Starboard Value 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 21 US equity positions worth $3.4bn in its Q2 2017 13F filing. The largest position was PRGO at 21.3% of the reported book, followed by ALTABA INC and MARVELL TECHNOLOGY GROUP LTD. Against the Q1 2017 filing, it opened 7 new positions, added to 4 and reduced 5 among the top 21 holdings.
What did Starboard Value own in Q2 2017? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 21.3% | $728.1m | 9,641,425 | 0% | held |
| 2 | ALTABA INC | 19.6% | $670.0m | 12,298,627 | – | new | |
| 3 | MARVELL TECHNOLOGY GROUP LTD | 16.3% | $557.1m | 33,720,786 | 0% | held | |
| 4 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 10.8% | $370.2m | 3,175,000 | 12% | added |
| 5 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 5.1% | $174.2m | 10,499,364 | 98% | added |
| 6 | FTNT FORTINET INC | Technology | 4.9% | $167.4m | 4,470,610 | 7% | added |
| 7 | BCO BRINKS CO | Industrials | 3.4% | $114.8m | 1,713,930 | -43% | reduced |
| 8 | FOREST CITY RLTY TR INC | 3.1% | $107.6m | 4,450,000 | – | new | |
| 9 | STC STEWART INFORMATION SVCS COR | Financial Services | 3.1% | $105.1m | 2,315,000 | 0% | held |
| 10 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 2.8% | $94.6m | 1,425,000 | -30% | reduced |
| 11 | BAX BAXTER INTL INC | Healthcare | 2.8% | $94.1m | 1,555,000 | -19% | reduced |
| 12 | ISHARES TR | 1.7% | $58.4m | 491,000 | 11% | added | |
| 13 | DEPOMED INC | 1.7% | $56.9m | 5,295,270 | 0% | held | |
| 14 | QUANTUM CORP | 1.0% | $34.7m | 35,550,000 | 0% | held | |
| 15 | WEBMD HEALTH CORP | 0.7% | $24.9m | 425,000 | – | new | |
| 16 | ADVISORY BRD CO | 0.5% | $18.0m | 350,000 | -12% | reduced | |
| 17 | ILG INC | 0.5% | $17.2m | 625,000 | – | new | |
| 18 | SPIRIT RLTY CAP INC NEW | 0.4% | $14.8m | 2,000,000 | – | new | |
| 19 | QUANTUM CORP | 0.2% | $7.3m | 939,872 | – | new | |
| 20 | NSP INSPERITY INC | Industrials | 0.2% | $6.1m | 85,296 | -87% | reduced |
| 21 | KONINKLIJKE PHILIPS N V | 0.1% | $1.8m | 50,000 | – | 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.