Corvex Management 13F holdings, Q2 2014
Holdings as of June 30, 2014 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 35 US equity positions worth $7.2bn in its Q2 2014 13F filing. The largest position was WMB at 33.9% of the reported book, followed by SIG and FNF. Against the Q1 2014 filing, it opened 7 new positions, added to 11 and reduced 8 among the top 35 holdings.
What did Corvex Management own in Q2 2014? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2014 |
|---|---|---|---|---|---|---|---|
| 1 | WMB WILLIAMS COS INC DEL | Energy | 33.9% | $2.4bn | 41,682,960 | 0% | held |
| 2 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 8.7% | $622.9m | 5,632,411 | 3% | added |
| 3 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 8.4% | $599.0m | 18,285,547 | 0% | held |
| 4 | MONSANTO CO NEW | 6.0% | $430.8m | 3,453,684 | 668% | added | |
| 5 | TW TELECOM INC | 4.3% | $308.8m | 7,660,595 | 0% | held | |
| 6 | ANADARKO PETE CORP | 3.9% | $276.6m | 2,526,580 | 58% | added | |
| 7 | CROWN CASTLE INTL CORP | 3.7% | $266.4m | 3,587,796 | 2% | added | |
| 8 | ACTAVIS PLC | 3.7% | $262.7m | 1,177,813 | 60% | added | |
| 9 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 3.2% | $226.0m | 1,196,213 | – | new |
| 10 | CBS CORP NEW | 2.9% | $207.8m | 3,344,266 | 4% | added | |
| 11 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 2.6% | $185.0m | 3,225,186 | -26% | reduced |
| 12 | LAMAR ADVERTISING CO | 2.6% | $184.9m | 3,488,762 | 175% | added | |
| 13 | COMMONWEALTH REIT | 2.1% | $149.4m | 5,675,250 | 0% | held | |
| 14 | TIME WARNER INC | 1.8% | $130.3m | 1,855,000 | 15% | added | |
| 15 | WALGREEN CO | 1.8% | $126.5m | 1,706,600 | 283% | added | |
| 16 | HCA HCA HOLDINGS INC | Healthcare | 1.5% | $108.4m | 1,922,459 | -53% | reduced |
| 17 | AZN ASTRAZENECA PLC | Healthcare | 1.3% | $92.0m | 1,238,000 | – | new |
| 18 | LEVEL 3 COMMUNICATIONS INC | 1.3% | $91.1m | 2,074,954 | -62% | reduced | |
| 19 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 1.0% | $71.6m | 700,000 | 0% | held |
| 20 | DIRECTV | 1.0% | $68.5m | 805,500 | – | new | |
| 21 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 0.9% | $64.6m | 562,100 | 25% | added |
| 22 | VYX NCR CORP NEW | Technology | 0.8% | $54.6m | 1,557,396 | -12% | reduced |
| 23 | ALLERGAN INC | 0.8% | $53.9m | 318,720 | 31772% | added | |
| 24 | DISH DISH NETWORK CORP | 0.5% | $32.5m | 499,800 | – | new | |
| 25 | EVTC EVERTEC INC | Technology | 0.4% | $30.2m | 1,244,601 | -53% | reduced |
| 26 | ENDO INTL PLC | 0.4% | $26.1m | 372,559 | -21% | reduced | |
| 27 | APD AIR PRODS & CHEMS INC | Basic Materials | 0.4% | $25.7m | 200,000 | – | new |
| 28 | PLATFORM SPECIALTY PRODS COR | 0.2% | $14.7m | 525,000 | -74% | reduced | |
| 29 | GPRE GREEN PLAINS INC | Basic Materials | 0.1% | $5.3m | 160,100 | – | new |
| 30 | TIME INC NEW | 0.1% | $5.2m | 214,998 | – | new | |
| 31 | VIVUS INC | 0.1% | $4.9m | 912,706 | 0% | held | |
| 32 | CROWN CASTLE INTL CORP | 0.0% | $3.6m | 35,000 | 0% | held | |
| 33 | ISTAR FINL INC | 0.0% | $2.6m | 175,771 | -94% | reduced | |
| 34 | ARIAD PHARMACEUTICALS INC | 0.0% | $637.0k | 100,000 | 0% | held | |
| 35 | FAMILY DLR STORES INC | 0.0% | $66.0k | 1,000 | 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.