Corvex Management 13F holdings, Q2 2013
Holdings as of June 30, 2013 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 41 US equity positions worth $3.8bn in its Q2 2013 13F filing. The largest position was ADT at 11.6% of the reported book, followed by WMB and TW TELECOM INC. Against the Q1 2013 filing, it opened 21 new positions, added to 10 and reduced 5 among the top 41 holdings.
What did Corvex Management own in Q2 2013? Top 41 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2013 |
|---|---|---|---|---|---|---|---|
| 1 | ADT THE ADT CORPORATION | Industrials | 11.6% | $445.0m | 11,166,021 | 0% | held |
| 2 | WMB WILLIAMS COS INC DEL | Energy | 10.3% | $394.6m | 12,153,266 | 108% | added |
| 3 | TW TELECOM INC | 6.7% | $255.2m | 9,069,224 | 295% | added | |
| 4 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 6.1% | $233.8m | 2,762,844 | – | new |
| 5 | CBS CORP NEW | 5.8% | $220.5m | 4,511,200 | 22% | added | |
| 6 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 5.5% | $209.9m | 4,028,011 | – | new |
| 7 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 3.8% | $147.1m | 2,916,000 | – | new |
| 8 | TIME WARNER CABLE INC | 3.8% | $143.8m | 1,278,800 | – | new | |
| 9 | COMMONWEALTH REIT | 3.4% | $131.2m | 5,675,250 | 5% | added | |
| 10 | LIBERTY GLOBAL PLC | 3.3% | $126.1m | 1,702,680 | – | new | |
| 11 | GOOGLE INC | 3.3% | $124.9m | 141,850 | – | new | |
| 12 | VODAFONE GROUP PLC NEW | 3.0% | $116.5m | 4,054,799 | 171% | added | |
| 13 | LEVEL 3 COMMUNICATIONS INC | 2.8% | $106.3m | 5,043,687 | 68% | added | |
| 14 | LAMAR ADVERTISING CO | 2.8% | $105.4m | 2,428,238 | 404% | added | |
| 15 | TALISMAN ENERGY INC | 2.7% | $103.6m | 9,060,000 | – | new | |
| 16 | TIME WARNER INC | 2.0% | $78.1m | 1,350,000 | – | new | |
| 17 | CRI CARTER INC | Consumer Cyclical | 1.9% | $71.8m | 969,023 | – | new |
| 18 | PSX PHILLIPS 66 | Energy | 1.8% | $70.6m | 1,197,628 | 4% | added |
| 19 | HUN HUNTSMAN CORP | Basic Materials | 1.7% | $66.5m | 4,018,546 | 174% | added |
| 20 | HEALTH MGMT ASSOC INC NEW | 1.7% | $66.1m | 4,204,583 | – | new | |
| 21 | FAMILY DLR STORES INC | 1.7% | $63.8m | 1,023,640 | – | new | |
| 22 | ANADARKO PETE CORP | 1.6% | $62.2m | 723,500 | -77% | reduced | |
| 23 | QCOM QUALCOMM INC | Technology | 1.6% | $61.1m | 1,000,000 | – | new |
| 24 | FIFTH & PAC COS INC | 1.5% | $56.5m | 2,529,745 | -27% | reduced | |
| 25 | OXY OCCIDENTAL PETE CORP DEL | Energy | 1.4% | $52.4m | 587,118 | -2% | reduced |
| 26 | EVTC EVERTEC INC | Technology | 1.3% | $51.5m | 2,342,937 | – | new |
| 27 | ISTAR FINL INC | 1.2% | $44.7m | 3,962,054 | 728% | added | |
| 28 | TYCO INTERNATIONAL LTD | 1.0% | $37.5m | 1,138,044 | 0% | held | |
| 29 | HCA HCA HOLDINGS INC | Healthcare | 0.8% | $30.8m | 854,948 | -10% | reduced |
| 30 | LIBERTY GLOBAL PLC | 0.6% | $22.0m | 323,803 | – | new | |
| 31 | JPM JPMORGAN CHASE & CO | Financial Services | 0.6% | $21.1m | 400,000 | -57% | reduced |
| 32 | CYH COMMUNITY HEALTH SYS INC NEW | Healthcare | 0.5% | $21.0m | 447,718 | – | new |
| 33 | DU PONT E I DE NEMOURS & CO | 0.5% | $18.9m | 360,000 | – | new | |
| 34 | LNG CHENIERE ENERGY INC | Energy | 0.5% | $18.1m | 650,774 | – | new |
| 35 | NATIONAL OILWELL VARCO INC | 0.4% | $13.8m | 200,000 | 0% | held | |
| 36 | ARMOUR RESIDENTIAL REIT INC | 0.4% | $13.5m | 2,862,448 | – | new | |
| 37 | MOLINA HEALTHCARE INC | 0.3% | $11.0m | 8,500,000 | 0% | held | |
| 38 | VIVUS INC | 0.1% | $5.0m | 400,000 | – | new | |
| 39 | KINDER MORGAN INC DEL | 0.1% | $2.6m | 500,600 | – | new | |
| 40 | LONE PINE RES INC | 0.0% | $1.3m | 3,897,100 | 0% | held | |
| 41 | A AGILENT TECHNOLOGIES INC | Healthcare | 0.0% | $1.0m | 23,620 | – | 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.