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Jeffrey Ubben's ValueAct Holdings reduced its LLYVA position by 56%, from 2.85% to 1.41% of the portfolio.

Now holds 785,119 shares worth $79.5M.
Published · Based on SEC filings

Low impact
Major trim
2026 Q2

Jeffrey Ubben's ValueAct Holdings reduced its Liberty Live Holdings, Inc Series A Liberty Live Group (LLYVA) position by 56% in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The stake went from 1.78M to 785K shares, worth about $79.5M, and from 2.85% to 1.41% of the reported portfolio.

What did the 2026 Q2 filing report for LLYVA?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 1.78M 785K
Shares sold -992K (56%)
Reported value $162.9M $79.5M
Portfolio weight 2.85% 1.41%
Rank in portfolio 14th of 18

How much did Jeffrey Ubben cut LLYVA?

Jeffrey Ubben sold 992K shares of LLYVA during 2026 Q2, cutting the stake from 1.78M to 785K. The reported value of the position fell by about $83.4M, from about $162.9M to about $79.5M.

Where does LLYVA sit in the Jeffrey Ubben portfolio?

LLYVA ranks 14th of 18 stock positions in the Jeffrey Ubben portfolio at 1.41%, below the fund's average stock position of 6%. The LLYVA cut was the 7th largest of the quarter's 15 position changes by percent change to portfolio. The largest stock position is V at 14.1%. Next come AMZN at 12.44% and RKT at 11.65%. The three largest stocks together are 38.19% of the book. Across the 2026 Q2 portfolio, Jeffrey Ubben reported 18 stock positions, with 1 opened and 1 closed. The total portfolio value is about $5.6B, down 1% from the prior quarter.

Jeffrey Ubben buys and sells, 2026 Q2

How long has Jeffrey Ubben held LLYVA?

Jeffrey Ubben first reported LLYVA in the quarter ended September 30, 2024. The weight peaked at 2.85% in 2026 Q1. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 1%. Every reported trade is on the Jeffrey Ubben LLYVA trade history page.

Jeffrey Ubben shares of LLYVA by quarter

FAQ

How many LLYVA shares did Jeffrey Ubben sell in 2026 Q2?

Jeffrey Ubben sold 992K shares of LLYVA, 56% of the position, leaving 785K shares.

What remains of the LLYVA position of Jeffrey Ubben?

Jeffrey Ubben still holds 785K shares of LLYVA, worth about $79.5M at June 30, 2026 prices.

How much of the Jeffrey Ubben portfolio is LLYVA now?

LLYVA is 1.41% of the Jeffrey Ubben portfolio, down from 2.85% a quarter earlier.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst