Jeffrey Ubben, ValueAct Capital
Portfolio USD 5,634,931,000 across 18 positions as of 2026 Q2; history from 2011 Q4. Source: quarterly 13F filings via dataroma.com.
Positions, 2026 Q2
- V Visa Inc.: 14% of portfolio, USD 794,682,000, hold
- AMZN Amazon.com Inc.: 12% of portfolio, USD 701,125,000, add +1.98%
- RKT Rocket Companies Inc.: 12% of portfolio, USD 656,283,000, add +47.68%
- BLK BlackRock Inc.: 9.9% of portfolio, USD 559,339,000, add +6.52%
- META Meta Platforms Inc.: 9.2% of portfolio, USD 515,790,000, hold
- CRM Salesforce.com: 8.3% of portfolio, USD 469,120,000, hold
- TOST Toast Inc.: 7.0% of portfolio, USD 393,209,000, add +9.6%
- KKR KKR & Co. L.P.: 5.8% of portfolio, USD 326,572,000, add +8.49%
- SPOT Spotify Technology S.A.: 4.3% of portfolio, USD 241,870,000, add +46.95%
- LLYVK Liberty Media Corp. Series C Live: 4.1% of portfolio, USD 229,491,000, reduce -39%
- SSD Simpson Manufacturing: 3.1% of portfolio, USD 173,895,000, reduce -40.59%
- RBLX Roblox Corp.: 3.0% of portfolio, USD 171,157,000, reduce -46.19%
- CBRE CBRE Group: 2.4% of portfolio, USD 133,665,000, add +323.03%
- LLYVA Liberty Media Corp. Series A Live: 1.4% of portfolio, USD 79,501,000, reduce -55.82%
- MDB MongoDB Inc.: 1.0% of portfolio, USD 55,659,000, reduce -84.03%
- LYV Live Nation Inc.: 1.0% of portfolio, USD 55,311,000, reduce -51.64%
- WIX Wix.com Ltd.: 0.8% of portfolio, USD 47,384,000, hold
- PAYP Paypay Corp: 0.6% of portfolio, USD 30,878,000, new
Portfolio value, all published quarters
- 2011 Q4: USD 5,805,506,746
- 2012 Q1: USD 6,455,348,801
- 2012 Q2: USD 6,796,404,865
- 2012 Q3: USD 7,067,364,507
- 2012 Q4: USD 7,853,562,512
- 2013 Q1: USD 8,841,028,254
- 2013 Q2: USD 9,735,684,449
- 2013 Q3: USD 11,080,954,867
- 2013 Q4: USD 12,089,704,777
- 2014 Q1: USD 13,246,593,365
- 2014 Q2: USD 13,527,885,696
- 2014 Q3: USD 14,920,888,217
- 2014 Q4: USD 15,961,642,990
- 2015 Q1: USD 18,094,461,193
- 2015 Q2: USD 18,991,935,575
- 2015 Q3: USD 17,197,258,220
- 2015 Q4: USD 14,446,343,339
- 2016 Q1: USD 10,018,708,689
- 2016 Q2: USD 11,017,278,684
- 2016 Q3: USD 11,491,044,812
- 2016 Q4: USD 12,177,695,919
- 2017 Q1: USD 11,945,680,467
- 2017 Q2: USD 11,194,191,906
- 2017 Q3: USD 9,977,214,120
- 2017 Q4: USD 9,883,199,242
- 2018 Q1: USD 9,975,869,491
- 2018 Q2: USD 11,045,476,152
- 2018 Q3: USD 10,165,170,154
- 2018 Q4: USD 8,028,325,271
- 2019 Q1: USD 9,095,542,170
- 2019 Q2: USD 9,579,099,082
- 2019 Q3: USD 9,267,416,572
- 2019 Q4: USD 9,883,610,742
- 2020 Q1: USD 6,961,000,762
- 2020 Q2: USD 8,734,940,913
- 2020 Q3: USD 7,108,256,075
- 2020 Q4: USD 8,621,482,117
- 2021 Q1: USD 8,568,316,054
- 2021 Q2: USD 9,023,884,165
- 2021 Q3: USD 8,633,742,875
- 2021 Q4: USD 8,867,992,364
- 2022 Q1: USD 7,270,514,746
- 2022 Q2: USD 6,274,256,041
- 2022 Q3: USD 5,902,273,113
- 2022 Q4: USD 5,308,462,123
- 2023 Q1: USD 6,141,268,362
- 2023 Q2: USD 6,431,031,518
- 2023 Q3: USD 4,452,140,864
- 2023 Q4: USD 4,995,949,330
- 2024 Q1: USD 4,543,479,647
- 2024 Q2: USD 3,555,941,076
- 2024 Q3: USD 4,373,981,460
- 2024 Q4: USD 4,389,633,507
- 2025 Q1: USD 4,581,517,749
- 2025 Q2: USD 5,599,304,497
- 2025 Q3: USD 5,930,181,363
- 2025 Q4: USD 7,025,731,433
- 2026 Q1: USD 5,711,328,111
- 2026 Q2: USD 5,634,931,000