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 15 option positions in the 2024Q1 13F filing — 4 long-calls and 11 long-puts — totaling $6.10B of underlying-share notional value. The largest exposures are a put on QQQ, a put on XLE, a put on OIH. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
Options & derivatives
15 positions · $6.10B notional4 CALL · $690.2M11 PUT · $5.41B| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | QQQINVESCO QQQ TR | 3.9M | $1.72B | 10.7% |
| PUT | XLESELECT SECTOR SPDR TR | 16M | $1.46B | 9.1% |
| PUT | OIHVANECK ETF TRUST | 1.7M | $571.8M | 3.5% |
| PUT | XLFSELECT SECTOR SPDR TR | 10M | $421.2M | 2.6% |
| PUT | XRTSPDR SER TR | 5.0M | $394.9M | 2.4% |
| CALL | VLOVALERO ENERGY CORP | 2.0M | $341.4M | 2.1% |
| PUT | IBBISHARES TR | 2.3M | $308.7M | 1.9% |
| PUT | XMESPDR SER TR | 5.0M | $301.4M | 1.9% |
| CALL | LQDISHARES TR | 1.5M | $163.4M | 1.0% |
| PUT | XBISPDR SER TR | 1.1M | $106.8M | 0.7% |
| CALL | TLTISHARES TR | 1.0M | $94.6M | 0.6% |
| CALL | VNQVANGUARD INDEX FDS | 1.1M | $90.8M | 0.6% |
| PUT | DLRDIGITAL RLTY TR INC | 400K | $57.6M | 0.4% |
| PUT | EQIXEQUINIX INC | 50K | $41.3M | 0.3% |
| PUT | JETSETF SER SOLUTIONS | 1.3M | $26.3M | 0.2% |
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.