Corvex Management 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 20 US equity positions worth $6.0bn in its Q1 2016 13F filing. The largest position was YUM at 28.7% of the reported book, followed by SIG and WMB. Against the Q4 2015 filing, it opened 5 new positions, added to 7 and reduced 3 among the top 20 holdings.
What did Corvex Management own in Q1 2016? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | YUM YUM BRANDS INC | Consumer Cyclical | 28.7% | $1.7bn | 21,040,195 | 0% | held |
| 2 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 12.2% | $735.9m | 5,933,531 | 5% | added |
| 3 | WMB WILLIAMS COS INC DEL | Energy | 11.1% | $669.8m | 41,682,960 | 0% | held |
| 4 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 10.8% | $648.4m | 19,127,033 | 1% | added |
| 5 | PFE PFIZER INC | Healthcare | 8.7% | $519.9m | 17,539,104 | 41% | added |
| 6 | VEREIT INC | 6.5% | $390.0m | 43,963,989 | -45% | reduced | |
| 7 | GOOGL ALPHABET INC | Communication Services | 4.6% | $274.9m | 360,400 | -52% | reduced |
| 8 | BALL BALL CORP | Consumer Cyclical | 3.0% | $182.2m | 2,555,957 | 9% | added |
| 9 | VISN COMMSCOPE HLDG CO INC | Technology | 2.3% | $139.8m | 5,008,258 | 27% | added |
| 10 | NOMD NOMAD HLDGS LTD | Consumer Defensive | 2.3% | $137.4m | 15,255,146 | – | new |
| 11 | PLATFORM SPECIALTY PRODS COR | 2.1% | $124.1m | 14,431,671 | 631% | added | |
| 12 | HP5A EQUITY COMWLTH | 1.9% | $111.2m | 3,942,046 | 0% | held | |
| 13 | MEDICINES CO | 1.6% | $98.1m | 3,086,803 | 0% | held | |
| 14 | PANDORA MEDIA INC | 1.5% | $88.8m | 9,923,142 | 108% | added | |
| 15 | TEAM HEALTH HOLDINGS INC | 1.0% | $62.6m | 1,498,412 | – | new | |
| 16 | VALEANT PHARMACEUTICALS INTL | 0.9% | $52.8m | 2,008,510 | – | new | |
| 17 | ALLERGAN PLC | 0.5% | $28.7m | 107,221 | -85% | reduced | |
| 18 | ALLERGAN PLC | 0.2% | $13.7m | 15,000 | 0% | held | |
| 19 | MEDICINES CO | 0.1% | $5.7m | 5,000,000 | – | new | |
| 20 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 0.0% | $1.5m | 50,000 | – | new |
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.