Corvex Management took new positions in Salesforce (CRM), Union Pacific (UNP) and The Walt Disney (DIS), trimmed its positions in Dollar Tree (DLTR) and MGM Resorts International (MGM), while exiting Alphabet (GOOGL) (GOOG) and Sempra (SRE) among its Q3 moves.
The fund disclosed the information in its latest 13F filing, which was published on Friday.
The Keith Meister-led fund acquired 1,308,000 shares in Disney, 8,600,275 shares in Cemex (CX), 1,290,810 shares in Carnival (CCL), 677,863 shares in Union Pacific, and 14,500 shares in Salesforce.
According to the filing, the fund increased its position in Oracle (ORCL) from 99,500 shares to 349,500 shares; in Amazon (AMZN) from 675,029 shares to 977,529 shares; in Restaurant Brands International (QSR) from 873,182 shares to 2,408,743 shares, and in IAC (IAC) from 2,000,920 shares to 2,788,379 shares.
On the other hand, the fund reduced its position in Dollar Tree from 981,899 shares to 541,300 shares and in MGM Resorts International from 5,627,478 shares to 5,385,478 shares.
The fund exited its position in Alphabet, Sempra, Norfolk Southern (NSC), CSX Corporation (CSX) and Integral Ad Science (IAS).