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Livermore
Livermore
ZHEN

Starboard Value

Superinvestor

Starboard Value LP

SEC CIK
0001517137
Manager
Jeff Smith
Style
Activist
Latest filing
Aug 14, 2026

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 14, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
135
+77 vs. Q3 2021
Portfolio value
$7.21B
+$1.76B (+32.2%) vs. Q3 2021
Filed
Feb 14, 2022
SEC
Holdings of Starboard Value in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
HUNHuntsman CORPCOM18,026,236$628.8M8.7%+6,428,092+55.4%AddedHistory
GDDYGoDaddy Inc.CL A6,791,399$576.3M8.0%+6,791,399NewHistory
ACMAecomCOM7,236,629$559.8M7.8%−95,341−1.3%ReducedHistory
ONOn Semiconductor CorpStock7,567,681$514.0M7.1%−770,000−9.2%ReducedHistory
WTWWillis Towers Watson PLCSHS2,100,894$498.9M6.9%+2,100,894NewHistory
GENGen Digital Inc.Stock16,704,454$434.0M6.0%00.0%UnchangedHistory
CTVACorteva, Inc.Stock8,900,508$420.8M5.8%−291,322−3.2%ReducedHistory
PZZAPapa Johns International IncStock2,759,360$368.3M5.1%00.0%UnchangedHistory
CERNCERNER CorpCOM3,427,257$318.3M4.4%+181,146+5.6%AddedHistory
ACIWAci Worldwide, Inc.Stock8,987,486$311.9M4.3%00.0%UnchangedHistory
iShares Russell 2000 ETF464287655ETF1,384,380$308.0M4.3%−113,620−7.6%Reduced–
CVLTCommvault Systems IncCOM4,289,375$295.6M4.1%+210,000+5.1%AddedHistory
MGLNMagellan Health IncCOM NEW2,369,100$225.0M3.1%00.0%UnchangedHistory
ELANElanco Animal Health IncCOM7,685,555$218.1M3.0%+373,843+5.1%AddedHistory
CYXTCyxtera Technologies, Inc.COMMON STOCK16,526,315$208.4M2.9%00.0%UnchangedHistory
GCPGCP Applied Technologies Inc.COM6,540,000$207.1M2.9%00.0%UnchangedHistory
GDOTGreen Dot CorpCL A5,294,110$191.9M2.7%00.0%UnchangedHistory
ENOVEnovis CORPCOM3,919,116$180.2M2.5%+3,919,116NewHistory
MDPediatrix Medical Group, Inc.COM5,915,000$160.9M2.2%00.0%UnchangedHistory
MMSIMerit Medical Systems IncCOM1,302,152$81.1M1.1%−2,239,448−63.2%ReducedHistory
EHTHeHealth, Inc.COM2,048,117$52.2M0.7%00.0%UnchangedHistory
Integrated Rail and Res Acq45827R205UNIT 99/99/99991,065,897$10.7M0.1%+1,065,897New–
WPCBWarburg Pincus Capital Corp I-BSHS CL A807,272$7.88M0.1%−39,813−4.7%ReducedHistory
ONYXOnyx Acquisition Co. ISHS CL A769,600$7.63M0.1%+769,600NewHistory
Burtech Acquisition Corp123013203UNIT 12/10/2026750,000$7.51M0.1%+750,000New–
Mount Rainier Acquisition Corp.623006202UNIT 11/27/2026725,421$7.38M0.1%+725,421New–
McLaren Technology Acq Corp58176U109CLASS A COM731,000$7.25M0.1%+731,000New–
Avalon Acquisition Inc05338E101CLASS A COM731,000$7.22M0.1%+731,000New–
Digital Health Acquisition C253893200UNIT 11/02/2026700,000$7.17M0.1%+700,000New–
Bullpen Parlay Acquisition CG1792A126UNIT 12/03/2026700,000$7.00M0.1%+700,000New–
BioPlus Acquisition Corp.G11217109UNIT 12/02/2026700,000$7.00M0.1%+700,000New–
Spindletop Health Acquisitio84854Q103COM CL A727,200$6.95M0.1%+727,200New–
Sizzle Acquisition Corp.83014E208UNIT 11/02/2026681,000$6.92M0.1%+681,000New–
Trebia Acquisition CorpG9027T109COM CL A680,100$6.77M0.1%+230,100+51.1%Added–
Industrial Human Capital, Inc.45617P104COM679,059$6.74M0.1%+679,059New–
ROSERose Hill Acquisition CorpCLASS A ORD673,401$6.68M0.1%+673,401NewHistory
Crescera Cap Acquisition CorG26507122UNIT 11/18/2026584,800$5.87M0.1%+584,800New–
Vahanna Tech Edge Acqstn I CG9320Z125UNIT 11/22/2026580,103$5.84M0.1%+580,103New–
NCACNewcourt Acquisition CorpCLASS A ORD SHS588,600$5.83M0.1%+588,600NewHistory
Liberty Res Acquisition Corp53118A204UNIT 10/31/2028565,251$5.81M0.1%+565,251New–
Energem CorpG30449113UNIT 11/15/2026570,258$5.79M0.1%+570,258New–
Direct Selling Acquisitin Co25460L103CL A COM576,000$5.72M0.1%+576,000New–
Lead Edge Growth Oprtunts LTG54085108COM571,700$5.58M0.1%−28,300−4.7%Reduced–
SLAMSlam Corp.CL A SHS572,753$5.57M0.1%−28,247−4.7%ReducedHistory
KKR Acquisition Holding I Co48253T109COM CLASS A566,844$5.52M0.1%−27,956−4.7%Reduced–
GoGreen Investments CorpG9461B101ORD SHS CL A548,645$5.44M0.1%+548,645New–
QT Imaging Holdings, Inc.37519U109COMMON STOCK528,000$5.22M0.1%+528,000New–
Mountain & Co I Acquisitn CoG6301J120UNIT 11/04/2026498,100$5.09M0.1%+498,100New–
