Third quarter 13F filings for David Einhorn’s Greenlight Capital show the firm sold out of seven stocks and reduced its holdings in seven others. It also bought three new stocks and increased its holdings in eight others.
Adds And Increases
ValueWalk's Raul Panganiban interviews Kirk Du Plessis, Founder and CEO of Option Alpha, and discuss Option Alpha and his general approach to investing. Q1 2021 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors. Interview with Option Alpha's Kirk Du Plessis
Einhorn’s firm bought Yahoo! Inc. (NASDAQ:YHOO), Babcock & Wilcox Co (NYSE:BWC) and AECOM Technology Corp (NYSE:ACM). It increased its holdings in Computer Sciences Corporation (NYSE:CSC), General Motors Company (NYSE:GM), Marvell Technology Group Ltd. (NASDAQ:MRVL), Aetna Inc. (NYSE:AET), Cigna Corporation (NYSE:CI), DST Systems, Inc. (NYSE:DST) and BioFuel Energy Corp. (NASDAQ:BIOF).
Sell-Offs And Reductions
Greenlight Capital sold out of United Health Group Inc. (NYSE:UNH), Best Buy Co., Inc. (NYSE:BBY) and CareFusion Corporation (NYSE:CFN). It reduced its holdings in Apple Inc. (NASDAQ:AAPL), which was surprising based on Einhorn’s WellPoint, Inc. (NYSE:WLP), Humana Inc. (NYSE:HUM) and Sprint Nextel Corporation (NYSE:S).
All the other major transactions besides Yahoo! (NASDAQ:YHOO) were disclosed previously in the hedge fund’s shareholder letters.