Elliott Investment Management L.P.: TRIPLE FLAG PRECIOUS METAL (TFPM): Quarterly 13F Position History
As of Q1 2026, Elliott Investment Management L.P. reported 133,248,215 shares of TRIPLE FLAG PRECIOUS METAL (TFPM), worth $4.6B and representing 29.0% of its 13F equity book. Quarter-over-quarter share count change: 567,512 (-0.4%) . The position first appeared in Q3 2022 and has been disclosed across 15 13F-HR filings in Pactolio's tracked window.
- 133,248,215Shares Held (Latest Filing)
- $4.6BReported Market Value (Latest Filing)
- 29.0%Portfolio Weight (% of 13F Equity Book)
- 567,512Quarter-over-Quarter Share Change
- +$179.7MQuarter-over-Quarter Value Change
- 134,587,637Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 15 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 133,248,215 | 567,512 | -0.4% | $4.6B | 29.0% | $34.7 |
| Q4 2025 | 133,815,727 | 0 | — | $4.4B | 30.5% | $33.2 |
| Q3 2025 | 133,815,727 | 0 | — | $3.9B | 28.6% | $29.3 |
| Q2 2025 | 133,815,727 | 0 | — | $3.2B | 26.1% | $23.7 |
| Q1 2025 | 133,815,727 | 0 | — | $2.6B | 23.1% | $19.1 |
| Q4 2024 | 133,815,727 | 0 | — | $2.0B | 21.7% | $15.0 |
| Q3 2024 | 133,815,727 | 0 | — | $2.2B | 20.3% | $16.2 |
| Q2 2024 | 133,815,727 | 0 | — | $2.1B | 19.9% | $15.5 |
| Q1 2024 | 133,815,727 | 0 | — | $1.9B | 19.3% | $14.4 |
| Q4 2023 | 133,815,727 | 0 | — | $1.8B | 19.6% | $13.3 |
| Q3 2023 | 133,815,727 | 771,910 | -0.6% | $1.7B | 21.0% | $13.1 |
| Q2 2023 | 134,587,637 | 0 | — | $1.9B | 22.2% | $13.8 |
| Q1 2023 | 134,587,637 | +4,670,000 | +3.6% | $2.0B | 24.7% | $14.9 |
| Q4 2022 | 129,917,637 | +771,910 | +0.6% | $1.8B | 20.9% | $13.8 |
| Q3 2022 | 129,145,727 | — | — | $1.6B | 23.0% | $12.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Elliott Investment Management L.P. first disclose a TFPM position in 13F-HR filings?
Elliott Investment Management L.P. first reported TRIPLE FLAG PRECIOUS METAL (TFPM) on its 13F-HR filing for the period ending 2022-09-30 (Q3 2022). The position has appeared on 15 reported quarters within Pactolio's tracked window.
What was Elliott Investment Management L.P.'s most recent quarter-over-quarter share-count change in TFPM?
Between Q4 2025 and Q1 2026, Elliott Investment Management L.P. reduced its TFPM position by 567,512 shares (-0.4%), leaving 133,248,215 shares at a market value of $4.6B.
Does the implied price-per-share represent Elliott Investment Management L.P.'s cost basis in TFPM?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.