Latest Corvex Management LP Stock Portfolio

Corvex Management LP Performance:

2025 Q1: -5.81%YTD: -5.81%2024: 12.6%

Performance for 2025 Q1 is -5.81%, and YTD is -5.81%, and 2024 is 12.6%.

About Corvex Management LP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Corvex Management LP reported an equity portfolio of $2.6 Billions as of 31 Mar, 2025.

The top stock holdings of Corvex Management LP are SWX, ILMN, DLTR. The fund has invested 13% of it's portfolio in SOUTHWEST GAS HLDGS INC and 11.5% of portfolio in ILLUMINA INC.

The fund managers got completely rid off COCA-COLA EUROPACIFIC PARTNE, FOMENTO ECONOMICO MEXICANO S (FMX) and WYNDHAM HOTELS & RESORTS INC (WH) stocks. They significantly reduced their stock positions in LIBERTY MEDIA CORP DEL (BATRA), ISHARES BITCOIN TRUST ETF and MDU RES GROUP INC (MDU). Corvex Management LP opened new stock positions in SEMPRA (SRE), INTEGRAL AD SCIENCE HLDNG CO (IAS) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to ILLUMINA INC (ILMN), HEIDRICK & STRUGGLES INTL IN (HSII) and ALGONQUIN PWR UTILS CORP.

Corvex Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Corvex Management LP made a return of -5.81% in the last quarter. In trailing 12 months, it's portfolio return was -4.33%.

New Buys

Ticker	$ Bought
sempra	75,364,000
integral ad science hldng co	21,101,100
ishares tr	1,496,180

New stocks bought by Corvex Management LP

Additions

Ticker	% Inc.
illumina inc	125
heidrick & struggles intl in	78.26
algonquin pwr utils corp	69.9
taiwan semiconductor mfg ltd	54.52
fortrea hldgs inc	28.56
dollar tree inc	11.22

Additions to existing portfolio by Corvex Management LP

Reductions

Ticker	% Reduced
liberty media corp del	-97.13
ishares bitcoin trust etf	-83.26
liberty media corp del	-33.44
mdu res group inc	-17.4
coca-cola femsa sab de cv	-6.32

Corvex Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
coca-cola europacific partne	-61,396,200
fomento economico mexicano s	-34,636,300
everus constr group	-21,217,900
wyndham hotels & resorts inc	-3,461,630
salesforce inc	-1,013,690

Corvex Management LP got rid off the above stocks

Sector Distribution

Corvex Management LP has about 18.7% of it's holdings in Utilities sector.

Sector	%
Utilities	18.7
Others	17.7
Healthcare	11.8
Consumer Cyclical	10.7
Industrials	10.3
Consumer Defensive	9.4
Communication Services	9
	8.5
Technology	2.6
Energy	1.3

Market Cap. Distribution

Corvex Management LP has about 47.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	36.6
MID-CAP	24
UNALLOCATED	17.7
SMALL-CAP	11
MEGA-CAP	10.7

Stocks belong to which Index?

About 64.6% of the stocks held by Corvex Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	46.1
Others	35.4
RUSSELL 2000	18.5

Top 5 Winners (%)		%
UGI	ugi corp new	17.1 %
SMFR	genedx holdings corp	15.2 %
LNG	cheniere energy inc	7.7 %
IAC	iac inc	6.5 %
SWX	southwest gas hldgs inc	1.5 %

Top 5 Winners ($)		$
SMFR	genedx holdings corp	29.0 M
UGI	ugi corp new	9.5 M
IAC	iac inc	6.7 M
SWX	southwest gas hldgs inc	5.2 M
LNG	cheniere energy inc	2.3 M

Top 5 Losers (%)		%
LAB	standard biotools inc	-38.3 %
TSLA	tesla inc	-35.8 %
ILMN	illumina inc	-29.0 %
IAS	integral ad science hldng co	-21.4 %
NVDA	nvidia corporation	-19.3 %

Top 5 Losers ($)		$
ILMN	illumina inc	-123.9 M
MGM	mgm resorts international	-28.5 M
GOOG	alphabet inc	-22.3 M
AMZN	amazon com inc	-16.5 M
MSFT	microsoft corp	-8.0 M

Corvex Management LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Corvex Management LP

Corvex Management LP has 32 stocks in it's portfolio. About 70.4% of the portfolio is in top 10 stocks. ILMN proved to be the most loss making stock for the portfolio. SMFR was the most profitable stock for Corvex Management LP last quarter.

Last Reported on: 15 May, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	SWX	southwest gas hldgs inc	12.96	4,769,100	342,421,000	unchanged	0.00
Historical Trend of SOUTHWEST GAS HLDGS INC Position Held By Corvex Management LP What % of Portfolio is SWX?: Number of SWX shares held: Change in No. of Shares Held:
	ILMN	illumina inc	11.50	3,829,610	303,841,000	added	125

	DLTR	dollar tree inc	9.12	3,210,750	241,031,000	added	11.22

	SMFR	genedx holdings corp	8.29	2,473,780	219,090,000	unchanged	0.00

	MGM	mgm resorts international	6.38	5,687,480	168,577,000	unchanged	0.00

		vestis corporation	6.37	17,007,900	168,378,000	unchanged	0.00

	IAC	iac inc	4.19	2,410,370	110,732,000	unchanged	0.00

	AMZN	amazon com inc	4.07	565,029	107,502,000	unchanged	0.00

	GOOG	alphabet inc	3.76	643,209	99,465,800	unchanged	0.00

	MDU	mdu res group inc	3.76	5,871,760	99,291,400	reduced	-17.4

	KOF	coca-cola femsa sab de cv	3.45	998,713	91,172,500	reduced	-6.32

	SRE	sempra	2.85	1,056,110	75,364,000	new

	NSC	norfolk southn corp	2.67	297,431	70,446,500	unchanged	0.00

	BATRA	liberty media corp del	2.60	1,021,140	68,661,700	reduced	-33.44

	MSFT	microsoft corp	2.47	173,661	65,190,600	unchanged	0.00

	UGI	ugi corp new	2.45	1,960,820	64,844,200	unchanged	0.00

	CSX	csx corp	1.95	1,753,070	51,592,800	unchanged	0.00

	TSM	taiwan semiconductor mfg ltd	1.95	310,354	51,518,800	added	54.52

	HSII	heidrick & struggles intl in	1.62	1,002,460	42,935,400	added	78.26

		fortrea hldgs inc	1.28	4,474,900	33,785,500	added	28.56