Corvex Management 13F holdings, Q2 2023
Holdings as of June 30, 2023 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 31 US equity positions worth $1.8bn in its Q2 2023 13F filing. The largest position was MGM at 15.6% of the reported book, followed by CATALENT INC and MDU. Against the Q1 2023 filing, it opened 8 new positions, added to 1 and reduced 9 among the top 31 holdings.
What did Corvex Management own in Q2 2023? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2023 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 15.6% | $282.1m | 6,423,778 | -4% | reduced |
| 2 | CATALENT INC | 13.6% | $245.9m | 5,670,297 | – | new | |
| 3 | MDU MDU RES GROUP INC | Utilities | 11.8% | $212.5m | 10,147,041 | 0% | held |
| 4 | FMX FOMENTO ECONOMICO MEXICANO S | 7.6% | $137.6m | 1,241,675 | -29% | reduced | |
| 5 | SWX SOUTHWEST GAS HLDGS INC | Utilities | 7.3% | $131.1m | 2,060,072 | 126% | added |
| 6 | KNF KNIFE RIVER CORP | Basic Materials | 6.1% | $110.3m | 2,536,755 | – | new |
| 7 | CEG CONSTELLATION ENERGY CORP | Utilities | 3.7% | $67.7m | 740,000 | -60% | reduced |
| 8 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 3.7% | $67.5m | 8,169,499 | -31% | reduced |
| 9 | CSX CSX CORP | Industrials | 3.7% | $66.6m | 1,953,268 | 0% | held |
| 10 | PPLI IAC INC | Communication Services | 3.0% | $54.6m | 870,155 | 0% | held |
| 11 | ACTIVISION BLIZZARD INC | 2.9% | $52.0m | 616,400 | – | new | |
| 12 | COCA-COLA EUROPACIFIC PARTNE | 2.8% | $51.5m | 799,325 | 0% | held | |
| 13 | AES AES CORP | Utilities | 2.7% | $49.6m | 2,394,584 | -40% | reduced |
| 14 | ADBE ADOBE SYSTEMS INCORPORATED | Technology | 2.6% | $46.9m | 96,000 | – | new |
| 15 | KKR KKR & CO INC | Financial Services | 1.9% | $34.0m | 607,419 | – | new |
| 16 | LIBERTY MEDIA CORP DEL | 1.7% | $30.6m | 932,955 | 0% | held | |
| 17 | UBER UBER TECHNOLOGIES INC | Technology | 1.6% | $29.8m | 690,080 | -3% | reduced |
| 18 | WORLD WRESTLING ENTMT INC | 1.6% | $28.3m | 260,926 | – | new | |
| 19 | LIBERTY MEDIA CORP DEL | 1.3% | $24.1m | 736,519 | 0% | held | |
| 20 | GOOGL ALPHABET INC | Communication Services | 1.2% | $21.7m | 181,480 | 0% | held |
| 21 | WGS GENEDX HOLDINGS CORP | Healthcare | 1.1% | $19.7m | 3,307,523 | – | new |
| 22 | MSFT MICROSOFT CORP | Technology | 1.1% | $19.1m | 55,961 | -8% | reduced |
| 23 | AMZN AMAZON COM INC | Consumer Cyclical | 0.9% | $16.5m | 126,929 | 0% | held |
| 24 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.2% | $3.2m | 864,335 | 0% | held |
| 25 | BOOT BOOT BARN HLDGS INC | Consumer Cyclical | 0.1% | $1.8m | 20,892 | -26% | reduced |
| 26 | DLR DIGITAL RLTY TR INC | Real Estate | 0.1% | $1.3m | 11,000 | – | new |
| 27 | CRM SALESFORCE INC | Technology | 0.0% | $640.5k | 3,032 | -87% | reduced |
| 28 | EQRX INC | 0.0% | $195.7k | 105,200 | 0% | held | |
| 29 | SOMALOGIC INC | 0.0% | $92.4k | 40,000 | 0% | held | |
| 30 | EG ACQUISITION CORP | 0.0% | $61.1k | 200,832 | 0% | held | |
| 31 | BLUESCAPE OPPORTUNITIES ACQU | 0.0% | $27.0k | 499,999 | 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.