Starboard Value 13F, Q1 2026
Jeff Smith · quarter ending 31 March 2026 · filed 15 May 2026 · SEC CIK 1517137
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 3 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q1 2026
Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| QORVO INC | QRVO | $581.34M | 12.7% | unchanged |
| KENVUE INC | KVUE | $470.78M | 10.3% | unchanged |
| ISHARES TR | IJH | $393.74M | 8.6% | +11% shares |
| ALGONQUIN PWR UTILS CORP | AQN | $351.14M | 7.7% | -10% shares |
| MATCH GROUP INC NEW | MTCH | $349.95M | 7.7% | unchanged |
| ACACIA RESH CORP | ACTG | $294.00M | 6.4% | unchanged |
| BILL HOLDINGS INC | BILL | $269.05M | 5.9% | unchanged |
| LAMB WESTON HLDGS INC | LW | $258.42M | 5.7% | new |
| CARMAX INC | KMX | $257.85M | 5.6% | new |
| RIOT PLATFORMS INC | RIOT | $192.13M | 4.2% | +22% shares |
| GEN DIGITAL INC | GEN | $147.00M | 3.2% | -26% shares |
| NEWS CORP NEW | NWSA | $139.74M | 3.1% | -5% shares |
| FLUOR CORP | FLR | $134.65M | 3.0% | -44% shares |
| CLEARWATER ANALYTICS HLDGS I | $129.11M | 2.8% | -45% shares | |
| HEALTHCARE RLTY TR | HR | $115.89M | 2.5% | -46% shares |
| TRIPADVISOR INC | TRIP | $114.86M | 2.5% | +12% shares |
| BECTON DICKINSON & CO | BDX | $100.08M | 2.2% | -32% shares |
| GPGI INC | GPGI | $85.96M | 1.9% | new |
| NEWS CORP NEW | NWS | $73.81M | 1.6% | -42% shares |
| ROGERS CORP | ROG | $62.72M | 1.4% | -51% shares |
| BLOOMIN BRANDS INC | BLMN | $43.10M | 0.9% | unchanged |
| BITCOIN INFRASTRUCTURE ACQUI | $2.98M | 0.1% | unchanged | |
| BITCOIN INFRASTRUCTURE ACQUI | $44.5K | 0.0% | new |
What changed since Q4 2025
Against the Q4 2025 filing, Starboard Value opened 4 new positions, added to 3, trimmed 9, left 7 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000921895-26-001402, filed by Starboard Value LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.