Corvex Management 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 31 US equity positions worth $1.7bn in its Q1 2023 13F filing. The largest position was MDU at 18.6% of the reported book, followed by MGM and FMX. Against the Q4 2022 filing, it opened 6 new positions, added to 5 and reduced 6 among the top 31 holdings.
What did Corvex Management own in Q1 2023? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | MDU MDU RES GROUP INC | Utilities | 18.6% | $309.3m | 10,147,041 | 0% | held |
| 2 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 17.8% | $296.4m | 6,673,778 | 0% | held |
| 3 | FMX FOMENTO ECONOMICO MEXICANO S | 10.1% | $167.6m | 1,760,655 | -30% | reduced | |
| 4 | CEG CONSTELLATION ENERGY CORP | Utilities | 8.7% | $144.1m | 1,835,162 | 42% | added |
| 5 | CRC CALIFORNIA RES CORP | Energy | 6.0% | $100.3m | 2,604,166 | -15% | reduced |
| 6 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 6.0% | $99.9m | 11,898,567 | – | new |
| 7 | AES AES CORP | Utilities | 5.8% | $96.3m | 3,999,584 | -4% | reduced |
| 8 | CSX CSX CORP | Industrials | 3.5% | $58.5m | 1,953,268 | 142% | added |
| 9 | SWX SOUTHWEST GAS HLDGS INC | Utilities | 3.4% | $57.0m | 912,789 | 2317% | added |
| 10 | COCA-COLA EUROPACIFIC PARTNE | 2.8% | $47.3m | 799,325 | 0% | held | |
| 11 | 0C3 ENDEAVOR GROUP HLDGS INC | 2.7% | $44.9m | 1,878,346 | – | new | |
| 12 | PPLI IAC INC | Communication Services | 2.7% | $44.9m | 870,155 | 0% | held |
| 13 | WGS GENEDX HOLDINGS CORP | 1.9% | $31.7m | 86,811,516 | 849% | added | |
| 14 | LIBERTY MEDIA CORP DEL | 1.6% | $26.2m | 932,955 | 0% | held | |
| 15 | UBER UBER TECHNOLOGIES INC | Technology | 1.4% | $22.7m | 715,000 | – | new |
| 16 | LIBERTY MEDIA CORP DEL | 1.2% | $20.6m | 736,519 | 0% | held | |
| 17 | GOOGL ALPHABET INC | Communication Services | 1.1% | $18.8m | 181,480 | -68% | reduced |
| 18 | MSFT MICROSOFT CORP | Technology | 1.1% | $17.6m | 61,107 | -83% | reduced |
| 19 | MTN VAIL RESORTS INC | Consumer Cyclical | 0.9% | $15.1m | 64,624 | – | new |
| 20 | AMZN AMAZON COM INC | Consumer Cyclical | 0.8% | $13.1m | 126,929 | – | new |
| 21 | LIFE STORAGE INC | 0.7% | $11.3m | 86,474 | – | new | |
| 22 | SKYDECK ACQUISITION CORP | 0.6% | $10.0m | 980,000 | 0% | held | |
| 23 | CRM SALESFORCE INC | Technology | 0.3% | $4.7m | 23,432 | -34% | reduced |
| 24 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.2% | $3.5m | 864,335 | 137% | added |
| 25 | BOOT BOOT BARN HLDGS INC | Consumer Cyclical | 0.1% | $2.2m | 28,392 | 0% | held |
| 26 | EQRX INC | 0.0% | $204.1k | 105,200 | 0% | held | |
| 27 | SOMALOGIC INC | 0.0% | $102.0k | 40,000 | 0% | held | |
| 28 | BLUESCAPE OPPORTUNITIES ACQU | 0.0% | $75.0k | 499,999 | 0% | held | |
| 29 | EG ACQUISITION CORP | 0.0% | $35.1k | 200,832 | 0% | held | |
| 30 | SITIO ROYALTIES CORP | 0.0% | $34.2k | 878,024 | 0% | held | |
| 31 | SKYDECK ACQUISITION CORP | 0.0% | $10.6k | 326,666 | 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.