Corvex Management 13F holdings, Q1 2012
Holdings as of March 31, 2012 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 34 US equity positions worth $1.1bn in its Q1 2012 13F filing. The largest position was IWM at 18.0% of the reported book, followed by YAHOO INC and HES. Against the Q4 2011 filing, it opened 21 new positions, added to 6 and reduced 5 among the top 34 holdings.
What did Corvex Management own in Q1 2012? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2011 |
|---|---|---|---|---|---|---|---|
| 1 | IWM ISHARES TR RUSSELL 2000 | 18.0% | $198.8m | 2,400,000 | – | new | |
| 2 | YAHOO INC | 12.5% | $138.5m | 9,100,000 | 193% | added | |
| 3 | HES HESS CORP | 6.8% | $75.4m | 1,278,900 | – | new | |
| 4 | BMC SOFTWARE INC | 5.6% | $61.9m | 1,541,993 | – | new | |
| 5 | CORRECTIONS CORP AMER NEW | 5.6% | $61.6m | 2,255,689 | – | new | |
| 6 | VRSN VERISIGN INC | Technology | 5.2% | $57.6m | 1,503,071 | 71% | added |
| 7 | EXPRESS SCRIPTS INC | 4.9% | $54.2m | 1,000,000 | 67% | added | |
| 8 | ILMN ILLUMINA INC | Healthcare | 4.8% | $52.6m | 1,000,000 | – | new |
| 9 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 4.3% | $47.4m | 932,200 | – | new |
| 10 | RALCORP HLDGS INC NEW | 4.1% | $45.0m | 607,124 | – | new | |
| 11 | LIBERTY INTERACTIVE CORPORAT INT | 2.5% | $27.2m | 1,422,700 | – | new | |
| 12 | TYCO INTERNATIONAL LTD | 2.4% | $27.0m | 480,000 | – | new | |
| 13 | NEWS CORP | 2.1% | $22.8m | 1,156,917 | 131% | added | |
| 14 | AMERICAN CAPITAL AGENCY CORP | 2.0% | $22.2m | 750,000 | – | new | |
| 15 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 1.9% | $20.7m | 359,940 | 60% | added |
| 16 | SENSATA TECHNOLOGIES HLDG BV | 1.8% | $20.4m | 608,376 | – | new | |
| 17 | GOODRICH CORP | 1.7% | $18.8m | 150,000 | 0% | held | |
| 18 | CBRE CBRE GROUP INC | Real Estate | 1.7% | $18.7m | 937,478 | – | new |
| 19 | HORNBECK OFFSHORE SVCS INC N | 1.6% | $18.0m | 429,347 | -52% | reduced | |
| 20 | ABOVENET INC | 1.5% | $16.6m | 200,000 | -83% | reduced | |
| 21 | FXI ISHARES TR FTSE CHINA25 IDX | 1.2% | $13.7m | 375,000 | – | new | |
| 22 | EL PASO CORP | 1.2% | $13.3m | 450,000 | – | new | |
| 23 | AMT AMERICAN TOWER CORP NEW | Real Estate | 1.1% | $12.2m | 193,815 | 57% | added |
| 24 | CHESAPEAKE ENERGY CORP | 1.0% | $11.6m | 500,000 | – | new | |
| 25 | STILLWATER MNG CO | 0.9% | $10.2m | 810,000 | – | new | |
| 26 | ARMOUR RESIDENTIAL REIT INC | 0.6% | $6.8m | 1,000,000 | – | new | |
| 27 | DOLLAR THRIFTY AUTOMOTIVE GP | 0.6% | $6.3m | 77,700 | 0% | held | |
| 28 | INTEROIL CORP | 0.6% | $6.2m | 120,000 | -56% | reduced | |
| 29 | QUEST SOFTWARE INC | 0.5% | $5.8m | 250,000 | – | new | |
| 30 | WMB WILLIAMS COS INC DEL | Energy | 0.4% | $4.6m | 150,700 | – | new |
| 31 | ANADARKO PETE CORP | 0.4% | $3.9m | 50,000 | -67% | reduced | |
| 32 | EXPE EXPEDIA INC DEL | Consumer Cyclical | 0.3% | $3.3m | 100,000 | -85% | reduced |
| 33 | HARRY WINSTON DIAMOND CORP | 0.2% | $2.3m | 156,498 | – | new | |
| 34 | GEO GEO GROUP INC | 0.2% | $1.9m | 100,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.