Starboard Value adds ROG, RBA, exits IWM, Pediatrix Medical
gorodenkoff

Starboard Value took new positions in Rogers Corporation (NYSE:ROG) (1.03M shares), Ritchie Bros. Auctioneers (NYSE:RBA) (251K shares), and Israel Acquisitions (NASDAQ:ISRL) (500K shares) during the first quarter of 2023, according to the investment firm's latest 13F filing.
The hedge fund, meanwhile, dumped its stakes in iShares Russell 2000 ETF (NYSEARCA:IWM), Pediatrix Medical Group, Inc. (NYSE:MD), Fast Acquisition Corp. II (NYSE:FZT), Onyx Acquisition Co. I (NASDAQ:ONYX) and Atlantic Coastal Acquisition Corp. (NASDAQ:ACAH).

It boosted its holdings in Acacia Research (NASDAQ:ACTG) to 20M shares from 5M, Commvault Systems, Inc. (NASDAQ:CVLT) to 1.59M shares from 1.55M, and Humana Inc. (NYSE:HUM) to 800K shares from 775K.
Reduced stakes in Papa John's International, Inc. (NASDAQ:PZZA) to 582K shares from 2.76M, ON Semiconductor (NASDAQ:ON) to 200K shares from 950K, and Willis Towers Watson (NASDAQ:WTW) to 1.82M shares from 1.93M, the filing showed.
Seth Klarman's Baupost Fund established a new position in Willis Towers Watson during Q1.