Corvex Management LP — SOUTHWEST GAS HLDGS INC SWX: Quarterly 13F Position History
Corvex Management LP has reported SOUTHWEST GAS HLDGS INC (SWX) on 17 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2022. As of Q1 2026, the position is sized at 4,318,161 shares ($375.2M market value, 14.92% of the equity book). Quarter-over-quarter share count change: 712,395 (-14.2%) .
- 4,318,161Shares Held (Latest Filing)
- $375.2MReported Market Value (Latest Filing)
- 14.92%Portfolio Weight (% of 13F Equity Book)
- 712,395Quarter-over-Quarter Share Change
- -$27.3MQuarter-over-Quarter Value Change
- 5,030,556Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 17 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 4,318,161 | 712,395 | -14.2% | $375.2M | 14.92% | $86.90 |
| Q4 2025 | 5,030,556 | 0 | — | $402.5M | 13.39% | $80.02 |
| Q3 2025 | 5,030,556 | 0 | — | $394.1M | 14.12% | $78.34 |
| Q2 2025 | 5,030,556 | +261,458 | +5.5% | $374.2M | 15.84% | $74.39 |
| Q1 2025 | 4,769,098 | 0 | — | $342.4M | 13.29% | $71.80 |
| Q4 2024 | 4,769,098 | 0 | — | $337.2M | 12.38% | $70.71 |
| Q3 2024 | 4,769,098 | 0 | — | $351.8M | 14.41% | $73.76 |
| Q2 2024 | 4,769,098 | 0 | — | $335.6M | 15.85% | $70.38 |
| Q1 2024 | 4,769,098 | 0 | — | $363.1M | 18.44% | $76.13 |
| Q4 2023 | 4,769,098 | +1,338,075 | +39.0% | $302.1M | 16.22% | $63.35 |
| Q3 2023 | 3,431,023 | +1,370,951 | +66.5% | $207.3M | 11.76% | $60.41 |
| Q2 2023 | 2,060,072 | +1,147,283 | +125.7% | $131.1M | 7.26% | $63.65 |
| Q1 2023 | 912,789 | +875,019 | +2316.7% | $57.0M | 3.42% | $62.45 |
| Q4 2022 | 37,770 | 196,349 | -83.9% | $2.3M | 0.16% | $61.88 |
| Q3 2022 | 234,119 | +234,119 | — | $16.3M | 1.01% | $69.75 |
| Q2 2022 | 0 | 70,000 | -100.0% | $0 | 0.00% | — |
| Q1 2022 | 70,000 | — | — | $5.5M | 0.40% | $78.29 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Corvex Management LP first disclose a SWX position in 13F-HR filings?
Corvex Management LP first reported SOUTHWEST GAS HLDGS INC (SWX) on its 13F-HR filing for the period ending 2022-03-31 (Q1 2022). The position has appeared on 17 reported quarters within Pactolio's tracked window.
What was Corvex Management LP's most recent quarter-over-quarter share-count change in SWX?
Between Q4 2025 and Q1 2026, Corvex Management LP reduced its SWX position by 712,395 shares (-14.2%), leaving 4,318,161 shares at a market value of $375.2M.
Does the implied price-per-share represent Corvex Management LP's cost basis in SWX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.