2023-08-14 17:53:02 ET
- During the second quarter, Elliott Management took new positions in Seadrill ( NYSE: SDRL ) with ~7.06M shares, Constellation Brands ( NYSE: STZ ) with 441K shares, NuStar Energy ( NYSE: NS ) with 28.4K shares, and Phillips 66 ( NYSE: PSX ) with 775K shares, according to the Paul Singer-led hedge fund's 13F filing issued on Monday.
- The firm exited its stakes in PayPal ( NASDAQ: PYPL ) and Clarivate ( NYSE: CLVT ) during the quarter and reduced holdings in Bausch Health Companies ( NYSE: BHC ) to 11.5K shares from ~14.6K shares, and Howmet Aerospace ( NYSE: HWM ) to ~17.1M shares from ~24.7M shares.
- Boosted stakes in Endeavor Group Holdings ( NYSE: EDR ) to ~3.56M shares from 3M shares, and Pinterest ( NYSE: PINS ) to 28M shares from ~27.9M shares.
- In the last quarter, Elliott took a new stake in Reservoir Media and exited News Corp.
For further details see:
Elliott Management opens new stakes in Seadrill, exits PayPal, Clarivate