Elliott Investment Management L.P.

Superinvestor

Elliott Investment Management

SEC CIK
0001791786
Manager
Paul Singer
Style
Activist, Hedge fund

Holdings, Q3 2025

Positions as of Sep 30, 2025, filed Nov 14, 2025.SEC

Positions
20
+1 vs. Q2 2025
Total value
$13.7B
+$1.55B (+12.8%) vs. Q2 2025

Compare with Q2 2025: new, added, reduced and sold out

Positions

Long positions only. Changes compare share counts with Q2 2025.

Elliott Investment Management L.P. holdings in Q3 2025
SecurityClassSharesValue% of portfolioChange in sharesActionHistory
TFPMTRIPLE FLAG PRECIOUS METAL COMStock133,815,727$3.92B28.58%00.0%UnchangedView
PSXPHILLIPS 66 COMStock19,251,000$2.62B19.11%00.0%UnchangedView
SUSUNCOR ENERGY INC NEW COMStock52,670,800$2.2B16.07%00.0%UnchangedView
LUVSOUTHWEST AIRLS COCOM51,128,500$1.63B11.91%−2,850,000−5.3%ReducedView
PINSPINTEREST INCCL A28,000,000$900.76M6.57%00.0%UnchangedView
HPEHEWLETT PACKARD ENTERPRISE CCOM18,630,978$457.58M3.34%00.0%UnchangedView
UNITUNITI GROUP LLCCOM SHS59,012,219$361.15M2.64%+59,012,219NewView
ETSYETSY INCCOM5,000,000$331.95M2.42%00.0%UnchangedView
ISHARES TR464288513IBOXX HI YD ETF3,800,000$308.52M2.25%00.0%Unchanged–
PEPPEPSICO INC COMStock1,275,000$179.06M1.31%+1,275,000NewView
BILLBILL HOLDINGS INC COMStock3,000,000$158.91M1.16%+3,000,000NewView
CCICROWN CASTLE INC COMREIT1,225,000$118.2M0.86%00.0%UnchangedView
EQIXEQUINIX INCCOM150,000$117.49M0.86%00.0%UnchangedView
SDRLSEADRILL LTDCOM3,703,746$111.89M0.82%00.0%UnchangedView
STSENSATA TECHNOLOGIES HLDG PLSHS3,250,000$99.29M0.72%00.0%UnchangedView
OROR ROYALTIES INC.COM SHS2,180,151$87.38M0.64%00.0%UnchangedView
STRATEGY INC594972AJ0NOTE 0.625% 3/1–$35.88M0.26%–––
WAYFAIR INC94419LAR2NOTE 3.500%11/1–$31.09M0.23%–––
GLIBKLIBERTY CAP CORPSER C GCI GROUP476,895$17.77M0.13%+476,895NewView
OXLCOXFORD LANE CAP CORPCOM1,019,239$17.26M0.13%+1,019,239NewView

Options (13)

Put and call positions reported in the same filing. The value is that of the underlying shares, as reported on Form 13F.

Elliott Investment Management L.P. option positions in Q3 2025
SecurityClassPutsCalls
INVESCO QQQ TRUST SERIES I46090E103ETF$1.2B$750.46M
STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR ETF81369Y308ETF$1.18B–
STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF81369Y704ETF$1.16B–
ISHARES RUSSELL 1000 VALUE ETF464287598ETF$1.02B–
VANECK ETF TRUST92189F106GOLD MINERS ETF$878.6M–
NVDANVIDIA CORPORATION COMStock$807.89M–
STATE STREET ENERGY SELECT SECTOR SPDR ETF81369Y506ETF$714.72M–
ISHARES TR464287515EXPANDED TECH$230.02M$115.01M
SPDR SERIES TRUST78468R556SP O&G EXPL PRO$317.28M–
STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF81369Y209ETF$278.34M–
DLRDIGITAL RLTY TR INCCOM$172.88M–
SPDR SERIES TRUST78464A755ST STR SP METAL$130.47M–
WPMWHEATON PRECIOUS METALS CORPCOM$72.7M–

Sold out since Q2 2025 (4)

Positions held at the end of Q2 2025 that are no longer in this filing.

Elliott Investment Management L.P. positions sold out since Q2 2025
SecurityClassShares, Q2 2025Value, Q2 2025% of portfolio, Q2 2025
LIBERTY BROADBAND CORP530307305COM SER C2,384,481$234.59M1.93%
WDCWESTERN DIGITAL CORPCOM2,250,000$143.98M1.18%
UNITUNITI GROUP INCCOM10,120,963$43.72M0.36%
SNDKSANDISK CORPCOM749,997$34.01M0.28%

13F filings by quarter

Elliott Investment Management L.P. 13F filings by quarter
QuarterFiledPositionsTotal valueChangesFiling
Q2 2026Aug 14, 202617$14.29Bvs. Q1 2026SEC
Q1 2026May 15, 202619$15.93Bvs. Q4 2025SEC
Q4 2025Feb 18, 202621$14.59Bvs. Q3 2025SEC
Q3 2025Nov 14, 202520$13.7Bvs. Q2 2025SEC
Q2 2025Nov 14, 2025Amended19$12.15Bvs. Q1 2025SECSEC
Q1 2025May 15, 202530$11.08Bvs. Q4 2024SEC
Q4 2024Apr 28, 2025Amended32$9.26Bvs. Q3 2024SEC
Q3 2024Nov 14, 202435$10.69Bvs. Q2 2024SEC
Q2 2024Aug 14, 202437$10.4Bvs. Q1 2024SEC
Q1 2024May 15, 202440$10.02Bvs. Q4 2023SEC
Q4 2023Feb 14, 202441$9.1Bvs. Q3 2023SEC
Q3 2023Nov 14, 202343$8.35Bvs. Q2 2023SEC
Q2 2023Aug 14, 202344$8.37Bvs. Q1 2023SEC
Q1 2023May 15, 202340$8.16Bvs. Q4 2022SEC
Q4 2022May 15, 2023Amended44$8.54Bvs. Q3 2022SEC
Q3 2022Nov 14, 202229$7.1Bvs. Q2 2022SEC
Q2 2022Aug 15, 202226$4.78Bvs. Q1 2022SEC
Q1 2022May 16, 202225$5.66Bvs. Q4 2021SEC
Q4 2021Feb 14, 202226$6.31Bvs. Q3 2021SEC
Q3 2021Nov 15, 202127$8.76Bvs. Q2 2021SEC
Q2 2021Aug 17, 2021Amended27$8.34Bvs. Q1 2021SECSEC
Q1 2021May 17, 202129$7.83B–SEC