Starboard Value 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 28 US equity positions worth $2.5bn in its Q3 2014 13F filing. The largest position was DRI at 24.3% of the reported book, followed by MEADWESTVACO CORP and YAHOO INC. Against the Q2 2014 filing, it opened 8 new positions, added to 5 and reduced 6 among the top 28 holdings.
What did Starboard Value own in Q3 2014? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 24.3% | $598.7m | 11,635,000 | 42% | added |
| 2 | MEADWESTVACO CORP | 15.5% | $382.8m | 9,350,000 | 0% | held | |
| 3 | YAHOO INC | 12.8% | $314.8m | 7,724,420 | – | new | |
| 4 | OFFICE DEPOT INC | 9.7% | $238.1m | 46,323,913 | 0% | held | |
| 5 | TESSERA TECHNOLOGIES INC | 5.1% | $126.3m | 4,750,000 | 0% | held | |
| 6 | BABCOCK & WILCOX CO NEW | 3.7% | $90.7m | 3,275,000 | -11% | reduced | |
| 7 | AOL INC. | 3.5% | $86.2m | 1,918,000 | – | new | |
| 8 | MICREL INC | 3.3% | $81.6m | 6,782,000 | 201% | added | |
| 9 | INTEGRATED DEVICE TECHNOLOGY | 3.1% | $77.4m | 4,850,000 | 0% | held | |
| 10 | WAUSAU PAPER CORP | 2.4% | $59.5m | 7,500,000 | 0% | held | |
| 11 | CALGON CARBON CORP | 2.0% | $48.9m | 2,525,000 | 0% | held | |
| 12 | REALD INC | 1.9% | $46.4m | 4,950,000 | 39% | added | |
| 13 | ENR ENERGIZER HLDGS INC | Industrials | 1.9% | $46.2m | 375,000 | – | new |
| 14 | CW CURTISS WRIGHT CORP | Industrials | 1.7% | $42.8m | 650,000 | -31% | reduced |
| 15 | QUANTUM CORP | 1.2% | $30.7m | 30,550,000 | 0% | held | |
| 16 | QUANTUM CORP | 1.2% | $29.8m | 25,695,000 | 0% | held | |
| 17 | LXU LSB INDS INC | Basic Materials | 1.1% | $26.8m | 750,000 | -16% | reduced |
| 18 | FAMILY DLR STORES INC | 0.9% | $23.2m | 300,000 | -57% | reduced | |
| 19 | KRATON PERFORMANCE POLYMERS | 0.9% | $22.6m | 1,270,000 | – | new | |
| 20 | UNWIRED PLANET INC NEW | 0.8% | $19.9m | 10,704,282 | 0% | held | |
| 21 | AARONS INC | 0.8% | $19.5m | 800,000 | – | new | |
| 22 | DSP GROUP INC | 0.5% | $11.9m | 1,346,500 | -18% | reduced | |
| 23 | INTEGRATED SILICON SOLUTION | 0.5% | $11.7m | 850,000 | – | new | |
| 24 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 0.4% | $9.2m | 150,000 | – | new |
| 25 | XO GROUP INC | 0.2% | $5.9m | 530,000 | 4% | added | |
| 26 | TWI TITAN INTL INC ILL | Industrials | 0.2% | $5.9m | 500,000 | – | new |
| 27 | IWM ISHARES TR | 0.2% | $5.7m | 52,000 | 940% | added | |
| 28 | ENTROPIC COMMUNICATIONS INC | 0.1% | $2.1m | 800,000 | -71% | 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.