WhaleCreep

Elliott Investment Management L.P. 13F holdings, Q2 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-06-30, filed 2023-08-14

Elliott Investment Management L.P. disclosed 44 US equity positions worth $8.4bn in its Q2 2023 13F filing. Its largest position is TFPM at 22.2% of the reported book, followed by MPC and HWM. Versus Q1 2023 it opened 8 new positions, added to 11, reduced 4 and exited 4.

$8.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
44
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
22.2%
Largest position
The largest single position as a share of the reported equity book.
79.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
10
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 Q1 2023: 8 new, 11 added, 4 reduced, 4 exited

44 rows
TFPM TRIPLE FLAG PRECIOUS METALBasic Materials22.2%$1.9bn134.59m0.0%held
MPC Marathon Petroleum CorpEnergy15.4%$1.3bn11.06m0.0%held
HWM HOWMET AEROSPACE INCIndustrials10.1%$847m17.09m−31%reduced
PINS PINTEREST INCCommunication Services9.1%$766m28.00m+0.3%held
BTU PEABODY ENERGY CORPEnergy5.5%$457m21.11m0.0%held
PALO ALTO NETWORKS INC no ticker–5.4%$450m175.00m0.0%held
SU SUNCOR ENERGY INC NEWEnergy3.5%$294m10.00m0.0%held
SEADRILL 2021 LTD no ticker–3.5%$291m7.06m–new
LQD ISHARES TR–2.6%$214m1.98m−21%reduced
CAH CARDINAL HEALTH INCHealthcare2.3%$189m2.00m0.0%held
8IN SYNEOS HEALTH INC–1.7%$139m3.30m–new
8L8C LIBERTY BROADBAND CORP–1.5%$128m1.60m+74%added
NOBLE CORP PLC no ticker–1.4%$118m2.85m0.0%held
ETWOGBP E2OPEN PARENT HOLDINGS INC–1.4%$116m20.67m+7.8%added
STZ CONSTELLATION BRANDS INCConsumer Defensive1.3%$109m441,000–new
VALARIS LTD no ticker–1.2%$104m1.65m−16%reduced
NRG NRG ENERGY INCUtilities1.2%$103m2.77m–new
RNG RINGCENTRAL INCTechnology1.1%$90.1m108.50m+17%added
0C3 ENDEAVOR GROUP HLDGS INC–1.0%$85.1m3.56m+19%added
HYG ISHARES TR–0.9%$76.6m1.02m+50%added
PSX PHILLIPS 66Energy0.9%$73.9m775,000–new
FIS FIDELITY NATL INFORMATION SVTechnology0.7%$59.7m1.09m–new
XOP SPDR SERIES TRUST–0.6%$51.9m402,500–new
CONFLUENT INC no ticker–0.6%$47.2m57.00m+14%added
UNIT UNITI GROUP INCReal Estate0.6%$46.8m10.12m0.0%held
U UNITY SOFTWARE INCTechnology0.5%$45.8m57.40m0.0%held
WDC WESTERN DIGITAL CORP.Technology0.5%$44.9m1.19m0.0%held
BILL HOLDINGS INC no ticker–0.5%$41.0m50.00m0.0%held
RAPID7 INC no ticker–0.5%$40.2m45.93m0.0%held
NI NISOURCE INCUtilities0.4%$33.4m1.22m0.0%held
BL BLACKLINE INCTechnology0.4%$31.5m37.15m+37%added
OKTA OKTA INCTechnology0.3%$25.7m30.00m0.0%held
ALTERYX INC no ticker–0.2%$18.9m22.50m+800%added
Q2 HLDGS INC no ticker–0.2%$16.5m19.32m0.0%held
TDOC TELADOC HEALTH INCHealthcare0.2%$15.9m20.00m+38%added
QTWO Q2 HLDGS INCTechnology0.2%$14.3m16.53m+65%added
MICROSTRATEGY INC no ticker–0.2%$13.0m12.00m0.0%held
MERCADOLIBRE INC no ticker–0.1%$10.9m4.00m0.0%held
CRMD CORMEDIX INC–0.07%$6.1m1.55m0.0%held
RSVR RESERVOIR MEDIA INCCommunication Services0.06%$5.3m881,739+120%added
POLESTAR AUTOMOTIVE HLDG UK no ticker–0.05%$4.3m1.12m0.0%held
MICROSTRATEGY INC no ticker–0.04%$3.3m5.00m0.0%held
NSUSD NUSTAR ENERGY LP–0.01%$487k28,400–new
BHC BAUSCH HEALTH COS INCHealthcare0.0%$92.0k11,500−21%reduced

Exited since Q1 2023

4 rows
CLVT CLARIVATE PLC1.2%$93.9m
PYPL PAYPAL HLDGS INC0.9%$75.9m
TESLA INC no ticker0.3%$24.1m
W WAYFAIR INC0.05%$4.4m

Sector mix

  • Energy25.3%
  • Unclassified23.6%
  • Basic Materials22.2%
  • Industrials10.1%
  • Communication Services9.2%
  • Technology3.7%
  • Healthcare2.5%
  • Utilities1.6%
  • Consumer Defensive1.3%
  • Real Estate0.6%

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