Starboard Value L.P. is an investment fund managing more than $4.58 trillion ran by Jeffrey Smith. There are currently 43 companies in Mr. Smith’s portfolio. The largest investments include Godaddy Inc and Splunk Inc, together worth $1.19 trillion.
As of 4th August 2023, Starboard Value L.P.’s top holding is 10,040,437 shares of Godaddy Inc currently worth over $754 billion and making up 16.5% of the portfolio value.
Relative to the number of outstanding shares of Godaddy Inc, Starboard Value L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 4,068,000 shares of Splunk Inc worth $432 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Salesforce Inc worth $424 billion and the next is Humana worth $396 billion, with 885,000 shares owned.
Currently, Starboard Value L.P.'s portfolio is worth at least $4.58 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Starboard Value L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jeffrey Smith serves as the Managing Member, CEO and CIO at Starboard Value L.P..
In the most recent 13F filing, Starboard Value L.P. revealed that it had opened a new position in Godaddy Inc and bought 10,040,437 shares worth $754 billion.
The two most similar investment funds to Starboard Value L.P. are Adviser Investments and Townsquare Capital. They manage $4.57 trillion and $4.53 trillion respectively.
Starboard Value L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 44.6% of
the total portfolio value.
The fund focuses on investments in the United States as
27.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
14% of the total holdings value.
On the other hand, small-cap stocks make up only 7.0% of the portfolio.
The average market cap of the portfolio companies is close to $14.4 billion.
These positions were updated on August 11th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Godaddy Inc |
Opened
10,040,437
|
$754,338,032,000 | 16.47% |
| Splunk Inc |
Opened
4,068,000
|
$431,574,120,000 | 9.42% |
| Salesforce Inc |
Opened
2,008,076
|
$424,226,136,000 | 9.26% |
| Humana Inc. |
Opened
885,000
|
$395,710,050,000 | 8.64% |
| Vertiv Holdings Co |
Opened
15,944,889
|
$394,954,901,000 | 8.62% |
| Gen Digital Inc |
Opened
18,914,794
|
$350,869,429,000 | 7.66% |
| AECOM |
Opened
3,781,000
|
$320,212,890,000 | 6.99% |
| Wix.com Ltd |
Opened
3,785,000
|
$296,138,400,000 | 6.47% |
| Algonquin Pwr Utils Corp |
Opened
34,138,650
|
$281,985,249,000 | 6.16% |
| Ishares Tr |
Opened
1,050,000
|
$137,674,500,000 | 3.01% |
| Rogers Corp. |
Opened
774,000
|
$125,333,820,000 | 2.74% |
| Willis Towers Watson Plc Ltd |
Opened
508,880
|
$119,841,240,000 | 2.62% |
| Abcam PLC |
Opened
4,593,000
|
$112,390,710,000 | 2.45% |
| Green Dot Corp. |
Opened
5,294,110
|
$99,211,621,000 | 2.17% |
| Mercury Sys Inc |
Opened
2,836,000
|
$98,097,240,000 | 2.14% |
| Acacia Resh Corp |
Opened
20,000,000
|
$83,200,000,000 | 1.82% |
| RB Global Inc |
Opened
251,163
|
$15,069,780,000 | 0.33% |
| Papa Johns Intl Inc |
Opened
182,000
|
$13,437,060,000 | 0.29% |
| Liveperson Inc |
Opened
2,360,000
|
$10,667,200,000 | 0.23% |
| Spring Valley Acquistn Corp |
Opened
850,000
|
$8,967,500,000 | 0.20% |
| Commvault Sys Inc |
Opened
122,000
|
$8,859,640,000 | 0.19% |
| Investcorp India Acquistn Co |
Opened
750,000
|
$8,025,000,000 | 0.18% |
| KnightSwan Acquisition Corp |
Opened
750,000
|
$7,927,500,000 | 0.17% |
| A Spac Ii Acquisition Corp |
Opened
750,000
|
$7,905,000,000 | 0.17% |
| Consilium Acquisitn Corp I L |
Opened
639,252
|
$6,705,753,000 | 0.15% |
| Ftac Emerald Acquisition Cor |
Opened
620,000
|
$6,417,000,000 | 0.14% |
| Global Blockchain Acqui Corp |
Opened
600,000
|
$6,264,000,000 | 0.14% |
| Vahanna Tech Edge Acqstn I C |
Opened
509,330
|
$5,414,178,000 | 0.12% |
| Jaguar Global Growth Corp I |
Opened
500,000
|
$5,290,000,000 | 0.12% |
| Heartland Media Acquisition |
Opened
500,000
|
$5,270,000,000 | 0.12% |
| Israel Acquisitions Corp |
Opened
500,000
|
$5,207,600,000 | 0.11% |
| Futuretech Ii Acquisition Co |
Opened
450,000
|
$4,810,500,000 | 0.11% |
| Andretti Acquisition Corp. |
Opened
439,252
|
$4,673,641,000 | 0.10% |
| Monterey Cap Acquisition Cor |
Opened
375,000
|
$3,918,750,000 | 0.09% |
| Aura Fat Projs Acquisition C |
Opened
350,000
|
$3,703,000,000 | 0.08% |
| Alchemy Invts Acquisitn Corp |
Opened
350,000
|
$3,587,500,000 | 0.08% |
| Denali Capital Acquisitn Cor |
Opened
300,000
|
$3,213,060,000 | 0.07% |
| M3-Brigade Acquisition III Corp. |
Opened
209,750
|
$2,191,888,000 | 0.05% |
| Ftac Zeus Acquisition Cor |
Opened
210,250
|
$2,191,856,000 | 0.05% |
| AP Acquisition Corp |
Opened
176,348
|
$1,897,504,000 | 0.04% |
| Infinite Acquisition Corp. |
Opened
168,200
|
$1,777,874,000 | 0.04% |
| AltC Acquisition Corp. |
Opened
82,300
|
$858,389,000 | 0.02% |
| Chenghe Acquisition Co |
Opened
50,000
|
$535,000,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||