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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 Q1 2022

Holdings as of Mar 31, 2022, filed May 13, 2022. Long positions only; changes compare share counts with Q4 2021.

Institution overview
Positions
169
+34 vs. Q4 2021
Portfolio value
$7.54B
+$327.7M (+4.5%) vs. Q4 2021
Filed
May 13, 2022
SEC
Holdings of Starboard Value in Q1 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
GDDYGoDaddy Inc.CL A8,250,420$690.6M9.2%+1,459,021+21.5%AddedHistory
HUNHuntsman CORPCOM16,517,818$619.6M8.2%−1,508,418−8.4%ReducedHistory
ACMAecomCOM7,096,629$545.1M7.2%−140,000−1.9%ReducedHistory
WTWWillis Towers Watson PLCSHS2,140,868$505.7M6.7%+39,974+1.9%AddedHistory
GENGen Digital Inc.Stock16,704,454$443.0M5.9%00.0%UnchangedHistory
HUMHumana IncStock968,200$421.3M5.6%+968,200NewHistory
ONOn Semiconductor CorpStock6,617,681$414.3M5.5%−950,000−12.6%ReducedHistory
CTVACorteva, Inc.Stock5,996,329$344.7M4.6%−2,904,179−32.6%ReducedHistory
PZZAPapa Johns International IncStock2,759,360$290.5M3.9%00.0%UnchangedHistory
iShares Russell 2000 ETF464287655ETF1,314,380$269.8M3.6%−70,000−5.1%Reduced–
CVLTCommvault Systems IncCOM3,836,525$254.6M3.4%−452,850−10.6%ReducedHistory
CYXTCyxtera Technologies, Inc.COMMON STOCK20,767,571$253.8M3.4%+4,241,256+25.7%AddedHistory
MRCYMercury Systems IncCOM3,583,749$231.0M3.1%+3,583,749NewHistory
CERNCERNER CorpCOM2,257,406$211.2M2.8%−1,169,851−34.1%ReducedHistory
GCPGCP Applied Technologies Inc.COM6,540,000$205.5M2.7%00.0%UnchangedHistory
KSSKOHLS CorpStock3,331,145$201.4M2.7%+3,331,145NewHistory
ACIWAci Worldwide, Inc.Stock6,242,281$196.6M2.6%−2,745,205−30.5%ReducedHistory
ELANElanco Animal Health IncCOM6,900,555$180.0M2.4%−785,000−10.2%ReducedHistory
ENOVEnovis CORPCOM4,108,326$163.5M2.2%+4,108,326NewHistory
LPSNLiveperson IncCOM6,405,000$156.4M2.1%+6,405,000NewHistory
GDOTGreen Dot CorpCL A5,294,110$145.5M1.9%00.0%UnchangedHistory
MDPediatrix Medical Group, Inc.COM5,915,000$138.9M1.8%00.0%UnchangedHistory
MMSIMerit Medical Systems IncCOM867,638$57.7M0.8%−434,514−33.4%ReducedHistory
EHTHeHealth, Inc.COM2,243,117$27.8M0.4%+195,000+9.5%AddedHistory
E Merge Technology Acquisiti26873Y104COM CL A1,446,500$14.3M0.2%+1,446,500New–
IRRXIntegrated Rail & Resources Acquisition CorpCL A COM937,845$9.33M0.1%+937,845NewHistory
Clean Earth Acquisitions Cor184493203UNIT 12/09/2026750,000$7.53M0.1%+750,000New–
Kimbell Tiger Acquisition Co49436K106COM CL A750,000$7.52M0.1%+750,000New–
HCM Acquisition CorpG4365A101CLASS A ORD SHS750,000$7.48M0.1%+750,000New–
PNSTPinstripes Holdings, Inc.CL A COM750,000$7.45M0.1%+750,000NewHistory
KnightSwan Acquisition Corp499103109CL A COM750,000$7.45M0.1%+750,000New–
PPYAPapaya Growth Opportunity Corp. ICLASS A COM750,000$7.45M0.1%+750,000NewHistory
Abpro Holdings, Inc.04845A108CLASS A COM750,000$7.44M0.1%+750,000New–
ONYXOnyx Acquisition Co. ISHS CL A672,800$6.71M0.1%−96,800−12.6%ReducedHistory
WPCBWarburg Pincus Capital Corp I-BSHS CL A676,820$6.65M0.1%−130,452−16.2%ReducedHistory
Burtech Acquisition Corp123013104CLASS A COM661,307$6.54M0.1%+661,307New–
