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　　according to reports, the US private equity hedge fund Elliott Asset Management (Elliott Management) emptied all of Twitter's holdings in the second quarter.

　　At that time, Tesla CEO Elon Musk (Elon Musk) announced a total acquisition plan of 44 billion US dollars, Twitter's stock price soared, Elliott decisively exited, and locked in profits.

　　According to a regulatory report filed by Elliott, as of the end of the second quarter, Elliott no longer held any shares in Twitter. For comparison, at the end of the first quarter, Elliott once held 10 million shares of Twitter, with a market value of $387 million.

　　On April 14, Musk offered to buy Twitter for $54.2 a share, and Twitter's board approved the deal two weeks later.

　　Elliott has not commented on when it sold its stake in Twitter.

　　In late April, Twitter's stock price rose to $51.7, and on June 30, the stock price plummeted to $37.39, mainly because Musk abandoned the acquisition deal. Shares of Twitter closed at $44.5 on Monday.

　　Elliott company manages assets of 56 billion US dollars, its founder is the famous American billionaire Paul Singer. Elliott, a Twitter shareholder, has not commented on Musk's acquisition plan. Elliott played a role in aligning Twitter's leadership and direction before the entire stake was emptied.

　　At the beginning of 2020, Elliott began to buy shares of Twitter. The company also cooperated with the famous American private equity investment company “Silver Lake California” to allow Twitter to issue $1 billion in convertible bonds to repurchase the company’s shares.

　　Later, Elliott's partner Jesse Cohn (who is responsible for the company's investments in technology) and Silver Lake co-CEO Egon Durban both joined Twitter's board.

　　As part of the investment plan, Elliott and Silver Lake developed an overhaul that saw Twitter co-founder and then-CEO Jack Dorsey leave the company and hand over management.

　　In June 2021, Cohen stepped down from Twitter's board, though Durban remained on the board. At the time, Elliott still held a substantial stake in Twitter, and the fund backed Twitter executive Egvar to succeed Dorsey as CEO late last year.

　　In July, Musk announced he was abandoning plans to buy Twitter, which he also criticized for providing false and misleading information about fake accounts and bot accounts. Subsequently, Twitter took Musk to court to enforce the acquisition agreement signed by the two parties. The lawsuit will be tried in a Delaware court in October.

　　The regulatory filing by Elliott also showed that in addition to its shares, the company also reduced all other Twitter-related financial assets to avoid being involved.

　　At the end of the first quarter, Elliott held call options on 2 million Twitter shares, in addition to 50 million shares tied to convertible bonds. The latest report shows that at the end of the second quarter, Elliott had cleared all call options and continued to hold 40 million shares associated with convertible bonds.