Corvex Management 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 21 US equity positions worth $2.4bn in its Q3 2017 13F filing. The largest position was ENERGEN CORP at 22.4% of the reported book, followed by CENTURYLINK INC and ENVISION HEALTHCARE CORP. Against the Q2 2017 filing, it opened 4 new positions, added to 6 and reduced 6 among the top 21 holdings.
What did Corvex Management own in Q3 2017? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | ENERGEN CORP | 22.4% | $535.4m | 9,790,768 | 40% | added | |
| 2 | CENTURYLINK INC | 17.3% | $413.0m | 21,849,476 | 15% | added | |
| 3 | ENVISION HEALTHCARE CORP | 10.6% | $252.3m | 5,612,298 | 512% | added | |
| 4 | NOMD NOMAD FOODS LTD | Consumer Defensive | 8.8% | $210.4m | 14,442,709 | -8% | reduced |
| 5 | GOOGL ALPHABET INC | Communication Services | 8.3% | $198.8m | 204,164 | -11% | reduced |
| 6 | BAC BANK AMER CORP | Financial Services | 7.4% | $177.8m | 7,017,000 | 35% | added |
| 7 | META FACEBOOK INC | Communication Services | 5.9% | $141.7m | 829,000 | 1% | added |
| 8 | CMCSA COMCAST CORP NEW | Communication Services | 3.9% | $94.3m | 2,450,000 | – | new |
| 9 | MEDICINES CO | 3.7% | $89.3m | 2,410,833 | -18% | reduced | |
| 10 | PANDORA MEDIA INC | 3.7% | $87.9m | 11,412,824 | -45% | reduced | |
| 11 | PLAINS GP HLDGS L P | 2.6% | $61.4m | 2,809,624 | 48% | added | |
| 12 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 0.9% | $22.3m | 335,052 | -90% | reduced |
| 13 | TMUS T MOBILE US INC | Communication Services | 0.9% | $20.8m | 337,665 | – | new |
| 14 | JBLU JETBLUE AIRWAYS CORP | Industrials | 0.7% | $17.4m | 941,742 | -70% | reduced |
| 15 | PANDORA MEDIA INC | 0.6% | $14.0m | 15,000,000 | 0% | held | |
| 16 | LANDCADIA HLDGS INC | 0.6% | $13.2m | 1,225,000 | 0% | held | |
| 17 | CF CORP | 0.5% | $11.2m | 1,000,000 | 0% | held | |
| 18 | OSPREY ENERGY ACQUISITION CO | 0.4% | $9.9m | 1,000,000 | – | new | |
| 19 | SPY SPDR S&P 500 ETF TR | 0.4% | $9.5m | 37,821 | – | new | |
| 20 | MEDICINES CO | 0.3% | $6.3m | 5,000,000 | 0% | held | |
| 21 | CF CORP | 0.0% | $1.1m | 500,000 | 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.