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Asset Manager ← All Institutions

Elliott Investment Management L.P.

Q4 2025 · Filed 2026-02-18
Market Value
$14.4B
+6.3%
Holdings
19
-1
New Purchases
2
Added To
2
Closed
1
Reduced
0
Top 10 Concentration
95.5%
Turnover
15.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LUV 14.70% 12.06% +2.64% $2.1B
TFPM.TO 30.93% 28.95% +1.97% $4.4B
UNIT 2.88% 2.67% +0.21% $414M
OR 0.77% 0.65% +0.12% $110M
HDB 0.06% 0.00% +0.06% $8M
GLBKV 0.17% 0.13% +0.04% $25M
FSK 0.03% 0.00% +0.03% $4M
ST 0.75% 0.73% +0.02% $108M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PSX 17.28% 19.36% -2.08% $2.5B
PINS 5.04% 6.66% -1.62% $725M
ETSY 1.93% 2.45% -0.53% $277M
HPE 3.11% 3.38% -0.27% $448M
HYG 2.13% 2.28% -0.15% $306M
OXLC 0.00% 0.13% -0.13% $0
CCI 0.76% 0.87% -0.12% $109M
EQIX 0.80% 0.87% -0.07% $115M
PEP 1.27% 1.32% -0.05% $183M
BILL 1.14% 1.18% -0.04% $164M
SU 16.25% 16.28% -0.03% $2.3B

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $183M 1.3%
Large Cap 9 $8.6B 60.1%
Mid Cap 7 $5.5B 38.4%
Small Cap 1 $0 0.0%
Micro Cap 1 $25M 0.2%

Portfolio Analytics

Avg Market Cap
$40.4B
Median Market Cap
$12.8B
Avg P/E
49.1
Median P/E
24.2
Avg Dividend Yield
0.06%
Avg Beta
0.90
# Stocks
18
# ETFs / Funds
1

Top Holdings (19 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TFPM.TO 30.93% 133,815,727 $4.4B $33.22 $530M
2 PSX 17.28% 19,251,000 $2.5B $129.04 -$134M
3 SU 16.25% 52,670,800 $2.3B $44.36 $134M
4 LUV 14.70% 51,128,500 $2.1B $41.33 $482M
5 PINS 5.04% 28,000,000 $725M $25.89 -$176M
6 HPE 3.11% 18,630,978 $448M $24.02 -$10M
7 UNIT 2.88% 59,012,219 $414M $7.01 $53M
8 HYG 2.13% 3,800,000 $306M $80.63 -$2M
9 ETSY 1.93% 5,000,000 $277M $55.44 -$55M
10 PEP 1.27% 1,275,000 $183M $143.52 $4M
11 BILL 1.14% 3,000,000 $164M $54.54 $5M
12 EQIX 0.80% 150,000 $115M $766.16 -$3M
13 OR 0.77% 3,111,000 $110M $35.39 $23M +930,849 +42.7%
14 CCI 0.76% 1,225,000 $109M $88.87 -$9M
15 ST 0.75% 3,250,000 $108M $33.29 $9M
16 GLBKV 0.17% 659,928 $25M $37.21 $7M +183,033 +38.4%
17 HDB 0.06% 216,756 $8M $36.54 +216,756 NEW
18 FSK 0.03% 264,850 $4M $14.81 +264,850 NEW
19 OXLC —% -$17M -1,019,239 -100.0% SOLD

Options Breakdown

2 Calls $720M Call Value 13 Puts $7.3B Put Value 10.12 P/C Ratio

Top Calls

SymbolSharesValueStatus
QQQ 1,000,000 $614M
IGV 1,000,000 $106M

Top Puts

SymbolSharesValueStatus
XLP 20,000,000 $1.6B
GDX 14,000,000 $1.2B
XLI 7,500,000 $1.2B
QQQ 1,500,000 $921M
XLE 16,000,000 $715M
IWD 2,800,000 $589M
NVDA 3,000,000 $560M
XOP 2,398,400 $303M
DLR 1,000,000 $155M
XME 900,000 $93M

New Positions

SymbolValue% Port
HDB $8M 0.06%
FSK $4M 0.03%

Sold Out Positions

SymbolValue% Port
OXLC —%
View SEC EDGAR Filings for Elliott Investment Management L.P. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms