Paul Singer's $2 Billion Energy Power Play: Phillips 66, Suncor Among Elliott's Top Holdings
Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle.In the first quarter of 2025, Elliott Investment Management hiked its energy sector exposure from 23.84% to a commanding 37.64%, making it the firm's largest allocation. Phillips 66, Suncor: Singer’s Energy BetsLeading the charge? A nearly $2 billion bet on Phillips 66 PSX and Suncor Energy Inc. SU, now two of the fund's top three holdings.Singer made an especially bold move with Phillips 66. Elliott upped its stake in the ...