Q4 2025 · 13F-HR
Starboard Value LPholdings as filed
Filed 2026-02-17 · accession 0000921895-26-000450
$5.28B
Reported value
22
Positions
2025-12-31
Period end
The Brief · Starboard Value LP · Q4 2025
AI · grounded in 13F
Starboard Value LP established a new position in CWAN worth $240.2M. The fund also opened a new stake in FLR for $205.7M and increased its holding in KVUE by 30.47%. On the sell side, the fund closed its entire position in ALIT, reducing its exposure by $149.5M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 74736K101 | QRVO | QORVO INC | $634.7M | 12.0% | 7,510,871 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $471.1M | 8.92% | 27,307,632 | Common | SOLE |
| 015857105 | AQN | ALGONQUIN PWR UTILS CORP | $390.5M | 7.40% | 63,489,420 | Common | SOLE |
| 090043100 | BILL | BILL HOLDINGS INC | $383.1M | 7.26% | 7,024,848 | Common | SOLE |
| 57667L107 | MTCH | MATCH GROUP INC NEW | $368.0M | 6.97% | 11,395,379 | Common | SOLE |
| 464287507 | IJH | ISHARES TR | $346.5M | 6.56% | 5,250,656 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $296.5M | 5.62% | 1,001,733 | Common | SOLE |
| 668771108 | GEN | GEN DIGITAL INC | $287.8M | 5.45% | 10,585,592 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $249.1M | 4.72% | 940,325 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $240.2M | 4.55% | 9,959,031 | Common | SOLE |
| 003881307 | ACTG | ACACIA RESH CORP | $228.6M | 4.33% | 61,123,595 | Common | SOLE |
| 42226K105 | HR | HEALTHCARE RLTY TR | $213.6M | 4.05% | 12,600,000 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP NEW | $205.7M | 3.90% | 5,191,327 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $180.5M | 3.42% | 929,917 | Common | SOLE |
| 767292105 | RIOT | RIOT PLATFORMS INC | $161.5M | 3.06% | 12,744,576 | Common | SOLE |
| 65249B109 | NWSA | NEWS CORP NEW | $154.0M | 2.92% | 5,895,487 | Common | SOLE |
| 896945201 | TRIP | TRIPADVISOR INC | $140.4M | 2.66% | 9,644,996 | Common | SOLE |
| 65249B208 | NWS | NEWS CORP NEW | $131.5M | 2.49% | 4,439,081 | Common | SOLE |
| 775133101 | ROG | ROGERS CORP | $110.2M | 2.09% | 1,203,457 | Common | SOLE |
| 094235108 | BLMN | BLOOMIN BRANDS INC | $49.2M | 0.93% | 7,980,992 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $33.7M | 0.64% | 137,000 | Common | SOLE |
| G1143H101 | BIXI | BITCOIN INFRASTRUCTURE ACQUI | $3.0M | 0.06% | 300,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.