Starboard Value 13F holdings, Q1 2015
Holdings as of March 31, 2015 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 25 US equity positions worth $3.2bn in its Q1 2015 13F filing. The largest position was DRI at 24.9% of the reported book, followed by MEADWESTVACO CORP and OFFICE DEPOT INC. Against the Q4 2014 filing, it opened 3 new positions, added to 2 and reduced 9 among the top 25 holdings.
What did Starboard Value own in Q1 2015? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2014 |
|---|---|---|---|---|---|---|---|
| 1 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 24.9% | $806.8m | 11,635,000 | 0% | held |
| 2 | MEADWESTVACO CORP | 15.6% | $503.4m | 10,093,836 | 0% | held | |
| 3 | OFFICE DEPOT INC | 12.6% | $406.8m | 44,212,311 | 0% | held | |
| 4 | YAHOO INC | 9.4% | $303.2m | 6,824,420 | -12% | reduced | |
| 5 | NSP INSPERITY INC | Industrials | 5.4% | $174.4m | 3,335,976 | 194% | added |
| 6 | STAPLES INC | 5.2% | $167.0m | 10,256,811 | -35% | reduced | |
| 7 | BABCOCK & WILCOX CO NEW | 3.3% | $108.3m | 3,375,000 | -13% | reduced | |
| 8 | TESSERA TECHNOLOGIES INC | 3.2% | $104.7m | 2,600,000 | -31% | reduced | |
| 9 | MICREL INC | 3.2% | $102.3m | 6,782,000 | 0% | held | |
| 10 | WAUSAU PAPER CORP | 2.2% | $71.5m | 7,500,000 | 0% | held | |
| 11 | LXU LSB INDS INC | Basic Materials | 2.2% | $71.3m | 1,725,000 | 0% | held |
| 12 | REALD INC | 2.0% | $63.3m | 4,950,000 | 0% | held | |
| 13 | BCO BRINKS CO | Industrials | 1.8% | $57.3m | 2,075,000 | – | new |
| 14 | INTEGRATED SILICON SOLUTION | 1.5% | $49.6m | 2,774,150 | 16% | added | |
| 15 | QUANTUM CORP | 1.3% | $41.1m | 25,695,000 | 0% | held | |
| 16 | SGI TEMPUR SEALY INTL INC | Consumer Cyclical | 1.2% | $39.0m | 675,000 | – | new |
| 17 | CW CURTISS WRIGHT CORP | Industrials | 1.1% | $36.2m | 490,000 | -19% | reduced |
| 18 | QUANTUM CORP | 1.1% | $35.9m | 30,550,000 | 0% | held | |
| 19 | BNY BANK NEW YORK MELLON CORP | Financial Services | 0.9% | $30.2m | 750,000 | – | new |
| 20 | CLH CLEAN HARBORS INC | Industrials | 0.8% | $25.6m | 450,000 | -67% | reduced |
| 21 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.6% | $18.7m | 225,000 | -44% | reduced |
| 22 | UNWIRED PLANET INC NEW | 0.2% | $6.1m | 10,704,282 | 0% | held | |
| 23 | TWI TITAN INTL INC ILL | Industrials | 0.2% | $5.1m | 550,000 | 0% | held |
| 24 | DSP GROUP INC | 0.1% | $4.7m | 390,000 | -52% | reduced | |
| 25 | CALGON CARBON CORP | 0.1% | $3.2m | 150,000 | -92% | 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.