Corvex Management 13F holdings, Q3 2016
Holdings as of September 30, 2016 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 27 US equity positions worth $5.3bn in its Q3 2016 13F filing. The largest position was YUM at 36.0% of the reported book, followed by WMB and SIG. Against the Q2 2016 filing, it opened 8 new positions, added to 7 and reduced 4 among the top 27 holdings.
What did Corvex Management own in Q3 2016? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2016 |
|---|---|---|---|---|---|---|---|
| 1 | YUM YUM BRANDS INC | Consumer Cyclical | 36.0% | $1.9bn | 21,040,195 | 0% | held |
| 2 | WMB WILLIAMS COS INC DEL | Energy | 10.8% | $572.5m | 18,628,954 | -55% | reduced |
| 3 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 9.7% | $515.6m | 6,918,614 | 1% | added |
| 4 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 7.5% | $397.5m | 10,769,364 | -43% | reduced |
| 5 | BALL BALL CORP | Consumer Cyclical | 4.9% | $259.5m | 3,166,186 | -8% | reduced |
| 6 | NOMD NOMAD HLDGS LTD | Consumer Defensive | 3.4% | $182.4m | 15,430,522 | 0% | held |
| 7 | VISN COMMSCOPE HLDG CO INC | Technology | 3.2% | $169.4m | 5,624,914 | 7% | added |
| 8 | PANDORA MEDIA INC | 3.1% | $163.7m | 11,423,142 | 0% | held | |
| 9 | PLATFORM SPECIALTY PRODS COR | 2.9% | $151.4m | 18,674,095 | 29% | added | |
| 10 | JCI JOHNSON CTLS INTL PLC | Industrials | 2.6% | $137.9m | 2,963,352 | – | new |
| 11 | MEDICINES CO | 2.2% | $116.5m | 3,086,803 | 0% | held | |
| 12 | TEAM HEALTH HOLDINGS INC | 1.9% | $101.5m | 3,118,806 | 13% | added | |
| 13 | BIO BIO RAD LABS INC | Healthcare | 1.5% | $79.8m | 487,254 | 0% | held |
| 14 | COCA-COLA EUROPEAN PARTNERS | 1.3% | $70.6m | 1,769,661 | – | new | |
| 15 | B/E AEROSPACE INC | 1.2% | $65.7m | 1,272,522 | -53% | reduced | |
| 16 | JPM JPMORGAN CHASE & CO | Financial Services | 1.2% | $63.3m | 950,750 | – | new |
| 17 | ENVISION HEALTHCARE HLDGS IN | 1.2% | $61.1m | 2,743,462 | 15% | added | |
| 18 | HAIN HAIN CELESTIAL GROUP INC | Consumer Defensive | 1.0% | $51.4m | 1,443,585 | – | new |
| 19 | ZAYO GROUP HLDGS INC | 0.9% | $48.4m | 1,628,775 | 1349% | added | |
| 20 | TMUS T MOBILE US INC | Communication Services | 0.8% | $40.4m | 863,865 | – | new |
| 21 | BAC BANK AMER CORP | Financial Services | 0.7% | $37.1m | 2,370,000 | – | new |
| 22 | CSOD CORNERSTONE ONDEMAND INC | 0.7% | $34.6m | 753,933 | – | new | |
| 23 | MPC MARATHON PETE CORP | Energy | 0.5% | $28.4m | 700,000 | 21% | added |
| 24 | BIIB BIOGEN INC | Healthcare | 0.3% | $16.3m | 52,000 | – | new |
| 25 | LANDCADIA HLDGS INC | 0.2% | $12.6m | 1,225,000 | 0% | held | |
| 26 | CF CORP | 0.2% | $10.2m | 1,000,000 | 0% | held | |
| 27 | MEDICINES CO | 0.1% | $6.5m | 5,000,000 | 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.