Starboard Value’s Perrigo PRGO Stock Holding History

Starboard Value’s Portfolio PRGO Stock Details PRGO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-4,100,000	Closed	-$229M	–	17
2019 Q3	$229M	Sell	4,100,000 -5,941,425	-59%	-$303M	7.65%	3
2019 Q2	$478M	Hold	10,041,425	–	–	14.55%	3
2019 Q1	$484M	Hold	10,041,425	–	–	11.81%	3
2018 Q4	$389M	Hold	10,041,425	–	–	12.02%	5
2018 Q3	$711M	Hold	10,041,425	–	–	18.23%	1
2018 Q2	$732M	Buy	10,041,425 +400,000	+4%	+$30.8M	18.51%	1
2018 Q1	$804M	Hold	9,641,425	–	–	17.63%	1
2017 Q4	$840M	Hold	9,641,425	–	–	20.55%	1
2017 Q3	$816M	Hold	9,641,425	–	–	22.03%	1
2017 Q2	$728M	Hold	9,641,425	–	–	21.23%	1
2017 Q1	$640M	Buy	9,641,425 +135,000	+1%	+$10.3M	19.61%	1
2016 Q4	$791M	Buy	9,506,425 +3,611,332	+61%	+$313M	23.32%	1
2016 Q3	$544M	Buy	+5,895,093	New	+$543M	14.8%	1

Other funds holding PRGO

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 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

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Parnassus Investments San Francisco, California $37.4B AUM 35.42% 1-Year Est. Return

BBHC

Brown Brothers Harriman & Co New York $18.6B AUM 15.81% 1-Year Est. Return

SSM

Sound Shore Management Greenwich, Connecticut $2.98B AUM 22.67% 1-Year Est. Return

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

Starboard Value's PRGO Position: Q4 2019 in Review

Starboard Value sold out of Perrigo (PRGO) in Q4 2019, closing a stake of 4,100,000 shares — an estimated $229M sold.

Starboard Value first reported a position in PRGO in Q3 2016 and held it in 13 quarters. The position peaked at $840M in Q4 2017. 353 funds tracked by Wall St. Rank hold PRGO as of Q4 2019.

Starboard Value reported no remaining Perrigo position as of Q4 2019 after selling out during the quarter.
Starboard Value sold 4,100,000 Perrigo shares in Q4 2019, an estimated $229M.
Starboard Value first reported a position in Perrigo in Q3 2016 and held it in 13 quarters.
Starboard Value's Perrigo position peaked at $840M in Q4 2017.
353 funds tracked by Wall St. Rank held Perrigo as of Q4 2019.

Based on Starboard Value's 13F filing for Q4 2019, filed 14 Feb 2020.