Arkolith/Funds/Starboard Value LP

Starboard Value LP

CIK 1517137Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Starboard Value LP holds a focused book of 23 stocks worth $4.6B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Lamb Weston Holdings Inc and trimmed Algonquin Power & Utilities. Their largest long position is Qorvo Inc at 13% of the equity book. They also disclosed $6.4M in put options (a bearish bet), shown separately below and excluded from the equity book.

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Use Arkolith to show Starboard Value LP's latest
holdings, largest changes, and filing provenance.
Opened
4
new positions
Added to
3
existing
Trimmed
9
reduced
Sold out
2
exited

Concentration

Top-heavy: focused book

Top 5 holdings
47%
Top 10 holdings
75%
Top 20 holdings
99%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

91% mapped to company sectors

Information Technology
35%
Financials
13%
Materials
12%
ETF / fund or unclassified
9%
Utilities
8%
Consumer Discretionary
7%
Consumer Staples
6%
Communication Services
5%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

23 positions
#SecurityValueShares% PortLast moveHistory
1Qorvo Inc
COM
$581.3M7.51M
12.7%
Held
2Kenvue Inc
COM
$470.8M27.31M
10.3%
Held
3Ishares TR
CORE S&P MCP ETF
$393.7M5.83M
8.6%
+11%
Added · +580K sh
4Algonquin PWR Utils Corp
COM
$351.1M57.19M
7.7%
−9.9%
Reduced · −6.3M sh
5Match Group Inc New
COM
$350.0M11.40M
7.7%
Held
6Acacia Resh Corp
ACACIA TCH COM
$294.0M61.12M
6.4%
Held
7Bill Holdings Inc
COM
$269.1M7.02M
5.9%
Held
8Lamb Weston Hldgs Inc
COM
$258.4M6.11M
5.7%
New
New position
9Carmax Inc
COM
$257.9M6.20M
5.6%
New
New position
10Riot Platforms Inc
COM
$192.1M15.54M
4.2%
+22%
Added · +2.8M sh
11Gen Digital Inc
COM
$147.0M7.81M
3.2%
−26%
Reduced · −2.8M sh
12News Corp New
CL A
$139.7M5.61M
3.1%
−4.9%
Reduced · −290K sh
13Fluor Corp
COM
$134.6M2.89M
2.9%
−44%
Reduced · −2.3M sh
14Clearwater Analytics Hldgs I
CL A
$129.1M5.46M
2.8%
−45%
Reduced · −4.5M sh
15Healthcare Rlty TR
CL A COM
$115.9M6.82M
2.5%
−46%
Reduced · −5.8M sh
16Tripadvisor Inc
COM
$114.9M10.77M
2.5%
+12%
Added · +1.1M sh
17Becton Dickinson & Co
COM
$100.1M636.5K
2.2%
−32%
Reduced · −293K sh
18Gpgi Inc
COM CL A
$86.0M5.03M
1.9%
New
New position
19News Corp New
CL B
$73.8M2.59M
1.6%
−42%
Reduced · −1.9M sh
20Rogers Corp
COM
$62.7M584.3K
1.4%
−51%
Reduced · −619K sh
21Bloomin Brands Inc
COM
$43.1M7.98M
0.9%
Held
22Bitcoin Infrastructure Acqui
USD CL A ORD SHS
$3.0M300.0K
0.1%
Held
23Bitcoin Infrastructure Acqui
*W EXP 11/06/203
$45K150.0K
0.0%
New
New position
Showing all 23 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$6.4M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishISHR IBX USD HIYLD CB ETF-UIHYG$3.0M3.0M
PUT · bearishISHARES RUSSELL 2000 ETFIWM$2.7M683K
PUT · bearishRIOT PLATFORMS INCRIOT$705K793K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202626$4.6B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202622$5.3B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202520$5.3B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202525$5.8B13F-HR
Q1 2025Mar 31, 2025May 15, 202522$5.5B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202522$5.5B13F-HR
Q3 2024Sep 30, 2024Nov 14, 202420$4.7B13F-HR
Q2 2024Jun 30, 2024Aug 14, 202420$4.3B13F-HR
Q1 2024Mar 31, 2024May 15, 202423$4.8B13F-HR
Q4 2023Dec 31, 2023Feb 14, 202428$4.8B13F-HR
Q3 2023Sep 30, 2023Nov 14, 202325$3.9B13F-HR
Q2 2023Jun 30, 2023Aug 11, 202348$4.6B13F-HR
Q1 2023Mar 31, 2023May 17, 2023106$29.6B13F-HR/A
Q4 2022Dec 31, 2022Feb 14, 2023148$5.2B13F-HR
Q3 2022Sep 30, 2022Nov 14, 2022177$4.5B13F-HR
Q2 2022Jun 30, 2022Aug 12, 2022185$5.5B13F-HR
Q1 2022Mar 31, 2022May 13, 2022171$7.5B13F-HR
Q4 2021Dec 31, 2021Feb 14, 2022136$7.2B13F-HR
Q3 2021Sep 30, 2021Nov 12, 202167$5.5B13F-HR
Q2 2021Jun 30, 2021Aug 13, 202173$5.1B13F-HR
Q1 2021Mar 31, 2021May 14, 202138$4.7B13F-HR
Q4 2020Dec 31, 2020Feb 16, 202118$3.9B13F-HR
Q3 2020Sep 30, 2020Nov 13, 202019$3.4B13F-HR
Amended / restated
  • Q1 2023 · filed May 12, 202313F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.