13F Portfolios

Starboard Value LP: BILL HOLDINGS INC (BILL): Quarterly 13F Position History

As of Q1 2026, Starboard Value LP reported 7,024,848 shares of BILL HOLDINGS INC (BILL), worth $269.1M and representing 5.9% of its 13F equity book. The position first appeared in Q3 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 7,024,848 0 $269.1M 5.9% $38.3
Q4 2025 7,024,848 0 $383.1M 7.3% $54.5
Q3 2025 7,024,848 $372.1M 7.0% $53.0

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did Starboard Value LP first disclose a BILL position in 13F-HR filings?

Starboard Value LP first reported BILL HOLDINGS INC (BILL) on its 13F-HR filing for the period ending 2025-09-30 (Q3 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.

What was Starboard Value LP's most recent quarter-over-quarter share-count change in BILL?

Starboard Value LP held the same 7,024,848 shares of BILL between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.

Does the implied price-per-share represent Starboard Value LP's cost basis in BILL?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.