Corvex Management 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 37 US equity positions worth $7.2bn in its Q3 2014 13F filing. The largest position was WMB at 32.0% of the reported book, followed by SIG and FNF. Against the Q2 2014 filing, it opened 17 new positions, added to 7 and reduced 7 among the top 37 holdings.
What did Corvex Management own in Q3 2014? Top 37 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | WMB WILLIAMS COS INC DEL | Energy | 32.0% | $2.3bn | 41,682,960 | 0% | held |
| 2 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 8.7% | $627.7m | 5,510,911 | -2% | reduced |
| 3 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 7.8% | $561.5m | 20,241,370 | – | new |
| 4 | ANADARKO PETE CORP | 5.2% | $374.1m | 3,688,030 | 46% | added | |
| 5 | MONSANTO CO NEW | 5.2% | $372.2m | 3,308,484 | -4% | reduced | |
| 6 | ACTAVIS PLC | 4.7% | $337.0m | 1,396,803 | 19% | added | |
| 7 | TW TELECOM INC | 4.4% | $318.8m | 7,660,595 | 0% | held | |
| 8 | CROWN CASTLE INTL CORP | 3.9% | $283.3m | 3,518,108 | -2% | reduced | |
| 9 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 3.7% | $263.4m | 1,350,213 | 13% | added |
| 10 | TIME WARNER INC | 3.6% | $262.9m | 3,495,995 | 88% | added | |
| 11 | LAMAR ADVERTISING CO | 2.7% | $193.2m | 3,923,762 | 12% | added | |
| 12 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 2.2% | $157.3m | 1,418,986 | 152% | added |
| 13 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 1.9% | $134.3m | 2,197,029 | -32% | reduced |
| 14 | ALLERGAN INC | 1.9% | $133.6m | 750,000 | 135% | added | |
| 15 | DHR DANAHER CORP DEL | Healthcare | 1.6% | $118.5m | 1,560,000 | – | new |
| 16 | CBS CORP NEW | 1.4% | $101.7m | 1,900,497 | -43% | reduced | |
| 17 | HP5A EQUITY COMWLTH | 1.4% | $101.3m | 3,942,046 | – | new | |
| 18 | B/E AEROSPACE INC | 0.9% | $67.2m | 800,000 | – | new | |
| 19 | OII OCEANEERING INTL INC | Energy | 0.8% | $60.0m | 921,333 | – | new |
| 20 | VYX NCR CORP NEW | Technology | 0.7% | $52.0m | 1,557,396 | 0% | held |
| 21 | CAG CONAGRA FOODS INC | Consumer Defensive | 0.7% | $51.1m | 1,546,555 | – | new |
| 22 | AMAT APPLIED MATLS INC | Technology | 0.6% | $44.4m | 2,054,429 | – | new |
| 23 | E M C CORP MASS | 0.6% | $43.0m | 1,470,000 | – | new | |
| 24 | HUM HUMANA INC | Healthcare | 0.5% | $35.9m | 275,406 | – | new |
| 25 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 0.5% | $33.1m | 298,693 | -57% | reduced |
| 26 | FNF FIDELITY NATIONAL FINANCIAL | 0.5% | $32.9m | 2,389,080 | – | new | |
| 27 | SALIX PHARMACEUTICALS INC | 0.4% | $28.1m | 180,000 | – | new | |
| 28 | SPY SPDR S&P 500 ETF TR | 0.3% | $24.5m | 124,500 | – | new | |
| 29 | RIVERBED TECHNOLOGY INC | 0.3% | $23.0m | 1,239,802 | – | new | |
| 30 | EVTC EVERTEC INC | Technology | 0.3% | $21.1m | 943,000 | -24% | reduced |
| 31 | MCD MCDONALDS CORP | Consumer Cyclical | 0.3% | $19.0m | 200,000 | – | new |
| 32 | TAP MOLSON COORS BREWING CO | Consumer Defensive | 0.2% | $13.4m | 180,000 | – | new |
| 33 | LADR LADDER CAP CORP | Real Estate | 0.1% | $5.5m | 288,486 | – | new |
| 34 | CLOVIS ONCOLOGY INC | 0.1% | $4.2m | 93,586 | – | new | |
| 35 | CROWN CASTLE INTL CORP | 0.1% | $3.7m | 35,000 | 0% | held | |
| 36 | VIVUS INC | 0.0% | $3.5m | 909,970 | -0% | held | |
| 37 | ARIAD PHARMACEUTICALS INC | 0.0% | $540.0k | 100,000 | 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.