Jeff Smith's portfolio — Starboard Value

Activist investor focused on underperforming mid-size companies and board changes.

Starboard Value's 13F filing for Q2 2026 lists 21 stocks worth $4.52B, led by IJH, QRVO, KVUE. That quarter it opened 2 new positions, added to 1, reduced 11 and sold out of 6.

Top holdings, Q2 2026

1. IJH ISHARES TR — $685M (15.1% of the portfolio)
2. QRVO QORVO INC — $523M (11.6% of the portfolio)
3. KVUE KENVUE INC — $522M (11.5% of the portfolio)
4. DT DYNATRACE INC — $389M (8.6% of the portfolio)
5. AQN ALGONQUIN PWR UTILS CORP — $335M (7.4% of the portfolio)
6. MTCH MATCH GROUP INC NEW — $296M (6.5% of the portfolio)
7. ACTG ACACIA RESH CORP — $285M (6.3% of the portfolio)
8. RIOT RIOT PLATFORMS INC — $279M (6.2% of the portfolio)
9. BILL BILL HOLDINGS INC — $254M (5.6% of the portfolio)
10. LW LAMB WESTON HLDGS INC — $248M (5.5% of the portfolio)

Every position in Starboard Value's 13F filing · All famous investors · What they hold in common