Period: Q1 2013
Portfolio date: 31 Mar 2013
No. of stocks: 36
Portfolio value: $6,253,404,000
* Reported Price is the price of the security on the portfolio date. This value is significant in that it indicates the portfolio manager's confidence in the stock at that price and suggests at least some level of undervaluation and/or margin of safety.
Sector % analysis
Articles & Commentaries
David Einhorn's Greenlight Capital reports an increased stake in Seagate Technology (STX). Greenlight Capital now owns 23 million shares of STX amounting to 5.4% of the company.
“Recent earnings benefited from one time fiscal stimulus that is about to wind down,” Einhorn said at a conference in New York.
David Einhorn -- the famed founder of Greenlight Capital -- said that his latest short play is Green Mountain Coffee Roasters (GMCR). While the bulls would have you believe the company can earn $9 a share, Einhorn says try $3.50 -- making the company worth a market premium far short of current expectations.
David Einhorn, president of hedge-fund operator Greenlight Capital Inc., talks about the prospects for a leveraged buyout of St. Joe Co., the largest private landholder in northern Florida. Einhorn, speaking with Betty Liu and Jon Erlichman on Bloomberg Television's "In the Loop," also discusses investment strategy, financial regulation and the European sovereign-debt crisis...
"The global economy, as I see it, is sort of in a period between two crises. We had a crisis in 2007-2008. Call it the private-sector banking crisis, or the real estate bubble popping, and so forth. And now we have had a period of sort of clean-up and respite a little bit. But I think it’s sort of laid the seeds for what eventually will eventually turn out to be another crisis. And we’re sort of in a respite period where things for the moment seem relatively stable. But I think there is a lot of unfinished business that come from the last crisis..."
He likes Sprint (S), Apple (AAPL), Pfizer (PFE), Vodafone (VOD) and CareFusion (CFN):
Hedge fund titan David Einhorn, president of Greenlight Capital, tells CNBC why he thinks low interest rates are "very dangerous long-term policy."
Greenlight Capital’s David Einhorn discusses the current state of the markets and his investments with host Consuelo Mack. He explains why he likes Pfizer, Apple and CareFusion, and why he is short Moody's...
We strongly disagree with Mr. Einhorn's views on gold (who are we to disagree with David Einhorn? True, but nevertheless, we would still like to state our opinion). He states that gold is money (currency). It is not. It's a greater-fool-investment. It seems he is mesmerized by the glitter!
It is possible that gold proves to be a good investment over let's say the next 5 years. If it were to double from here, that would amount to a 15% annual return. But, it could also halve in value since it has no earnings to provide any kind of valuation support. It's worth whatever people think it's worth! Remember, it was a third of today's price, only 5 years ago!
In a Filing on Monday, David Einhorn's firm Greenlight Capital reported a 5.2% stake in offshore driller Ensco.
The FCIC held hearings yesterday on the credit rating agencies. David Einhorn, of Greenlight Capital, shares his reaction with CNBC...
He took it a step further this year by suggesting that the rating agencies be eliminated altogether, while fellow manager and activist investor Bill Ackman of Pershing Square proposed the agencies "wait to rate."
David Einhorn of Greenlight Capital, discusses the recent ruling against rating agencies...