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
+1.09%
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
$2.03B
AUM Growth
+$82K
Cap. Flow
+$74.6M
Cap. Flow %
3.67%
Top 10 Hldgs %
71.69%
Holding
43
New
8
Increased
2
Reduced
12
Closed
8

Top Buys

Rank Stock Value
1
CTLT
CATALENT, INC.
CTLT
+$249M
2
KNF icon
Knife River
KNF
+$108M
3
SWX icon
Southwest Gas
SWX
+$67.8M
4
ATVI
Activision Blizzard
ATVI
+$49.9M
5
ADBE icon
Adobe
ADBE
+$38.7M

Top Sells

Rank Stock Value
1
CRC icon
California Resources
CRC
+$100M
2
MDU icon
MDU Resources
MDU
+$94.1M
3
CEG icon
Constellation Energy
CEG
+$90.8M
4
FMX icon
Fomento Económico Mexicano
FMX
+$52.2M
5
EDR
Endeavor Group Holdings, Inc.
EDR
+$44.9M

Sector Composition

Rank Sector Weight
1 Utilities 25.99%
2 Consumer Discretionary 14.94%
3 Healthcare 13.08%
4 Miscellaneous 11.12%
5 Consumer Staples 9.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MGM icon
1
MGM Resorts International
MGM
$10.4B
$282M 13.88%
6,423,778
-250,000
-4% -$10.7M
CTLT
2
DELISTED
CATALENT, INC.
CTLT
$246M 12.09%
+5,670,297
New +$249M
MDU icon
3
MDU Resources
MDU
$4.12B
$212M 10.45%
18,315,409
-8,370,142
-31% -$94.1M
FMX icon
4
Fomento Económico Mexicano
FMX
$41B
$138M 6.77%
1,241,675
-518,980
-29% -$52.2M
SWX icon
5
Southwest Gas
SWX
$6.38B
$131M 6.45%
2,060,072
+1,147,283
+126% +$67.8M
IWM icon
6
PUT
iShares Russell 2000 ETF
IWM
$80.5B
$131M 6.45%
700,000
-500,000
-42% -$89.1M
KNF icon
7
Knife River
KNF
$3.51B
$110M 5.43%
+2,536,755
New +$108M
ATVI
8
CALL
DELISTED
Activision Blizzard
ATVI
$71.7M 3.52%
850,000
-700,000
-45% -$56.6M
CEG icon
9
Constellation Energy
CEG
$106B
$67.7M 3.33%
740,000
-1,095,162
-60% -$90.8M
AQN icon
10
Algonquin Power & Utilities
AQN
$4.37B
$67.5M 3.32%
8,169,499
-3,729,068
-31% -$31.7M
CSX icon
11
CSX Corp
CSX
$91.5B
$66.6M 3.28%
1,953,268
– –
PPLI
12
People Inc
PPLI
$2.9B
$54.6M 2.69%
1,060,719
– –
ATVI
13
DELISTED
Activision Blizzard
ATVI
$52M 2.56%
+616,400
New +$49.9M
CCEP icon
14
Coca-Cola Europacific Partners
CCEP
$46.7B
$51.5M 2.53%
799,325
– –
AES icon
15
AES
AES
$10.6B
$49.6M 2.44%
2,394,584
-1,605,000
-40% -$35.3M
ADBE icon
16
Adobe
ADBE
$106B
$46.9M 2.31%
+96,000
New +$38.7M
KKR icon
17
KKR & Co
KKR
$96.7B
$34M 1.67%
+607,419
New +$31.8M
LSXMA
18
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
$30.6M 1.51%
1,269,752
– –
UBER icon
19
Uber
UBER
$155B
$29.8M 1.47%
690,080
-24,920
-3% -$926K
WWE
20
DELISTED
World Wrestling Entertainment
WWE
$28.3M 1.39%
+260,926
New +$27M
LSXMK
21
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
$24.1M 1.19%
950,846
– –
GOOGL icon
22
Alphabet (Google) Class A
GOOGL
$4.14T
$21.7M 1.07%
181,480
– –
WGS icon
23
GeneDx Holdings
WGS
$2.56B
$19.7M 0.97%
3,307,523
+676,871
+26% +$5.36M
MSFT icon
24
Microsoft
MSFT
$3.71T
$19.1M 0.94%
55,961
-5,146
-8% -$1.61M
AMZN icon
25
Amazon
AMZN
$2.79T
$16.5M 0.81%
126,929
– –
1
2

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 Q2 2023 Portfolio in Review

As of Q2 2023, Corvex Management held 43 positions worth $2.03B, up 0% from $2.03B the previous quarter. Its ten largest holdings account for 72% of the portfolio.

Corvex Management deployed $74.6M of net new capital in Q2 2023, opening 8 new positions and adding to 2 existing holdings. Its largest new stake was CATALENT, INC.: 5,670,297 shares worth $246M.

By sector, the portfolio is most concentrated in Utilities at 26% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Healthcare.

On the sell side, the largest reduction was MDU Resources, an estimated $94.1M trimmed.

  • Corvex Management's largest Q2 2023 buy was CATALENT, INC.: 5,670,297 shares worth $246M.
  • Corvex Management added most to Southwest Gas in Q2 2023, an estimated $67.8M increase.
  • Corvex Management's biggest Q2 2023 reduction was MDU Resources, cutting an estimated $94.1M.
  • Corvex Management fully exited California Resources in Q2 2023, selling an estimated $100M.
  • Corvex Management's ten largest holdings make up 72% of its $2.03B portfolio in Q2 2023.
  • Corvex Management opened 8 new positions and closed 8 in Q2 2023.
  • Corvex Management's portfolio value rose 0% quarter-over-quarter to $2.03B.

Based on Corvex Management's 13F filing for Q2 2023, filed 14 Aug 2023.