ValueAct Holdings decreased its stake in Meta Platforms (NASDAQ:META), Visa (NYSE:V) and Disney (NYSE:DIS) in Q2, while the activist hedge fund piled up shares in e-commerce giant Amazon (NASDAQ:AMZN).
San Francisco-based ValueAct disclosed the information in its latest 13F filing, which was published on Thursday.
During the quarter, the hedge fund increased its position in Amazon to 3.87 million shares from 563,100 shares. Similarly, it boosted its stake in mortgage originator Rocket Companies (RKT) to 15.13 million shares from 6.73 million shares.
According to the filing, the fund took a new stake of 1.41 million shares in Simpson Manufacturing (SSD) and 690,500 shares of MongoDB (MDB). It also opened new positions in Mr. Cooper Group (COOP), CBRE Group (CBRE) and CCC Intelligent Solutions (CCCS).
Meanwhile, it now holds 5.09 million shares in Disney, compared to 6.57 million shares, while it lowered stakes on Meta Class A to 0.62 million shares from 1.01 million, the filing showed.
More on 13F
- Corvex Management starts new position in Oracle, piled up on Amazon in Q2 moves
- Bridgewater Associates adds ARM Holdings, exits Alibaba among top Q2 trades
- Jana Partners exits Fidelity National Information, adds Wex among other Q2 moves
- Soros Capital bets on South Korea and chips, withdraws from Brazil in Q2 trades
- Philippe Laffont’s Coatue takes new stake in Oracle, exists Super Micro amid Q2 trades