Starboard Value 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 18 US equity positions worth $4.1bn in its Q4 2017 13F filing. The largest position was PRGO at 20.6% of the reported book, followed by ALTABA INC and MARVELL TECHNOLOGY GROUP LTD. Against the Q3 2017 filing, it opened 2 new positions, added to 4 and reduced 8 among the top 18 holdings.
What did Starboard Value own in Q4 2017? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 20.6% | $840.3m | 9,641,425 | 0% | held |
| 2 | ALTABA INC | 18.0% | $733.6m | 10,502,806 | -15% | reduced | |
| 3 | MARVELL TECHNOLOGY GROUP LTD | 17.7% | $724.0m | 33,720,786 | 0% | held | |
| 4 | MELLANOX TECHNOLOGIES LTD | 7.9% | $323.9m | 5,006,621 | – | new | |
| 5 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 7.8% | $316.5m | 3,175,000 | 0% | held |
| 6 | FTNT FORTINET INC | Technology | 3.8% | $153.6m | 3,516,406 | -10% | reduced |
| 7 | CARS CARS COM INC | Communication Services | 3.2% | $131.9m | 4,575,000 | – | new |
| 8 | FOREST CITY RLTY TR INC | 3.2% | $128.6m | 5,337,223 | 58% | added | |
| 9 | BEMIS INC | 2.5% | $101.8m | 2,130,000 | 42% | added | |
| 10 | STC STEWART INFORMATION SVCS COR | Financial Services | 2.4% | $97.9m | 2,315,000 | 0% | held |
| 11 | ENVISION HEALTHCARE CORP | 2.2% | $89.0m | 2,574,852 | -2% | reduced | |
| 12 | MONOTYPE IMAGING HOLDINGS IN | 2.0% | $82.0m | 3,404,546 | 70% | added | |
| 13 | BAX BAXTER INTL INC | Healthcare | 1.9% | $77.1m | 1,192,500 | -12% | reduced |
| 14 | CTSH COGNIZANT TECHNOLOGY SOLUTIO | Technology | 1.7% | $71.0m | 1,000,000 | -13% | reduced |
| 15 | BCO BRINKS CO | Industrials | 1.6% | $67.3m | 855,205 | -34% | reduced |
| 16 | ISHARES TR | 1.6% | $66.1m | 526,000 | -20% | reduced | |
| 17 | MAC MACERICH CO | Real Estate | 1.0% | $39.4m | 600,000 | 20% | added |
| 18 | DEPOMED INC | 0.9% | $37.8m | 4,695,270 | -11% | 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.