if you do not use it. Keep add elements sidebar clean.
<?php
function hide_oxy_composite_elemenets(){
if (isset ($_GET['ct_builder']) && 'true' === $_GET['ct_builder']) {
echo '
<style>
#oxygen-add-sidebar .oxygen-add-composite-element {
display: none;
}
</style>
';
}
}
add_action('wp_enqueue_scripts', 'hide_oxy_composite_elemenets');
?>
<?php
remove_action('init', 'run_oxygen_composite_elements');
?>
Thanks to Suppa Mike for providing second solution.