Exited position

Jeff Smith’s Macys Inc (M) 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 reportedQ2 2015Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares3.92MHighest verified quarter-end share count
Quarters reported7Verified quarters with shares above zero
What happened?

Starboard Value LP first reported Macys Inc in Q2 2015. 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 Q1 2017, 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.

Q1 2017
Sold the entire position−3.01M shares · No shares reported at quarter-end
Q3 2016
Bought 27.5% more+650.00K shares · 3.01M shares reported after the change
Filing context

Quarter-end price $37.05 · Estimated holding basis $56.63

Q2 2016
Sold 39.9% of the position−1.56M shares · 2.36M shares remained
Filing context

Quarter-end price $33.61 · Estimated holding basis $62.02

Q1 2016
Bought 18.6% more+615.13K shares · 3.92M shares reported after the change
Filing context

Quarter-end price $44.09 · Estimated holding basis $62.02

Q4 2015
Bought 1.5% more+48.16K shares · 3.31M shares reported after the change
Filing context

Quarter-end price $34.98 · Estimated holding basis $65.35

Q3 2015
Bought 11.5% more+337.12K shares · 3.26M shares reported after the change
Filing context

Quarter-end price $51.32 · Estimated holding basis $65.80

1 unchanged quarter is collapsed by default.

Portfolio importance

How important was Macys 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 weight3.2%Q4 2016
Last reported rank#7of 22 reported positions
Peak portfolio weight7.2%Q1 2016
Best historical rank#4Q2 2015
At peak importanceQ1 2016
M
7.2%
Largest holding
18.8%
Cross-investor discovery

Who else owns Macys Inc?

Also reported by 3 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
M0.1% of reported portfolio
Warren BuffettBerkshire Hathaway
M0.1% of reported portfolio
Ray DalioBridgewater Associates, LP
M0.0% of reported portfolio
Explore Macys 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$22.082026-09-11

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.