Latest Corvex Management LP Stock Portfolio
$2.16Billion
Equity Portfolio Value
Last Reported on: 15 May, 2024
About Corvex Management LP and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Corvex Management LP reported an equity portfolio of $2.2 Billions as of 31 Mar, 2024.
The top stock holdings of Corvex Management LP are SWX, MGM, MDU. The fund has invested 16.8% of it's portfolio in SOUTHWEST GAS HLDGS INC and 13.1% of portfolio in MGM RESORTS INTERNATIONAL.
The fund managers got completely rid off KNIFE RIVER CORP, UBER TECHNOLOGIES INC (UBER) and ADOBE INC (ADBE) stocks. They significantly reduced their stock positions in FOMENTO ECONOMICO MEXICANO S (FMX), CSX CORP (CSX) and COCA-COLA FEMSA SAB DE CV (KOF). Corvex Management LP opened new stock positions in TKO GROUP HOLDINGS INC, NORFOLK SOUTHN CORP (NSC) and AIR PRODS & CHEMS INC (APD). The fund showed a lot of confidence in some stocks as they added substantially to ALPHABET INC (GOOG) and ILLUMINA INC (ILMN).
The top stock holdings of Corvex Management LP are SWX, MGM, MDU. The fund has invested 16.8% of it's portfolio in SOUTHWEST GAS HLDGS INC and 13.1% of portfolio in MGM RESORTS INTERNATIONAL.
The fund managers got completely rid off KNIFE RIVER CORP, UBER TECHNOLOGIES INC (UBER) and ADOBE INC (ADBE) stocks. They significantly reduced their stock positions in FOMENTO ECONOMICO MEXICANO S (FMX), CSX CORP (CSX) and COCA-COLA FEMSA SAB DE CV (KOF). Corvex Management LP opened new stock positions in TKO GROUP HOLDINGS INC, NORFOLK SOUTHN CORP (NSC) and AIR PRODS & CHEMS INC (APD). The fund showed a lot of confidence in some stocks as they added substantially to ALPHABET INC (GOOG) and ILLUMINA INC (ILMN).
New Buys
| Ticker | $ Bought |
|---|---|
| TKO GROUP HOLDINGS INC | 69,251,500 |
| VESTIS CORPORATION | 64,138,400 |
| NORFOLK SOUTHN CORP | 44,758,700 |
| AIR PRODS & CHEMS INC | 31,297,400 |
| ISHARES TR | 525,750 |
| STANDARD BIOTOOLS INC | 120,324 |
New stocks bought by Corvex Management LP
Additions
| Ticker | % Inc. |
|---|---|
| ALPHABET INC | 156 |
| ILLUMINA INC | 37.63 |
Additions to existing portfolio by Corvex Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| FOMENTO ECONOMICO MEXICANO S | -58.66 |
| CSX CORP | -56.16 |
| COCA-COLA FEMSA SAB DE CV | -16.29 |
| KKR & CO INC | -14.67 |
| MGM RESORTS INTERNATIONAL | -6.62 |
Corvex Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| UBER TECHNOLOGIES INC | -86,278,200 |
| KNIFE RIVER CORP | -87,172,700 |
| ADOBE INC | -54,744,000 |
| SOMALOGIC INC | -101,200 |
Corvex Management LP got rid off the above stocks
Current Stock Holdings of Corvex Management LP
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ADBE | ADOBE INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| AGG | ISHARES TR | 0.02 | 2,500 | 525,750 | NEW | ||
