We are live on
!
Find out more
CM
Corvex Management Portfolio holdings
AUM
$3.27B
1-Year Est. Return
38.53%
This Fund
S&P 500
This Quarter
Est. Return
-31.25%
1 Year Est. Return
+38.53%
3 Year Est. Return
+95.78%
5 Year Est. Return
+93.81%
10 Year Est. Return
+360.33%
AUM
$1.29B
AUM Growth
-$876M
(-40%)
Cap. Flow
+$261M
Cap. Flow
% of AUM
20.21%
Top 10 Holdings %
Top 10 Hldgs %
76.98%
Holding
39
New
16
Increased
6
Reduced
3
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$65.2M |
| 2 |
ZEN
ZENDESK INC
ZEN
|
+$44.7M |
| 3 |
Marathon Petroleum
MPC
|
+$40.9M |
| 4 |
MGM Resorts International
MGM
|
+$38.6M |
| 5 |
OPTU
Optimum Communications Inc
OPTU
|
+$37.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FSCT
ForeScout Technologies, Inc. Common Stock
FSCT
|
+$110M |
| 2 |
Madison Square Garden
MSGS
|
+$34.5M |
| 3 |
Adobe
ADBE
|
+$24.5M |
| 4 |
Diamondback Energy
FANG
|
+$22M |
| 5 |
T-Mobile US
TMUS
|
+$16.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.57% |
| 2 | Consumer Discretionary | 27.01% |
| 3 | Technology | 18.15% |
| 4 | Communication Services | 12.22% |
| 5 | Industrials | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
STR
26
DELISTED
Sitio Royalties
STR
| $4.06M | 0.31% |
472,579
| – | – |
|
27
CenterPoint Energy
CNP
$25B
| $479K | 0.04% |
+31,000
| New | +$711K |
|
|
STRDW
28
DELISTED
Sitio Royalties Corp. Warrant
STRDW
| $132K | 0.01% |
878,024
| – | – |
|
29
CALL
Apple
AAPL
$4.84T
| – | – |
-1,000,000
| Closed | -$73.4M |
|
30
CALL
Caterpillar
CAT
$360B
| – | – |
-250,000
| Closed | -$36.9M |
|
|
31
CALL
Salesforce
CRM
$210B
| – | – |
-300,000
| Closed | -$48.8M |
|
32
PUT
Invesco QQQ Trust
QQQ
$474B
| – | – |
-1,250,000
| Closed | -$266M |
|
33
CALL
RTX Corp
RTX
$263B
| – | – |
-338,139
| Closed | -$31.9M |
|
34
CALL
VanEck Semiconductor ETF
SMH
$67.1B
| – | – |
-1,300,000
| Closed | -$91.9M |
|
|
35
T-Mobile US
TMUS
$194B
| – | – |
-206,534
| Closed | -$16.2M |
|
36
Twilio
TWLO
$37.2B
| – | – |
-64,732
| Closed | -$6.36M |
|
37
CALL
Union Pacific
UNP
$169B
| – | – |
-200,000
| Closed | -$36.2M |
|
|
ZEN
38
CALL
DELISTED
ZENDESK INC
ZEN
| – | – |
-1,324,500
| Closed | -$101M |
|
|
FSCT
39
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| – | – |
-3,344,133
| Closed | -$110M |
|
Similar funds
ADEF
FB
CAMG
SCM
VVP
BG
OCM
PCM
Corvex Management's Q1 2020 Portfolio in Review
As of Q1 2020, Corvex Management held 39 positions worth $1.29B, down 40% from $2.17B the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Corvex Management deployed $261M of net new capital in Q1 2020, opening 16 new positions and adding to 6 existing holdings. Its largest new stake was Salesforce: 380,000 shares worth $54.7M.
By sector, the portfolio is most concentrated in Miscellaneous at 29% of assets, down from 36% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was Madison Square Garden, an estimated $34.5M trimmed.
- Corvex Management's largest Q1 2020 buy was Salesforce: 380,000 shares worth $54.7M.
- Corvex Management added most to ZENDESK INC in Q1 2020, an estimated $44.7M increase.
- Corvex Management's biggest Q1 2020 reduction was Madison Square Garden, cutting an estimated $34.5M.
- Corvex Management fully exited ForeScout Technologies, Inc. Common Stock in Q1 2020, selling an estimated $110M.
- Corvex Management's ten largest holdings make up 77% of its $1.29B portfolio in Q1 2020.
- Corvex Management opened 16 new positions and closed 11 in Q1 2020.
- Corvex Management's portfolio value fell 40% quarter-over-quarter to $1.29B.
Based on Corvex Management's 13F filing for Q1 2020, filed 15 May 2020.