Elliott Investment Management L.P. dumped its stake in PayPal Holdings Inc. during the second quarter, a recent filing indicates.
The firm, which was founded by Paul Singer, didn’t list a position in PayPal PYPL on its latest 13-F, which was filed late Monday. That filing covered holdings as of the end of the end of the second quarter. Elliott had owned 1 million PayPal shares as of the end of the first quarter, with that position having been worth about $76 million at the time.
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