13F tracker › Starboard Value
Starboard Value 13F holdings, Q2 2026
Starboard Value (activist hedge fund led by Jeff Smith) reported 22 US-listed positions worth $4.5B in its
Form 13F for the quarter ended June 30, 2026, filed with the SEC on August 14, 2026.
Compared with Q1 2026, the filing shows 2 new positions, 2 increased, 11 reduced, and 6 exited.
Reported value$4.5B
Positions22
New / exited2 / 6
Quarter endedQ2 2026
Largest holdings
| Company | Value | Weight | Shares |
|---|
| Ishares TR (Core S&P Mcp Etf) | $684.6M | 15.1% | 8,877,781 |
| Qorvo Inc | $523.4M | 11.6% | 5,611,526 |
| Kenvue Inc | $521.8M | 11.5% | 27,307,632 |
| Dynatrace Inc | $389.3M | 8.6% | 8,866,692 |
| Algonquin Power & Utilities | $335.1M | 7.4% | 57,189,420 |
| Match Group Inc New | $295.8M | 6.5% | 7,775,125 |
| Acacia Resh Corp | $284.8M | 6.3% | 61,123,595 |
| Riot Platforms Inc | $276.9M | 6.1% | 10,114,576 |
| Bill Holdings Inc | $254.1M | 5.6% | 7,025,748 |
| Lamb Weston Hldgs Inc | $247.6M | 5.5% | 5,733,982 |
| Carmax Inc | $169.6M | 3.7% | 3,206,438 |
| Flowserve Corp | $106.9M | 2.4% | 1,441,600 |
| Fluor Corp | $83.1M | 1.8% | 1,586,327 |
| Gpgi Inc | $79.7M | 1.8% | 5,027,028 |
| Tripadvisor Inc | $69.9M | 1.5% | 5,096,996 |
| News Corp New (Class B) | $68.2M | 1.5% | 2,431,081 |
| News Corp New (Class A) | $50.7M | 1.1% | 2,040,100 |
| Healthcare Rlty TR | $39.1M | 0.9% | 1,936,267 |
| Bloomin Brands Inc | $38.2M | 0.8% | 4,180,992 |
| Bitcoin Infrastructure Acqui (Class A) | $3.0M | 0.1% | 300,000 |
| Riot Platforms Inc (put options) | $1.9M | 0.0% | 2,423,400 |
| Bitcoin Infrastructure Acqui (*W Exp 11/06/203) | $47,460 | 0.0% | 149,999 |
New positions in Q2 2026
| Company | Value | Shares |
| Dynatrace Inc | $389.3M | 8,866,692 |
| Flowserve Corp | $106.9M | 1,441,600 |
Positions increased
| Company | Value | Share change | Shares |
| Ishares TR (Core S&P Mcp Etf) | $684.6M | +52% | 8,877,781 |
| Riot Platforms Inc (put options) | $1.9M | +206% | 2,423,400 |
Positions reduced
| Company | Value | Share change | Shares |
| Qorvo Inc | $523.4M | -25% | 5,611,526 |
| Match Group Inc New | $295.8M | -32% | 7,775,125 |
| Riot Platforms Inc | $276.9M | -35% | 10,114,576 |
| Lamb Weston Hldgs Inc | $247.6M | -6% | 5,733,982 |
| Carmax Inc | $169.6M | -48% | 3,206,438 |
| Fluor Corp | $83.1M | -45% | 1,586,327 |
| Tripadvisor Inc | $69.9M | -53% | 5,096,996 |
| News Corp New (Class B) | $68.2M | -6% | 2,431,081 |
| News Corp New (Class A) | $50.7M | -64% | 2,040,100 |
| Healthcare Rlty TR | $39.1M | -72% | 1,936,267 |
| Bloomin Brands Inc | $38.2M | -48% | 4,180,992 |
Positions exited (held in Q1 2026)
| Company | Value in Q1 2026 | Shares |
| Gen Digital Inc | $147.0M | 7,806,922 |
| Clearwater Analytics Hldgs I | $129.1M | 5,459,031 |
| Becton Dickinson & Co | $100.1M | 636,494 |
| Rogers Corp | $62.7M | 584,328 |
| Ishares TR (Iboxx Hi Yd Etf) (put options) | $3.0M | 3,000,000 |
| Ishares TR (Russell 2000 Etf) (put options) | $2.7M | 683,100 |
How to read this. A Form 13F lists long positions in US-listed securities at
quarter-end. It is filed up to 45 days later and does not show short positions, most derivatives, non-US holdings, cash, or
trades made after the quarter ended, so it is a historical snapshot—not a current portfolio. Values are as reported in the
filing. This page is not investment advice and does not suggest buying or selling any security.
Source: SEC EDGAR filing (Q2 2026), previous filing (Q1 2026). Updated 2026-11-11.
