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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 Q4 2022

Holdings as of Dec 31, 2022, filed Feb 14, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
147
−29 vs. Q3 2022
Portfolio value
$5.22B
+$668.6M (+14.7%) vs. Q3 2022
Filed
Feb 14, 2023
SEC
Holdings of Starboard Value in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
Lava Medtech Acquisition Cor519345102CLASS A COM41,950$427.5K<0.1%00.0%Unchanged–
Chenghe Acquisition Co.G2086M107CLASS A ORD50,000$515.0K<0.1%00.0%Unchanged–
OKLOOklo Inc.COM CL A82,300$816.4K<0.1%00.0%UnchangedHistory
BCSABlockchain Coinvestors Acquisition Corp. ICLASS A ORD84,100$861.2K<0.1%00.0%UnchangedHistory
CIIG Capital Partners II, Inc.12561U109COM CL A88,551$902.3K<0.1%00.0%Unchanged–
Beard Energy Transition Acq07402Q101CL A COM105,125$1.07M<0.1%00.0%Unchanged–
IQMDIntelligent Medicine Acquisition Corp.CLASS A COM106,893$1.10M<0.1%00.0%UnchangedHistory
DEVSFDevvStream Corp.CLASS A COM125,850$1.28M<0.1%00.0%UnchangedHistory
Anthemis Digital AcquisitionG03959106CLASS A ORD125,850$1.29M<0.1%00.0%Unchanged–
RCFAPerception Capital Corp. IVCL A COM127,050$1.30M<0.1%00.0%UnchangedHistory
TCVATCV Acquisition Corp.CL A SHS136,910$1.37M<0.1%00.0%UnchangedHistory
LF Capital Acquisition Corp. II50202D102CLASS A COM140,326$1.44M<0.1%00.0%Unchanged–
OCEAOcean Biomedical, Inc.CLASS A COM144,169$1.50M<0.1%00.0%UnchangedHistory
VMG Consumer Acquisition Cor91842V102CLASS A COM168,200$1.71M<0.1%00.0%Unchanged–
NFNTInfinite Acquisition Corp.CL A ORD SHS168,200$1.72M<0.1%00.0%UnchangedHistory
PHYTPyrophyte Acquisition Corp.CL A ORD SHS167,800$1.73M<0.1%00.0%UnchangedHistory
Ap Acquisition CorpG04058106CL A ORD SHS176,348$1.82M<0.1%00.0%Unchanged–
Ascendant Digital Acq Corp IG05157105CL A COM181,259$1.87M<0.1%00.0%Unchanged–
Ares Acquisition CorporationG33032106COM CL A200,000$2.01M<0.1%00.0%Unchanged–
HHLAHH&L Acquisition Co.SHS CL A200,000$2.02M<0.1%00.0%UnchangedHistory
Eg Acquisition Corp26846A100COM CL A203,250$2.03M<0.1%00.0%Unchanged–
Catalyst Partnrs Acquisitn CG19550105CLASS A ORD SHS203,250$2.05M<0.1%00.0%Unchanged–
Ftac Zeus Acquisition Cor30320F106CLASS A COM210,250$2.12M<0.1%00.0%Unchanged–
M3-Brigade Acquisition III Corp.55407R103CL A COM209,750$2.13M<0.1%00.0%Unchanged–
LGVCLAMF Global Ventures Corp. ICLASS A ORD207,548$2.13M<0.1%00.0%UnchangedHistory
GCT Semiconductor Holding, Inc.20607V106COM CL A210,250$2.14M<0.1%00.0%Unchanged–
Nabors Energy Transition Cor629567108CL A COM210,250$2.16M<0.1%00.0%Unchanged–
JMACMaxpro Capital Acquisition Corp.CLASS A COM210,028$2.18M<0.1%00.0%UnchangedHistory
Green Visor Fin Tec Acq CorpG4166K100CLASS A ORD210,250$2.18M<0.1%00.0%Unchanged–
