Institutional
Starboard Value LP
CIK 0001517137
$4.57B
Reported AUM
25
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Starboard Value LP · Q1 2026
AI · grounded in 13F
Starboard Value LP closed its position in ADSK, reducing exposure by $296.5M. The fund established new positions in LW for $258.4M and KMX for $257.9M. Additionally, the fund exited CRM with a $249.1M sale and initiated a new stake in GPGI worth $86M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | QRVO | QORVO INC | $98.28 | -5.47% | 25.07% | -48.16% | $581.3M | 12.71% | — | HELD |
| 2 | KVUE | KENVUE INC | $17.71 | 4.92% | -14.71% | -24.27% | $470.8M | 10.29% | — | HELD |
| 3 | IJH | ISHARES TR | $73.95 | -2.00% | 22.71% | 46.95% | $393.7M | 8.61% | +580,000 | +11.0% |
| 4 | AQN | ALGONQUIN PWR UTILS CORP | $6.01 | 0.08% | 5.02% | -51.72% | $351.1M | 7.68% | −6,300,000 | −9.9% |
| 5 | MTCH | MATCH GROUP INC NEW | $34.42 | -0.98% | 10.67% | -77.61% | $350.0M | 7.65% | — | HELD |
| 6 | ACTG | ACACIA RESH CORP | $4.62 | -1.70% | 26.36% | -17.55% | $294.0M | 6.43% | — | HELD |
| 7 | BILL | BILL HOLDINGS INC | $35.97 | 0.03% | -21.15% | -82.61% | $269.1M | 5.88% | — | HELD |
| 8 | LW | LAMB WESTON HLDGS INC | $42.12 | -0.59% | -22.08% | -30.72% | $258.4M | 5.65% | +6,114,982 | NEW |
| 9 | KMX | CARMAX INC | $47.15 | 0.49% | -28.25% | -64.80% | $257.9M | 5.64% | +6,201,362 | NEW |
| 10 | RIOT | RIOT PLATFORMS INC | $24.66 | -10.23% | 150.36% | -25.16% | $192.8M | 4.22% | +3,592,500 | +28.2% |
| 11 | GEN | GEN DIGITAL INC | $26.28 | -0.90% | -8.65% | 17.54% | $147.0M | 3.21% | −2,778,670 | −26.2% |
| 12 | NWSA | NEWS CORP NEW | $27.26 | 1.56% | -1.23% | 15.78% | $139.7M | 3.05% | −290,361 | −4.9% |
| 13 | FLR | FLUOR CORP | $47.33 | -0.48% | 7.04% | 185.47% | $134.6M | 2.94% | −2,305,000 | −44.4% |
| 14 | CWAN | CLEARWATER ANALYTICS HLDGS I | $24.37 | -0.04% | 1.92% | 8.41% | $129.1M | 2.82% | −4,500,000 | −45.2% |
| 15 | HR | HEALTHCARE RLTY TR | $19.65 | 0.41% | 43.37% | 9.47% | $115.9M | 2.53% | −5,778,733 | −45.9% |
| 16 | TRIP | TRIPADVISOR INC | $11.86 | -0.75% | -16.01% | -68.75% | $114.9M | 2.51% | +1,130,000 | +11.7% |
| 17 | BDX | BECTON DICKINSON & CO | $151.16 | 1.07% | 13.46% | -16.52% | $100.1M | 2.19% | −293,423 | −31.6% |
| 18 | GPGI | GPGI INC | $11.89 | -0.67% | -14.55% | 48.73% | $86.0M | 1.88% | +5,027,028 | NEW |
| 19 | NWS | NEWS CORP NEW | $30.67 | -1.65% | -1.41% | 38.53% | $73.8M | 1.61% | −1,850,000 | −41.7% |
| 20 | ROG | ROGERS CORP | $137.67 | -5.56% | 105.45% | -27.77% | $62.7M | 1.37% | −619,129 | −51.4% |
| 21 | BLMN | BLOOMIN BRANDS INC | $7.27 | 1.82% | -2.05% | -65.71% | $43.1M | 0.94% | — | HELD |
| 22 | HYG | ISHARES TR | $79.43 | -0.50% | 6.72% | 19.17% | $3.0M | 0.07% | +3,000,000 | NEW |
| 23 | BIXI | BITCOIN INFRASTRUCTURE ACQUI | $9.99 | 0.00% | 1.32% | 0.91% | $3.0M | 0.07% | — | HELD |
| 24 | IWM | ISHARES TR | $281.65 | -3.55% | 34.35% | 35.27% | $2.7M | 0.06% | +546,100 | +398.6% |
| 25 | BIXIW | BITCOIN INFRASTRUCTURE ACQUI | $0.32 | 26.40% | 42.99% | 5.47% | $45K | 0.00% | +149,999 | NEW |
| 26 | ADSK | AUTODESK INC | $229.96 | -1.58% | -22.80% | -28.39% | — | — | −1,001,733 | EXITED |
| 27 | CRM | SALESFORCE INC | $185.66 | -1.64% | -31.86% | -22.13% | — | — | −940,325 | EXITED |
Source: SEC EDGAR · accession 0000921895-26-001402. 13F discloses long positions only — shorts, foreign equities, and options are excluded.