KEY TAKEAWAYS Activist investor Elliott Investment Management has taken a short position against British oil giant Shell, according to data from the U.K. regulator. Data from the Financial Conduct Authority showed that Elliott had taken a 0.

U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, has taken a big short position in Shell, according to financial filings. Elliott's short position,

Activist hedge fund Elliott Investment Management has amassed a short position in Shell totaling nearly $1.1B.