Thos Robinson
Paul Singer's Elliott Management took new positions in Nvidia (NASDAQ:NVDA), with 5K shares, Transocean (NYSE:RIG), with 9.75M shares, and iShares Bitcoin Trust ETF (NASDAQ:IBIT), with 296K shares, during Q1 2024, according to the hedge fund's latest 13F filing dated Wednesday.
The fund exited its holdings in Valaris (NYSE:VAL), Fidelity National Information Services (NYSE:FIS) and Reservoir Media (NASDAQ:RSVR).
Among some of the increased stakes include Suncor Energy (NYSE:SU), to 52.7M shares from 10.0M, and Etsy (NASDAQ:ETSY), to 2.25M from 1.90M.
It trimmed its stakes in Peabody Energy (NYSE:BTU), to 3.74M from 13.2M, and Marathon Petroleum (NYSE:MPC), to 7.37M from 11.1M, the filing showed.