Corvex Management Portfolio
Corvex Management 13F filer (CIK 0001535472).
Q1 2025 · 32 positions · Total reported value $2.64B · Top-10 concentration 70.4%
Turnover: 60.0% · 5 new · 7 cut · 6 exited
Active Share (vs S&P 500): 91.2% · vs QQQ: 91.1% — share of the book that differs from index weights (higher = more active) · ranking
In its Q1 2025 13F filing, Corvex Management disclosed 32 equity positions with a combined reported value of $2.64B. The filing implies a focused portfolio: its ten largest positions account for 70.4% of reported value. HoldingsHub classifies the profile as Mid / Focused / High Turnover.
The largest disclosed positions as of Q1 2025 were SWX ($342.42M), ILMN ($303.84M), DLTR ($241.03M). By sector, the heaviest allocations are Consumer Discretionary 28.6%, Health Care 21.1%. Versus the prior quarter, allocation shifted toward Utilities (+8.3pp), Health Care (+7.5pp) and away from Technology (-1.2pp), Financials (-1.4pp).
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 70% 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 | SWX | SOUTHWEST GAS HLDGS INC | 4.77M | $342.42M | 12.96% | Hold |
| 2 | ILMN | ILLUMINA INC | 3.83M | $303.84M | 11.50% | Add |
| 3 | DLTR | DOLLAR TREE INC | 3.21M | $241.03M | 9.13% | Add |
| 4 | WGS | GENEDX HOLDINGS CORP | 2.47M | $219.09M | 8.29% | Hold |
| 5 | MGM | MGM RESORTS INTERNATIONAL | 5.69M | $168.58M | 6.38% | Hold |
| 6 | VSTS | VESTIS CORPORATION | 17.01M | $168.38M | 6.38% | Hold |
| 7 | IAC | IAC INC | 2.41M | $110.73M | 4.19% | Hold |
| 8 | AMZN | AMAZON COM INC | 565.03K | $107.50M | 4.07% | Hold |
| 9 | GOOGL | ALPHABET INC | 643.21K | $99.47M | 3.77% | Hold |
| 10 | MDU | MDU RES GROUP INC | 5.87M | $99.29M | 3.76% | Reduce |
| 11 | KOF | COCA-COLA FEMSA SAB DE CV | 998.71K | $91.17M | 3.45% | Reduce |
| 12 | SRE | SEMPRA | 1.06M | $75.36M | 2.85% | New |
| 13 | NSC | NORFOLK SOUTHN CORP | 297.43K | $70.45M | 2.67% | Hold |
| 14 | LLYVA | LIBERTY LIVE HOLDINGS INC | 1.02M | $68.66M | 2.60% | Reduce |
| 15 | MSFT | MICROSOFT CORP | 173.66K | $65.19M | 2.47% | Hold |
| 16 | UGI | UGI CORP NEW | 1.96M | $64.84M | 2.46% | Hold |
| 17 | CSX | CSX CORP | 1.75M | $51.59M | 1.95% | Hold |
| 18 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 310.35K | $51.52M | 1.95% | Add |
| 19 | IWM | ISHARES TR | 257.50K | $51.37M | 1.95% | New |
| 20 | HSII | HEIDRICK & STRUGGLES INTL IN | 1.00M | $42.94M | 1.63% | New |
| 21 | FTRE | FORTREA HLDGS INC | 4.47M | $33.79M | 1.28% | Add |
| 22 | LNG | CHENIERE ENERGY INC | 140.40K | $32.49M | 1.23% | Hold |
| 23 | AQN | ALGONQUIN POWER & UTILITIES | 5.68M | $29.22M | 1.11% | Add |
| 24 | IAS | INTEGRAL AD SCIENCE HLDNG CO | 2.62M | $21.10M | 0.80% | New |
| 25 | PLTR | PALANTIR TECHNOLOGIES INC | 200.00K | $16.88M | 0.64% | Reduce |
| 26 | IBIT | ISHARES BITCOIN TRUST ETF | 196.75K | $9.21M | 0.35% | Reduce |
| 27 | NVDA | NVIDIA CORPORATION | 16.25K | $1.76M | 0.07% | Hold |
| 28 | META | META PLATFORMS INC. CLASS A | 2.40K | $1.38M | 0.05% | Hold |
| 29 | AMBP | ARDAGH METAL PACKAGING S A | 398.83K | $1.20M | 0.05% | Hold |
| 30 | TSLA | TESLA INC | 2.85K | $738.61K | 0.03% | Hold |
| 31 | LAB | STANDARD BIOTOOLS INC | 44.40K | $47.95K | 0.00% | Hold |
| 32 | FLYXWS | FLYEXCLUSIVE INC | 200.83K | $20.08K | 0.00% | Hold |