Latest Corvex Management LP Stock Portfolio
Corvex Management LP Performance:
2024 Q4: -0.12%YTD: 12.6%2023: 6.85%
Performance for 2024 Q4 is -0.12%, and YTD is 12.6%, and 2023 is 6.85%.
About Corvex Management LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Corvex Management LP reported an equity portfolio of $3.6 Billions as of 31 Dec, 2024.
The top stock holdings of Corvex Management LP are SWX, , ILMN. The fund has invested 9.4% of it's portfolio in SOUTHWEST GAS HLDGS INC and 7.2% of portfolio in VESTIS CORPORATION.
The fund managers got completely rid off HEXCEL CORP NEW (HXL) and AIR PRODS & CHEMS INC (APD) stocks. They significantly reduced their stock positions in LIBERTY MEDIA CORP DEL (BATRA), MDU RES GROUP INC (MDU) and ILLUMINA INC (ILMN). Corvex Management LP opened new stock positions in ISHARES BITCOIN TRUST ETF, UGI CORP NEW (UGI) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). The fund showed a lot of confidence in some stocks as they added substantially to DOLLAR TREE INC (DLTR), COCA-COLA FEMSA SAB DE CV (KOF) and CSX CORP (CSX).
The top stock holdings of Corvex Management LP are SWX, , ILMN. The fund has invested 9.4% of it's portfolio in SOUTHWEST GAS HLDGS INC and 7.2% of portfolio in VESTIS CORPORATION.
The fund managers got completely rid off HEXCEL CORP NEW (HXL) and AIR PRODS & CHEMS INC (APD) stocks. They significantly reduced their stock positions in LIBERTY MEDIA CORP DEL (BATRA), MDU RES GROUP INC (MDU) and ILLUMINA INC (ILMN). Corvex Management LP opened new stock positions in ISHARES BITCOIN TRUST ETF, UGI CORP NEW (UGI) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). The fund showed a lot of confidence in some stocks as they added substantially to DOLLAR TREE INC (DLTR), COCA-COLA FEMSA SAB DE CV (KOF) and CSX CORP (CSX).
Corvex Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Corvex Management LP made a return of -0.12% in the last quarter. In trailing 12 months, it's portfolio return was 12.6%.
New Buys
| Ticker | $ Bought |
|---|---|
| ishares bitcoin trust etf | 62,333,800 |
| ugi corp new | 55,353,800 |
| taiwan semiconductor mfg ltd | 39,666,700 |
| everus constr group | 21,217,900 |
| wyndham hotels & resorts inc | 3,461,630 |
New stocks bought by Corvex Management LP
Additions
| Ticker | % Inc. |
|---|---|
| dollar tree inc | 155 |
| coca-cola femsa sab de cv | 138 |
| csx corp | 69.01 |
| iac inc | 61.82 |
| fortrea hldgs inc | 56.74 |
| algonquin pwr utils corp | 9.99 |
| cheniere energy inc | 9.69 |
| amazon com inc | 9.16 |
Additions to existing portfolio by Corvex Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| liberty media corp del | -37.39 |
| mdu res group inc | -29.94 |
| illumina inc | -25.46 |
| liberty media corp del | -1.55 |
| mgm resorts international | -0.89 |
Corvex Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| hexcel corp new | -30,124,400 |
| air prods & chems inc | -2,590,340 |
Corvex Management LP got rid off the above stocks
Sector Distribution
Corvex Management LP has about 28.8% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 28.8 |
| Utilities | 14.4 |
| Consumer Cyclical | 12 |
| Industrials | 9.3 |
| Healthcare | 8.3 |
| Communication Services | 8.3 |
| Consumer Defensive | 7.9 |
| 7 | |
| Technology | 2.8 |
| Energy | 1.1 |
Market Cap. Distribution
Corvex Management LP has about 41.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 29.3 |
| UNALLOCATED | 28.8 |
| MID-CAP | 23.1 |
| MEGA-CAP | 11.9 |
| SMALL-CAP | 7 |
Stocks belong to which Index?
About 57.7% of the stocks held by Corvex Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 42.4 |
| S&P 500 | 40.1 |
| RUSSELL 2000 | 17.6 |
Corvex Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Corvex Management LP
Corvex Management LP has 33 stocks in it's portfolio. About 52.9% of the portfolio is in top 10 stocks. MDU proved to be the most loss making stock for the portfolio. SMFR was the most profitable stock for Corvex Management LP last quarter.
Last Reported on: 14 Feb, 2025| Ticker | Namesorted descending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| SWX | southwest gas hldgs inc | 9.36 | 4,769,100 | 337,223,000 | unchanged | 0.00 | ||
| vestis corporation | 7.19 | 17,007,900 | 259,200,000 | unchanged | 0.00 | |||
| ILMN | illumina inc | 6.30 | 1,700,160 | 227,192,000 | reduced | -25.46 | ||
| DLTR | dollar tree inc | 6.00 | 2,886,740 | 216,332,000 | added | 155 | ||
| MGM | mgm resorts international | 5.47 | 5,687,480 | 197,071,000 | reduced | -0.89 | ||
| SMFR | genedx holdings corp | 5.28 | 2,473,780 | 190,135,000 | unchanged | 0.00 | ||
| MDU | mdu res group inc | 3.56 | 7,108,830 | 128,101,000 | reduced | -29.94 | ||
| AMZN | amazon com inc | 3.44 | 565,029 | 123,962,000 | added | 9.16 | ||
| GOOG | alphabet inc | 3.38 | 643,209 | 121,759,000 | unchanged | 0.00 | ||
| IAC | iac inc | 2.89 | 2,410,370 | 103,983,000 | added | 61.82 | ||
| BATRA | liberty media corp del | 2.83 | 1,534,220 | 102,118,000 | reduced | -1.55 | ||
| KOF | coca-cola femsa sab de cv | 2.31 | 1,066,110 | 83,039,200 | added | 138 | ||
| MSFT | microsoft corp | 2.03 | 173,661 | 73,198,100 | unchanged | 0.00 | ||
| NSC | norfolk southn corp | 1.94 | 297,431 | 69,807,100 | added | 9.02 | ||
| fortrea hldgs inc | 1.80 | 3,480,900 | 64,918,700 | added | 56.74 | |||
| ishares bitcoin trust etf | 1.73 | 1,175,000 | 62,333,800 | new | ||||
| coca-cola europacific partne | 1.70 | 799,325 | 61,396,200 | unchanged | 0.00 | |||
| CSX | csx corp | 1.57 | 1,753,070 | 56,571,500 | added | 69.01 | ||
| UGI | ugi corp new | 1.54 | 1,960,820 | 55,353,800 | new | |||
| TSM | taiwan semiconductor mfg ltd | 1.10 | 200,854 | 39,666,700 | new | |||
