Starboard Value 13F holdings, Q4 2016
Holdings as of December 31, 2016 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 22 US equity positions worth $3.4bn in its Q4 2016 13F filing. The largest position was PRGO at 23.4% of the reported book, followed by AAP and YAHOO INC. Against the Q3 2016 filing, it opened 6 new positions, added to 2 and reduced 7 among the top 22 holdings.
What did Starboard Value own in Q4 2016? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2016 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 23.4% | $791.2m | 9,506,425 | 61% | added |
| 2 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 14.2% | $477.8m | 2,825,000 | 0% | held |
| 3 | YAHOO INC | 14.1% | $475.6m | 12,298,627 | 0% | held | |
| 4 | MARVELL TECHNOLOGY GROUP LTD | 13.9% | $467.7m | 33,720,786 | 0% | held | |
| 5 | BCO BRINKS CO | Industrials | 5.6% | $188.9m | 4,578,930 | 0% | held |
| 6 | BAX BAXTER INTL INC | Healthcare | 3.2% | $108.7m | 2,451,150 | 31% | added |
| 7 | M MACYS INC | Consumer Cyclical | 3.2% | $107.8m | 3,010,200 | 0% | held |
| 8 | STC STEWART INFORMATION SVCS COR | Financial Services | 3.2% | $106.7m | 2,315,000 | 0% | held |
| 9 | ROCKWELL COLLINS INC | 3.0% | $102.0m | 1,100,000 | – | new | |
| 10 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 2.8% | $96.1m | 4,152,306 | -24% | reduced |
| 11 | DEPOMED INC | 2.8% | $95.0m | 5,270,270 | -12% | reduced | |
| 12 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 2.4% | $82.6m | 1,475,000 | – | new |
| 13 | TRCO TRIBUNE MEDIA CO | 2.1% | $70.0m | 2,002,314 | – | new | |
| 14 | NSP INSPERITY INC | Industrials | 1.6% | $53.9m | 760,000 | -49% | reduced |
| 15 | WESTROCK CO | 1.1% | $35.5m | 700,000 | -77% | reduced | |
| 16 | QUANTUM CORP | 1.0% | $34.0m | 35,550,000 | 0% | held | |
| 17 | VIAV VIAVI SOLUTIONS INC | Technology | 0.8% | $28.6m | 3,500,000 | – | new |
| 18 | PINNACLE ENTMT INC NEW | 0.6% | $21.8m | 1,502,000 | -1% | reduced | |
| 19 | CSOD CORNERSTONE ONDEMAND INC | 0.4% | $12.7m | 300,000 | – | new | |
| 20 | TTWO TAKE-TWO INTERACTIVE SOFTWAR | Communication Services | 0.2% | $7.1m | 145,000 | – | new |
| 21 | QUANTUM CORP | 0.2% | $6.3m | 7,518,996 | -60% | reduced | |
| 22 | ISHARES TR | 0.2% | $6.1m | 51,000 | -91% | 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.