Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 14, 2025, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. 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 Q2 2025, the filing reported:

New Buys - CBRE Group Inc, CCC Intelligent Solutions Holdi, Mr. Cooper Group Inc., MongoDB, Inc., Redfin Corporation, and 1 more

Increases - Amazon.com, Inc., Liberty Media Corporation - Ser, Liberty Media Corporation - Ser, Rocket Companies, Inc.

Reductions - Walt Disney Company (The), Expedia Group, Inc., Meta Platforms, Inc., Insight Enterprises, Inc., Roblox Corporation, and 1 more

Complete Exits - Nu Holdings, Toast, Inc.

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
Q2 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+3,309,400	+587.7%	$849.59M	3,872,500
Q2 2025	CBRE CBRE Group Inc	CBRE Group Inc	Buy - Position Entry	+589,391	-	$82.59M	589,391
Q2 2025	CCCS CCC Intelligent Solutions Holdi	CCC Intelligent Solutions Holdi	Buy - Position Entry	+2,881,800	-	$27.12M	2,881,800
Q2 2025	COOP Mr. Cooper Group Inc.	Mr. Cooper Group Inc.	Buy - Position Entry	+904,800	-	$135.01M	904,800
Q2 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-1,478,400	-22.5%	$630.92M	5,087,631
Q2 2025	EXPE Expedia Group, Inc.	Expedia Group, Inc.	Sell	-838,800	-75.1%	$46.95M	278,356
Q2 2025	G6683N103 Nu Holdings	Nu Holdings	Sell - Position Exit	-3,416,200	-100.0%	$0.00	-
Q2 2025	LLYVA Liberty Media Corporation - Ser	Liberty Media Corporation - Ser	Buy	+114,500	+6.9%	$140.93M	1,773,148
Q2 2025	LLYVK Liberty Media Corporation - Ser	Liberty Media Corporation - Ser	Buy	+88,000	+2.3%	$323.98M	3,991,888
Q2 2025	MDB MongoDB, Inc.	MongoDB, Inc.	Buy - Position Entry	+690,500	-	$145.00M	690,500
Q2 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-391,500	-38.6%	$460.11M	623,374
Q2 2025	NSIT Insight Enterprises, Inc.	Insight Enterprises, Inc.	Sell	-1,200,000	-29.5%	$395.16M	2,861,739
Q2 2025	RBLX Roblox Corporation	Roblox Corporation	Sell	-4,032,900	-46.0%	$497.81M	4,732,021
Q2 2025	RDFN Redfin Corporation	Redfin Corporation	Buy - Position Entry	+5,805,600	-	$64.96M	5,805,600
Q2 2025	RKT Rocket Companies, Inc.	Rocket Companies, Inc.	Buy	+8,397,100	+124.8%	$214.48M	15,125,609
Q2 2025	SSD Simpson Manufacturing Company,	Simpson Manufacturing Company,	Buy - Position Entry	+1,406,105	-	$218.38M	1,406,105
Q2 2025	TOST Toast, Inc.	Toast, Inc.	Sell - Position Exit	-2,597,200	-100.0%	$0.00	-
Q2 2025	V Visa Inc.	Visa Inc.	Sell	-68,000	-5.2%	$442.02M	1,244,950