Corvex Management 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 13 US equity positions worth $1.4bn in its Q4 2019 13F filing. The largest position was MGM at 50.1% of the reported book, followed by FANG and MSGS. Against the Q3 2019 filing, it opened 1 new position, added to 3 and reduced 6 among the top 13 holdings.
What did Corvex Management own in Q4 2019? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 50.1% | $696.6m | 20,937,696 | 2% | added |
| 2 | FANG DIAMONDBACK ENERGY INC | Energy | 10.3% | $142.8m | 1,537,491 | -48% | reduced |
| 3 | MSGS MADISON SQUARE GARDEN CO NEW | Communication Services | 8.5% | $118.6m | 403,223 | -1% | reduced |
| 4 | FORESCOUT TECHNOLOGIES INC | 7.9% | $109.7m | 3,344,133 | 104% | added | |
| 5 | ADBE ADOBE INC | Technology | 5.8% | $80.6m | 244,533 | 0% | held |
| 6 | ZENDESK INC | 5.2% | $71.9m | 938,518 | -7% | reduced | |
| 7 | RAYTHEON CO | 3.8% | $53.0m | 241,256 | 0% | held | |
| 8 | OPTU ALTICE USA INC | Communication Services | 3.1% | $43.7m | 1,600,000 | – | new |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 2.6% | $36.4m | 19,700 | -44% | reduced |
| 10 | TMUS T MOBILE US INC | Communication Services | 1.2% | $16.2m | 206,534 | -76% | reduced |
| 11 | FALCON MINERALS CORP | 1.0% | $13.3m | 1,890,317 | 1203% | added | |
| 12 | TWLO TWILIO INC | Technology | 0.5% | $6.4m | 64,732 | -74% | reduced |
| 13 | FALCON MINERALS CORP | 0.0% | $263.0k | 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.