Paul Singer runs Elliott Mgmt, an activist overseeing $14.59B in disclosed equity holdings (SEC CIK 0001791786). The latest portfolio (2025Q4) discloses 21 positions across 9 sectors, with the largest positions in TFPM, PSX and SU. On a mark-to-market basis the tracked portfolio has returned 40.6% over the past year. OpenStocks tracks 23 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
Paul Singer (Elliott Mgmt) disclosed 24 option positions for the 2024Q3 quarter — 8 long-calls and 16 long-puts — totaling $8.62B of underlying-share notional value. The largest exposures are a put on SPY, a put on XLE, a put on OIH. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | SPYSPDR S&P 500 ETF TR | 7.2M | $4.13B | 21.4% |
| PUT | XLESELECT SECTOR SPDR TR | 23M | $1.98B | 10.3% |
| PUT | OIHVANECK ETF TRUST | 1.3M | $357.5M | 1.9% |
| PUT | XLFSELECT SECTOR SPDR TR | 7.0M | $317.2M | 1.6% |
| PUT | IWMISHARES TR | 1.3M | $276.1M | 1.4% |
| PUT | JETSETF SER SOLUTIONS | 13M | $265.2M | 1.4% |
| PUT | XMESPDR SER TR | 4.1M | $261.3M | 1.4% |
| PUT | QQQINVESCO QQQ TR | 450K | $219.6M | 1.1% |
| PUT | AALAMERICAN AIRLS GROUP INC | 12M | $129.3M | 0.7% |
| CALL | ARMARM HOLDINGS PLC | 800K | $114.4M | 0.6% |
| CALL | TXNTEXAS INSTRS INC | 500K | $103.3M | 0.5% |
| CALL | QQQINVESCO QQQ TR | 150K | $73.2M | 0.4% |
| PUT | MARMARRIOTT INTL INC NEW | 200K | $49.7M | 0.3% |
| CALL | XLESELECT SECTOR SPDR TR | 550K | $48.3M | 0.3% |
| PUT | HLTHILTON WORLDWIDE HLDGS INC | 200K | $46.1M | 0.2% |
| CALL | ALKALASKA AIR GROUP INC | 1.0M | $45.2M | 0.2% |
| PUT | EQIXEQUINIX INC | 50K | $44.4M | 0.2% |
| PUT | XLBSELECT SECTOR SPDR TR | 450K | $43.4M | 0.2% |
| CALL | AALAMERICAN AIRLS GROUP INC | 3.5M | $39.3M | 0.2% |
| PUT | HHYATT HOTELS CORP | 200K | $30.4M | 0.2% |
| CALL | G4705A100ICON PLC | 43K | $12.4M | 0.1% |
| CALL | IQVIQVIA HLDGS INC | 42K | $10.0M | 0.1% |
| PUT | HSTHOST HOTELS & RESORTS INC | 500K | $8.8M | 0.0% |
| PUT | PKPARK HOTELS & RESORTS INC | 500K | $7.0M | 0.0% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.