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 17 option positions in the 2024Q2 13F filing — 2 long-calls and 15 long-puts — totaling $6.93B 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
17 positions · $6.93B notional2 CALL · $234.5M15 PUT · $6.69B| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | QQQINVESCO QQQ TR | 5.9M | $2.83B | 16.3% |
| PUT | XLESELECT SECTOR SPDR TR | 15M | $1.32B | 7.6% |
| PUT | OIHVANECK ETF TRUST | 1.4M | $458.5M | 2.6% |
| PUT | IBBISHARES TR | 2.8M | $384.3M | 2.2% |
| PUT | RSPINVESCO EXCHANGE TRADED FD T | 1.9M | $316.2M | 1.8% |
| PUT | XLFSELECT SECTOR SPDR TR | 7.5M | $308.3M | 1.8% |
| PUT | XMESPDR SER TR | 5.0M | $296.6M | 1.7% |
| PUT | IWMISHARES TR | 1.0M | $202.9M | 1.2% |
| PUT | JETSETF SER SOLUTIONS | 9.5M | $186.8M | 1.1% |
| PUT | GDXVANECK ETF TRUST | 5.0M | $169.7M | 1.0% |
| CALL | BHPBHP GROUP LTD | 2.5M | $142.7M | 0.8% |
| PUT | AALAMERICAN AIRLS GROUP INC | 12M | $130.3M | 0.8% |
| CALL | TLTISHARES TR | 1.0M | $91.8M | 0.5% |
| PUT | UALUNITED AIRLS HLDGS INC | 700K | $34.1M | 0.2% |
| PUT | SNAPSNAP INC | 2.0M | $33.2M | 0.2% |
| PUT | HSTHOST HOTELS & RESORTS INC | 500K | $9.0M | 0.1% |
| PUT | PKPARK HOTELS & RESORTS INC | 500K | $7.5M | 0.0% |
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.