Corvex Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 31 US equity positions worth $1.9bn in its Q4 2023 13F filing. The largest position was SWX at 16.2% of the reported book, followed by MGM and MDU. Against the Q3 2023 filing, it opened 3 new positions, added to 3 and reduced 9 among the top 31 holdings.
What did Corvex Management own in Q4 2023? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | SWX SOUTHWEST GAS HLDGS INC | Utilities | 16.2% | $302.1m | 4,769,098 | 39% | added |
| 2 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 15.4% | $287.0m | 6,423,778 | 0% | held |
| 3 | MDU MDU RES GROUP INC | Utilities | 10.8% | $200.9m | 10,147,041 | 0% | held |
| 4 | ILMN ILLUMINA INC | Healthcare | 5.5% | $101.7m | 730,084 | – | new |
| 5 | FMX FOMENTO ECONOMICO MEXICANO S | 5.4% | $100.6m | 772,087 | -12% | reduced | |
| 6 | KNF KNIFE RIVER CORP | Basic Materials | 4.7% | $87.2m | 1,317,206 | -48% | reduced |
| 7 | UBER UBER TECHNOLOGIES INC | Technology | 4.6% | $86.3m | 1,401,302 | -6% | reduced |
| 8 | CSX CSX CORP | Industrials | 4.4% | $82.0m | 2,366,268 | 0% | held |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 4.2% | $78.6m | 517,629 | 1% | added |
| 10 | PPLI IAC INC | Communication Services | 3.6% | $66.3m | 1,266,517 | 0% | held |
| 11 | MSFT MICROSOFT CORP | Technology | 3.5% | $65.3m | 173,661 | 0% | held |
| 12 | KOF COCA-COLA FEMSA SAB DE CV | 3.4% | $62.5m | 659,924 | 42% | added | |
| 13 | KKR KKR & CO INC | Financial Services | 3.3% | $62.1m | 749,582 | 0% | held |
| 14 | LIBERTY MEDIA CORP DEL | 3.1% | $57.0m | 1,558,332 | 0% | held | |
| 15 | ADBE ADOBE INC | Technology | 2.9% | $54.7m | 91,760 | 0% | held |
| 16 | COCA-COLA EUROPACIFIC PARTNE | 2.9% | $53.3m | 799,325 | 0% | held | |
| 17 | LIBERTY MEDIA CORP DEL | 1.9% | $34.6m | 925,378 | 0% | held | |
| 18 | GOOGL ALPHABET INC | Communication Services | 1.4% | $26.1m | 187,180 | 0% | held |
| 19 | 0C3 ENDEAVOR GROUP HLDGS INC | 1.1% | $20.2m | 851,568 | -83% | reduced | |
| 20 | LIBERTY MEDIA CORP DEL | 0.6% | $10.6m | 369,460 | -79% | reduced | |
| 21 | WGS GENEDX HOLDINGS CORP | Healthcare | 0.4% | $6.8m | 2,473,781 | -25% | reduced |
| 22 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 0.3% | $6.4m | 1,011,946 | -90% | reduced |
| 23 | LIBERTY MEDIA CORP DEL | 0.3% | $5.5m | 192,258 | -81% | reduced | |
| 24 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.1% | $1.5m | 398,835 | -54% | reduced |
| 25 | META META PLATFORMS INC | Communication Services | 0.0% | $849.5k | 2,400 | 0% | held |
| 26 | NVDA NVIDIA CORPORATION | Technology | 0.0% | $804.7k | 1,625 | 0% | held |
| 27 | CRM SALESFORCE INC | Technology | 0.0% | $797.8k | 3,032 | 0% | held |
| 28 | TSLA TESLA INC | Consumer Cyclical | 0.0% | $708.2k | 2,850 | 0% | held |
| 29 | RVMD REVOLUTION MEDICINES INC | Healthcare | 0.0% | $335.5k | 11,698 | – | new |
| 30 | SOMALOGIC INC | 0.0% | $101.2k | 40,000 | 0% | held | |
| 31 | FLYEXCLUSIVE INC | 0.0% | $44.2k | 200,832 | – | new |
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.