Finance
Elliott takes big short position in Shell amid BP campaign
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Elliott Management has taken a 0.5% short position in Shell, aligning with its campaign for changes at BP. This strategy aims to profit from a potential drop in Shell's share price.
LONDON (Reuters) - U.S. activist hedge fund Elliott Management has taken a big short position in Shell amid its campaign for more change at BP in its capacity as a BP shareholder, according to financial filings.
Elliott's short position, which is designed to make money if Shell's share price falls, amounts to 0.5% of Shell, according to data published on the website of the Financial Conduct Authority on Thursday.
Elliott and other hedge funds typically hedge their long positions in companies with short positions in others.
(Reporting by Shadia Nasralla and Anousha Sakoui; editing by David Evans)
The article discusses Elliott Management's short position in Shell and its campaign for change at BP.
Elliott's short position is part of its strategy to profit if Shell's share price falls, while pushing for changes at BP.
Elliott Management is a U.S. activist hedge fund known for strategic investments and influencing company policies.
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