Starboard Value

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 20262 names$643M+$181M
• Q1 20263 names$545M−$621M
• Q4 20255 names$1.5B−$365M
• Q3 20255 names$1.6B+$240M
• Q2 20254 names$1.4B−$155M
• Q1 20254 names$1.5B−$353M
• Q4 20246 names$2.0B−$658M
• Q3 20246 names$2.5B+$190M
• Q2 20245 names$2.1B−$138M
• Q1 20245 names$2.3B+$25.3M
• Q4 20234 names$2.0B−$256M
• Q3 20234 names$1.8B−$84.5M
• Q2 20235 names$1.8B−$8.2M
• Q1 20235 names$1.9B−$103M
• Q4 20226 names$1.9B+$413M
• Q3 20226 names$1.4B+$47.7M
• Q2 20225 names$1.4B+$41.8M
• Q1 20225 names$1.6B−$2.7M
• Q4 20214 names$1.6B+$200M
• Q3 20214 names$1.3B−$20.4M
• Q2 20214 names$1.4B−$105M
• Q1 20214 names$1.4B+$4.9M
• Q4 20204 names$1.2B+$334M
• Q3 20204 names$726M−$150M
• Q2 20204 names$890M−$80.3M
• Q1 20204 names$885M+$335M
• Q4 20192 names$803M+$635M
• Q3 20191 name$116M+$123M
• Q2 20190 names$0—
• Q1 20190 names$0—
• Q4 20180 names$0—
• Q3 20180 names$0—
• Q2 20180 names$0—
• Q1 20180 names$0−$154M
• Q4 20171 name$154M−$14.5M
• Q3 20171 name$141M−$20.6M
• Q2 20171 name$167M+$11.4M
• Q1 20171 name$160M+$126M
• Q4 20160 names$0—
• Q3 20160 names$0—
• Q2 20160 names$0—

What moved the book

The five software lines with the largest share change this quarter.

• AutodeskADSK−$98.9M$297M
• SalesforceCRM−$71.5M$249M
• Gen DigitalGEN−$45.0M$288M

Software held

• BILLBILL7,024,848 shares · 26.3% of their software · price +$11.0M$383MFlat
• AutodeskADSK1,001,733 shares · 20.4% of their software · price −$21.7M$297M−$98.9M
• Gen DigitalGEN10,585,592 shares · 19.8% of their software · price −$12.7M$288M−$45.0M
• SalesforceCRM940,325 shares · 17.1% of their software · price +$26.2M$249M−$71.5M
• Clearwater AnalyticsCWAN9,959,031 shares · 16.5% of their software$240MNew