WhaleCreep

Elliott Investment Management L.P. 13F holdings, Q4 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-12-31, filed 2024-02-14

Elliott Investment Management L.P. disclosed 41 US equity positions worth $9.1bn in its Q4 2023 13F filing. Its largest position is TFPM at 19.6% of the reported book, followed by MPC and PINS. Versus Q3 2023 it opened 4 new positions, added to 3, reduced 13 and exited 6.

$9.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
41
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.6%
Largest position
The largest single position as a share of the reported equity book.
76.5%
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 Q3 2023: 4 new, 3 added, 13 reduced, 6 exited

41 rows
TFPM TRIPLE FLAG PRECIOUS METALBasic Materials19.6%$1.8bn133.82m0.0%held
MPC Marathon Petroleum CorpEnergy18.0%$1.6bn11.06m0.0%held
PINS PINTEREST INCCommunication Services11.4%$1.0bn28.00m0.0%held
NRG NRG ENERGY INCUtilities5.9%$536m10.36m0.0%held
PALO ALTO NETWORKS INC no ticker–5.7%$519m175.00m0.0%held
SU SUNCOR ENERGY INC NEWEnergy3.5%$321m10.00m0.0%held
BTU PEABODY ENERGY CORPEnergy3.5%$320m13.15m−38%reduced
SEADRILL 2021 LTD no ticker–3.2%$295m6.23m−12%reduced
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare3.2%$289m3.00m–new
LQD ISHARES TR–2.4%$219m1.98m0.0%held
CAH CARDINAL HEALTH INCHealthcare2.2%$202m2.00m0.0%held
CTLTEUR CATALENT INC–2.0%$180m4.00m0.0%held
ETSY ETSY INCConsumer Cyclical1.7%$154m1.90m–new
CCI CROWN CASTLE INCReal Estate1.6%$141m1.23m–new
HWM HOWMET AEROSPACE INCIndustrials1.4%$130m2.40m−56%reduced
8L8C LIBERTY BROADBAND CORP–1.4%$129m1.60m0.0%held
FIS FIDELITY NATL INFORMATION SVTechnology1.4%$125m2.09m+281%added
STZ CONSTELLATION BRANDS INCConsumer Defensive1.3%$123m507,000+1.4%added
ETWOGBP E2OPEN PARENT HOLDINGS INC–1.3%$120m27.25m+44%added
MTCH MATCH GROUP INC NEWCommunication Services1.2%$110m3.00m–new
PSX PHILLIPS 66Energy1.1%$103m775,0000.0%held
0C3 ENDEAVOR GROUP HLDGS INC–1.1%$97.3m4.10m0.0%held
HYG ISHARES TR–0.9%$78.9m1.02m0.0%held
RNG RINGCENTRAL INCTechnology0.8%$71.6m82.50m−16%reduced
WDC WESTERN DIGITAL CORP.Technology0.7%$62.1m1.19m0.0%held
UNIT UNITI GROUP INCReal Estate0.6%$58.5m10.12m0.0%held
U UNITY SOFTWARE INCTechnology0.4%$39.1m47.00m−18%reduced
BILL HOLDINGS INC no ticker–0.4%$37.5m45.00m−10.0%reduced
RAPID7 INC no ticker–0.4%$37.4m41.50m−2.4%reduced
CONFLUENT INC no ticker–0.4%$35.4m42.50m−25%reduced
BL BLACKLINE INCTechnology0.2%$22.2m25.00m−33%reduced
MICROSTRATEGY INC no ticker–0.2%$20.0m12.00m0.0%held
Q2 HLDGS INC no ticker–0.2%$17.4m19.32m0.0%held
VALARIS LTD no ticker–0.2%$13.7m200,000−63%reduced
QTWO Q2 HLDGS INCTechnology0.1%$9.1m10.00m−33%reduced
TDOC TELADOC HEALTH INCHealthcare0.09%$8.2m10.00m−50%reduced
CRMD CORMEDIX INC–0.06%$5.8m1.55m0.0%held
MICROSTRATEGY INC no ticker–0.05%$4.4m5.00m0.0%held
RSVR RESERVOIR MEDIA INCCommunication Services0.04%$4.1m570,888−35%reduced
POLESTAR AUTOMOTIVE HLDG UK no ticker–0.03%$2.5m1.12m0.0%held
BHC BAUSCH HEALTH COS INCHealthcare0.0%$92.3k11,5000.0%held

Exited since Q3 2023

6 rows
XLI SELECT SECTOR SPDR TR0.7%$60.8m
ARM ARM HOLDINGS PLC0.6%$52.5m
NI NISOURCE INC0.4%$30.1m
ALTERYX INC no ticker0.3%$27.3m
OKTA OKTA INC0.2%$17.5m
NOBLE CORP PLC no ticker0.1%$10.1m

Sector mix

  • Energy26.2%
  • Unclassified19.9%
  • Basic Materials19.6%
  • Communication Services12.6%
  • Utilities5.9%
  • Healthcare5.5%
  • Technology3.6%
  • Real Estate2.2%
  • Consumer Cyclical1.7%
  • Industrials1.4%
  • Consumer Defensive1.3%

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