13F filing recap · Q3 2025

What did Elliott Investment Management buy in Q3 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$13.63B

Positions

Estimated turnover

10.0%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Elliott Investment Management opened new positions in Uniti Group, Pepsico, Bill Holdings, Liberty Capital Corp, and Oxford Lane Capital Corp. It exited Liberty Broadband Corporation, Sandisk Corp, Uniti Group Inc., and Western Digital Corporation. The firm also slightly trimmed its Southwest Airlines stake.

New positions

UNITUniti Group Inc.$361.15Mreported value+59.01M shares PEPPepsico, Inc.$179.06Mreported value+1.27M shares BILLBill Holdings, Inc.$158.91Mreported value+3.00M shares GLIBKLiberty Capital Corp/NV$17.77Mreported value+476.9K shares OXLCOxford Lane Capital Corp.$17.26Mreported value+1.02M shares

Reduced positions

LUVSouthwest Airlines Co.$1.63Breported value-2.85M shares-5.3%

Exited positions

LBRDKLiberty Broadband Corporation$234.59Mprior reported value-2.38M shares-100.0%WDCWestern Digital Corporation$143.98Mprior reported value-2.25M shares-100.0%UNITUniti Group Inc.$43.72Mprior reported value-10.12M shares-100.0%SNDKSandisk Corp$34.01Mprior reported value-750.0K shares