Corvex Management 13F holdings, Q1 2021
Holdings as of March 31, 2021 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 44 US equity positions worth $2.0bn in its Q1 2021 13F filing. The largest position was MGM at 29.6% of the reported book, followed by EXC and TMUS. Against the Q4 2020 filing, it opened 20 new positions, added to 9 and reduced 5 among the top 44 holdings.
What did Corvex Management own in Q1 2021? Top 44 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2020 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 29.6% | $595.4m | 15,673,778 | -30% | reduced |
| 2 | EXC EXELON CORP | Utilities | 8.4% | $168.3m | 3,847,161 | 83% | added |
| 3 | TMUS T-MOBILE US INC | Communication Services | 8.0% | $160.2m | 1,278,300 | 82% | added |
| 4 | GOOGL ALPHABET INC | Communication Services | 7.5% | $151.3m | 73,345 | 62% | added |
| 5 | AMZN AMAZON COM INC | Consumer Cyclical | 6.8% | $137.6m | 44,458 | 62% | added |
| 6 | OPTU ALTICE USA INC | Communication Services | 5.7% | $114.3m | 3,513,905 | 13% | added |
| 7 | MSFT MICROSOFT CORP | Technology | 5.3% | $106.3m | 450,667 | – | new |
| 8 | COCA COLA EUROPEAN PARTNERS | 4.7% | $93.7m | 1,797,113 | 132% | added | |
| 9 | JPM JPMORGAN CHASE & CO | Financial Services | 3.2% | $64.2m | 421,600 | 15% | added |
| 10 | FISV FISERV INC | 3.1% | $61.9m | 520,000 | 0% | held | |
| 11 | LIBERTY MEDIA CORP DEL | 2.2% | $44.7m | 1,012,602 | 87% | added | |
| 12 | DIS DISNEY WALT CO | Communication Services | 2.1% | $42.1m | 228,160 | 0% | held |
| 13 | LIBERTY MEDIA CORP DEL | 1.7% | $33.5m | 758,914 | 44% | added | |
| 14 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 1.4% | $28.7m | 167,000 | – | new |
| 15 | ACTIVISION BLIZZARD INC | 1.3% | $26.6m | 286,136 | -75% | reduced | |
| 16 | GLD SPDR GOLD TR | 0.9% | $18.6m | 116,000 | -77% | reduced | |
| 17 | FE FIRSTENERGY CORP | Utilities | 0.9% | $17.2m | 495,790 | -85% | reduced |
| 18 | GPN GLOBAL PMTS INC | Industrials | 0.8% | $16.5m | 82,000 | 0% | held |
| 19 | RADIUS GLOBAL INFRASTRCTRE I | 0.7% | $14.7m | 1,000,000 | 0% | held | |
| 20 | BLMN BLOOMIN BRANDS INC | Consumer Cyclical | 0.6% | $12.4m | 457,230 | – | new |
| 21 | LIBERTY MEDIA CORP DEL | 0.6% | $11.3m | 261,500 | 0% | held | |
| 22 | BLUESCAPE OPPORTUNITIES ACQU | 0.5% | $10.7m | 1,000,000 | 0% | held | |
| 23 | AJAX I | 0.5% | $10.3m | 1,000,000 | – | new | |
| 24 | LONGVIEW ACQUISITION CORP II | 0.5% | $10.0m | 1,000,000 | – | new | |
| 25 | CAPITOL INVESTMENT CORP V | 0.3% | $6.7m | 664,800 | – | new | |
| 26 | HORIZON ACQUISITION CORPORAT | 0.3% | $6.7m | 652,272 | – | new | |
| 27 | TAILWIND ACQUISITION CORP | 0.3% | $6.4m | 650,000 | – | new | |
| 28 | ARTIUS ACQUISITION INC | 0.3% | $5.1m | 506,705 | – | new | |
| 29 | HUDSON EXECUTIVE INVT CORP | 0.2% | $5.0m | 500,000 | – | new | |
| 30 | FORUM MERGER III CORP | 0.2% | $4.8m | 483,202 | – | new | |
| 31 | NFLX NETFLIX INC | Communication Services | 0.2% | $4.7m | 9,046 | -84% | reduced |
| 32 | ACIES ACQUISITION CORP | 0.2% | $4.3m | 433,819 | – | new | |
| 33 | ARYA SCIENCES ACQU CORP IV | 0.2% | $4.2m | 400,000 | – | new | |
| 34 | LIBERTY MEDIA CORP DEL | 0.2% | $3.8m | 100,000 | 0% | held | |
| 35 | VG ACQUISITION CORP | 0.1% | $2.6m | 259,884 | – | new | |
| 36 | CF FIN ACQUISITION CORP III | 0.1% | $2.5m | 250,000 | – | new | |
| 37 | ALTIMAR ACQUISITION CORP | 0.1% | $1.9m | 191,063 | – | new | |
| 38 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.1% | $1.1m | 5,837 | 0% | held |
| 39 | 0VVB VIACOMCBS INC | 0.0% | $762.0k | 16,900 | – | new | |
| 40 | META FACEBOOK INC | Communication Services | 0.0% | $619.0k | 2,100 | 0% | held |
| 41 | FALCON CAPITAL ACQUISITN COR | 0.0% | $617.0k | 61,928 | – | new | |
| 42 | XME SPDR SER TR | 0.0% | $539.0k | 13,500 | – | new | |
| 43 | ASCENDANT DIGITAL ACQUISITIO | 0.0% | $489.0k | 49,386 | – | new | |
| 44 | FALCON MINERALS CORP | 0.0% | $213.0k | 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.