Elliott Investment Management

Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle. In the first quarter of 2025, Elliott Investment Management hiked its energy sector exposure from 23.84% to a commanding 37.64%, making it the firm's largest allocation. Phillips 66, Suncor: Singer’s...

Activist investor Elliott Investment Management scored a victory on Monday when Institutional Shareholder Services recommended investors elect all four of Elliott’s director nominees to the Phillips 66 (NYSE:PSX) board, bolstering the hedge fund’s campaign for strategic changes at the...

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66 (NYSE:PSX), significantly expanding its position in the U.S. oil refiner and intensifying pressure for operational restructuring, particularly regarding its midstream business. Elliott's latest...

Elliott Investment Management was busy in the third quarter. According to a new 13-F filing with the SEC, the activist made several portfolio moves, with multiple new positions focused around travel and lodging. Here are all of Elliott’s new positions from the third quarter: Utilities Select...

The U.S. Global Jets ETF (NYSE:JETS) is soaring, up 51.65% over the past year, powered by strong gains in its top holdings, including Delta Air Lines Inc (NYSE:DAL) and Southwest Airlines Co (NYSE:LUV). The ETF just made a Golden Cross, a bullish signal signaling more upside ahead. Chart created...

Southwest Airlines Co. (NYSE:LUV) is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management. In its recent earnings report, the airline posted a 5.3% increase in total operating revenue, hitting $6.87 billion —...

Elliott Investment Management and Southwest Airlines (NYSE:LUV) have begun discussing a potential settlement that could avoid a proxy fight for control of the airline company’s board. What Happened: Elliott has proposed a plan that involves giving it representation on the airline’s...

Rakesh Gangwal, a director at Southwest Airlines Co (NYSE:LUV), has made a significant investment in the company by acquiring 3.6 million shares, valued at over $100 million. This purchase comes amid mounting pressure from activist investor Elliott Investment Management for changes in leadership....

Ahead of the scheduled meeting on Sept. 9, Elliott Investment Management has secured enough shares to call a special meeting at Southwest Airlines (NYSE:LUV). What Happened: Elliott Investment now holds 10% of Southwest Airlines’ common stock, enabling the hedge fund to call a special meeting...

Activist hedge fund Elliott Investment Management and Southwest Airlines Co. (NYSE:LUV) plan to meet for the first time on a couple of weeks to talk about possible changes to the airline. Elliott, which holds more than 9.7% of Southwest’s voting power, said it is eager to meet with company...

In a recent regulatory filing, Elliott Investment Management revealed that it has a beneficial ownership of 7% in Southwest Airlines (NYSE:LUV). What Happened: The 7% stake includes 23.3 million common shares and 18.6 million physical derivative agreements. This brings Elliott’s total...

The activist hedge fund Starboard Value which was founded in 2002 by Jeffrey Smith and Mark Mitchell with Smith serving as CEO has acquired a substantial stake in Match Group Inc (NASDAQ:MTCH), the parent company of Tinder. The fund is urging Match Group to enhance its margins or consider a sale if...

Southwest Airlines Company (NYSE:LUV) has implemented a limited-duration shareholder rights plan in response to an 11% stake by Elliott Investment Management. Gary Kelly, Executive Chairman of the Board, said, “In light of the potential for Elliott to significantly increase its position in...

Editor’s Note: The headline has been revised for clarity, and the article updated with comments from a Southwest spokesperson. Southwest Airlines Co (NYSE:LUV) CEO Bob Jordan is determined to keep his top spot at the company, despite pressure from an activist investor that is looking to shake...

Elliott Investment Management, an activist investor, has built a nearly $2 billion stake in Southwest Airlines Co (NYSE:LUV), and is set to advocate for changes to enhance the airline’s underperforming shares. What Happened: Elliott Investment Management, a hedge fund led by billionaire Paul...