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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 Q2 2022

Holdings as of Jun 30, 2022, filed Aug 12, 2022. Long positions only; changes compare share counts with Q1 2022.

Institution overview
Positions
182
+13 vs. Q1 2022
Portfolio value
$5.50B
−$2.05B (−27.1%) vs. Q1 2022
Filed
Aug 12, 2022
SEC
Holdings of Starboard Value in Q2 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
GDDYGoDaddy Inc.CL A8,376,808$582.7M10.6%+126,388+1.5%AddedHistory
ACMAecomCOM7,024,945$458.2M8.3%−71,684−1.0%ReducedHistory
HUMHumana IncStock960,000$449.3M8.2%−8,200−0.8%ReducedHistory
WTWWillis Towers Watson PLCSHS2,245,511$443.2M8.1%+104,643+4.9%AddedHistory
GENGen Digital Inc.Stock19,204,454$421.7M7.7%+2,500,000+15.0%AddedHistory
ONOn Semiconductor CorpStock5,617,681$282.6M5.1%−1,000,000−15.1%ReducedHistory
MRCYMercury Systems IncCOM3,943,060$253.7M4.6%+359,311+10.0%AddedHistory
CVLTCommvault Systems IncCOM3,802,375$239.2M4.4%−34,150−0.9%ReducedHistory
HUNHuntsman CORPCOM8,309,696$235.6M4.3%−8,208,122−49.7%ReducedHistory
CYXTCyxtera Technologies, Inc.COMMON STOCK20,767,571$235.5M4.3%00.0%UnchangedHistory
PZZAPapa Johns International IncStock2,759,360$230.5M4.2%00.0%UnchangedHistory
GCPGCP Applied Technologies Inc.COM6,540,000$204.6M3.7%00.0%UnchangedHistory
ACIWAci Worldwide, Inc.Stock5,201,153$134.7M2.4%−1,041,128−16.7%ReducedHistory
GDOTGreen Dot CorpCL A5,294,110$132.9M2.4%00.0%UnchangedHistory
MDPediatrix Medical Group, Inc.COM5,915,000$124.3M2.3%00.0%UnchangedHistory
ELANElanco Animal Health IncCOM5,731,575$112.5M2.0%−1,168,980−16.9%ReducedHistory
LPSNLiveperson IncCOM7,005,000$99.1M1.8%+600,000+9.4%AddedHistory
CTVACorteva, Inc.Stock1,017,794$55.1M1.0%−4,978,535−83.0%ReducedHistory
iShares Russell 2000 ETF464287655ETF314,380$53.2M1.0%−1,000,000−76.1%Reduced–
ENOVEnovis CORPCOM908,748$50.0M0.9%−3,199,578−77.9%ReducedHistory
MMSIMerit Medical Systems IncCOM579,658$31.5M0.6%−287,980−33.2%ReducedHistory
EHTHeHealth, Inc.COM2,198,117$20.5M0.4%−45,000−2.0%ReducedHistory
KSSKOHLS CorpStock535,029$19.1M0.3%−2,796,116−83.9%ReducedHistory
IRRXIntegrated Rail & Resources Acquisition CorpCL A COM937,845$9.35M0.2%00.0%UnchangedHistory
HCM Acquisition CorpG4365A101CLASS A ORD SHS750,000$7.53M0.1%00.0%Unchanged–
Kimbell Tiger Acquisition Co49436K106COM CL A750,000$7.51M0.1%00.0%Unchanged–
KnightSwan Acquisition Corp499103109CL A COM750,000$7.51M0.1%00.0%Unchanged–
PPYAPapaya Growth Opportunity Corp. ICLASS A COM750,000$7.49M0.1%00.0%UnchangedHistory
Abpro Holdings, Inc.04845A108CLASS A COM750,000$7.49M0.1%00.0%Unchanged–
PNSTPinstripes Holdings, Inc.CL A COM750,000$7.47M0.1%00.0%UnchangedHistory
Investcorp India Acquistn CoG49219101CLASS A ORD SHS750,000$7.46M0.1%+750,000New–
Clean Earth Acquisitions Cor184493104CLASS A COM750,000$7.41M0.1%+750,000New–
ASCBFASPAC II Acquisition Corp.ORD SHS CL A750,000$7.38M0.1%+750,000NewHistory
FZTFAST Acquisition Corp. IICL A750,000$7.32M0.1%+750,000NewHistory
Digital Health Acquisition C253893101COMMON STOCK675,000$6.77M0.1%+57,781+9.4%Added–
ONYXOnyx Acquisition Co. ISHS CL A672,800$6.73M0.1%00.0%UnchangedHistory
WPCBWarburg Pincus Capital Corp I-BSHS CL A676,820$6.63M0.1%00.0%UnchangedHistory
Burtech Acquisition Corp123013104CLASS A COM661,307$6.55M0.1%00.0%Unchanged–
Mount Rainier Acquisition Corp.623006103COM637,964$6.42M0.1%00.0%Unchanged–
McLaren Technology Acq Corp58176U109CLASS A COM640,936$6.42M0.1%00.0%Unchanged–
Avalon Acquisition Inc05338E101CLASS A COM640,549$6.40M0.1%00.0%Unchanged–
Spindletop Health Acquisitio84854Q103COM CL A636,861$6.37M0.1%00.0%Unchanged–
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS639,252$6.25M0.1%00.0%Unchanged–
BIOSBioPlus Acquisition Corp.CLASS A ORD SHS617,220$6.13M0.1%00.0%UnchangedHistory
Bullpen Parlay Acquisition CG1792A100CLASS A ORD SHS617,219$6.12M0.1%00.0%Unchanged–
FLDFold Holdings, Inc.COM CL A620,000$6.06M0.1%+620,000NewHistory
Industrial Human Capital, Inc.45617P104COM594,636$5.96M0.1%00.0%Unchanged–
Sizzle Acquisition Corp.83014E109COMMON STOCK596,848$5.96M0.1%00.0%Unchanged–
MSSAFMetal Sky Star Acquisition CorpORDINARY SHARES600,000$5.93M0.1%+600,000NewHistory