McLaren Technology Acq Corp58176U109CLASS A COM640,936$6.39M0.1%−90,064−12.3%Reduced–
Avalon Acquisition Inc05338E101CLASS A COM640,549$6.38M0.1%−90,451−12.4%Reduced–
Mount Rainier Acquisition Corp.623006103COM637,964$6.37M0.1%+637,964New–
Spindletop Health Acquisitio84854Q103COM CL A636,861$6.34M0.1%−90,339−12.4%Reduced–
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS639,252$6.24M0.1%+639,252New–
Digital Health Acquisition C253893101COMMON STOCK617,219$6.17M0.1%+617,219New–
BIOSBioPlus Acquisition Corp.CLASS A ORD SHS617,220$6.10M0.1%+617,220NewHistory
Bullpen Parlay Acquisition CG1792A100CLASS A ORD SHS617,219$6.09M0.1%+617,219New–
Industrial Human Capital, Inc.45617P104COM594,636$5.96M0.1%−84,423−12.4%Reduced–
Sizzle Acquisition Corp.83014E109COMMON STOCK596,848$5.94M0.1%+596,848New–
ROSERose Hill Acquisition CorpCLASS A ORD588,318$5.89M0.1%−85,083−12.6%ReducedHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS550,000$5.48M0.1%+550,000NewHistory
CITECartica Acquisition CorpCLASS A ORD SHS539,252$5.39M0.1%+539,252NewHistory
NCACNewcourt Acquisition CorpCLASS A ORD SHS516,222$5.17M0.1%−72,378−12.3%ReducedHistory
Roadzen Inc.G9320Z109CLASS A ORD509,330$5.09M0.1%+509,330New–
CRECCrescera Capital Acquisition Corp.CLASS A ORD SHS512,748$5.07M0.1%+512,748NewHistory
Athena Consumer Acq Corp04684M106CL A505,276$5.04M0.1%+120,476+31.3%Added–
Sound Point Acquisition CorpG8274F127UNIT 02/25/2027500,000$5.03M0.1%+500,000New–
Jaguar Global Growth Corp IG5S11A148UNIT 01/01/2027500,000$5.03M0.1%+500,000New–
GTIGraphjet TechnologyCLASS A ORD SHS501,954$5.02M0.1%+501,954NewHistory
VMCUFValuence Merger Corp. IUNIT 02/18/2027500,000$5.01M0.1%+500,000NewHistory
CURRCurrenc Group Inc.CL A ORD SHS500,000$5.00M0.1%+500,000NewHistory
Direct Selling Acquisitin Co25460L103CL A COM499,200$4.99M0.1%−76,800−13.3%Reduced–
IVCBInvest Acquisition CorpCLASS A ORD SHS500,000$4.99M0.1%+500,000NewHistory
Artemis Strategic Invt Corp04303A103COM CL A500,000$4.99M0.1%+212,000+73.6%Added–
LIBYLiberty Resources Acquisition Corp.CLASS A COM498,406$4.98M0.1%+498,406NewHistory
Heartland Media Acquisition Corp.42237V108CL A COM500,000$4.94M0.1%+500,000New–
Altimeter Growth Corp 2G0371B109COM CL A500,000$4.91M0.1%+500,000New–
Nubia Brand International Co67022R202UNIT 99/99/9999489,178$4.89M0.1%+489,178New–
Orion Acquisition Corp68626A108COM CL A500,000$4.88M0.1%+500,000New–
LGVLongview Acquisition Corp. IICOM CL A500,000$4.88M0.1%+500,000NewHistory
GoGreen Investments CorpG9461B101ORD SHS CL A480,069$4.80M0.1%−68,576−12.5%Reduced–
EVGRUEvergreen CorpUNIT 02/08/2027475,000$4.75M0.1%+475,000NewHistory
Lead Edge Growth Oprtunts LTG54085108COM480,650$4.70M0.1%−91,050−15.9%Reduced–
SLAMSlam Corp.CL A SHS480,199$4.69M0.1%−92,554−16.2%ReducedHistory
KKR Acquisition Holding I Co48253T109COM CLASS A475,245$4.67M0.1%−91,599−16.2%Reduced–
GMFIAetherium Acquisition CorpCLASS A COM462,651$4.57M0.1%+462,651NewHistory
QT Imaging Holdings, Inc.37519U109COMMON STOCK457,600$4.56M0.1%−70,400−13.3%Reduced–
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS456,220$4.54M0.1%+456,220NewHistory
