Starboard Buys Polycom, Entropic Communications; Sells Smithfield Foods

Starboard Value LP’s recent 13F filing reveals it added four new stocks and increased stakes in five stocks, exited 4 stocks and reduced holdings in ten stocks

The top ten holdings of Starboard represent a substantial 77% of its portfolio.

The New York-based investment adviser with a special focus in publicly traded U.S. small cap companies has a total market value of $1.226 billion as of 30^th September 2013.

Starboard’s major new positions

Starboard Value LP acquired 2,850,000 shares of unified communications company Polycom Inc (NASDAQ:PLCM) for $31.12 million. Polycom represents 2.54% of Starboard’s portfolio. Another new addition...