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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 Q3 2022

Holdings as of Sep 30, 2022, filed Nov 14, 2022. Long positions only; changes compare share counts with Q2 2022.

Institution overview
Positions
176
−6 vs. Q2 2022
Portfolio value
$4.55B
−$947.9M (−17.2%) vs. Q2 2022
Filed
Nov 14, 2022
SEC
Holdings of Starboard Value in Q3 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
GDDYGoDaddy Inc.CL A8,259,937$585.5M12.9%−116,871−1.4%ReducedHistory
ACMAecomCOM6,974,316$476.8M10.5%−50,629−0.7%ReducedHistory
HUMHumana IncStock953,000$462.4M10.2%−7,000−0.7%ReducedHistory
WTWWillis Towers Watson PLCSHS2,232,209$448.5M9.9%−13,302−0.6%ReducedHistory
GENGen Digital Inc.Stock19,204,454$386.8M8.5%00.0%UnchangedHistory
WIXWix.com Ltd.SHS2,567,966$200.9M4.4%+2,567,966NewHistory
CVLTCommvault Systems IncCOM3,655,000$193.9M4.3%−147,375−3.9%ReducedHistory
PZZAPapa Johns International IncStock2,759,360$193.2M4.2%00.0%UnchangedHistory
MRCYMercury Systems IncCOM3,772,291$153.2M3.4%−170,769−4.3%ReducedHistory
ONOn Semiconductor CorpStock2,447,000$152.5M3.4%−3,170,681−56.4%ReducedHistory
HUNHuntsman CORPCOM5,129,000$125.9M2.8%−3,180,696−38.3%ReducedHistory
GDOTGreen Dot CorpCL A5,294,110$100.5M2.2%00.0%UnchangedHistory
MDPediatrix Medical Group, Inc.COM5,915,000$97.7M2.1%00.0%UnchangedHistory
CYXTCyxtera Technologies, Inc.COMMON STOCK20,767,571$84.7M1.9%00.0%UnchangedHistory
iShares Tr464287630RUS 2000 VAL ETF600,000$77.4M1.7%+600,000New–
LPSNLiveperson IncCOM7,005,000$66.0M1.5%00.0%UnchangedHistory
iShares Russell 2000 ETF464287655ETF319,380$52.7M1.2%+5,000+1.6%Added–
ENOVEnovis CORPCOM578,000$26.6M0.6%−330,748−36.4%ReducedHistory
ACIWAci Worldwide, Inc.Stock1,213,000$25.4M0.6%−3,988,153−76.7%ReducedHistory
IRRXIntegrated Rail & Resources Acquisition CorpCL A COM937,845$9.44M0.2%00.0%UnchangedHistory
EHTHeHealth, Inc.COM2,198,117$8.60M0.2%00.0%UnchangedHistory
Kimbell Tiger Acquisition Co49436K106COM CL A750,000$7.60M0.2%00.0%Unchanged–
HCM Acquisition CorpG4365A101CLASS A ORD SHS750,000$7.58M0.2%00.0%Unchanged–
Investcorp India Acquistn CoG49219101CLASS A ORD SHS750,000$7.56M0.2%00.0%Unchanged–
KnightSwan Acquisition Corp499103109CL A COM750,000$7.52M0.2%00.0%Unchanged–
PPYAPapaya Growth Opportunity Corp. ICLASS A COM750,000$7.52M0.2%00.0%UnchangedHistory
Abpro Holdings, Inc.04845A108CLASS A COM750,000$7.51M0.2%00.0%Unchanged–
PNSTPinstripes Holdings, Inc.CL A COM750,000$7.49M0.2%00.0%UnchangedHistory
ASCBFASPAC II Acquisition Corp.ORD SHS CL A750,000$7.46M0.2%00.0%UnchangedHistory
Clean Earth Acquisitions Cor184493104CLASS A COM750,000$7.41M0.2%00.0%Unchanged–
FZTFAST Acquisition Corp. IICL A750,000$7.36M0.2%00.0%UnchangedHistory
Digital Health Acquisition C253893101COMMON STOCK675,000$6.84M0.2%00.0%Unchanged–
ONYXOnyx Acquisition Co. ISHS CL A672,800$6.81M0.1%00.0%UnchangedHistory
WPCBWarburg Pincus Capital Corp I-BSHS CL A676,820$6.71M0.1%00.0%UnchangedHistory
Burtech Acquisition Corp123013104CLASS A COM661,307$6.62M0.1%00.0%Unchanged–
Mount Rainier Acquisition Corp.623006103COM637,964$6.44M0.1%00.0%Unchanged–
Avalon Acquisition Inc05338E101CLASS A COM640,549$6.44M0.1%00.0%Unchanged–
McLaren Technology Acq Corp58176U109CLASS A COM640,936$6.42M0.1%00.0%Unchanged–
Spindletop Health Acquisitio84854Q103COM CL A636,861$6.41M0.1%00.0%Unchanged–
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS639,252$6.33M0.1%00.0%Unchanged–
Bullpen Parlay Acquisition CG1792A100CLASS A ORD SHS617,219$6.22M0.1%00.0%Unchanged–
BIOSBioPlus Acquisition Corp.CLASS A ORD SHS617,220$6.20M0.1%00.0%UnchangedHistory
ACAHAtlantic Coastal Acquisition Corp.CLASS A COM622,243$6.11M0.1%+300,000+93.1%AddedHistory
FLDFold Holdings, Inc.COM CL A620,000$6.08M0.1%00.0%UnchangedHistory
Industrial Human Capital, Inc.45617P104COM594,636$6.04M0.1%00.0%Unchanged–
Sizzle Acquisition Corp.83014E109COMMON STOCK596,848$6.01M0.1%00.0%Unchanged–
ROSERose Hill Acquisition CorpCLASS A ORD588,318$5.97M0.1%00.0%UnchangedHistory
MSSAFMetal Sky Star Acquisition CorpORDINARY SHARES600,000$5.97M0.1%00.0%UnchangedHistory
