Corvex Management Portfolio
Corvex Management 13F filer (CIK 0001535472).
Q2 2022 · 32 positions · Total reported value $1.51B · Top-10 concentration 78.4%
Turnover: 60.0% · 5 new · 7 cut · 6 exited
In its Q2 2022 13F filing, Corvex Management disclosed 32 equity positions with a combined reported value of $1.51B. The filing implies a focused portfolio: its ten largest positions account for 78.4% of reported value. HoldingsHub classifies the profile as Mid / Focused / High Turnover.
The largest disclosed positions as of Q2 2022 were MDU ($235.58M), MGM ($193.21M), CRC ($130.34M). By sector, the heaviest allocations are Industrials 24.9%, Technology 22.0%. Versus the prior quarter, allocation shifted toward Industrials (+21.5pp), Energy (+6.6pp) and away from Consumer Staples (-1.2pp), Other (-3.1pp).
Versus the prior quarter, Corvex Management opened 5 new positions, trimmed 7 and fully exited 6, a turnover rate of 60.0% of positions. The portfolio's overlap with the prior quarter was 63% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | MDU | MDU RES GROUP INC | 8.73M | $235.58M | 15.56% | New |
| 2 | MGM | MGM RESORTS INTERNATIONAL | 6.67M | $193.21M | 12.76% | Hold |
| 3 | CRC | CALIFORNIA RES CORP | 3.39M | $130.34M | 8.61% | Add |
| 4 | MSFT | MICROSOFT CORP | 447.15K | $114.84M | 7.58% | Add |
| 5 | GOOGL | ALPHABET INC | 52.43K | $114.26M | 7.55% | Add |
| 6 | CEG | CONSTELLATION ENERGY CORP | 1.77M | $101.50M | 6.70% | Reduce |
| 7 | AES | AES CORP | 4.54M | $95.29M | 6.29% | Add |
| 8 | ZEN | ZENDESK INC | 1.18M | $87.42M | 5.77% | New |
| 9 | AMZN | AMAZON COM INC | 570.50K | $60.59M | 4.00% | Add |
| 10 | FIVN | FIVE9 INC | 586.64K | $53.47M | 3.53% | Reduce |
| 11 | CCEP | COCA-COLA EUROPACIFIC PARTNE | 795.33K | $41.05M | 2.71% | Reduce |
| 12 | AAPL | APPLE INC | 250.00K | $34.18M | 2.26% | New |
| 13 | CSX | CSX CORP | 1.15M | $33.42M | 2.21% | New |
| 14 | UBER | UBER TECHNOLOGIES INC | 1.45M | $29.61M | 1.96% | Hold |
| 15 | BOOT | BOOT BARN HLDGS INC | 412.92K | $28.45M | 1.88% | New |
| 16 | FMX | FOMENTO ECONOMICO MEXICANO S | 405.10K | $27.34M | 1.81% | Hold |
| 17 | EQRX | EQRX INC | 5.25M | $24.62M | 1.63% | Add |
| 18 | WGS | GENEDX HOLDINGS CORP | 15.94M | $20.08M | 1.33% | Add |
| 19 | PSTH | PERSHING SQUARE TONTINE HLDG | 1.00M | $19.99M | 1.32% | Add |
| 20 | CRM | SALESFORCE INC | 97.00K | $16.01M | 1.06% | New |
| 21 | AMBP | ARDAGH METAL PACKAGING S A | 2.14M | $13.04M | 0.86% | New |
| 22 | SLGC | SOMALOGIC INC | 2.50M | $11.30M | 0.75% | Hold |
| 23 | BOAC | BLUESCAPE OPPORTUNITIES ACQU | 1.00M | $9.91M | 0.65% | Hold |
| 24 | SKYA | SKYDECK ACQUISITION CORP | 980.00K | $9.54M | 0.63% | Hold |
| 25 | ARYD | ARYA SCIENCES ACQU CORP IV | 400.00K | $3.92M | 0.26% | Hold |
| 26 | RADI | RADIUS GLOBAL INFRASTRCTRE I | 234.99K | $3.59M | 0.24% | Hold |
| 27 | JPM | JPMORGAN CHASE & CO | 10.91K | $1.23M | 0.08% | Hold |
| 28 | STRWS | SITIO ROYALTIES CORP | 878.02K | $167.00K | 0.01% | New |
| 29 | BOACWS | BLUESCAPE OPPORTUNITIES ACQU | 500.00K | $105.00K | 0.01% | Hold |
| 30 | SKYAW | SKYDECK ACQUISITION CORP | 326.67K | $42.00K | 0.00% | Hold |
| 31 | EGGFWS | EG ACQUISITION CORP | 200.83K | $28.00K | 0.00% | Hold |
| 32 | LGVWS | LONGVIEW ACQUISITION CORP II | 200.00K | $26.00K | 0.00% | Hold |