Starboard takes new stakes in Lamb Weston and CarMax, exits Autodesk position

Jeffrey Smith’s Starboard Value disclosed in an SEC filing its holdings as of March 31, 2026. Starboard’s three new buys during the first quarter included, by size of position, Lamb Weston (LW), CarMax (KMX), and GPGI (GPGI). Starboard exited three positions during the quarter, including by size of previous position, Autodesk (ADSK) and Salesforce (CRM). Starboard increased its stake in three holdings, including by size of previous position, Riot Platforms (RIOT) and TripAdvisor (TRIP). Starboard reduced its stake in a number of holdings, including by size of previous position, Gen Digital (GEN), Clearwater Analytics (CWAN), Healthcare Realty Trust (HR), Becton Dickinson (BDX), and Fluor (FLR). Starboard’s top holdings as of March 31, in order of size, were Qorvo (QRVO), Kenvue (KVUE), Match Group (MTCH), and Algonquin Power (AQN).