Corvex Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Corvex Management disclosed 32 US equity positions worth $2.6bn in its Q1 2025 13F filing. The largest position was SWX at 13.3% of the reported book, followed by ILMN and DLTR. Against the Q4 2024 filing, it opened 3 new positions, added to 6 and reduced 5 among the top 32 holdings.
What did Corvex Management own in Q1 2025? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SWX SOUTHWEST GAS HLDGS INC | Utilities | 13.3% | $342.4m | 4,769,098 | 0% | held |
| 2 | ILMN ILLUMINA INC | Healthcare | 11.8% | $303.8m | 3,829,608 | 125% | added |
| 3 | DLTR DOLLAR TREE INC | Consumer Defensive | 9.4% | $241.0m | 3,210,753 | 11% | added |
| 4 | WGS GENEDX HOLDINGS CORP | Healthcare | 8.5% | $219.1m | 2,473,781 | 0% | held |
| 5 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 6.5% | $168.6m | 5,687,478 | 0% | held |
| 6 | VSTS VESTIS CORPORATION | Industrials | 6.5% | $168.4m | 17,007,877 | 0% | held |
| 7 | PPLI IAC INC | Communication Services | 4.3% | $110.7m | 2,410,370 | 0% | held |
| 8 | AMZN AMAZON COM INC | Consumer Cyclical | 4.2% | $107.5m | 565,029 | 0% | held |
| 9 | GOOGL ALPHABET INC | Communication Services | 3.9% | $99.5m | 643,209 | 0% | held |
| 10 | MDU MDU RES GROUP INC | Utilities | 3.9% | $99.3m | 5,871,758 | -17% | reduced |
| 11 | KOF COCA-COLA FEMSA SAB DE CV | 3.5% | $91.2m | 998,713 | -6% | reduced | |
| 12 | SRE SEMPRA | Utilities | 2.9% | $75.4m | 1,056,110 | – | new |
| 13 | NSC NORFOLK SOUTHN CORP | Industrials | 2.7% | $70.4m | 297,431 | 0% | held |
| 14 | LIBERTY MEDIA CORP DEL | 2.7% | $68.7m | 1,021,144 | -33% | reduced | |
| 15 | MSFT MICROSOFT CORP | Technology | 2.5% | $65.2m | 173,661 | 0% | held |
| 16 | UGI UGI CORP NEW | Utilities | 2.5% | $64.8m | 1,960,815 | 0% | held |
| 17 | CSX CSX CORP | Industrials | 2.0% | $51.6m | 1,753,068 | 0% | held |
| 18 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.0% | $51.5m | 310,354 | 55% | added |
| 19 | HSI HEIDRICK & STRUGGLES INTL IN | 1.7% | $42.9m | 1,002,462 | 78% | added | |
| 20 | FTRE FORTREA HLDGS INC | Healthcare | 1.3% | $33.8m | 4,474,898 | 29% | added |
| 21 | LNG CHENIERE ENERGY INC | Energy | 1.3% | $32.5m | 140,400 | 0% | held |
| 22 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 1.1% | $29.2m | 5,683,855 | 70% | added |
| 23 | INTEGRAL AD SCIENCE HLDNG CO | 0.8% | $21.1m | 2,618,000 | – | new | |
| 24 | IBIT ISHARES BITCOIN TRUST ETF | 0.4% | $9.2m | 196,750 | -83% | reduced | |
| 25 | NVDA NVIDIA CORPORATION | Technology | 0.1% | $1.8m | 16,250 | 0% | held |
| 26 | IWM ISHARES TR | 0.1% | $1.5m | 7,500 | – | new | |
| 27 | META META PLATFORMS INC | Communication Services | 0.1% | $1.4m | 2,400 | 0% | held |
| 28 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.0% | $1.2m | 398,835 | 0% | held |
| 29 | LIBERTY MEDIA CORP DEL | 0.0% | $1.1m | 16,643 | -97% | reduced | |
| 30 | TSLA TESLA INC | Consumer Cyclical | 0.0% | $738.6k | 2,850 | 0% | held |
| 31 | LAB STANDARD BIOTOOLS INC | Healthcare | 0.0% | $48.0k | 44,400 | 0% | held |
| 32 | FLYEXCLUSIVE INC | 0.0% | $20.1k | 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.