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Elliott Investment Management L.P. 13F holdings, Q1 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-03-31, filed 2024-05-15

Elliott Investment Management L.P. disclosed 40 US equity positions worth $10.0bn in its Q1 2024 13F filing. Its largest position is SU at 19.4% of the reported book, followed by TFPM and MPC. Versus Q4 2023 it opened 6 new positions, added to 6, reduced 9 and exited 7.

$10.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
40
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.4%
Largest position
The largest single position as a share of the reported equity book.
82.4%
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 Q4 2023: 6 new, 6 added, 9 reduced, 7 exited

40 rows
SU SUNCOR ENERGY INC NEWEnergy19.4%$1.9bn52.67m+427%added
TFPM TRIPLE FLAG PRECIOUS METALBasic Materials19.3%$1.9bn133.82m0.0%held
MPC Marathon Petroleum CorpEnergy14.8%$1.5bn7.37m−33%reduced
PINS PINTEREST INCCommunication Services9.7%$971m28.00m0.0%held
NRG NRG ENERGY INCUtilities7.0%$701m10.36m0.0%held
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare3.1%$306m3.50m+17%added
SEADRILL 2021 LTD no ticker–2.9%$286m5.68m−8.8%reduced
CTLTEUR CATALENT INC–2.3%$226m4.00m0.0%held
CAH CARDINAL HEALTH INCHealthcare2.2%$224m2.00m0.0%held
MICROSTRATEGY INC no ticker–1.8%$180m41.90m+249%added
ETSY ETSY INCConsumer Cyclical1.5%$155m2.25m+18%added
MTCH MATCH GROUP INC NEWCommunication Services1.5%$150m4.13m+38%added
STZ CONSTELLATION BRANDS INCConsumer Defensive1.4%$138m507,0000.0%held
CCI CROWN CASTLE INCReal Estate1.3%$130m1.23m0.0%held
PSX PHILLIPS 66Energy1.3%$127m775,0000.0%held
ETWOGBP E2OPEN PARENT HOLDINGS INC–1.2%$121m27.25m0.0%held
0C3 ENDEAVOR GROUP HLDGS INC–1.1%$105m4.10m0.0%held
8L8C LIBERTY BROADBAND CORP–1.0%$97.3m1.70m+6.3%added
BTU PEABODY ENERGY CORPEnergy0.9%$90.7m3.74m−72%reduced
WDC WESTERN DIGITAL CORP.Technology0.8%$80.9m1.19m0.0%held
HYG ISHARES TR–0.8%$79.3m1.02m0.0%held
RNG RINGCENTRAL INCTechnology0.6%$65.1m72.50m−12%reduced
RIG TRANSOCEAN LTDEnergy0.6%$61.2m9.75m–new
UNIT UNITI GROUP INCReal Estate0.6%$59.7m10.12m0.0%held
BOOKING HOLDINGS INC no ticker–0.5%$48.3m25.00m–new
U UNITY SOFTWARE INCTechnology0.4%$38.1m45.00m−4.3%reduced
RAPID7 INC no ticker–0.4%$36.5m41.50m0.0%held
BILL HOLDINGS INC no ticker–0.4%$36.1m42.00m−6.7%reduced
HDB HDFC BANK LTDFinancial Services0.3%$31.1m555,242–new
CONFLUENT INC no ticker–0.3%$30.0m35.00m−18%reduced
Q2 HLDGS INC no ticker–0.2%$17.9m19.32m0.0%held
BL BLACKLINE INCTechnology0.2%$16.3m18.00m−28%reduced
ON ON SEMICONDUCTOR CORPTechnology0.1%$14.7m10.00m–new
IBIT ISHARES BITCOIN TRUST ETF–0.1%$12.0m296,010–new
HWM HOWMET AEROSPACE INCIndustrials0.07%$6.8m100,000−96%reduced
MICROSTRATEGY INC no ticker–0.07%$6.8m5.00m0.0%held
CRMD CORMEDIX INC–0.07%$6.6m1.55m0.0%held
NVDA NVIDIA CORPORATIONTechnology0.05%$4.5m5,000–new
POLESTAR AUTOMOTIVE HLDG UK no ticker–0.02%$1.7m1.12m0.0%held
BHC BAUSCH HEALTH COS INCHealthcare0.0%$122k11,5000.0%held

Exited since Q4 2023

7 rows
PALO ALTO NETWORKS INC no ticker5.7%$519m
LQD ISHARES TR2.4%$219m
FIS FIDELITY NATL INFORMATION SV1.4%$125m
VALARIS LTD no ticker0.2%$13.7m
QTWO Q2 HLDGS INC0.1%$9.1m
TDOC TELADOC HEALTH INC0.09%$8.2m
RSVR RESERVOIR MEDIA INC0.04%$4.1m

Sector mix

  • Energy37.0%
  • Basic Materials19.3%
  • Unclassified12.9%
  • Communication Services11.2%
  • Utilities7.0%
  • Healthcare5.3%
  • Technology2.2%
  • Real Estate1.9%
  • Consumer Cyclical1.5%
  • Consumer Defensive1.4%
  • Financial Services0.3%
  • Industrials0.07%

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