Elliott·Activist Capital

Elliott Management

AI 수요가 기업의 비용 구조와 자본배분 압력으로 어떻게 연결되는지 봅니다.

소프트웨어와 네트워킹 기업에서 재편 가능성이 있는 이름을 늘렸습니다. 확신도보다 촉매와 자본배분 압력에 초점을 둬야 합니다.
13F Value
$16.52B
$470M
AI Exposure
24.2%
+2.5p
Filing
2026-05-15
Mock accession
실제 SEC 13F 캐시

Elliott Investment Management L.P. · 2025-12-31 2026-03-31 · accession 0001013594-26-000613

13F Value
$20.11B
-$2.48B
Holdings
33
-1
Unmapped CUSIP
13
raw rows 33

SEC Top 매수

NEW
XLY SELECT SECTOR SPDR TR
Option · Shares +100.0%
$469M
NEW
464288513 ISHARES TR
Option · Shares +100.0%
$398M
NEW
NCLH NORWEGIAN CRUISE LINE HLDGS
Common · Shares +100.0%
$247M
ADD
HPE HEWLETT PACKARD ENTERPRISE C
Common · Shares +47.2%
$205M
NEW
SMH VANECK ETF TRUST
Option · Shares +100.0%
$184M

SEC Top 매도

TRIM
SMH VANECK ETF TRUST
Option · Shares -88.2%
-$1.05B
TRIM
LUV SOUTHWEST AIRLS CO
Common · Shares -40.6%
-$973M
TRIM
XLP SELECT SECTOR SPDR TR
Option · Shares -54.3%
-$804M
EXIT
81369Y506 SELECT SECTOR SPDR TR
Option · Shares -100.0%
-$715M
TRIM
QQQ INVESCO QQQ TR
Option · Shares -73.3%
-$691M

