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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 Q4 2023

Holdings as of Dec 31, 2023, filed Feb 14, 2024. Long positions only; changes compare share counts with Q3 2023.

Institution overview
Positions
26
+1 vs. Q3 2023
Portfolio value
$4.80B
+$893.3M (+22.9%) vs. Q3 2023
Filed
Feb 14, 2024
SEC
Holdings of Starboard Value in Q4 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
GDDYGoDaddy Inc.CL A7,512,771$797.6M16.6%−2,449,516−24.6%ReducedHistory
HUMHumana IncStock994,146$455.1M9.5%+153,146+18.2%AddedHistory
GENGen Digital Inc.Stock18,608,904$424.7M8.9%00.0%UnchangedHistory
WIXWix.com Ltd.SHS3,343,000$411.3M8.6%−373,000−10.0%ReducedHistory
CRMSalesforce, Inc.Stock1,536,453$404.3M8.4%−193,998−11.2%ReducedHistory
AQNAlgonquin Power & Utilities Corp.COM61,991,000$391.8M8.2%+3,591,000+6.1%AddedHistory
iShares Tr464287630RUS 2000 VAL ETF1,805,000$280.4M5.8%+255,000+16.5%Added–
FTREFortrea Holdings Inc.COMMON STOCK7,595,000$265.1M5.5%+7,595,000NewHistory
ACTGAcacia Research CorpACACIA TCH COM61,123,595$239.6M5.0%00.0%UnchangedHistory
BLMNBloomin' Brands, Inc.COM8,441,000$237.6M5.0%+100,000+1.2%AddedHistory
NWSNews CorpCL B8,732,000$224.6M4.7%+8,732,000NewHistory
ACMAecomCOM1,809,000$167.2M3.5%−1,080,000−37.4%ReducedHistory
VRTVertiv Holdings CoCOM CL A2,609,588$125.3M2.6%−1,511,011−36.7%ReducedHistory
MRCYMercury Systems IncCOM2,145,000$78.4M1.6%−163,800−7.1%ReducedHistory
ROGRogers CorpCOM454,000$60.0M1.2%−91,519−16.8%ReducedHistory
GDOTGreen Dot CorpCL A5,294,110$52.4M1.1%00.0%UnchangedHistory
iShares Russell Midcap ETF464287499ETF575,000$44.7M0.9%+150,000+35.3%Added–
NWSANews CorpCL A1,700,000$41.7M0.9%+1,700,000NewHistory
Liveperson Inc538146AD3NOTE 12/1–$22.2M0.5%–––
Q2 Hldgs Inc74736LAD1NOTE 0.750% 6/0–$18.2M0.4%–––
RBARB Global Inc.COM251,163$16.8M0.4%00.0%UnchangedHistory
Liveperson Inc538146AB7NOTE 0.750% 3/0–$15.2M0.3%–New–
SVIISpring Valley Acquisition Corp. IICLASS A ORD850,000$9.19M0.2%00.0%UnchangedHistory
Wix.com Ltd.92940WAD1NOTE 8/1–$6.83M0.1%–––
ALCYFAlchemy Investments Acquisition Corp 1SHS CL A350,000$3.65M0.1%00.0%UnchangedHistory
KVACFKeen Vision Acquisition Corp.SHS300,000$3.10M0.1%00.0%UnchangedHistory

Options (2)

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 2023
SecurityClassPutsCalls
iShares Russell 2000 ETF464287655ETF$11.0M–
VRTVertiv Holdings CoCOM CL A$347.6K–

Sold out since Q3 2023 (3)

Positions held at the end of Q3 2023 that are gone from this filing.

Positions of Starboard Value sold out since Q3 2023
SecurityClassShares in Q3 2023Value in Q3 2023% of portfolio in Q3 2023History
ISRLFIsrael Acquisitions CorpCLASS A ORD500,000$5.28M0.1%History
Monterey Cap Acquisition Cor61244M109CLASS A COM375,000$3.99M0.1%–
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD300,000$3.29M0.1%–