Starboard Value 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 22 US equity positions worth $4.8bn in its Q1 2024 13F filing. The largest position was GDDY at 15.7% of the reported book, followed by GEN and AQN. Against the Q4 2023 filing, it opened 1 new position, added to 3 and reduced 10 among the top 22 holdings.
What did Starboard Value own in Q1 2024? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | GDDY GODADDY INC | Technology | 15.7% | $762.1m | 6,421,462 | -15% | reduced |
| 2 | GEN GEN DIGITAL INC | Technology | 8.6% | $416.8m | 18,608,904 | 0% | held |
| 3 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 8.1% | $392.7m | 62,141,000 | 0% | held |
| 4 | ALIGHT INC | 8.1% | $392.1m | 39,807,000 | – | new | |
| 5 | CRM SALESFORCE INC | Technology | 7.5% | $364.0m | 1,208,475 | -21% | reduced |
| 6 | HUM HUMANA INC | Healthcare | 7.0% | $338.4m | 976,000 | -2% | reduced |
| 7 | WIX WIX COM LTD | Technology | 6.9% | $334.4m | 2,432,000 | -27% | reduced |
| 8 | ACTG ACACIA RESH CORP | Industrials | 6.7% | $325.8m | 61,123,595 | 0% | held |
| 9 | ISHARES TR | 5.6% | $270.8m | 1,705,000 | -6% | reduced | |
| 10 | BLMN BLOOMIN BRANDS INC | Consumer Cyclical | 5.0% | $242.1m | 8,441,000 | 0% | held |
| 11 | NWS NEWS CORP NEW | Communication Services | 4.9% | $236.3m | 8,732,000 | 0% | held |
| 12 | FTRE FORTREA HLDGS INC | Healthcare | 4.4% | $212.8m | 5,302,000 | -30% | reduced |
| 13 | NWSA NEWS CORP NEW | Communication Services | 3.2% | $156.0m | 5,957,000 | 250% | added |
| 14 | ROG ROGERS CORP | Technology | 2.0% | $95.4m | 804,000 | 77% | added |
| 15 | ACM AECOM | Industrials | 1.7% | $84.3m | 859,000 | -53% | reduced |
| 16 | MRCY MERCURY SYS INC | Industrials | 1.6% | $78.6m | 2,664,000 | 24% | added |
| 17 | GDOT GREEN DOT CORP | Financial Services | 1.0% | $46.8m | 5,018,381 | -5% | reduced |
| 18 | ISHARES TR | 0.9% | $44.1m | 525,000 | -9% | reduced | |
| 19 | RBA RB GLOBAL INC | Industrials | 0.4% | $19.1m | 251,163 | 0% | held |
| 20 | QTWO Q2 HLDGS INC | 0.4% | $18.9m | 20,000,000 | 0% | held | |
| 21 | WIX WIX COM LTD | 0.1% | $6.9m | 7,500,000 | 0% | held | |
| 22 | LIVEPERSON INC | 0.0% | $526.5k | 1,400,000 | -96% | 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.