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Billionaire Paul Singer’s Top 10 Holdings and Recent Moves

In this article, we discuss billionaire Paul Singer’s top 10 holdings and recent moves. If you want to see more stocks in this selection, check out Billionaire Paul Singer’s Top 5 Holdings.

Paul Singer is one of the most successful hedge fund managers on Wall Street. He rose to fame by focusing on underperforming companies, launching activist campaigns to unlock value. Elliot Management is the hedge fund he founded in 1977 that has become one of the largest and most followed hedge funds in Wall Street.

Elliot’s management record speaks for itself, having generated a 5.9% gain in 2022 at the height of a bearish run that saw the S&P 500 plunge 19%.

Since its inception in 1977, the hedge fund has only lost money in two years, affirming its reputation in the highly competitive business. Billionaire investor Singer has been the driving force behind the hedge fund’s impressive performance.

The legendary investor has always had a knack for identifying opportunities and trying to profit from them. He is one of the few investors who accurately predicted the 2008 financial crisis and benefited from it even as other investors remained cautious. The investor has always relied on aggressive investment strategies, consistently outperforming the market. For instance, he racked up significant returns on credit default swaps that bet on leveraged companies during the crisis.

Singer warned that the US economy was teetering at a complex and confusing period in June. The legendary investor raised concerns about the high valuations depicted by an explosive rally in the equity markets. The Nasdaq 100 is already up by more than 35%, with the S&P 500 up by about 15%.

Singer also raised concerns about the prospects of paltry returns in the real estate sector as the high-interest rate environment continues to take a toll on potential home buyers’ purchasing power. 

Paul Singer of Elliott Management

“Valuations are still very high. There’s a significant chance of recession. We see the possibility of a lengthy period of low returns in financial assets, low returns in real estate, corporate profits, unemployment rates higher than exist now and lots of inflation in the next round,” Singer said.

Our Methodology

By scanning Elliott Management’s 13F Q2 Holdings, we have compiled a list of billionaire Paul Singer’s top holdings.

Billionaire Paul Singer’s Top Holdings and Recent Moves

10. Liberty Broadband Corporation (NASDAQ:LBRDA)

Elliott Management’s Stake Value: $128.18 Million

Percent of Portfolio: 1.12%

Number of Hedge Fund Holders: 23

Liberty Broadband Corporation (NASDAQ:LBRDA) is a communication services company offering data, wireless video voice, and managed services to residential customers’ businesses, government-gentle education and medical institutions in Alaska. Liberty Broadband Corporation (NASDAQ:LBRDA) also provides mobile and voice, subscription-based internet and video services for small and medium-sized businesses.

Liberty Broadband Corporation (NASDAQ:LBRDA) attracted 23 hedge funds out of the 910 that Insider Monkey tracks in the June quarter of 2023. 

9. Syneos Health, Inc. (NASDAQ:SYNH)

Elliott Management’s Stake Value: $139.04 Million

Percent of Portfolio: 1.22%

Number of Hedge Fund Holders: 51

Syneos Health, Inc. (NASDAQ:SYNH) is an integrated biopharmaceutical company that provides contract research and commercial services to pharmaceutical and biotechnology companies. Based in Morrisville, North Carolina, Syneos Health, Inc. (NASDAQ:SYNH) specializes in helping companies with late-stage clinical trials. In addition, the company translates unique clinical medical affairs and commercial insights into outcomes that address modern market realities.

Syneos Health, Inc. (NASDAQ:SYNH) saw a significant increase in hedge fund interest in the second quarter, according to Insider Monkey’s database. The number of bullish hedge funds rose from 29 in the previous quarter to 51 in the second quarter.

8. Cardinal Health, Inc. (NYSE:CAH)

Elliott Management’s Stake Value: $189.14 Million

Percent of Portfolio: 1.66%

Number of Hedge Fund Holders: 44

Cardinal Health, Inc. (NYSE:CAH) is one of billionaire Paul Singer’s top holdings in the healthcare sector, specializing in providing customized solutions for hospitals, healthcare systems, pharmacies, surgery centres, and clinical laboratories.

Insider Monkey’s database shows that hedge fund interest in Cardinal Health, Inc. (NYSE:CAH) dropped in the second quarter of 2023. The number of hedge funds with stakes in the company fell from 50 in the first quarter to 44 in the second quarter. The total value of these stakes was more than $1.36 billion.

7. Seadrill Limited (NYSE:SDRL)

Elliott Management’s Stake Value: $291.25 Million

Percent of Portfolio: 2.56%

Number of Hedge Fund Holders: 30

Seadrill Limited (NYSE:SDRL) provides offshore contract drilling services to the oil and gas industry while operating under three segments: harsh environments, floaters, and jack-up rigs. In addition, Seadrill Limited (NYSE:SDRL) owns and operates drill ship’s semi-submersible rigs and jack-up rigs for shallow ultra-deepwater drilling operations.

Seadrill Limited (NYSE:SDRL) is one of the companies that has benefited from an uptick in oil and gas prices with the opening and growth of the global economy. The stock is already up by more than 30% for the year, emerging as one of billionaire Paul Singer’s top stocks.

6. Suncor Energy Inc. (NYSE:SU)

Elliott Management’s Stake Value: $293.55 Million

Percent of Portfolio: 2.58%

Number of Hedge Fund Holders: 33

Suncor Energy Inc. (NYSE:SU) is a Canadian energy company that produces synthetic crude oil from oil sands and operates offshore in Canada.

During the second quarter, 33 hedge funds had positions in Suncor Energy Inc. (NYSE:SU), according to Insider Monkey’s database. The value of these stakes was $889.5 million. Paul Singer’s Elliott Management was the leading shareholder of Suncor Energy Inc. (NYSE:SU) with shares worth $293.55 million.

Click to continue reading and see Billionaire Paul Singer’s Top 5 Holdings.

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Disclosure: None. Billionaire Paul Singer’s Top 10 Holdings and Recent Moves is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…