Starboard Value’s ON Semiconductor ON Stock Holding History

Starboard Value’s Portfolio ON Stock Details ON Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-200,000	Closed	-$16.5M	–	52
2023 Q1	$16.5M	Sell	200,000 -750,000	-79%	-$57M	0.33%	19
2022 Q4	$59.3M	Sell	950,000 -1,497,000	-61%	-$99.8M	1.14%	18
2022 Q3	$153M	Sell	2,447,000 -3,170,681	-56%	-$204M	3.35%	10
2022 Q2	$283M	Sell	5,617,681 -1,000,000	-15%	-$55.7M	5.14%	6
2022 Q1	$414M	Sell	6,617,681 -950,000	-13%	-$57.9M	5.49%	7
2021 Q4	$514M	Sell	7,567,681 -770,000	-9%	-$43.6M	7.12%	4
2021 Q3	$382M	Sell	8,337,681 -350,000	-4%	-$15M	6.98%	4
2021 Q2	$333M	Buy	8,687,681 +116,502	+1%	+$4.57M	6.53%	6
2021 Q1	$357M	Sell	8,571,179 -466,502	-5%	-$17.9M	7.61%	4
2020 Q4	$296M	Buy	+9,037,681	New	+$252M	7.52%	5

Other funds holding ON

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

PAMS

Pictet Asset Management (Switzerland) Geneva 73, Switzerland $84.3B AUM 26.5% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Starboard Value's ON Position: Q2 2023 in Review

Starboard Value sold out of ON Semiconductor (ON) in Q2 2023, closing a stake of 200,000 shares — an estimated $16.5M sold.

Starboard Value first reported a position in ON in Q4 2020 and held it in 10 quarters. The position peaked at $514M in Q4 2021. 907 funds tracked by Wall St. Rank hold ON as of Q2 2023.

Starboard Value reported no remaining ON Semiconductor position as of Q2 2023 after selling out during the quarter.
Starboard Value sold 200,000 ON Semiconductor shares in Q2 2023, an estimated $16.5M.
Starboard Value first reported a position in ON Semiconductor in Q4 2020 and held it in 10 quarters.
Starboard Value's ON Semiconductor position peaked at $514M in Q4 2021.
907 funds tracked by Wall St. Rank held ON Semiconductor as of Q2 2023.

Based on Starboard Value's 13F filing for Q2 2023, filed 11 Aug 2023.