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
+5.93%
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
$3.6B
AUM Growth
-$2.24B
Cap. Flow
-$1.95B
Cap. Flow %
-53.98%
Top 10 Hldgs %
59.85%
Holding
53
New
13
Increased
6
Reduced
9
Closed
18

Top Buys

Rank Stock Value
1
P
Pandora Media Inc
P
+$114M
2
META icon
Meta Platforms (Facebook)
META
+$114M
3
PX
Praxair Inc
PX
+$104M
4
CL icon
Colgate-Palmolive
CL
+$99.7M
5
EGN
Energen
EGN
+$72.8M

Top Sells

Rank Stock Value
1
YUM icon
Yum! Brands
YUM
+$852M
2
WMB icon
Williams Companies
WMB
+$440M
3
TMUS icon
T-Mobile US
TMUS
+$180M
4
CRM icon
Salesforce
CRM
+$172M
5
FNF icon
Fidelity National Financial
FNF
+$167M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 32.8%
2 Communication Services 16.33%
3 Healthcare 14.48%
4 Consumer Staples 8.43%
5 Miscellaneous 7.17%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
YUM icon
1
Yum! Brands
YUM
$42B
$508M 14.09%
7,950,654
-13,089,541
-62% -$852M
YUMC icon
2
Yum China
YUMC
$15.3B
$282M 7.81%
10,352,967
-4,280,130
-29% -$114M
P
3
DELISTED
Pandora Media Inc
P
$245M 6.8%
20,762,824
+9,114,682
+78% +$114M
NOMD icon
4
Nomad Foods
NOMD
$1.66B
$200M 5.54%
17,430,522
– –
BALL icon
5
Ball Corp
BALL
$16.9B
$185M 5.14%
4,987,768
-869,488
-15% -$32.5M
BIO icon
6
Bio-Rad Laboratories Class A
BIO
$10.4B
$169M 4.68%
847,141
+359,887
+74% +$69.3M
MDCO
7
DELISTED
Medicines Co
MDCO
$159M 4.41%
3,252,260
+20,000
+0.6% +$912K
GOOGL icon
8
Alphabet (Google) Class A
GOOGL
$4.24T
$147M 4.08%
3,470,000
– –
ESI icon
9
Element Solutions
ESI
$8.51B
$138M 3.84%
10,629,630
-6,069,995
-36% -$74.7M
SIG icon
10
Signet Jewelers
SIG
$3.21B
$125M 3.46%
1,798,558
-1,108,532
-38% -$82.9M
META icon
11
Meta Platforms (Facebook)
META
$1.47T
$121M 3.35%
+850,000
New +$114M
BAC icon
12
Bank of America
BAC
$436B
$108M 3%
4,582,000
-4,885,000
-52% -$116M
CRM icon
13
Salesforce
CRM
$211B
$107M 2.96%
1,294,900
-2,159,083
-63% -$172M
PX
14
DELISTED
Praxair Inc
PX
$105M 2.91%
+886,015
New +$104M
CL icon
15
Colgate-Palmolive
CL
$72.3B
$104M 2.89%
+1,423,798
New +$99.7M
HUM icon
16
Humana
HUM
$46.3B
$90M 2.5%
436,769
+328,844
+305% +$68M
ZAYO
17
DELISTED
Zayo Group Holdings, Inc.
ZAYO
$75.8M 2.1%
2,303,070
+674,295
+41% +$21.5M
EGN
18
DELISTED
Energen
EGN
$73.3M 2.03%
+1,345,922
New +$72.8M
CL icon
19
CALL
Colgate-Palmolive
CL
$72.3B
$73.2M 2.03%
+1,000,000
New +$70M
BAC icon
20
CALL
Bank of America
BAC
$436B
$70.8M 1.96%
+3,000,000
New +$71.2M
ETFC
21
DELISTED
E*Trade Financial Corporation
ETFC
$60.3M 1.67%
1,728,520
+968,831
+128% +$34.7M
PAGP icon
22
Plains GP Holdings
PAGP
$5.54B
$59.2M 1.64%
+1,892,494
New +$61.5M
JACK icon
23
Jack in the Box
JACK
$311M
$57.3M 1.59%
+562,972
New +$58.3M
EVHC
24
DELISTED
Envision Healthcare Holdings Inc
EVHC
$56.2M 1.56%
916,315
– –
RF icon
25
Regions Financial
RF
$25.8B
$52.4M 1.45%
+3,608,066
New +$53.2M
1
2 3

Similar funds

ADEF
Adams Diversified Equity Fund Baltimore, Maryland $3.27B AUM 45.57% 1-Year Est. Return
FB
Fulton Bank Lancaster, Pennsylvania $3.27B AUM 17.38% 1-Year Est. Return
CAMG
CWA Asset Management Group Naples, Florida $3.28B AUM 34.07% 1-Year Est. Return
SCM
Steadfast Capital Management New York $3.26B AUM 36.54% 1-Year Est. Return
VVP
Vulcan Value Partners Birmingham, Alabama $3.29B AUM 6.08% 1-Year Est. Return
BG
Bollard Group Boston, Massachusetts $3.29B AUM 4.86% 1-Year Est. Return
OCM
Oribel Capital Management New York $3.29B AUM 83.82% 1-Year Est. Return
PCM
Prana Capital Management Greenwich, Connecticut $3.3B AUM 0.25% 1-Year Est. Return

Corvex Management's Q1 2017 Portfolio in Review

As of Q1 2017, Corvex Management held 53 positions worth $3.6B, down 38% from $5.85B the previous quarter. Its ten largest holdings account for 60% of the portfolio.

Corvex Management withdrew a net $1.95B in Q1 2017, closing 18 positions and reducing 9 holdings. Its most notable exit was Williams Companies, an estimated $440M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 33% of assets, down from 38% a quarter earlier, followed by Communication Services and Healthcare.

Against the trend, Corvex Management opened a new position in Meta Platforms (Facebook) worth $121M.

  • Corvex Management's largest Q1 2017 buy was Meta Platforms (Facebook): 850,000 shares worth $121M.
  • Corvex Management added most to Pandora Media Inc in Q1 2017, an estimated $114M increase.
  • Corvex Management's biggest Q1 2017 reduction was Yum! Brands, cutting an estimated $852M.
  • Corvex Management fully exited Williams Companies in Q1 2017, selling an estimated $440M.
  • Corvex Management's ten largest holdings make up 60% of its $3.6B portfolio in Q1 2017.
  • Corvex Management opened 13 new positions and closed 18 in Q1 2017.
  • Corvex Management's portfolio value fell 38% quarter-over-quarter to $3.6B.

Based on Corvex Management's 13F filing for Q1 2017, filed 15 May 2017.