ValueAct Holdings, L.P. Diversified Active

CIK: 0001418814 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $7,025,029 (100.0% shares, 0.0% debt)

Holdings (16)

New Positions (3)

BLK BLACKROCK INC 10.6%

Value ($000) $743,886 Shares 695,000 Est. Cost $1089.41 Unrealized 0.0%

LLYVK LIBERTY LIVE HOLDINGS INC 4.3%

Value ($000) $299,708 Shares 3,603,988 Est. Cost $85.87 Unrealized 0.0%

LLYVA LIBERTY LIVE HOLDINGS INC 2.1%

Value ($000) $146,644 Shares 1,799,319 Est. Cost $83.24 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BLK	BLACKROCK INC	695,000	$743,886	10.6%	$1089.41	0.0%	COM	09290D101
LLYVK	LIBERTY LIVE HOLDINGS INC	3,603,988	$299,708	4.3%	$85.87	0.0%	COM SHS SER C	530909308
LLYVA	LIBERTY LIVE HOLDINGS INC	1,799,319	$146,644	2.1%	$83.24	0.0%	COM SER A	530909100

Increased Positions (8)

RKT ROCKET COS INC 10.9%

Value ($000) $762,409 (+54.9%) Shares 39,380,652 (+55.1%) Est. Cost $15.77 Unrealized +13.4%

TOST TOAST INC 4.1%

Value ($000) $284,622 (+129.5%) Shares 8,015,277 (+135.9%) Est. Cost $39.17 Unrealized -8.0%

META META PLATFORMS INC 9.8%

Value ($000) $691,757 (+22.5%) Shares 1,047,974 (+36.3%) Est. Cost $647.27 Unrealized +3.1%

RBLX ROBLOX CORP 6.9%

Value ($000) $484,221 (-18.4%) Shares 5,975,821 (+39.5%) Est. Cost $58.85 Unrealized +80.4%

CRM SALESFORCE INC 11.3%

Value ($000) $793,275 (+15.5%) Shares 2,994,509 (+3.3%) Est. Cost $176.70 Unrealized +40.4%

V VISA INC 8.6%

Value ($000) $602,607 (+12.7%) Shares 1,718,250 (+9.7%) Est. Cost $324.18 Unrealized +5.0%

SSD SIMPSON MFG INC 3.4%

Value ($000) $237,707 (+17.5%) Shares 1,472,142 (+21.9%) Est. Cost $156.69 Unrealized +7.7%

LYV LIVE NATION ENTERTAINMENT IN 1.7%

Value ($000) $117,287 (+12.0%) Shares 823,066 (+28.4%) Est. Cost $108.11 Unrealized +32.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RKT	ROCKET COS INC	39,380,652 (+55.1%)	$762,409 (+54.9%)	10.9%	$15.77	+13.4%	COM CL A	77311W101
TOST	TOAST INC	8,015,277 (+135.9%)	$284,622 (+129.5%)	4.1%	$39.17	-8.0%	CL A	888787108
META	META PLATFORMS INC	1,047,974 (+36.3%)	$691,757 (+22.5%)	9.8%	$647.27	+3.1%	CL A	30303M102
RBLX	ROBLOX CORP	5,975,821 (+39.5%)	$484,221 (-18.4%)	6.9%	$58.85	+80.4%	CL A	771049103
CRM	SALESFORCE INC	2,994,509 (+3.3%)	$793,275 (+15.5%)	11.3%	$176.70	+40.4%	COM	79466L302
V	VISA INC	1,718,250 (+9.7%)	$602,607 (+12.7%)	8.6%	$324.18	+5.0%	COM CL A	92826C839
SSD	SIMPSON MFG INC	1,472,142 (+21.9%)	$237,707 (+17.5%)	3.4%	$156.69	+7.7%	COM	829073105
LYV	LIVE NATION ENTERTAINMENT IN	823,066 (+28.4%)	$117,287 (+12.0%)	1.7%	$108.11	+32.9%	COM	538034109

Exited Positions (3)

— LIBERTY MEDIA CORP DEL 4.9%

Value ($000) $340,936 Shares 3,515,888 Est. Cost $62.76 Unrealized —

— MR COOPER GROUP INC 2.7%

Value ($000) $190,723 Shares 904,800 Est. Cost $149.21 Unrealized —

— LIBERTY MEDIA CORP DEL 2.3%

Value ($000) $162,153 Shares 1,719,548 Est. Cost $61.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	LIBERTY MEDIA CORP DEL	3,515,888	$340,936	4.9%	$62.76	—	—	531229722
—	MR COOPER GROUP INC	904,800	$190,723	2.7%	$149.21	—	—	62482R107
—	LIBERTY MEDIA CORP DEL	1,719,548	$162,153	2.3%	$61.08	—	—	531229748

Decreased Positions (4)

MDB MONGODB INC 8.4%

Value ($000) $590,420 (+60.8%) Shares 1,406,800 (-33.6%) Est. Cost $233.53 Unrealized +55.8%

NSIT INSIGHT ENTERPRISES INC 1.4%

Value ($000) $99,116 (-61.5%) Shares 1,216,592 (-46.4%) Est. Cost $96.07 Unrealized -2.4%

DIS DISNEY WALT CO 5.0%

Value ($000) $350,176 (-30.4%) Shares 3,077,931 (-29.9%) Est. Cost $89.55 Unrealized +22.3%

AMZN AMAZON COM INC 11.2%

Value ($000) $783,472 (+1.9%) Shares 3,394,300 (-3.0%) Est. Cost $198.95 Unrealized +15.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDB	MONGODB INC	1,406,800 (-33.6%)	$590,420 (+60.8%)	8.4%	$233.53	+55.8%	CL A	60937P106
NSIT	INSIGHT ENTERPRISES INC	1,216,592 (-46.4%)	$99,116 (-61.5%)	1.4%	$96.07	-2.4%	COM	45765U103
DIS	DISNEY WALT CO	3,077,931 (-29.9%)	$350,176 (-30.4%)	5.0%	$89.55	+22.3%	COM	254687106
AMZN	AMAZON COM INC	3,394,300 (-3.0%)	$783,472 (+1.9%)	11.2%	$198.95	+15.0%	COM	023135106

Unchanged Positions (1)

CBRE CBRE GROUP INC 0.5%

Value ($000) $37,720 Shares 234,591 Est. Cost $126.46 Unrealized +24.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CBRE	CBRE GROUP INC	234,591	$37,720	0.5%	$126.46	+24.3%	CL A	12504L109