Investor: Paul Singer & Jonathan Pollock
Number of Assets: 32
Reporting Period: Q1 - 2026
Holdings at Report: $20,114,693,048
Return Since Report: -$400,921,627
Return Since Report: -1.99%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Emerson Electric Co. (EMR) | Equity | +100% | 200,000 | 0.13% | $131.02 | $150.66 | $26,204,000 | $30,132,000 | +$3,928,000 | +14.99% |
| Equinix Inc. (EQIX) | Equity | 0% | 150,000 | 0.73% | $980.24 | $1,092.19 | $147,036,000 | $163,828,500 | +$16,792,500 | +11.42% |
| HDFC Bank Limited (HDB) | Equity | +267.73% | 797,085 | 0.10% | $24.88 | $25.06 | $19,831,475 | $19,974,950 | +$143,475 | +0.72% |
| Hewlett Packard Enterprise Company (HPE) | Equity | +47.18% | 27,421,735 | 3.25% | $23.81 | $47.41 | $652,911,510 | $1,300,064,456 | +$647,152,946 | +99.12% |
| Crown Castle Inc. (CCI) | Equity | 0% | 1,225,000 | 0.50% | $81.31 | $82.05 | $99,604,750 | $100,511,250 | +$906,500 | +0.91% |
| Digital Realty Trust Inc. (DLR) | Equity | +100% | 1,500,000 | 1.35% | $180.21 | $188.15 | $270,315,000 | $282,225,000 | +$11,910,000 | +4.41% |
| Etsy Inc. (ETSY) | Equity | 0% | 5,000,000 | 1.24% | $49.98 | $73.95 | $249,900,000 | $369,750,000 | +$119,850,000 | +47.96% |
| Fortive Corp. (FTV) | Equity | +100% | 750,000 | 0.21% | $55.28 | $61.03 | $41,460,000 | $45,772,500 | +$4,312,500 | +10.40% |
| GCI Liberty INC | Equity | 0% | 659,928 | 0.12% | $37.21 | N/A | $24,555,921 | N/A | N/A | N/A |
| Ishares Russell 2000 ETF (IWM) | Equity | +100% | 500,000 | 0.62% | $248.00 | $295.59 | $124,000,000 | $147,795,000 | +$23,795,000 | +19.19% |
| Norwegian Cruise Line Holdings Ltd. (NCLH) | Equity | +100% | 13,186,000 | 1.23% | $18.70 | $22.72 | $246,578,200 | $299,585,920 | +$53,007,720 | +21.50% |
| OR Royalties INC | Equity | 0% | 3,111,000 | 0.59% | $38.02 | $0.00 | $118,280,220 | $0 | -$118,280,220 | -100% |
| Pepsico Inc. (PEP) | Equity | 0% | 1,275,000 | 0.99% | $155.29 | $142.02 | $197,994,750 | $181,075,500 | -$16,919,250 | -8.55% |
| Phillips 66 (PSX) | Equity | 0% | 19,251,000 | 17.47% | $182.18 | $166.14 | $3,507,147,180 | $3,198,361,140 | -$308,786,040 | -8.80% |
| Pinterest Inc. (PINS) | Equity | 0% | 28,000,000 | 2.56% | $18.34 | $20.27 | $513,520,000 | $567,560,000 | +$54,040,000 | +10.52% |
| Seadrill Limited (SDRL) | Equity | +3.52% | 4,719,085 | 1.07% | $45.50 | $38.54 | $214,718,368 | $181,873,536 | -$32,844,832 | -15.30% |
| Invesco QQQ Trust (QQQ) | Equity | +100% | 400,000 | 1.15% | $577.18 | $740.62 | $230,872,000 | $296,248,000 | +$65,376,000 | +28.32% |
| Ishares Iboxx $ High Yield Corp.Orate Bond ETF (HYG) | Equity | +31.58% | 5,000,000 | 1.98% | $79.56 | $80.01 | $397,800,000 | $400,050,000 | +$2,250,000 | +0.57% |
| Ishares Russell 1000 Value ETF (IWD) | Equity | +100% | 1,000,000 | 1.06% | $213.67 | N/A | $213,670,000 | N/A | N/A | N/A |
| Suncor Energy Inc. (SU) | Equity | 0% | 52,670,800 | 17.34% | $66.11 | $55.33 | $3,482,066,588 | $2,914,275,364 | -$567,791,224 | -16.31% |
| Transocean Ltd. (RIG) | Equity | +100% | 15,626,834 | 0.52% | $6.63 | $5.31 | $103,605,909 | $82,978,489 | -$20,627,420 | -19.91% |
| Triple Flag Precious Metals Corp. (TFPM) | Equity | -0.42% | 133,248,215 | 23.04% | $34.71 | $30.05 | $4,625,045,543 | $4,004,108,861 | -$620,936,682 | -13.43% |
| Uniti Group LLC | Equity | 0% | 59,012,219 | 2.76% | $9.38 | N/A | $553,534,614 | N/A | N/A | N/A |
| Vaneck Gold Miners ETF (GDX) | Equity | +100% | 3,650,000 | 1.67% | $91.77 | $82.51 | $334,960,500 | $301,161,500 | -$33,799,000 | -10.09% |
| The Industrial Select Sector SPDR Fund (XLI) | Equity | +100% | 7,500,000 | 6.04% | $161.73 | N/A | $1,212,975,000 | N/A | N/A | N/A |
| The Consumer Staples Select Sector SPDR Fund (XLP) | Equity | +100% | 9,140,000 | 3.73% | $81.98 | N/A | $749,297,200 | N/A | N/A | N/A |
| The Consumer Discretionary Select Sector SPDR Fund (XLY) | Equity | +100% | 4,300,000 | 2.33% | $108.98 | N/A | $468,614,000 | N/A | N/A | N/A |
| Southwest Airlines Co. (LUV) | Equity | -40.65% | 30,346,000 | 5.68% | $37.57 | $47.97 | $1,140,099,220 | $1,455,697,620 | +$315,598,400 | +27.68% |
| SPDR S&P Metals And Mining ETF (XME) | Equity | +100% | 900,000 | 0.48% | $108.01 | N/A | $97,209,000 | N/A | N/A | N/A |
| Microstrategy INC | Bond | +100% | 10,000,000 | N/A | $1.15 | N/A | $11,539,000 | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM) | Equity | +100% | 100,000 | 0.07% | $131.01 | N/A | $13,101,000 | N/A | N/A | N/A |
| Wayfair Inc. | Bond | +100% | 15,000,000 | N/A | $1.75 | N/A | $26,246,100 | N/A | N/A | N/A |