Starboard Value 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 22 US equity positions worth $5.5bn in its Q1 2025 13F filing. The largest position was QRVO at 10.9% of the reported book, followed by KVUE and ADSK. Against the Q4 2024 filing, it opened 2 new positions, added to 5 and reduced 6 among the top 22 holdings.
What did Starboard Value own in Q1 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | QRVO QORVO INC | Technology | 10.9% | $598.8m | 8,270,000 | – | new |
| 2 | KVUE KENVUE INC | Consumer Defensive | 9.6% | $528.9m | 22,054,000 | 1% | added |
| 3 | ADSK AUTODESK INC | Technology | 9.5% | $523.6m | 2,000,000 | 93% | added |
| 4 | GEN GEN DIGITAL INC | Technology | 8.5% | $464.9m | 17,516,604 | 0% | held |
| 5 | MTCH MATCH GROUP INC NEW | Communication Services | 8.0% | $439.5m | 14,085,901 | -4% | reduced |
| 6 | BDX BECTON DICKINSON & CO | Healthcare | 7.3% | $400.6m | 1,749,000 | – | new |
| 7 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 6.2% | $341.5m | 66,433,000 | 2% | added |
| 8 | HR HEALTHCARE RLTY TR | Real Estate | 6.2% | $339.2m | 20,072,000 | -1% | reduced |
| 9 | ALIGHT INC | 5.2% | $284.2m | 47,924,000 | 1% | added | |
| 10 | NWS NEWS CORP NEW | Communication Services | 4.3% | $237.3m | 7,814,831 | -8% | reduced |
| 11 | CRM SALESFORCE INC | Technology | 4.1% | $228.0m | 849,679 | 52% | added |
| 12 | ISHARES TR | 3.8% | $208.0m | 3,564,875 | -10% | reduced | |
| 13 | NWSA NEWS CORP NEW | Communication Services | 3.6% | $196.0m | 7,201,393 | 0% | held |
| 14 | PFE PFIZER INC | Healthcare | 3.6% | $195.9m | 7,731,000 | -50% | reduced |
| 15 | ACTG ACACIA RESH CORP | Industrials | 3.6% | $195.6m | 61,123,595 | 0% | held |
| 16 | RIOT RIOT PLATFORMS INC | Financial Services | 1.6% | $90.4m | 12,700,000 | -0% | held |
| 17 | BLMN BLOOMIN BRANDS INC | Consumer Cyclical | 1.1% | $60.5m | 8,441,000 | 0% | held |
| 18 | ROG ROGERS CORP | Technology | 1.0% | $54.3m | 804,000 | 0% | held |
| 19 | FTRE FORTREA HLDGS INC | Healthcare | 0.7% | $39.8m | 5,268,000 | -30% | reduced |
| 20 | GDOT GREEN DOT CORP | Financial Services | 0.7% | $38.9m | 4,604,381 | 0% | held |
| 21 | RBA RB GLOBAL INC | Industrials | 0.5% | $25.2m | 251,163 | 0% | held |
| 22 | WIX WIX COM LTD | 0.1% | $7.4m | 7,500,000 | 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.