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 Activity Share change % change to portfolio
Q1 2026
TOST - Toast, Inc. Add 60.89% 4,880,161 2.26
V - Visa Inc. Add 34.80% 598,000 3.17
KKR - KKR & Co. Inc. Buy 3,279,700 5.31
SPOT - Spotify Technology S.A. Buy 358,500 3.04
WIX - Wix.com Ltd. Buy 1,099,370 1.65
Q4 2025
TOST - Toast, Inc. Add 135.94% 4,618,077 2.33
RKT - Rocket Companies, Inc. Add 55.07% 13,985,025 3.85
RBLX - Roblox Corp. Add 39.52% 1,692,600 1.95
META - Meta Platforms, Inc. Add 36.34% 279,300 2.63
LYV - Live Nation Entertainment, Inc. Add 28.43% 182,200 0.37
SSD - Simpson Manufacturing Co., Inc. Add 21.87% 264,200 0.61
V - Visa Inc. Add 9.73% 152,400 0.76
CRM - Salesforce, Inc. Add 3.31% 96,000 0.36
BLK - BlackRock, Inc. Buy 695,000 10.59
LLYVK - Liberty Live Holdings, Inc. Buy 3,603,988 4.27
LLYVA - Liberty Live Holdings, Inc. Buy 1,799,319 2.09
Q3 2025
MDB - MongoDB, Inc. Add 206.76% 1,427,700 4.17
RKT - Rocket Companies, Inc. Add 67.90% 10,270,018 3.36
V - Visa Inc. Add 25.78% 320,900 1.85
META - Meta Platforms, Inc. Add 23.31% 145,300 1.80
TOST - Toast, Inc. Buy 3,397,200 2.09
Q2 2025
AMZN - Amazon.com, Inc. Add 587.71% 3,309,400 12.96
RKT - Rocket Companies, Inc. Add 124.80% 8,397,100 2.13
LM0H - Liberty Media Corp Del Add 6.90% 114,500 0.16
LM0G - Liberty Media Corp Del Add 2.25% 88,000 0.13
SSD - Simpson Manufacturing Co., Inc. Buy 1,406,105 3.90
MDB - MongoDB, Inc. Buy 690,500 2.59
COOP-OLD - Mr Cooper Group Inc Buy 904,800 2.41
CBRE - CBRE Group, Inc. Buy 589,391 1.47
RDFN - Redfin Corp Buy 5,805,600 1.16
CCC - CCC Intelligent Solutions Holdings Inc. Buy 2,881,800 0.48
Q1 2025
META - Meta Platforms, Inc. Add 379.85% 803,374 10.11
V - Visa Inc. Add 251.43% 939,350 7.18
LM0H - Liberty Media Corp Del Add 30.76% 390,200 0.57
LM0G - Liberty Media Corp Del Add 23.20% 735,100 1.09
AMZN - Amazon.com, Inc. Add 4.88% 26,200 0.11
RKT - Rocket Companies, Inc. Buy 6,728,509 1.77
NU - Nu Holdings Ltd. Buy 3,416,200 0.76
Q4 2024
LM0G - Liberty Media Corp Del Add 136.92% 1,831,288 2.84
LM0H - Liberty Media Corp Del Add 88.81% 596,648 0.90
LYV - Live Nation Entertainment, Inc. Add 4.61% 46,816 0.14
AMZN - Amazon.com, Inc. Buy 536,900 2.68
Q3 2024
RBLX - Roblox Corp. Add 340.69% 7,835,921 7.93
DIS - The Walt Disney Co. Add 21.70% 1,331,200 2.93
TOST - Toast, Inc. Buy 15,482,200 10.02
META - Meta Platforms, Inc. Buy 211,500 2.77
LYV - Live Nation Entertainment, Inc. Buy 1,014,650 2.54
V - Visa Inc. Buy 373,600 2.35
LM0G - Liberty Media Corp Del Buy 1,337,500 1.57
LM0H - Liberty Media Corp Del Buy 671,800 0.76
Q2 2024
DIS - The Walt Disney Co. Add 13.20% 715,000 2.00
CRM - Salesforce, Inc. Add 12.28% 428,000 3.09
Q1 2024
RBLX - Roblox Corp. Add 27.78% 500,000 0.42
DIS - The Walt Disney Co. Add 6.53% 332,300 0.89
NSIT - Insight Enterprises Inc Add 0.00% 109 0.00
FLUT - Flutter Entertainment plc Buy 495,135 1.72
