VRT - Starboard Value takes new stake in Bloomin' Brands; exits Splunk LivePerson

2023-11-14 18:17:03 ET

Starboard Value LP exited its holdings in Willis Towers Watson ( NASDAQ: WTW ), Splunk ( NASDAQ: SPLK ), Papa John's International ( NASDAQ: PZZA ) and LivePerson ( NASDAQ: LPSN ) during the third quarter, according to the hedge fund's latest 13F filing.

The firm bought a new position in Bloomin' Brands ( NASDAQ: BLMN ), with 8.34M shares.

It boosted its stakes in Acacia Research ( NASDAQ: ACTG ) to 61.1M from 20.0M, and Algonquin Power ( NYSE: AQN ) to 58.4M from 34.1M.

Reduced stakes in Vertiv Holdings ( NYSE: VRT ) to 4.12M from 15.9M, Salesforce ( NYSE: CRM ) to 1.73M from 2.01M, and Rogers Corp. ( NYSE: ROG ) to 545.5K from 774K, the filing showed.

More on 13F Filings

• David Tepper's Appaloosa exits Apple, Marvell, Broadcom in Q3
• Tiger Global takes new stakes in Alibaba, Doordash, exits DLocal in Q3
• Saudi Arabia sovereign fund cuts FedEx stake in Q3, raises holdings in PDD, Pinterest

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