Starboard Value (Jeffrey Smith) discloses updated portfolio positions in 13F filing: New KMX LW GPGI positions, Added to TRIP, Exited ADSK CRM
Highlights from Q1 2026 filing as compared to Q4 2025 (all amounts are approximate):
- New: KMX (6.2 mln shares), LW (6.1 mln), GPGI (5.0 mln)
- Increased: TRIP (10.8 mln shares from 9.6 mln shares), IJH (5.8 mln from 5.3 mln)
- Maintained: ACTG (61.1 mln shares), KVUE (27.3 mln), MTCH (11.4 mln), QRVO (7.5 mln), BILL (7.0 mln)
- Exited: ADSK (from 1 mln shares), CRM (0.94 mln)
- Decreased: AQN (57.2 mln shares from 63.5 mln shares), HR (6.8 mln from 12.6 mln), CWAN (5.46 mln from 9.96 mln), GEN (7.81 mln from 10.59 mln), FLR (2.89 mln from 5.19 mln), NWS (2.59 mln from 4.44 mln), ROG (0.58 mln from 1.2 mln), BDX (0.64 mln from 0.93 mln), NWSA (5.6 mln from 5.9 mln)