Elliott Management

Hedge Fund Elliott Management's Q2 Moves Include Positions Tied To S&P 500, Nasdaq, Nvidia (CORRECTED)

Editor's Note: This article has been updated to clarify language around options holdings

Activist hedge fund Elliott Management, led by Paul Singer, revealed several new investments in the second quarter, including bets tied to the S&P 500 and one of the most valuable companies in the world.

New Positions: In the second quarter, Elliott Management took seven new positions, with four of them being put options.

A new 13F filing shows the new positions as follows, as reported by 13finfo:

Hewlett Packard Enterprise is a new 18.6 million long bet on the company.

Read Also: Buffett Reveals UnitedHealth Stake, Trims Apple In Berkshire Hathaway Q2 13F Filing

Changes in Positions: Elliott Management increased several positions during the second quarter.

Here were the positions that were increased and the percent change from the first quarter:

A position in Phillips 66 was the lone increase among stock positions in the quarter.

Here were the positions that were decreased and the percent change from the first quarter:

The fund exited many positions in the quarter.

Following the top four positions, five of the top 10 investments are puts on SPY, QQQ, IWD, XLI and NVDA.

The other top 10 bet is a long position in Pinterest Inc (NYSE:PINS), ranking sixth at 5.7% of the fund.

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