Corvex Management 13F holdings, Q1 2015
Holdings as of March 31, 2015 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 35 US equity positions worth $7.5bn in its Q1 2015 13F filing. The largest position was WMB at 28.1% of the reported book, followed by SIG and FNF. Against the Q4 2014 filing, it opened 16 new positions, added to 5 and reduced 8 among the top 35 holdings.
What did Corvex Management own in Q1 2015? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2014 |
|---|---|---|---|---|---|---|---|
| 1 | WMB WILLIAMS COS INC DEL | Energy | 28.1% | $2.1bn | 41,682,960 | 0% | held |
| 2 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 10.6% | $797.5m | 5,745,911 | 4% | added |
| 3 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 9.9% | $744.1m | 20,241,370 | 0% | held |
| 4 | AMERICAN RLTY CAP PPTYS INC | 9.3% | $695.8m | 70,644,429 | 782% | added | |
| 5 | B/E AEROSPACE INC | 5.7% | $423.4m | 6,655,210 | -3% | reduced | |
| 6 | ACTAVIS PLC | 5.3% | $398.8m | 1,339,903 | 5% | added | |
| 7 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 5.0% | $374.5m | 1,605,360 | -10% | reduced |
| 8 | PLATFORM SPECIALTY PRODS COR | 3.1% | $235.1m | 9,161,222 | 43% | added | |
| 9 | TIME WARNER INC | 2.7% | $201.1m | 2,381,000 | -1% | reduced | |
| 10 | LAMR LAMAR ADVERTISING CO NEW | Real Estate | 2.5% | $190.3m | 3,210,437 | -49% | reduced |
| 11 | TAP MOLSON COORS BREWING CO | Consumer Defensive | 1.9% | $145.4m | 1,953,479 | 365% | added |
| 12 | CCI CROWN CASTLE INTL CORP NEW | Real Estate | 1.8% | $133.5m | 1,617,608 | -55% | reduced |
| 13 | ENDO INTL PLC | 1.5% | $113.5m | 1,265,561 | – | new | |
| 14 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 1.4% | $105.2m | 862,530 | -39% | reduced |
| 15 | HP5A EQUITY COMWLTH | 1.4% | $104.7m | 3,942,046 | 0% | held | |
| 16 | AMAT APPLIED MATLS INC | Technology | 1.2% | $90.2m | 4,000,000 | – | new |
| 17 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.1% | $82.0m | 3,898,782 | – | new |
| 18 | DHR DANAHER CORP DEL | Healthcare | 0.9% | $68.9m | 812,000 | -48% | reduced |
| 19 | CIT GROUP INC | 0.9% | $68.5m | 1,517,972 | – | new | |
| 20 | YUM YUM BRANDS INC | Consumer Cyclical | 0.9% | $67.4m | 856,500 | – | new |
| 21 | HUN HUNTSMAN CORP | Basic Materials | 0.9% | $66.1m | 2,981,504 | – | new |
| 22 | VIAB VIACOM INC NEW | 0.8% | $61.4m | 899,191 | – | new | |
| 23 | LEVEL 3 COMMUNICATIONS INC | 0.8% | $58.3m | 1,082,593 | -76% | reduced | |
| 24 | MEDICINES CO | 0.8% | $56.6m | 2,020,403 | – | new | |
| 25 | AXIALL CORP | 0.3% | $25.7m | 548,000 | – | new | |
| 26 | MCD MCDONALDS CORP | Consumer Cyclical | 0.3% | $20.0m | 205,000 | – | new |
| 27 | PANDORA MEDIA INC | 0.2% | $15.8m | 973,607 | – | new | |
| 28 | ACTAVIS PLC | 0.2% | $15.5m | 15,000 | – | new | |
| 29 | CALIFORNIA RES CORP | 0.1% | $9.1m | 1,193,005 | – | new | |
| 30 | COMPUTER SCIENCES CORP | 0.1% | $5.0m | 76,700 | – | new | |
| 31 | CROWN CASTLE INTL CORP NEW | 0.0% | $3.7m | 35,000 | 0% | held | |
| 32 | NORTHSTAR ASSET MGMT GROUP I | 0.0% | $3.0m | 128,700 | 0% | held | |
| 33 | TEKMIRA PHARMACEUTICALS CORP | 0.0% | $2.3m | 131,900 | – | new | |
| 34 | ZAYO GROUP HLDGS INC | 0.0% | $2.0m | 70,457 | – | new | |
| 35 | ARIAD PHARMACEUTICALS INC | 0.0% | $824.0k | 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.