Navnoor Bawa

Navnoor Bawa

Elliott Management, Azoria, and the ESG Forced-Selling Short: How the ‘Anti-Woke Trade’ Actually Worked — Four Case Studies, Every Claim Sourced

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Navnoor Bawa
Mar 09, 2026
∙ Paid

The media covered the politics. Nobody sourced the mechanics. Elliott Management built a $1.9 billion Starbucks position and collected $475 million in a single session. The election-night clean energy collapse was a mechanical forced-selling event, not a fundamental repricing. Azoria’s SPXM ETF was liquidated by its own trustees three months after launc…

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