Starboard Value 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 15 US equity positions worth $4.5bn in its Q1 2018 13F filing. The largest position was PRGO at 17.7% of the reported book, followed by ALTABA INC and MARVELL TECHNOLOGY GROUP LTD. Against the Q4 2017 filing, it opened 1 new position, added to 5 and reduced 6 among the top 15 holdings.
What did Starboard Value own in Q1 2018? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | PRGO PERRIGO CO PLC | Healthcare | 17.7% | $803.5m | 9,641,425 | 0% | held |
| 2 | ALTABA INC | 15.7% | $711.7m | 9,611,727 | -8% | reduced | |
| 3 | MARVELL TECHNOLOGY GROUP LTD | 15.6% | $708.1m | 33,720,786 | 0% | held | |
| 4 | NWL NEWELL BRANDS INC | Consumer Defensive | 10.4% | $473.5m | 18,584,454 | – | new |
| 5 | MELLANOX TECHNOLOGIES LTD | 8.8% | $398.2m | 5,466,621 | 9% | added | |
| 6 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 8.3% | $376.4m | 3,175,000 | 0% | held |
| 7 | FOREST CITY RLTY TR INC | 6.8% | $309.4m | 15,272,223 | 186% | added | |
| 8 | CARS CARS COM INC | Communication Services | 4.2% | $191.3m | 6,752,000 | 48% | added |
| 9 | ENVISION HEALTHCARE CORP | 3.3% | $150.2m | 3,907,197 | 52% | added | |
| 10 | MAC MACERICH CO | Real Estate | 3.0% | $135.4m | 2,416,850 | 303% | added |
| 11 | BEMIS INC | 1.9% | $86.6m | 1,989,750 | -7% | reduced | |
| 12 | BAX BAXTER INTL INC | Healthcare | 1.5% | $68.1m | 1,047,500 | -12% | reduced |
| 13 | ISHARES TR | 1.3% | $59.8m | 491,000 | -7% | reduced | |
| 14 | BCO BRINKS CO | Industrials | 0.9% | $42.3m | 592,455 | -31% | reduced |
| 15 | DEPOMED INC | 0.7% | $29.9m | 4,540,565 | -3% | 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.