WhaleCreep

Starboard Value LP 13F holdings, Q1 2013

Hedge fundSEC filingsCompare with another fundHoldings as of 2013-03-31, filed 2013-06-12

Starboard Value LP disclosed 20 US equity positions worth $937.1m in its Q1 2013 13F filing. Its largest position is ODPEUR at 17.7% of the reported book, followed by INTEGRATED DEVICE TECHNOLOGY and CALGON CARBON CORP. Versus Q4 2012 it opened 7 new positions, added to 3, reduced 4 and exited 6.

$937m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
20
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
17.7%
Largest position
The largest single position as a share of the reported equity book.
80.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
61
Quarters on file since Q2 2011
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2012: 7 new, 3 added, 4 reduced, 6 exited

20 rows
ODPEUR OFFICE DEPOT INC–17.7%$165m42.10m0.0%held
INTEGRATED DEVICE TECHNOLOGY no ticker–10.0%$93.4m12.50m0.0%held
CALGON CARBON CORP no ticker–9.8%$92.1m5.09m+183%added
WAUSAU PAPER CORP no ticker–8.4%$78.7m7.30m0.0%held
TESSERA TECHNOLOGIES INC no ticker–8.0%$75.0m4.00m+25%added
IWM ISHARES TR–7.2%$67.6m716,000–new
7/1 no ticker–6.8%$63.7m49.43m0.0%held
PRGS PROGRESS SOFTWARE CORPTechnology4.9%$46.2m2.02m−52%reduced
TRIQUINT SEMICONDUCTOR INC no ticker–3.9%$36.3m7.18m–new
NVDA NVIDIA CORPORATIONTechnology3.3%$30.8m2.40m–new
QUANTUM CORP no ticker–3.3%$30.7m24.02m+4.3%added
EXTR EXTREME NETWORKSTechnology3.2%$29.6m8.79m−6.5%reduced
FOE FERRO CORP–3.1%$28.9m4.28m–new
IWN ISHARES TR–3.0%$28.5m339,899−40%reduced
DSPGEUR DSP GROUPS INC–1.9%$17.9m2.22m0.0%held
RGSUSD REGIS CORP MINN–1.9%$17.7m970,6000.0%held
DBD DIEBOLD NIXDORF INCTechnology1.5%$14.4m475,000–new
SFD SMITHFIELD FOODS INCConsumer Defensive1.1%$9.9m375,000–new
WEBSENSE INC no ticker–0.6%$6.0m400,000−38%reduced
VERIFONE SYS INC no ticker–0.4%$4.1m200,000–new

Exited since Q4 2012

6 rows
PRSU VIAD CORP2.2%$15.6m
MIPS TECHNOLOGIES INC no ticker1.1%$8.0m
TTI TETRA TECHNOLOGIES INC DEL1.0%$7.2m
HARRY WINSTON DIAMOND CORP no ticker0.9%$6.3m
SEACOR HOLDINGS INC no ticker0.8%$5.9m
COINSTAR INC no ticker0.2%$1.3m

Sector mix

  • Unclassified86.0%
  • Technology12.9%
  • Consumer Defensive1.1%

Book over time

Every quarter on file (61)
QuarterPositionsEquity book
Q2 202621$4.5bn
Q1 202623$4.6bn
Q4 202522$5.3bn
Q3 202520$5.3bn
Q2 202524$5.8bn
Q1 202522$5.5bn
Q4 202421$5.5bn
Q3 202418$4.7bn
Q2 202419$4.3bn
Q1 202421$4.8bn
Q4 202325$4.8bn
Q3 202324$3.9bn
Q2 202347$4.6bn
Q1 2023104$5.0bn
Q4 2022147$5.2bn
Q3 2022176$4.5bn
Q2 2022182$5.5bn
Q1 2022169$7.5bn
Q4 2021135$7.2bn
Q3 202158$5.5bn
Q2 202162$5.1bn
Q1 202137$4.7bn
Q4 202018$3.9bn
Q3 202018$3.4bn
Q2 202017$2.8bn
Q1 202016$2.5bn
Q4 201914$3.4bn
Q3 201914$3.0bn
Q2 201918$3.3bn
Q1 201918$4.1bn
Q4 201814$3.2bn
Q3 201814$3.9bn
Q2 201816$4.0bn
Q1 201815$4.5bn
Q4 201718$4.1bn
Q3 201723$3.7bn
Q2 201721$3.4bn
Q1 201720$3.3bn
Q4 201622$3.4bn
Q3 201622$3.2bn
Q2 201620$2.4bn
Q1 201617$2.4bn
Q4 201521$2.6bn
Q3 201526$2.9bn
Q2 201531$3.1bn
Q1 201525$3.2bn
Q4 201427$3.2bn
Q3 201428$2.5bn
Q2 201428$2.1bn
Q1 201423$1.5bn
Q4 201322$1.7bn
Q3 201324$1.2bn
Q2 201324$1.2bn
Q1 201320$937m
Q4 201219$709m
Q3 201217$651m
Q2 201216$554m
Q1 201218$514m
Q4 201120$371m
Q3 201117$230m
Q2 201113$160m

