NEW YORK, Sept 9 (Reuters) - Elliott Investment

Management has built a large stake in BILL Holdings ( BILL ) and may want

the financial automation software company to pursue a sale, a

person familiar with the matter said on Tuesday.

Elliott owns a roughly 5% stake in the company making it one

of BILL Holding's largest investors, said the source who is not

permitted to discuss the investment publicly. It is also the

second activist to have taken a big position in the stock.

The Financial Times first reported Elliott's stake.

Last week Reuters reported that Starboard Value has amassed

an 8.5% stake and plans to run a boardroom challenge, having

nominated four directors, including firm partner Peter Feld.

Elliott's exact plans for BILL Holdings ( BILL ) could not be

determined. The firm declined to comment and BILL Holdings ( BILL ) could

not be immediately reached for comment.