Jeff Ubben - ValueAct Holdings
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    18
Portfolio value:    $5,712,466,529
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Avg. Buy
Price*
Value Current
Price
+/-
Since
Buy
52
Week
Low
52
Week
High
V - Visa Inc. 12.26 Add 34.80% 2,316,250 $325.22 $700,063,400 $357.75 10.00% $293.28 $365.02
AMZN - Amazon.com, Inc. 10.52 Reduce 15.02% 2,884,600 $219.19 $600,775,642 $247.31 12.83% $196.00 $278.56
CRM - Salesforce, Inc. 9.79 2,994,509 $198.63 $558,984,995 $171.22 -13.80% $146.32 $271.70
BLK - BlackRock, Inc. 9.19 Reduce 21.42% 546,100 $1,070.34 $525,189,831 $1,031.56 -3.62% $912.25 $1,200.54
META - Meta Platforms, Inc. 9.17 Reduce 12.62% 915,674 $620.10 $523,884,566 $656.73 5.91% $519.78 $793.65
RKT - Rocket Companies, Inc. 7.04 Reduce 28.35% 28,214,724 $17.02 $402,059,817 $13.91 -18.25% $12.17 $24.36
TOST - Toast, Inc. 5.98 Add 60.89% 12,895,438 $32.37 $341,858,061 $29.96 -7.44% $22.26 $49.66
LLYVK - Liberty Live Holdings, Inc. 5.87 Reduce 1.19% 3,561,208 $83.16 $335,145,285 $105.00 26.26% $76.93 $108.97
RBLX - Roblox Corp. 5.79 Reduce 2.13% 5,848,621 $52.51 $330,798,004 $55.03 4.79% $40.15 $150.59
KKR - KKR & Co. Inc. 5.31 Buy 3,279,700 $92.50 $303,372,250 $96.91 4.77% $82.51 $152.85
MDB - MongoDB, Inc. 4.45 Reduce 26.23% 1,037,800 $185.29 $254,022,306 $337.97 82.40% $198.47 $444.72
SSD - Simpson Manufacturing Co., Inc. 4.20 Reduce 5.03% 1,398,042 $156.42 $239,931,968 $185.60 18.66% $155.54 $213.18
SPOT - Spotify Technology S.A. 3.04 Buy 358,500 $484.91 $173,840,235 $479.84 -1.05% $405.00 $748.30
LLYVA - Liberty Live Holdings, Inc. 2.85 Reduce 1.24% 1,777,075 $81.50 $162,851,153 $101.09 24.04% $74.38 $105.47
LYV - Live Nation Entertainment, Inc. 1.67 Reduce 24.10% 624,666 $117.48 $95,267,812 $183.25 55.98% $125.34 $188.00
WIX - Wix.com Ltd. 1.65 Buy 1,099,370 $85.57 $94,069,243 $52.41 -38.75% $40.16 $190.93
DIS - The Walt Disney Co. 0.68 Reduce 87.00% 400,231 $93.63 $38,574,264 $96.00 2.53% $91.49 $121.64
CBRE - CBRE Group, Inc. 0.56 234,591 $140.12 $31,777,697 $138.03 -1.49% $121.69 $174.27
* Avg. Buy Price is an estimated cost basis: the share-weighted average of the quarter-end prices reported when this manager first bought or later added to the position (average-cost method, reset after a full exit). 13F filings disclose only quarter-end holdings, not actual trade prices, so this approximates — but does not exactly equal — what was paid.
Sector % analysis
Financial Services 33.80
Communication Services 29.07
Technology 21.86
Consumer Cyclical 10.52
Basic Materials 4.20
Real Estate 0.56