Q4 2023
DHR - Danaher Corp. Add 50.26% 66,896 0.31
EXPE - Expedia Group, Inc. Buy 4,251,568 12.92
DIS - The Walt Disney Co. Buy 5,086,331 9.19
PAYC - Paycom Software, Inc. Buy 608,000 2.52
Q3 2023
ILMN - Illumina, Inc. Buy 534,159 1.60
RBLX - Roblox Corp. Buy 1,800,000 1.17
ALRM - Alarm Com Hldgs Inc Buy 585,400 0.80
DHR - Danaher Corp. Buy 133,104 0.66
Q2 2023
CBRE - CBRE Group, Inc. Add 0.03% 2,784 0.00
NSIT - Insight Enterprises Inc Add 0.01% 514 0.00
AMPS - Altus Power Inc Add 0.00% 20 0.00
Q1 2023
CRM - Salesforce, Inc. Add 522.31% 2,926,088 9.52
NSIT - Insight Enterprises Inc Add 2.02% 89,165 0.21
SPOT - Spotify Technology S.A. Buy 2,249,141 4.89
Q4 2022
NYT - The New York Times Co. Add 17.49% 2,031,371 1.24
AMPS - Altus Power Inc Add 0.44% 17,588 0.00
CRM - Salesforce, Inc. Buy 560,221 1.40
Q3 2022
NYT - The New York Times Co. Add 275.27% 8,519,741 4.15
BLD-OLD - TopBuild Corp. Add 28.33% 341,345 0.95
NSIT - Insight Enterprises Inc Add 7.87% 322,725 0.45
Q2 2022
BLD-OLD - TopBuild Corp. Add 462.07% 990,537 2.64
KKR - KKR & Co. Inc. Add 17.04% 3,851,214 2.84
NSIT - Insight Enterprises Inc Add 15.69% 556,083 0.77
FISV - Fiserv, Inc. Add 12.37% 1,612,575 2.29
CBRE - CBRE Group, Inc. Add 0.03% 2,355 0.00
AMPS - Altus Power Inc Add 0.00% 20 0.00
NYT - The New York Times Co. Buy 3,095,000 1.38
RKT - Rocket Companies, Inc. Buy 2,000,000 0.23
UNVR - Univar Solutions Inc Buy 340,000 0.13
Q1 2022
NSIT - Insight Enterprises Inc Add 6.57% 218,308 0.32
KKR - KKR & Co. Inc. Add 2.49% 550,000 0.44
BLD-OLD - TopBuild Corp. Buy 214,371 0.53
Q4 2021
FISV - Fiserv, Inc. Add 19.20% 2,100,000 2.46
AMPS - Altus Power Inc Buy 4,000,000 0.47
AMPS.WS - Altus Power Inc Buy 18,417 0.00
Q3 2021
NSIT - Insight Enterprises Inc Add 16.92% 481,145 0.50
LITE - Lumentum Holdings Inc. Add 3.41% 32,951 0.03
FISV - Fiserv, Inc. Buy 10,935,201 13.74
RXT - Rackspace Technology Inc Buy 400,000 0.07
Q2 2021
NSIT - Insight Enterprises Inc Add 158.52% 1,743,690 2.08
BLD-OLD - TopBuild Corp. Add 116.44% 258,230 0.61
CBRE - CBRE Group, Inc. Add 0.03% 2,789 0.00
LKQ - LKQ Corp. Add 0.01% 2,665 0.00
LITE - Lumentum Holdings Inc. Buy 967,049 0.95
Q1 2021
FISV - Fiserv, Inc. Add 161.97% 531,719 0.74
NSIT - Insight Enterprises Inc Buy 1,100,000 1.23
BLD-OLD - TopBuild Corp. Buy 221,770 0.54
CBAH.WS - Cbre Acquisition Hldgs Inc Buy 18,417 0.00
Q4 2020
CDW - CDW Corp. Add 53.63% 128,503 0.20
BHC - Bausch Health Companies Inc. Add 0.06% 10,009 0.00
FISV - Fiserv, Inc. Buy 328,281 0.43
Q3 2020
CDW - CDW Corp. Buy 239,613 0.40
Q2 2020
EVA - Enviva Partners LP Add 91.32% 2,307,692 0.95
AES - The AES Corp. Add 23.01% 1,000,000 0.17
CBRE - CBRE Group, Inc. Add 0.04% 4,228 0.00
NKLA - Nikola Corp Buy 11,675,437 9.03
Q1 2020
HE - Hawaiian Elec Industries Add 59.66% 1,213,205 0.75
LIND - Lindblad Expeditions Holdings, Inc. Add 37.98% 1,355,129 0.08
