Exited position

Jeff Smith’s Fortrea Hldgs Inc (FTRE) 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 2023Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares8.40MHighest verified quarter-end share count
Quarters reported7Verified quarters with shares above zero
What happened?

Starboard Value LP first reported Fortrea Hldgs Inc in Q4 2023. 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 2025, 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 2025
Sold the entire position−2.50M shares · No shares reported at quarter-end
Q2 2025
Sold 52.6% of the position−2.77M shares · 2.50M shares remained
Filing context

Quarter-end price $4.94 · Estimated holding basis $30.48

Q1 2025
Sold 29.6% of the position−2.21M shares · 5.27M shares remained
Filing context

Quarter-end price $7.55 · Estimated holding basis $30.48

Q4 2024
Sold 11.0% of the position−922.00K shares · 7.48M shares remained
Filing context

Quarter-end price $18.65 · Estimated holding basis $30.48

Q3 2024
Bought 5.0% more+400.00K shares · 8.40M shares reported after the change
Filing context

Quarter-end price $20.00 · Estimated holding basis $30.48

Q2 2024
Bought 50.9% more+2.70M shares · 8.00M shares reported after the change
Filing context

Quarter-end price $23.34 · Estimated holding basis $31.00

Portfolio importance

How important was Fortrea Hldgs 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 weight0.2%Q2 2025
Last reported rank#23of 24 reported positions
Peak portfolio weight5.5%Q4 2023
Best historical rank#8Q4 2023
At peak importanceQ4 2023
FTRE
5.5%
Largest holding
16.6%
Cross-investor discovery

Who else owns Fortrea Hldgs Inc?

Also reported by 1 other tracked investor in their latest verified filings.

Joel GreenblattGotham Asset Management
FTRE0.0% of reported portfolio
Explore Fortrea Hldgs 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$19.932026-09-18

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.