Elliott Investment Management L.P. Hedge Fund

CIK: 0001791786 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $15,156,103 (99.0% shares, 1.0% debt)

Holdings (41)

TFPM TRIPLE FLAG PRECIOUS METAL 16.9%

Value ($000) $2,562,571 Shares 133,815,727 Est. Cost $12.36 Unrealized +38.1%

SU SUNCOR ENERGY INC NEW 13.5%

Value ($000) $2,039,413 Shares 52,670,800 Est. Cost $30.49 Unrealized +22.8%

PSX PHILLIPS 66 12.8%

Value ($000) $1,941,723 Shares 15,725,000 Est. Cost $117.74 Unrealized +1.3%

LUV SOUTHWEST AIRLS CO 12.0%

Value ($000) $1,812,598 Shares 53,978,500 Est. Cost $26.84 Unrealized +15.6%

XLI SELECT SECTOR SPDR TR 10.8%

Value ($000) $1,638,375 Shares 12,500,000 Est. Cost — Unrealized —

IWD ISHARES TR 6.8%

Value ($000) $1,034,880 Shares 5,500,000 Est. Cost — Unrealized —

PINS PINTEREST INC 5.7%

Value ($000) $868,000 Shares 28,000,000 Est. Cost $22.64 Unrealized +49.6%

QQQ INVESCO QQQ TR 5.0%

Value ($000) $756,134 Shares 1,612,500 Est. Cost — Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 1.6%

Value ($000) $247,439 Shares 3,500,338 Est. Cost $88.62 Unrealized -24.1%

ETSY ETSY INC 1.6%

Value ($000) $235,900 Shares 5,000,000 Est. Cost $66.66 Unrealized -23.2%

LBRDK LIBERTY BROADBAND CORP 1.3%

Value ($000) $202,800 Shares 2,384,481 Est. Cost $67.26 Unrealized +11.9%

MTCH MATCH GROUP INC NEW 1.2%

Value ($000) $187,200 Shares 6,000,000 Est. Cost $31.91 Unrealized +0.6%

CCI CROWN CASTLE INC 0.8%

Value ($000) $127,682 Shares 1,225,000 Est. Cost $90.81 Unrealized -1.9%

CSCO CISCO SYS INC 0.8%

Value ($000) $123,420 Shares 2,000,000 Est. Cost — Unrealized —

EQIX EQUINIX INC 0.8%

Value ($000) $122,303 Shares 150,000 Est. Cost $880.48 Unrealized 0.0%

IWM ISHARES TR 0.7%

Value ($000) $99,745 Shares 500,000 Est. Cost — Unrealized —

SDRL SEADRILL LTD 0.6%

Value ($000) $92,594 Shares 3,703,746 Est. Cost $37.14 Unrealized -16.6%

GDX VANECK ETF TRUST 0.6%

Value ($000) $91,940 Shares 2,000,000 Est. Cost — Unrealized —

WDC WESTERN DIGITAL CORP 0.6%

Value ($000) $90,968 Shares 2,250,000 Est. Cost $44.90 Unrealized +5.3%

TXN TEXAS INSTRS INC 0.6%

Value ($000) $89,850 Shares 500,000 Est. Cost — Unrealized —

ST SENSATA TECHNOLOGIES HLDG PL 0.5%

Value ($000) $78,878 Shares 3,250,000 Est. Cost $38.52 Unrealized -28.1%

XME SPDR SER TR 0.5%

Value ($000) $75,587 Shares 1,350,000 Est. Cost — Unrealized —

XOP SPDR SER TR 0.5%

Value ($000) $73,389 Shares 557,200 Est. Cost — Unrealized —

— BOOKING HOLDINGS INC 0.4%

Value ($000) $61,447 Shares 25,000,000 Est. Cost $1.93 Unrealized —

— E2OPEN PARENT HOLDINGS INC 0.4%

Value ($000) $54,500 Shares 27,250,000 Est. Cost $7.70 Unrealized —

— UNITI GROUP INC 0.3%

Value ($000) $51,010 Shares 10,120,963 Est. Cost $10.54 Unrealized —

MAR MARRIOTT INTL INC NEW 0.3%

Value ($000) $47,640 Shares 200,000 Est. Cost — Unrealized —

— OSISKO GOLD ROYALTIES LTD 0.3%

Value ($000) $46,045 Shares 2,180,151 Est. Cost $21.12 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.3%