최근 4개 분기 변화

Q2 2025
Q3 2025
Q4 2025
Q1 2026

AI 세그먼트별 비중

Data Center Infra4.0% · $238M
Consumer AI2.6% · -$211M

전체 보유 종목 변화

TickerTypeChangeShares NowShares PrevShares %Value NowValue ChangeWeightAI SegmentAIConvictionFreshness
SU
SUNCOR ENERGY INC NEW
CommonHOLD52,670,80052,670,8000.0%$3.48B$1.15B17.3%Unmapped / Non-AI0100신선도 보통
SMH
VANECK ETF TRUST
OptionTRIM1,650,00014,000,000-88.2%$151M-$1.05B0.8%AI Semiconductor7062신선도 보통
PSX
PHILLIPS 66
CommonHOLD19,251,00019,251,0000.0%$3.51B$1.02B17.4%Unmapped / Non-AI0100신선도 보통
LUV
SOUTHWEST AIRLS CO
CommonTRIM30,346,00051,128,500-40.6%$1.14B-$973M5.7%Unmapped / Non-AI062신선도 보통
XLP
SELECT SECTOR SPDR TR
OptionTRIM9,140,00020,000,000-54.3%$749M-$804M3.7%Unmapped / Non-AI054신선도 보통
미매핑
SELECT SECTOR SPDR TR
OptionEXITN/A16,000,000-100.0%N/A-$715MN/AUnmapped / Non-AI073신선도 보통
QQQ
INVESCO QQQ TR
OptionTRIM400,0001,500,000-73.3%$231M-$691M1.1%Unmapped / Non-AI046신선도 보통
QQQ
INVESCO QQQ TR
OptionEXITN/A1,000,000-100.0%N/A-$614MN/AUnmapped / Non-AI068신선도 보통
NVDA
NVIDIA CORPORATION
OptionEXITN/A3,000,000-100.0%N/A-$560MN/AAI Semiconductor10065신선도 보통
XLY
SELECT SECTOR SPDR TR
OptionNEW4,300,000N/A+100.0%$469M$469M2.3%Unmapped / Non-AI063신선도 보통
미매핑
ISHARES TR
OptionNEW5,000,000N/A+100.0%$398M$398M2.0%Unmapped / Non-AI059신선도 보통
미매핑
ISHARES TR
OptionTRIM1,000,0002,800,000-64.3%$214M-$375M1.1%Unmapped / Non-AI033신선도 보통
미매핑
ISHARES TR
ETFEXITN/A3,800,000-100.0%N/A-$306MN/AUnmapped / Non-AI051신선도 보통
미매핑
SPDR SERIES TRUST
OptionEXITN/A2,398,400-100.0%N/A-$303MN/AUnmapped / Non-AI051신선도 보통
NCLH
NORWEGIAN CRUISE LINE HLDGS
CommonNEW13,186,000N/A+100.0%$247M$247M1.2%Unmapped / Non-AI050신선도 보통
PINS
PINTEREST INC
CommonHOLD28,000,00028,000,0000.0%$514M-$211M2.6%Consumer AI4815신선도 보통
HPE
HEWLETT PACKARD ENTERPRISE C
CommonADD27,421,73518,630,978+47.2%$653M$205M3.2%Data Center Infra5635신선도 보통
SMH
VANECK ETF TRUST
OptionNEW2,000,000N/A+100.0%$184M$184M0.9%AI Semiconductor7046신선도 보통
TFPM
TRIPLE FLAG PRECIOUS METAL
CommonHOLD133,248,215133,815,727-0.4%$4.63B$180M23.0%Unmapped / Non-AI0100신선도 보통
미매핑
BILL HOLDINGS INC
CommonEXITN/A3,000,000-100.0%N/A-$164MN/AUnmapped / Non-AI044신선도 보통
UNIT
UNITI GROUP LLC
CommonHOLD59,012,21959,012,2190.0%$554M$140M2.8%Unmapped / Non-AI018신선도 보통
IWM
ISHARES TR
OptionNEW500,000N/A+100.0%$124M$124M0.6%Unmapped / Non-AI042신선도 보통
DLR
DIGITAL RLTY TR INC
OptionADD1,500,0001,000,000+50.0%$270M$116M1.3%Unmapped / Non-AI023신선도 보통
미매핑
SENSATA TECHNOLOGIES HLDG PL
CommonEXITN/A3,250,000-100.0%N/A-$108MN/AUnmapped / Non-AI041신선도 보통
미매핑
ISHARES TR
OptionEXITN/A1,000,000-100.0%N/A-$106MN/AUnmapped / Non-AI041신선도 보통
RIG
TRANSOCEAN LTD
CommonNEW15,626,834N/A+100.0%$104M$104M0.5%Unmapped / Non-AI041신선도 보통
미매핑
SEADRILL LTD
CommonADD4,719,0854,558,758+3.5%$215M$57M1.1%Unmapped / Non-AI012신선도 보통
XLI
SELECT SECTOR SPDR TR
OptionHOLD7,500,0007,500,0000.0%$1.21B$50M6.0%Unmapped / Non-AI031신선도 보통
FTV
FORTIVE CORP
OptionNEW750,000N/A+100.0%$41M$41M0.2%Unmapped / Non-AI037신선도 보통
EQIX
EQUINIX INC
CommonHOLD150,000150,0000.0%$147M$32M0.7%Data Center Infra7212신선도 보통
미매핑
ISHARES TR
OptionEXITN/A300,000-100.0%N/A-$32MN/AUnmapped / Non-AI037신선도 보통
ETSY
ETSY INC
CommonHOLD5,000,0005,000,0000.0%$250M-$27M1.2%Unmapped / Non-AI012신선도 보통
미매핑
EMERSON ELEC CO
OptionNEW200,000N/A+100.0%$26M$26M0.1%Unmapped / Non-AI037신선도 보통
미매핑
PEPSICO INC
CommonHOLD1,275,0001,275,0000.0%$198M$15M1.0%Unmapped / Non-AI012신선도 보통
미매핑
WHEATON PRECIOUS METALS CORP
OptionNEW100,000N/A+100.0%$13M$13M0.1%Unmapped / Non-AI036신선도 보통
미매핑
HDFC BANK LTD
ADRADD797,085216,756+267.7%$20M$12M0.1%Unmapped / Non-AI026신선도 보통
미매핑
STRATEGY INC
DebtTRIM10,000,00016,000,000-37.5%$12M-$11M0.1%Unmapped / Non-AI012신선도 보통
미매핑
CROWN CASTLE INC
CommonHOLD1,225,0001,225,0000.0%$100M-$9M0.5%Unmapped / Non-AI012신선도 보통
미매핑
OR ROYALTIES INC.
CommonHOLD3,111,0003,111,0000.0%$118M$8M0.6%Unmapped / Non-AI012신선도 보통
미매핑
WAYFAIR INC
DebtHOLD15,000,00015,000,0000.0%$26M-$8M0.1%Unmapped / Non-AI012신선도 보통
미매핑
SPDR SERIES TRUST
OptionHOLD900,000900,0000.0%$97M$4M0.5%Unmapped / Non-AI012신선도 보통
미매핑
FS KKR CAP CORP
CommonEXITN/A264,850-100.0%N/A-$4MN/AUnmapped / Non-AI035신선도 보통
미매핑
GCI LIBERTY INC
CommonHOLD659,928659,9280.0%$25M$00.1%Unmapped / Non-AI012신선도 보통
해석 주의

대형 운용사는 여러 전략과 팀의 포지션이 합쳐질 수 있습니다. 특히 멀티전략/퀀트 펀드는 Conviction Score보다 flow/crowdedness 지표로 해석하는 편이 적절합니다.