Jeff Smith portfolio: what Starboard Value holds
The founder of the activist fund Starboard Value, known for proxy fights over board seats.
Stock portfolio value
$4.5B
Stock positions
21
Report date
30 June 2026
Filed
14 August 2026
Largest positions
| # | Company | Weight | Value | Last quarter |
|---|---|---|---|---|
| 1 | Ishares TrIVV | 15.1% | $684.6M | Added +52% |
| 2 | Qorvo Inc | 11.6% | $523.4M | Trimmed -25% |
| 3 | Kenvue IncKVUE | 11.5% | $521.8M | — |
| 4 | Dynatrace IncDT | 8.6% | $389.3M | New |
| 5 | Algonquin Power & UtilitiesAQN | 7.4% | $335.1M | — |
| 6 | Match Group Inc NewMTCH | 6.5% | $295.8M | Trimmed -32% |
| 7 | Acacia Resh CorpACTG | 6.3% | $284.8M | — |
| 8 | Riot Platforms IncRIOT | 6.1% | $276.9M | Trimmed -35% |
| 9 | Bill Holdings IncBILL | 5.6% | $254.1M | — |
| 10 | Lamb Weston Hldgs IncLW | 5.5% | $247.6M | Trimmed -6% |
| 11 | Carmax IncKMX | 3.7% | $169.6M | Trimmed -48% |
| 12 | Flowserve CorpFLS | 2.4% | $106.9M | New |
| 13 | Fluor CorpFLR | 1.8% | $83.1M | Trimmed -45% |
| 14 | Gpgi IncGPGI | 1.8% | $79.7M | — |
| 15 | Tripadvisor IncTRIP | 1.5% | $69.9M | Trimmed -53% |
| 16 | News Corp New (Cl B)NWS | 1.5% | $68.2M | Trimmed -6% |
| 17 | News Corp New (Cl A)NWSA | 1.1% | $50.7M | Trimmed -64% |
| 18 | Healthcare Rlty TrHR | 0.9% | $39.1M | Trimmed -72% |
| 19 | Bloomin Brands IncBLMN | 0.8% | $38.2M | Trimmed -48% |
| 20 | Bitcoin Infrastructure Acqui (Usd Cl A Ord Shs) | 0.1% | $3.0M | — |
New positions last quarter
- Dynatrace Inc$389.3M
- Flowserve Corp$106.9M
Positions sold
- Gen Digital Inc$147.0M
- Clearwater Analytics Hldgs I$129.1M
- Becton Dickinson & Co$100.1M
- Rogers Corp$62.7M
- Ishares Tr (Iboxx Hi Yd Etf) (Put)$3.0M
- Ishares Tr (Russell 2000 Etf) (Put)$2.7M
Source: SEC filing. Values count stock positions only; options are left out of the totals and tables.
How to use this page
A 13F filing shows what a manager held on the last day of a quarter, published up to 45 days later. It is a snapshot, not a trading signal: the manager may already have bought or sold since. Learn more in How to read 13F filings.
For information only, not investment advice. 13F filings are delayed by up to 45 days and do not show cash, bonds, short positions or non-US stocks.