WhaleCreep

Elliott Investment Management L.P. 13F holdings, Q3 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-09-30, filed 2023-11-14

Elliott Investment Management L.P. disclosed 43 US equity positions worth $8.3bn in its Q3 2023 13F filing. Its largest position is TFPM at 21.0% of the reported book, followed by MPC and PINS. Versus Q2 2023 it opened 3 new positions, added to 4, reduced 10 and exited 4.

$8.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
21.0%
Largest position
The largest single position as a share of the reported equity book.
79.7%
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 Q2 2023: 3 new, 4 added, 10 reduced, 4 exited

43 rows
TFPM TRIPLE FLAG PRECIOUS METALBasic Materials21.0%$1.7bn133.82m−0.6%reduced
MPC Marathon Petroleum CorpEnergy20.1%$1.7bn11.06m0.0%held
PINS PINTEREST INCCommunication Services9.1%$757m28.00m0.0%held
BTU PEABODY ENERGY CORPEnergy6.6%$549m21.11m0.0%held
PALO ALTO NETWORKS INC no ticker–4.9%$413m175.00m0.0%held
NRG NRG ENERGY INCUtilities4.8%$399m10.36m+275%added
SU SUNCOR ENERGY INC NEWEnergy4.1%$345m10.00m0.0%held
SEADRILL 2021 LTD no ticker–3.8%$316m7.06m0.0%held
HWM HOWMET AEROSPACE INCIndustrials3.0%$252m5.44m−68%reduced
LQD ISHARES TR–2.4%$201m1.98m0.0%held
CTLTEUR CATALENT INC–2.2%$182m4.00m–new
CAH CARDINAL HEALTH INCHealthcare2.1%$174m2.00m0.0%held
8L8C LIBERTY BROADBAND CORP–1.8%$146m1.60m0.0%held
STZ CONSTELLATION BRANDS INCConsumer Defensive1.5%$126m500,000+13%added
PSX PHILLIPS 66Energy1.1%$93.1m775,0000.0%held
ETWOGBP E2OPEN PARENT HOLDINGS INC–1.0%$85.9m18.92m−8.5%reduced
RNG RINGCENTRAL INCTechnology1.0%$82.6m98.50m−9.2%reduced
0C3 ENDEAVOR GROUP HLDGS INC–1.0%$81.6m4.10m+15%added
HYG ISHARES TR–0.9%$75.2m1.02m0.0%held
XLI SELECT SECTOR SPDR TR–0.7%$60.8m600,000–new
WDC WESTERN DIGITAL CORP.Technology0.6%$54.1m1.19m0.0%held
ARM ARM HOLDINGS PLCTechnology0.6%$52.5m980,392–new
UNIT UNITI GROUP INCReal Estate0.6%$47.8m10.12m0.0%held
CONFLUENT INC no ticker–0.6%$46.5m57.00m0.0%held
U UNITY SOFTWARE INCTechnology0.5%$45.3m57.40m0.0%held
BILL HOLDINGS INC no ticker–0.5%$40.4m50.00m0.0%held
VALARIS LTD no ticker–0.5%$40.4m538,323−67%reduced
RAPID7 INC no ticker–0.4%$36.1m42.50m−7.5%reduced
BL BLACKLINE INCTechnology0.4%$31.9m37.15m0.0%held
FIS FIDELITY NATL INFORMATION SVTechnology0.4%$30.3m548,205−50%reduced
NI NISOURCE INCUtilities0.4%$30.1m1.22m0.0%held
ALTERYX INC no ticker–0.3%$27.3m30.75m+37%added
OKTA OKTA INCTechnology0.2%$17.5m20.00m−33%reduced
Q2 HLDGS INC no ticker–0.2%$17.0m19.32m0.0%held
TDOC TELADOC HEALTH INCHealthcare0.2%$16.0m20.00m0.0%held
QTWO Q2 HLDGS INCTechnology0.2%$13.1m15.00m−9.3%reduced
MICROSTRATEGY INC no ticker–0.2%$12.9m12.00m0.0%held
NOBLE CORP PLC no ticker–0.1%$10.1m200,000−93%reduced
CRMD CORMEDIX INC–0.07%$5.7m1.55m0.0%held
RSVR RESERVOIR MEDIA INCCommunication Services0.06%$5.4m881,7390.0%held
MICROSTRATEGY INC no ticker–0.04%$3.5m5.00m0.0%held
POLESTAR AUTOMOTIVE HLDG UK no ticker–0.04%$3.0m1.12m0.0%held
BHC BAUSCH HEALTH COS INCHealthcare0.0%$94.8k11,5000.0%held

Exited since Q2 2023

4 rows
8IN SYNEOS HEALTH INC1.7%$139m
XOP SPDR SERIES TRUST0.6%$51.9m
MERCADOLIBRE INC no ticker0.1%$10.9m
NSUSD NUSTAR ENERGY LP0.01%$487k

Sector mix

  • Energy31.9%
  • Unclassified21.6%
  • Basic Materials21.0%
  • Communication Services9.1%
  • Utilities5.1%
  • Technology3.9%
  • Industrials3.0%
  • Healthcare2.3%
  • Consumer Defensive1.5%
  • 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