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK600,000$5.92M0.1%00.0%UnchangedHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS550,000$5.55M0.1%00.0%UnchangedHistory
CITECartica Acquisition CorpCLASS A ORD SHS539,252$5.44M0.1%00.0%UnchangedHistory
Joff Fintech Acquisition Cor46592C100COM CL A552,000$5.44M0.1%00.0%Unchanged–
NCACNewcourt Acquisition CorpCLASS A ORD SHS516,222$5.23M0.1%00.0%UnchangedHistory
Southland Holdings, Inc.52473Y104COM525,057$5.22M0.1%+175,184+50.1%Added–
CRECCrescera Capital Acquisition Corp.CLASS A ORD SHS512,748$5.14M0.1%00.0%UnchangedHistory
Roadzen Inc.G9320Z109CLASS A ORD509,330$5.12M0.1%00.0%Unchanged–
Sound Point Acquisition CorpG8274F101CLASS A ORD SHS500,000$5.10M0.1%00.0%Unchanged–
GTIGraphjet TechnologyCLASS A ORD SHS501,954$5.09M0.1%00.0%UnchangedHistory
VMCAFValuence Merger Corp. ICLASS A ORD SHS500,000$5.08M0.1%00.0%UnchangedHistory
Athena Consumer Acq Corp04684M106CL A505,276$5.08M0.1%00.0%Unchanged–
CURRCurrenc Group Inc.CL A ORD SHS500,000$5.07M0.1%00.0%UnchangedHistory
Direct Selling Acquisitin Co25460L103CL A COM499,200$5.06M0.1%00.0%Unchanged–
IVCBInvest Acquisition CorpCLASS A ORD SHS500,000$5.05M0.1%00.0%UnchangedHistory
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS516,010$5.05M0.1%00.0%UnchangedHistory
LIBYLiberty Resources Acquisition Corp.CLASS A COM498,406$5.03M0.1%00.0%UnchangedHistory
Nubia Brand International Co67022R103CLASS A COM500,000$5.03M0.1%00.0%Unchanged–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS500,000$4.99M0.1%00.0%Unchanged–
Heartland Media Acquisition Corp.42237V108CL A COM500,000$4.98M0.1%00.0%Unchanged–
Artemis Strategic Invt Corp04303A103COM CL A500,000$4.97M0.1%00.0%Unchanged–
Altimeter Growth Corp 2G0371B109COM CL A500,000$4.96M0.1%00.0%Unchanged–
Orion Acquisition Corp68626A108COM CL A500,000$4.92M0.1%00.0%Unchanged–
LGVLongview Acquisition Corp. IICOM CL A500,000$4.91M0.1%00.0%UnchangedHistory
GoGreen Investments CorpG9461B101ORD SHS CL A480,069$4.87M0.1%00.0%Unchanged–
Evergreen CorpG3312W109CLASS A ORD SHS475,000$4.79M0.1%00.0%Unchanged–
SLAMSlam Corp.CL A SHS480,199$4.76M0.1%00.0%UnchangedHistory
Lead Edge Growth Oprtunts LTG54085108COM480,650$4.76M0.1%00.0%Unchanged–
KKR Acquisition Holding I Co48253T109COM CLASS A475,245$4.68M0.1%00.0%Unchanged–
GMFIAetherium Acquisition CorpCLASS A COM462,651$4.61M0.1%00.0%UnchangedHistory
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS456,220$4.61M0.1%00.0%UnchangedHistory
SHUASHUAA Partners Acquisition Corp ICLASS A ORD SHS450,000$4.56M0.1%00.0%UnchangedHistory
FTIIFutureTech II Acquisition Corp.CLASS A COM450,000$4.53M0.1%00.0%UnchangedHistory
Mountain & Co I Acquisitn CoG6301J104CLASS A ORD438,834$4.49M0.1%00.0%Unchanged–
Thrive Acquisition CorporatiG7158C101CLASS A ORD441,544$4.48M0.1%00.0%Unchanged–
Industrial Tech Acqstns II I45635R108CLASS A COM447,311$4.47M0.1%00.0%Unchanged–
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS440,871$4.46M0.1%00.0%Unchanged–
EVEEVe Mobility Acquisition CorpCL A ORD SHS440,971$4.45M0.1%00.0%UnchangedHistory
BFACBattery Future Acquisition Corp.CL A ORD SHS440,871$4.45M0.1%00.0%UnchangedHistory
HAIAHealthcare AI Acquisition Corp.CLASS A ORD SHS440,871$4.45M0.1%00.0%UnchangedHistory
Sculptor Acquisition Corp IG7T983103CL A COM440,871$4.44M0.1%00.0%Unchanged–
VCXB10X Capital Venture Acquisition Corp. IIICL A ORD SHS439,252$4.44M0.1%00.0%UnchangedHistory
Southport Acquisition Corp84465L105CL A COM440,871$4.43M0.1%00.0%Unchanged–
Andretti Acquisition CorpG26735103CL A ORD SHS439,252$4.42M0.1%00.0%Unchanged–
FRLAFortune Rise Acquisition CorpCL A433,688$4.41M0.1%00.0%UnchangedHistory
C5 Acquisition Corporation12530D105CL A COM439,252$4.41M0.1%00.0%Unchanged–
PRLHPearl Holdings Acquisition CorpCLASS A ORD SHS440,871$4.39M0.1%00.0%UnchangedHistory
Vision Sensing Acquisition C92838J103CLASS A COM435,612$4.38M0.1%00.0%Unchanged–
Boa Acquisition Corp05601A109COM CL A434,267$4.32M0.1%+434,267New–
WELIntegrated Wellness Acquisition CorpORD SHS CL A421,946$4.27M0.1%00.0%UnchangedHistory
Tevogen Inc.G8028L107CLASS A ORD420,500$4.27M0.1%00.0%Unchanged–
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS418,758$4.23M0.1%00.0%UnchangedHistory

