Elliott sold Marathon Petroleum during Q3, bought more Southwest

Paul Singer’s Elliott Investment Management disclosed in an SEC filing its holdings as of September 30, 2024. The fund’s one new buy during the third quarter was Utilities Select Sector SPDR (XLU). Elliott exited two positions during the quarter: Marathon Petroleum (MPC) and iShares iBoxx $ High Yield Corporate Bond (HYG). The fund increased its stake in several holdings, including Southwest (LUV), Match Group (MTCH), Liberty Broadband (LBRDK), Western Digital (WDC) and Etsy (ETSY). Elliott decreased its stake in Seadrill (SDRL) and NRG Energy (NRG). The fund’s top holdings as of September 30, in order of size, were Triple Flag (TFPM), Suncor (SU), Southwest, Pinterest (PINS), and NRG Energy.