LKQ - LKQ Corp. Add 30.33% 5,015,028 1.49
DAR - Darling Ingredients Inc. Add 29.41% 600,000 0.17
EVA - Enviva Partners LP Add 20.10% 422,914 0.16
VRRM - Verra Mobility Corp Add 14.55% 750,000 0.08
TRN - Trinity Industries, Inc. Add 8.50% 2,115,857 0.49
AOS - A. O. Smith Corp. Buy 2,092,510 1.14
BP - BP p.l.c. Buy 2,772,000 0.98
CMCSA - Comcast Corp. Buy 349,976 0.16
HDS - Hd Supply Hldgs Inc Buy 25,000 0.01
Q4 2019
STRA - Strategic Education, Inc. Add 34.45% 172,500 0.28
HE - Hawaiian Elec Industries Add 25.46% 412,716 0.20
LIND - Lindblad Expeditions Holdings, Inc. Add 24.75% 707,930 0.12
TRN - Trinity Industries, Inc. Add 10.32% 2,328,300 0.52
LKQ - LKQ Corp. Add 3.12% 500,000 0.18
FDX - FedEx Corp. Buy 732,190 0.90
VRRM - Verra Mobility Corp Buy 5,155,000 0.73
Q3 2019
STRA - Strategic Education, Inc. Add 114.22% 267,000 0.39
HE - Hawaiian Elec Industries Add 37.85% 445,000 0.22
DAR - Darling Ingredients Inc. Add 29.67% 512,472 0.11
EVA - Enviva Partners LP Add 27.20% 450,000 0.16
UFI - Unifi Inc Add 9.14% 118,652 0.03
AES - The AES Corp. Add 4.82% 200,000 0.04
TRN - Trinity Industries, Inc. Add 3.02% 661,698 0.14
LKQ - LKQ Corp. Buy 16,032,718 5.44
PCG - PG&E Corp. Buy 1,444,800 0.16
Q2 2019
AES - The AES Corp. Add 165.04% 2,582,000 0.45
DAR - Darling Ingredients Inc. Add 51.20% 585,000 0.12
UFI - Unifi Inc Add 14.81% 167,500 0.03
STX - Seagate Technology Holdings plc Add 6.89% 2,034,200 1.00
LIND - Lindblad Expeditions Holdings, Inc. Add 4.20% 121,467 0.02
CBRE - CBRE Group, Inc. Add 0.03% 4,216 0.00
TSG - Stars Group Inc Buy 13,630,000 2.43
BKNG - Booking Holdings Inc. Buy 875,000 0.69
PSN - Parsons Corp. Buy 1,805,000 0.69
XPO - XPO, Inc. Buy 2,891,394 0.60
EIX - Edison International Buy 700,000 0.49
Q1 2019
DAR - Darling Ingredients Inc. Add 533.58% 962,200 0.23
EVA - Enviva Partners LP Add 128.60% 930,611 0.33
LIND - Lindblad Expeditions Holdings, Inc. Add 25.66% 590,259 0.10
STX - Seagate Technology Holdings plc Add 8.15% 2,225,000 1.17
STRA - Strategic Education, Inc. Add 7.78% 31,500 0.05
UFI - Unifi Inc Add 0.29% 3,223 0.00
PCG - PG&E Corp. Buy 1,000,000 0.20
Q4 2018
STRA - Strategic Education, Inc. Add 67.15% 162,600 0.23
LIND - Lindblad Expeditions Holdings, Inc. Add 36.02% 609,272 0.10
MS - Morgan Stanley Add 26.04% 5,418,091 2.68
HE - Hawaiian Elec Industries Add 25.90% 310,034 0.14
UFI - Unifi Inc Add 21.91% 202,679 0.06
C - Citigroup Inc. Add 20.21% 5,300,000 3.44
EVA - Enviva Partners LP Add 4.57% 31,621 0.01
STX - Seagate Technology Holdings plc Add 3.40% 898,595 0.43
AES - The AES Corp. Add 2.29% 35,000 0.01
KKR - KKR & Co. Inc. Add 2.01% 1,000,000 0.24
CBRE - CBRE Group, Inc. Add 0.02% 4,453 0.00
ACA - Arcosa, Inc. Buy 7,135,963 2.46
DAR - Darling Ingredients Inc. Buy 180,328 0.16
ARMK - Aramark Buy 317,484 0.12
BE - Bloom Energy Corp. Buy 250,000 0.06
Q3 2018
