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Sunday, March 16, 2025

Jeff Ubben’s ValueAct Guess On Meta, Visa And Exited Spotify In Q3: Was It A Intelligent Transfer? – Reside Nation Leisure (NYSE:LYV), Salesforce (NYSE:CRM)

ValueAct Holdings, L.P. disclosed its third-quarter portfolio in a 13F submitting with the U.S. Securities and Change Fee on Nov. 14.

What Occurred: The activist hedge fund made vital changes, including shares in Meta Platforms META, Visa Inc. V, and Reside Nation Leisure, Inc. LYV whereas exiting its stake in Spotify Expertise SPOT.

Since then, these investments have seen notable worth modifications. This is a breakdown:

Holdings Inventory Items Share Value on Nov. 14 ($) Value At present ($) Proportion Change Worth on Nov. 14 ($) Worth as of Feb. 5 ($) Features/Losses ($)
Meta 211,500 577.16 710.31 23.06% 122.07 million 150.23 million +28 million
Visa 373,600 308.25 348.22 12.96% 115.16 million 130.09 million +15 million
Reside Nation 1.01 million 129.19 148.44 14.90% 131.08 million 150.61 million +20 million
Spotify (Exited Place) 676,553 477.50 617.89 29.40% 302.76 million 418.04 million +115 million

Since submitting, Reside Nation, Visa, and Meta have all skilled double-digit progress. Spotify recorded the most important rise, although, at 29.40%, regardless of ValueAct’s exit.

See Additionally: Disney Q1 Earnings: Income And EPS Beat, Moana 2 and Mufasa Energy Working Revenue, 700K Drop In Streaming Subscribers

Why It Issues: ValueAct, recognized for its activist funding strategy, sometimes makes use of an event-driven technique to affect company coverage and improve firm worth. CEO Mason Morfit leads the agency, which has constructed a status for a collaborative, constructivist model in comparison with extra confrontational activist funds. A ValueAct spokesperson confirmed to Benzinga that the agency has constructed a $1 billion stake in Meta.

Co-founded by Jeff Ubben in 2000 in San Francisco, ValueAct Capital has an extended historical past of investing in know-how corporations and different progress sectors.

Learn Subsequent:

Picture By way of Shutterstock

Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and printed by Benzinga editors.

Market Information and Information dropped at you by Benzinga APIs

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