ROSERose Hill Acquisition CorpCLASS A ORD588,318$5.91M0.1%00.0%UnchangedHistory
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK600,000$5.90M0.1%+600,000NewHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS550,000$5.50M0.1%00.0%UnchangedHistory
Joff Fintech Acquisition Cor46592C100COM CL A552,000$5.43M0.1%+552,000New–
CITECartica Acquisition CorpCLASS A ORD SHS539,252$5.40M0.1%00.0%UnchangedHistory
NCACNewcourt Acquisition CorpCLASS A ORD SHS516,222$5.18M0.1%00.0%UnchangedHistory
CRECCrescera Capital Acquisition Corp.CLASS A ORD SHS512,748$5.09M0.1%00.0%UnchangedHistory
Roadzen Inc.G9320Z109CLASS A ORD509,330$5.08M0.1%00.0%Unchanged–
Athena Consumer Acq Corp04684M106CL A505,276$5.06M0.1%00.0%Unchanged–
GTIGraphjet TechnologyCLASS A ORD SHS501,954$5.04M0.1%00.0%UnchangedHistory
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS516,010$5.02M0.1%+250,000+94.0%AddedHistory
Sound Point Acquisition CorpG8274F101CLASS A ORD SHS500,000$5.02M0.1%+500,000New–
CURRCurrenc Group Inc.CL A ORD SHS500,000$5.01M0.1%00.0%UnchangedHistory
IVCBInvest Acquisition CorpCLASS A ORD SHS500,000$5.01M0.1%00.0%UnchangedHistory
VMCAFValuence Merger Corp. ICLASS A ORD SHS500,000$5.00M0.1%+500,000NewHistory
Direct Selling Acquisitin Co25460L103CL A COM499,200$5.00M0.1%00.0%Unchanged–
Nubia Brand International Co67022R103CLASS A COM500,000$4.98M0.1%+500,000New–
Heartland Media Acquisition Corp.42237V108CL A COM500,000$4.97M0.1%00.0%Unchanged–
Artemis Strategic Invt Corp04303A103COM CL A500,000$4.97M0.1%00.0%Unchanged–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS500,000$4.97M0.1%+500,000New–
LIBYLiberty Resources Acquisition Corp.CLASS A COM498,406$4.97M0.1%00.0%UnchangedHistory
Altimeter Growth Corp 2G0371B109COM CL A500,000$4.93M0.1%00.0%Unchanged–
Orion Acquisition Corp68626A108COM CL A500,000$4.90M0.1%00.0%Unchanged–
LGVLongview Acquisition Corp. IICOM CL A500,000$4.88M0.1%00.0%UnchangedHistory
GoGreen Investments CorpG9461B101ORD SHS CL A480,069$4.81M0.1%00.0%Unchanged–
Evergreen CorpG3312W109CLASS A ORD SHS475,000$4.74M0.1%+475,000New–
SLAMSlam Corp.CL A SHS480,199$4.72M0.1%00.0%UnchangedHistory
Lead Edge Growth Oprtunts LTG54085108COM480,650$4.71M0.1%00.0%Unchanged–
KKR Acquisition Holding I Co48253T109COM CLASS A475,245$4.65M0.1%00.0%Unchanged–
QT Imaging Holdings, Inc.37519U109COMMON STOCK457,600$4.59M0.1%00.0%Unchanged–
GMFIAetherium Acquisition CorpCLASS A COM462,651$4.58M0.1%00.0%UnchangedHistory
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS456,220$4.56M0.1%00.0%UnchangedHistory
FTIIFutureTech II Acquisition Corp.CLASS A COM450,000$4.50M0.1%+450,000NewHistory
SHUASHUAA Partners Acquisition Corp ICLASS A ORD SHS450,000$4.47M0.1%+450,000NewHistory
Industrial Tech Acqstns II I45635R108CLASS A COM447,311$4.45M0.1%00.0%Unchanged–
Mountain & Co I Acquisitn CoG6301J104CLASS A ORD438,834$4.44M0.1%00.0%Unchanged–
Thrive Acquisition CorporatiG7158C101CLASS A ORD441,544$4.43M0.1%00.0%Unchanged–
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS440,871$4.42M0.1%00.0%Unchanged–
VCXB10X Capital Venture Acquisition Corp. IIICL A ORD SHS439,252$4.39M0.1%00.0%UnchangedHistory
C5 Acquisition Corporation12530D105CL A COM439,252$4.39M0.1%00.0%Unchanged–
Andretti Acquisition CorpG26735103CL A ORD SHS439,252$4.38M0.1%00.0%Unchanged–
BFACBattery Future Acquisition Corp.CL A ORD SHS440,871$4.38M0.1%00.0%UnchangedHistory
Southport Acquisition Corp84465L105CL A COM440,871$4.37M0.1%00.0%Unchanged–
HAIAHealthcare AI Acquisition Corp.CLASS A ORD SHS440,871$4.37M0.1%00.0%UnchangedHistory
Sculptor Acquisition Corp IG7T983103CL A COM440,871$4.37M0.1%00.0%Unchanged–
EVEEVe Mobility Acquisition CorpCL A ORD SHS440,971$4.37M0.1%00.0%UnchangedHistory
Vision Sensing Acquisition C92838J103CLASS A COM435,612$4.37M0.1%00.0%Unchanged–
FRLAFortune Rise Acquisition CorpCL A433,688$4.36M0.1%00.0%UnchangedHistory
PRLHPearl Holdings Acquisition CorpCLASS A ORD SHS440,871$4.36M0.1%00.0%UnchangedHistory
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS418,758$4.23M0.1%00.0%UnchangedHistory
Tevogen Inc.G8028L107CLASS A ORD420,500$4.21M0.1%00.0%Unchanged–

