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Elliott exits Cardinal Health, cuts NRG Energy in Q4

Elliott exits Cardinal Health, cuts NRG Energy in Q4

Paul Singer’s Elliott Investment Management disclosed in an SEC filing its holdings as of December 31, 2024. The fund exited two positions during the fourth quarter, including by size of previous position Cardinal Health (CAH) and Utilities Select Sector SPDR Fund (XLU). Elliott increased its stake in two holdings, including by size of previous position CorMedix (CRMD) and HDFC Bank (HDB). Elliott reduced its stake in two holdings, including by size of previous position NRG Energy (NRG) and Southwest Air (LUV). The fund’s top holdings as of December 31, in order of size, were Triple Flag (TFPM), Southwest, Suncor (SU), Pinterest (PINS), and NRG Energy.

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