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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
Arbor Rapha Cap Biohlds Corp03881F104CLASS A COM20,975$210.0K<0.1%−3,075−12.8%Reduced–
CEROCero Therapeutics Holdings, Inc.CLASS A COM21,275$213.0K<0.1%−2,775−11.5%ReducedHistory
Lava Medtech Acquisition Cor519345102CLASS A COM41,950$419.0K<0.1%−6,150−12.8%Reduced–
OKLOOklo Inc.COM CL A82,300$803.0K<0.1%−13,700−14.3%ReducedHistory
BCSABlockchain Coinvestors Acquisition Corp. ICLASS A ORD84,100$835.0K<0.1%+84,100NewHistory
CIIG Capital Partners II, Inc.12561U109COM CL A88,551$878.0K<0.1%−13,606−13.3%Reduced–
Beard Energy Transition Acq07402Q101CL A COM105,125$1.04M<0.1%+105,125New–
IQMDIntelligent Medicine Acquisition Corp.CLASS A COM106,893$1.07M<0.1%+10,693+11.1%AddedHistory
Parabellum Acquisition Corp.69901P109COM CL A125,200$1.23M<0.1%−18,800−13.1%Reduced–
DEVSFDevvStream Corp.CLASS A COM125,850$1.25M<0.1%−18,450−12.8%ReducedHistory
Anthemis Digital AcquisitionG03959106CLASS A ORD125,850$1.25M<0.1%−18,450−12.8%Reduced–
RCFAPerception Capital Corp. IVCL A COM127,050$1.26M<0.1%+127,050NewHistory
TCVATCV Acquisition Corp.CL A SHS136,910$1.34M<0.1%−6,040−4.2%ReducedHistory
LF Capital Acquisition Corp. II50202D102CLASS A COM140,326$1.40M<0.1%+140,326New–
OCEAOcean Biomedical, Inc.CLASS A COM144,169$1.46M<0.1%−21,135−12.8%ReducedHistory
Soar Technology Acquisn CorpG82472112CL A COM161,990$1.64M<0.1%−24,922−13.3%Reduced–
NFNTInfinite Acquisition Corp.CL A ORD SHS168,200$1.66M<0.1%+168,200NewHistory
VMG Consumer Acquisition Cor91842V102CLASS A COM168,200$1.67M<0.1%+168,200New–
PHYTPyrophyte Acquisition Corp.CL A ORD SHS167,800$1.67M<0.1%−24,600−12.8%ReducedHistory
Ap Acquisition CorpG04058106CL A ORD SHS176,348$1.76M<0.1%+176,348New–
Ascendant Digital Acq Corp IG05157105CL A COM181,259$1.81M<0.1%+181,259New–
HHLAHH&L Acquisition Co.SHS CL A200,000$1.96M<0.1%+200,000NewHistory
Ares Acquisition CorporationG33032106COM CL A200,000$1.96M<0.1%+200,000New–
Catalyst Partnrs Acquisitn CG19550105CLASS A ORD SHS203,250$1.98M<0.1%−34,750−14.6%Reduced–
Eg Acquisition Corp26846A100COM CL A203,250$1.98M<0.1%−34,750−14.6%Reduced–
LGVCLAMF Global Ventures Corp. ICLASS A ORD207,548$2.06M<0.1%+207,548NewHistory
Ftac Zeus Acquisition Cor30320F106CLASS A COM210,250$2.07M<0.1%+210,250New–
M3-Brigade Acquisition III Corp.55407R103CL A COM209,750$2.09M<0.1%−30,750−12.8%Reduced–
GCT Semiconductor Holding, Inc.20607V106COM CL A210,250$2.09M<0.1%−30,250−12.6%Reduced–
JMACMaxpro Capital Acquisition Corp.CLASS A COM210,028$2.10M<0.1%−30,472−12.7%ReducedHistory
Nabors Energy Transition Cor629567108CL A COM210,250$2.10M<0.1%+210,250New–
Green Visor Fin Tec Acq CorpG4166K100CLASS A ORD210,250$2.10M<0.1%+210,250New–
