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 |
Flutter Entertainment
FLUT
|
+$106M |
| 2 |
Walt Disney
DIS
|
+$34.7M |
| 3 |
Roblox
RBLX
|
+$20.3M |
| 4 |
Insight Enterprises
NSIT
|
+$20.1K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KKR & Co
KKR
|
+$372M |
| 2 |
CBRE Group
CBRE
|
+$195M |
| 3 |
Paycom
PAYC
|
+$126M |
| 4 |
Expedia Group
EXPE
|
+$119M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$77.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 54.4% |
| 2 | Communication Services | 23.29% |
| 3 | Consumer Discretionary | 12.07% |
| 4 | Real Estate | 5.29% |
| 5 | Financials | 4.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Salesforce
CRM
$171B
| $1.05B | 23.11% |
3,486,309
| – | – |
|
|
2
Insight Enterprises
NSIT
$4.33B
| $837M | 18.42% |
4,511,739
+109
| +0% | +$20.1K |
|
|
3
Walt Disney
DIS
$186B
| $663M | 14.59% |
5,418,631
+332,300
| +7% | +$34.7M |
|
|
FISV
4
Fiserv Inc
FISV
$28B
| $584M | 12.86% |
3,655,641
-533,200
| -13% | -$77.7M |
|
|
5
Expedia Group
EXPE
$38.6B
| $470M | 10.35% |
3,414,568
-837,000
| -20% | -$119M |
|
|
6
CBRE Group
CBRE
$44B
| $240M | 5.29% |
2,470,748
-2,167,000
| -47% | -$195M |
|
7
Spotify
SPOT
$110B
| $217M | 4.77% |
820,553
-207,000
| -20% | -$48.6M |
|
|
8
KKR & Co
KKR
$97.4B
| $192M | 4.22% |
1,904,808
-4,049,300
| -68% | -$372M |
|
9
New York Times
NYT
$10.6B
| $90.5M | 1.99% |
2,094,392
-1,532,340
| -42% | -$69.8M |
|
|
10
Roblox
RBLX
$27.4B
| $87.8M | 1.93% |
2,300,000
+500,000
| +28% | +$20.3M |
|
|
11
Flutter Entertainment
FLUT
$17.8B
| $78.2M | 1.72% |
+495,135
| New | +$106M |
|
12
Illumina
ILMN
$33.1B
| $33.5M | 0.74% |
250,603
-86,627
| -26% | -$11.6M |
|
13
Danaher
DHR
$154B
| – | – |
-200,000
| Closed | -$46.3M |
|
|
14
Paycom
PAYC
$10.3B
| – | – |
-608,000
| Closed | -$126M |
|
15
Seagate
STX
$193B
| – | – |
-262,348
| Closed | -$22.4M |
|
Similar funds
Mason Morfit's Q1 2024 Portfolio in Review
As of Q1 2024, Mason Morfit held 15 positions worth $4.54B, down 9.1% from $5B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Mason Morfit withdrew a net $927M in Q1 2024, closing 3 positions and reducing 7 holdings. Its most notable exit was Paycom, an estimated $126M position sold in full.
By sector, the portfolio is most concentrated in Technology at 54% of assets, up from 48% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Mason Morfit opened a new position in Flutter Entertainment worth $78.2M.
- Mason Morfit's largest Q1 2024 buy was Flutter Entertainment: 495,135 shares worth $78.2M.
- Mason Morfit added most to Walt Disney in Q1 2024, an estimated $34.7M increase.
- Mason Morfit's biggest Q1 2024 reduction was KKR & Co, cutting an estimated $372M.
- Mason Morfit fully exited Paycom in Q1 2024, selling an estimated $126M.
- Mason Morfit's ten largest holdings make up 98% of its $4.54B portfolio in Q1 2024.
- Mason Morfit opened 1 new position and closed 3 in Q1 2024.
- Mason Morfit's portfolio value fell 9.1% quarter-over-quarter to $4.54B.
Based on ValueAct Holdings's 13F filing for Q1 2024, filed 15 May 2024.