Where Starboard Value LP was early

34 rows
PRGS PROGRESS SOFTWARE CORPQ3 20111 of 875.7%17.3%9Exited by Q4 2013+47%
IWM ISHARES TRQ3 201112 of 2333.5%7.2%22Exited by Q1 2026+283%
IWN ISHARES TRQ4 20113 of 6411.1%15.7%39Exited by Q4 2024+154%
PRSU VIAD CORPQ1 20122 of 890.5%4.1%4Exited by Q1 2013+40%
FOE FERRO CORPQ1 20131 of 623.1%3.1%2Exited by Q3 2013+3.0%
SFD SMITHFIELD FOODS INCQ1 20133 of 901.1%5.0%2Exited by Q3 2013+24%
NVDA NVIDIA CORPQ1 20135 of 3973.3%5.0%4Exited by Q1 2014+25%
CW CURTISS WRIGHT CORPQ3 20132 of 1361.5%4.2%13Exited by Q4 2016+94%
LXU LSB INDS INCQ4 20131 of 892.0%2.7%8Exited by Q4 2015−63%
DRI DARDEN RESTAURANTS INCQ4 20132 of 14123.0%28.4%11Exited by Q3 2016+30%
ENR ENERGIZER HLDGS INCQ3 20143 of 971.9%1.9%2Exited by Q1 2015+4.3%
NSP INSPERITY INCQ4 20142 of 1001.2%7.2%11Exited by Q3 2017+110%
CLH CLEAN HARBORS INCQ4 20143 of 1282.0%2.0%2Exited by Q2 2015+18%
BCO BRINKS COQ1 20153 of 1081.8%6.4%13Exited by Q2 2018+158%
SGI TEMPUR SEALY INTL INCQ1 20159 of 1911.2%1.2%2Exited by Q3 2015+14%
ACM AECOMQ2 20158 of 1430.8%11.4%25Exited by Q3 2024+166%
M MACYS INCQ2 201513 of 1776.4%7.2%7Exited by Q1 2017−47%
BAX BAXTER INTL INCQ3 201513 of 1461.4%4.4%14Exited by Q1 2019+100%
AAP ADVANCE AUTO PARTS INCQ3 201516 of 17911.1%18.9%22Exited by Q1 2021−17%
FCPT FOUR CORNERS PPTY TR INCQ4 20153 of 763.6%3.6%3Exited by Q3 2016−15%
STC STEWART INFORMATION SVCS CORQ3 20165 of 913.2%3.2%6Exited by Q1 2018−4.8%
HPE HEWLETT PACKARD ENTERPRISE CQ3 201619 of 2193.9%5.1%5Exited by Q4 2017+11%
FTNT FORTINET INCQ1 201710 of 1624.9%4.9%4Exited by Q1 2018+14%
MAC MACERICH COQ3 20176 of 1100.7%3.0%4Exited by Q3 2018+3.4%
CARS CARS COM INCQ4 201711 of 1253.2%4.5%7Exited by Q3 2019−32%
RPM RPM INTL INCQ2 20184 of 1090.9%2.0%6Exited by Q4 2019+18%
IWR ISHARES TRQ1 20191 of 351.7%2.3%17Exited by Q3 2024+50%
BOX BOX INCQ3 201913 of 1503.9%6.7%9Exited by Q4 2021+43%
GEN GEN DIGITAL INCQ4 20193 of 14519.7%20.3%26Exited by Q2 2026−26%
CTVA CORTEVA INCQ3 202011 of 16510.0%14.2%8Exited by Q3 2022+88%
ON ON SEMICONDUCTOR CORPQ4 202020 of 2447.5%7.6%10Exited by Q2 2023+152%
ENOV ENOVIS CORPORATIONQ1 20221 of 1032.2%2.2%5Exited by Q2 2023−22%
VRT VERTIV HOLDINGS COQ4 202221 of 2534.4%8.5%5Exited by Q1 2024+252%
FTRE FORTREA HLDGS INCQ4 20239 of 1135.5%5.5%7Exited by Q3 2025−86%

Concentration and tenure

17.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
82.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters