Starboard Value 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 105 US equity positions worth $5.0bn in its Q1 2023 13F filing. The largest position was GDDY at 15.7% of the reported book, followed by CRM and ACM. Against the Q4 2022 filing, it opened 4 new positions, added to 4 and reduced 8 among the top 50 holdings.
What did Starboard Value own in Q1 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | GDDY GODADDY INC | Technology | 15.7% | $781.8m | 10,059,453 | -2% | reduced |
| 2 | CRM SALESFORCE INC | Technology | 10.1% | $505.6m | 2,530,983 | -16% | reduced |
| 3 | ACM AECOM | Industrials | 9.1% | $454.1m | 5,386,000 | -23% | reduced |
| 4 | SPLUNK INC | 8.8% | $439.4m | 4,583,000 | 145% | added | |
| 5 | WTW WILLIS TOWERS WATSON PLC LTD | Financial Services | 8.5% | $422.8m | 1,819,397 | -6% | reduced |
| 6 | HUM HUMANA INC | Healthcare | 7.8% | $388.4m | 800,000 | 3% | added |
| 7 | GEN GEN DIGITAL INC | Technology | 6.5% | $324.6m | 18,914,794 | 0% | held |
| 8 | VRT VERTIV HOLDINGS CO | Industrials | 4.8% | $240.7m | 16,818,581 | -0% | held |
| 9 | WIX WIX COM LTD | Technology | 3.9% | $196.8m | 1,972,076 | -15% | reduced |
| 10 | MRCY MERCURY SYS INC | Industrials | 3.9% | $192.8m | 3,772,291 | 0% | held |
| 11 | ROG ROGERS CORP | Technology | 3.4% | $168.0m | 1,028,200 | – | new |
| 12 | ISHARES TR | 2.5% | $123.3m | 900,000 | 0% | held | |
| 13 | GDOT GREEN DOT CORP | Financial Services | 1.8% | $91.0m | 5,294,110 | 0% | held |
| 14 | CVLT COMMVAULT SYS INC | Technology | 1.8% | $90.1m | 1,588,554 | 3% | added |
| 15 | ACTG ACACIA RESH CORP | Industrials | 1.5% | $77.2m | 20,000,000 | 300% | added |
| 16 | PZZA PAPA JOHNS INTL INC | Consumer Cyclical | 0.9% | $43.6m | 582,432 | -79% | reduced |
| 17 | ENOV ENOVIS CORPORATION | Healthcare | 0.4% | $18.9m | 353,165 | 0% | held |
| 18 | LIVEPERSON INC | 0.4% | $18.1m | 30,000,000 | – | new | |
| 19 | ON ON SEMICONDUCTOR CORP | Technology | 0.3% | $16.5m | 200,000 | -79% | reduced |
| 20 | RITCHIE BROS AUCTIONEERS | 0.3% | $14.1m | 251,163 | – | new | |
| 21 | ISHARES TR | 0.2% | $10.5m | 150,000 | 0% | held | |
| 22 | LPSN LIVEPERSON INC | Technology | 0.2% | $10.4m | 2,360,000 | -66% | reduced |
| 23 | SPRING VALLEY ACQUISTN CORP | 0.2% | $8.8m | 850,000 | 0% | held | |
| 24 | KIMBELL TIGER ACQUISITION CO | 0.2% | $7.9m | 750,000 | 0% | held | |
| 25 | INVESTCORP INDIA ACQUISTN CO | 0.2% | $7.9m | 750,000 | 0% | held | |
| 26 | HCM ACQUISITION CO | 0.2% | $7.8m | 750,000 | 0% | held | |
| 27 | KNIGHTSWAN ACQUISITION CORP | 0.2% | $7.8m | 750,000 | 0% | held | |
| 28 | BANYAN ACQUISITION CORPORATI | 0.2% | $7.8m | 750,000 | 0% | held | |
| 29 | PAPAYA GRWT OPPORTUNITY CORP | 0.2% | $7.8m | 750,000 | 0% | held | |
| 30 | A SPAC II ACQUISITION CORP | 0.2% | $7.8m | 750,000 | 0% | held | |
| 31 | ATLANTIC COASTAL AQSTN CORP | 0.2% | $7.8m | 750,000 | 0% | held | |
| 32 | CLEAN EARTH ACQUISITIONS COR | 0.2% | $7.7m | 750,000 | 0% | held | |
| 33 | AVALON ACQUISITION INC | 0.1% | $6.7m | 640,549 | 0% | held | |
| 34 | CONSILIUM ACQUISITN CORP I L | 0.1% | $6.6m | 639,252 | 0% | held | |
| 35 | WIX WIX COM LTD | 0.1% | $6.5m | 7,500,000 | – | new | |
| 36 | BIOPLUS ACQUISITION CORP | 0.1% | $6.4m | 617,220 | 0% | held | |
| 37 | BULLPEN PARLAY ACQUISITION C | 0.1% | $6.4m | 617,219 | 0% | held | |
| 38 | CYXTERA TECHNOLOGIES INC | 0.1% | $6.3m | 20,767,571 | 0% | held | |
| 39 | FTAC EMERALD ACQUISITION COR | 0.1% | $6.3m | 620,000 | 0% | held | |
| 40 | GLOBAL BLOCKCHAIN ACQUI CORP | 0.1% | $6.2m | 600,000 | 0% | held | |
| 41 | LATAMGROWTH SPAC | 0.1% | $5.8m | 550,000 | 0% | held | |
| 42 | CARTICA ACQUISITION CORP | 0.1% | $5.7m | 539,252 | 0% | held | |
| 43 | CRESCERA CAP ACQUISITION COR | 0.1% | $5.4m | 512,748 | 0% | held | |
| 44 | VAHANNA TECH EDGE ACQSTN I C | 0.1% | $5.3m | 509,330 | 0% | held | |
| 45 | NUBIA BRAND INTERNATIONAL CO | 0.1% | $5.3m | 500,000 | 0% | held | |
| 46 | SOUND POINT ACQUISITION CORP | 0.1% | $5.3m | 500,000 | 0% | held | |
| 47 | VALUENCE MERGER CORP I | 0.1% | $5.3m | 500,000 | 0% | held | |
| 48 | LIBERTY RES ACQUISITION CORP | 0.1% | $5.2m | 498,406 | 0% | held | |
| 49 | HEARTLAND MEDIA ACQUISITION | 0.1% | $5.2m | 500,000 | 0% | held | |
| 50 | JAGUAR GLOBAL GROWTH CORP I | 0.1% | $5.2m | 500,000 | 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.