Latest Starboard Value LP Stock Portfolio

$4.52Billion | No. of Holdings #21

Jeff Smith Performance

2026 Q2+11.83%

YTD+6.84%

2025-5.40%

About Jeff Smith and 13F Hedge Fund Stock Holdings

Jeff Smith is a hedge fund based in New York, NY. On 2026-08-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, Jeff Smith reported an equity portfolio of $4.5 Billions as of 30 Jun, 2026. <br><br> The top stock holdings of Jeff Smith are IJR, QRVO, . The fund has invested 15.1% of it's portfolio in ISHARES TR and 11.6% of portfolio in QORVO INC. <br><br> The fund managers got completely rid off GEN DIGITAL INC, CLEARWATER ANALYTICS HLDGS I (CWAN) and BECTON DICKINSON & CO (BDX) stocks. They significantly reduced their stock positions in HEALTHCARE RLTY TR (HR), NEWS CORP NEW (NWS) and TRIPADVISOR INC (TRIP). Jeff Smith opened new stock positions in DYNATRACE INC (DT) and FLOWSERVE CORP (FLS). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (IJR) and BILL HOLDINGS INC (BILL).

Jeff Smith Equity Portfolio Value

Last Reported on: 14 Aug, 2026

$4.52Billion

as of Aug 14, 2026

Jeff Smith Annual Return Estimates Vs S&P 500

Our best estimate is that Starboard Value LP made a return of 11.83% in the last quarter. In trailing 12 months, it's portfolio return was 4.63%.

Performance
S&P 500

New Buys

Ticker	$ Bought
dynatrace inc	389,336,000
flowserve corp	106,909,000

New stocks bought by Starboard Value LP

Additions

Ticker	% Inc.
ishares tr	52.26
bill holdings inc	0.01

Additions to existing portfolio by Starboard Value LP

Reductions

Ticker	% Reduced
healthcare rlty tr	-71.61
news corp new	-63.6
tripadvisor inc	-52.7
carmax inc	-48.29
bloomin brands inc	-47.61
fluor corp	-45.04
riot platforms inc	-34.93
match group inc new	-31.77

Starboard Value LP reduced stake in above stock

Sold off

Ticker	$ Sold
gen digital inc	-147,004,000
clearwater analytics hldgs i	-129,106,000
becton dickinson & co	-100,076,000
rogers corp	-62,715,900

Starboard Value LP got rid off the above stocks

Sector Distribution

Starboard Value LP has about 34.2% of it's holdings in Others sector.

Others
Technology
Industrials
Communication Services
Financial Services
Consumer Cyclical
Consumer Defensive

Sector	%
Others	34.2
Technology	25.8
Industrials	12.3
Communication Services	9.2
Financial Services	6.1
Consumer Cyclical	6.1
Consumer Defensive	5.5

Market Cap. Distribution

Starboard Value LP has about 11.2% of it's portfolio invested in the large-cap and mega-cap stocks.

MID-CAP
UNALLOCATED
LARGE-CAP
SMALL-CAP

Category	%
MID-CAP	45.9
UNALLOCATED	34.2
LARGE-CAP	11.2
SMALL-CAP	8.7

Stocks belong to which Index?

About 46.9% of the stocks held by Starboard Value LP either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	53.2
S&P 500	30
RUSSELL 2000	16.9

Top 5 Winners (%)		%
RIOT	riot platforms inc	100.3 %
BLMN	bloomin brands inc	52.8 %
TRIP	tripadvisor inc	21.1 %
KMX	carmax inc	20.6 %
MTCH	match group inc new	20.1 %

Top 5 Winners ($)		$
RIOT	riot platforms inc	192.7 M
QRVO	qorvo inc	104.1 M
IJR	ishares tr	70.5 M
MTCH	match group inc new	70.4 M
KMX	carmax inc	53.2 M

Top 5 Losers (%)		%
CMPO	gpgi inc	-7.3 %
BILL	bill holdings inc	-5.6 %
AQN	algonquin power & utilities	-4.6 %
ACTG	acacia resh corp	-3.1 %
NWS	news corp new	-1.5 %

Top 5 Losers ($)		$
AQN	algonquin power & utilities	-16.0 M
BILL	bill holdings inc	-15.0 M
ACTG	acacia resh corp	-9.2 M
CMPO	gpgi inc	-6.3 M
NWS	news corp new	-1.1 M

Jeff Smith Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Jeff Smith

Starboard Value LP has 21 stocks in it's portfolio. About 84.3% of the portfolio is in top 10 stocks. AQN proved to be the most loss making stock for the portfolio. RIOT was the most profitable stock for Starboard Value LP last quarter.

