Starboard Value 13F holdings, Q4 2015
Holdings as of December 31, 2015 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 21 US equity positions worth $2.6bn in its Q4 2015 13F filing. The largest position was DRI at 28.4% of the reported book, followed by AAP and YAHOO INC. Against the Q3 2015 filing, it opened 4 new positions, added to 4 and reduced 5 among the top 21 holdings.
What did Starboard Value own in Q4 2015? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2015 |
|---|---|---|---|---|---|---|---|
| 1 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 28.4% | $740.5m | 11,635,000 | 0% | held |
| 2 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 9.9% | $257.0m | 1,707,376 | 0% | held |
| 3 | YAHOO INC | 9.1% | $236.3m | 7,103,904 | 0% | held | |
| 4 | WESTROCK CO | 7.9% | $206.0m | 4,516,258 | -27% | reduced | |
| 5 | MEDASSETS INC | 6.3% | $164.8m | 5,325,000 | 0% | held | |
| 6 | NSP INSPERITY INC | Industrials | 6.2% | $160.6m | 3,335,976 | 0% | held |
| 7 | BCO BRINKS CO | Industrials | 5.1% | $132.1m | 4,578,930 | 0% | held |
| 8 | M MACYS INC | Consumer Cyclical | 4.4% | $115.8m | 3,309,810 | 1% | added |
| 9 | FCPT FOUR CORNERS PPTY TR INC | Real Estate | 3.6% | $93.7m | 3,878,329 | – | new |
| 10 | BAX BAXTER INTL INC | Healthcare | 3.5% | $91.6m | 2,400,000 | 92% | added |
| 11 | MEDIA GEN INC NEW | 3.4% | $88.9m | 5,506,221 | 3% | added | |
| 12 | WAUSAU PAPER CORP | 2.9% | $76.7m | 7,500,000 | 0% | held | |
| 13 | REALD INC | 1.9% | $49.1m | 4,650,000 | -6% | reduced | |
| 14 | CW CURTISS WRIGHT CORP | Industrials | 1.8% | $46.1m | 673,600 | -39% | reduced |
| 15 | OFFICE DEPOT INC | 1.5% | $39.2m | 4,480,563 | -90% | reduced | |
| 16 | QUANTUM CORP | 1.2% | $32.3m | 35,550,000 | 16% | added | |
| 17 | QUANTUM CORP | 0.9% | $23.9m | 25,695,000 | 0% | held | |
| 18 | ACM AECOM | Industrials | 0.7% | $18.0m | 600,000 | -43% | reduced |
| 19 | NEW YORK REIT INC | 0.6% | $16.2m | 1,410,000 | – | new | |
| 20 | CIGNA CORPORATION | 0.4% | $9.4m | 64,394 | – | new | |
| 21 | SNYDERS-LANCE INC | 0.3% | $7.2m | 210,000 | – | new |
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.