Elliott Management, a hedge fund run by billionaire investor Paul Singer, took a new stake in Hewlett Packard Enterprise Company with 18.6M shares during Q2 2025. The firm also exited its stake in Arm Holdings. These moves were disclosed in a regulatory filing published Thursday.
Elliott Management, a prominent hedge fund led by billionaire investor Paul Singer, has taken a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter of 2025. The firm acquired 18.6 million shares, marking a significant increase in its position in the tech giant [1].
In addition to its new stake in Hewlett Packard Enterprise, Elliott Management also made other notable moves in its portfolio. The firm increased its holdings in Phillips 66 (PSX) to 19.3 million shares in Q2 from 15.7 million in Q1 [1]. However, the hedge fund exited its positions in Match Group (MTCH), CorMedix (CRMD), and Arm Holdings (NASDAQ:ARM) in the quarter ended June 30, 2025 [1].
These moves are part of Elliott Management's quarterly portfolio update, reflecting the hedge fund's strategic approach to investing. The firm's decision to exit Arm Holdings, a prominent semiconductor company, could indicate a shift in focus towards other sectors or a reassessment of the company's prospects. Hewlett Packard Enterprise, on the other hand, has been identified as an upcoming leader in the AI server market, which may have influenced Elliott Management's decision to increase its stake [2].
The regulatory filing provides valuable insights into Elliott Management's investment strategy and the hedge fund's focus on specific sectors and companies. As investors and financial professionals, it is essential to monitor these developments closely to understand the underlying trends and potential opportunities in the market.
References:
[1] https://seekingalpha.com/news/4485792-elliott-management-takes-new-stake-in-hewlett-packard-exits-arm-among-q2-moves
[2] https://www.bloomberg.com/news/articles/2025-08-14/goldman-dangles-millennium-hedge-fund-stakes-for-just-1-million
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