Starboard Value 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 20 US equity positions worth $3.3bn in its Q1 2017 13F filing. The largest position was PRGO at 19.7% of the reported book, followed by YAHOO INC and MARVELL TECHNOLOGY GROUP LTD. Against the Q4 2016 filing, it opened 4 new positions, added to 4 and reduced 5 among the top 20 holdings.
What did Starboard Value own in Q1 2017? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 19.7% | $640.1m | 9,641,425 | 1% | added |
| 2 | YAHOO INC | 17.5% | $570.8m | 12,298,627 | 0% | held | |
| 3 | MARVELL TECHNOLOGY GROUP LTD | 15.8% | $514.6m | 33,720,786 | 0% | held | |
| 4 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 12.9% | $418.8m | 2,825,000 | 0% | held |
| 5 | BCO BRINKS CO | Industrials | 5.0% | $161.9m | 3,028,930 | -34% | reduced |
| 6 | FTNT FORTINET INC | Technology | 4.9% | $160.1m | 4,173,424 | – | new |
| 7 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 3.9% | $125.8m | 5,307,612 | 28% | added |
| 8 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 3.7% | $120.5m | 2,025,000 | 37% | added |
| 9 | STC STEWART INFORMATION SVCS COR | Financial Services | 3.1% | $102.3m | 2,315,000 | 0% | held |
| 10 | BAX BAXTER INTL INC | Healthcare | 3.0% | $99.1m | 1,910,000 | -22% | reduced |
| 11 | TRCO TRIBUNE MEDIA CO | 2.3% | $74.1m | 1,989,314 | -1% | reduced | |
| 12 | DEPOMED INC | 2.0% | $66.5m | 5,295,270 | 0% | held | |
| 13 | NSP INSPERITY INC | Industrials | 1.8% | $58.5m | 660,000 | -13% | reduced |
| 14 | ISHARES TR | 1.6% | $52.1m | 441,000 | 765% | added | |
| 15 | QUANTUM CORP | 1.0% | $34.2m | 35,550,000 | 0% | held | |
| 16 | ADVISORY BRD CO | 0.6% | $18.7m | 400,000 | – | new | |
| 17 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 0.4% | $12.3m | 168,595 | – | new |
| 18 | CLUBCORP HLDGS INC | 0.3% | $10.8m | 670,235 | – | new | |
| 19 | PINNACLE ENTMT INC NEW | 0.3% | $9.8m | 500,000 | -67% | reduced | |
| 20 | QUANTUM CORP | 0.2% | $6.5m | 7,518,996 | 0% | held |
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.