Dan Loeb and David Einhorn are off to rough start for the year, as we noted earlier.
Loeb down 2.3% in January, Einhorn minus 2.8% – Greenlight Q4 here http://t.co/FlIdQtaGS3 $$
— ValueWalk (@valuewalk) January 31, 2015
Since we got Loeb’s stat sheet we decided to post on the site. Stay tuned for Loeb Q4 letter any day…
UPDATE: 2/3/2015 Ackman returns 0.6% in January – stat sheet below
[pdfjs-viewer url=https://www.valuewalk.com/wp-content/uploads/2015/02/Monthly-NAV-and-Performance-JAN-2015-Press-Release-1.pdf viewer_width=700px viewer_height=800px fullscreen=true print=true download=false openfile=false]Also see Dan Loeb Not Long UPS, Likes Ackman, 3G
David Einhorn returns
Net Monthly Returns:
January 2015: (2.8)%
Net Quarterly Returns:
| 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|
| 1st………. | (2.8)%(2) | (0.7)% | 5.8% | 6.5% | (3.4)% |
| 2nd……… | – | 8.1 | 2.0 | (3.3) | (1.9) |
| 3rd………. | – | (3.7) | 4.0 | 8.8 | 0.1 |
| 4th………. | – | 5.3 | 6.6 | (4.4) | 7.6 |
| Full Year | (2.8)(3) | 8.8 |
19.6 | 7.1 | 2.1 |
As of 31-January-2015, the largest disclosed long positions in the investment portfolio are Apple, Consol Energy, gold, Marvell Technology, Micron Technology and SunEdison; our investment portfolio is approximately 104% long and 73% 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.
Dan Loeb ?2.3%
