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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
CEROCero Therapeutics Holdings, Inc.CLASS A COM24,050$238.0K<0.1%+24,050NewHistory
Arbor Rapha Cap Biohlds Corp03881F104CLASS A COM24,050$239.0K<0.1%+24,050New–
Growth Cap Acquisition Corp39986V107CL A34,148$339.0K<0.1%+34,148New–
Lava Medtech Acquisition Cor519345102CLASS A COM48,100$474.0K<0.1%+48,100New–
OKLOOklo Inc.COM CL A96,000$946.0K<0.1%−4,000−4.0%ReducedHistory
IQMDIntelligent Medicine Acquisition Corp.CLASS A COM96,200$952.0K<0.1%+96,200NewHistory
LAMF Global Ventures Corp. IG5338L116UNIT 11/05/202696,200$966.0K<0.1%+96,200New–
Blockchain Coinvstrs Acq CRPG11765123UNIT 09/01/202696,200$973.0K<0.1%+96,200New–
CIIG Capital Partners II, Inc.12561U109COM CL A102,157$1.01M<0.1%+102,157New–
Beard Energy Transition Acq07402Q200UNIT 99/99/9999120,250$1.22M<0.1%+120,250New–
Parabellum Acquisition Corp.69901P109COM CL A144,000$1.40M<0.1%+144,000New–
TCVATCV Acquisition Corp.CL A SHS142,950$1.41M<0.1%−7,050−4.7%ReducedHistory
Anthemis Digital AcquisitionG03959106CLASS A ORD144,300$1.42M<0.1%+144,300New–
DEVSFDevvStream Corp.CLASS A COM144,300$1.42M<0.1%+144,300NewHistory
RCF Acquisition CorpG7330C128UNIT 99/99/9999144,300$1.46M<0.1%+144,300New–
LF Capital Acquisition Corp. II50202D201UNIT 05/15/2028159,557$1.60M<0.1%+159,557New–
OCEAOcean Biomedical, Inc.CLASS A COM165,304$1.65M<0.1%+165,304NewHistory
Soar Technology Acquisn CorpG82472112CL A COM186,912$1.89M<0.1%+186,912New–
PHYTPyrophyte Acquisition Corp.CL A ORD SHS192,400$1.90M<0.1%+192,400NewHistory
Infinite Acquisition Corp.G48028115UNIT 99/99/9999192,400$1.94M<0.1%+192,400New–
VMG Consumer Acquisition Cor91842V201UNIT 11/08/2026192,400$1.95M<0.1%+192,400New–
Ap Acquisition CorpG04058122UNIT 99/99/9999200,000$2.03M<0.1%+200,000New–
Ascendant Digital Acq Corp IG05157121UNIT 99/99/9999206,800$2.10M<0.1%+206,800New–
CTSUFCactus Acquisition Corp. 1 LtdUNIT 08/17/2028225,876$2.28M<0.1%+225,876NewHistory
Eg Acquisition Corp26846A100COM CL A238,000$2.31M<0.1%−12,000−4.8%Reduced–
Catalyst Partnrs Acquisitn CG19550105CLASS A ORD SHS238,000$2.32M<0.1%−12,000−4.8%Reduced–
BMACBlack Mountain Acquisition Corp.CL A COM240,500$2.36M<0.1%+240,500NewHistory
M3-Brigade Acquisition III Corp.55407R103CL A COM240,500$2.37M<0.1%+240,500New–
GCT Semiconductor Holding, Inc.20607V106COM CL A240,500$2.38M<0.1%+240,500New–
JMACMaxpro Capital Acquisition Corp.CLASS A COM240,500$2.39M<0.1%+240,500NewHistory
Ftac Zeus Acquisition Cor30320F205UNIT 04/15/2026240,500$2.40M<0.1%+240,500New–
NETC.UNabors Energy Transition Corp.UNIT 99/99/9999240,500$2.44M<0.1%+240,500NewHistory
Hunt Companies AcquisitioG46482116UNIT 99/99/9999240,500$2.44M<0.1%+240,500New–
Green Visor Fin Tec Acq CorpG4166K118UNIT 11/08/2026240,500$2.46M<0.1%+240,500New–
Lionheart III Corp536262108CLASS A COM250,000$2.46M<0.1%+250,000New–
CF Acquisition Corp. VII12521H206UNIT 03/16/2028250,000$2.54M<0.1%+250,000New–
PGSSPegasus Digital Mobility Acquisition Corp.CL A ORD SHS288,600$2.83M<0.1%+288,600NewHistory
Sanaby Health Acquisition Co79956P102CL A COM288,600$2.86M<0.1%+288,600New–
Artemis Strategic Invt Corp04303A103COM CL A288,000$2.93M<0.1%+288,000New–
TriSalus Life Sciences, Inc.58507N105COM CL A298,368$2.95M<0.1%−76,632−20.4%Reduced–
Motive Capital CorpG6293A103SHS CL A300,000$2.95M<0.1%+300,000New–
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS315,537$3.08M<0.1%−20,321−6.1%ReducedHistory
FVTFortress Value Acquisition Corp. IIICOM CL A334,678$3.27M<0.1%−15,322−4.4%ReducedHistory
Ahren Acquisition Corp.G01322117UNIT 12/09/2026335,500$3.36M<0.1%+335,500New–
Apeiron Capital Invest Corp03752A200UNIT 99/99/9999333,848$3.37M<0.1%+333,848New–
