Elliott Investment Management

Paul Singer

Latest filing · Q2 2026

Sold more than boughtFiled Aug 14, 2026 for holdings on Jun 30, 2026, 45 days after the quarter ended. The next one is due by Nov 14, 2026.

Stocks reported

$14.3B

as of Jun 30, 2026

Positions

all shown below

Top 10 stocks

95.6%

of the money in stocks

Options

on $8.38B of stock

What changed in Q2 2026

compared with Q1 2026, by number of shares

New buys2

SNPSSynopsys0.7%
QNTQuantinuum0.1%

Added to2

HPEHewlett Packard Enterprise17.7% more
NCLHNorwegian Cruise Line11.4% more

Trimmed3

SUSuncor Energy44.1% fewer
LUVSouthwest Airlines19.9% fewer
SDRLSeadrill5.9% fewer

Exited2

CCICrown Castlewas 0.6%
GLIBKLiberty Capitalwas 0.2%

Portfolio

as of Jun 30, 2026 · source

#	Holding	Weight	Value	Shares	Vs last quarter	Held since
1	TFPMTriple Flag Precious Met	27.9%	$3.99B	133.2M	No change	Q3 2022
2	PSXPhillips 66	22.8%	$3.25B	19.3M	No change	Q2 2023
3	SUSuncor Energy Trimmed −44.1%	11.1%	$1.58B	29.5M	Trimmed −44.1%	Q1 2022
4	HPEHewlett Packard Enterprise Added +17.7%	10.2%	$1.46B	32.3M	Added +17.7%	Q2 2025
5	LUVSouthwest Airlines Trimmed −19.9%	8.7%	$1.25B	24.3M	Trimmed −19.9%	Q2 2024
6	UNITUniti Group	4.7%	$677M	59.0M	No change	Q3 2025
7	PINSPinterest	4.1%	$589M	28.0M	No change	Q4 2020
8	ETSYEtsy	2.6%	$377M	5.0M	No change	Q4 2023
9	NCLHNorwegian Cruise Line Added +11.4%	2.2%	$310M	14.7M	Added +11.4%	Q1 2026
10	PEPPepsico	1.2%	$173M	1.3M	No change	Q3 2025
11	SDRLSeadrill Trimmed −5.9%	1.2%	$168M	4.4M	Trimmed −5.9%	Q2 2023
12	EQIXEquinix	1.1%	$156M	150K	No change	Q1 2025
13	SNPSSynopsys New	0.7%	$101M	228K	New	Q2 2026
14	OROr Royalties	0.7%	$98.4M	3.1M	No change	Q2 2025
15	RIGTransocean	0.5%	$76.4M	15.6M	No change	Q1 2024
16	HDBHDFC Bank	0.1%	$20.6M	797K	No change	Q1 2024
17	QNTQuantinuum New	0.1%	$12.3M	150K	New	Q2 2026

Values at quarter end, not today's prices.

Options in the filing

not counted in weights or the record

putQQQInvesco QQQ Trust Series 1on $2.56B
putIGViShares Expanded Tech-Softwaon $1.43B
putXLISs Industrial Select Sectoron $959M
putXLYSs Consumer Disc Select Secton $833M
putXLPSs Consumer Staples Sel Secton $800M
putGDXVaneck Gold Miners ETFon $690M
putIHIiShares U.s. Medical Deviceson $618M
putSMHVaneck Semiconductor ETFon $164M
putXMESs SPDR S&P Metals Miningon $96.2M
putRSPInvesco S&P 500 Equal Weighton $84.0M

