Reply To: Traders Market Weekly: China, NVidia, BRICS and Jackson Hole Risks

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Starboard Value boosts stakes in Wix.com, Humana, trims Salesforce

During the second quarter, Starboard Value dumped its positions in ON Semiconductor (NASDAQ:ON), Enovis (NYSE:ENOV) and HCM Acquisition (NASDAQ:HCMA), the investment firm disclosed in a 13F filing on Friday.

The hedge fund, meantime, opened new stakes in Algonquin Power & Utilities (NYSE:AQN), with 34.1M shares, and Abcam (NASDAQ:ABCM), with 4.59M shares.

It boosted its stakes in Wix.com (NASDAQ:WIX) to 3.79M from 1.97M, and Humana (NYSE:HUM) to 885K from 800K.

Reduced stakes in Mercury Systems (NASDAQ:MRCY) to 2.84M from 3.77M, Salesforce (NYSE:CRM) to 2.01M from 2.53M, and Rogers (NYSE:ROG) to 774K from 1.03M.