Paul Singer’s portfolio: Elliott Investment Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001791786Latest: Q2 2026
Q1 2026 filing in brief
In its Q1 2026 13F, filed May 15, 2026, Elliott Investment Management reported $20.1B across 33 US positions. The largest: TFPM (23.0%), PSX (17.4%), SU (17.3%), LUV (5.7%), HPE (3.3%). In the quarter it opened 9 positions, sold out of 10, added to 4 and trimmed 6; positions opened and sold out came to 21.1% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed May 15, 2026
- 9 New
- 4 Added
- 6 Trimmed
- 10 Exited
33 positions at March 31, 2026. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | TFPM | TRIPLE FLAG PRECIOUS METAL | $4.6B | 133.2M | 22.99% | −0.4% | Held |
| 2 | PSX | PHILLIPS 66 | $3.5B | 19.3M | 17.44% | 0.0% | Held |
| 3 | SU | SUNCOR ENERGY INC NEW | $3.5B | 52.7M | 17.31% | 0.0% | Held |
| 4 | XLI | SELECT SECTOR SPDR TRput option | $1.2B | 7.5M | 6.03% | 0.0% | Held |
| 5 | LUV | SOUTHWEST AIRLS CO | $1.1B | 30.3M | 5.67% | −40.6% | Trimmed |
| 6 | XLP | SELECT SECTOR SPDR TRput option | $749M | 9.1M | 3.73% | −54.3% | Trimmed |
| 7 | HPE | HEWLETT PACKARD ENTERPRISE C | $653M | 27.4M | 3.25% | +47.2% | Added |
| 8 | UNIT | UNITI GROUP LLC | $554M | 59.0M | 2.75% | 0.0% | Held |
| 9 | PINS | PINTEREST INC | $514M | 28.0M | 2.55% | 0.0% | Held |
| 10 | XLY | SELECT SECTOR SPDR TRput option | $469M | 4.3M | 2.33% | — | New |
| 11 | HYG | ISHARES TRput option | $398M | 5.0M | 1.98% | — | New |
| 12 | DLR | DIGITAL RLTY TR INCput option | $270M | 1.5M | 1.34% | +50.0% | Added |
| 13 | ETSY | ETSY INC | $250M | 5.0M | 1.24% | 0.0% | Held |
| 14 | — | NORWEGIAN CRUISE LINE HLDGS | $247M | 13.2M | 1.23% | — | New |
| 15 | QQQ | INVESCO QQQ TRput option | $231M | 400.0K | 1.15% | −73.3% | Trimmed |
| 16 | — | SEADRILL LTD | $215M | 4.7M | 1.07% | +3.5% | Added |
| 17 | IWD | ISHARES TRput option | $214M | 1.0M | 1.06% | −64.3% | Trimmed |
| 18 | PEP | PEPSICO INC | $198M | 1.3M | 0.98% | 0.0% | Held |
| 19 | GDX | VANECK ETF TRUSTcall option | $184M | 2.0M | 0.91% | — | New |
| 20 | GDX | VANECK ETF TRUSTput option | $151M | 1.6M | 0.75% | −88.2% | Trimmed |
| 21 | EQIX | EQUINIX INC | $147M | 150.0K | 0.73% | 0.0% | Held |
| 22 | IWM | ISHARES TRput option | $124M | 500.0K | 0.62% | — | New |
| 23 | OR | OR ROYALTIES INC. | $118M | 3.1M | 0.59% | 0.0% | Held |
| 24 | — | TRANSOCEAN LTD | $104M | 15.6M | 0.52% | — | New |
| 25 | CCI | CROWN CASTLE INC | $100M | 1.2M | 0.50% | 0.0% | Held |
| 26 | XME | SPDR SERIES TRUSTput option | $97M | 900.0K | 0.48% | 0.0% | Held |
| 27 | FTV | FORTIVE CORPput option | $41M | 750.0K | 0.21% | — | New |
| 28 | W 3.5 11/15/28 | WAYFAIR INC | $26M | 15.0M | 0.13% | 0.0% | Held |
| 29 | EMR | EMERSON ELEC COput option | $26M | 200.0K | 0.13% | — | New |
| 30 | GLIBK | GCI LIBERTY INC | $25M | 659.9K | 0.12% | 0.0% | Held |
| 31 | HDB | HDFC BANK LTD | $20M | 797.1K | 0.10% | +267.7% | Added |
| 32 | WPM | WHEATON PRECIOUS METALS CORPcall option | $13M | 100.0K | 0.07% | — | New |
| 33 | MSTR 0.625 03/15/30 | STRATEGY INC | $12M | 10.0M | 0.06% | −37.5% | Trimmed |
10 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| XLE | SELECT SECTOR SPDR TRput option | $715M | 16.0M |
| QQQ | INVESCO QQQ TRcall option | $614M | 1.0M |
| NVDA | NVIDIA CORPORATIONput option | $560M | 3.0M |
| HYG | ISHARES TR | $306M | 3.8M |
| XOP | SPDR SERIES TRUSTput option | $303M | 2.4M |
| BILL | BILL HOLDINGS INC | $164M | 3.0M |
| — | SENSATA TECHNOLOGIES HLDG PL | $108M | 3.3M |
| IGV | ISHARES TRcall option | $106M | 1.0M |
| IGV | ISHARES TRput option | $32M | 300.0K |
| FSK | FS KKR CAP CORP | $4M | 264.9K |
Every quarter on file (26)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.