Filing history

26 quarters since Q1 2020

Quarter	Filed	Lag	Stocks	Positions	Filing
Q2 2026	Aug 14, 2026	45d	$14.3B	17	EDGAR
Q1 2026	May 15, 2026	45d	$15.9B	17	EDGAR
Q4 2025	Feb 18, 2026	49d	$14.5B	19	EDGAR
Q3 2025	Nov 14, 2025	45d	$13.6B	18	EDGAR
Q2 2025	Aug 14, 2025 *	45d	$12.1B	17	EDGAR
Q1 2025	May 15, 2025	45d	$10.9B	23	EDGAR
Q4 2024	Feb 14, 2025 *	45d	$9.05B	22	EDGAR
Q3 2024	Nov 14, 2024	45d	$10.4B	25	EDGAR
Q2 2024	Aug 14, 2024	45d	$10.0B	26	EDGAR
Q1 2024	May 15, 2024	45d	$9.53B	29	EDGAR
Q4 2023	Feb 14, 2024	45d	$8.28B	29	EDGAR
Q3 2023	Nov 14, 2023	45d	$7.55B	29	EDGAR
Q2 2023	Aug 14, 2023	45d	$7.51B	29	EDGAR
Q1 2023	May 15, 2023	45d	$7.43B	23	EDGAR
Q4 2022	Feb 14, 2023 *	45d	$8.13B	26	EDGAR
Q3 2022	Nov 14, 2022	45d	$7.01B	22	EDGAR
Q2 2022	Aug 15, 2022	46d	$4.69B	20	EDGAR
Q1 2022	May 16, 2022	46d	$5.53B	18	EDGAR
Q4 2021	Feb 14, 2022	45d	$6.23B	21	EDGAR
Q3 2021	Nov 15, 2021	46d	$8.70B	23	EDGAR
Q2 2021	Aug 16, 2021 *	47d	$8.28B	23	EDGAR
Q1 2021	May 17, 2021	47d	$7.15B	24	EDGAR
Q4 2020	Feb 16, 2021	47d	$5.76B	21	EDGAR
Q3 2020	Nov 16, 2020	47d	$4.28B	15	EDGAR
Q2 2020	Aug 14, 2020	45d	$3.85B	17	EDGAR
Q1 2020	May 15, 2020	45d	$3.14B	25	EDGAR

They usually file 45 days after the quarter ends. * amended later.

Earlier filings, quarter by quarter

Aug 14
NewSNPS0.7% of the bookNewQNT0.1% of the bookAddedHPE17.7% more sharesAddedNCLH11.4% more sharesTrimmedSU44.1% fewer sharesTrimmedLUV19.9% fewer shares
Holdings as of Jun 30 (Q2 2026), filed 45 days later (the report at the SEC)
May 15
NewNCLH1.6% of the bookNewRIG0.7% of the bookAddedHPE47.2% more sharesAddedHDB268% more sharesAddedSDRL3.5% more sharesTrimmedLUV40.6% fewer shares
Holdings as of Mar 31 (Q1 2026), filed 45 days later (the report at the SEC)
Feb 18
NewHDB0.1% of the bookNewFSK<0.1% of the bookAddedOR42.7% more sharesAddedSDRL23.1% more sharesAddedGLIBK38.4% more sharesExitedOXLCwas 0.1%
Holdings as of Dec 31 (Q4 2025), filed 49 days later (the report at the SEC)
Nov 14
NewUNIT2.6% of the bookNewPEP1.3% of the bookNewBILL1.2% of the bookNewGLIBK0.1% of the bookTrimmedLUV5.3% fewer sharesExitedLiberty Broadband Corpwas 1.9%
Holdings as of Sep 30 (Q3 2025), filed 45 days later (the report at the SEC)
Aug 14
NewHPE3.2% of the bookNewHYG2.5% of the bookNewOR0.5% of the bookAddedPSX22.4% more sharesExitedBMRNwas 2.3%ExitedMTCHwas 1.7%
Holdings as of Jun 30 (Q2 2025), filed 45 days later (the report at the SEC)
May 15
NewEQIX1.1% of the bookNewOsisko Gold Royalties Ltd0.4% of the bookNewSNDK0.3% of the bookAddedPSX1,929% more sharesTrimmedLUV9.5% fewer sharesTrimmedMTCH50.2% fewer shares
Holdings as of Mar 31 (Q1 2025), filed 45 days later (the report at the SEC)

About Elliott Investment Management: Activist. Large stakes sit next to hedges and options. A 13F is up to 45 days old when filed and shows long US stock positions only. Not investment advice.