Starboard Value (Jeffrey Smith) discloses updated portfolio positions in 13F filing: New BILL position, Exited PFE FTRE GDOT RBA. Added to RIOT TRIP ROG
Highlights from Q3 2025 filing as compared to Q2 2025 (all amounts are approximate):
- New: BILL (7.02 mln shares)
- Increased: RIOT (8.82 mln shares from 4.68 mln shares), TRIP (9.51 mln from 8.5 mln), ROG (1.68 mln from 0.9 mln)
- Maintained: AQN (63.49 mln shares), ACTG (61.12 mln), ALIT (45.87 mln), KVUE (20.93 mln), BLMN (7.98 mln), IJH (5.25 mln), CRM (1.24 mln)
- Exited: PFE (from 8.54 mln shares), FTRE (2.5 mln), GDOT (1.73 mln), RBA (0.25 mln)
- Decreased: HR (14.49 mln shares from 19.29 mln shares), MTCH (11.07 mln from 15.31 mln), BDX (1.21 mln from 2.62 mln), GEN (12.17 mln from 13.33 mln), NWS (6.02 mln from 6.86 mln), NWSA (6.38 mln from 6.8 mln), QRVO (7.51 mln from 7.87 mln), IWM (0.14 mln from 0.34 mln), ADSK (1.31 mln from 1.47 mln)