Here Are Billionaire Paul Singer's 5 Biggest Stock Holdings
Oops, something went wrong Paul Singer, the founder and head of Elliott Investment Management, is one of the world's most successful and influential activist investors working today. With a net worth of around $6 billion, Singer's moves are closely watched. He has invested heavily in puts on the S&P 500 (SNPINDEX: ^GSPC), the Nasdaq-100, and elsewhere, indicating a bearish or protective stance. However, he also has large holdings in several stocks. Let's take a look at the top five stock holdings of Elliott Management as of the end of 2024 to see what he's bullish on. Triple Flag Precious Metals (NYSE: TFPM) was the fund's biggest holding at 133.8 million shares, which now has a value of $2.6 billion. Elliott owns roughly two-thirds of the precious metals streaming and royalties company, which helps fund mining companies and acts as a guaranteed buyer. The investment seems to indicate a bullishness on gold and other precious metals. Suncor Energy (NYSE: SU) has been one of Singer's biggest holdings since 2022, when Elliott pushed the company to add new board members, overhaul its management team, and undergo a strategic review. Elliott now owns 52.7 million shares of the Canadian oil and gas stock, worth $2 billion. Southwest Airlines (NYSE: LUV) is one of Elliott's biggest activist targets. In October, the airline agreed to name six new directors to its board, and its Chairman Gary Kelly retired several months earlier than expected. Elliott now owns 54 million shares, currently worth about $1.8 billion. At Pinterest (NYSE: PINS), the social media company, Elliott struck a deal to add one of its portfolio managers, Marc Steinberg, to the board. It currently owns 28 million shares of Pinterest worth roughly $900 million. Elliott Management has also battled with NRG Energy (NYSE: NRG), calling for a new CEO and strategic review at the company in 2023 at the diversified utility. The hedge fund finished the year with 4.8 million shares worth around $460 million. Before you buy stock in Triple Flag Precious Metals, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Triple Flag Precious Metals wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $672,177!* Now, it’s worth noting Stock Advisor’s total average return is 815% — a market-crushing outperformance compared to 162% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of March 24, 2025 Jeremy Bowman has positions in Pinterest. The Motley Fool has positions in and recommends Pinterest. The Motley Fool recommends Southwest Airlines. The Motley Fool has a disclosure policy. Here Are Billionaire Paul Singer's 5 Biggest Stock Holdings was originally published by The Motley Fool Sign in to access your portfolio