Corvex Management LP Hedge Fund

Location: New York, NY

CIK: 0001535472 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 14, 2019

Total Value: $2.018B (99.6% shares, 0.4% debt)

Holdings (31)

MGM MGM RESORTS INTERNATIONAL 28.3%

Value $570M Shares 20,563,696 Share Price $27.72 Est. Cost/Share $27.00 Unrealized @ Report Date +4.7%

FANG DIAMONDBACK ENERGY INC 13.1%

Value $264M Shares 2,935,307 Share Price $89.91 * Est. Cost/Share $86.11 Unrealized @ Report Date -10.1%

SPY SPDR S&P 500 ETF TR 11.8%

Value $237M Shares 800,000 Share Price $296.77 Est. Cost/Share — Unrealized @ Report Date —

MSGS MADISON SQUARE GARDEN CO NEW 5.3%

Value $108M Shares 409,148 Share Price $263.52 * Est. Cost/Share $197.59 Unrealized @ Report Date -0.8%

— ZENDESK INC 3.6%

Value $73.5M Shares 1,008,518 Share Price $72.88 Est. Cost/Share $72.88 Unrealized @ Report Date —

ADBE ADOBE INC 3.3%

Value $67.55M Shares 244,533 Share Price $276.25 * Est. Cost/Share $263.53 Unrealized @ Report Date +10.8%

NFLX NETFLIX INC 3.3%

Value $66.91M Shares 250,000 Share Price $267.62 * Est. Cost/Share $36.08 Unrealized @ Report Date -13.3%

TMUS T MOBILE US INC 3.3%

Value $66.5M Shares 844,234 Share Price $78.77 * Est. Cost/Share $60.08 Unrealized @ Report Date +26.0%

— FORESCOUT TECHNOLOGIES INC 3.1%

Value $62.18M Shares 1,639,734 Share Price $37.92 Est. Cost/Share $36.72 Unrealized @ Report Date —

AMZN AMAZON COM INC 3.0%

Value $61.1M Shares 35,200 Share Price $1735.91 * Est. Cost/Share $85.78 Unrealized @ Report Date +8.1%

MPC MARATHON PETE CORP 2.9%

Value $57.71M Shares 950,000 Share Price $60.75 Est. Cost/Share — Unrealized @ Report Date —

— RAYTHEON CO 2.3%

Value $47.33M Shares 241,256 Share Price $196.19 Est. Cost/Share $196.19 Unrealized @ Report Date —

— ELDORADO RESORTS INC 2.0%

Value $39.87M Shares 1,000,000 Share Price $39.87 Est. Cost/Share — Unrealized @ Report Date —

— RATTLER MIDSTREAM LP 1.8%

Value $36.41M Shares 2,043,316 Share Price $17.82 Est. Cost/Share $19.39 Unrealized @ Report Date —

WDAY WORKDAY INC 1.8%

Value $36.32M Shares 213,700 Share Price $169.96 * Est. Cost/Share $193.05 Unrealized @ Report Date 0.0%

NFLX NETFLIX INC 1.7%

Value $35.06M Shares 131,000 Share Price $267.62 * Est. Cost/Share $36.08 Unrealized @ Report Date -13.3%

GOOGL ALPHABET INC 1.7%

Value $34.19M Shares 28,000 Share Price $1221.14 * Est. Cost/Share $58.78 Unrealized @ Report Date 0.0%

TWLO TWILIO INC 1.4%

Value $27.27M Shares 248,000 Share Price $109.96 * Est. Cost/Share $129.67 Unrealized @ Report Date 0.0%

BX BLACKSTONE GROUP INC 1.2%

Value $24.42M Shares 500,000 Share Price $48.84 Est. Cost/Share — Unrealized @ Report Date —

NOW SERVICENOW INC 1.0%

Value $20.05M Shares 79,000 Share Price $253.85 * Est. Cost/Share $54.38 Unrealized @ Report Date 0.0%

— UNITED TECHNOLOGIES CORP 0.8%

Value $17.13M Shares 125,500 Share Price $136.52 Est. Cost/Share — Unrealized @ Report Date —

— SPDR SERIES TRUST 0.7%

Value $13.19M Shares 590,000 Share Price $22.36 Est. Cost/Share — Unrealized @ Report Date —

— SPRINT CORPORATION 0.6%

Value $12.34M Shares 2,000,000 Share Price $6.17 Est. Cost/Share — Unrealized @ Report Date —

— SLACK TECHNOLOGIES INC 0.6%

Value $11.71M Shares 493,639 Share Price $23.73 Est. Cost/Share $34.89 Unrealized @ Report Date —

META FACEBOOK INC 0.5%

Value $10.15M Shares 57,000 Share Price $178.09 * Est. Cost/Share $136.13 Unrealized @ Report Date +38.7%

— MEDICINES CO 0.4%

Value $7.585M Shares 5,000,000 Share Price $1.52 Est. Cost/Share $1.14 Unrealized @ Report Date —

