Starboard Value LP

NEW YORK, NY · CIK 0001517137

Portfolio Value: $3.39B

Positions: 23

Period: 2016-12-31

Filed: 2017-02-14

Portfolio Value

$3.39B

Positions

New

Increased

Decreased

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Starboard Value LP Q4 2016 13F Filing Summary

Starboard Value LP (NEW YORK, NY) reported a portfolio value of $3.39B across 23 positions in their Q4 2016 SEC 13F filing (period ending 2016-12-31). Top holdings include PRGO ($791.22M), AAP ($477.76M), YAHOY ($475.59M). The top 10 positions account for 86.1% of the portfolio. This quarter saw 6 new positions, 3 increases, 7 reductions, 78 complete exits. Notable new buys: ROCKWELL COLLINS INC ($102.04M), CTSH ($82.64M), MEDG ($70.04M). Notable exits: INFOBLOX INC, TRON, ABQQ.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	PRGOPERRIGO CO PLC SHS	G97822103	$791.22M	9,506,425	23.32%	+61.3%
2	AAPADVANCE AUTO PARTS INC COM	00751Y106	$477.76M	2,825,000	14.08%	-
3	YAHOYYAHOO INC COM	984332106	$475.59M	12,298,627	14.02%	-
4	MRVLMARVELL TECHNOLOGY GROUP LTD ORD	G5876H105	$467.71M	33,720,786	13.79%	-
5	BCOBRINKS CO COM	109696104	$188.88M	4,578,930	5.57%	-
6	BAXBAXTER INTL INC COM	71813109	$108.68M	2,451,150	3.20%	+30.7%
7	MMACYS INC COM	55616P104	$107.80M	3,010,200	3.18%	-
8	ATISTEWART INFORMATION SVCS COR COM	860372101	$106.67M	2,315,000	3.14%	-
9	ROCKWELL COLLINS INC COM	774341101	$102.04M	1,100,000	3.01%	New
10	HPEHEWLETT PACKARD ENTERPRISE C COM	42824C109	$96.08M	4,152,306	2.83%	-24.3%
11	DEPOMED INC COM	249908104	$94.97M	5,270,270	2.80%	-12.4%
12	CTSHCOGNIZANT TECHNOLOGY SOLUTIO CL A	192446102	$82.64M	1,475,000	2.44%	New
13	MEDGTRIBUNE MEDIA CO CL A	896047503	$70.04M	2,002,314	2.06%	New
14	NSPINSPERITY INC COM	45778Q107	$53.92M	760,000	1.59%	-49.2%
15	SWWESTROCK CO COM	96145D105	$35.54M	700,000	1.05%	-76.7%
16	QMCOQUANTUM CORP NOTE 4.500% 11/1	747906AJ4	$33.97M	35,550,000	1.00%	-
17	VIAVVIAVI SOLUTIONS INC COM	925550105	$28.63M	3,500,000	0.84%	New
18	NNBRPINNACLE ENTMT INC NEW COM	72348Y105	$21.78M	1,502,000	0.64%	-1.5%
19	IWMISHARES TR RUSSELL 2000 ETF	464287655	$16.77M	6,484,500	0.49%	+85.3%
20	EONGYCORNERSTONE ONDEMAND INC COM	21925Y103	$12.69M	300,000	0.37%	New
21	TTWOTAKE-TWO INTERACTIVE SOFTWAR COM	874054109	$7.15M	145,000	0.21%	New
22	QMCOQUANTUM CORP COM DSSG	747906204	$6.26M	7,518,996	0.18%	-60.4%
23	IWNISHARES TR RUS 2000 VAL ETF	464287630	$6.07M	51,000	0.18%	-90.8%

Position Changes

Stock	Value	Shares
ROCKWELL COLLINS INC	$102.04M	1,100,000
CTSHCOGNIZANT TECHNOLOGY SOLUTIO	$82.64M	1,475,000
MEDGTRIBUNE MEDIA CO	$70.04M	2,002,314
VIAVVIAVI SOLUTIONS INC	$28.63M	3,500,000
EONGYCORNERSTONE ONDEMAND INC	$12.69M	300,000
TTWOTAKE-TWO INTERACTIVE SOFTWAR	$7.15M	145,000