CM

Corvex Management Portfolio holdings

AUM $3.27B Turnover 38.71%
1-Year Est. Return 38.53%
This Fund
S&P 500
This Quarter Est. Return
+1.37%
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
$2.54B
AUM Growth
-$695M
Cap. Flow
-$189M
Cap. Flow %
-7.46%
Top 10 Hldgs %
72.99%
Holding
48
New
6
Increased
5
Reduced
12
Closed
13
Avg Time Held Equity + Options
0.7 years
Top 10 Avg Time Held Equity + Options
0.8 years
Top 20 Avg Time Held Equity + Options
0.8 years
Avg Time Held Equity only
0.8 years
Top 10 Avg Time Held Equity only
1.1 years
Top 20 Avg Time Held Equity only
0.9 years

Top Buys

Rank Stock Value
1
PLAN
Anaplan, Inc.
PLAN
+$167M
2
EQRX
EQRx, Inc. Common Stock
EQRX
+$49.6M
3
RADI
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
+$5.64M
4
EXC icon
Exelon
EXC
+$2.53M
5
MA icon
Mastercard
MA
+$1.28M

Top Sells

Rank Stock Value
1
FIVN icon
FIVE9
FIVN
+$82.3M
2
AMZN icon
Amazon
AMZN
+$51.9M
3
BLMN icon
Bloomin' Brands
BLMN
+$47.9M
4
OPTU icon
Optimum Communications Inc
OPTU
+$43.9M
5
ZNGA
ZYNGA INC. CL A COMMON
ZNGA
+$41.4M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 32.44%
2 Technology 18.3%
3 Miscellaneous 17.51%
4 Communication Services 16.01%
5 Utilities 4.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
MGM icon
1
MGM Resorts International
MGM
$7.29B
$703M 27.73%
15,673,778
– –
2018 Q2
14 quarters
GOOGL icon
2
Alphabet (Google) Class A
GOOGL
$4.25T
$200M 7.88%
1,380,300
+5,760
+0.4% +$830K
2020 Q4
4 quarters
MSFT icon
3
Microsoft
MSFT
$3.96T
$153M 6.03%
454,652
– –
2021 Q1
3 quarters
FIVN icon
4
CALL
FIVE9
FIVN
$2.47B
$149M 5.88%
1,086,139
-163,861
-13% -$24.2M
2021 Q3
1 quarter
PLAN
5
DELISTED
Anaplan, Inc.
PLAN
$138M 5.46%
+3,020,097
New +$167M
2021 Q4
0 quarters
EXC icon
6
Exelon
EXC
$43.9B
$124M 4.9%
3,015,179
+67,296
+2% +$2.53M
2020 Q2
6 quarters
AMZN icon
7
Amazon
AMZN
$2.74T
$119M 4.7%
715,500
-303,420
-30% -$51.9M
2019 Q1
11 quarters
CCEP icon
8
Coca-Cola Europacific Partners
CCEP
$47.1B
$91.2M 3.6%
1,630,789
-188,700
-10% -$10.2M
2020 Q4
4 quarters
WYNN icon
9
PUT
Wynn Resorts
WYNN
$7.59B
$86.5M 3.41%
1,017,600
+17,600
+2% +$1.56M
2021 Q3
1 quarter
ARKK icon
10
PUT
ARK Innovation ETF
ARKK
$8.79B
$86.2M 3.4%
911,200
-88,800
-9% -$9.69M
2021 Q3
1 quarter
EXC icon
11
CALL
Exelon
EXC
$43.9B
$82.1M 3.24%
+1,992,522
New +$75M
2021 Q4
0 quarters
LSXMA icon
12
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
$79M 3.11%
2,113,119
-409,665
-16% -$15.1M
2020 Q4
4 quarters
JPM icon
13
JPMorgan Chase
JPM
$890B
$67.5M 2.66%
426,398
+3,400
+0.8% +$558K
2020 Q2
6 quarters
CRM icon
14
Salesforce
CRM
$194B
$66.8M 2.63%
262,772
-62,372
-19% -$17.5M
2021 Q2
2 quarters
TMUS icon
15
T-Mobile US
TMUS
$169B
$56.2M 2.21%
484,226
-186,288
-28% -$21.9M
2020 Q2
6 quarters
UBER icon
16
Uber
UBER
$142B
$45.3M 1.79%
1,081,470
-143,530
-12% -$6.19M
2021 Q3
1 quarter
FIVN icon
17
FIVE9
FIVN
$2.47B
$41.2M 1.62%
300,000
-556,393
-65% -$82.3M
2021 Q3
1 quarter
ZNGA
18
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
$39.1M 1.54%
6,112,700
+3,978,000
+186% +$27.4M
2021 Q3
1 quarter
LSXMK icon
19
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
$37.5M 1.48%
950,846
-168,978
-15% -$6.55M
2020 Q4
4 quarters
EQRX
20
DELISTED
EQRx, Inc. Common Stock
EQRX
$35.8M 1.41%
+5,250,000
New +$49.6M
2021 Q4
0 quarters
DIS icon
21
Walt Disney
DIS
$188B
$33.6M 1.33%
217,060
-165,050
-43% -$26.7M
2020 Q3
5 quarters
SLGC
22
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
$29.1M 1.15%
2,500,000
– –
2021 Q3
1 quarter
WGS icon
23
GeneDx Holdings
WGS
$2.04B
$20.1M 0.79%
136,364
– –
2021 Q3
1 quarter
ZNGA
24
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
$19.3M 0.76%
3,019,967
-5,997,528
-67% -$41.4M
2021 Q2
2 quarters
BOAC
25
DELISTED
Bluescape Opportunities Acquisition Corp.
BOAC
$9.79M 0.39%
1,000,000
– –
2021 Q2
2 quarters
1
2

Similar funds

ADEF
Adams Diversified Equity Fund Baltimore, Maryland $3.27B AUM 45.57% 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
VA
VR Adviser New York $3.3B AUM 525.74% 1-Year Est. Return

Corvex Management's Q4 2021 Portfolio in Review

As of Q4 2021, Corvex Management held 48 positions worth $2.54B, down 22% from $3.23B the previous quarter. Its ten largest holdings account for 73% of the portfolio.

Corvex Management withdrew a net $189M in Q4 2021, closing 13 positions and reducing 12 holdings. Its most notable exit was Bloomin' Brands, an estimated $47.9M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 32% of assets, up from 28% a quarter earlier, followed by Technology and Miscellaneous.

Against the trend, Corvex Management opened a new position in Anaplan, Inc. worth $138M.

  • Corvex Management's largest Q4 2021 buy was Anaplan, Inc.: 3,020,097 shares worth $138M.
  • Corvex Management added most to Exelon in Q4 2021, an estimated $2.53M increase.
  • Corvex Management's biggest Q4 2021 reduction was FIVE9, cutting an estimated $82.3M.
  • Corvex Management fully exited Bloomin' Brands in Q4 2021, selling an estimated $47.9M.
  • Corvex Management's ten largest holdings make up 73% of its $2.54B portfolio in Q4 2021.
  • Corvex Management opened 6 new positions and closed 13 in Q4 2021.
  • Corvex Management's portfolio value fell 22% quarter-over-quarter to $2.54B.

Based on Corvex Management's 13F filing for Q4 2021, filed 14 Feb 2022.