Elliott Management

Elliott Management's $66B+ AUM leverages event-driven activism with a $13B+ public equity portfolio, targeting restructuring wins across energy and industrials. Its strategy outperformed #2 Millennium's 2% Q1 loss by focusing on corporate engagement, though concentrated positions—like its 8% stake in a single energy firm—carry 30% higher idiosyncratic risk than the average hedge fund. March volatility extended earlier losses, but long-term value creation remains strong.