David Einhorn

Greenlight Capital

David Einhorn is the founder and manager of Greenlight Capital, an American hedge fund established in 1996. Renowned for his investment acumen, Einhorn gained significant recognition for his short selling of Lehman Brothers stock prior to the firm's collapse in 2008. His investment philosophy often emphasizes value investing and a rigorous analysis of corporate fundamentals, which has led to notable successes and challenges throughout his career. Greenlight Capital primarily invests in publicly traded North American equities and corporate debt, employing a strategy that includes both long and short positions. The firm is characterized by its analytical approach and has been involved in high-profile market events, including a significant insider trading case in 2012. Under Einhorn's leadership, Greenlight has developed a reputation for its focused investment strategies and a commitment to transparency in its disclosures. The disclosed trading record for Greenlight Capital reveals a dynamic portfolio management approach, with a total of 835 disclosures from August 14, 2020, to February 14, 2024. During this period, the firm has executed 268 position increases, 248 reductions, and 151 exits, with reported amounts ranging from $592.4 million to -$65.2 million. This activity highlights Einhorn's strategic adjustments in response to market conditions and investment opportunities.

Biggest Wins

PositionReported PriceLast PriceEst. P/LReturnEst. Value
Teva Pharmaceutical Industries LimitedTEVA · Q4 2023$10.44$31.56+$6M+202.3%$8M
Tenet Healthcare CorpTHC · Q4 2023$75.57$195.15+$157M+158.2%$257M
Alight, Inc.ALIT · Q4 2023$8.53$21.57+$121M+152.9%$199M
AerCap Holdings NVAER · Q4 2023$74.32$148.03+$18M+99.2%$37M
SPDR Gold TrustGLD · Q4 2023$191.17$372.35+$70M+94.8%$144M
SPDR S&P Aerospace & Defense ETFXAR · Q4 2023$135.42$261.36+$16M+93%$34M
Invesco Aerospace & Defense ETFPPA · Q4 2023$92.16$170.17+$14M+84.6%$32M
DHT Holdings, Inc.DHT · Q4 2023$9.81$17.89+$31M+82.4%$68M
First Horizon CorporationFHN · Q4 2023$14.16$24.94+$15M+76.1%$34M
Viatris Inc.VTRS · Q4 2023$10.83$16.68+$20M+54%$56M
LivaNova PLCLIVN · Q4 2023$51.74$79.41+$34M+53.5%$98M
First Citizens BancShares IncFCNCA · Q4 2023$1,418.97$2,076.51+$16M+46.3%$52M
Green Brick Partners, Inc.GRBK · Q4 2023$51.94$73.37+$244M+41.3%$837M
Teck Resources Ltd Ordinary SharesTECK · Q4 2023$42.27$57.95+$24M+37.1%$90M
Invesco Optimum Yield Diversified Commodity StratePDBC · Q4 2023$13.30$17.25+$383k+29.7%$2M
Brighthouse Financial, Inc.BHF · Q4 2023$52.92$65.49+$38M+23.8%$199M
VanEck Oil Services ETFOIH · Q4 2023$309.52$377.09+$626k+21.8%$3M
First Trust Natural Gas ETFFCG · Q4 2023$24.29$28.04+$220k+15.4%$2M
Gulfport Energy CorporationGPOR · Q4 2023$133.20$153.38+$4M+15.2%$34M
Nuvation Bio Inc.NUVB-WT · Q4 2023$0.06$0.0671+$709+11.8%$6.7k
Sotera Health CompanySHC · Q4 2023$16.85$18.27+$478k+8.43%$6M
New York Community Bancorp IncNYCB · Q4 2023$10.23$10.55+$585k+3.13%$19M
Herc Holdings IncHRI · Q4 2023$148.89$148.94+$6.8k+0.03%$20M