ValueAct Capital

NewPAYP0.5% of the bookAddedRKT47.7% more sharesAddedCBRE323% more sharesAddedSPOT47.0% more sharesAddedTOST9.6% more sharesTrimmedMDB84.0% fewer shares

Holdings as of Jun 30 (Q2 2026), filed 45 days later (the report at the SEC)

NewKKR5.3% of the bookNewSPOT3.0% of the bookNewWIX1.6% of the bookAddedV34.8% more sharesAddedTOST60.9% more sharesTrimmedDIS87.0% fewer shares

Holdings as of Mar 31 (Q1 2026), filed 45 days later (the report at the SEC)

NewBLK10.6% of the bookNewLLYVK4.3% of the bookNewLLYVA2.1% of the bookAddedRKT55.1% more sharesAddedMETA36.3% more sharesAddedTOST136% more shares

Holdings as of Dec 31 (Q4 2025), filed 48 days later (the report at the SEC)

NewTOST2.1% of the bookAddedMDB207% more sharesAddedRKT67.9% more sharesAddedV25.8% more sharesAddedMETA23.3% more sharesTrimmedAMZN9.6% fewer shares

Holdings as of Sep 30 (Q3 2025), filed 45 days later (the report at the SEC)

NewSSD3.9% of the bookNewMDB2.6% of the bookNewMr Cooper Group Inc2.4% of the bookNewCBRE1.5% of the bookAddedAMZN588% more sharesAddedRKT125% more shares

Holdings as of Jun 30 (Q2 2025), filed 45 days later (the report at the SEC)

NewRKT1.8% of the bookNewNU0.8% of the bookAddedMETA380% more sharesAddedV251% more sharesAddedLiberty Media Corp Del23.2% more sharesAddedLiberty Media Corp Del30.8% more shares

Holdings as of Mar 31 (Q1 2025), filed 45 days later (the report at the SEC)