Corvex Management 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 16 US equity positions worth $1.1bn in its Q4 2018 13F filing. The largest position was FANG at 30.4% of the reported book, followed by MGM and TMUS. Against the Q3 2018 filing, it opened 5 new positions, added to 3 and reduced 5 among the top 16 holdings.
What did Corvex Management own in Q4 2018? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | FANG DIAMONDBACK ENERGY INC | Energy | 30.4% | $327.1m | 3,528,762 | – | new |
| 2 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 19.0% | $204.5m | 8,428,682 | 116% | added |
| 3 | TMUS T MOBILE US INC | Communication Services | 11.5% | $124.3m | 1,953,630 | 33% | added |
| 4 | NOW SERVICENOW INC | Technology | 10.5% | $113.4m | 636,732 | 27% | added |
| 5 | MSFT MICROSOFT CORP | Technology | 6.4% | $69.2m | 680,900 | -34% | reduced |
| 6 | GOOGL ALPHABET INC | Communication Services | 6.2% | $66.7m | 63,835 | -21% | reduced |
| 7 | ZENDESK INC | 5.0% | $54.1m | 926,248 | – | new | |
| 8 | META FACEBOOK INC | Communication Services | 4.1% | $44.3m | 337,652 | -46% | reduced |
| 9 | QQQ INVESCO QQQ TR | 1.9% | $20.8m | 134,800 | – | new | |
| 10 | MDB MONGODB INC | Technology | 1.8% | $19.5m | 232,657 | -48% | reduced |
| 11 | WAITR HLDGS INC | 1.3% | $13.7m | 1,225,000 | – | new | |
| 12 | GRACE W R & CO DEL NEW | 1.1% | $12.2m | 188,600 | – | new | |
| 13 | MEDICINES CO | 0.4% | $4.3m | 5,000,000 | 0% | held | |
| 14 | FALCON MINERALS CORP | 0.1% | $1.2m | 145,475 | -96% | reduced | |
| 15 | FGL HLDGS | 0.1% | $1.1m | 170,313 | 0% | held | |
| 16 | FALCON MINERALS CORP | 0.0% | $527.0k | 878,024 | 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.