Corvex Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 32 US equity positions worth $2.0bn in its Q1 2024 13F filing. The largest position was SWX at 18.4% of the reported book, followed by MGM and MDU. Against the Q4 2023 filing, it opened 6 new positions, added to 2 and reduced 5 among the top 32 holdings.
What did Corvex Management own in Q1 2024? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | SWX SOUTHWEST GAS HLDGS INC | Utilities | 18.4% | $363.1m | 4,769,098 | 0% | held |
| 2 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 14.4% | $283.2m | 5,998,778 | -7% | reduced |
| 3 | MDU MDU RES GROUP INC | Utilities | 13.0% | $255.7m | 10,147,041 | 0% | held |
| 4 | ILMN ILLUMINA INC | Healthcare | 7.0% | $138.0m | 1,004,808 | 38% | added |
| 5 | AMZN AMAZON COM INC | Consumer Cyclical | 4.7% | $93.4m | 517,629 | 0% | held |
| 6 | MSFT MICROSOFT CORP | Technology | 3.7% | $73.1m | 173,661 | 0% | held |
| 7 | GOOGL ALPHABET INC | Communication Services | 3.7% | $72.5m | 480,209 | 157% | added |
| 8 | TKO TKO GROUP HOLDINGS INC | Communication Services | 3.5% | $69.3m | 801,429 | – | new |
| 9 | PPLI IAC INC | Communication Services | 3.4% | $67.6m | 1,266,517 | 0% | held |
| 10 | LIBERTY MEDIA CORP DEL | 3.4% | $66.0m | 1,558,332 | 0% | held | |
| 11 | KKR KKR & CO INC | Financial Services | 3.3% | $64.3m | 639,582 | -15% | reduced |
| 12 | VSTS VESTIS CORPORATION | Industrials | 3.3% | $64.1m | 3,328,409 | – | new |
| 13 | COCA-COLA EUROPACIFIC PARTNE | 2.8% | $55.9m | 799,325 | 0% | held | |
| 14 | KOF COCA-COLA FEMSA SAB DE CV | 2.7% | $53.7m | 552,432 | -16% | reduced | |
| 15 | NSC NORFOLK SOUTHN CORP | Industrials | 2.3% | $44.8m | 175,614 | – | new |
| 16 | FMX FOMENTO ECONOMICO MEXICANO S | 2.1% | $41.6m | 319,150 | -59% | reduced | |
| 17 | LIBERTY MEDIA CORP DEL | 2.1% | $40.6m | 925,378 | 0% | held | |
| 18 | CSX CSX CORP | Industrials | 2.0% | $38.5m | 1,037,268 | -56% | reduced |
| 19 | APD AIR PRODS & CHEMS INC | Basic Materials | 1.6% | $31.3m | 129,184 | – | new |
| 20 | WGS GENEDX HOLDINGS CORP | Healthcare | 1.1% | $22.6m | 2,473,781 | 0% | held |
| 21 | LIBERTY MEDIA CORP DEL | 0.6% | $11.0m | 369,460 | 0% | held | |
| 22 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 0.3% | $6.4m | 1,011,946 | 0% | held |
| 23 | LIBERTY MEDIA CORP DEL | 0.3% | $5.7m | 192,258 | 0% | held | |
| 24 | NVDA NVIDIA CORPORATION | Technology | 0.1% | $1.5m | 1,625 | 0% | held |
| 25 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.1% | $1.4m | 398,835 | 0% | held |
| 26 | META META PLATFORMS INC | Communication Services | 0.1% | $1.2m | 2,400 | 0% | held |
| 27 | CRM SALESFORCE INC | Technology | 0.0% | $913.2k | 3,032 | 0% | held |
| 28 | IWM ISHARES TR | 0.0% | $525.8k | 2,500 | – | new | |
| 29 | TSLA TESLA INC | Consumer Cyclical | 0.0% | $501.0k | 2,850 | 0% | held |
| 30 | RVMD REVOLUTION MEDICINES INC | Healthcare | 0.0% | $377.0k | 11,698 | 0% | held |
| 31 | LAB STANDARD BIOTOOLS INC | Healthcare | 0.0% | $120.3k | 44,400 | – | new |
| 32 | FLYEXCLUSIVE INC | 0.0% | $86.4k | 200,832 | 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.