Starboard Value 13F holdings, Q4 2011
Holdings as of December 31, 2011 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 20 US equity positions worth $370.9m in its Q4 2011 13F filing. The largest position was AOL INC at 17.8% of the reported book, followed by REGIS CORP MINN and ISHARES TR RUSL 2000 VALU. Against the Q3 2011 filing, it opened 5 new positions, added to 8 and reduced 3 among the top 20 holdings.
What did Starboard Value own in Q4 2011? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2011 |
|---|---|---|---|---|---|---|---|
| 1 | AOL INC | 17.8% | $65.9m | 4,366,000 | 212% | added | |
| 2 | REGIS CORP MINN | 11.3% | $42.0m | 2,535,000 | 4% | added | |
| 3 | ISHARES TR RUSL 2000 VALU | 11.1% | $41.0m | 625,000 | – | new | |
| 4 | WAUSAU PAPER CORP | 9.3% | $34.4m | 4,159,000 | 12% | added | |
| 5 | EXTR EXTREME NETWORKS INC | Technology | 7.2% | $26.8m | 9,165,000 | 0% | held |
| 6 | PRGS PROGRESS SOFTWARE CORP | Technology | 7.1% | $26.2m | 1,353,035 | 82% | added |
| 7 | MIPS TECHNOLOGIES INC | 6.3% | $23.5m | 5,275,000 | 1% | added | |
| 8 | AVID TECHNOLOGY INC | 5.6% | $20.6m | 2,415,000 | – | new | |
| 9 | ANALOGIC CORP | 3.7% | $13.6m | 237,932 | -5% | reduced | |
| 10 | OPENWAVE SYS INC | 3.6% | $13.5m | 8,513,000 | 0% | held | |
| 11 | DSP GROUP INC | 3.1% | $11.6m | 2,222,079 | 3% | added | |
| 12 | REGIS CORP MINN | 3.0% | $11.1m | 8,929,000 | 0% | held | |
| 13 | TESSERA TECHNOLOGIES INC | 2.8% | $10.4m | 622,916 | – | new | |
| 14 | SHORETEL INC | 2.6% | $9.5m | 1,484,553 | 78% | added | |
| 15 | EXAR CORP | 2.1% | $7.9m | 1,220,700 | – | new | |
| 16 | XO GROUP INC | 1.7% | $6.1m | 737,211 | 32% | added | |
| 17 | TELLABS INC | 1.0% | $3.7m | 914,900 | – | new | |
| 18 | AVNW AVIAT NETWORKS INC | 0.7% | $2.4m | 1,322,820 | 0% | held | |
| 19 | BAKER MICHAEL CORP | 0.1% | $490.0k | 25,000 | -96% | reduced | |
| 20 | IRIS INTL INC | 0.1% | $234.0k | 25,000 | -96% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.