Lionheart III Corp536262108CLASS A COM220,436$2.25M<0.1%00.0%Unchanged–
CFFSCF Acquisition Corp. VIICLASS A COM220,436$2.25M<0.1%00.0%UnchangedHistory
Cactus Acquisition Corp. 1 LtdG1745A108CLASS A ORD225,876$2.32M<0.1%00.0%Unchanged–
BMACBlack Mountain Acquisition Corp.CL A COM231,829$2.36M<0.1%00.0%UnchangedHistory
HERAFTAC Hera Acquisition Corp.CLASS A ORD SHS250,000$2.53M<0.1%00.0%UnchangedHistory
ASPAC I Acquisition Corp.G0542S106CLASS A ORD SHS250,000$2.55M<0.1%00.0%Unchanged–
PGSSPegasus Digital Mobility Acquisition Corp.CL A ORD SHS251,700$2.59M<0.1%00.0%UnchangedHistory
Aimfinity Investment Corp. IG0135E142UNIT 04/21/2027300,000$3.01M0.1%00.0%Unchanged–
Ahren Acquisition Corp.G01322109CLASS A ORD SHS295,825$3.03M0.1%00.0%Unchanged–
Feutune Light Acquisition Co31561T201UNIT 06/01/2029300,000$3.05M0.1%00.0%Unchanged–
ACACAcri Capital Acquisition CorpCOM CL A300,000$3.07M0.1%00.0%UnchangedHistory
Counter Press Acquisition CorpG2542B117CLASS A ORD SHS300,000$3.08M0.1%00.0%Unchanged–
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD300,000$3.09M0.1%00.0%Unchanged–
Innovative Intl Acqusitin CoG4809M109CLASS A ORD313,025$3.22M0.1%00.0%Unchanged–
Veea Inc.G7134L126CLASS A ORD SHS321,518$3.24M0.1%00.0%Unchanged–
Genesis Unicorn Capital Corp.37187C100CLASS A COM325,000$3.30M0.1%00.0%Unchanged–
ALORALSP Orchid Acquisition Corp ICLASS A ORD322,884$3.30M0.1%00.0%UnchangedHistory
Zeo Energy Corp.G3R95N103SHS CL A341,339$3.53M0.1%00.0%Unchanged–
Aura Fat Projs Acquisition CG06362100CLASS A ORD350,000$3.59M0.1%00.0%Unchanged–
APXIAPx Acquisition Corp. ICLASS A ORD SHS352,697$3.62M0.1%00.0%UnchangedHistory
ROSSBPGC Acquisition Corp.SHS CL A361,650$3.66M0.1%00.0%UnchangedHistory
SUACShoulderUP Technology Acquisition Corp.CL A COM362,793$3.70M0.1%00.0%UnchangedHistory
Monterey Cap Acquisition Cor61244M109CLASS A COM375,000$3.76M0.1%00.0%Unchanged–
DUETDUET Acquisition Corp.CLASS A COM400,000$4.00M0.1%00.0%UnchangedHistory
Khosla Ventures Acqut Co III482506102COM CL A401,600$4.00M0.1%00.0%Unchanged–
Forest Road Acquisition Cor34619V103CL A399,500$4.01M0.1%00.0%Unchanged–
EONREON Resources Inc.COM CL A400,000$4.09M0.1%00.0%UnchangedHistory
LIVBLIV Capital Acquisition Corp. IICLASS A ORD SHS400,000$4.10M0.1%00.0%UnchangedHistory
Talon 1 Acquisition CorpG86656108CLASS A ORD409,054$4.24M0.1%00.0%Unchanged–
Juniper II Corp48203N103CL A COM420,700$4.28M0.1%00.0%Unchanged–
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS418,758$4.33M0.1%00.0%UnchangedHistory
WELIntegrated Wellness Acquisition CorpORD SHS CL A421,946$4.34M0.1%00.0%UnchangedHistory
Tevogen Inc.G8028L107CLASS A ORD420,500$4.34M0.1%00.0%Unchanged–
FRLAFortune Rise Acquisition CorpCL A433,688$4.48M0.1%00.0%UnchangedHistory