Hunt Companies AcquisitioG46482108CL ACOM210,250$2.11M<0.1%+210,250New–
CFFSCF Acquisition Corp. VIICLASS A COM220,436$2.19M<0.1%+220,436NewHistory
Lionheart III Corp536262108CLASS A COM220,436$2.19M<0.1%−29,564−11.8%Reduced–
Cactus Acquisition Corp. 1 LtdG1745A108CLASS A ORD225,876$2.25M<0.1%+225,876New–
BMACBlack Mountain Acquisition Corp.CL A COM231,829$2.30M<0.1%−8,671−3.6%ReducedHistory
HERAFTAC Hera Acquisition Corp.CLASS A ORD SHS250,000$2.45M<0.1%+250,000NewHistory
ASPAC I Acquisition Corp.G0542S106CLASS A ORD SHS250,000$2.46M<0.1%+250,000New–
PGSSPegasus Digital Mobility Acquisition Corp.CL A ORD SHS251,700$2.49M<0.1%−36,900−12.8%ReducedHistory
Sanaby Health Acquisition Co79956P102CL A COM251,700$2.52M<0.1%−36,900−12.8%Reduced–
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS266,010$2.61M<0.1%−49,527−15.7%ReducedHistory
FVTFortress Value Acquisition Corp. IIICOM CL A285,134$2.81M<0.1%−49,544−14.8%ReducedHistory
OneMedNet Corp237699103CLASS A COM285,747$2.91M<0.1%−47,921−14.4%Reduced–
TriSalus Life Sciences, Inc.58507N105COM CL A298,368$2.92M<0.1%00.0%Unchanged–
Ahren Acquisition Corp.G01322109CLASS A ORD SHS295,825$2.94M<0.1%+295,825New–
Apeiron Capital Invest Corp03752A101CL A COM294,444$2.94M<0.1%+294,444New–
Counter Press Acquisition CorpG2542B109UNIT 02/07/2027300,000$3.02M<0.1%+300,000New–
Innovative Intl Acqusitin CoG4809M109CLASS A ORD313,025$3.13M<0.1%+313,025New–
Mission Advancement Corp60501L101CL A320,400$3.14M<0.1%−60,750−15.9%Reduced–
Veea Inc.G7134L126CLASS A ORD SHS321,518$3.14M<0.1%−59,970−15.7%Reduced–
ACAHAtlantic Coastal Acquisition Corp.CLASS A COM322,243$3.14M<0.1%+322,243NewHistory
ALORALSP Orchid Acquisition Corp ICLASS A ORD322,884$3.22M<0.1%+322,884NewHistory
Nuburu, Inc.87403Q102COM CL A327,201$3.24M<0.1%−54,399−14.3%Reduced–
Genesis Unicorn Capital Corp.37187C209UNIT 06/30/2026325,000$3.25M<0.1%+325,000New–
PRPBCC Neuberger Principal Holdings IISHS CL A339,324$3.37M<0.1%−63,456−15.8%ReducedHistory
Zeo Energy Corp.G3R95N103SHS CL A341,339$3.42M<0.1%−47,261−12.2%Reduced–
Southland Holdings, Inc.52473Y104COM349,873$3.47M<0.1%−48,770−12.2%Reduced–
APXIAPx Acquisition Corp. ICLASS A ORD SHS352,697$3.52M<0.1%+352,697NewHistory
ROSSBPGC Acquisition Corp.SHS CL A361,650$3.55M<0.1%−67,050−15.6%ReducedHistory
SUACShoulderUP Technology Acquisition Corp.CL A COM362,793$3.58M<0.1%+362,793NewHistory
Parsec Capital Acquisition70184A108CL A358,497$3.58M<0.1%−49,805−12.2%Reduced–
Forest Road Acquisition Cor34619V103CL A399,500$3.90M0.1%−77,000−16.2%Reduced–
Khosla Ventures Acqut Co III482506102COM CL A401,600$3.92M0.1%−74,750−15.7%Reduced–
DUETDUET Acquisition Corp.CLASS A COM400,000$3.96M0.1%+400,000NewHistory
HNR Acquisition Corp40472A201UNIT 99/99/9999400,000$4.02M0.1%+400,000New–
ZFOXZeroFox Holdings, Inc.SHS CL A405,336$4.10M0.1%−72,446−15.2%ReducedHistory
