The Rise and Fall of Starboard Value LP Q3 2022 vs. Q4 2022 13F Holdings

In the investment world, fund managers juggle a wide range of holdings in their portfolios, hoping to earn returns for their clients while minimizing risk. One such fund is Starboard Value LP, which has recently released its Q3 2022 vs. Q4 2022 13F holdings comparison. The data indicates that the fund has made significant changes to its holdings in various companies, adding new names to its portfolio while divesting others.

One of the most noteworthy changes in Starboard Value's portfolio is the addition of GoDaddy Inc (GDDY), with an increase in shares from 8,259,937 in Q3 2022 to 10,233,055 in Q4 2022. This change translates to a 30.8% increase in value from $585,464 to $765,637. At the same time, the fund added AECOM (ACM) to its portfolio with no change in shares, resulting in a 24.2% increase in value from $476,834 to $592,328. However, the fund decreased holdings in companies like Humana Inc (HUM), with shares dropping from 953,000 to 775,000, resulting in a 14.2% decrease in value from $462,386 to $396,947.

Starboard Value also made changes to its holdings in SPACs. The fund invested in VERTIV HOLDINGS CO (VRT) and added 16,901,901 shares in Q4 2022, taking the total shares to 16,901,901 from 0 in Q3 2022. Furthermore, the fund added Sizzle Acquisition Corp (SZZL), LATAMGROWTH SPAC (LATG), and A SPAC II Acquisition Corp (ASCB) with no changes in shares, while it divested all holdings in Acacia Resh Corp (ACTG).

These changes come in the wake of a volatile market, with businesses trying to navigate the current economic climate. As a result, the fund managers have realigned their portfolios, hoping to capitalize on emerging trends while reducing their exposure to risk. It is worth noting that Starboard Value's assets under management (AUM) are $4.2 billion, and it manages a concentrated portfolio of typically fewer than 30 stocks. Therefore, it's essential to keep an eye on the fund's holdings regularly for investors invested in the fund.

In conclusion, the Starboard Value LP Q3 2022 vs. Q4 2022 13F holdings comparison shows that the fund has made significant changes to its portfolio. While the fund added new names like GoDaddy Inc (GDDY) and AECOM (ACM), it decreased holdings in Humana Inc (HUM). Moreover, the fund invested heavily in VERTIV HOLDINGS CO (VRT) and divested all its holdings in Acacia Resh Corp (ACTG). Overall, these changes reflect the fund managers' efforts to navigate the current economic climate, minimize risks, and maximize returns for their clients.