Starboard Value LP Diversified Active

Location: New York, NY

CIK: 0001517137 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $4.808B (98.7% shares, 1.3% debt)

Holdings (28)

GDDY GODADDY INC 16.6%

Value $798M Shares 7,512,771 Share Price $106.16 * Est. Cost/Share $73.32 Unrealized @ Report Date +22.0%

HUM HUMANA INC 9.5%

Value $455M Shares 994,146 Share Price $457.81 * Est. Cost/Share $422.96 Unrealized @ Report Date +13.4%

GEN GEN DIGITAL INC 8.8%

Value $425M Shares 18,608,904 Share Price $22.82 * Est. Cost/Share $15.78 Unrealized @ Report Date +20.6%

WIX WIX COM LTD 8.6%

Value $411M Shares 3,343,000 Share Price $123.02 * Est. Cost/Share $75.32 Unrealized @ Report Date +28.1%

CRM SALESFORCE INC 8.4%

Value $404M Shares 1,536,453 Share Price $263.14 * Est. Cost/Share $144.17 Unrealized @ Report Date +55.1%

AQN ALGONQUIN PWR UTILS CORP 8.1%

Value $392M Shares 61,991,000 Share Price $6.32 * Est. Cost/Share $7.01 Unrealized @ Report Date -24.9%

IWN ISHARES TR 5.8%

Value $280M Shares 1,805,000 Share Price $155.33 Est. Cost/Share $136.66 Unrealized @ Report Date —

FTRE FORTREA HLDGS INC 5.5%

Value $265M Shares 7,595,000 Share Price $34.90 * Est. Cost/Share $30.57 Unrealized @ Report Date 0.0%

ACTG ACACIA RESH CORP 5.0%

Value $240M Shares 61,123,595 Share Price $3.92 * Est. Cost/Share $3.93 Unrealized @ Report Date -5.9%

BLMN BLOOMIN BRANDS INC 4.9%

Value $238M Shares 8,441,000 Share Price $28.15 * Est. Cost/Share $23.53 Unrealized @ Report Date -7.5%

NWS NEWS CORP NEW 4.7%

Value $225M Shares 8,732,000 Share Price $25.72 * Est. Cost/Share $22.32 Unrealized @ Report Date 0.0%

Value $167M Shares 1,809,000 Share Price $92.43 * Est. Cost/Share $33.90 Unrealized @ Report Date +144.8%

VRT VERTIV HOLDINGS CO 2.6%

Value $125M Shares 2,609,588 Share Price $48.03 * Est. Cost/Share $13.28 Unrealized @ Report Date +219.6%

MRCY MERCURY SYS INC 1.6%

Value $78.44M Shares 2,145,000 Share Price $36.57 Est. Cost/Share $59.41 Unrealized @ Report Date -39.2%

ROG ROGERS CORP 1.2%

Value $59.96M Shares 454,000 Share Price $132.07 * Est. Cost/Share $144.28 Unrealized @ Report Date -11.2%

GDOT GREEN DOT CORP 1.1%

Value $52.41M Shares 5,294,110 Share Price $9.90 * Est. Cost/Share $32.68 Unrealized @ Report Date -68.1%

IWR ISHARES TR 0.9%

Value $44.69M Shares 575,000 Share Price $77.73 Est. Cost/Share $70.99 Unrealized @ Report Date —

NWSA NEWS CORP NEW 0.9%

Value $41.73M Shares 1,700,000 Share Price $24.55 * Est. Cost/Share $21.40 Unrealized @ Report Date 0.0%

— LIVEPERSON INC 0.5%

Value $22.16M Shares 33,400,000 Share Price $0.66 Est. Cost/Share $0.61 Unrealized @ Report Date —

— Q2 HLDGS INC 0.4%

Value $18.16M Shares 20,000,000 Share Price $0.91 Est. Cost/Share $0.86 Unrealized @ Report Date —

RBA RB GLOBAL INC 0.3%

Value $16.8M Shares 251,163 Share Price $66.89 * Est. Cost/Share $56.38 Unrealized @ Report Date +14.0%

— LIVEPERSON INC 0.3%

Value $15.25M Shares 15,500,000 Share Price $0.98 Est. Cost/Share $0.98 Unrealized @ Report Date —

IWM ISHARES TR 0.2%

Value $11.01M Shares 4,900,000 Share Price $2.25 Est. Cost/Share — Unrealized @ Report Date —

SVIIF SPRING VALLEY ACQUISTN CORP 0.2%

Value $9.188M Shares 850,000 Share Price $10.81 Est. Cost/Share $10.13 Unrealized @ Report Date —

— WIX COM LTD 0.1%

Value $6.828M Shares 7,500,000 Share Price $0.91 Est. Cost/Share $0.87 Unrealized @ Report Date —

