Starboard Value 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 23 US equity positions worth $3.7bn in its Q3 2017 13F filing. The largest position was PRGO at 22.0% of the reported book, followed by ALTABA INC and MARVELL TECHNOLOGY GROUP LTD. Against the Q2 2017 filing, it opened 7 new positions, added to 1 and reduced 6 among the top 23 holdings.
What did Starboard Value own in Q3 2017? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 22.0% | $816.1m | 9,641,425 | 0% | held |
| 2 | ALTABA INC | 22.0% | $814.7m | 12,298,627 | 0% | held | |
| 3 | MARVELL TECHNOLOGY GROUP LTD | 16.3% | $603.6m | 33,720,786 | 0% | held | |
| 4 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 8.5% | $315.0m | 3,175,000 | 0% | held |
| 5 | FTNT FORTINET INC | Technology | 3.8% | $140.5m | 3,920,610 | -12% | reduced |
| 6 | ENVISION HEALTHCARE CORP | 3.2% | $118.5m | 2,636,493 | – | new | |
| 7 | BCO BRINKS CO | Industrials | 2.9% | $108.4m | 1,286,360 | -25% | reduced |
| 8 | STC STEWART INFORMATION SVCS COR | Financial Services | 2.4% | $87.4m | 2,315,000 | 0% | held |
| 9 | FOREST CITY RLTY TR INC | 2.3% | $85.9m | 3,367,500 | -24% | reduced | |
| 10 | BAX BAXTER INTL INC | Healthcare | 2.3% | $85.0m | 1,355,000 | -13% | reduced |
| 11 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 2.3% | $83.4m | 1,150,000 | -19% | reduced |
| 12 | ISHARES TR | 2.2% | $82.0m | 661,000 | 35% | added | |
| 13 | ETSY ETSY INC | Consumer Cyclical | 1.9% | $71.6m | 4,240,000 | – | new |
| 14 | BEMIS INC | 1.8% | $68.4m | 1,500,000 | – | new | |
| 15 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 1.1% | $39.8m | 2,704,973 | -74% | reduced |
| 16 | MONOTYPE IMAGING HOLDINGS IN | 1.0% | $38.5m | 2,001,227 | – | new | |
| 17 | QUANTUM CORP | 1.0% | $35.4m | 35,550,000 | 0% | held | |
| 18 | DEPOMED INC | 0.8% | $30.7m | 5,295,270 | 0% | held | |
| 19 | MAC MACERICH CO | Real Estate | 0.7% | $27.5m | 500,000 | – | new |
| 20 | JACK JACK IN THE BOX INC | Consumer Cyclical | 0.5% | $17.8m | 175,000 | – | new |
| 21 | ILG INC | 0.5% | $16.7m | 625,000 | 0% | held | |
| 22 | MBI MBIA INC | Financial Services | 0.3% | $10.4m | 1,200,000 | – | new |
| 23 | QUANTUM CORP | 0.2% | $5.8m | 939,872 | 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.