Corvex Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 34 US equity positions worth $1.8bn in its Q3 2023 13F filing. The largest position was MGM at 13.4% of the reported book, followed by SWX and MDU. Against the Q2 2023 filing, it opened 11 new positions, added to 9 and reduced 3 among the top 34 holdings.
What did Corvex Management own in Q3 2023? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 13.4% | $236.1m | 6,423,778 | 0% | held |
| 2 | SWX SOUTHWEST GAS HLDGS INC | Utilities | 11.8% | $207.3m | 3,431,023 | 67% | added |
| 3 | MDU MDU RES GROUP INC | Utilities | 11.3% | $198.7m | 10,147,041 | 0% | held |
| 4 | KNF KNIFE RIVER CORP | Basic Materials | 7.0% | $123.9m | 2,536,755 | 0% | held |
| 5 | 0C3 ENDEAVOR GROUP HLDGS INC | 5.6% | $98.5m | 4,951,105 | – | new | |
| 6 | FMX FOMENTO ECONOMICO MEXICANO S | 5.4% | $95.8m | 877,606 | -29% | reduced | |
| 7 | CSX CSX CORP | Industrials | 4.1% | $72.8m | 2,366,268 | 21% | added |
| 8 | UBER UBER TECHNOLOGIES INC | Technology | 3.9% | $68.4m | 1,488,302 | 116% | added |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 3.7% | $65.2m | 512,629 | 304% | added |
| 10 | PPLI IAC INC | Communication Services | 3.6% | $63.8m | 1,266,517 | 46% | added |
| 11 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 3.5% | $61.5m | 10,381,899 | 27% | added |
| 12 | MSFT MICROSOFT CORP | Technology | 3.1% | $54.8m | 173,661 | 210% | added |
| 13 | COCA-COLA EUROPACIFIC PARTNE | 2.8% | $49.9m | 799,325 | 0% | held | |
| 14 | LIBERTY MEDIA CORP DEL | 2.8% | $49.7m | 1,558,332 | – | new | |
| 15 | ADBE ADOBE INC | Technology | 2.7% | $46.8m | 91,760 | -4% | reduced |
| 16 | KKR KKR & CO INC | Financial Services | 2.6% | $46.2m | 749,582 | 23% | added |
| 17 | LIBERTY MEDIA CORP DEL | 2.5% | $44.2m | 1,737,568 | – | new | |
| 18 | TKO TKO GROUP HOLDINGS INC | Communication Services | 2.4% | $42.1m | 501,396 | – | new |
| 19 | KOF COCA-COLA FEMSA SAB DE CV | 2.1% | $36.4m | 464,160 | – | new | |
| 20 | LIBERTY MEDIA CORP DEL | 1.7% | $29.7m | 925,378 | – | new | |
| 21 | LIBERTY MEDIA CORP DEL | 1.5% | $26.3m | 1,034,519 | – | new | |
| 22 | GOOGL ALPHABET INC | Communication Services | 1.4% | $24.5m | 187,180 | 3% | added |
| 23 | WGS GENEDX HOLDINGS CORP | Healthcare | 0.7% | $12.0m | 3,307,523 | 0% | held |
| 24 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.2% | $2.7m | 864,335 | 0% | held |
| 25 | BOOT BOOT BARN HLDGS INC | Consumer Cyclical | 0.1% | $1.2m | 14,921 | -29% | reduced |
| 26 | META META PLATFORMS INC | Communication Services | 0.0% | $720.5k | 2,400 | – | new |
| 27 | TSLA TESLA INC | Consumer Cyclical | 0.0% | $713.1k | 2,850 | – | new |
| 28 | NVDA NVIDIA CORPORATION | Technology | 0.0% | $706.9k | 1,625 | – | new |
| 29 | AAPL APPLE INC | Technology | 0.0% | $667.7k | 3,900 | – | new |
| 30 | CRM SALESFORCE INC | Technology | 0.0% | $614.8k | 3,032 | 0% | held |
| 31 | EQRX INC | 0.0% | $233.5k | 105,200 | 0% | held | |
| 32 | SOMALOGIC INC | 0.0% | $95.6k | 40,000 | 0% | held | |
| 33 | EG ACQUISITION CORP | 0.0% | $34.3k | 200,832 | 0% | held | |
| 34 | BLUESCAPE OPPORTUNITIES ACQU | 0.0% | $4.3k | 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.