Corvex Management 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 24 US equity positions worth $1.8bn in its Q1 2018 13F filing. The largest position was ENERGEN CORP at 34.4% of the reported book, followed by NOW and META. Against the Q4 2017 filing, it opened 7 new positions, added to 3 and reduced 7 among the top 24 holdings.
What did Corvex Management own in Q1 2018? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | ENERGEN CORP | 34.4% | $610.4m | 9,710,474 | 0% | held | |
| 2 | NOW SERVICENOW INC | Technology | 7.6% | $135.8m | 821,048 | – | new |
| 3 | META FACEBOOK INC | Communication Services | 7.1% | $125.9m | 788,000 | -12% | reduced |
| 4 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 6.3% | $111.1m | 1,532,204 | – | new |
| 5 | MSFT MICROSOFT CORP | Technology | 6.1% | $108.6m | 1,190,000 | – | new |
| 6 | BAC BANK AMER CORP | Financial Services | 6.0% | $106.4m | 3,547,000 | -49% | reduced |
| 7 | GOOGL ALPHABET INC | Communication Services | 6.0% | $105.7m | 101,958 | -36% | reduced |
| 8 | CRM SALESFORCE COM INC | Technology | 4.1% | $72.8m | 626,000 | – | new |
| 9 | MEDICINES CO | 3.7% | $65.5m | 1,988,779 | -18% | reduced | |
| 10 | JBLU JETBLUE AIRWAYS CORP | Industrials | 3.4% | $60.0m | 2,954,450 | 18% | added |
| 11 | TMUS T MOBILE US INC | Communication Services | 3.1% | $55.4m | 907,665 | 69% | added |
| 12 | FGL HLDGS | 2.7% | $47.4m | 4,669,274 | -2% | reduced | |
| 13 | MONSANTO CO NEW | 2.6% | $46.7m | 400,000 | – | new | |
| 14 | TIME WARNER INC | 2.3% | $40.5m | 427,802 | -3% | reduced | |
| 15 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.8% | $15.1m | 82,000 | 0% | held |
| 16 | NXPI NXP SEMICONDUCTORS N V | Technology | 0.8% | $14.6m | 125,000 | 51% | added |
| 17 | LANDCADIA HLDGS INC | 0.7% | $13.2m | 1,225,000 | 0% | held | |
| 18 | ENVISION HEALTHCARE CORP | 0.7% | $13.2m | 342,927 | -93% | reduced | |
| 19 | OSPREY ENERGY ACQUISITION CO | 0.6% | $10.1m | 1,000,000 | 0% | held | |
| 20 | MEDICINES CO | 0.3% | $5.8m | 5,000,000 | 0% | held | |
| 21 | DR PEPPER SNAPPLE GROUP INC | 0.3% | $5.0m | 41,832 | – | new | |
| 22 | ALTABA INC | 0.2% | $3.9m | 53,000 | 0% | held | |
| 23 | IQ IQIYI INC | Communication Services | 0.1% | $2.3m | 150,000 | – | new |
| 24 | FGL HLDGS | 0.1% | $1.5m | 833,333 | 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.