Starboard Value 13F holdings, Q3 2015
Holdings as of September 30, 2015 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 26 US equity positions worth $2.9bn in its Q3 2015 13F filing. The largest position was DRI at 27.3% of the reported book, followed by AAP and WESTROCK CO. Against the Q2 2015 filing, it opened 10 new positions, added to 8 and reduced 2 among the top 26 holdings.
What did Starboard Value own in Q3 2015? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2015 |
|---|---|---|---|---|---|---|---|
| 1 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 27.3% | $797.5m | 11,635,000 | 0% | held |
| 2 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 11.1% | $323.6m | 1,707,376 | – | new |
| 3 | WESTROCK CO | 10.8% | $316.3m | 6,148,663 | – | new | |
| 4 | OFFICE DEPOT INC | 9.8% | $287.2m | 44,741,411 | 3% | added | |
| 5 | YAHOO INC | 7.0% | $205.4m | 7,103,904 | 100% | added | |
| 6 | M MACYS INC | Consumer Cyclical | 5.7% | $167.4m | 3,261,650 | 12% | added |
| 7 | NSP INSPERITY INC | Industrials | 5.0% | $146.5m | 3,335,976 | 0% | held |
| 8 | BCO BRINKS CO | Industrials | 4.2% | $123.7m | 4,578,930 | 7% | added |
| 9 | MEDASSETS INC | 3.7% | $106.8m | 5,325,000 | – | new | |
| 10 | MEDIA GEN INC NEW | 2.6% | $74.9m | 5,353,035 | – | new | |
| 11 | CW CURTISS WRIGHT CORP | Industrials | 2.4% | $68.9m | 1,103,900 | 68% | added |
| 12 | WAUSAU PAPER CORP | 1.6% | $48.0m | 7,500,000 | 0% | held | |
| 13 | REALD INC | 1.6% | $47.6m | 4,950,000 | 0% | held | |
| 14 | GIS GENERAL MLS INC | Consumer Defensive | 1.5% | $43.5m | 774,500 | – | new |
| 15 | BAX BAXTER INTL INC | Healthcare | 1.4% | $41.1m | 1,250,000 | – | new |
| 16 | ACM AECOM | Industrials | 1.0% | $28.9m | 1,050,000 | 43% | added |
| 17 | QUANTUM CORP | 0.9% | $25.1m | 30,550,000 | 0% | held | |
| 18 | LXU LSB INDS INC | Basic Materials | 0.8% | $24.7m | 1,610,000 | 6% | added |
| 19 | QUANTUM CORP | 0.6% | $17.9m | 25,695,000 | 0% | held | |
| 20 | TESSERA TECHNOLOGIES INC | 0.4% | $10.5m | 325,000 | -83% | reduced | |
| 21 | MSGN MSG NETWORK INC | 0.2% | $6.8m | 94,500 | – | new | |
| 22 | ALLERGAN PLC | 0.1% | $3.2m | 11,700 | 80% | added | |
| 23 | BNY BANK NEW YORK MELLON CORP | Financial Services | 0.1% | $1.7m | 43,100 | – | new |
| 24 | AVAGO TECHNOLOGIES LTD | 0.0% | $1.4m | 11,400 | – | new | |
| 25 | QCOM QUALCOMM INC | Technology | 0.0% | $537.0k | 10,000 | – | new |
| 26 | INTEGRATED SILICON SOLUTION | 0.0% | $21.0k | 1,000 | -100% | 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.