Elliott buys Pinterest, exits Twitter in Q2 - InvestingChannel

Elliott buys Pinterest, exits Twitter in Q2

Paul Singer’s Elliott Management disclosed in an SEC filing its holdings as of June 30, 2022. The fund’s six new buys during the second quarter included, by size of position, Aerojet (AJRD), Pinterest (PINS), PayPal (PYPL), Endeavor Group (EDR), and Western Digital (WDC). Elliott exited four positions during the quarter, including by size of previous position Twitter (TWTR), Evergy (EVRG), APA Corp. (APA), and AT&T (T). The fund increased its stake in two holdings, namely Valaris (VAL) and Noble (NE). Elliott’s top holdings as of June 30, in order of size, were Howmet (HWM), Marathon Petroleum (MPC), Peabody Energy (BTU), Nielsen (NLSN), and Suncor Energy (SU).

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