STX - Seagate Technology Holdings plc Add 17.82% 3,991,865 1.86
MS - Morgan Stanley Add 11.23% 2,100,850 0.96
SLM - SLM Corp. Add 4.20% 1,578,846 0.17
C - Citigroup Inc. Add 4.17% 1,050,000 0.74
EVA - Enviva Partners LP Add 0.96% 6,576 0.00
BHC - Bausch Health Companies Inc. Buy 18,033,149 4.55
XRAY - DENTSPLY SIRONA Inc. Buy 2,200,000 0.82
HE - Hawaiian Elec Industries Buy 1,197,261 0.42
STRA - Strategic Education, Inc. Buy 242,141 0.33
NLOK - Symantec Corp Buy 500,000 0.10
Q2 2018
SLM - SLM Corp. Add 408.18% 30,205,408 3.26
C - Citigroup Inc. Add 55.40% 8,975,500 5.67
STX - Seagate Technology Holdings plc Add 4.41% 946,100 0.50
MS - Morgan Stanley Add 4.18% 750,000 0.34
BFH - Bread Financial Holdings, Inc. Add 3.49% 257,173 0.45
AFIIQ - Armstrong Flooring Inc Add 0.12% 5,716 0.00
KKR - KKR & Co. Inc. Buy 49,700,000 11.65
UFI - Unifi, Inc. Buy 925,000 0.28
LIND - Lindblad Expeditions Holdings, Inc. Buy 1,691,300 0.21
AES - The AES Corp. Buy 1,529,500 0.19
EVA - Enviva Partners LP Buy 685,453 0.19
Q1 2018
C - Citigroup Inc. Add 1372.73% 15,100,000 11.74
TRN - Trinity Industries, Inc. Add 15.05% 3,889,949 1.05
SLM - SLM Corp. Buy 7,400,000 0.96
Q4 2017
TRN - Trinity Industries, Inc. Add 7.84% 1,878,257 0.60
MS - Morgan Stanley Add 0.42% 75,000 0.05
MSFT - Microsoft Corp. Add 0.01% 589 0.00
ESRX - Express Scripts Buy 1,200,000 1.05
C - Citigroup Inc. Buy 1,100,000 0.96
Q3 2017
STX - Seagate Technology Holdings plc Add 55.32% 7,642,835 2.88
TRN - Trinity Industries, Inc. Add 10.73% 2,323,117 0.61
AWI - Armstrong World Industries, Inc. Add 0.03% 2,612 0.00
BKR - Baker Hughes Co. Buy 31,407,820 13.08
Q2 2017
STX - Seagate Technology Holdings plc Add 44.83% 4,276,275 1.54
AFIIQ - Armstrong Flooring Inc Add 0.20% 9,071 0.00
Q1 2017
NTCT - NetScout Systems, Inc. Add 39.82% 655,000 0.21
BHI - Baker Hughes Inc Add 14.59% 4,000,000 2.04
BFH - Bread Financial Holdings, Inc. Add 12.03% 790,518 1.34
BIVV - Bioverativ Inc Buy 8,476,892 3.93
Q4 2016
TRN - Trinity Industries, Inc. Add 25.45% 4,391,469 0.73
CBRE - CBRE Group, Inc. Add 20.95% 7,253,196 1.91
NWS - News Corp. Add 5.96% 3,000,000 0.68
BFH - Bread Financial Holdings, Inc. Add 4.93% 308,864 0.47
MSFT - Microsoft Corp. Add 0.00% 1,819 0.00
NTCT - NetScout Systems, Inc. Buy 1,645,000 0.43
Q3 2016
STX - Seagate Technology Holdings plc Add 217.98% 6,539,490 2.27
TRN - Trinity Industries, Inc. Add 107.02% 8,918,769 1.40
BFH - Bread Financial Holdings, Inc. Add 52.07% 2,145,249 3.30
MS - Morgan Stanley Add 10.26% 3,900,000 1.12
NWS - News Corp. Add 6.34% 3,000,000 0.67
CBRE - CBRE Group, Inc. Add 5.11% 1,684,260 0.42
Q2 2016
BFH - Bread Financial Holdings, Inc. Add 507.62% 3,441,734 5.02
BHI - Baker Hughes Inc Add 67.28% 15,639,500 6.59
WTW - Willis Towers Watson Public Ltd. Co. Add 5.57% 428,000 0.50
CBRE - CBRE Group, Inc. Add 0.01% 3,889 0.00
MSFT - Microsoft Corp. Add 0.00% 908 0.00
