Jeff Smith's portfolio
In the Q2 2026 13F, filed August 14, 2026, Starboard Value reported 21 US stock positions worth $4.5B. The largest was iShares Core S&P Mid-Cap ETF (IJH) at 15.1% of the portfolio. New positions: Dynatrace (DT) and Flowserve (FLS). Added to: iShares Core S&P Mid-Cap ETF (IJH) and Bill (BILL). The Q3 2026 13F is due by November 14, 2026.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
Trimmed
- QorvoQRVO$523M
- MatchMTCH$296M
- Riot PlatformsRIOT$277M
- Lamb WestonLW$248M
- CarMaxKMX$170M
- FluorFLR$83M
- TripAdvisorTRIP$70M
- News Corp BNWS$68M
- News Corp ANWSA$51M
- Bloomin BrandsBLMN$38M
Sold out
None this quarter.
Holdings
21 US-listed positions in the Q2 2026 13F, largest first.
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETFIJH | 15.14% | $685M | 8,877,781 | Added |
| QorvoQRVO | 11.57% | $523M | 5,611,526 | Trimmed |
| KenvueKVUE | 11.54% | $522M | 27,307,632 | Held |
| DynatraceDT | 8.61% | $389M | 8,866,692 | New |
| Algonquin Power & UtilitiesAQN | 7.41% | $335M | 57,189,420 | Held |
| MatchMTCH | 6.54% | $296M | 7,775,125 | Trimmed |
| Acacia ResearchACTG | 6.30% | $285M | 61,123,595 | Held |
| Riot PlatformsRIOT | 6.12% | $277M | 10,114,576 | Trimmed |
| BillBILL | 5.62% | $254M | 7,025,748 | Added |
| Lamb WestonLW | 5.47% | $248M | 5,733,982 | Trimmed |
| CarMaxKMX | 3.75% | $170M | 3,206,438 | Trimmed |
| FlowserveFLS | 2.36% | $107M | 1,441,600 | New |
| FluorFLR | 1.84% | $83M | 1,586,327 | Trimmed |
| GPGIGPGI | 1.76% | $80M | 5,027,028 | Held |
| TripAdvisorTRIP | 1.54% | $70M | 5,096,996 | Trimmed |
| News Corp BNWS | 1.51% | $68M | 2,431,081 | Trimmed |
| News Corp ANWSA | 1.12% | $51M | 2,040,100 | Trimmed |
| Healthcare Rlty Tr | 0.86% | $39M | 1,936,267 | Held |
| Bloomin BrandsBLMN | 0.84% | $38M | 4,180,992 | Trimmed |
| Bitcoin Infrastructure Acqui | 0.07% | $3M | 300,000 | Held |
| Bitcoin Infrastructure Acqui | 0.00% | $47,460 | 149,999 | Held |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Jeff Smith own?
In the Q2 2026 13F, Starboard Value reported 21 US stock positions worth $4.5B. The largest: iShares Core S&P Mid-Cap ETF (IJH) 15.1%, Qorvo (QRVO) 11.6%, Kenvue (KVUE) 11.5%, Dynatrace (DT) 8.6%, Algonquin Power & Utilities (AQN) 7.4%.
What did Jeff Smith buy last quarter?
In Q2 2026: new position in Dynatrace (DT); new position in Flowserve (FLS); added to iShares Core S&P Mid-Cap ETF (IJH); added to Bill (BILL).
What did Jeff Smith sell last quarter?
In Q2 2026: cut Qorvo (QRVO); cut Match (MTCH); cut Riot Platforms (RIOT).
When is Jeff Smith's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.