Exited position

Jeff Smith’s Darden Restaurants Inc (DRI) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Starboard Value LPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ4 2013Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares11.64MHighest verified quarter-end share count
Quarters reported11Verified quarters with shares above zero
What happened?

Starboard Value LP first reported Darden Restaurants Inc in Q4 2013. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Starboard Value LP sold the entire position in Q3 2016, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q3 2016
Sold the entire position−3.89M shares · No shares reported at quarter-end
Q2 2016
Sold 41.2% of the position−2.73M shares · 3.89M shares remained
Filing context

Quarter-end price $63.34 · Estimated holding basis $52.84

Q1 2016
Sold 43.1% of the position−5.02M shares · 6.62M shares remained
Filing context

Quarter-end price $66.30 · Estimated holding basis $52.84

Q3 2014
Bought 41.6% more+3.42M shares · 11.64M shares reported after the change
Filing context

Quarter-end price $51.46 · Estimated holding basis $52.84

Q2 2014
Bought 13.3% more+965.06K shares · 8.22M shares reported after the change
Filing context

Quarter-end price $46.27 · Estimated holding basis $53.42

Q4 2013
New position+7.25M shares · 7.25M shares reported
Filing context

Quarter-end price $54.37 · Estimated holding basis $54.37

6 unchanged quarters are collapsed by default.

Portfolio importance

How important was Darden Restaurants Inc in Starboard Value LP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight10.4%Q2 2016
Last reported rank#3of 20 reported positions
Peak portfolio weight28.4%Q4 2015
Best historical rank#1Q4 2013
At peak importanceQ4 2015
DRI
28.4%
Largest holding
28.4%
Cross-investor discovery

Who else owns Darden Restaurants Inc?

Also reported by 2 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
DRI0.0% of reported portfolio
Ray DalioBridgewater Associates, LP
DRI0.0% of reported portfolio
Explore Darden Restaurants Inc across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$209.122026-09-15

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Starboard Value LP’s Form 13F disclosures—not Jeff Smith’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.