MS - Morgan Stanley Buy 38,000,000 9.21
TRN - Trinity Industries, Inc. Buy 8,334,000 1.04
AFIIQ - Armstrong Flooring Inc Buy 4,600,000 0.73
STX - Seagate Technology Holdings plc Buy 3,000,000 0.68
Q1 2016
CBRE - CBRE Group, Inc. Add 5.12% 1,604,500 0.48
WTW - Willis Towers Watson Public Ltd. Co. Buy 7,680,015 9.47
BFH - Bread Financial Holdings, Inc. Buy 678,017 1.24
Q4 2015
TW6 - Towers Watson & Co Add 119.70% 395,000 0.42
Q3 2015
NWS - News Corp. Add 6.16% 2,745,000 0.54
AXP - American Express Co. Add 1.80% 200,000 0.11
MSCI - MSCI Inc. Add 0.00% 351 0.00
MSFT - Microsoft Corp. Add 0.00% 1,662 0.00
TW6 - Towers Watson & Co Buy 330,000 0.28
Q2 2015
NWS - News Corp. Add 42.05% 13,196,334 2.87
AGU - Agrium Inc Add 25.62% 2,040,446 1.46
HAL - Halliburton Co. Add 11.14% 3,761,500 1.09
CBRE - CBRE Group, Inc. Add 0.02% 5,175 0.00
AXP - American Express Co. Buy 11,100,000 5.83
Q1 2015
HAL - Halliburton Co. Add 61.55% 12,861,760 4.23
BHI - Baker Hughes Inc Add 55.00% 8,249,200 3.93
NWS - News Corp. Add 3.58% 1,085,000 0.27
MSFT - Microsoft Corp. Add 1.39% 1,033,186 0.31
PCP - Precision Castparts Corp Buy 569,185 0.90
WCC - WESCO International, Inc. Buy 1,064,800 0.56
Q4 2014
AGU - Agrium Inc Add 57.09% 2,978,145 2.28
NWS - News Corp. Add 20.24% 5,100,000 1.52
ALSN - Allison Transmission Holdings, Inc. Add 6.10% 1,100,000 0.30
MSFT - Microsoft Corp. Add 0.00% 774 0.00
BHI - Baker Hughes Inc Buy 14,997,500 6.80
HAL - Halliburton Co. Buy 20,895,000 6.65
Q3 2014
NWS - News Corp. Add 846.27% 22,536,917 6.43
AWI - Armstrong World Industries, Inc. Add 240.74% 6,500,000 3.12
MSFT - Microsoft Corp. Add 0.00% 827 0.00
AGU - Agrium Inc Buy 5,216,753 3.98
NWS.A - Twenty-First Century Fox Inc Buy 4,600,000 1.35
Q2 2014
MSCI - MSCI Inc. Add 14.85% 1,208,171 0.54
MSFT - Microsoft Corp. Add 4.14% 2,951,112 1.19
CBRE - CBRE Group, Inc. Add 0.01% 3,085 0.00
AWI - Armstrong World Industries, Inc. Buy 2,700,000 1.50
NWS - News Corp. Buy 2,663,083 0.88
Q1 2014
DRC - Dresser-Rand Group Inc Add 660.90% 4,350,186 2.55
MSCI - MSCI Inc. Add 9.11% 679,000 0.29
MSFT - Microsoft Corp. Add 6.61% 4,420,000 1.82
NLOK - Symantec Corp Buy 7,591,219 1.53
EXPD - Expeditors International of Washington, Inc. Buy 2,186,700 0.87
Q4 2013
ALSN - Allison Transmission Holdings, Inc. Add 289.72% 13,400,000 4.09
MSCI - MSCI Inc. Add 0.81% 60,100 0.03
DRC - Dresser-Rand Group Inc Buy 658,222 0.43
Q3 2013
CF - CF Industries Holdings, Inc. Add 41.22% 2,061,000 1.04
MSCI - MSCI Inc. Add 19.25% 1,193,395 0.58
COL - Rockwell Collins Inc Add 17.29% 193,299 1.58
MSFT - Microsoft Corp. Add 15.78% 9,115,530 3.65
CBRE - CBRE Group, Inc. Add 0.50% 161,300 0.04
ALSN - Allison Transmission Holdings, Inc. Buy 4,625,204 1.39
MOS - The Mosaic Co. Buy 575,944 0.30
VLO - Valero Energy Corp. Buy 637,747 0.26
Q2 2013
MSFT - Microsoft Corp. Buy 57,750,000 27.39
