- Elliott Investment Management, the hedge fund led by Paul Singer, took on new stakes in Aerojet Rocketdyne ( NYSE: AJRD ), Pinterest ( NYSE: PINS ), PayPal Holdings ( NASDAQ: PYPL ) and Endeavor Group Holdings ( NYSE: EDR ) in Q2, while disposing of its stakes in Twitter ( NYSE: TWTR ), Evergy ( NYSE: EVRG ), and APA Corp. ( NASDAQ: APA ) in Q2, according to its 13F filing .
- The company acquired 3M shares in Aerojet Rocketdyne ( AJRD ), 5M shares of social media app Pinterest ( PINS ), 1M shares of payment tech company PayPal ( PYPL ) and 3M shares of Endeavor Group ( EDR ).
- It increased its holdings in Valaris ( NYSE: VAL ) to ~1.99M shares from 1.90M and in Noble Corp. ( NYSE: NE ) to 2.85M shares from 2.60M.
- Earlier, Elliott Management took a large position in Cardinal Health ( NYSE: CAH ) and has nominated five directors to the drug wholesaler's board, the Wall Street Journal reported .
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Elliott Management takes new stakes in Aerojet, Pinterest, PayPal; exits Twitter