Corvex Management 13F holdings, Q4 2020
Holdings as of December 31, 2020 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 34 US equity positions worth $2.1bn in its Q4 2020 13F filing. The largest position was MGM at 33.8% of the reported book, followed by OPTU and ACTIVISION BLIZZARD INC. Against the Q3 2020 filing, it opened 12 new positions, added to 11 and reduced 6 among the top 34 holdings.
What did Corvex Management own in Q4 2020? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2020 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 33.8% | $710.2m | 22,537,696 | 0% | held |
| 2 | OPTU ALTICE USA INC | Communication Services | 5.6% | $117.6m | 3,104,105 | 4% | added |
| 3 | ACTIVISION BLIZZARD INC | 5.0% | $105.2m | 1,132,636 | 58% | added | |
| 4 | FE FIRSTENERGY CORP | Utilities | 4.9% | $102.6m | 3,352,732 | 180% | added |
| 5 | TMUS T-MOBILE US INC | Communication Services | 4.5% | $94.5m | 700,900 | -25% | reduced |
| 6 | GLD SPDR GOLD TRUST | 4.4% | $91.5m | 513,000 | 0% | held | |
| 7 | AMZN AMAZON COM INC | Consumer Cyclical | 4.2% | $89.2m | 27,380 | 69% | added |
| 8 | EXC EXELON CORP | Utilities | 4.2% | $88.8m | 2,102,999 | -43% | reduced |
| 9 | GOOGL ALPHABET INC | Communication Services | 3.8% | $79.1m | 45,150 | – | new |
| 10 | IAC INTERACTIVECORP NEW | 3.3% | $69.1m | 365,106 | 2% | added | |
| 11 | FISV FISERV INC | 2.8% | $59.2m | 520,000 | – | new | |
| 12 | WDAY WORKDAY INC | Technology | 2.7% | $57.1m | 238,500 | – | new |
| 13 | JPM JPMORGAN CHASE & CO | Financial Services | 2.2% | $46.6m | 366,600 | 40% | added |
| 14 | DIS DISNEY WALT CO | Communication Services | 2.0% | $41.3m | 228,160 | 3% | added |
| 15 | COCA COLA EUROPEAN PARTNERS | 1.8% | $38.6m | 774,897 | – | new | |
| 16 | ADBE ADOBE SYSTEMS INCORPORATED | Technology | 1.8% | $38.1m | 76,148 | 1% | added |
| 17 | AEO AMERICAN EAGLE OUTFITTERS IN | Consumer Cyclical | 1.8% | $38.0m | 1,894,101 | – | new |
| 18 | ZENDESK INC | 1.8% | $37.1m | 259,568 | 1% | added | |
| 19 | NFLX NETFLIX INC | Communication Services | 1.5% | $30.7m | 56,825 | -33% | reduced |
| 20 | LIBERTY MEDIA CORP DEL | 1.1% | $23.5m | 540,916 | – | new | |
| 21 | LIBERTY MEDIA CORP DEL | 1.1% | $22.8m | 527,091 | – | new | |
| 22 | HCA HCA HEALTHCARE INC | Healthcare | 1.0% | $21.4m | 130,000 | 0% | held |
| 23 | GPN GLOBAL PMTS INC | Industrials | 0.8% | $17.7m | 82,000 | – | new |
| 24 | HUM HUMANA INC | Healthcare | 0.7% | $15.0m | 36,670 | -49% | reduced |
| 25 | RADIUS GLOBAL INFRASTRCTRE I | 0.6% | $12.8m | 1,000,000 | – | new | |
| 26 | EVRG EVERGY INC | Utilities | 0.6% | $12.2m | 219,145 | -70% | reduced |
| 27 | BLUESCAPE OPPORTUNITIES ACQU | 0.5% | $11.2m | 1,000,000 | – | new | |
| 28 | LIBERTY MEDIA CORP DEL | 0.5% | $11.1m | 261,500 | 3% | added | |
| 29 | CNP CENTERPOINT ENERGY INC | Utilities | 0.3% | $6.8m | 315,751 | -88% | reduced |
| 30 | STAR PEAK ENERGY TRANSITION | 0.2% | $5.2m | 256,246 | – | new | |
| 31 | LIBERTY MEDIA CORP DEL | 0.2% | $3.8m | 100,000 | 0% | held | |
| 32 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.0% | $1.0m | 5,837 | 71% | added |
| 33 | META FACEBOOK INC | Communication Services | 0.0% | $574.0k | 2,100 | – | new |
| 34 | FALCON MINERALS CORP | 0.0% | $128.0k | 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.