Elliott Management discloses 4Q14 positions

Highlights of Elliott Management’s 4Q14 positions (Part 1 of 10)

Overview of Elliott Management

Paul Singer’s Elliott Management, a New York–based hedge fund, disclosed new positions in a 13F filed last month. In this series, we’ll discuss some of the notable positions the hedge fund traded in 4Q14, which ended in December 2014.

Elliott’s 4Q 13F highlights

The total value of Elliott Management’s US long portfolio increased to $9.59 billion in 4Q14, up from $8.79 billion in 3Q14.

Elliott’s notable positions in 4Q

The hedge fund started new positions in Allergan (AGN), Informatica (INFA), Cubist Pharmaceuticals (CBST), and Marathon Oil (MRO). The company increased its stake in Family Dollar Stores (FDO), Anadarko Petroleum (APC), and Time Warner Cable (TWC). The fund also exited its positions in Covidien (COV), CompuWare (CPWR), and VMWare (VMW), and decreased its position in the iShares Russell 2000 Index Fund ETF (IWM).

The top holdings of Elliott Management include Hess Corporation (13.70%), EMC (10.39%), Juniper Networks (9.13%), and Family Dollar Stores (6.69%).

Elliott Management has over 83 stocks in its portfolio.

Continue to Part 2

Browse this series on Market Realist:

• Part 2 - Elliott Management adds new position in Allergan

• Part 3 - Elliott Management adds new position in Informatica

• Part 4 - Elliott Management starts new position in Cubist Pharmaceuticals