Elliott raises stake in Pinterest; adds Clarivate, Cardinal Health to portfolio

Triple Flag Precious Metals

14/11/2022 23:14

Nov 14 (Reuters) - Hedge fund Elliott Investment
Management raised its stake in social media platform Pinterest
 PINS.N  while adding Clarivate Plc  CLVT.N , Cardinal Health
 CAH.N  and Triple Flag Precious Metals Corp  TFPM.TO  to its
portfolio, a regulatory filing showed on Monday. 
    The stakes disclosed in the so-called 13-F quarterly filing
are as of Sept. 30. The filings are one of the few ways that
funds are required to disclose their long positions, but may not
reflect current holdings.
    The filings are closely watched for possible investment
trends and potential future performance.
    Elliott had disclosed a stake in Pinterest in August, citing
"significant potential for growth".  
    Rival investment firm Tiger Global Management also added to
its stakes in several tech firms in the third quarter, including
tech giant Microsoft Corp  MSFT.O , and Jack Dorsey's payments
firm Block Inc  SQ.N . 
 (Reporting by Manya Saini in Bengaluru; Editing by Shailesh
Kuber)
 ((Manya.Saini@thomsonreuters.com;))