Elliott Management’s Howmet Aerospace HWM Stock Holding History

Elliott Management’s Portfolio HWM Stock Details HWM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-54,201,618	Closed	-$1.28B	–	17
2019 Q4	$1.28B	Hold	54,201,618	–	–	10.81%	1
2019 Q3	$1.08B	Sell	54,201,618 -13,478,763	-20%	-$266M	9%	3
2019 Q2	$1.34B	Hold	67,680,381	–	–	8.98%	2
2019 Q1	$992M	Hold	67,680,381	–	–	6.22%	6
2018 Q4	$875M	Hold	67,680,381	–	–	6.26%	6
2018 Q3	$1.14B	Hold	67,680,381	–	–	5.01%	7
2018 Q2	$883M	Buy	67,680,381 +1,043,200	+2%	+$15.5M	4.37%	7
2018 Q1	$1.18B	Hold	66,637,181	–	–	6.61%	4
2017 Q4	$1.39B	Hold	66,637,181	–	–	8.72%	3
2017 Q3	$1.27B	Hold	66,637,181	–	–	7.5%	3
2017 Q2	$1.16B	Hold	66,637,181	–	–	7.26%	4
2017 Q1	$1.35B	Buy	66,637,181 +17,679,805	+36%	+$347M	10.13%	2
2016 Q4	$696M	Buy	+48,957,376	New	+$736M	5.22%	3

Other funds holding HWM

EIM

Elliott Investment Management West Palm Beach, Florida $20.1B AUM 60.76% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

FPA

First Pacific Advisors El Segundo, California $7.14B AUM 21.51% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Elliott Management's HWM Position: Q1 2020 in Review

Elliott Management sold out of Howmet Aerospace (HWM) in Q1 2020, closing a stake of 54,201,618 shares — an estimated $1.28B sold.

Elliott Management first reported a position in HWM in Q4 2016 and held it in 13 quarters. The position peaked at $1.39B in Q4 2017. 409 funds tracked by Wall St. Rank hold HWM as of Q1 2020.

Elliott Management reported no remaining Howmet Aerospace position as of Q1 2020 after selling out during the quarter.
Elliott Management sold 54,201,618 Howmet Aerospace shares in Q1 2020, an estimated $1.28B.
Elliott Management first reported a position in Howmet Aerospace in Q4 2016 and held it in 13 quarters.
Elliott Management's Howmet Aerospace position peaked at $1.39B in Q4 2017.
409 funds tracked by Wall St. Rank held Howmet Aerospace as of Q1 2020.

Based on Elliott Management's 13F filing for Q1 2020.