$4.52BTotal Value

25.00Positions

14 Aug, 2026Last Reported

Current holdings of Current Stock Holdings of Jeff Smith, last reported on 14 Aug, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
ACTG Acacia Resh Corp Acacia Resh CorpACTG Jeff Smith's holding in Acacia Resh Corp over time	6.3%	61,123,600	$284.84M 6.3%	unchanged 0 percentunchanged

AQN Algonquin Power & Utilities Algonquin Power & Utilities AQN Jeff Smith's holding in Algonquin Power & Utilities over time	7.41%	57,189,400	$335.13M 7.41%	unchanged 0 percentunchanged

BDX Becton Dickinson & Co Becton Dickinson & CoBDX Jeff Smith's holding in Becton Dickinson & Co over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

BILL Bill Holdings Inc Bill Holdings IncBILL Jeff Smith's holding in Bill Holdings Inc over time	5.62%	7,025,750	$254.05M 5.62%	increased 0.01 percentadded

BLMN Bloomin Brands Inc Bloomin Brands IncBLMN Jeff Smith's holding in Bloomin Brands Inc over time	0.84%	4,180,990	$38.21M 0.84%	decreased 47.61 percentreduced

CMPO Gpgi Inc Gpgi IncCMPO Jeff Smith's holding in Gpgi Inc over time	1.76%	5,027,030	$79.68M 1.76%	unchanged 0 percentunchanged

CWAN Clearwater Analytics Hldgs I Clearwater Analytics Hldgs ICWAN Jeff Smith's holding in Clearwater Analytics Hldgs I over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

DT Dynatrace Inc Dynatrace IncDT Jeff Smith's holding in Dynatrace Inc over time	8.61%	8,866,690	$389.34M 8.61%	new position

FLR Fluor Corp Fluor CorpFLR Jeff Smith's holding in Fluor Corp over time	1.84%	1,586,330	$83.11M 1.84%	decreased 45.04 percentreduced

FLS Flowserve Corp Flowserve CorpFLS Jeff Smith's holding in Flowserve Corp over time	2.36%	1,441,600	$106.91M 2.36%	new position

HR Healthcare Rlty Tr Healthcare Rlty TrHR Jeff Smith's holding in Healthcare Rlty Tr over time	0.86%	1,936,270	$39.05M 0.86%	decreased 71.61 percentreduced

IJR Ishares Tr Ishares Tr IJR Jeff Smith's holding in Ishares Tr over time	15.13%	8,877,780	$684.57M 15.13%	increased 52.26 percentadded

KMX Carmax Inc Carmax IncKMX Jeff Smith's holding in Carmax Inc over time	3.75%	3,206,440	$169.59M 3.75%	decreased 48.29 percentreduced

LW Lamb Weston Hldgs Inc Lamb Weston Hldgs IncLW Jeff Smith's holding in Lamb Weston Hldgs Inc over time	5.47%	5,733,980	$247.59M 5.47%	decreased 6.23 percentreduced

MTCH Match Group Inc New Match Group Inc NewMTCH Jeff Smith's holding in Match Group Inc New over time	6.54%	7,775,120	$295.84M 6.54%	decreased 31.77 percentreduced

NWS News Corp New News Corp NewNWS Jeff Smith's holding in News Corp New over time	1.51%	2,431,080	$68.22M 1.51%	decreased 6.1 percentreduced

NWS News Corp New News Corp NewNWS Jeff Smith's holding in News Corp New over time	1.12%	2,040,100	$50.66M 1.12%	decreased 63.6 percentreduced

QRVO Qorvo Inc Qorvo IncQRVO Jeff Smith's holding in Qorvo Inc over time	11.57%	5,611,530	$523.39M 11.57%	decreased 25.29 percentreduced

RIOT Riot Platforms Inc Riot Platforms IncRIOT Jeff Smith's holding in Riot Platforms Inc over time	6.12%	10,114,600	$276.94M 6.12%	decreased 34.93 percentreduced

ROG Rogers Corp Rogers CorpROG Jeff Smith's holding in Rogers Corp over time	0%	0.00	$0.00 0%	decreased 100 percentsold off