Vision Sensing Acquisition C92838J103CLASS A COM435,612$4.48M0.1%00.0%Unchanged–
Southport Acquisition Corp84465L105CL A COM440,871$4.49M0.1%00.0%Unchanged–
C5 Acquisition Corporation12530D105CL A COM439,252$4.49M0.1%00.0%Unchanged–
PRLHPearl Holdings Acquisition CorpCLASS A ORD SHS440,871$4.51M0.1%00.0%UnchangedHistory
HAIAHealthcare AI Acquisition Corp.CLASS A ORD SHS440,871$4.52M0.1%00.0%UnchangedHistory
Sculptor Acquisition Corp IG7T983103CL A COM440,871$4.52M0.1%00.0%Unchanged–
BFACBattery Future Acquisition Corp.CL A ORD SHS440,871$4.53M0.1%00.0%UnchangedHistory
Andretti Acquisition CorpG26735103CL A ORD SHS439,252$4.54M0.1%00.0%Unchanged–
EVEEVe Mobility Acquisition CorpCL A ORD SHS440,971$4.54M0.1%00.0%UnchangedHistory
Thrive Acquisition CorporatiG7158C101CLASS A ORD441,544$4.55M0.1%00.0%Unchanged–
Industrial Tech Acqstns II I45635R108CLASS A COM447,311$4.55M0.1%00.0%Unchanged–
Mountain & Co I Acquisitn CoG6301J104CLASS A ORD438,834$4.56M0.1%00.0%Unchanged–
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS440,871$4.57M0.1%00.0%Unchanged–
FTIIFutureTech II Acquisition Corp.CLASS A COM450,000$4.61M0.1%00.0%UnchangedHistory
SHUASHUAA Partners Acquisition Corp ICLASS A ORD SHS450,000$4.66M0.1%00.0%UnchangedHistory
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS456,220$4.70M0.1%00.0%UnchangedHistory
GMFIAetherium Acquisition CorpCLASS A COM462,651$4.71M0.1%00.0%UnchangedHistory
Lead Edge Growth Oprtunts LTG54085108COM480,650$4.84M0.1%00.0%Unchanged–
SLAMSlam Corp.CL A SHS480,199$4.85M0.1%00.0%UnchangedHistory
Evergreen CorpG3312W109CLASS A ORD SHS475,000$4.88M0.1%00.0%Unchanged–
GoGreen Investments CorpG9461B101ORD SHS CL A480,069$4.98M0.1%00.0%Unchanged–
Nubia Brand International Co67022R103CLASS A COM500,000$5.08M0.1%00.0%Unchanged–
Heartland Media Acquisition Corp.42237V108CL A COM500,000$5.08M0.1%00.0%Unchanged–
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS516,010$5.09M0.1%00.0%UnchangedHistory
LIBYLiberty Resources Acquisition Corp.CLASS A COM498,406$5.09M0.1%00.0%UnchangedHistory
Artemis Strategic Invt Corp04303A103COM CL A500,000$5.11M0.1%00.0%Unchanged–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS500,000$5.11M0.1%00.0%Unchanged–
Direct Selling Acquisitin Co25460L103CL A COM499,200$5.14M0.1%00.0%Unchanged–
IVCBInvest Acquisition CorpCLASS A ORD SHS500,000$5.15M0.1%00.0%UnchangedHistory
Sound Point Acquisition CorpG8274F101CLASS A ORD SHS500,000$5.16M0.1%00.0%Unchanged–
VMCAFValuence Merger Corp. ICLASS A ORD SHS500,000$5.17M0.1%00.0%UnchangedHistory
CURRCurrenc Group Inc.CL A ORD SHS500,000$5.18M0.1%00.0%UnchangedHistory
Roadzen Inc.G9320Z109CLASS A ORD509,330$5.22M0.1%00.0%Unchanged–
CRECCrescera Capital Acquisition Corp.CLASS A ORD SHS512,748$5.24M0.1%00.0%UnchangedHistory