Value ($000) $45,510 Shares 200,000 Est. Cost — Unrealized —

HDB HDFC BANK LTD 0.3%

Value ($000) $44,529 Shares 670,215 Est. Cost $57.38 Unrealized —

— RAPID7 INC 0.3%

Value ($000) $38,087 Shares 41,500,000 Est. Cost $0.79 Unrealized —

RIG TRANSOCEAN LTD 0.2%

Value ($000) $37,629 Shares 11,870,319 Est. Cost $5.52 Unrealized -36.4%

SNDK SANDISK CORP 0.2%

Value ($000) $35,707 Shares 749,997 Est. Cost $49.67 Unrealized 0.0%

— MICROSTRATEGY INC 0.2%

Value ($000) $32,750 Shares 16,000,000 Est. Cost $2.05 Unrealized —

— WAYFAIR INC 0.1%

Value ($000) $16,014 Shares 15,000,000 Est. Cost $1.39 Unrealized —

CRMD CORMEDIX INC 0.1%

Value ($000) $15,058 Shares 2,444,561 Est. Cost $7.47 Unrealized +38.6%

ARM ARM HOLDINGS PLC 0.1%

Value ($000) $14,903 Shares 139,551 Est. Cost $163.62 Unrealized —

HWM HOWMET AEROSPACE INC 0.1%

Value ($000) $12,973 Shares 100,000 Est. Cost $12.97 Unrealized +877.5%

— BLACKLINE INC 0.0%

Value ($000) $4,314 Shares 4,500,000 Est. Cost $0.85 Unrealized —

— WOLFSPEED INC 0.0%

Value ($000) $2,781 Shares 12,500,000 Est. Cost $0.42 Unrealized —

— WOLFSPEED INC 0.0%

Value ($000) $1,820 Shares 7,500,000 Est. Cost $0.48 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TFPM	TRIPLE FLAG PRECIOUS METAL	133,815,727	$2,562,571	16.9%	$12.36	+38.1%	COM	89679M104
SU	SUNCOR ENERGY INC NEW	52,670,800	$2,039,413	13.5%	$30.49	+22.8%	COM	867224107
PSX	PHILLIPS 66	15,725,000	$1,941,723	12.8%	$117.74	+1.3%	COM	718546104
LUV	SOUTHWEST AIRLS CO	53,978,500	$1,812,598	12.0%	$26.84	+15.6%	COM	844741108
XLI	SELECT SECTOR SPDR TR	12,500,000	$1,638,375	10.8%	—	—	Put	81369Y704
IWD	ISHARES TR	5,500,000	$1,034,880	6.8%	—	—	Put	464287598
PINS	PINTEREST INC	28,000,000	$868,000	5.7%	$22.64	+49.6%	CL A	72352L106
QQQ	INVESCO QQQ TR	1,612,500	$756,134	5.0%	—	—	Put	46090E103
BMRN	BIOMARIN PHARMACEUTICAL INC	3,500,338	$247,439	1.6%	$88.62	-24.1%	COM	09061G101
ETSY	ETSY INC	5,000,000	$235,900	1.6%	$66.66	-23.2%	COM	29786A106
LBRDK	LIBERTY BROADBAND CORP	2,384,481	$202,800	1.3%	$67.26	+11.9%	COM SER C	530307305
MTCH	MATCH GROUP INC NEW	6,000,000	$187,200	1.2%	$31.91	+0.6%	COM	57667L107
CCI	CROWN CASTLE INC	1,225,000	$127,682	0.8%	$90.81	-1.9%	COM	22822V101
CSCO	CISCO SYS INC	2,000,000	$123,420	0.8%	—	—	Put	17275R102
EQIX	EQUINIX INC	150,000	$122,303	0.8%	$880.48	0.0%	COM	29444U700
IWM	ISHARES TR	500,000	$99,745	0.7%	—	—	Put	464287655
SDRL	SEADRILL LTD	3,703,746	$92,594	0.6%	$37.14	-16.6%	COM	G7997W102
GDX	VANECK ETF TRUST	2,000,000	$91,940	0.6%	—	—	Put	92189F106
WDC	WESTERN DIGITAL CORP	2,250,000	$90,968	0.6%	$44.90	+5.3%	COM	958102105
TXN	TEXAS INSTRS INC	500,000	$89,850	0.6%	—	—	Call	882508104
ST	SENSATA TECHNOLOGIES HLDG PL	3,250,000	$78,878	0.5%	$38.52	-28.1%	SHS	G8060N102
XME	SPDR SER TR	1,350,000	$75,587	0.5%	—	—	Put	78464A755
XOP	SPDR SER TR	557,200	$73,389	0.5%	—	—	Put	78468R556
—	BOOKING HOLDINGS INC	25,000,000	$61,447	0.4%	$1.93	—	NOTE 0.750% 5/0	09857LAN8
—	E2OPEN PARENT HOLDINGS INC	27,250,000	$54,500	0.4%	$7.70	—	COM CL A	29788T103
—	UNITI GROUP INC	10,120,963	$51,010	0.3%	$10.54	—	COM	91325V108
MAR	MARRIOTT INTL INC NEW	200,000	$47,640	0.3%	—	—	Put	571903202
—	OSISKO GOLD ROYALTIES LTD	2,180,151	$46,045	0.3%	$21.12	—	COM	68827L101
HLT	HILTON WORLDWIDE HLDGS INC	200,000	$45,510	0.3%	—	—	Put	43300A203
HDB	HDFC BANK LTD	670,215	$44,529	0.3%	$57.38	—	SPONSORED ADS	40415F101
—	RAPID7 INC	41,500,000	$38,087	0.3%	$0.79	—	NOTE 0.250% 3/1	753422AF1
RIG	TRANSOCEAN LTD	11,870,319	$37,629	0.2%	$5.52	-36.4%	REGISTERED SHS	H8817H100
SNDK	SANDISK CORP	749,997	$35,707	0.2%	$49.67	0.0%	COM	80004C200
—	MICROSTRATEGY INC	16,000,000	$32,750	0.2%	$2.05	—	NOTE 0.625% 3/1	594972AJ0
—	WAYFAIR INC	15,000,000	$16,014	0.1%	$1.39	—	NOTE 3.500%11/1	94419LAR2
CRMD	CORMEDIX INC	2,444,561	$15,058	0.1%	$7.47	+38.6%	COM	21900C308
ARM	ARM HOLDINGS PLC	139,551	$14,903	0.1%	$163.62	—	SPONSORED ADS	042068205
HWM	HOWMET AEROSPACE INC	100,000	$12,973	0.1%	$12.97	+877.5%	COM	443201108
—	BLACKLINE INC	4,500,000	$4,314	0.0%	$0.85	—	NOTE 3/1	09239BAD1
—	WOLFSPEED INC	12,500,000	$2,781	0.0%	$0.42	—	NOTE 1.875%12/0	977852AD4
—	WOLFSPEED INC	7,500,000	$1,820	0.0%	$0.48	—	NOTE 0.250% 2/1	977852AB8