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 Q3 2022
SecurityClassPutsCalls
iShares Tr464287955PUT$124.0K–

Sold out since Q2 2022 (11)

Positions held at the end of Q2 2022 that are gone from this filing.

Positions of Starboard Value sold out since Q2 2022
SecurityClassShares in Q2 2022Value in Q2 2022% of portfolio in Q2 2022History
GCPGCP Applied Technologies Inc.COM6,540,000$204.6M3.7%History
ELANElanco Animal Health IncCOM5,731,575$112.5M2.0%History
CTVACorteva, Inc.Stock1,017,794$55.1M1.0%History
MMSIMerit Medical Systems IncCOM579,658$31.5M0.6%History
KSSKOHLS CorpStock535,029$19.1M0.3%History
QT Imaging Holdings, Inc.37519U109COMMON STOCK457,600$4.59M0.1%–
Monterey Cap Acquisition Cor61244M208UNIT 05/10/2027375,000$3.73M0.1%–
PRPBCC Neuberger Principal Holdings IISHS CL A339,324$3.39M0.1%History
Nuburu, Inc.87403Q102COM CL A327,201$3.26M0.1%–
Acri Capital Acquisition Cor00501A200UNIT 02/01/2029300,000$3.00M0.1%–
Investcorp India Acquistn CoG49219127*W EXP 06/01/202254,049$38.0K<0.1%–