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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 2023

Holdings as of Sep 30, 2023, filed Nov 14, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
25
−23 vs. Q2 2023
Portfolio value
$3.90B
−$725.4M (−15.7%) vs. Q2 2023
Filed
Nov 14, 2023
SEC
Holdings of Starboard Value in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
GDDYGoDaddy Inc.CL A9,962,287$742.0M19.0%−78,150−0.8%ReducedHistory
HUMHumana IncStock841,000$409.2M10.5%−44,000−5.0%ReducedHistory
CRMSalesforce, Inc.Stock1,730,451$350.9M9.0%−277,625−13.8%ReducedHistory
AQNAlgonquin Power & Utilities Corp.COM58,400,000$345.7M8.9%+24,261,350+71.1%AddedHistory
WIXWix.com Ltd.SHS3,716,000$341.1M8.7%−69,000−1.8%ReducedHistory
GENGen Digital Inc.Stock18,608,904$329.0M8.4%−305,890−1.6%ReducedHistory
ACMAecomCOM2,889,000$239.9M6.1%−892,000−23.6%ReducedHistory
ACTGAcacia Research CorpACACIA TCH COM61,123,595$223.1M5.7%+41,123,595+205.6%AddedHistory
iShares Tr464287630RUS 2000 VAL ETF1,550,000$210.1M5.4%+650,000+72.2%Added–
BLMNBloomin' Brands, Inc.COM8,341,000$205.1M5.3%+8,341,000NewHistory
VRTVertiv Holdings CoCOM CL A4,120,599$153.3M3.9%−11,824,290−74.2%ReducedHistory
MRCYMercury Systems IncCOM2,308,800$85.6M2.2%−527,200−18.6%ReducedHistory
GDOTGreen Dot CorpCL A5,294,110$73.7M1.9%00.0%UnchangedHistory
ROGRogers CorpCOM545,519$71.7M1.8%−228,481−29.5%ReducedHistory
iShares Russell Midcap ETF464287499ETF425,000$29.4M0.8%+275,000+183.3%Added–
Liveperson Inc538146AD3NOTE 12/1–$25.3M0.6%–––
Q2 Hldgs Inc74736LAD1NOTE 0.750% 6/0–$17.5M0.4%–––
RBARB Global Inc.COM251,163$15.7M0.4%00.0%UnchangedHistory
SVIISpring Valley Acquisition Corp. IICLASS A ORD850,000$9.15M0.2%00.0%UnchangedHistory
Wix.com Ltd.92940WAD1NOTE 8/1–$6.69M0.2%–––
ISRLFIsrael Acquisitions CorpCLASS A ORD500,000$5.28M0.1%00.0%UnchangedHistory
Monterey Cap Acquisition Cor61244M109CLASS A COM375,000$3.99M0.1%00.0%Unchanged–
ALCYFAlchemy Investments Acquisition Corp 1SHS CL A350,000$3.62M0.1%00.0%UnchangedHistory
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD300,000$3.29M0.1%00.0%Unchanged–
KVACFKeen Vision Acquisition Corp.SHS300,000$3.05M0.1%+300,000NewHistory

Sold out since Q2 2023 (25)

Positions held at the end of Q2 2023 that are gone from this filing.

Positions of Starboard Value sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
SPLKSplunk IncCOM4,068,000$431.6M9.3%History
WTWWillis Towers Watson PLCSHS508,880$119.8M2.6%History
Abcam PLC000380204ADS4,593,000$112.4M2.4%–
PZZAPapa Johns International IncStock182,000$13.4M0.3%History
LPSNLiveperson IncCOM2,360,000$10.7M0.2%History
CVLTCommvault Systems IncCOM122,000$8.86M0.2%History
Investcorp India Acquistn CoG49219101CLASS A ORD SHS750,000$8.03M0.2%–
KnightSwan Acquisition Corp499103109CL A COM750,000$7.93M0.2%–
ASCBFASPAC II Acquisition Corp.ORD SHS CL A750,000$7.91M0.2%History
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS639,252$6.71M0.1%–
FLDFold Holdings, Inc.COM CL A620,000$6.42M0.1%History
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK600,000$6.26M0.1%History
Roadzen Inc.G9320Z109CLASS A ORD509,330$5.41M0.1%–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS500,000$5.29M0.1%–
Heartland Media Acquisition Corp.42237V108CL A COM500,000$5.27M0.1%–
FTIIFutureTech II Acquisition Corp.CLASS A COM450,000$4.81M0.1%History
Andretti Acquisition CorpG26735103CL A ORD SHS439,252$4.67M0.1%–
Aura Fat Projs Acquisition CG06362100CLASS A ORD350,000$3.70M0.1%–
Aimfinity Investment Corp. IG0135E142UNIT 04/21/2027300,000$3.14M0.1%–
M3-Brigade Acquisition III Corp.55407R103CL A COM209,750$2.19M<0.1%–
Ftac Zeus Acquisition Cor30320F106CLASS A COM210,250$2.19M<0.1%–
Ap Acquisition CorpG04058106CL A ORD SHS176,348$1.90M<0.1%–
NFNTInfinite Acquisition Corp.CL A ORD SHS168,200$1.78M<0.1%History
OKLOOklo Inc.COM CL A82,300$858.4K<0.1%History
Chenghe Acquisition Co.G2086M107CLASS A ORD50,000$535.0K<0.1%–