Jeffrey Ubben - ValueAct Holdings Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 15, 2025 | |
| Total Stocks | 14 | |
| Portfolio Value | $4.58B |
ValueAct Holdings Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 3.3 years | Style | Average duration positions are maintained |
| Position Count | 31 | Style | Number of active positions in portfolio |
| Position Size | 12.1% | Risk | Typical allocation per position |
| Win Rate | 52.8% | Performance | Percentage of profitable positions |
| Average Return | 1749.4% | Performance | Mean return across positions |
| Sharpe Ratio | 0.14 | Performance | Return per unit of risk taken |
Investment Case Study: SALESFORCE INC (CRM)
12/31/2022 - 8/4/2025
Performance Metrics
Total Return: 823.96%
Holding Period: 947 days
Max Position Size: $1,006,368,844.00
Position Weight: 15.78%
Key Events
12/31/2022: ENTRY(560,221.00 shares) @ $132.59
3/31/2023: INCREASE(2,926,088.00 shares) @ $199.78
6/30/2024: INCREASE(428,000.00 shares) @ $257.10
12/31/2024: DECREASE(-1,015,800.00 shares) @ $334.33
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure