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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
EVGRUEvergreen CorpUNIT 02/08/2027475,000$4.75M0.1%+475,000NewHistory
GoGreen Investments CorpG9461B101ORD SHS CL A480,069$4.80M0.1%−68,576−12.5%Reduced–
LGVLongview Acquisition Corp. IICOM CL A500,000$4.88M0.1%+500,000NewHistory
Orion Acquisition Corp68626A108COM CL A500,000$4.88M0.1%+500,000New–
Nubia Brand International Co67022R202UNIT 99/99/9999489,178$4.89M0.1%+489,178New–
Altimeter Growth Corp 2G0371B109COM CL A500,000$4.91M0.1%+500,000New–
Heartland Media Acquisition Corp.42237V108CL A COM500,000$4.94M0.1%+500,000New–
LIBYLiberty Resources Acquisition Corp.CLASS A COM498,406$4.98M0.1%+498,406NewHistory
Artemis Strategic Invt Corp04303A103COM CL A500,000$4.99M0.1%+212,000+73.6%Added–
IVCBInvest Acquisition CorpCLASS A ORD SHS500,000$4.99M0.1%+500,000NewHistory
Direct Selling Acquisitin Co25460L103CL A COM499,200$4.99M0.1%−76,800−13.3%Reduced–
CURRCurrenc Group Inc.CL A ORD SHS500,000$5.00M0.1%+500,000NewHistory
VMCUFValuence Merger Corp. IUNIT 02/18/2027500,000$5.01M0.1%+500,000NewHistory
GTIGraphjet TechnologyCLASS A ORD SHS501,954$5.02M0.1%+501,954NewHistory
Jaguar Global Growth Corp IG5S11A148UNIT 01/01/2027500,000$5.03M0.1%+500,000New–
Sound Point Acquisition CorpG8274F127UNIT 02/25/2027500,000$5.03M0.1%+500,000New–
Athena Consumer Acq Corp04684M106CL A505,276$5.04M0.1%+120,476+31.3%Added–
CRECCrescera Capital Acquisition Corp.CLASS A ORD SHS512,748$5.07M0.1%+512,748NewHistory
Roadzen Inc.G9320Z109CLASS A ORD509,330$5.09M0.1%+509,330New–
NCACNewcourt Acquisition CorpCLASS A ORD SHS516,222$5.17M0.1%−72,378−12.3%ReducedHistory
CITECartica Acquisition CorpCLASS A ORD SHS539,252$5.39M0.1%+539,252NewHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS550,000$5.48M0.1%+550,000NewHistory
ROSERose Hill Acquisition CorpCLASS A ORD588,318$5.89M0.1%−85,083−12.6%ReducedHistory
Sizzle Acquisition Corp.83014E109COMMON STOCK596,848$5.94M0.1%+596,848New–
Industrial Human Capital, Inc.45617P104COM594,636$5.96M0.1%−84,423−12.4%Reduced–
Bullpen Parlay Acquisition CG1792A100CLASS A ORD SHS617,219$6.09M0.1%+617,219New–
BIOSBioPlus Acquisition Corp.CLASS A ORD SHS617,220$6.10M0.1%+617,220NewHistory
Digital Health Acquisition C253893101COMMON STOCK617,219$6.17M0.1%+617,219New–
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS639,252$6.24M0.1%+639,252New–
Spindletop Health Acquisitio84854Q103COM CL A636,861$6.34M0.1%−90,339−12.4%Reduced–
Mount Rainier Acquisition Corp.623006103COM637,964$6.37M0.1%+637,964New–
Avalon Acquisition Inc05338E101CLASS A COM640,549$6.38M0.1%−90,451−12.4%Reduced–
McLaren Technology Acq Corp58176U109CLASS A COM640,936$6.39M0.1%−90,064−12.3%Reduced–
Burtech Acquisition Corp123013104CLASS A COM661,307$6.54M0.1%+661,307New–
WPCBWarburg Pincus Capital Corp I-BSHS CL A676,820$6.65M0.1%−130,452−16.2%ReducedHistory
ONYXOnyx Acquisition Co. ISHS CL A672,800$6.71M0.1%−96,800−12.6%ReducedHistory
Abpro Holdings, Inc.04845A108CLASS A COM750,000$7.44M0.1%+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
HCM Acquisition CorpG4365A101CLASS A ORD SHS750,000$7.48M0.1%+750,000New–
Kimbell Tiger Acquisition Co49436K106COM CL A750,000$7.52M0.1%+750,000New–
Clean Earth Acquisitions Cor184493203UNIT 12/09/2026750,000$7.53M0.1%+750,000New–
IRRXIntegrated Rail & Resources Acquisition CorpCL A COM937,845$9.33M0.1%+937,845NewHistory
E Merge Technology Acquisiti26873Y104COM CL A1,446,500$14.3M0.2%+1,446,500New–
EHTHeHealth, Inc.COM2,243,117$27.8M0.4%+195,000+9.5%AddedHistory
MMSIMerit Medical Systems IncCOM867,638$57.7M0.8%−434,514−33.4%ReducedHistory
MDPediatrix Medical Group, Inc.COM5,915,000$138.9M1.8%00.0%UnchangedHistory
GDOTGreen Dot CorpCL A5,294,110$145.5M1.9%00.0%UnchangedHistory
LPSNLiveperson IncCOM6,405,000$156.4M2.1%+6,405,000NewHistory
ENOVEnovis CORPCOM4,108,326$163.5M2.2%+4,108,326NewHistory
ELANElanco Animal Health IncCOM6,900,555$180.0M2.4%−785,000−10.2%ReducedHistory
ACIWAci Worldwide, Inc.Stock6,242,281$196.6M2.6%−2,745,205−30.5%ReducedHistory
KSSKOHLS CorpStock3,331,145$201.4M2.7%+3,331,145NewHistory
GCPGCP Applied Technologies Inc.COM6,540,000$205.5M2.7%00.0%UnchangedHistory
CERNCERNER CorpCOM2,257,406$211.2M2.8%−1,169,851−34.1%ReducedHistory
MRCYMercury Systems IncCOM3,583,749$231.0M3.1%+3,583,749NewHistory
CYXTCyxtera Technologies, Inc.COMMON STOCK20,767,571$253.8M3.4%+4,241,256+25.7%AddedHistory
CVLTCommvault Systems IncCOM3,836,525$254.6M3.4%−452,850−10.6%ReducedHistory
iShares Russell 2000 ETF464287655ETF1,314,380$269.8M3.6%−70,000−5.1%Reduced–
PZZAPapa Johns International IncStock2,759,360$290.5M3.9%00.0%UnchangedHistory
CTVACorteva, Inc.Stock5,996,329$344.7M4.6%−2,904,179−32.6%ReducedHistory
ONOn Semiconductor CorpStock6,617,681$414.3M5.5%−950,000−12.6%ReducedHistory
HUMHumana IncStock968,200$421.3M5.6%+968,200NewHistory
GENGen Digital Inc.Stock16,704,454$443.0M5.9%00.0%UnchangedHistory
WTWWillis Towers Watson PLCSHS2,140,868$505.7M6.7%+39,974+1.9%AddedHistory
ACMAecomCOM7,096,629$545.1M7.2%−140,000−1.9%ReducedHistory
HUNHuntsman CORPCOM16,517,818$619.6M8.2%−1,508,418−8.4%ReducedHistory
GDDYGoDaddy Inc.CL A8,250,420$690.6M9.2%+1,459,021+21.5%AddedHistory

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%–