Elliott Investment Management L.P.
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 18 quarters, returned +1.6% per quarter — versus +3.3% per quarter from simply owning every 13F stock. It beat that baseline in only 50.0% of quarters (excess t = 0.56, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 19 holdings of 19 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| TFPM | $4.6B | | HOLD |
| PSX | $3.5B | | HOLD |
| SU | $3.5B | | HOLD |
| LUV | $1.1B | | TRIM |
| HPE | $653M | | ADD |
| UNIT | $554M | | HOLD |
| PINS | $514M | | HOLD |
| ETSY | $250M | | HOLD |
| NCLH | $247M | | NEW |
| SDRL | $215M | | ADD |
| PEP | $198M | | HOLD |
| EQIX | $147M | | HOLD |
| OR | $118M | | HOLD |
| RIG | $104M | | NEW |
| CCI | $100M | | HOLD |
| W | $26M | | HOLD |
| GLIBK | $25M | | HOLD |
| HDB | $20M | | ADD |
| MSTR | $12M | | TRIM |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q1
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.