Paul Singer's $2 Billion Energy Power Play: Phillips 66, Suncor Among Elliott's Top Holdings
1. Elliott Investment Management increased its energy sector exposure to 37.64%. 2. PSX stake increased by 2,000%, totaling 15.73 million shares. 3. PSX now comprises 12.81% of Elliott's $15.2 billion portfolio. 4. Singer's move emphasizes confidence in traditional energy amid broader market shifts. 5. Elliott trimmed broader market exposure, focusing on direct energy plays.