Southland Holdings, Inc.52473Y104COM525,057$5.37M0.1%00.0%Unchanged–
CITECartica Acquisition CorpCLASS A ORD SHS539,252$5.59M0.1%00.0%UnchangedHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS550,000$5.65M0.1%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 Q4 2022
SecurityClassPutsCalls
iShares Tr464287955PUT$2.05M–

Sold out since Q3 2022 (35)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of Starboard Value sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
HUNHuntsman CORPCOM5,129,000$125.9M2.8%History
ACIWAci Worldwide, Inc.Stock1,213,000$25.4M0.6%History
EHTHeHealth, Inc.COM2,198,117$8.60M0.2%History
Digital Health Acquisition C253893101COMMON STOCK675,000$6.84M0.2%–
Mount Rainier Acquisition Corp.623006103COM637,964$6.44M0.1%–
Spindletop Health Acquisitio84854Q103COM CL A636,861$6.41M0.1%–
Industrial Human Capital, Inc.45617P104COM594,636$6.04M0.1%–
ROSERose Hill Acquisition CorpCLASS A ORD588,318$5.97M0.1%History
Joff Fintech Acquisition Cor46592C100COM CL A552,000$5.44M0.1%–
NCACNewcourt Acquisition CorpCLASS A ORD SHS516,222$5.23M0.1%History
GTIGraphjet TechnologyCLASS A ORD SHS501,954$5.09M0.1%History
Athena Consumer Acq Corp04684M106CL A505,276$5.08M0.1%–
Altimeter Growth Corp 2G0371B109COM CL A500,000$4.96M0.1%–
Orion Acquisition Corp68626A108COM CL A500,000$4.92M0.1%–
LGVLongview Acquisition Corp. IICOM CL A500,000$4.91M0.1%History
KKR Acquisition Holding I Co48253T109COM CLASS A475,245$4.68M0.1%–
VCXB10X Capital Venture Acquisition Corp. IIICL A ORD SHS439,252$4.44M0.1%History
Boa Acquisition Corp05601A109COM CL A434,267$4.32M0.1%–
Syntec Optics Holdings, Inc.68218C108CLASS A COM420,500$4.23M0.1%–
Verde Clean Fuels, Inc.15130M102CLASS A ORD SHS417,243$4.21M0.1%–
AVHIAchari Ventures Holdings Corp. ICOM419,500$4.20M0.1%History
Austerlitz Acquisition CorpG0633D109SHS CL A424,358$4.16M0.1%–
Parsec Capital Acquisition70184A108CL A358,497$3.63M0.1%–
Mission Advancement Corp60501L101CL A320,400$3.15M0.1%–
TriSalus Life Sciences, Inc.58507N105COM CL A298,368$2.96M0.1%–
OneMedNet Corp237699103CLASS A COM285,747$2.96M0.1%–
Apeiron Capital Invest Corp03752A101CL A COM294,444$2.95M0.1%–
FVTFortress Value Acquisition Corp. IIICOM CL A285,134$2.82M0.1%History
Carney Technology Acqu Corp143636108CL A COMMON STK275,000$2.74M0.1%–
Sanaby Health Acquisition Co79956P102CL A COM251,700$2.55M0.1%–
Hunt Companies AcquisitioG46482108CL ACOM210,250$2.13M<0.1%–
Soar Technology Acquisn CorpG82472112CL A COM161,990$1.67M<0.1%–
Parabellum Acquisition Corp.69901P109COM CL A125,200$1.24M<0.1%–
CEROCero Therapeutics Holdings, Inc.CLASS A COM21,275$215.0K<0.1%History
Arbor Rapha Cap Biohlds Corp03881F104CLASS A COM20,975$212.0K<0.1%–