Shuaa Partners Acquistn CorpG81173125UNIT 02/24/2027450,000$4.51M0.1%+450,000New–
FutureTech II Acquisition Corp.36119D202UNIT 12/23/2022450,000$4.51M0.1%+450,000New–
Industrial Tech Acqstns II I45635R108CLASS A COM447,311$4.45M0.1%+447,311New–
Mountain & Co I Acquisitn CoG6301J104CLASS A ORD438,834$4.42M0.1%+438,834New–
Thrive Acquisition CorporatiG7158C101CLASS A ORD441,544$4.42M0.1%−64,456−12.7%Reduced–
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS440,871$4.39M0.1%+440,871New–
Andretti Acquisition CorpG26735103CL A ORD SHS439,252$4.38M0.1%+439,252New–
Southport Acquisition Corp84465L105CL A COM440,871$4.38M0.1%+440,871New–
Sculptor Acquisition Corp IG7T983103CL A COM440,871$4.37M0.1%+440,871New–
EVEEVe Mobility Acquisition CorpCL A ORD SHS440,971$4.37M0.1%+440,971NewHistory
HAIAHealthcare AI Acquisition Corp.CLASS A ORD SHS440,871$4.37M0.1%+440,871NewHistory
BFACBattery Future Acquisition Corp.CL A ORD SHS440,871$4.37M0.1%+440,871NewHistory
VCXB10X Capital Venture Acquisition Corp. IIICL A ORD SHS439,252$4.37M0.1%+439,252NewHistory
PRLHPearl Holdings Acquisition CorpCLASS A ORD SHS440,871$4.36M0.1%+440,871NewHistory
FRLAFortune Rise Acquisition CorpCL A433,688$4.35M0.1%−62,398−12.6%ReducedHistory
C5 Acquisition Corporation12530D105CL A COM439,252$4.35M0.1%+439,252New–
Vision Sensing Acquisition C92838J103CLASS A COM435,612$4.35M0.1%−60,522−12.2%Reduced–
WELIntegrated Wellness Acquisition CorpORD SHS CL A421,946$4.21M0.1%+421,946NewHistory
Tevogen Inc.G8028L107CLASS A ORD420,500$4.20M0.1%+420,500New–
Juniper II Corp48203N103CL A COM420,700$4.19M0.1%−60,300−12.5%Reduced–
Syntec Optics Holdings, Inc.68218C108CLASS A COM420,500$4.18M0.1%+420,500New–
AVHIAchari Ventures Holdings Corp. ICOM419,500$4.17M0.1%−61,500−12.8%ReducedHistory
Verde Clean Fuels, Inc.15130M102CLASS A ORD SHS417,243$4.17M0.1%−62,757−13.1%Reduced–
Austerlitz Acquisition CorpG0633D109SHS CL A424,358$4.17M0.1%−68,994−14.0%Reduced–
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS418,758$4.16M0.1%+418,758NewHistory

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 Q1 2022
SecurityClassPutsCalls
iShares Tr464287955PUT$1.54M–

Sold out since Q4 2021 (56)

Positions held at the end of Q4 2021 that are gone from this filing.

Positions of Starboard Value sold out since Q4 2021
SecurityClassShares in Q4 2021Value in Q4 2021% of portfolio in Q4 2021History
MGLNMagellan Health IncCOM NEW2,369,100$225.0M3.1%History
ENOVEnovis CORPCOM3,919,116$180.2M2.5%History
Integrated Rail and Res Acq45827R205UNIT 99/99/99991,065,897$10.7M0.1%–
Burtech Acquisition Corp123013203UNIT 12/10/2026750,000$7.51M0.1%–
Mount Rainier Acquisition Corp.623006202UNIT 11/27/2026725,421$7.38M0.1%–
Digital Health Acquisition C253893200UNIT 11/02/2026700,000$7.17M0.1%–
Bullpen Parlay Acquisition CG1792A126UNIT 12/03/2026700,000$7.00M0.1%–
BioPlus Acquisition Corp.G11217109UNIT 12/02/2026700,000$7.00M0.1%–
Sizzle Acquisition Corp.83014E208UNIT 11/02/2026681,000$6.92M0.1%–
Trebia Acquisition CorpG9027T109COM CL A680,100$6.77M0.1%–
Crescera Cap Acquisition CorG26507122UNIT 11/18/2026584,800$5.87M0.1%–
