Starboard Value AUM Grows 26% In Q1

Jeffrey Smith’s hedge fund Starboard Value LP has filed its 13-f for the first three months of 2013. The document, which shows the long positions held by the hedge fund at the end of March 2013, contains some interesting pointers for value investors trying to develop new strategies for the rest of the year. Starboard Value LP was founded by Jeffrey Smith in 2002 and looks to invest in undervalued small cap stocks with a strong emphasis on fundamentals. In the first three months of 2013 the firm added a few choice small caps to its holdings. The firm’s long…