Elliott Bets Multibillion-Dollar Position on Closing Synopsys’ (SNPS) Peer Discount

13D Activist Fund is a mutual fund focusing on companies that are targeted by shareholder activists. Its Q2 2026 investor letter highlights a strong quarter driven by a more concentrated portfolio strategy and increased exposure to global activist opportunities. The letter can be downloaded here. In Q2 2026, the Fund’s I Shares (DDDIX) returned 32.61%, net of fees and expenses, compared with 21.49% for the Russell 2000 Index. YTD, the Fund returned 32.93% versus the Index’s 22.57%...