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Starboard Value LP

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13F filer, CIK 1517137, New York, NY

Starboard Value LP reported $5,498,476,636 across 22 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 75.63% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-25-001532

Period
2025-03-31
Reported value
$5.5B
Holdings
22
Top 10 weight
75.63%
New
2
Sold out
2

Part of the filer group Starboard Value LP

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
QRVOnew+8,270,000$599M
BDXnew+1,749,000$401M
ADSKadded+962,000$252M
CRMadded+290,415$77.9M
AQNadded+1,117,000$5.74M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GDDYexited-2,830,100-$559M
PFEreduced-7,637,658-$194M
WIXexited-840,000-$180M
IJHreduced-400,393-$23.4M
NWSreduced-667,169-$20.3M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0000921895-25-001532, largest first. % of portfolio is the value over $5,498,476,636, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
QRVOQORVO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 8,270,000 shares 8,270,000$599M10.89%new2026-10-05, 13D/A: 0 shares, 0% of the class, 13D/A filed 2026-10-06 Timeline
KVUEKENVUE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 21,914,000 shares; 2025Q1: 22,054,000 shares 22,054,000$529M9.62%+140,000Timeline
ADSKAUTODESK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,852,000 shares; 2024Q4: 1,038,000 shares; 2025Q1: 2,000,000 shares 2,000,000$524M9.52%+962,000Timeline
GENGEN DIGITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,516,604 shares; 2024Q4: 17,516,604 shares; 2025Q1: 17,516,604 shares 17,516,604$465M8.45%0Timeline
MTCHMATCH GROUP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,556,146 shares; 2024Q4: 14,656,970 shares; 2025Q1: 14,085,901 shares 14,085,901$439M7.99%-571,069Timeline
BDXBECTON DICKINSON & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,749,000 shares 1,749,000$401M7.29%newTimeline
AQNALGONQUIN POWER & UTILITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,141,000 shares; 2024Q4: 65,316,000 shares; 2025Q1: 66,433,000 shares 66,433,000$341M6.21%+1,117,000Timeline
HRHEALTHCARE RLTY TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 20,183,460 shares; 2025Q1: 20,072,000 shares 20,072,000$339M6.17%-111,460Timeline
ALITALIGHT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 43,395,000 shares; 2024Q4: 47,228,000 shares; 2025Q1: 47,924,000 shares 47,924,000$284M5.17%+696,000Timeline
NWSNEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,732,000 shares; 2024Q4: 8,482,000 shares; 2025Q1: 7,814,831 shares 7,814,831$237M4.32%-667,169Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,441,848 shares; 2024Q4: 559,264 shares; 2025Q1: 849,679 shares 849,679$228M4.15%+290,415Timeline
IJHISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,965,268 shares; 2025Q1: 3,564,875 shares 3,564,875$208M3.78%-400,393Timeline
NWSANEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,201,393 shares; 2024Q4: 7,201,393 shares; 2025Q1: 7,201,393 shares 7,201,393$196M3.57%0Timeline
PFEPFIZER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 15,368,658 shares; 2025Q1: 7,731,000 shares 7,731,000$196M3.56%-7,637,658Timeline
ACTGACACIA RESH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 61,123,595 shares; 2024Q4: 61,123,595 shares; 2025Q1: 61,123,595 shares 61,123,595$196M3.56%0Timeline
RIOTRIOT PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 12,704,035 shares; 2025Q1: 12,700,000 shares 12,700,000$90.4M1.64%-4,035Timeline
BLMNBLOOMIN BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,441,000 shares; 2024Q4: 8,441,000 shares; 2025Q1: 8,441,000 shares 8,441,000$60.5M1.1%0Timeline
ROGROGERS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 804,000 shares; 2024Q4: 804,000 shares; 2025Q1: 804,000 shares 804,000$54.3M0.99%0Timeline
FTREFORTREA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,400,000 shares; 2024Q4: 7,478,000 shares; 2025Q1: 5,268,000 shares 5,268,000$39.8M0.72%-2,210,000Timeline
GDOTGREEN DOT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,018,381 shares; 2024Q4: 4,604,381 shares; 2025Q1: 4,604,381 shares 4,604,381$38.9M0.71%0Timeline
RBARB GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 251,163 shares; 2024Q4: 251,163 shares; 2025Q1: 251,163 shares 251,163$25.2M0.46%0Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
WIX COM LTDWIX COM LTD NOTE 8/1principal7,500,000$7.37M0

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
GDDYGODADDY INC2,830,100$559Mshares
WIXWIX COM LTD840,000$180Mshares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000921895-25-001532 base2025-05-15acceptance time not in the bulk data set