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
+14.29%
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
$2.16B
AUM Growth
+$258M
Cap. Flow
+$36.3M
Cap. Flow %
1.68%
Top 10 Hldgs %
70.51%
Holding
44
New
12
Increased
2
Reduced
5
Closed
6

Top Buys

Rank Stock Value
1
TKO icon
TKO Group
TKO
+$66.7M
2
VSTS icon
Vestis
VSTS
+$65.9M
3
NSC icon
Norfolk Southern
NSC
+$43.4M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$41.9M
5
ILMN icon
Illumina
ILMN
+$37.9M

Top Sells

Rank Stock Value
1
KNF icon
Knife River
KNF
+$87.2M
2
UBER icon
Uber
UBER
+$86.3M
3
FMX icon
Fomento Económico Mexicano
FMX
+$59.1M
4
ADBE icon
Adobe
ADBE
+$54.7M
5
CSX icon
CSX Corp
CSX
+$48.5M

Sector Composition

Rank Sector Weight
1 Utilities 29%
2 Consumer Discretionary 17.55%
3 Communication Services 14.7%
4 Healthcare 7.47%
5 Consumer Staples 7.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SWX icon
1
Southwest Gas
SWX
$6.67B
$363M 16.84%
4,769,098
– –
MGM icon
2
MGM Resorts International
MGM
$11.7B
$283M 13.14%
5,998,778
-425,000
-7% -$18.6M
MDU icon
3
MDU Resources
MDU
$4.39B
$256M 11.86%
18,315,409
– –
ILMN icon
4
Illumina
ILMN
$29.1B
$138M 6.4%
1,032,943
+282,417
+38% +$37.9M
SPY icon
5
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$787B
$105M 4.85%
+200,000
New +$99.6M
AMZN icon
6
Amazon
AMZN
$2.66T
$93.4M 4.33%
517,629
– –
MSFT icon
7
Microsoft
MSFT
$2.95T
$73.1M 3.39%
173,661
– –
GOOGL icon
8
Alphabet (Google) Class A
GOOGL
$4.24T
$72.5M 3.36%
480,209
+293,029
+157% +$41.9M
TKO icon
9
TKO Group
TKO
$13.6B
$69.3M 3.21%
+801,429
New +$66.7M
PPLI
10
People Inc
PPLI
$3.28B
$67.6M 3.13%
1,543,884
– –
LLYVA icon
11
Liberty Live Group Series A
LLYVA
$8.84B
$66M 3.06%
1,558,332
– –
KKR icon
12
KKR & Co
KKR
$87.2B
$64.3M 2.98%
639,582
-110,000
-15% -$10.1M
VSTS icon
13
Vestis
VSTS
$2.12B
$64.1M 2.97%
+3,328,409
New +$65.9M
CCEP icon
14
Coca-Cola Europacific Partners
CCEP
$46.5B
$55.9M 2.59%
799,325
– –
KOF icon
15
Coca-Cola Femsa
KOF
$21.9B
$53.7M 2.49%
552,432
-107,492
-16% -$10.3M
NSC icon
16
Norfolk Southern
NSC
$74.4B
$44.8M 2.08%
+175,614
New +$43.4M
FMX icon
17
Fomento Económico Mexicano
FMX
$44.4B
$41.6M 1.93%
319,150
-452,937
-59% -$59.1M
LLYVK icon
18
Liberty Live Group Series C
LLYVK
$9.18B
$40.6M 1.88%
925,378
– –
CSX icon
19
CSX Corp
CSX
$92.7B
$38.5M 1.78%
1,037,268
-1,329,000
-56% -$48.5M
BX icon
20
PUT
Blackstone
BX
$152B
$32.8M 1.52%
+250,000
New +$31.2M
APD icon
21
Air Products & Chemicals
APD
$66B
$31.3M 1.45%
+129,184
New +$31.7M
GOOGL icon
22
CALL
Alphabet (Google) Class A
GOOGL
$4.24T
$30.2M 1.4%
+200,000
New +$28.6M
WGS icon
23
GeneDx Holdings
WGS
$1.83B
$22.6M 1.05%
2,473,781
– –
EDR
24
PUT
DELISTED
Endeavor Group Holdings, Inc.
EDR
$13.4M 0.62%
+520,900
New +$12.7M
LSXMA
25
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
$11M 0.51%
369,460
– –
1
2

Similar funds

PAI
Pittenger & Anderson Inc Lincoin, Nebraska $2.51B AUM 2.5% 1-Year Est. Return
SAM
Securian Asset Management St Paul, Minnesota $2.53B AUM 25.83% 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

Corvex Management's Q1 2024 Portfolio in Review

As of Q1 2024, Corvex Management held 44 positions worth $2.16B, up 14% from $1.9B the previous quarter. Its ten largest holdings account for 71% of the portfolio.

Corvex Management's Q1 2024 filing shows 12 new, 2 increased, 5 reduced and 6 closed positions. Its largest new stake was TKO Group: 801,429 shares worth $69.3M. The largest sale was Knife River, an estimated $87.2M.

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

  • Corvex Management's largest Q1 2024 buy was TKO Group: 801,429 shares worth $69.3M.
  • Corvex Management added most to Alphabet (Google) Class A in Q1 2024, an estimated $41.9M increase.
  • Corvex Management's biggest Q1 2024 reduction was Fomento Económico Mexicano, cutting an estimated $59.1M.
  • Corvex Management fully exited Knife River in Q1 2024, selling an estimated $87.2M.
  • Corvex Management's ten largest holdings make up 71% of its $2.16B portfolio in Q1 2024.
  • Corvex Management opened 12 new positions and closed 6 in Q1 2024.
  • Corvex Management's portfolio value rose 14% quarter-over-quarter to $2.16B.

Based on Corvex Management's 13F filing for Q1 2024, filed 15 May 2024.