Elliott Management

Activist shareholder Elliott Management built a A$1 billion stake in Northern Star Resources, placing it among the top 5 shareholders alongside Van Eck Associates and BlackRock. This activist position signals potential governance or strategic pressure on one of Australia's largest gold miners.

Elliott Management took a $1B stake in Pinterest, betting on AI-driven growth potential despite the company's recent struggles with declining ad revenue and workforce reductions. The investment suggests confidence in Pinterest's ability to leverage AI for user engagement and monetization.