liberty Media Corporation - Ser
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | AMZN Amazon.com, Inc. | Amazon.com, Inc. | Sell | -106,200 | -3.0% | $783.47M | 3,394,300 |
Q4 2025 | BLK BlackRock | BlackRock | Buy - Position Entry | +695,000 | - | $743.89M | 695,000 |
Q4 2025 | COOP Mr. Cooper Group Inc. | Mr. Cooper Group Inc. | Sell - Position Exit | -904,800 | -100.0% | $0.00 | - |
Q4 2025 | CRM Salesforce, Inc. | Salesforce, Inc. | Buy | +96,000 | +3.3% | $793.28M | 2,994,509 |
Q4 2025 | DIS Walt Disney Company (The) | Walt Disney Company (The) | Sell | -1,314,000 | -29.9% | $350.18M | 3,077,931 |
Q4 2025 | LLYVA Liberty Media Corporation - Ser | Liberty Media Corporation - Ser | Sell - Position Exit | -1,719,548 | -100.0% | $0.00 | - |
Q4 2025 | LLYVK Liberty Media Corporation - Ser | Liberty Media Corporation - Ser | Sell - Position Exit | -3,515,888 | -100.0% | $0.00 | - |
Q4 2025 | LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Buy | +182,200 | +28.4% | $117.29M | 823,066 |
Q4 2025 | MDB MongoDB, Inc. | MongoDB, Inc. | Sell | -711,400 | -33.6% | $590.42M | 1,406,800 |
Q4 2025 | META Meta Platforms, Inc. | Meta Platforms, Inc. | Buy | +279,300 | +36.3% | $691.76M | 1,047,974 |
Q4 2025 | NSIT Insight Enterprises, Inc. | Insight Enterprises, Inc. | Sell | -1,055,147 | -46.4% | $99.12M | 1,216,592 |
Q4 2025 | RBLX Roblox Corporation | Roblox Corporation | Buy | +1,692,600 | +39.5% | $484.22M | 5,975,821 |
Q4 2025 | RKT Rocket Companies, Inc. | Rocket Companies, Inc. | Buy | +13,985,025 | +55.1% | $762.41M | 39,380,652 |
Q4 2025 | SSD Simpson Manufacturing Company, | Simpson Manufacturing Company, | Buy | +264,200 | +21.9% | $237.71M | 1,472,142 |
Q4 2025 | TOST Toast, Inc. | Toast, Inc. | Buy | +4,618,077 | +135.9% | $284.62M | 8,015,277 |
Q4 2025 | V Visa Inc. | Visa Inc. | Buy | +152,400 | +9.7% | $602.61M | 1,718,250 |
Q3 2025 | AMZN Amazon.com, Inc. | Amazon.com, Inc. | Sell | -372,000 | -9.6% | $768.60M | 3,500,500 |
Q3 2025 | CBRE CBRE Group Inc | CBRE Group Inc | Sell | -354,800 | -60.2% | $36.96M | 234,591 |
Q3 2025 | CCCS CCC Intelligent Solutions Holdi | CCC Intelligent Solutions Holdi | Sell - Position Exit | -2,881,800 | -100.0% | $0.00 | - |
Q3 2025 | DIS Walt Disney Company (The) | Walt Disney Company (The) | Sell | -695,700 | -13.7% | $502.88M | 4,391,931 |
Q3 2025 | EXPE Expedia Group, Inc. | Expedia Group, Inc. | Sell - Position Exit | -278,356 | -100.0% | $0.00 | - |
Q3 2025 | LLYVA Liberty Media Corporation - Ser | Liberty Media Corporation - Ser | Sell | -53,600 | -3.0% | $162.15M | 1,719,548 |
Q3 2025 | LLYVK Liberty Media Corporation - Ser | Liberty Media Corporation - Ser | Sell | -476,000 | -11.9% | $340.94M | 3,515,888 |
Q3 2025 | LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Sell | -244,400 | -27.6% | $104.72M | 640,866 |
Q3 2025 | MDB MongoDB, Inc. | MongoDB, Inc. | Buy | +1,427,700 | +206.8% | $367.19M | 2,118,200 |
Q3 2025 | META Meta Platforms, Inc. | Meta Platforms, Inc. | Buy | +145,300 | +23.3% | $564.50M | 768,674 |
Q3 2025 | NSIT Insight Enterprises, Inc. | Insight Enterprises, Inc. | Sell | -590,000 | -20.6% | $257.64M | 2,271,739 |
Q3 2025 | RBLX Roblox Corporation | Roblox Corporation | Sell | -448,800 | -9.5% | $593.31M | 4,283,221 |
Q3 2025 | RDFN Redfin Corporation | Redfin Corporation | Sell - Position Exit | -5,805,600 | -100.0% | $0.00 | - |
Q3 2025 | RKT Rocket Companies, Inc. | Rocket Companies, Inc. | Buy | +10,270,018 | +67.9% | $492.17M | 25,395,627 |