ValueAct Holdings' Jeffrey Ubben Q1 2026 Portfolio Changes
ValueAct Holdings' Jeffrey Ubben saw his portfolio value increase to $5.21 billion as of March 31, 2026, with notable share increases in VISA and Amazon, alongside significant reductions in positions like BlackRock and Rocket Companies.
ValueAct Holdings, the investment firm led by Jeffrey Ubben, reported a portfolio value of $5.21 billion as of March 31, 2026. This quarter's filing details specific changes across his top holdings, showcasing a mix of increased confidence in certain sectors and reduced exposure in others.
Among the most significant actions this quarter was the substantial increase in holdings of VISA (V). The number of shares held rose by 34.8%, representing a notable purchase in the Financial Services sector. Similarly, Amazon (AMZN) saw an increase, though slightly less pronounced at -15.02% in share count, still indicating a net reduction in this Consumer Cyclical stock.
Conversely, ValueAct Holdings significantly reduced its stake in BlackRock (BLK), a Financial Services company. The position experienced a 21.42% decrease in shares, reflecting a clear divestment. A similar trend was observed with Rocket Companies (RKT), another Financial Services stock, where shares decreased by 28.35%.
Jeffrey Ubben's firm also adjusted its position in Meta Platforms (META), the parent company of Facebook, reducing its stake by 12.62%. Additionally, Simpson Manufacturing (SSD), a Basic Materials company, saw a reduction of 5.03% in its allocation.
On the positive side for this quarter, ValueAct Holdings increased its position in Toast (TOST), a Technology company providing restaurant management solutions, by 60.89% in shares. The firm also significantly boosted its stake in KKR & Co. (KKR), a Financial Services holding company, by an impressive 171.68% in share count.
Furthermore, the firm added to its position in Roblox (RBLX), a Communication Services company, increasing shares by 2.13%, and maintained its stake in MongoDB (MDB), a Technology company, despite a 26.23% reduction in shares.
No new positions were disclosed in this filing, and there is no indication of any fully exited positions among the previously held stocks listed. For more information on ValueAct Holdings and its investment activities, visit ValueAct Holdings' profile. Detailed analysis of individual holdings like VISA, AMAZON, and BLACKROCK can be found on the respective company pages.