OneMedNet Corp237699103CLASS A COM333,668$3.37M<0.1%+17,865+5.7%Added–
Innovative Intl Acqusitin CoG4809M117UNIT 10/26/2026356,579$3.59M<0.1%+356,579New–
Alsp Orchid Acquisition CorpG0231L115UNIT 11/30/2028366,189$3.70M0.1%+366,189New–
Mission Advancement Corp60501L101CL A381,150$3.71M0.1%−18,850−4.7%Reduced–
Veea Inc.G7134L126CLASS A ORD SHS381,488$3.71M0.1%−18,512−4.6%Reduced–
Atlantic Coastal Acquistn Co004845310CLASS A COM381,011$3.72M0.1%+381,011New–
Nuburu, Inc.87403Q102COM CL A381,600$3.75M0.1%−18,400−4.6%Reduced–
Athena Consumer Acq Corp04684M106CL A384,800$3.81M0.1%+384,800New–
Zeo Energy Corp.G3R95N103SHS CL A388,600$3.85M0.1%+388,600New–
Southland Holdings, Inc.52473Y104COM398,643$3.96M0.1%+398,643New–
PRPBCC Neuberger Principal Holdings IISHS CL A402,780$3.99M0.1%−19,920−4.7%ReducedHistory
APx Acquisition Corp. IG0440J117UNIT 12/07/2026400,000$4.03M0.1%+400,000New–
Parsec Capital Acquisition70184A108CL A408,302$4.05M0.1%+408,302New–
ShoulderUP Technology Acquisition Corp.82537G203UNIT 99/99/9999413,707$4.18M0.1%+413,707New–
ROSSBPGC Acquisition Corp.SHS CL A428,700$4.18M0.1%−21,300−4.7%ReducedHistory
Infint Acquisition CorpG47862118UNIT 99/99/9999441,174$4.42M0.1%+441,174New–
Aetherium Acquisition Corp00809J200UNIT 12/21/2026450,000$4.50M0.1%+450,000New–
Integrated Wellness Acquisition CorpG4828B126UNIT 99/99/9999450,000$4.54M0.1%+450,000New–
Forest Road Acquisition Cor34619V103CL A476,500$4.64M0.1%−23,500−4.7%Reduced–
Khosla Ventures Acqut Co III482506102COM CL A476,350$4.65M0.1%+476,350New–
Talon 1 Acquisition CorpG86656124UNIT 11/02/2026466,608$4.71M0.1%+466,608New–
AVHIAchari Ventures Holdings Corp. ICOM481,000$4.75M0.1%+481,000NewHistory
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–
CMCUFPiermont Valley Acquisition CorpUNIT 01/01/2026474,921$4.78M0.1%+474,921NewHistory
Austerlitz Acquisition CorpG0633D109SHS CL A493,352$4.79M0.1%−6,648−1.3%Reduced–
ZFOXZeroFox Holdings, Inc.SHS CL A477,782$4.79M0.1%−22,218−4.4%ReducedHistory
Omnilit Acquisition Corp68218C207UNIT 11/08/2026481,000$4.83M0.1%+481,000New–
Juniper II Corp48203N103CL A COM481,000$4.83M0.1%+481,000New–
Tevogen Inc.G8028L123UNIT 11/04/2026481,000$4.84M0.1%+481,000New–
Vision Sensing Acquisition C92838J103CLASS A COM496,134$4.92M0.1%+496,134New–
FRLAFortune Rise Acquisition CorpCL A496,086$4.93M0.1%+496,086NewHistory
Thrive Acquisition CorporatiG7158C101CLASS A ORD506,000$5.00M0.1%+506,000New–
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–
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–
Genesis GRWT Tech Acqustn CoG3R23D110UNIT 99/99/9999500,000$5.03M0.1%+500,000New–
Investcorp Europe AcquisitioG4923T121UNIT 12/15/2026500,000$5.04M0.1%+500,000New–
Mountain & Co I Acquisitn CoG6301J120UNIT 11/04/2026498,100$5.09M0.1%+498,100New–
QT Imaging Holdings, Inc.37519U109COMMON STOCK528,000$5.22M0.1%+528,000New–
GoGreen Investments CorpG9461B101ORD SHS CL A548,645$5.44M0.1%+548,645New–
KKR Acquisition Holding I Co48253T109COM CLASS A566,844$5.52M0.1%−27,956−4.7%Reduced–
SLAMSlam Corp.CL A SHS572,753$5.57M0.1%−28,247−4.7%ReducedHistory
Lead Edge Growth Oprtunts LTG54085108COM571,700$5.58M0.1%−28,300−4.7%Reduced–
Direct Selling Acquisitin Co25460L103CL A COM576,000$5.72M0.1%+576,000New–
Energem CorpG30449113UNIT 11/15/2026570,258$5.79M0.1%+570,258New–
Liberty Res Acquisition Corp53118A204UNIT 10/31/2028565,251$5.81M0.1%+565,251New–
NCACNewcourt Acquisition CorpCLASS A ORD SHS588,600$5.83M0.1%+588,600NewHistory
Vahanna Tech Edge Acqstn I CG9320Z125UNIT 11/22/2026580,103$5.84M0.1%+580,103New–
Crescera Cap Acquisition CorG26507122UNIT 11/18/2026584,800$5.87M0.1%+584,800New–
ROSERose Hill Acquisition CorpCLASS A ORD673,401$6.68M0.1%+673,401NewHistory

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%–