Elliott
Manager: Paul Singer
Elliott Investment Management L.P. · CIK 0001791786 · Form 13F-HR · Accession 0001013594-26-000915
Reported Equity Holdings (USD)
$22.7bn
29 positions · mainly 13F (+ Non-US where noted)
Form ADV RAUM (total)
$128.6bn
as of 31 Dec 2025 (ADV Item 5.F; Other-Than-Annual Amendment signed 24 Jul 2026) · form_adv
Shown (≥1%)
16
13F combined (29 → 29) · 13 under 1% hidden
Largest weights: Triple Flag Precious Metals 17.6%, Phillips 66 14.4%, Invesco QQQ Trust (QQQ) (Put) 11.3%. Sorted by USD value.
Reported Equity Holdings USD
13 names under 1% hidden (still included in Reported Equity Holdings). Weights vs full book — visible weights may sum to under 100%.
| # | Issuer | Ticker / listing | CCY | Value (USD) | Weight | Source | As of | Notes |
|---|---|---|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals |
TFPM · NYSE | USD | $3,993.2m | 17.6% | 13F | 13F — 30 Jun 2026 | COM Largest long equity line on this 13F (precious-metals royalty). |
| 2 | Phillips 66 |
PSX · NYSE | USD | $3,254.4m | 14.4% | 13F | 13F — 30 Jun 2026 | COM Elliott has publicly campaigned for operational / structural changes at Phillips 66 (e.g. 'Streamline 66'); still reported on this 13F as of period end. |
| 3 | Invesco QQQ Trust (QQQ) (Put) |
QQQ · Nasdaq | USD | $2,562.7m | 11.3% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 4 | Suncor Energy |
SU · NYSE | USD | $1,581.1m | 7.0% | 13F | 13F — 30 Jun 2026 | COM |
| 5 | Hewlett Packard Enterprise |
HPE · NYSE | USD | $1,455.8m | 6.4% | 13F | 13F — 30 Jun 2026 | COM Elliott has publicly disclosed a large HPE equity stake and activism. |
| 6 | iShares Expanded Tech Sector ETF (IGM) (Put) |
IGM · NYSE Arca | USD | $1,427.0m | 6.3% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 7 | Southwest Airlines |
LUV · NYSE | USD | $1,249.9m | 5.5% | 13F | 13F — 30 Jun 2026 | COM |
| 8 | Industrial Select Sector SPDR (XLI) (Put) |
XLI · NYSE Arca | USD | $958.6m | 4.2% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 9 | Consumer Discretionary Select Sector SPDR (XLY) (Put) |
XLY · NYSE Arca | USD | $832.7m | 3.7% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 10 | Consumer Staples Select Sector SPDR (XLP) (Put) |
XLP · NYSE Arca | USD | $799.5m | 3.5% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 11 | VanEck Gold Miners ETF (GDX) (Put) |
GDX · NYSE Arca | USD | $690.4m | 3.0% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 12 | Uniti Group |
UNIT · Nasdaq | USD | $676.9m | 3.0% | 13F | 13F — 30 Jun 2026 | COM SHS |
| 13 | iShares U.S. Medical Devices ETF (IHI) (Put) |
IHI · NYSE Arca | USD | $617.6m | 2.7% | 13F | 13F — 30 Jun 2026 | Put/Call: Put (option position; 13F reported value). |
| 14 | Pinterest |
PINS · NYSE | USD | $588.8m | 2.6% | 13F | 13F — 30 Jun 2026 | CL A |
| 15 | Etsy |
ETSY · Nasdaq | USD | $376.6m | 1.7% | 13F | 13F — 30 Jun 2026 | COM |
| 16 | Norwegian Cruise Line Holdings |
NCLH · NYSE | USD | $310.0m | 1.4% | 13F | 13F — 30 Jun 2026 | SHS |
Methodology
- One book: All weights in USD. Reported Equity Holdings = Elliott Investment Management L.P. 13F-HR reported values (same-issuer/CUSIP/put-call rows aggregated).
- US 13F: Elliott Investment Management L.P. (CIK 0001791786) Form 13F-HR — Elliott / Paul Singer. Period end 30 Jun 2026, filed 14 Aug 2026. Included managers: Elliott Associates, L.P.; Elliott International, L.P. Schema X0202 whole USD ($22.7bn).
- Reported AUM vs equity book: ADV RAUM (~$128.6bn) ≫ the US 13F book (~$22.7bn) mainly because private credit, distressed, private equity, and Non-US public equities sit outside Form 13F. No live primary-valued Non-US equity this pass (IDH sold 23 Jun 2026; BP was instruments-only; LSEG size undisclosed).
- Enrichment: Book values and weights are from the SEC 13F-HR only (equity + reported option values). Elliott / Paul Singer is a multi-strategy activist and distressed firm: ADV RAUM (~$128.6bn YE 2025) ≫ the US 13F book (~$22.7bn) mainly via private credit, distressed, private equity, and Non-US public equities outside 13F. Included managers: Elliott Associates, L.P. and Elliott International, L.P. No live primary-valued Non-US equity this pass — IDH sold 23 Jun 2026; LSEG size undisclosed; BP Apr 2025 TR-1 was instruments-only; Shell / RWE / Japan names press-only.
- Non-US: No Non-US-only add-ons this pass. LSEG stake size undisclosed; BP Apr 2025 TR-1 was financial-instruments-only (0% voting rights attached to shares). Suncor, Seadrill, Transocean, Norwegian Cruise, HDFC ADR, OR Royalties already appear on the US 13F as listed securities.
- Filer note: Filer: Elliott Investment Management L.P. (CIK 0001791786). Brand: Elliott (elliottmgmt.com). Founder / President / Co-CEO / Co-CIO: Paul E. Singer. UK affiliate: Elliott Advisors (UK) Limited.
- Mixed as-of: US 13F as of period end 30 Jun 2026.
- Reported AUM: Firm / strategy AUM from the manager's site or Form ADV where cited on this page — separate from Reported Equity Holdings.
- Shares / Discretion / Vote columns omitted. Value shown as USD market value ($m, 1 decimal, e.g. $17,700.0m). Weight to 1 decimal.
- Table shows positions with weight ≥ 1.0% only; names under 1% are hidden but still included in Reported Equity Holdings (USD) and the weight denominator.
- Raw data: EDGAR 13F · portfolio_combined.json · holdings.json