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 |
Toast
TOST
|
+$392M |
| 2 |
Roblox
RBLX
|
+$327M |
| 3 |
Walt Disney
DIS
|
+$122M |
| 4 |
Meta Platforms (Facebook)
META
|
+$109M |
| 5 |
Visa
V
|
+$101M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Spotify
SPOT
|
+$212M |
| 2 |
FISV
Fiserv Inc
FISV
|
+$165M |
| 3 |
KKR & Co
KKR
|
+$127M |
| 4 |
Expedia Group
EXPE
|
+$107M |
| 5 |
New York Times
NYT
|
+$68.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 54.52% |
| 2 | Communication Services | 34.31% |
| 3 | Consumer Discretionary | 8.82% |
| 4 | Financials | 2.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Salesforce
CRM
$171B
| $1.07B | 24.49% |
3,914,309
| – | – |
|
2
Insight Enterprises
NSIT
$4.33B
| $875M | 20% |
4,061,739
| – | – |
|
|
3
Walt Disney
DIS
$186B
| $718M | 16.42% |
7,464,831
+1,331,200
| +22% | +$122M |
|
|
4
Roblox
RBLX
$27.4B
| $449M | 10.26% |
10,135,921
+7,835,921
| +341% | +$327M |
|
|
5
Toast
TOST
$21.2B
| $438M | 10.02% |
+15,482,200
| New | +$392M |
|
|
6
Expedia Group
EXPE
$38.6B
| $386M | 8.82% |
2,607,606
-806,962
| -24% | -$107M |
|
|
7
Meta Platforms (Facebook)
META
$1.4T
| $121M | 2.77% |
+211,500
| New | +$109M |
|
8
Live Nation Entertainment
LYV
$42.4B
| $111M | 2.54% |
+1,014,650
| New | +$98.1M |
|
|
9
Visa
V
$693B
| $103M | 2.35% |
+373,600
| New | +$101M |
|
10
Liberty Live Group Series C
LLYVK
$9.7B
| $68.7M | 1.57% |
+1,337,500
| New | +$53.5M |
|
|
11
Liberty Live Group Series A
LLYVA
$9.36B
| $33.3M | 0.76% |
+671,800
| New | +$26.2M |
|
|
FISV
12
Fiserv Inc
FISV
$28B
| – | – |
-1,103,759
| Closed | -$165M |
|
|
13
KKR & Co
KKR
$97.4B
| – | – |
-1,207,208
| Closed | -$127M |
|
|
14
New York Times
NYT
$10.6B
| – | – |
-1,344,392
| Closed | -$68.8M |
|
|
15
Spotify
SPOT
$110B
| – | – |
-676,553
| Closed | -$212M |
|
16
Flutter Entertainment
FLUT
$17.8B
| – | – |
-323,235
| Closed | -$46.8M |
|
Similar funds
Mason Morfit's Q3 2024 Portfolio in Review
As of Q3 2024, Mason Morfit held 16 positions worth $4.37B, up 23% from $3.56B the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Mason Morfit deployed $503M of net new capital in Q3 2024, opening 6 new positions and adding to 2 existing holdings. Its largest new stake was Toast: 15,482,200 shares worth $438M.
By sector, the portfolio is most concentrated in Technology at 55% of assets, down from 56% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Expedia Group, an estimated $107M trimmed.
- Mason Morfit's largest Q3 2024 buy was Toast: 15,482,200 shares worth $438M.
- Mason Morfit added most to Roblox in Q3 2024, an estimated $327M increase.
- Mason Morfit's biggest Q3 2024 reduction was Expedia Group, cutting an estimated $107M.
- Mason Morfit fully exited Spotify in Q3 2024, selling an estimated $212M.
- Mason Morfit's ten largest holdings make up 99% of its $4.37B portfolio in Q3 2024.
- Mason Morfit opened 6 new positions and closed 5 in Q3 2024.
- Mason Morfit's portfolio value rose 23% quarter-over-quarter to $4.37B.
Based on ValueAct Holdings's 13F filing for Q3 2024, filed 14 Nov 2024.