Vahanna Tech Edge Acqstn I CG9320Z125UNIT 11/22/2026580,103$5.84M0.1%–
Liberty Res Acquisition Corp53118A204UNIT 10/31/2028565,251$5.81M0.1%–
Energem CorpG30449113UNIT 11/15/2026570,258$5.79M0.1%–
Mountain & Co I Acquisitn CoG6301J120UNIT 11/04/2026498,100$5.09M0.1%–
Investcorp Europe AcquisitioG4923T121UNIT 12/15/2026500,000$5.04M0.1%–
Genesis GRWT Tech Acqustn CoG3R23D110UNIT 99/99/9999500,000$5.03M0.1%–
Emerging Markets Horizon CorG3033X113UNIT 99/99/9999500,000$5.00M0.1%–
Eve Mobility Acquisition CorG3218G125UNIT 99/99/9999500,000$5.00M0.1%–
Healthcare AI Acquisition Corp.G4373K125UNIT 12/07/2026500,000$5.00M0.1%–
Sculptor Acquisition Corp IG7T983129UNIT 99/99/9999500,000$5.00M0.1%–
Southport Acquisition Corp84465L204UNIT 99/99/9999500,000$5.00M0.1%–
Battery Future Acquisition CG0888J116UNIT 99/99/9999500,000$5.00M0.1%–
Pearl Holdings Acquisitn CorG44525122UNIT 12/15/2026500,000$5.00M0.1%–
Tevogen Inc.G8028L123UNIT 11/04/2026481,000$4.84M0.1%–
Omnilit Acquisition Corp68218C207UNIT 11/08/2026481,000$4.83M0.1%–
CMCUFPiermont Valley Acquisition CorpUNIT 01/01/2026474,921$4.78M0.1%History
Spartan Acquisition Corp. III84677R106COM CL A482,501$4.76M0.1%–
Talon 1 Acquisition CorpG86656124UNIT 11/02/2026466,608$4.71M0.1%–
Integrated Wellness Acquisition CorpG4828B126UNIT 99/99/9999450,000$4.54M0.1%–
Aetherium Acquisition Corp00809J200UNIT 12/21/2026450,000$4.50M0.1%–
Infint Acquisition CorpG47862118UNIT 99/99/9999441,174$4.42M0.1%–
ShoulderUP Technology Acquisition Corp.82537G203UNIT 99/99/9999413,707$4.18M0.1%–
APx Acquisition Corp. IG0440J117UNIT 12/07/2026400,000$4.03M0.1%–
Atlantic Coastal Acquistn Co004845310CLASS A COM381,011$3.72M0.1%–
Alsp Orchid Acquisition CorpG0231L115UNIT 11/30/2028366,189$3.70M0.1%–
Innovative Intl Acqusitin CoG4809M117UNIT 10/26/2026356,579$3.59M<0.1%–
Apeiron Capital Invest Corp03752A200UNIT 99/99/9999333,848$3.37M<0.1%–
Ahren Acquisition Corp.G01322117UNIT 12/09/2026335,500$3.36M<0.1%–
Motive Capital CorpG6293A103SHS CL A300,000$2.95M<0.1%–
CF Acquisition Corp. VII12521H206UNIT 03/16/2028250,000$2.54M<0.1%–
Green Visor Fin Tec Acq CorpG4166K118UNIT 11/08/2026240,500$2.46M<0.1%–
NETC.UNabors Energy Transition Corp.UNIT 99/99/9999240,500$2.44M<0.1%History
Hunt Companies AcquisitioG46482116UNIT 99/99/9999240,500$2.44M<0.1%–
Ftac Zeus Acquisition Cor30320F205UNIT 04/15/2026240,500$2.40M<0.1%–
CTSUFCactus Acquisition Corp. 1 LtdUNIT 08/17/2028225,876$2.28M<0.1%History
Ascendant Digital Acq Corp IG05157121UNIT 99/99/9999206,800$2.10M<0.1%–
Ap Acquisition CorpG04058122UNIT 99/99/9999200,000$2.03M<0.1%–
VMG Consumer Acquisition Cor91842V201UNIT 11/08/2026192,400$1.95M<0.1%–
Infinite Acquisition Corp.G48028115UNIT 99/99/9999192,400$1.94M<0.1%–
LF Capital Acquisition Corp. II50202D201UNIT 05/15/2028159,557$1.60M<0.1%–
RCF Acquisition CorpG7330C128UNIT 99/99/9999144,300$1.46M<0.1%–
Beard Energy Transition Acq07402Q200UNIT 99/99/9999120,250$1.22M<0.1%–
Blockchain Coinvstrs Acq CRPG11765123UNIT 09/01/202696,200$973.0K<0.1%–
LAMF Global Ventures Corp. IG5338L116UNIT 11/05/202696,200$966.0K<0.1%–
Growth Cap Acquisition Corp39986V107CL A34,148$339.0K<0.1%–