Paul Singer’s Elliott Management exits Nvidia, BTU, adds LUV, ARM, among other Q2 moves

Elliott Management, the hedge fund founded and run by billionaire Paul Singer, placed new stakes in Southwest Airlines (NYSE:LUV), with 6.00M shares, and Arm Holdings (NASDAQ:ARM), with 150K shares, according to its latest 13F filing dated Wednesday.

Conversely, the investment firm sold off its holdings in Constellation Brands (NYSE:STZ), Peabody Energy (NYSE:BTU), Nvidia (NASDAQ:NVDA) and iShares Bitcoin Trust ETF (NASDAQ:IBIT).

It beefed up its positions in Match Group (NASDAQ:MTCH), to 11.7M shares from 4.13M shares, Etsy (NASDAQ:ETSY), to 4.50M from 2.25M, and Transocean (NYSE:RIG), to 11.9M from 9.75M.

Reduced stake in Seadrill (NYSE:SDRL) to 4.05M from 5.68M, the filing showed.