What Jeffrey Ubben et al bought and sold in Q1 2025

In Q1 2025, Jeffrey Ubben et al (ValueAct Holdings, L.P.) opened 2 new positions — including RKT (1.8%), NU (0.8%), added to 4, trimmed 2. The book stood at $4.58B across 14 positions, filed May 15, 2025.

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.