Paul Singer
Paul Singer runs Elliott Mgmt, an activist overseeing $22.59B in disclosed equity holdings (SEC CIK 0001791786). The latest 13F filing (2025Q4) discloses 21 positions across 9 sectors, with the largest positions in TFPM, PSX and SU. On a mark-to-market basis the tracked portfolio has returned 38.3% over the past year. OpenStocks tracks 23 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.
What Paul is holding in options
Paul Singer (Elliott Mgmt) disclosed 19 option positions in the 2023Q3 13F filing — 2 long-calls and 17 long-puts — totaling $4.58B of underlying-share notional value. The largest exposures are a put on XLE, a put on OIH, a put on IBB. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
Options & derivatives
19 positions · $4.58B notional2 CALL · $237.6M17 PUT · $4.34B| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | XLESELECT SECTOR SPDR TR | 18M | $1.58B | 12.2% |
| PUT | OIHVANECK ETF TRUST | 1.9M | $655.6M | 5.1% |
| PUT | IBBISHARES TR | 4.6M | $564.7M | 4.4% |
| PUT | XLISELECT SECTOR SPDR TR | 3.0M | $304.1M | 2.4% |
| PUT | XLFSELECT SECTOR SPDR TR | 7.0M | $232.2M | 1.8% |
| PUT | XLVSELECT SECTOR SPDR TR | 1.4M | $180.2M | 1.4% |
| CALL | SUSUNCOR ENERGY INC NEW | 4.5M | $154.7M | 1.2% |
| PUT | VNQVANGUARD INDEX FDS | 1.9M | $147.5M | 1.1% |
| PUT | IWMISHARES TR | 600K | $106.0M | 0.8% |
| PUT | DIASPDR DOW JONES INDL AVERAGE | 300K | $100.5M | 0.8% |
| PUT | MARMARRIOTT INTL INC NEW | 500K | $98.3M | 0.8% |
| CALL | FISFIDELITY NATL INFORMATION SV | 1.5M | $82.9M | 0.6% |
| PUT | G7997R103SEAGATE TECHNOLOGY HLDNGS PL | 1.3M | $82.4M | 0.6% |
| PUT | TSMTAIWAN SEMICONDUCTOR MFG LTD | 725K | $63.0M | 0.5% |
| PUT | DLRDIGITAL RLTY TR INC | 500K | $60.5M | 0.5% |
| PUT | AAPLAPPLE INC | 350K | $59.9M | 0.5% |
| PUT | QQQINVESCO QQQ TR | 166K | $59.3M | 0.5% |
| PUT | SWKSSKYWORKS SOLUTIONS INC | 250K | $24.6M | 0.2% |
| PUT | JETSETF SER SOLUTIONS | 1.0M | $17.0M | 0.1% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.