Corvex Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 26 US equity positions worth $1.5bn in its Q2 2019 13F filing. The largest position was MGM at 38.4% of the reported book, followed by FANG and TMUS. Against the Q1 2019 filing, it opened 11 new positions, added to 4 and reduced 6 among the top 26 holdings.
What did Corvex Management own in Q2 2019? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 38.4% | $587.5m | 20,563,696 | 31% | added |
| 2 | FANG DIAMONDBACK ENERGY INC | Energy | 20.9% | $319.9m | 2,935,307 | 11% | added |
| 3 | TMUS T MOBILE US INC | Communication Services | 7.0% | $107.4m | 1,449,234 | -19% | reduced |
| 4 | CNC CENTENE CORP DEL | Healthcare | 4.8% | $73.1m | 1,393,194 | – | new |
| 5 | NFLX NETFLIX INC | Communication Services | 3.4% | $51.4m | 140,000 | – | new |
| 6 | ADBE ADOBE INC | Technology | 3.4% | $51.4m | 174,407 | -35% | reduced |
| 7 | AMZN AMAZON COM INC | Consumer Cyclical | 3.2% | $48.7m | 25,700 | -3% | reduced |
| 8 | RATTLER MIDSTREAM LP | 2.7% | $40.7m | 2,100,000 | – | new | |
| 9 | ALTERYX INC | 2.3% | $35.8m | 328,000 | – | new | |
| 10 | DIS DISNEY WALT CO | Communication Services | 2.2% | $33.0m | 236,502 | -44% | reduced |
| 11 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 1.6% | $24.3m | 234,500 | 0% | held |
| 12 | TSS TOTAL SYS SVCS INC | 1.5% | $23.1m | 180,000 | – | new | |
| 13 | MSGS MADISON SQUARE GARDEN CO NEW | Communication Services | 1.3% | $19.7m | 70,540 | 21% | added |
| 14 | FORESCOUT TECHNOLOGIES INC | 1.1% | $16.4m | 485,700 | – | new | |
| 15 | CMCSA COMCAST CORP NEW | Communication Services | 1.0% | $15.2m | 360,613 | -27% | reduced |
| 16 | WORK SLACK TECHNOLOGIES INC | 1.0% | $15.0m | 400,000 | – | new | |
| 17 | WAITR HLDGS INC | 0.9% | $14.5m | 2,303,578 | 59% | added | |
| 18 | WELLCARE HEALTH PLANS INC | 0.9% | $14.3m | 50,000 | – | new | |
| 19 | ANADARKO PETE CORP | 0.9% | $14.1m | 200,000 | – | new | |
| 20 | PACK RANPAK HLDGS CORP | 0.4% | $6.6m | 750,000 | – | new | |
| 21 | MEDICINES CO | 0.4% | $6.0m | 5,000,000 | 0% | held | |
| 22 | GPN GLOBAL PMTS INC | Industrials | 0.4% | $5.9m | 36,800 | – | new |
| 23 | META FACEBOOK INC | Communication Services | 0.2% | $3.5m | 18,000 | -62% | reduced |
| 24 | FGL HLDGS | 0.1% | $1.4m | 170,313 | 0% | held | |
| 25 | FALCON MINERALS CORP | 0.1% | $1.2m | 145,475 | 0% | held | |
| 26 | FALCON MINERALS CORP | 0.1% | $834.0k | 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.