Starboard Value LP

NEW YORK, NY · CIK 0001517137

Portfolio Value: $4.81B

Positions: 26

Period: 2015-03-31

Filed: 2015-05-15

Portfolio Value

$4.81B

Positions

New

Increased

Decreased

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Starboard Value LP Q1 2015 13F Filing Summary

Starboard Value LP (NEW YORK, NY) reported a portfolio value of $4.81B across 26 positions in their Q1 2015 SEC 13F filing (period ending 2015-03-31). Top holdings include IWM ($1.26B), DRI ($806.77M), MEADWESTVACO CORP ($503.38M). The top 10 positions account for 88.4% of the portfolio. This quarter saw 3 new positions, 3 increases, 9 reductions, 29 complete exits. Notable new buys: BCO ($57.33M), SE ($38.98M), BK ($30.18M). Notable exits: INTEGRATED DEVICE TECHNOLOGY, FAMILY DLR STORES INC, AOL INC..

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	IWMISHARES TR RUSSELL 2000 ETF	464287655	$1.26B	10,170,000	26.31%	+50.2%
2	DRIDARDEN RESTAURANTS INC COM	237194105	$806.77M	11,635,000	16.78%	-
3	MEADWESTVACO CORP COM	583334107	$503.38M	10,093,836	10.47%	-
4	ODPEUROFFICE DEPOT INC COM	676220106	$481.27M	52,312,311	10.01%	-
5	STAPLES INC COM	855030102	$398.69M	24,481,811	8.29%	-24.3%
6	YAHOYYAHOO INC COM	984332106	$303.24M	6,824,420	6.31%	-11.7%
7	NSPINSPERITY INC COM	45778Q107	$174.44M	3,335,976	3.63%	+193.9%
8	BABBBABCOCK & WILCOX CO NEW COM	05615F102	$108.30M	3,375,000	2.25%	-13.5%
9	IESCTESSERA TECHNOLOGIES INC COM	88164L100	$104.73M	2,600,000	2.18%	-30.7%
10	MICREL INC COM	594793101	$102.27M	6,782,000	2.13%	-
11	WAUSAU PAPER CORP COM	943315101	$71.47M	7,500,000	1.49%	-
12	LXULSB INDS INC COM	502160104	$71.29M	1,725,000	1.48%	-
13	REALD INC COM	75604L105	$63.31M	4,950,000	1.32%	-
14	BCOBRINKS CO COM	109696104	$57.33M	2,075,000	1.19%	New
15	ICLRINTEGRATED SILICON SOLUTION COM	45812P107	$49.63M	2,774,150	1.03%	+15.6%
16	QMCOQUANTUM CORP COM DSSG	747906204	$41.11M	25,695,000	0.86%	-
17	SETEMPUR SEALY INTL INC COM	88023U101	$38.98M	675,000	0.81%	New
18	CWCURTISS WRIGHT CORP COM	231561101	$36.23M	490,000	0.75%	-19.0%
19	QMCOQUANTUM CORP NOTE 4.500% 11/1	747906AJ4	$35.90M	30,550,000	0.75%	-
20	BKBANK NEW YORK MELLON CORP COM	64058100	$30.18M	750,000	0.63%	New
21	CLHCLEAN HARBORS INC COM	184496107	$25.55M	450,000	0.53%	-66.7%
22	BABAALIBABA GROUP HLDG LTD SPONSORED ADS	01609W102	$18.73M	225,000	0.39%	-43.8%
23	UNWIRED PLANET INC NEW COM	91531F103	$6.12M	10,704,282	0.13%	-
24	TWITITAN INTL INC ILL COM	88830M102	$5.15M	550,000	0.11%	-
25	DSP GROUP INC COM	23332B106	$4.67M	390,000	0.10%	-52.1%
26	CALGON CARBON CORP COM	129603106	$3.16M	150,000	0.07%	-92.2%

Position Changes

Stock	Value	Shares
BCOBRINKS CO	$57.33M	2,075,000
SETEMPUR SEALY INTL INC	$38.98M	675,000
BKBANK NEW YORK MELLON CORP	$30.18M	750,000