Investcorp Europe AcquisitioG4923T121UNIT 12/15/2026500,000$5.04M0.1%+500,000New–
Genesis GRWT Tech Acqustn CoG3R23D110UNIT 99/99/9999500,000$5.03M0.1%+500,000New–
Emerging Markets Horizon CorG3033X113UNIT 99/99/9999500,000$5.00M0.1%+500,000New–
Eve Mobility Acquisition CorG3218G125UNIT 99/99/9999500,000$5.00M0.1%+500,000New–
Healthcare AI Acquisition Corp.G4373K125UNIT 12/07/2026500,000$5.00M0.1%+500,000New–
Sculptor Acquisition Corp IG7T983129UNIT 99/99/9999500,000$5.00M0.1%+500,000New–
Southport Acquisition Corp84465L204UNIT 99/99/9999500,000$5.00M0.1%+500,000New–
Battery Future Acquisition CG0888J116UNIT 99/99/9999500,000$5.00M0.1%+500,000New–
Pearl Holdings Acquisitn CorG44525122UNIT 12/15/2026500,000$5.00M0.1%+500,000New–
Thrive Acquisition CorporatiG7158C101CLASS A ORD506,000$5.00M0.1%+506,000New–
FRLAFortune Rise Acquisition CorpCL A496,086$4.93M0.1%+496,086NewHistory
Vision Sensing Acquisition C92838J103CLASS A COM496,134$4.92M0.1%+496,134New–
Tevogen Inc.G8028L123UNIT 11/04/2026481,000$4.84M0.1%+481,000New–
Juniper II Corp48203N103CL A COM481,000$4.83M0.1%+481,000New–
Omnilit Acquisition Corp68218C207UNIT 11/08/2026481,000$4.83M0.1%+481,000New–
ZFOXZeroFox Holdings, Inc.SHS CL A477,782$4.79M0.1%−22,218−4.4%ReducedHistory
Austerlitz Acquisition CorpG0633D109SHS CL A493,352$4.79M0.1%−6,648−1.3%Reduced–
CMCUFPiermont Valley Acquisition CorpUNIT 01/01/2026474,921$4.78M0.1%+474,921NewHistory
Spartan Acquisition Corp. III84677R106COM CL A482,501$4.76M0.1%+482,501New–
Verde Clean Fuels, Inc.15130M102CLASS A ORD SHS480,000$4.76M0.1%+480,000New–
AVHIAchari Ventures Holdings Corp. ICOM481,000$4.75M0.1%+481,000NewHistory
Talon 1 Acquisition CorpG86656124UNIT 11/02/2026466,608$4.71M0.1%+466,608New–
Khosla Ventures Acqut Co III482506102COM CL A476,350$4.65M0.1%+476,350New–
Forest Road Acquisition Cor34619V103CL A476,500$4.64M0.1%−23,500−4.7%Reduced–
Integrated Wellness Acquisition CorpG4828B126UNIT 99/99/9999450,000$4.54M0.1%+450,000New–
Aetherium Acquisition Corp00809J200UNIT 12/21/2026450,000$4.50M0.1%+450,000New–
Infint Acquisition CorpG47862118UNIT 99/99/9999441,174$4.42M0.1%+441,174New–
Ross Acquisition Corp IIG7641C106SHS CL A428,700$4.18M0.1%−21,300−4.7%Reduced–
ShoulderUP Technology Acquisition Corp.82537G203UNIT 99/99/9999413,707$4.18M0.1%+413,707New–
Parsec Capital Acquisition70184A108CL A408,302$4.05M0.1%+408,302New–
APx Acquisition Corp. IG0440J117UNIT 12/07/2026400,000$4.03M0.1%+400,000New–
PRPBCC Neuberger Principal Holdings IISHS CL A402,780$3.99M0.1%−19,920−4.7%ReducedHistory
Southland Holdings, Inc.52473Y104COM398,643$3.96M0.1%+398,643New–
Zeo Energy Corp.G3R95N103SHS CL A388,600$3.85M0.1%+388,600New–
Athena Consumer Acq Corp04684M106CL A384,800$3.81M0.1%+384,800New–
Nuburu, Inc.87403Q102COM CL A381,600$3.75M0.1%−18,400−4.6%Reduced–
Atlantic Coastal Acquistn Co004845310CLASS A COM381,011$3.72M0.1%+381,011New–
Veea Inc.G7134L126CLASS A ORD SHS381,488$3.71M0.1%−18,512−4.6%Reduced–
Mission Advancement Corp60501L101CL A381,150$3.71M0.1%−18,850−4.7%Reduced–
Alsp Orchid Acquisition CorpG0231L115UNIT 11/30/2028366,189$3.70M0.1%+366,189New–
Innovative Intl Acqusitin CoG4809M117UNIT 10/26/2026356,579$3.59M<0.1%+356,579New–
OneMedNet Corp237699103CLASS A COM333,668$3.37M<0.1%+17,865+5.7%Added–
Apeiron Capital Invest Corp03752A200UNIT 99/99/9999333,848$3.37M<0.1%+333,848New–
Ahren Acquisition Corp.G01322117UNIT 12/09/2026335,500$3.36M<0.1%+335,500New–
FVTFortress Value Acquisition Corp. IIICOM CL A334,678$3.27M<0.1%−15,322−4.4%ReducedHistory
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS315,537$3.08M<0.1%−20,321−6.1%ReducedHistory
Motive Capital CorpG6293A103SHS CL A300,000$2.95M<0.1%+300,000New–
TriSalus Life Sciences, Inc.58507N105COM CL A298,368$2.95M<0.1%−76,632−20.4%Reduced–
Artemis Strategic Invt Corp04303A103COM CL A288,000$2.93M<0.1%+288,000New–
Sanaby Health Acquisition Co79956P102CL A COM288,600$2.86M<0.1%+288,600New–
PGSSPegasus Digital Mobility Acquisition Corp.CL A ORD SHS288,600$2.83M<0.1%+288,600NewHistory
CF Acquisition Corp. VII12521H206UNIT 03/16/2028250,000$2.54M<0.1%+250,000New–