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 Q2 2022
SecurityClassPutsCalls
iShares Tr464287955PUT$6.51M–

Sold out since Q1 2022 (14)

Positions held at the end of Q1 2022 that are gone from this filing.

Positions of Starboard Value sold out since Q1 2022
SecurityClassShares in Q1 2022Value in Q1 2022% of portfolio in Q1 2022History
CERNCERNER CorpCOM2,257,406$211.2M2.8%History
E Merge Technology Acquisiti26873Y104COM CL A1,446,500$14.3M0.2%–
Clean Earth Acquisitions Cor184493203UNIT 12/09/2026750,000$7.53M0.1%–
Sound Point Acquisition CorpG8274F127UNIT 02/25/2027500,000$5.03M0.1%–
Jaguar Global Growth Corp IG5S11A148UNIT 01/01/2027500,000$5.03M0.1%–
VMCUFValuence Merger Corp. IUNIT 02/18/2027500,000$5.01M0.1%History
Nubia Brand International Co67022R202UNIT 99/99/9999489,178$4.89M0.1%–
EVGRUEvergreen CorpUNIT 02/08/2027475,000$4.75M0.1%History
Shuaa Partners Acquistn CorpG81173125UNIT 02/24/2027450,000$4.51M0.1%–
FutureTech II Acquisition Corp.36119D202UNIT 12/23/2022450,000$4.51M0.1%–
ZFOXZeroFox Holdings, Inc.SHS CL A405,336$4.10M0.1%History
HNR Acquisition Corp40472A201UNIT 99/99/9999400,000$4.02M0.1%–
Genesis Unicorn Capital Corp.37187C209UNIT 06/30/2026325,000$3.25M<0.1%–
Counter Press Acquisition CorpG2542B109UNIT 02/07/2027300,000$3.02M<0.1%–