WhaleCreep

Elliott Investment Management L.P. 13F holdings, Q3 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

Elliott Investment Management L.P. disclosed 27 US equity positions worth $7.1bn in its Q3 2022 13F filing. Its largest position is TFPM at 23.0% of the reported book, followed by HWM and MPC. Versus Q2 2022 it opened 6 new positions, added to 4, reduced 2 and exited 5.

$7.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
27
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
23.0%
Largest position
The largest single position as a share of the reported equity book.
87.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
8
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
26
Quarters on file since Q1 2020
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2022: 6 new, 4 added, 2 reduced, 5 exited

27 rows
TFPM TRIPLE FLAG PRECIOUS METALBasic Materials23.0%$1.6bn129.15m–new
HWM HOWMET AEROSPACE INCIndustrials15.7%$1.1bn36.15m−12%reduced
MPC Marathon Petroleum CorpEnergy15.5%$1.1bn11.06m0.0%held
BTU PEABODY ENERGY CORPEnergy9.0%$642m25.86m0.0%held
NIELSEN HLDGS PLC no ticker–6.5%$460m16.60m0.0%held
PINS PINTEREST INCCommunication Services4.9%$350m15.00m+200%added
SU SUNCOR ENERGY INC NEWEnergy4.0%$282m10.00m0.0%held
LQD ISHARES TR–3.2%$228m2.23m–new
SWCHEUR SWITCH INC–2.7%$195m5.79m0.0%held
VALARIS LTD no ticker–2.4%$169m3.45m+73%added
CAH CARDINAL HEALTH INCHealthcare1.9%$133m2.00m–new
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–1.7%$120m3.00m0.0%held
ETWOGBP E2OPEN PARENT HOLDINGS INC–1.5%$109m18.00m+11%added
UNIT UNITI GROUP INCReal Estate1.4%$98.5m14.17m−31%reduced
CLVT CLARIVATE PLCTechnology1.3%$93.9m10.00m–new
PYPL PAYPAL HLDGS INCFinancial Services1.2%$86.1m1.00m0.0%held
NOBLE CORP PLC no ticker–1.2%$84.3m2.85m–new
0C3 ENDEAVOR GROUP HLDGS INC–0.9%$60.8m3.00m0.0%held
WDC WESTERN DIGITAL CORP.Technology0.5%$38.6m1.19m0.0%held
W WAYFAIR INCConsumer Cyclical0.5%$37.2m55.00m+1000%added
TESLA INC no ticker–0.4%$31.9m2.50m0.0%held
MICROSTRATEGY INC no ticker–0.1%$9.0m12.00m0.0%held
POLESTAR AUTOMOTIVE HLDG UK no ticker–0.1%$7.9m1.57m0.0%held
MERCADOLIBRE INC no ticker–0.1%$7.9m4.00m0.0%held
CRMD CORMEDIX INC–0.06%$4.4m1.55m0.0%held
MICROSTRATEGY INC no ticker–0.03%$2.3m5.00m0.0%held
BHC BAUSCH HEALTH COS INCHealthcare0.0%$101k14,625–new

Exited since Q2 2022

5 rows
CTXSEUR CITRIX SYS INC2.4%$117m
NOBLE CORP NEW no ticker1.5%$72.2m
TWITTER INC no ticker0.7%$35.7m
DO1USD DIAMOND OFFSHORE DRILLING IN0.04%$1.9m
PFG PRINCIPAL FINANCIAL GROUP IN0.01%$334k

Sector mix

  • Energy28.5%
  • Basic Materials23.0%
  • Unclassified21.0%
  • Industrials15.7%
  • Communication Services4.9%
  • Healthcare1.9%
  • Technology1.9%
  • Real Estate1.4%
  • Financial Services1.2%
  • Consumer Cyclical0.5%

Book over time

Every quarter on file (26)
QuarterPositionsEquity book
Q2 202617$14.3bn
Q1 202619$15.9bn
Q4 202521$14.6bn
Q3 202520$13.7bn
Q2 202519$12.2bn
Q1 202529$11.1bn
Q4 202431$9.3bn
Q3 202435$10.7bn
Q2 202437$10.4bn
Q1 202440$10.0bn
Q4 202341$9.1bn
Q3 202343$8.3bn
Q2 202344$8.4bn
Q1 202340$8.2bn
Q4 202242$8.5bn
Q3 202227$7.1bn
Q2 202226$4.8bn
Q1 202225$5.7bn
Q4 202126$6.3bn
Q3 202127$8.8bn
Q2 202127$8.3bn
Q1 202129$7.8bn
Q4 202028$6.9bn
Q3 202023$5.0bn
Q2 202025$4.2bn
Q1 202033$3.3bn

Where Elliott Investment Management L.P. was early

4 rows
HWM HOWMET AEROSPACE INCQ2 20203 of 16915.6%27.0%20Exited by Q2 2025+718%
0C3 ENDEAVOR GROUP HLDGS INCQ2 202111 of 1471.4%1.4%9Exited by Q2 2024−7.1%
APA APA CORPORATIONQ3 20213 of 1470.7%2.0%3Exited by Q2 2022+93%
TFPM TRIPLE FLAG PRECIOUS METALQ3 20221 of 5223.0%30.5%16Held at last filing, Q2 2026+137%

Concentration and tenure

25.4%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
88.3%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters