Jeffrey Smith’s Starboard Value disclosed in an SEC filing its holdings as of December 31, 2024. The fund’s new buys during the fourth quarter included, by size of position, Kenvue (KVUE), Pfizer (PFE), Healthcare Realty Trust (HR), iShares Core S&P Mid-Cap ETF (IJH), and Riot Platforms (RIOT). Starboard exited two positions during the quarter, including iShares Russell 2000 Value ETF (IWM) and Humana (HUM). The fund increased its stake in Match Group (MTCH), Alight (ALIT), and Algonquin Power (AQN), and reduced its stake in Salesforce (CRM), Autodesk (ADSK), Wix.com (WIX), Fortrea (FTRE), and Green Dot (GDOT). Starboard’s top holdings as of December 31, in order of size, were GoDaddy (GDDY), Gen Digital (GEN), Match Group, Kenvue, and Pfizer.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KVUE:
- Kenvue Inc.’s Earnings Call: Growth Amid Challenges
- Kenvue price target lowered to $22 from $23 at Deutsche Bank
- Kenvue, Inc.: Resilience and Strategic Improvements Amidst Current Challenges
- Kenvue price target lowered to $24 from $27 at Canaccord
- Kenvue’s 2024 Financial Performance and 2025 Outlook