Elliott Investment Management L.P. — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Elliott Investment Management L.P. initiated 2 new positions, increased allocation to 3 existing positions, trimmed 3 positions, and exited 4 positions entirely. The fund's 13F equity book grew from $14.59B to $15.93B (+9.2% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $14.59BPrior quarter
- $15.93BCurrent quarter
- + $1.35BNet delta
- +9.2%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| NORWEGIAN CRUISE LINE HLDGS | NCLH | 1.55% | History → |
| TRANSOCEAN LTD | RIG | 0.65% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| HDFC BANK LTD | HDB | +0.07% | +267.73% | Holders → |
| HEWLETT PACKARD ENTERPRISE CO | HPE | +1.03% | +47.18% | History → |
| SEADRILL LTD | SDRL | +0.27% | +3.52% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| SOUTHWEST AIRLS CO | LUV | -7.33% | -40.65% | History → |
| IP STRATEGY HOLDINGS INC | UNKNOWN | -0.15% | -19.35% | Holders → |
| TRIPLE FLAG PRECIOUS METAL | TFPM | -1.45% | -0.42% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ISHARES TR | HYG | 2.10% |
| BILL HOLDINGS INC | BILL | 1.12% |
| SENSATA TECHNOLOGIES HLDNG P | ST | 0.74% |
| FS KKR CAP CORP | FSK | 0.03% |
Methodology & FAQ
How Elliott Investment Management L.P. Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Elliott Investment Management L.P. against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Elliott Investment Management L.P. initiate in Q1 2026?
Elliott Investment Management L.P. established 2 new positions in Q1 2026: NORWEGIAN CRUISE LINE HLDGS (NCLH, 1.55%), TRANSOCEAN LTD (RIG, 0.65%).
Which existing positions saw the largest allocation increases for Elliott Investment Management L.P. in Q1 2026?
The largest portfolio-weight increases in existing positions were: HDFC BANK LTD (HDB, +0.07% weight, +267.73% shares), HEWLETT PACKARD ENTERPRISE CO (HPE, +1.03% weight, +47.18% shares), SEADRILL LTD (SDRL, +0.27% weight, +3.52% shares).
Which positions did Elliott Investment Management L.P. fully exit in Q1 2026?
Elliott Investment Management L.P. fully exited 4 positions in Q1 2026: ISHARES TR (HYG, last-reported weight 2.10%), BILL HOLDINGS INC (BILL, last-reported weight 1.12%), SENSATA TECHNOLOGIES HLDNG P (ST, last-reported weight 0.74%), FS KKR CAP CORP (FSK, last-reported weight 0.03%).
Which existing positions saw the largest allocation reductions for Elliott Investment Management L.P. in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: SOUTHWEST AIRLS CO (LUV, -7.33% weight, -40.65% shares), IP STRATEGY HOLDINGS INC (UNKNOWN, -0.15% weight, -19.35% shares), TRIPLE FLAG PRECIOUS METAL (TFPM, -1.45% weight, -0.42% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.