Options (1)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Starboard Value in Q4 2021
SecurityClassPutsCalls
iShares Russell 2000 ETF464287655ETF$2.50M–

Sold out since Q3 2021 (19)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Starboard Value sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
BOXBox IncCL A12,213,663$289.1M5.3%History
SCORComscore, Inc.COM2,419,550$9.44M0.2%History
Direct Selling Acquisitin Co25460L202UNIT 99/99/9999600,000$6.05M0.1%–
Gigcapital 5 Inc37519U208UNIT 99/99/9999550,000$5.65M0.1%–
Verde Clean Fuels, Inc.15130M201UNIT 02/04/2026500,000$5.03M0.1%–
Altimar Acquisition Corp IIG03709105SHS CL A500,000$4.92M0.1%–
Khosla Ventures Acqustn Co I482505104COM CL A500,000$4.90M0.1%–
SWBKSwitchback II CorpCOM CL A450,000$4.48M0.1%History
890 5th Ave Partners Inc28250A105COM CL A450,000$4.46M0.1%–
VPC Impact Acqu Holdi III IN91835J108COM CL A450,000$4.46M0.1%–
ACAHAtlantic Coastal Acquisition Corp.CLASS A COM400,000$3.88M0.1%History
Artemis Strategic Invt Corp04303A202UNIT 09/30/2026300,000$3.01M0.1%–
Mountain Crest Acqustn Corp62402D105COM300,000$2.99M0.1%–
Hennessy Capital Invs Corp V42589T107COM CL A300,000$2.96M0.1%–
Soar Technology Acquisn CorpG82472104UNIT 99/99/9999194,700$1.98M<0.1%–
iShares Russell Midcap ETF464287499ETF25,000$1.96M<0.1%–
Parabellum Acquisition Corp.69901P208UNIT 99/99/9999150,000$1.50M<0.1%–
DDMXCodere Online U.S. Corp.COM CL A148,682$1.47M<0.1%History
CIIG Capital Partners II, Inc.12561U208UNIT 02/28/2028103,504$1.04M<0.1%–