Corvex Management LP

Hedge Fund • Event Driven

Corvex Management LP is an Event Driven Hedge Fund based in New York, NY led by Keith Arlyn Meister, reporting $4.0B in AUM as of Q3 2025 with 79% concentrated in top 10 holdings.

Managing PartnerKeith Arlyn Meister

Portfolio Value: $2.6B
Positions: 27
Top Holding: SWX at 14.92%
Last Reported: Q3 2025

Address667 Madison Avenue, 2nd Floor, New York, NY, 10065, United States

Top Holdings

Largest long holdings in Corvex Management LP's portfolio (79.2% of total portfolio)

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GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Southwest Gas Holdings SWX	Regulated Gas Utilities	$394.1M	14.92%	—	6.99% 5.0M shares	Q1 2022 Held for 3y 8m
2 Illumina ILMN	Medical - Diagnostics & Research Healthcare	$363.7M	13.76%	—	2.49% 3.8M shares	Q4 2023 Held for 1y 11m
3 GeneDx Holdings WGS	Medical - Healthcare Information Services Healthcare	$329.5M	12.47%	—	10.65% 3.1M shares	Q4 2022 Held for 2y 11m
4 Amazon AMZN	Specialty Retail Consumer Cyclical	$214.6M	8.12%	+$66.4M Bought	0.01% 977.5K shares	Q1 2019 Held for 6y 8m
5 MGM Resorts International MGM	Gambling, Resorts & Casinos Consumer Cyclical	$186.7M	7.06%	-$8.4M Sold	1.98% 5.4M shares	Q2 2018 Held for 7y 5m
6 Union Pacific UNP	Railroads Industrials	$160.2M	6.06%	+$160.2M Bought	0.11% 677.9K shares	Q3 2025 Held for 2 months
7 Restaurant Brands International QSR	Restaurants Consumer Cyclical	$154.5M	5.85%	+$98.5M Bought	0.73% 2.4M shares	Q2 2025 Held for 5 months
8 Oracle ORCL	Software - Infrastructure Technology	$98.3M	3.72%	+$70.3M Bought	0.01% 349.5K shares	Q2 2025 Held for 5 months
9 IAC, Inc. IAC	Internet Content & Information Communication Services	$95.0M	3.60%	+$26.8M Bought	— 2.8M shares	Q4 2022 Held for 2y 11m
10 Liberty Media Corporation LLYVA	Entertainment Communication Services	$94.8M	3.59%	—	1.09% 1.0M shares	Q3 2023 Held for 2y 2m

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GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Corvex Management LP's latest filing

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Market Value

$2.6B

Prior: $2.4B

Q/Q Change

+11.85%

+$280.0M

Net Flows % of MV

+1.39%

Turnover Ratio

16.66%

New Purchases

2 stocks

$114.6M

Added To

4 stocks

+$262.0M

Sold Out Of

7 stocks

$290.1M

Reduced Holdings

2 stocks

-$50.0M

Increased Positions

Position	Shares Δ	Change
1 CX Cemex CX	New	0 → 8.6M +$77.3M
2 Carnival Corporation CCL	New	0 → 1.3M +$37.3M
3 Oracle ORCL	+251.26%	99.5K → 349.5K +$70.3M
4 Restaurant Brands International QSR	+175.86%	873.2K → 2.4M +$98.5M
5 Amazon AMZN	+44.81%	675.0K → 977.5K +$66.4M

Decreased Positions

Position	Shares Δ	Change
1 Sempra Energy SRE	Sold	1.1M → 0 −$80.0M
2 Norfolk Southern NSC	Sold	297.4K → 0 −$76.1M
3 CSX CSX	Sold	1.8M → 0 −$57.2M
4 Alphabet Inc. GOOGL	Sold	225.7K → 0 −$39.8M
5 Integral Ad Science IAS	Sold	2.6M → 0 −$21.8M