13F HOLDINGS REPORT
Elliott Investment Management L.P.
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001013594-25-001440
Total Value
$22.72B
Positions
35
Other Managers
2
Confidential Omitted
No
Holdings (35)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TRIPLE FLAG PRECIOUS METAL | TFPM | 133,815,727 | $3.92B | 17.23% |
| 2 | PHILLIPS 66 | PSX | 19,251,000 | $2.62B | 11.52% |
| 3 | SUNCOR ENERGY INC NEW | SU | 52,670,800 | $2.20B | 9.69% |
| 4 | SOUTHWEST AIRLS CO | 844741108 | 51,128,500 | $1.63B | 7.18% |
| 5 | INVESCO QQQ TR | IVZ | 2,000,000 | $1.20B | 5.28% |
| 6 | SELECT SECTOR SPDR TR | 81369Y308 | 15,000,000 | $1.18B | 5.17% |
| 7 | SELECT SECTOR SPDR TR | 81369Y704 | 7,500,000 | $1.16B | 5.09% |
| 8 | ISHARES TR | 464287598 | 5,000,000 | $1.02B | 4.48% |
| 9 | PINTEREST INC | PINS | 28,000,000 | $900.8M | 3.96% |
| 10 | VANECK ETF TRUST | 92189F106 | 11,500,000 | $878.6M | 3.87% |
| 11 | NVIDIA CORPORATION | NVDA | 4,330,000 | $807.9M | 3.56% |
| 12 | INVESCO QQQ TR | IVZ | 1,250,000 | $750.5M | 3.30% |
| 13 | SELECT SECTOR SPDR TR | 81369Y506 | 8,000,000 | $714.7M | 3.15% |
| 14 | HEWLETT PACKARD ENTERPRISE C | HPE-PC | 18,630,978 | $457.6M | 2.01% |
| 15 | UNITI GROUP LLC | UNIT | 59,012,219 | $361.2M | 1.59% |
| 16 | ETSY INC | ETSY | 5,000,000 | $331.9M | 1.46% |
| 17 | SPDR SERIES TRUST | 78468R556 | 2,400,000 | $317.3M | 1.40% |
| 18 | ISHARES TR | 464288513 | 3,800,000 | $308.5M | 1.36% |
| 19 | SELECT SECTOR SPDR TR | 81369Y209 | 2,000,000 | $278.3M | 1.23% |
| 20 | ISHARES TR | 464287515 | 2,000,000 | $230.0M | 1.01% |
| 21 | PEPSICO INC | PEP | 1,275,000 | $179.1M | 0.79% |
| 22 | DIGITAL RLTY TR INC | 253868103 | 1,000,000 | $172.9M | 0.76% |
| 23 | BILL HOLDINGS INC | BILL | 3,000,000 | $158.9M | 0.70% |
| 24 | SPDR SERIES TRUST | 78464A755 | 1,400,000 | $130.5M | 0.57% |
| 25 | CROWN CASTLE INC | CCI | 1,225,000 | $118.2M | 0.52% |
| 26 | EQUINIX INC | EQIX | 150,000 | $117.5M | 0.52% |
| 27 | ISHARES TR | 464287515 | 1,000,000 | $115.0M | 0.51% |
| 28 | SEADRILL LTD | SDRL | 3,703,746 | $111.9M | 0.49% |
| 29 | SENSATA TECHNOLOGIES HLDG PL | ST | 3,250,000 | $99.3M | 0.44% |
| 30 | OR ROYALTIES INC. | OR | 2,180,151 | $87.4M | 0.38% |
| 31 | WHEATON PRECIOUS METALS CORP | WPM | 650,000 | $72.7M | 0.32% |
| 32 | STRATEGY INC | STRK | 16,000,000 | $35.9M | 0.16% |
| 33 | WAYFAIR INC | W | 15,000,000 | $31.1M | 0.14% |
| 34 | GCI LIBERTY INC | GLIBK | 476,895 | $17.8M | 0.08% |
| 35 | OXFORD LANE CAP CORP | OXLCZ | 1,019,239 | $17.3M | 0.08% |