Corvex Management 13F holdings, Q4 2015
Holdings as of December 31, 2015 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 24 US equity positions worth $6.8bn in its Q4 2015 13F filing. The largest position was YUM at 22.5% of the reported book, followed by WMB and SIG. Against the Q3 2015 filing, it opened 8 new positions, added to 3 and reduced 7 among the top 24 holdings.
What did Corvex Management own in Q4 2015? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2015 |
|---|---|---|---|---|---|---|---|
| 1 | YUM YUM BRANDS INC | Consumer Cyclical | 22.5% | $1.5bn | 21,040,195 | 5% | added |
| 2 | WMB WILLIAMS COS INC DEL | Energy | 15.7% | $1.1bn | 41,682,960 | 0% | held |
| 3 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 10.2% | $696.3m | 5,629,153 | 11% | added |
| 4 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 9.6% | $654.5m | 18,877,033 | -3% | reduced |
| 5 | VEREIT INC | 9.3% | $633.0m | 79,919,153 | -1% | reduced | |
| 6 | GOOGL ALPHABET INC | Communication Services | 8.6% | $583.5m | 750,000 | – | new |
| 7 | PFE PFIZER INC | Healthcare | 5.9% | $400.7m | 12,414,348 | 3850% | added |
| 8 | ALLERGAN PLC | 3.3% | $224.7m | 719,060 | -64% | reduced | |
| 9 | BALL BALL CORP | Consumer Cyclical | 2.5% | $171.3m | 2,355,691 | -14% | reduced |
| 10 | BAC BANK AMER CORP | Financial Services | 2.3% | $158.2m | 9,401,500 | – | new |
| 11 | MEDICINES CO | 1.7% | $115.3m | 3,086,803 | 0% | held | |
| 12 | HP5A EQUITY COMWLTH | 1.6% | $109.3m | 3,942,046 | 0% | held | |
| 13 | VISN COMMSCOPE HLDG CO INC | Technology | 1.5% | $102.3m | 3,951,927 | – | new |
| 14 | AN AUTONATION INC | Consumer Cyclical | 1.4% | $96.3m | 1,613,687 | 0% | held |
| 15 | CMA COMERICA INC | 1.0% | $71.2m | 1,702,278 | – | new | |
| 16 | PANDORA MEDIA INC | 0.9% | $64.1m | 4,779,217 | – | new | |
| 17 | CFG CITIZENS FINL GROUP INC | Financial Services | 0.6% | $43.5m | 1,659,430 | – | new |
| 18 | KMI KINDER MORGAN INC DEL | Energy | 0.5% | $34.5m | 2,314,408 | – | new |
| 19 | PLATFORM SPECIALTY PRODS COR | 0.4% | $25.3m | 1,974,470 | -84% | reduced | |
| 20 | ALLERGAN PLC | 0.2% | $15.4m | 15,000 | 0% | held | |
| 21 | B/E AEROSPACE INC | 0.1% | $7.0m | 164,375 | -98% | reduced | |
| 22 | KANSAS CITY SOUTHERN | 0.0% | $2.1m | 28,148 | – | new | |
| 23 | TIME WARNER INC | 0.0% | $824.0k | 12,740 | -100% | reduced | |
| 24 | ARIAD PHARMACEUTICALS INC | 0.0% | $625.0k | 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.