We are live on ! Find out more
CM

Corvex Management Portfolio holdings

AUM $2.52B
1-Year Est. Return 25.53%
This Fund
S&P 500
This Quarter Est. Return
+1.04%
1 Year Est. Return
+25.53%
3 Year Est. Return
+64.15%
5 Year Est. Return
+76.52%
10 Year Est. Return
+305.53%
AUM
$1.71B
AUM Growth
+$132M
Cap. Flow
+$146M
Cap. Flow %
8.57%
Top 10 Hldgs %
74.65%
Holding
41
New
5
Increased
10
Reduced
4
Closed
7

Top Buys

Rank Stock Value
1
FMX icon
Fomento Económico Mexicano
FMX
+$119M
2
CRM icon
Salesforce
CRM
+$85.5M
3
MDU icon
MDU Resources
MDU
+$41.2M
4
AMBP icon
Ardagh Metal Packaging
AMBP
+$23.2M
5
CSX icon
CSX Corp
CSX
+$21.5M

Top Sells

Rank Stock Value
1
ZEN
ZENDESK INC
ZEN
+$67.4M
2
FIVN icon
FIVE9
FIVN
+$53.5M
3
CEG icon
Constellation Energy
CEG
+$35.6M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$33.9M
5
CRC icon
California Resources
CRC
+$14.3M

Sector Composition

Rank Sector Weight
1 Utilities 29.02%
2 Consumer Discretionary 19.28%
3 Technology 13.45%
4 Consumer Staples 10.45%
5 Energy 6.89%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ARYD
26
DELISTED
ARYA Sciences Acquisition Corp IV Class A Odinary Shares
ARYD
$3.96M 0.23%
400,000
– –
RADI
27
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
$2.21M 0.13%
234,986
– –
SPY icon
28
State Street SPDR S&P 500 ETF Trust
SPY
$778B
$1.61M 0.09%
+4,500
New +$1.79M
JPM icon
29
JPMorgan Chase
JPM
$939B
$1.3M 0.08%
12,407
+1,500
+14% +$172K
STRDW
30
DELISTED
Sitio Royalties Corp. Warrant
STRDW
$149K 0.01%
878,024
– –
BOAC.WS
31
DELISTED
Bluescape Opportunities Acquisition Corp. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
BOAC.WS
$70K ﹤0.01%
499,999
– –
SKYAW
32
DELISTED
Skydeck Acquisition Corp. Warrants
SKYAW
$38K ﹤0.01%
326,666
– –
FLYX.WS icon
33
flyExclusive Inc Warrants
FLYX.WS
$25K ﹤0.01%
200,832
– –
LGV.WS
34
DELISTED
Longview Acquisition Corp. II Redeemable Warrants, each whole Warrant exercisable for one share of Class A Common Stock, each at an exercise price of $11.50 per share
LGV.WS
$14K ﹤0.01%
199,998
– –
AAPL icon
35
PUT
Apple
AAPL
$4.89T
– –
-250,000
Closed -$34.2M
FIVN icon
36
FIVE9
FIVN
$1.77B
– –
-586,638
Closed -$53.5M
BOAC
37
DELISTED
Bluescape Opportunities Acquisition Corp.
BOAC
– –
-1,000,000
Closed -$9.91M
ZEN
38
CALL
DELISTED
ZENDESK INC
ZEN
– –
-269,700
Closed -$20M
ZEN
39
DELISTED
ZENDESK INC
ZEN
– –
-910,600
Closed -$67.4M
PSTH
40
CALL
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
– –
-500,500
Closed -$9.99M
PSTH
41
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
– –
-500,500
Closed -$9.99M
1
2

Similar funds

PAI
Pittenger & Anderson Inc Lincoin, Nebraska $2.51B AUM 2.5% 1-Year Est. Return
LIMS
Lasalle Investment Management Securities Baltimore, Maryland $2.53B AUM 2.06% 1-Year Est. Return
SIM
Stratos Investment Management Beachwood, Ohio $2.49B AUM 17.24% 1-Year Est. Return
KFC
Klingenstein Fields & Co New York $2.54B AUM 22.19% 1-Year Est. Return
OBAM
ODDO BHF Asset Management Paris, France $2.54B AUM 41.83% 1-Year Est. Return
Q
QVR San Francisco, California $2.49B AUM 48.58% 1-Year Est. Return
LC
L1 Capital Melbourne VIC 3000, Australia $2.55B AUM 80.12% 1-Year Est. Return
FFA
First Foundation Advisors Irvine, California $2.48B AUM 18.56% 1-Year Est. Return

Corvex Management's Q3 2022 Portfolio in Review

As of Q3 2022, Corvex Management held 41 positions worth $1.71B, up 8.4% from $1.57B the previous quarter. Its ten largest holdings account for 75% of the portfolio.

Corvex Management deployed $146M of net new capital in Q3 2022, opening 5 new positions and adding to 10 existing holdings. Its largest new stake was Southwest Gas: 234,119 shares worth $16.3M.

By sector, the portfolio is most concentrated in Utilities at 29% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Technology.

On the sell side, the largest reduction was Constellation Energy, an estimated $35.6M trimmed.

  • Corvex Management's largest Q3 2022 buy was Southwest Gas: 234,119 shares worth $16.3M.
  • Corvex Management added most to Fomento Económico Mexicano in Q3 2022, an estimated $119M increase.
  • Corvex Management's biggest Q3 2022 reduction was Constellation Energy, cutting an estimated $35.6M.
  • Corvex Management fully exited ZENDESK INC in Q3 2022, selling an estimated $67.4M.
  • Corvex Management's ten largest holdings make up 75% of its $1.71B portfolio in Q3 2022.
  • Corvex Management opened 5 new positions and closed 7 in Q3 2022.
  • Corvex Management's portfolio value rose 8.4% quarter-over-quarter to $1.71B.

Based on Corvex Management's 13F filing for Q3 2022, filed 14 Nov 2022.