Engaged Capital’s AUM, Holdings and Performance

4. TiVo Corp (NASDAQ:TIVO)

TiVo Corp (NASDAQ:TIVO) represents Engaged Capital’s fourth-largest stake, which contains 2.52 million shares worth $47.09 million. Engaged Capital has held shares of the company since 2013, when it was called Rovi Corporation. In 2016, Rovi Corporation bought TiVo for $1.1 billion and Mr. Welling was a key player in orchestrating the deal. In 2015, Engaged Capital obtained two board seats and pushed for the merger. Mr. Welling still sits on TiVo Corp (NASDAQ:TIVO)’s board of directors. During the second quarter, the number of investors from our database bullish on TiVo Corp (NASDAQ:TIVO) declined by five to 17.

Follow Tivo Corp