Mason Morfit ValueAct Holdings
Mason Morfit is chief executive officer of ValueAct Capital, a major constructive-activist investment firm. ValueAct typically takes significant stakes in companies and works with boards on strategy, capital allocation, and operational improvement. Morfit’s campaigns and holdings are closely watched in both activist and fundamental investing communities.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRC
DRESSER-RAND GROUP INC
DRC
|
+$248M |
| 2 |
Microsoft
MSFT
|
+$166M |
| 3 |
Gen Digital
GEN
|
+$162M |
| 4 |
Expeditors International
EXPD
|
+$89.7M |
| 5 |
MSCI
MSCI
|
+$29.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MCRS
MICROS SYSTEMS INC
MCRS
|
+$245M |
| 2 |
COL
Rockwell Collins
COL
|
+$102K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 49.8% |
| 2 | Healthcare | 18.84% |
| 3 | Industrials | 10.75% |
| 4 | Financials | 8.78% |
| 5 | Real Estate | 6.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.59T
| $2.92B | 22.06% |
71,285,530
+4,420,000
| +7% | +$166M |
|
2
Bausch Health
BHC
$2.41B
| $2.49B | 18.84% |
18,923,877
| – | – |
|
3
Motorola Solutions
MSI
$79.5B
| $1.86B | 14.03% |
28,907,623
| – | – |
|
4
Adobe
ADBE
$109B
| $1.66B | 12.56% |
25,310,116
| – | – |
|
|
COL
5
DELISTED
Rockwell Collins
COL
| $1.04B | 7.89% |
13,111,700
-1,300
| -0% | -$102K |
|
6
CBRE Group
CBRE
$44B
| $882M | 6.66% |
32,162,764
| – | – |
|
7
Willis Towers Watson
WTW
$31.8B
| $813M | 6.14% |
6,954,532
+78,483
| +1% | +$8.93M |
|
8
Allison Transmission
ALSN
$11B
| $540M | 4.07% |
18,025,204
| – | – |
|
|
9
MSCI
MSCI
$41B
| $350M | 2.64% |
8,133,117
+679,000
| +9% | +$29.6M |
|
|
DRC
10
DELISTED
DRESSER-RAND GROUP INC
DRC
| $293M | 2.21% |
5,008,408
+4,350,186
| +661% | +$248M |
|
|
11
Gen Digital
GEN
$17.3B
| $152M | 1.14% |
+7,591,219
| New | +$162M |
|
|
MCRS
12
DELISTED
MICROS SYSTEMS INC
MCRS
| $120M | 0.91% |
2,272,552
-4,424,756
| -66% | -$245M |
|
|
13
Expeditors International
EXPD
$24.4B
| $86.7M | 0.65% |
+2,186,700
| New | +$89.7M |
|
|
OPLN
14
Openlane
OPLN
$4.08B
| $24.4M | 0.18% |
2,123,185
| – | – |
|
Similar funds
Mason Morfit's Q1 2014 Portfolio in Review
As of Q1 2014, Mason Morfit held 14 positions worth $13.2B, up 9.5% from $12.1B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Mason Morfit deployed $459M of net new capital in Q1 2014, opening 2 new positions and adding to 4 existing holdings. Its largest new stake was Gen Digital: 7,591,219 shares worth $152M.
By sector, the portfolio is most concentrated in Technology at 50% of assets, up from 49% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was MICROS SYSTEMS INC, an estimated $245M trimmed.
- Mason Morfit's largest Q1 2014 buy was Gen Digital: 7,591,219 shares worth $152M.
- Mason Morfit added most to DRESSER-RAND GROUP INC in Q1 2014, an estimated $248M increase.
- Mason Morfit's biggest Q1 2014 reduction was MICROS SYSTEMS INC, cutting an estimated $245M.
- Mason Morfit's ten largest holdings make up 97% of its $13.2B portfolio in Q1 2014.
- Mason Morfit opened 2 new positions and closed 0 in Q1 2014.
- Mason Morfit's portfolio value rose 9.5% quarter-over-quarter to $13.2B.
Based on ValueAct Holdings's 13F filing for Q1 2014, filed 14 May 2014.