We will not do our monthly analysis of David Einhorn’s postions and returns, since we have had a lot of great Einhorn coverage in the past few days (see the intern story, and investor day audio), and positions have not changed much; just a bit from Loeb and Einhorn below.
Via Greenlight RE
As of 31-May-2014, the largest disclosed long positions in our investment portfolio are Alpha Bank A.E., Apple, gold, Marvell Technology, Micron Technology and Oil States International; our investment portfolio is approximately 112% long and 68% short. All exposure information is calculated on a delta adjusted basis and excludes credit default swaps, interest rate swaps, sovereign debt, currencies, commodities, and derivatives on any of these instruments.
Net Monthly Returns:
May 2014: 2.0%
Net Quarterly Returns:
| 2014 | 2013 | 2012 | 2011 | 2010 | |
| 1st………. | (0.7)% | 5.8% | 6.5% | (3.4)% | (1.9)% |
| 2nd……… | 6.2(2) | 2.0 | (3.3) | (1.9) | 2.6 |
| 3rd………. | — | 4.0 | 8.8 | 0.1 | 3.6 |
| 4th………. | — | 6.6 | (4.4) | 7.6 | 6.5 |
| Full Year | 5.4(3) |
19.6 | 7.1 | 2.1 | 11.0 |
Via Third Point Re
May YTD 2014
+1.7% +3.7%
UPDATE: June 2nd 2014 7:22 PM EST Loeb’s portfolio summary added below
