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Activist

Starboard Value

Starboard Value’s reported long US-listed equity holdings as of Q1 2026, from their Form 13F filing with the SEC.

13F value
$4.57B
reported long US equity
Positions
23
US-listed holdings
New this quarter
4
3 exited
Reporting period
Q1 2026
vs Q4 2025

Holdings

#HoldingValue% of 13FSharesChange
1QRVOQORVO INC$581.3M12.7%7.5M
2KVUEKENVUE INC$470.8M10.3%27.3M
3ISHARES TR$393.7M8.6%5.8MAdded
4AQNALGONQUIN PWR UTILS CORP$351.1M7.7%57.2MReduced
5MTCHMATCH GROUP INC NEW$350.0M7.7%11.4M
6ACTGACACIA RESH CORP$294.0M6.4%61.1M
7BILLBILL HOLDINGS INC$269.1M5.9%7.0M
8LWLAMB WESTON HLDGS INC$258.4M5.7%6.1MNew
9KMXCARMAX INC$257.9M5.6%6.2MNew
10RIOTRIOT PLATFORMS INC$192.1M4.2%15.5MAdded
11GENGEN DIGITAL INC$147.0M3.2%7.8MReduced
12NEWS CORP NEW$139.7M3.1%5.6MReduced
13FLRFLUOR CORP$134.6M2.9%2.9MReduced
14CLEARWATER ANALYTICS HLDGS I$129.1M2.8%5.5MReduced
15HRHEALTHCARE RLTY TR$115.9M2.5%6.8MReduced
16TRIPTRIPADVISOR INC$114.9M2.5%10.8MAdded
17BDXBECTON DICKINSON & CO$100.1M2.2%636.5KReduced
18GPGIGPGI INC$86.0M1.9%5.0MNew
19NWSNEWS CORP NEW$73.8M1.6%2.6MReduced
20ROGROGERS CORP$62.7M1.4%584.3KReduced
21BLMNBLOOMIN BRANDS INC$43.1M0.9%8.0M
22BITCOIN INFRASTRUCTURE ACQUI$3.0M0.1%300.0K
23BITCOIN INFRASTRUCTURE ACQUI$44,5500.0%150.0KNew

Sold out (Q1 2026)

ADSK, CRM, ISHARES TR

From Starboard Value’s Form 13F filing with the SEC, which can be up to 45 days after quarter-end. Covers long US-listed securities only: it excludes short positions, options detail, cash, bonds, and non-US holdings, so it is not the manager’s complete portfolio, and share counts and values are as of Q1 2026, not today. Not investment advice.