Corvex Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 25 US equity positions worth $1.9bn in its Q3 2018 13F filing. The largest position was ENERGEN CORP at 31.4% of the reported book, followed by MHK and MSFT. Against the Q2 2018 filing, it opened 5 new positions, added to 3 and reduced 13 among the top 25 holdings.
What did Corvex Management own in Q3 2018? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | ENERGEN CORP | 31.4% | $594.8m | 6,902,518 | -10% | reduced | |
| 2 | MHK MOHAWK INDS INC | Consumer Cyclical | 7.7% | $146.7m | 836,374 | 543% | added |
| 3 | MSFT MICROSOFT CORP | Technology | 6.3% | $118.6m | 1,036,900 | -17% | reduced |
| 4 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 5.7% | $108.9m | 3,902,100 | 24% | added |
| 5 | META FACEBOOK INC | Communication Services | 5.5% | $103.8m | 631,000 | -7% | reduced |
| 6 | TMUS T MOBILE US INC | Communication Services | 5.4% | $103.1m | 1,469,330 | -28% | reduced |
| 7 | NOW SERVICENOW INC | Technology | 5.2% | $98.2m | 502,056 | -23% | reduced |
| 8 | GOOGL ALPHABET INC | Communication Services | 5.2% | $97.8m | 81,035 | 30% | added |
| 9 | BAC BANK AMER CORP | Financial Services | 4.8% | $90.8m | 3,081,300 | -32% | reduced |
| 10 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 4.4% | $82.5m | 1,102,204 | -19% | reduced |
| 11 | DLTR DOLLAR TREE INC | Consumer Defensive | 3.9% | $74.3m | 911,304 | – | new |
| 12 | JBLU JETBLUE AIRWAYS CORP | Industrials | 3.2% | $60.1m | 3,102,898 | -29% | reduced |
| 13 | FALCON MINERALS CORP | 2.1% | $39.9m | 3,626,109 | – | new | |
| 14 | VMC VULCAN MATLS CO | Basic Materials | 2.1% | $39.8m | 357,746 | – | new |
| 15 | MDB MONGODB INC | Technology | 1.9% | $36.3m | 445,357 | -43% | reduced |
| 16 | NXPI NXP SEMICONDUCTORS N V | Technology | 1.8% | $34.2m | 400,000 | -20% | reduced |
| 17 | MEDICINES CO | 0.9% | $16.6m | 556,179 | -35% | reduced | |
| 18 | STARS GROUP INC | 0.7% | $14.0m | 560,320 | – | new | |
| 19 | LANDCADIA HLDGS INC | 0.7% | $13.3m | 1,225,000 | 0% | held | |
| 20 | VNO VORNADO RLTY TR | Real Estate | 0.5% | $10.2m | 139,594 | -73% | reduced |
| 21 | MEDICINES CO | 0.3% | $5.4m | 5,000,000 | 0% | held | |
| 22 | FGL HLDGS | 0.1% | $1.6m | 833,333 | 0% | held | |
| 23 | FGL HLDGS | 0.1% | $1.5m | 170,313 | -90% | reduced | |
| 24 | FALCON MINERALS CORP | 0.1% | $1.5m | 878,024 | – | new | |
| 25 | LANDCADIA HLDGS INC | 0.1% | $1.5m | 1,225,000 | 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.