Starboard Value LP

NEW YORK, NY · CIK 0001517137

Portfolio Value: $4.43B

Positions: 33

Period: 2015-06-30

Filed: 2015-08-14

Portfolio Value

$4.43B

Positions

New

Increased

Decreased

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Starboard Value LP Q2 2015 13F Filing Summary

Starboard Value LP (NEW YORK, NY) reported a portfolio value of $4.43B across 33 positions in their Q2 2015 SEC 13F filing (period ending 2015-06-30). Top holdings include IWM ($1.07B), DRI ($827.02M), ODPEUR ($447.32M). The top 10 positions account for 83.9% of the portfolio. This quarter saw 12 new positions, 3 increases, 12 reductions, 34 complete exits. Notable new buys: M ($197.32M), HUM ($70.77M), BWXT ($48.97M). Notable exits: BABB, BK, TWI.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	IWMISHARES TR RUSSELL 2000 ETF	464287655	$1.07B	8,600,000	24.22%	-15.4%
2	DRIDARDEN RESTAURANTS INC COM	237194105	$827.02M	11,635,000	18.65%	-
3	ODPEUROFFICE DEPOT INC COM	676220106	$447.32M	51,653,611	10.09%	-1.3%
4	MEADWESTVACO CORP COM	583334107	$416.99M	8,836,440	9.40%	-12.5%
5	STAPLES INC COM	855030102	$247.05M	16,136,527	5.57%	-34.1%
6	MMACYS INC COM	55616P104	$197.32M	2,924,534	4.45%	New
7	NSPINSPERITY INC COM	45778Q107	$169.80M	3,335,976	3.83%	-
8	YAHOYYAHOO INC COM	984332106	$139.46M	3,549,604	3.15%	-48.0%
9	BCOBRINKS CO COM	109696104	$126.53M	4,299,400	2.85%	+107.2%
10	IESCTESSERA TECHNOLOGIES INC COM	88164L100	$74.06M	1,950,000	1.67%	-25.0%
11	HUMHUMANA INC COM	444859102	$70.77M	370,000	1.60%	New
12	WAUSAU PAPER CORP COM	943315101	$68.85M	7,500,000	1.55%	-
13	LXULSB INDS INC COM	502160104	$61.87M	1,515,000	1.40%	-12.2%
14	REALD INC COM	75604L105	$61.03M	4,950,000	1.38%	-
15	MICREL INC COM	594793101	$51.28M	3,689,432	1.16%	-45.6%
16	BABAALIBABA GROUP HLDG LTD SPONSORED ADS	01609W102	$50.03M	593,700	1.13%	+163.9%
17	BWXTBWX TECHNOLOGIES INC COM	05605H100	$48.97M	1,492,900	1.10%	New
18	CWCURTISS WRIGHT CORP COM	231561101	$47.73M	658,900	1.08%	+34.5%
19	EPCEDGEWELL PERS CARE CO COM	28035Q102	$45.24M	343,900	1.02%	New
20	QMCOQUANTUM CORP COM DSSG	747906204	$43.17M	25,695,000	0.97%	-
21	QMCOQUANTUM CORP NOTE 4.500% 11/1	747906AJ4	$36.55M	30,550,000	0.82%	-
22	ACMAECOM COM	00766T100	$24.29M	734,200	0.55%	New
23	BOULDER BRANDS INC COM	101405108	$20.57M	2,964,100	0.46%	New
24	ICLRINTEGRATED SILICON SOLUTION COM	45812P107	$18.32M	827,441	0.41%	-70.2%
25	NNBRPINNACLE ENTMT INC COM	723456109	$16.78M	450,000	0.38%	New
26	SETEMPUR SEALY INTL INC COM	88023U101	$14.41M	218,700	0.33%	-67.6%
27	BWBABCOCK & WILCOX ENTERPRIS I COM	05614L100	$7.98M	427,500	0.18%	New
28	DIPLOMAT PHARMACY INC COM	25456K101	$7.61M	170,000	0.17%	New
29	UNWIRED PLANET INC NEW COM	91531F103	$6.30M	10,168,282	0.14%	-5.0%
30	THSTREEHOUSE FOODS INC COM	89469A104	$4.54M	56,000	0.10%	New
31	SYNERGY PHARMACEUTICALS DEL COM NEW	871639308	$4.36M	525,000	0.10%	New
32	DSP GROUP INC COM	23332B106	$2.37M	229,500	0.05%	-41.2%
33	GANALLERGAN PLC SHS	G0177J108	$1.97M	6,500	0.04%	New

Position Changes

Stock	Value	Shares
MMACYS INC	$197.32M	2,924,534
HUMHUMANA INC	$70.77M	370,000
BWXTBWX TECHNOLOGIES INC	$48.97M	1,492,900
EPCEDGEWELL PERS CARE CO	$45.24M	343,900
ACMAECOM	$24.29M	734,200
BOULDER BRANDS INC	$20.57M	2,964,100
NNBRPINNACLE ENTMT INC	$16.78M	450,000
BWBABCOCK & WILCOX ENTERPRIS I	$7.98M	427,500
DIPLOMAT PHARMACY INC	$7.61M	170,000
THSTREEHOUSE FOODS INC	$4.54M	56,000
SYNERGY PHARMACEUTICALS DEL	$4.36M	525,000
GANALLERGAN PLC	$1.97M	6,500