ALCY ALCHEMY INVTS ACQUISITN CORP 0.1%

Value $3.651M Shares 350,000 Share Price $10.43 Est. Cost/Share $10.25 Unrealized @ Report Date +1.3%

KVAC KEEN VISION ACQUISITION CORP 0.1%

Value $3.1M Shares 300,000 Share Price $10.33 Est. Cost/Share $10.17 Unrealized @ Report Date +1.1%

VRT VERTIV HOLDINGS CO 0.0%

Value $348K Shares 2,609,300 Share Price $0.13 * Est. Cost/Share $13.28 Unrealized @ Report Date +219.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GDDY	GODADDY INC	7,512,771	$798M	16.6%	$106.16 *	$73.32	+22.0%	CL A	380237107
HUM	HUMANA INC	994,146	$455M	9.5%	$457.81 *	$422.96	+13.4%	COM	444859102
GEN	GEN DIGITAL INC	18,608,904	$425M	8.8%	$22.82 *	$15.78	+20.6%	COM	668771108
WIX	WIX COM LTD	3,343,000	$411M	8.6%	$123.02 *	$75.32	+28.1%	SHS	M98068105
CRM	SALESFORCE INC	1,536,453	$404M	8.4%	$263.14 *	$144.17	+55.1%	COM	79466L302
AQN	ALGONQUIN PWR UTILS CORP	61,991,000	$392M	8.1%	$6.32 *	$7.01	-24.9%	COM	015857105
IWN	ISHARES TR	1,805,000	$280M	5.8%	$155.33	$136.66	—	RUS 2000 VAL ETF	464287630
FTRE	FORTREA HLDGS INC	7,595,000	$265M	5.5%	$34.90 *	$30.57	0.0%	COMMON STOCK	34965K107
ACTG	ACACIA RESH CORP	61,123,595	$240M	5.0%	$3.92 *	$3.93	-5.9%	ACACIA TCH COM	003881307
BLMN	BLOOMIN BRANDS INC	8,441,000	$238M	4.9%	$28.15 *	$23.53	-7.5%	COM	094235108
NWS	NEWS CORP NEW	8,732,000	$225M	4.7%	$25.72 *	$22.32	0.0%	CL B	65249B208
ACM	AECOM	1,809,000	$167M	3.5%	$92.43 *	$33.90	+144.8%	COM	00766T100
VRT	VERTIV HOLDINGS CO	2,609,588	$125M	2.6%	$48.03 *	$13.28	+219.6%	COM CL A	92537N108
MRCY	MERCURY SYS INC	2,145,000	$78.44M	1.6%	$36.57	$59.41	-39.2%	COM	589378108
ROG	ROGERS CORP	454,000	$59.96M	1.2%	$132.07 *	$144.28	-11.2%	COM	775133101
GDOT	GREEN DOT CORP	5,294,110	$52.41M	1.1%	$9.90 *	$32.68	-68.1%	CL A	39304D102
IWR	ISHARES TR	575,000	$44.69M	0.9%	$77.73	$70.99	—	RUS MID CAP ETF	464287499
NWSA	NEWS CORP NEW	1,700,000	$41.73M	0.9%	$24.55 *	$21.40	0.0%	CL A	65249B109
—	LIVEPERSON INC	33,400,000	$22.16M	0.5%	$0.66	$0.61	—	NOTE 12/1	538146AD3
—	Q2 HLDGS INC	20,000,000	$18.16M	0.4%	$0.91	$0.86	—	NOTE 0.750% 6/0	74736LAD1
RBA	RB GLOBAL INC	251,163	$16.8M	0.3%	$66.89 *	$56.38	+14.0%	COM	74935Q107
—	LIVEPERSON INC	15,500,000	$15.25M	0.3%	$0.98	$0.98	—	NOTE 0.750% 3/0	538146AB7
IWM	ISHARES TR	4,900,000	$11.01M	0.2%	$2.25	—	—	Put	464287655
SVIIF	SPRING VALLEY ACQUISTN CORP	850,000	$9.188M	0.2%	$10.81	$10.13	—	CLASS A ORD	G83752108
—	WIX COM LTD	7,500,000	$6.828M	0.1%	$0.91	$0.87	—	NOTE 8/1	92940WAD1
ALCY	ALCHEMY INVTS ACQUISITN CORP	350,000	$3.651M	0.1%	$10.43	$10.25	+1.3%	SHS CL A	G0232F109
KVAC	KEEN VISION ACQUISITION CORP	300,000	$3.1M	0.1%	$10.33	$10.17	+1.1%	SHS	G52443119
VRT	VERTIV HOLDINGS CO	2,609,300	$348K	0.0%	$0.13 *	$13.28	+219.6%	Put	92537N108