Starboard Value increases holdings in Kenvue and Riot Platforms while targeting Tripadvisor board
Starboard Value boosted its stakes in Kenvue and Riot Platforms late last year. The activist investor is now seeking to overhaul the board at Tripadvisor.
Insights:
Activist investor Starboard Value LP disclosed several changes to its equity portfolio in a U.S. Securities and Exchange Commission filing published on February 17, 2026. The filing, which details holdings for the quarter ending in December, revealed a significant position in Tripadvisor, Inc. alongside reports of a potential proxy contest. According to the Wall Street Journal, Starboard is preparing to push for a major overhaul of the board at the United States 
US based company and plans to nominate a majority slate of directors.
US based company and plans to nominate a majority slate of directors.