MSI - Motorola Solutions, Inc. Buy 28,907,623 22.93
ADBE - Adobe Inc. Buy 31,303,362 19.59
CBRE - CBRE Group, Inc. Buy 32,001,464 10.27
COL - Rockwell Collins Inc Buy 1,118,001 9.74
MCRS - Micros Systems Inc Buy 6,697,308 3.97
MSCI - MSCI Inc. Buy 6,200,622 2.83
CF - CF Industries Holdings, Inc. Buy 5,000,000 2.36
1504558D - Gardner Denver Inc Buy 643,400 0.66
OPLN - OPENLANE, Inc. Buy 2,123,185 0.25
Q1 2010
4107485Q - - ----------------------------------------------------------------------------------------------------------------------------------- Valeant Pharmaceuticals Intl Buy 17,775,903 31.64
SLE - - ----------------------------------------------------------------------------------------------------------------------------------- SAra Lee Corp Buy 3,637 20.18
IT - Gartner, Inc. Buy 20,790,013 19.18
BCR - - ----------------------------------------------------------------------------------------------------------------------------------- C R Bard Inc Buy 2,700,700 9.71
VRSN - VeriSign, Inc. Buy 7,250,000 7.83
BLUD - - ----------------------------------------------------------------------------------------------------------------------------------- Immucor Inc Buy 4,882,779 4.54
SNA - Snap-on Inc. Buy 1,749,009 3.14
OPLN - OPENLANE, Inc. Buy 5,967,824 1.41
BFH - Bread Financial Holdings, Inc. Buy 626,500 1.33
MYGN - - ----------------------------------------------------------------------------------------------------------------------------------- Myriad Genetics Inc Buy 622,000 0.62
WCRX - - ----------------------------------------------------------------------------------------------------------------------------------- Warner Chilcott Plc Shs A Buy 400,000 0.42
Q2 2009
4107485Q - - ----------------------------------------------------------------------------------------------------------------------------------- Valeant Pharmaceuticals Intl Add 28.61% 3,787,693 5.11
2537334D - - ----------------------------------------------------------------------------------------------------------------------------------- Thomson Reuters Corp Add 11.19% 1,222,966 1.83
BLUD - - ----------------------------------------------------------------------------------------------------------------------------------- Immucor Inc Buy 2,000,000 1.44
SWY - - ----------------------------------------------------------------------------------------------------------------------------------- SAfeway Inc Buy 673,300 0.72
DTAG - - ----------------------------------------------------------------------------------------------------------------------------------- Interatcive Data Corp Buy 569,986 0.69
HOT - - ----------------------------------------------------------------------------------------------------------------------------------- Starwood Hotels&resorts Wrld Buy 200,000 0.23
XRAY - DENTSPLY SIRONA Inc. Buy 110,048 0.18