Starboard Value 13F holdings, Q2 2016
Holdings as of June 30, 2016 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 20 US equity positions worth $2.4bn in its Q2 2016 13F filing. The largest position was YAHOO INC at 19.6% of the reported book, followed by AAP and DRI. Against the Q1 2016 filing, it opened 4 new positions, added to 4 and reduced 7 among the top 20 holdings.
What did Starboard Value own in Q2 2016? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2016 |
|---|---|---|---|---|---|---|---|
| 1 | YAHOO INC | 19.6% | $461.9m | 12,298,627 | 0% | held | |
| 2 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 18.9% | $445.3m | 2,755,000 | 61% | added |
| 3 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 10.4% | $246.4m | 3,890,000 | -41% | reduced |
| 4 | WESTROCK CO | 8.5% | $199.8m | 5,141,258 | 13% | added | |
| 5 | MARVELL TECHNOLOGY GROUP LTD | 8.2% | $194.4m | 20,397,364 | 0% | held | |
| 6 | BCO BRINKS CO | Industrials | 5.5% | $130.5m | 4,578,930 | 0% | held |
| 7 | DEPOMED INC | 5.0% | $118.0m | 6,015,000 | 104% | added | |
| 8 | NSP INSPERITY INC | Industrials | 4.9% | $115.5m | 1,496,063 | -55% | reduced |
| 9 | BAX BAXTER INTL INC | Healthcare | 3.9% | $93.3m | 2,062,500 | -20% | reduced |
| 10 | ISHARES TR | 3.4% | $80.4m | 826,000 | 78% | added | |
| 11 | M MACYS INC | Consumer Cyclical | 3.4% | $79.3m | 2,360,200 | -40% | reduced |
| 12 | INFOBLOX INC | 3.1% | $72.2m | 3,850,000 | – | new | |
| 13 | CW CURTISS WRIGHT CORP | Industrials | 1.2% | $27.3m | 323,600 | -53% | reduced |
| 14 | QUANTUM CORP | 1.1% | $25.8m | 35,550,000 | 0% | held | |
| 15 | DK DELEK US HLDGS INC | Energy | 1.0% | $24.4m | 1,850,000 | – | new |
| 16 | PINNACLE ENTMT INC NEW | 0.9% | $22.2m | 2,000,000 | – | new | |
| 17 | NXST NEXSTAR BROADCASTING GROUP I | Communication Services | 0.4% | $9.0m | 190,000 | -43% | reduced |
| 18 | QUANTUM CORP | 0.3% | $8.0m | 18,968,996 | 0% | held | |
| 19 | MARKETO INC | 0.2% | $4.4m | 125,000 | – | new | |
| 20 | FCPT FOUR CORNERS PPTY TR INC | Real Estate | 0.2% | $3.8m | 185,814 | -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.