Starboard Value 13F holdings, Q3 2016
Holdings as of September 30, 2016 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 22 US equity positions worth $3.2bn in its Q3 2016 13F filing. The largest position was PRGO at 16.9% of the reported book, followed by YAHOO INC and MARVELL TECHNOLOGY GROUP LTD. Against the Q2 2016 filing, it opened 7 new positions, added to 3 and reduced 6 among the top 22 holdings.
What did Starboard Value own in Q3 2016? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2016 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 16.9% | $544.3m | 5,895,093 | – | new |
| 2 | YAHOO INC | 16.5% | $530.1m | 12,298,627 | 0% | held | |
| 3 | MARVELL TECHNOLOGY GROUP LTD | 13.9% | $447.5m | 33,720,786 | 65% | added | |
| 4 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 13.1% | $421.3m | 2,825,000 | 3% | added |
| 5 | BCO BRINKS CO | Industrials | 5.3% | $169.8m | 4,578,930 | 0% | held |
| 6 | DEPOMED INC | 4.7% | $150.2m | 6,015,000 | 0% | held | |
| 7 | WESTROCK CO | 4.5% | $145.4m | 3,000,000 | -42% | reduced | |
| 8 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 3.9% | $124.8m | 5,484,506 | – | new |
| 9 | M MACYS INC | Consumer Cyclical | 3.5% | $111.5m | 3,010,200 | 28% | added |
| 10 | NSP INSPERITY INC | Industrials | 3.4% | $108.7m | 1,496,063 | 0% | held |
| 11 | STC STEWART INFORMATION SVCS COR | Financial Services | 3.2% | $102.9m | 2,315,000 | – | new |
| 12 | BAX BAXTER INTL INC | Healthcare | 2.8% | $89.2m | 1,875,000 | -9% | reduced |
| 13 | INFOBLOX INC | 2.3% | $73.8m | 2,800,000 | -27% | reduced | |
| 14 | ISHARES TR | 1.8% | $58.2m | 556,000 | -33% | reduced | |
| 15 | QUANTUM CORP | 1.0% | $32.9m | 35,550,000 | 0% | held | |
| 16 | PINNACLE ENTMT INC NEW | 0.6% | $18.8m | 1,524,700 | -24% | reduced | |
| 17 | CABELAS INC | 0.5% | $16.5m | 300,000 | – | new | |
| 18 | TRONC INC | 0.5% | $16.0m | 945,000 | – | new | |
| 19 | CW CURTISS WRIGHT CORP | Industrials | 0.5% | $15.8m | 173,600 | -46% | reduced |
| 20 | FIESTA RESTAURANT GROUP INC | 0.4% | $14.0m | 585,000 | – | new | |
| 21 | QUANTUM CORP | 0.4% | $14.0m | 18,968,996 | 0% | held | |
| 22 | IMPERVA INC | 0.3% | $8.6m | 160,000 | – | 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.