Jeffrey Smith’s Starboard Value disclosed in an SEC filings its holdings as of March 31, 2024. The fund’s new buys during the first quarter included Alight (ALIT). Starboard also exited its position in Vertiv (VRTV). The fund increased its stake in four holdings during the quarter, including by size of previous position News Corp. Class A (NWSA), Rogers (ROG), Algonquin Power (AQN), and Mercury Systems (MRCY). Starboard reduced its stake in multiple holdings, including by size of previous position Humana (HUM), Aecom (ACM), Wix.com (WIX), Fortrea (FTRE), and Salesforce (CRM). The fund’s top holdings as of March 31, in order of size, were GoDaddy (GDDY), Gen Digital (GEN), Algonquin Power, Alight, and Salesforce.
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