Elliott Investment Management Buys Wolfspeed Stock, Bets Against Nvidia In Q4

Portfolio Moves - Elliott Investment Management made several portfolio moves in the fourth quarter, including closing multiple options positions and adjusting its technology exposure [1][2] - The firm added new positions during the fourth quarter, although specific details on these new positions were not provided in the excerpts [1] Closed Positions - Elliott closed out of call options in several companies, including Arm Holdings, American Airlines, and Alaska Air Group [2] - The firm also closed multiple put positions in companies such as Equinix, Hyatt Hotels, and Host Hotels [2] Performance Changes - Notable increases in positions included Invesco QQQ Trust (increased by 369%), MicroStrategy Inc (increased by 200%), and CorMedix Inc (increased by 85%) [4] - Significant decreases in positions included ICON Plc (decreased by 62%), RingCentral Inc (decreased by 55%), and NRG Energy Inc (decreased by 50%) [4]