Corvex Management LP Hedge Fund

Location: New York, NY

CIK: 0001535472 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value: $2.802B (100.0% shares, 0.0% debt)

Holdings (38)

MGM MGM RESORTS INTERNATIONAL 25.3%

Value $710M Shares 22,537,696 Share Price $31.51 * Est. Cost/Share $26.96 Unrealized @ Report Date -4.6%

SPY SPDR S&P 500 ETF TR 22.0%

Value $617M Shares 1,650,000 Share Price $373.88 Est. Cost/Share — Unrealized @ Report Date —

OPTU ALTICE USA INC 4.2%

Value $118M Shares 3,104,105 Share Price $37.87 * Est. Cost/Share $27.06 Unrealized @ Report Date +15.7%

— ACTIVISION BLIZZARD INC 3.8%

Value $105M Shares 1,132,636 Share Price $92.85 Est. Cost/Share $76.36 Unrealized @ Report Date —

FE FIRSTENERGY CORP 3.7%

Value $103M Shares 3,352,732 Share Price $30.61 * Est. Cost/Share $24.52 Unrealized @ Report Date -1.1%

TMUS T-MOBILE US INC 3.4%

Value $94.52M Shares 700,900 Share Price $134.85 * Est. Cost/Share $92.61 Unrealized @ Report Date +28.9%

GLD SPDR GOLD TRUST 3.3%

Value $91.5M Shares 513,000 Share Price $178.36 Est. Cost/Share $162.10 Unrealized @ Report Date —

AMZN AMAZON COM INC 3.2%

Value $89.17M Shares 27,380 Share Price $3256.94 * Est. Cost/Share $117.65 Unrealized @ Report Date +35.6%

EXC EXELON CORP 3.2%

Value $88.79M Shares 2,102,999 Share Price $42.22 * Est. Cost/Share $21.79 Unrealized @ Report Date +13.0%

GOOGL ALPHABET INC 2.8%

Value $79.13M Shares 45,150 Share Price $1752.65 * Est. Cost/Share $83.49 Unrealized @ Report Date 0.0%

— IAC INTERACTIVECORP NEW 2.5%

Value $69.13M Shares 365,106 Share Price $189.35 Est. Cost/Share $120.92 Unrealized @ Report Date —

FISV FISERV INC 2.1%

Value $59.21M Shares 520,000 Share Price $113.86 * Est. Cost/Share $107.76 Unrealized @ Report Date 0.0%

WDAY WORKDAY INC 2.0%

Value $57.15M Shares 238,500 Share Price $239.61 * Est. Cost/Share $224.69 Unrealized @ Report Date 0.0%

JPM JPMORGAN CHASE & CO 1.7%

Value $46.58M Shares 366,600 Share Price $127.07 * Est. Cost/Share $86.42 Unrealized @ Report Date +13.6%

EXC EXELON CORP 1.5%

Value $42.22M Shares 1,000,000 Share Price $42.22 * Est. Cost/Share $21.79 Unrealized @ Report Date +13.0%

DIS DISNEY WALT CO 1.5%

Value $41.34M Shares 228,160 Share Price $181.18 * Est. Cost/Share $122.59 Unrealized @ Report Date +14.4%

CCEP COCA COLA EUROPEAN PARTNERS 1.4%

Value $38.61M Shares 774,897 Share Price $49.83 * Est. Cost/Share $35.98 Unrealized @ Report Date 0.0%

ADBE ADOBE SYSTEMS INCORPORATED 1.4%

Value $38.08M Shares 76,148 Share Price $500.12 * Est. Cost/Share $263.53 Unrealized @ Report Date +83.3%

AEO AMERICAN EAGLE OUTFITTERS IN 1.4%

Value $38.02M Shares 1,894,101 Share Price $20.07 * Est. Cost/Share $14.54 Unrealized @ Report Date 0.0%

— ZENDESK INC 1.3%

Value $37.15M Shares 259,568 Share Price $143.12 Est. Cost/Share $103.32 Unrealized @ Report Date —

NFLX NETFLIX INC 1.1%

Value $30.73M Shares 56,825 Share Price $540.73 * Est. Cost/Share $39.36 Unrealized @ Report Date +28.8%

AEO AMERICAN EAGLE OUTFITTERS IN 1.1%

Value $30.11M Shares 1,500,000 Share Price $20.07 * Est. Cost/Share $14.54 Unrealized @ Report Date 0.0%

— LIBERTY MEDIA CORP DEL 0.8%

Value $23.54M Shares 540,916 Share Price $43.51 Est. Cost/Share $43.51 Unrealized @ Report Date —

— LIBERTY MEDIA CORP DEL 0.8%

Value $22.77M Shares 527,091 Share Price $43.19 Est. Cost/Share $43.19 Unrealized @ Report Date —

HCA HCA HEALTHCARE INC 0.8%

Value $21.38M Shares 130,000 Share Price $164.46 * Est. Cost/Share $118.28 Unrealized @ Report Date +18.2%

GPN GLOBAL PMTS INC 0.6%

Value $17.66M Shares 82,000 Share Price $215.41 * Est. Cost/Share $178.40 Unrealized @ Report Date 0.0%

HUM HUMANA INC 0.5%

Value $15.04M Shares 36,670 Share Price $410.28 * Est. Cost/Share $345.04 Unrealized @ Report Date +14.9%

— RADIUS GLOBAL INFRASTRCTRE I 0.5%

Value $12.85M Shares 1,000,000 Share Price $12.85 Est. Cost/Share $12.85 Unrealized @ Report Date —

— SIRIUS XM HOLDINGS INC 0.5%

Value $12.74M Shares 2,000,000 Share Price $6.37 Est. Cost/Share — Unrealized @ Report Date —

EVRG EVERGY INC 0.4%

Value $12.16M Shares 219,145 Share Price $55.51 * Est. Cost/Share $47.06 Unrealized @ Report Date -5.1%

— BLUESCAPE OPPORTUNITIES ACQU 0.4%

Value $11.16M Shares 1,000,000 Share Price $11.16 Est. Cost/Share $11.16 Unrealized @ Report Date —

— LIBERTY MEDIA CORP DEL 0.4%

Value $11.14M Shares 261,500 Share Price $42.60 Est. Cost/Share $36.44 Unrealized @ Report Date —

CNP CENTERPOINT ENERGY INC 0.2%

Value $6.833M Shares 315,751 Share Price $21.64 * Est. Cost/Share $15.78 Unrealized @ Report Date +23.1%

— STAR PEAK ENERGY TRANSITION 0.2%

Value $5.243M Shares 256,246 Share Price $20.46 Est. Cost/Share $20.46 Unrealized @ Report Date —

— LIBERTY MEDIA CORP DEL 0.1%

Value $3.799M Shares 100,000 Share Price $37.99 Est. Cost/Share $33.51 Unrealized @ Report Date —

FIVE FIVE BELOW INC 0.0%

Value $1.021M Shares 5,837 Share Price $174.92 * Est. Cost/Share $128.08 Unrealized @ Report Date +15.6%

META FACEBOOK INC 0.0%

Value $574K Shares 2,100 Share Price $273.33 Est. Cost/Share $272.24 Unrealized @ Report Date 0.0%

— FALCON MINERALS CORP 0.0%

Value $128K Shares 878,024 Share Price $0.15 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	22,537,696	$710M	25.3%	$31.51 *	$26.96	-4.6%	COM	552953101
SPY	SPDR S&P 500 ETF TR	1,650,000	$617M	22.0%	$373.88	—	—	Put	78462F103
OPTU	ALTICE USA INC	3,104,105	$118M	4.2%	$37.87 *	$27.06	+15.7%	CL A	02156K103
—	ACTIVISION BLIZZARD INC	1,132,636	$105M	3.8%	$92.85	$76.36	—	COM	00507V109
FE	FIRSTENERGY CORP	3,352,732	$103M	3.7%	$30.61 *	$24.52	-1.1%	COM	337932107
TMUS	T-MOBILE US INC	700,900	$94.52M	3.4%	$134.85 *	$92.61	+28.9%	COM	872590104
GLD	SPDR GOLD TRUST	513,000	$91.5M	3.3%	$178.36	$162.10	—	GOLD SHS	78463V107
AMZN	AMAZON COM INC	27,380	$89.17M	3.2%	$3256.94 *	$117.65	+35.6%	COM	023135106
EXC	EXELON CORP	2,102,999	$88.79M	3.2%	$42.22 *	$21.79	+13.0%	COM	30161N101
GOOGL	ALPHABET INC	45,150	$79.13M	2.8%	$1752.65 *	$83.49	0.0%	CAP STK CL A	02079K305
—	IAC INTERACTIVECORP NEW	365,106	$69.13M	2.5%	$189.35	$120.92	—	COM	44891N109
FISV	FISERV INC	520,000	$59.21M	2.1%	$113.86 *	$107.76	0.0%	COM	337738108
WDAY	WORKDAY INC	238,500	$57.15M	2.0%	$239.61 *	$224.69	0.0%	CL A	98138H101
JPM	JPMORGAN CHASE & CO	366,600	$46.58M	1.7%	$127.07 *	$86.42	+13.6%	COM	46625H100
EXC	EXELON CORP	1,000,000	$42.22M	1.5%	$42.22 *	$21.79	+13.0%	Call	30161N101
DIS	DISNEY WALT CO	228,160	$41.34M	1.5%	$181.18 *	$122.59	+14.4%	COM	254687106
CCEP	COCA COLA EUROPEAN PARTNERS	774,897	$38.61M	1.4%	$49.83 *	$35.98	0.0%	SHS	G25839104
ADBE	ADOBE SYSTEMS INCORPORATED	76,148	$38.08M	1.4%	$500.12 *	$263.53	+83.3%	COM	00724F101
AEO	AMERICAN EAGLE OUTFITTERS IN	1,894,101	$38.02M	1.4%	$20.07 *	$14.54	0.0%	COM	02553E106
—	ZENDESK INC	259,568	$37.15M	1.3%	$143.12	$103.32	—	COM	98936J101
NFLX	NETFLIX INC	56,825	$30.73M	1.1%	$540.73 *	$39.36	+28.8%	COM	64110L106
AEO	AMERICAN EAGLE OUTFITTERS IN	1,500,000	$30.11M	1.1%	$20.07 *	$14.54	0.0%	Call	02553E106
—	LIBERTY MEDIA CORP DEL	540,916	$23.54M	0.8%	$43.51	$43.51	—	COM C SIRIUSXM	531229607
—	LIBERTY MEDIA CORP DEL	527,091	$22.77M	0.8%	$43.19	$43.19	—	COM A SIRIUSXM	531229409
HCA	HCA HEALTHCARE INC	130,000	$21.38M	0.8%	$164.46 *	$118.28	+18.2%	COM	40412C101
GPN	GLOBAL PMTS INC	82,000	$17.66M	0.6%	$215.41 *	$178.40	0.0%	COM	37940X102
HUM	HUMANA INC	36,670	$15.04M	0.5%	$410.28 *	$345.04	+14.9%	COM	444859102
—	RADIUS GLOBAL INFRASTRCTRE I	1,000,000	$12.85M	0.5%	$12.85	$12.85	—	COM CL A	750481103
—	SIRIUS XM HOLDINGS INC	2,000,000	$12.74M	0.5%	$6.37	—	—	Put	82968B103
EVRG	EVERGY INC	219,145	$12.16M	0.4%	$55.51 *	$47.06	-5.1%	COM	30034W106
—	BLUESCAPE OPPORTUNITIES ACQU	1,000,000	$11.16M	0.4%	$11.16	$11.16	—	UNIT 99/99/9999	G1195N121
—	LIBERTY MEDIA CORP DEL	261,500	$11.14M	0.4%	$42.60	$36.44	—	COM SER C FRMLA	531229854
CNP	CENTERPOINT ENERGY INC	315,751	$6.833M	0.2%	$21.64 *	$15.78	+23.1%	COM	15189T107
—	STAR PEAK ENERGY TRANSITION	256,246	$5.243M	0.2%	$20.46	$20.46	—	CL A	855185104
—	LIBERTY MEDIA CORP DEL	100,000	$3.799M	0.1%	$37.99	$33.51	—	COM SER A FRMLA	531229870
FIVE	FIVE BELOW INC	5,837	$1.021M	0.0%	$174.92 *	$128.08	+15.6%	COM	33829M101
META	FACEBOOK INC	2,100	$574K	0.0%	$273.33	$272.24	0.0%	CL A	30303M102
—	FALCON MINERALS CORP	878,024	$128K	0.0%	$0.15	$1.72	—	*W EXP 07/21/202	30607B208