Corvex Management 13F holdings, Q2 2018
Holdings as of June 30, 2018 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 27 US equity positions worth $1.9bn in its Q2 2018 13F filing. The largest position was ENERGEN CORP at 30.1% of the reported book, followed by META and BAC. Against the Q1 2018 filing, it opened 11 new positions, added to 5 and reduced 8 among the top 27 holdings.
What did Corvex Management own in Q2 2018? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2018 |
|---|---|---|---|---|---|---|---|
| 1 | ENERGEN CORP | 30.1% | $561.5m | 7,710,474 | -21% | reduced | |
| 2 | META FACEBOOK INC | Communication Services | 7.1% | $132.1m | 680,000 | -14% | reduced |
| 3 | BAC BANK AMER CORP | Financial Services | 6.9% | $127.9m | 4,537,000 | 28% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 6.6% | $122.8m | 1,245,000 | 5% | added |
| 5 | TMUS T MOBILE US INC | Communication Services | 6.6% | $122.7m | 2,052,865 | 126% | added |
| 6 | NOW SERVICENOW INC | Technology | 6.0% | $112.6m | 653,048 | -20% | reduced |
| 7 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 5.3% | $99.7m | 1,355,517 | -12% | reduced |
| 8 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 4.9% | $91.1m | 3,136,800 | – | new |
| 9 | JBLU JETBLUE AIRWAYS CORP | Industrials | 4.4% | $82.7m | 4,355,421 | 47% | added |
| 10 | GOOGL ALPHABET INC | Communication Services | 3.8% | $70.3m | 62,258 | -39% | reduced |
| 11 | NXPI NXP SEMICONDUCTORS N V | Technology | 2.9% | $54.6m | 500,000 | 300% | added |
| 12 | VNO VORNADO RLTY TR | Real Estate | 2.1% | $38.9m | 526,282 | – | new |
| 13 | MDB MONGODB INC | Technology | 2.1% | $38.7m | 778,774 | – | new |
| 14 | CRM SALESFORCE COM INC | Technology | 1.9% | $35.5m | 260,500 | -58% | reduced |
| 15 | MEDICINES CO | 1.7% | $31.5m | 858,374 | -57% | reduced | |
| 16 | MHK MOHAWK INDS INC | Consumer Cyclical | 1.5% | $27.9m | 130,000 | – | new |
| 17 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 1.5% | $27.6m | 94,000 | – | new |
| 18 | T AT&T INC | Communication Services | 1.0% | $19.3m | 600,000 | – | new |
| 19 | FGL HLDGS | 0.7% | $13.7m | 1,628,635 | -65% | reduced | |
| 20 | LANDCADIA HLDGS INC | 0.7% | $12.4m | 1,225,000 | – | new | |
| 21 | TWENTY FIRST CENTY FOX INC | 0.6% | $11.7m | 235,548 | – | new | |
| 22 | OSPREY ENERGY ACQUISITION CO | 0.6% | $11.0m | 1,000,000 | 0% | held | |
| 23 | CENTURYLINK INC | 0.5% | $9.3m | 497,019 | – | new | |
| 24 | MEDICINES CO | 0.3% | $6.1m | 5,000,000 | 0% | held | |
| 25 | LANDCADIA HLDGS INC | 0.1% | $1.0m | 1,225,000 | – | new | |
| 26 | FGL HLDGS | 0.1% | $1.0m | 833,333 | 0% | held | |
| 27 | PLAINS GP HLDGS L P | 0.0% | $423.0k | 17,693 | – | 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.