PACK RANPAK HLDGS CORP 0.2%

Value $4.545M Shares 750,000 Share Price $6.06 * Est. Cost/Share $9.96 Unrealized @ Report Date -33.5%

INFY INFOSYS LTD 0.1%

Value $2.843M Shares 250,000 Share Price $11.37 Est. Cost/Share $11.37 Unrealized @ Report Date —

— FGL HLDGS 0.1%

Value $1.359M Shares 170,313 Share Price $7.98 Est. Cost/Share $10.07 Unrealized @ Report Date —

— FALCON MINERALS CORP 0.0%

Value $834K Shares 145,070 Share Price $5.75 Est. Cost/Share $11.00 Unrealized @ Report Date —

— FALCON MINERALS CORP 0.0%

Value $324K Shares 878,024 Share Price $0.37 Est. Cost/Share $1.72 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MGM	MGM RESORTS INTERNATIONAL	20,563,696	$570M	28.3%	$27.72	$27.00	+4.7%	COM	552953101
FANG	DIAMONDBACK ENERGY INC	2,935,307	$264M	13.1%	$89.91 *	$86.11	-10.1%	COM	25278X109
SPY	SPDR S&P 500 ETF TR	800,000	$237M	11.8%	$296.77	—	—	Put	78462F103
MSGS	MADISON SQUARE GARDEN CO NEW	409,148	$108M	5.3%	$263.52 *	$197.59	-0.8%	CL A	55825T103
—	ZENDESK INC	1,008,518	$73.5M	3.6%	$72.88	$72.88	—	COM	98936J101
ADBE	ADOBE INC	244,533	$67.55M	3.3%	$276.25 *	$263.53	+10.8%	COM	00724F101
NFLX	NETFLIX INC	250,000	$66.91M	3.3%	$267.62 *	$36.08	-13.3%	Call	64110L106
TMUS	T MOBILE US INC	844,234	$66.5M	3.3%	$78.77 *	$60.08	+26.0%	COM	872590104
—	FORESCOUT TECHNOLOGIES INC	1,639,734	$62.18M	3.1%	$37.92	$36.72	—	COM	34553D101
AMZN	AMAZON COM INC	35,200	$61.1M	3.0%	$1735.91 *	$85.78	+8.1%	COM	023135106
MPC	MARATHON PETE CORP	950,000	$57.71M	2.9%	$60.75	—	—	Call	56585A102
—	RAYTHEON CO	241,256	$47.33M	2.3%	$196.19	$196.19	—	COM NEW	755111507
—	ELDORADO RESORTS INC	1,000,000	$39.87M	2.0%	$39.87	—	—	Put	28470R102
—	RATTLER MIDSTREAM LP	2,043,316	$36.41M	1.8%	$17.82	$19.39	—	COM UNITS	75419T103
WDAY	WORKDAY INC	213,700	$36.32M	1.8%	$169.96 *	$193.05	0.0%	CL A	98138H101
NFLX	NETFLIX INC	131,000	$35.06M	1.7%	$267.62 *	$36.08	-13.3%	COM	64110L106
GOOGL	ALPHABET INC	28,000	$34.19M	1.7%	$1221.14 *	$58.78	0.0%	CAP STK CL A	02079K305
TWLO	TWILIO INC	248,000	$27.27M	1.4%	$109.96 *	$129.67	0.0%	CL A	90138F102
BX	BLACKSTONE GROUP INC	500,000	$24.42M	1.2%	$48.84	—	—	Put	09260D107
NOW	SERVICENOW INC	79,000	$20.05M	1.0%	$253.85 *	$54.38	0.0%	COM	81762P102
—	UNITED TECHNOLOGIES CORP	125,500	$17.13M	0.8%	$136.52	—	—	Call	913017109
—	SPDR SERIES TRUST	590,000	$13.19M	0.7%	$22.36	—	—	Put	78464A730
—	SPRINT CORPORATION	2,000,000	$12.34M	0.6%	$6.17	—	—	Put	85207U105
—	SLACK TECHNOLOGIES INC	493,639	$11.71M	0.6%	$23.73	$34.89	—	COM CL A	83088V102
META	FACEBOOK INC	57,000	$10.15M	0.5%	$178.09 *	$136.13	+38.7%	Call	30303M102
—	MEDICINES CO	5,000,000	$7.585M	0.4%	$1.52	$1.14	—	NOTE 2.500% 1/1	584688AE5
PACK	RANPAK HLDGS CORP	750,000	$4.545M	0.2%	$6.06 *	$9.96	-33.5%	COM CL A	75321W103
INFY	INFOSYS LTD	250,000	$2.843M	0.1%	$11.37	$11.37	—	SPONSORED ADR	456788108
—	FGL HLDGS	170,313	$1.359M	0.1%	$7.98	$10.07	—	ORD SHS	G3402M102
—	FALCON MINERALS CORP	145,070	$834K	0.0%	$5.75	$11.00	—	CL A COM	30607B109
—	FALCON MINERALS CORP	878,024	$324K	0.0%	$0.37	$1.72	—	*W EXP 07/21/202	30607B208