Activist investor ValueAct Capital trimmed its position in construction products company Simpson Manufacturing (SSD) by 40.59% during the second quarter of 2026. According to a quarterly disclosure filed with the SEC, the firm's stake was reduced from 1.40 million shares to approximately 830,640 shares. This transaction occurred between April and June 2026, though it was just made public in an August 14th filing.
The reported value of ValueAct's holding in Simpson Manufacturing decreased from $239.93 million to $173.89 million. Following the reduction, Simpson Manufacturing now constitutes an estimated 3.09% of ValueAct's reported portfolio, down from 4.20% in the previous quarter. No public statements from ValueAct regarding the motive for this trade have been identified.