Corvex Management LP Buys Exelon Corp, IAC/InterActiveCorp, Illumina Inc, Sells Madison Square Garden Sports Corp, Amazon.com Inc, IAA Inc

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New York, NY, based Investment company Corvex Management LP (Current Portfolio) buys Exelon Corp, IAC/InterActiveCorp, Illumina Inc, FirstEnergy Corp, AECOM, sells Madison Square Garden Sports Corp, Amazon.com Inc, IAA Inc, Centene Corp, Tiffany during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Corvex Management LP. As of 2020Q3, Corvex Management LP owns 34 stocks with a total value of $1.7 billion. These are the details of the buys and sells.

For the details of Corvex Management LP's stock buys and sells, go to https://www.gurufocus.com/guru/corvex+management+lp/current-portfolio/portfolio

These are the top 5 holdings of Corvex Management LP
  1. MGM Resorts International (MGM) - 22,537,696 shares, 28.17% of the total portfolio.
  2. Exelon Corp (EXC) - 3,713,059 shares, 7.63% of the total portfolio. Shares added by 71.08%
  3. T-Mobile US Inc (TMUS) - 929,450 shares, 6.11% of the total portfolio. Shares reduced by 7.06%
  4. SPDR GOLD TRUST (GLD) - 513,000 shares, 5.22% of the total portfolio.
  5. Alibaba Group Holding Ltd (BABA) - 282,795 shares, 4.78% of the total portfolio. Shares added by 0.96%
New Purchase: IAC/InterActiveCorp (IAC)

Corvex Management LP initiated holding in IAC/InterActiveCorp. The purchase prices were between $106.71 and $137.46, with an estimated average price of $125.5. The stock is now traded at around $137.86. The impact to a portfolio due to this purchase was 2.47%. The holding were 359,106 shares as of .

New Purchase: Illumina Inc (ILMN)

Corvex Management LP initiated holding in Illumina Inc. The purchase prices were between $268.51 and $400.74, with an estimated average price of $354.32. The stock is now traded at around $300.80. The impact to a portfolio due to this purchase was 2.22%. The holding were 125,000 shares as of .

New Purchase: FirstEnergy Corp (FE)

Corvex Management LP initiated holding in FirstEnergy Corp. The purchase prices were between $27.09 and $42.14, with an estimated average price of $31.47. The stock is now traded at around $28.00. The impact to a portfolio due to this purchase was 1.98%. The holding were 1,197,500 shares as of .

New Purchase: AECOM (ACM)

Corvex Management LP initiated holding in AECOM. The purchase prices were between $35.14 and $41.84, with an estimated average price of $38.09. The stock is now traded at around $50.23. The impact to a portfolio due to this purchase was 1.94%. The holding were 805,902 shares as of .

New Purchase: Twitter Inc (TWTR)

Corvex Management LP initiated holding in Twitter Inc. The purchase prices were between $30.81 and $45.33, with an estimated average price of $38.28. The stock is now traded at around $44.69. The impact to a portfolio due to this purchase was 1.72%. The holding were 671,900 shares as of .

New Purchase: The Walt Disney Co (DIS)

Corvex Management LP initiated holding in The Walt Disney Co. The purchase prices were between $112.18 and $135.54, with an estimated average price of $124.91. The stock is now traded at around $141.07. The impact to a portfolio due to this purchase was 1.58%. The holding were 222,260 shares as of .

Added: Exelon Corp (EXC)

Corvex Management LP added to a holding in Exelon Corp by 71.08%. The purchase prices were between $34.48 and $39.4, with an estimated average price of $37.18. The stock is now traded at around $41.87. The impact to a portfolio due to this purchase was 3.17%. The holding were 3,713,059 shares as of .

Added: Activision Blizzard Inc (ATVI)

Corvex Management LP added to a holding in Activision Blizzard Inc by 52.02%. The purchase prices were between $76.18 and $86.84, with an estimated average price of $81.04. The stock is now traded at around $76.81. The impact to a portfolio due to this purchase was 1.14%. The holding were 717,536 shares as of .

Added: CenterPoint Energy Inc (CNP)

Corvex Management LP added to a holding in CenterPoint Energy Inc by 63.47%. The purchase prices were between $18.86 and $20.98, with an estimated average price of $19.62. The stock is now traded at around $23.46. The impact to a portfolio due to this purchase was 1.12%. The holding were 2,587,254 shares as of .

Sold Out: IAA Inc (IAA)

Corvex Management LP sold out a holding in IAA Inc. The sale prices were between $38.04 and $53.62, with an estimated average price of $46.52.

Sold Out: Centene Corp (CNC)

Corvex Management LP sold out a holding in Centene Corp. The sale prices were between $54.3 and $67.74, with an estimated average price of $62.15.

Sold Out: Tiffany & Co (TIF)

Corvex Management LP sold out a holding in Tiffany & Co. The sale prices were between $113.19 and $127.25, with an estimated average price of $121.51.

Sold Out: Falcon Minerals Corp (FLMN)

Corvex Management LP sold out a holding in Falcon Minerals Corp. The sale prices were between $2.32 and $3.2, with an estimated average price of $2.81.



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