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Update: Market Chatter: Elliott Management Takes $727.2 Million Short Position in TotalEnergies
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Update: Market Chatter: Elliott Management Takes $727.2 Million Short Position in TotalEnergies
Mar 7, 2025 10:05 AM

12:30 PM EST, 03/07/2025 (MT Newswires) -- (Updates with additional details in the second paragraph and Elliot Management's response at the end.)

Hedge fund Elliott Management has taken a 670 million euro ($727.2 million) short position in French energy major TotalEnergies (TTE), The Financial Times reported Friday, citing regulatory filings.

Elliott took the short position on Thursday, which was disclosed in a regulatory filing a day after, according to the report.

Elliot Management declined MT Newswires' request for comment and TotalEnergies did not immediately respond.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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