WhaleCreep

Elliott Investment Management L.P. 13F holdings, Q4 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-12-31, filed 2023-05-15

Elliott Investment Management L.P. disclosed 42 US equity positions worth $8.5bn in its Q4 2022 13F filing. Its largest position is TFPM at 20.9% of the reported book, followed by HWM and MPC. Versus Q3 2022 it opened 17 new positions, added to 3, reduced 5 and exited 2.

$8.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
42
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
20.9%
Largest position
The largest single position as a share of the reported equity book.
85.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
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 Q3 2022: 17 new, 3 added, 5 reduced, 2 exited

42 rows
TFPM TRIPLE FLAG PRECIOUS METALBasic Materials20.9%$1.8bn129.92m+0.6%added
HWM HOWMET AEROSPACE INCIndustrials16.0%$1.4bn34.69m−4.0%reduced
MPC Marathon Petroleum CorpEnergy15.1%$1.3bn11.06m0.0%held
PINS PINTEREST INCCommunication Services7.9%$678m27.91m+86%added
BTU PEABODY ENERGY CORPEnergy7.1%$608m23.02m−11%reduced
HYG ISHARES TR–6.1%$525m7.13m–new
SU SUNCOR ENERGY INC NEWEnergy3.7%$317m10.00m0.0%held
LQD ISHARES TR–2.7%$235m2.23m0.0%held
VALARIS LTD no ticker–2.7%$233m3.45m0.0%held
JNK SPDR SERIES TRUST–2.7%$230m2.56m–new
CAH CARDINAL HEALTH INCHealthcare1.8%$154m2.00m0.0%held
PALO ALTO NETWORKS INC no ticker–1.7%$148m100.00m–new
ETWOGBP E2OPEN PARENT HOLDINGS INC–1.3%$113m19.17m+6.5%added
NOBLE CORP PLC no ticker–1.3%$107m2.85m0.0%held
CLVT CLARIVATE PLCTechnology1.0%$83.4m10.00m0.0%held
PYPL PAYPAL HLDGS INCFinancial Services0.8%$71.2m1.00m0.0%held
8L8C LIBERTY BROADBAND CORP–0.8%$70.0m917,738–new
0C3 ENDEAVOR GROUP HLDGS INC–0.8%$67.6m3.00m0.0%held
UNIT UNITI GROUP INCReal Estate0.7%$56.0m10.12m−29%reduced
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–0.6%$47.4m848,380−72%reduced
WDC WESTERN DIGITAL CORP.Technology0.4%$37.4m1.19m0.0%held
W WAYFAIR INCConsumer Cyclical0.4%$35.3m55.00m0.0%held
CONFLUENT INC no ticker–0.4%$35.2m46.50m–new
RAPID7 INC no ticker–0.4%$34.9m44.43m–new
NI NISOURCE INCUtilities0.4%$33.5m1.22m–new
U UNITY SOFTWARE INCTechnology0.3%$28.1m37.50m–new
RNG RINGCENTRAL INCTechnology0.3%$25.4m32.42m–new
OKTA OKTA INCTechnology0.3%$25.2m30.00m–new
BL BLACKLINE INCTechnology0.3%$23.0m26.85m–new
Q2 HLDGS INC no ticker–0.2%$15.9m19.32m–new
TESLA INC no ticker–0.2%$14.9m2.50m0.0%held
QTWO Q2 HLDGS INCTechnology0.10%$8.1m10.03m–new
MERCADOLIBRE INC no ticker–0.09%$8.1m4.00m0.0%held
POLESTAR AUTOMOTIVE HLDG UK no ticker–0.08%$6.6m1.24m−21%reduced
CRMD CORMEDIX INC–0.08%$6.5m1.55m0.0%held
MICROSTRATEGY INC no ticker–0.06%$5.5m12.00m0.0%held
TDOC TELADOC HEALTH INCHealthcare0.06%$5.0m6.50m–new
ALTERYX INC no ticker–0.02%$2.1m2.50m–new
MICROSTRATEGY INC no ticker–0.02%$1.8m5.00m0.0%held
NWS NEWS CORP NEWCommunication Services0.01%$1.1m59,701–new
NWSA NEWS CORP NEWCommunication Services0.01%$1.1m60,277–new
BHC BAUSCH HEALTH COS INCHealthcare0.0%$91.9k14,6250.0%held

Exited since Q3 2022

2 rows
NIELSEN HLDGS PLC no ticker6.5%$460m
SWCHEUR SWITCH INC2.7%$195m

Sector mix

  • Energy25.9%
  • Unclassified22.3%
  • Basic Materials20.9%
  • Industrials16.0%
  • Communication Services8.0%
  • Technology2.7%
  • Healthcare1.9%
  • Financial Services0.8%
  • Real Estate0.7%
  • Consumer Cyclical0.4%
  • Utilities0.4%

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