Corvex Management 13F holdings, Q3 2013
Holdings as of September 30, 2013 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 46 US equity positions worth $4.3bn in its Q3 2013 13F filing. The largest position was WMB at 11.4% of the reported book, followed by ADT and CBS CORP NEW. Against the Q2 2013 filing, it opened 18 new positions, added to 13 and reduced 8 among the top 46 holdings.
What did Corvex Management own in Q3 2013? Top 46 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2013 |
|---|---|---|---|---|---|---|---|
| 1 | WMB WILLIAMS COS INC DEL | Energy | 11.4% | $494.6m | 13,603,266 | 12% | added |
| 2 | ADT THE ADT CORPORATION | Industrials | 10.5% | $454.0m | 11,166,021 | 0% | held |
| 3 | CBS CORP NEW | 6.0% | $260.1m | 4,714,627 | 5% | added | |
| 4 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 5.9% | $254.6m | 2,762,844 | 0% | held |
| 5 | TW TELECOM INC | 5.6% | $240.7m | 8,059,762 | -11% | reduced | |
| 6 | LEVEL 3 COMMUNICATIONS INC | 4.8% | $206.4m | 7,734,487 | 53% | added | |
| 7 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 4.2% | $179.9m | 3,134,505 | -22% | reduced |
| 8 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 4.1% | $176.2m | 3,121,300 | 7% | added |
| 9 | AMT AMERICAN TOWER CORP NEW | Real Estate | 3.4% | $148.3m | 2,000,000 | – | new |
| 10 | TALISMAN ENERGY INC | 3.1% | $131.9m | 11,472,900 | 27% | added | |
| 11 | HCA HCA HOLDINGS INC | Healthcare | 2.9% | $125.1m | 2,925,738 | 242% | added |
| 12 | COMMONWEALTH REIT | 2.9% | $124.3m | 5,675,250 | 0% | held | |
| 13 | VODAFONE GROUP PLC NEW | 2.8% | $121.3m | 3,447,799 | -15% | reduced | |
| 14 | LIBERTY GLOBAL PLC | 2.2% | $97.1m | 1,223,729 | -28% | reduced | |
| 15 | PSX PHILLIPS 66 | Energy | 2.1% | $92.0m | 1,590,849 | 33% | added |
| 16 | ANADARKO PETE CORP | 2.0% | $86.2m | 926,764 | 28% | added | |
| 17 | QCOM QUALCOMM INC | Technology | 1.8% | $78.7m | 1,168,200 | 17% | added |
| 18 | EVTC EVERTEC INC | Technology | 1.6% | $68.8m | 3,096,512 | 32% | added |
| 19 | CF CF INDS HLDGS INC | Basic Materials | 1.5% | $66.3m | 314,700 | – | new |
| 20 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 1.5% | $65.4m | 2,458,647 | – | new |
| 21 | NUANCE COMMUNICATIONS INC | 1.4% | $59.8m | 3,200,000 | – | new | |
| 22 | HERTZ GLOBAL HOLDINGS INC | 1.3% | $58.1m | 2,620,000 | – | new | |
| 23 | LAMAR ADVERTISING CO | 1.3% | $56.1m | 1,192,665 | -51% | reduced | |
| 24 | NXST NEXSTAR BROADCASTING GROUP I | Communication Services | 1.2% | $52.0m | 1,168,100 | – | new |
| 25 | ISTAR FINL INC | 1.2% | $49.8m | 4,137,054 | 4% | added | |
| 26 | HUN HUNTSMAN CORP | Basic Materials | 1.2% | $49.7m | 2,411,515 | -40% | reduced |
| 27 | NATIONSTAR MTG HLDGS INC | 1.1% | $49.3m | 877,600 | – | new | |
| 28 | HEALTH MGMT ASSOC INC NEW | 1.1% | $49.3m | 3,851,634 | -8% | reduced | |
| 29 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 1.1% | $48.3m | 600,000 | – | new |
| 30 | CROWN CASTLE INTL CORP | 1.1% | $46.7m | 640,000 | – | new | |
| 31 | DISH DISH NETWORK CORP | 1.0% | $44.7m | 993,353 | – | new | |
| 32 | ENDO HEALTH SOLUTIONS INC | 0.9% | $37.4m | 822,559 | – | new | |
| 33 | H HYATT HOTELS CORP | Consumer Cyclical | 0.8% | $33.9m | 789,901 | – | new |
| 34 | CYH COMMUNITY HEALTH SYS INC NEW | Healthcare | 0.7% | $29.7m | 716,700 | 60% | added |
| 35 | HLF HERBALIFE LTD | Consumer Defensive | 0.7% | $29.2m | 419,003 | – | new |
| 36 | LIBERTY GLOBAL PLC | 0.6% | $24.4m | 323,803 | 0% | held | |
| 37 | LNG CHENIERE ENERGY INC | Energy | 0.5% | $22.2m | 650,774 | 0% | held |
| 38 | TIME WARNER CABLE INC | 0.5% | $20.7m | 185,710 | -85% | reduced | |
| 39 | ASTEX PHARMACEUTICALS INC | 0.5% | $20.7m | 2,443,004 | – | new | |
| 40 | BRE PROPERTIES INC | 0.5% | $20.7m | 406,902 | – | new | |
| 41 | STWD STARWOOD PPTY TR INC | Real Estate | 0.4% | $16.7m | 697,484 | – | new |
| 42 | LIN MEDIA LLC | 0.3% | $11.4m | 563,400 | – | new | |
| 43 | VIVUS INC | 0.2% | $8.5m | 912,706 | 128% | added | |
| 44 | 2362120D SINCLAIR BROADCAST GROUP INC | 0.2% | $6.7m | 200,000 | – | new | |
| 45 | KINDER MORGAN INC DEL | 0.1% | $2.5m | 500,600 | 0% | held | |
| 46 | LONE PINE RES INC | 0.0% | $19.0k | 3,897,100 | 0% | held |
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.