Starboard Value 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Starboard Value disclosed 24 US equity positions worth $5.8bn in its Q2 2025 13F filing. The largest position was QRVO at 11.6% of the reported book, followed by MTCH and ADSK. Against the Q1 2025 filing, it opened 2 new positions, added to 6 and reduced 14 among the top 24 holdings.
What did Starboard Value own in Q2 2025? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | QRVO QORVO INC | Technology | 11.6% | $668.5m | 7,872,867 | -5% | reduced |
| 2 | MTCH MATCH GROUP INC NEW | Communication Services | 8.2% | $473.0m | 15,311,916 | 9% | added |
| 3 | ADSK AUTODESK INC | Technology | 7.9% | $454.2m | 1,467,348 | -27% | reduced |
| 4 | BDX BECTON DICKINSON & CO | Healthcare | 7.8% | $451.2m | 2,619,490 | 50% | added |
| 5 | KVUE KENVUE INC | Consumer Defensive | 7.6% | $438.1m | 20,929,938 | -5% | reduced |
| 6 | GEN GEN DIGITAL INC | Technology | 6.8% | $391.9m | 13,330,505 | -24% | reduced |
| 7 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 6.3% | $363.8m | 63,489,420 | -4% | reduced |
| 8 | CRM SALESFORCE INC | Technology | 5.9% | $341.5m | 1,252,247 | 47% | added |
| 9 | ISHARES TR | 5.6% | $325.6m | 5,250,656 | 47% | added | |
| 10 | HR HEALTHCARE RLTY TR | Real Estate | 5.3% | $306.0m | 19,290,672 | -4% | reduced |
| 11 | ALIGHT INC | 4.5% | $259.6m | 45,865,899 | -4% | reduced | |
| 12 | NWS NEWS CORP NEW | Communication Services | 4.1% | $235.5m | 6,862,525 | -12% | reduced |
| 13 | ACTG ACACIA RESH CORP | Industrials | 3.8% | $218.8m | 61,123,595 | 0% | held |
| 14 | PFE PFIZER INC | Healthcare | 3.6% | $207.1m | 8,542,149 | 10% | added |
| 15 | NWSA NEWS CORP NEW | Communication Services | 3.5% | $202.1m | 6,798,936 | -6% | reduced |
| 16 | TRIP TRIPADVISOR INC | Consumer Cyclical | 1.9% | $110.9m | 8,499,054 | – | new |
| 17 | IWM ISHARES TR | 1.3% | $73.4m | 340,000 | – | new | |
| 18 | BLMN BLOOMIN BRANDS INC | Consumer Cyclical | 1.2% | $68.7m | 7,980,992 | -5% | reduced |
| 19 | ROG ROGERS CORP | Technology | 1.1% | $61.6m | 899,502 | 12% | added |
| 20 | RIOT RIOT PLATFORMS INC | Financial Services | 0.9% | $52.8m | 4,676,900 | -63% | reduced |
| 21 | RBA RB GLOBAL INC | Industrials | 0.5% | $26.7m | 251,163 | 0% | held |
| 22 | GDOT GREEN DOT CORP | Financial Services | 0.3% | $18.7m | 1,733,298 | -62% | reduced |
| 23 | FTRE FORTREA HLDGS INC | Healthcare | 0.2% | $12.3m | 2,495,558 | -53% | reduced |
| 24 | WIX WIX COM LTD | 0.1% | $7.1m | 7,095,000 | -5% | 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.