| AMBP | ARDAGH METAL PACKAGING S A | 0.06 | 398,835 | 1,368,000 | UNCHANGED | 0.00 | |
| AMZN | AMAZON COM INC | 4.33 | 517,629 | 93,369,900 | UNCHANGED | 0.00 | |
| APD | AIR PRODS & CHEMS INC | 1.45 | 129,184 | 31,297,400 | NEW | ||
| AQN | ALGONQUIN PWR UTILS CORP | 0.30 | 1,011,950 | 6,395,500 | UNCHANGED | 0.00 | |
| BATRA | LIBERTY MEDIA CORP DEL | 3.06 | 1,558,330 | 65,995,400 | UNCHANGED | 0.00 | |
| BATRA | LIBERTY MEDIA CORP DEL | 1.88 | 925,378 | 40,550,100 | UNCHANGED | 0.00 | |
| BATRA | LIBERTY MEDIA CORP DEL | 0.51 | 369,460 | 10,973,000 | UNCHANGED | 0.00 | |
| BATRA | LIBERTY MEDIA CORP DEL | 0.26 | 192,258 | 5,711,980 | UNCHANGED | 0.00 | |
| CCEP | COCA-COLA EUROPACIFIC PARTNE | 2.59 | 799,325 | 55,912,800 | UNCHANGED | 0.00 | |
| CRM | SALESFORCE INC | 0.04 | 3,032 | 913,178 | UNCHANGED | 0.00 | |
| CSX | CSX CORP | 1.78 | 1,037,270 | 38,451,500 | REDUCED | -56.16 | |
| FMX | FOMENTO ECONOMICO MEXICANO S | 1.93 | 319,150 | 41,575,700 | REDUCED | -58.66 | |
| GOOG | ALPHABET INC | 3.36 | 480,209 | 72,477,900 | ADDED | 156 | |
| IAC | IAC INC | 3.13 | 1,266,520 | 67,556,000 | UNCHANGED | 0.00 | |
| ILMN | ILLUMINA INC | 6.40 | 1,004,810 | 137,980,000 | ADDED | 37.63 | |
| KKR | KKR & CO INC | 2.98 | 639,582 | 64,329,200 | REDUCED | -14.67 | |
| KOF | COCA-COLA FEMSA SAB DE CV | 2.49 | 552,432 | 53,696,400 | REDUCED | -16.29 | |
| LAB | STANDARD BIOTOOLS INC | 0.01 | 44,400 | 120,324 | NEW | ||
| MDU | MDU RES GROUP INC | 11.86 | 10,147,000 | 255,705,000 | UNCHANGED | 0.00 | |
| META | META PLATFORMS INC | 0.05 | 2,400 | 1,165,390 | UNCHANGED | 0.00 | |
| MGM | MGM RESORTS INTERNATIONAL | 13.13 | 5,998,780 | 283,202,000 | REDUCED | -6.62 | |
| MSFT | MICROSOFT CORP | 3.39 | 173,661 | 73,062,700 | UNCHANGED | 0.00 | |
| NSC | NORFOLK SOUTHN CORP | 2.08 | 175,614 | 44,758,700 | NEW | ||
| NVDA | NVIDIA CORPORATION | 0.07 | 1,625 | 1,468,280 | UNCHANGED | 0.00 | |
| RVMD | REVOLUTION MEDICINES INC | 0.02 | 11,698 | 377,027 | UNCHANGED | 0.00 | |
| SLGC | SOMALOGIC INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SMFR | GENEDX HOLDINGS CORP | 1.05 | 2,473,780 | 22,585,600 | UNCHANGED | 0.00 | |
| SWX | SOUTHWEST GAS HLDGS INC | 16.84 | 4,769,100 | 363,071,000 | UNCHANGED | 0.00 | |
| TSLA | TESLA INC | 0.02 | 2,850 | 501,002 | UNCHANGED | 0.00 | |
| UBER | UBER TECHNOLOGIES INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TKO GROUP HOLDINGS INC | 3.21 | 801,429 | 69,251,500 | NEW | |||
| VESTIS CORPORATION | 2.98 | 3,328,410 | 64,138,400 | NEW | |||
| FLYEXCLUSIVE INC | 0.00 | 200,832 | 86,358 | UNCHANGED | 0.00 | ||
| KNIFE RIVER CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |