Corvex Management LP 13F: Quarter-over-Quarter Portfolio Changes
Corvex Management LP reported a disclosed portfolio value of approximately $2.5 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 16.4% quarter on quarter. Over the quarter, the fund initiated 3 new positions, bought more shares in 3 holdings, trimmed 8 holdings, and exited 2 positions.
Corvex Management LP's top buy was a new stake in Costar Group INC (CSGP) , equal to 1.4% of the disclosed portfolio. Its top sell was Oracle CORP (ORCL) . The fund exited the position completely after it had accounted for 2.6% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| COSTAR GROUP INC | CSGP | 1.4% | Holders → |
| LIONSGATE STUDIOS CORP | LION | 0.6% | Holders → |
| ISHARES TR | IWM | 0.0% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| DISNEY WALT CO | DIS | +0.9% | +11.2% | History → |
| GENEDX HOLDINGS CORP | WGS | +-5.0% | +5.5% | History → |
| FORTREA HLDGS INC | FTRE | +-0.8% | +3.0% | Holders → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| RESTAURANT BRANDS INTERNATIONAL, INC. | QSR | -0.8% | 34.5% | History → |
| ARDAGH METAL PACKAGING S A | AMBP | -0.0% | 29.6% | Holders → |
| UNION PACIFIC | UNP | -0.6% | 29.4% | History → |
| MICROSOFT | MSFT | -0.9% | 24.2% | Holders → |
| SOUTHWEST GAS HLDGS INC | SWX | 1.5% | 14.2% | History → |
| AMAZON.COM | AMZN | -0.2% | 10.2% | History → |
| MGM RESORTS INTERNATIONAL | MGM | 1.3% | 0.7% | History → |
| STANDARD BIOTOOLS INC | LAB | -0.0% | 0.1% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ORACLE CORP | ORCL | 2.6% |
| ALGONQUIN POWER & UTILITIES | AQN | 1.3% |
Net Portfolio Value ChangeQ1 2026
- $3.0BPrior quarter
- $2.5BCurrent quarter
- $-0.5BNet delta
- -16.4%% change
Methodology & FAQ
How Corvex Management LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Corvex Management LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Corvex Management LP buy in Q1 2026?
In Q1 2026, Corvex Management LP initiated 3 new positions (COSTAR GROUP INC (CSGP), LIONSGATE STUDIOS CORP (LION), ISHARES TR (IWM)); bought more shares of DISNEY WALT CO (DIS), GENEDX HOLDINGS CORP (WGS), FORTREA HLDGS INC (FTRE).
What stocks did Corvex Management LP sell in Q1 2026?
In Q1 2026, Corvex Management LP fully sold 2 positions (ORACLE CORP (ORCL), ALGONQUIN POWER & UTILITIES (AQN)); reduced holdings in RESTAURANT BRANDS INTERNATIONAL, INC. (QSR), ARDAGH METAL PACKAGING S A (AMBP), UNION PACIFIC (UNP), MICROSOFT (MSFT), SOUTHWEST GAS HLDGS INC (SWX) — the largest 5 of 8 reductions.
Which positions did Corvex Management LP initiate in Q1 2026?
Corvex Management LP established 3 new positions in Q1 2026: COSTAR GROUP INC (CSGP, 1.4%), LIONSGATE STUDIOS CORP (LION, 0.6%), ISHARES TR (IWM, 0.0%).
Which existing positions saw the largest allocation increases for Corvex Management LP in Q1 2026?
Of 3 existing positions with share-count increases in Q1 2026, the largest were: DISNEY WALT CO (DIS, +0.9% weight, +11.2% shares), GENEDX HOLDINGS CORP (WGS, +-5.0% weight, +5.5% shares), FORTREA HLDGS INC (FTRE, +-0.8% weight, +3.0% shares).
Which positions did Corvex Management LP fully exit in Q1 2026?
Corvex Management LP fully exited 2 positions in Q1 2026: ORACLE CORP (ORCL, last-reported weight 2.6%), ALGONQUIN POWER & UTILITIES (AQN, last-reported weight 1.3%).
Which existing positions saw the largest allocation reductions for Corvex Management LP in Q1 2026?
Of 8 existing positions with share-count reductions in Q1 2026, the largest were: RESTAURANT BRANDS INTERNATIONAL, INC. (QSR, -0.8% weight, -34.5% shares), ARDAGH METAL PACKAGING S A (AMBP, -0.0% weight, -29.6% shares), UNION PACIFIC (UNP, -0.6% weight, -29.4% shares), MICROSOFT (MSFT, -0.9% weight, -24.2% shares), SOUTHWEST GAS HLDGS INC (SWX, 1.5% weight, -14.2% shares), AMAZON.COM (AMZN, -0.2% weight, -10.2% shares), MGM RESORTS INTERNATIONAL (MGM, 1.3% weight, -0.7% shares), STANDARD BIOTOOLS INC (LAB, -0.0% weight, -0.1% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.