Talon 1 Acquisition CorpG86656108CLASS A ORD409,054$4.11M0.1%+409,054New–
LIVBLIV Capital Acquisition Corp. IICLASS A ORD SHS400,000$4.12M0.1%+400,000NewHistory
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS418,758$4.16M0.1%+418,758NewHistory
Austerlitz Acquisition CorpG0633D109SHS CL A424,358$4.17M0.1%−68,994−14.0%Reduced–
Verde Clean Fuels, Inc.15130M102CLASS A ORD SHS417,243$4.17M0.1%−62,757−13.1%Reduced–
AVHIAchari Ventures Holdings Corp. ICOM419,500$4.17M0.1%−61,500−12.8%ReducedHistory
Syntec Optics Holdings, Inc.68218C108CLASS A COM420,500$4.18M0.1%+420,500New–
Juniper II Corp48203N103CL A COM420,700$4.19M0.1%−60,300−12.5%Reduced–
Tevogen Inc.G8028L107CLASS A ORD420,500$4.20M0.1%+420,500New–
WELIntegrated Wellness Acquisition CorpORD SHS CL A421,946$4.21M0.1%+421,946NewHistory
Vision Sensing Acquisition C92838J103CLASS A COM435,612$4.35M0.1%−60,522−12.2%Reduced–
C5 Acquisition Corporation12530D105CL A COM439,252$4.35M0.1%+439,252New–
FRLAFortune Rise Acquisition CorpCL A433,688$4.35M0.1%−62,398−12.6%ReducedHistory
PRLHPearl Holdings Acquisition CorpCLASS A ORD SHS440,871$4.36M0.1%+440,871NewHistory
VCXB10X Capital Venture Acquisition Corp. IIICL A ORD SHS439,252$4.37M0.1%+439,252NewHistory
BFACBattery Future Acquisition Corp.CL A ORD SHS440,871$4.37M0.1%+440,871NewHistory
HAIAHealthcare AI Acquisition Corp.CLASS A ORD SHS440,871$4.37M0.1%+440,871NewHistory
EVEEVe Mobility Acquisition CorpCL A ORD SHS440,971$4.37M0.1%+440,971NewHistory
Sculptor Acquisition Corp IG7T983103CL A COM440,871$4.37M0.1%+440,871New–
Southport Acquisition Corp84465L105CL A COM440,871$4.38M0.1%+440,871New–
Andretti Acquisition CorpG26735103CL A ORD SHS439,252$4.38M0.1%+439,252New–
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS440,871$4.39M0.1%+440,871New–
Thrive Acquisition CorporatiG7158C101CLASS A ORD441,544$4.42M0.1%−64,456−12.7%Reduced–
Mountain & Co I Acquisitn CoG6301J104CLASS A ORD438,834$4.42M0.1%+438,834New–
Industrial Tech Acqstns II I45635R108CLASS A COM447,311$4.45M0.1%+447,311New–
FutureTech II Acquisition Corp.36119D202UNIT 12/23/2022450,000$4.51M0.1%+450,000New–
Shuaa Partners Acquistn CorpG81173125UNIT 02/24/2027450,000$4.51M0.1%+450,000New–
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS456,220$4.54M0.1%+456,220NewHistory
QT Imaging Holdings, Inc.37519U109COMMON STOCK457,600$4.56M0.1%−70,400−13.3%Reduced–
GMFIAetherium Acquisition CorpCLASS A COM462,651$4.57M0.1%+462,651NewHistory
KKR Acquisition Holding I Co48253T109COM CLASS A475,245$4.67M0.1%−91,599−16.2%Reduced–
SLAMSlam Corp.CL A SHS480,199$4.69M0.1%−92,554−16.2%ReducedHistory
Lead Edge Growth Oprtunts LTG54085108COM480,650$4.70M0.1%−91,050−15.9%Reduced–

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%–