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Elliott Management bought BioMarin and Etsy during Q4, exited Arm

Elliott Management bought BioMarin and Etsy during Q4, exited Arm

Paul Singer’s Elliott Management disclosed in an SEC filing its holdings as of December 31, 2023. The fund’s new buys during Q4 included, by size of position, BioMarin (BMRN), Etsy (ETSY), Crown Castle (CCI) and Match Group (MTCH). Elliott’s exited positions during the quarter include Arm (ARM), NiSource (NI) and Noble Corp. (NE). The fund’s increased stakes in Q4 included FIS (FIS), E2open (ETWO) and Constellation Brands (STZ). Elliott reduced its stake in Peabody Energy (BTU), Howmet Aerospace (HWM), Valaris (VAL), Seadrill (SDRL) and Reservoir Media (RSVR). The fund’s top holdings as of December 31, in order of size, were Triple Flag Precious Metals (TFPM), Marathon Petroleum (MPC) Pinterest (PINS), NRG Energy (NRG) and Suncor (SU).

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