Hedge Crunch FinancialGreenlight Capital
Einhorn’s Greenlight Continues Decline
Iconic hedge fund manager David Einhorn continued to see his Greenlight Capital fund decline in value. During the second quarter of 2018 the fund lost 5.4% and an 18.3% loss this year to date. Much of the decline has been due to short bets gone wrong, including Netflix and Athena Health. For a more in-depth […]
Einhorn’s Greenlight Hits Red Light in February
Performing more poorly than the S&P 500 Index loss of 3.7 percent in February, David Einhorn’s main fund, Greenlight Capital, lost 6.2 percent during the same period for a total downturn of 12.3 percent for 2018. Einhorn explained that his hedge fund was going through its worst performance in its history after losing 6.6 percent in […]
Superstar Hedge Managers Facing Hemorrhaging Funds
The Wall Street Journal reported last week that David Einhorn’s Greenlight Capital lost $400 million from its investor base in response to a depressing 2 percent loss during the first half of 2017. The return of $400 million represents 15 percent of all those who are able to withdraw their stakes in Greenlight, according to […]
Greenlight Up 2.9 Percent in February
David Einhorn’s Greenlight Capital posted an excellent month in February, rising by 2.9 percent. The total increase for 2016 is 3.3 percent, outperforming the Standard & Poor’s 500 Index. That benchmark index lost 0.1 percent in February, and is down a total of 5.1 percent for the year. The news was distributed to Einhorn’s clients […]
Greenlight’s Einhorn Bursting Athenahealth’s Bubble
Given David Einhorn’s track record, it makes sense for listeners to pay attention when the founder and president of Greenlight Capital speaks. Einhorn told investors at this year’s Sohn Investment Conference in New York to be wary of bets place on Athenahealth, a stock which has risen by 46 percent year of year and 275 […]
Einhorn Predicts Tech Bubble About to Pop
David Einhorn, head of the $10.3 billion hedge fund Greenlight Capital, is betting that a group of technology stocks based on what he says is increasing evidence that a bubble is forming and about to burst. “There is a clear consensus that we are witnessing our second tech bubble in 15 years,” the New York-based […]
Einhorn Drops Lawsuit After Discovering Blogger’s ID
Head of Greenlight Capital, David Einhorn, has decided to drop the lawsuit he filed to unearth the name of the Seeking Alpha blogger who revealed his fund’s stock positions in advance of a public announcement. Greenlight announced that it “has resolved the matter privately to our satisfaction,” but did not name the indiscreet blogger. Einhorn […]
Einhorn Wants Name of Blabbing Blogger to Bring Lawsuit
David Einhorn, vocal head of Greenlight Capital, wants to know who leaked the name of one of his firm’s investments last year in a blog post published on the financial website “Seeking Alpha.” Mr. Einhorn is angry that an anonymous blogger revealed that Micron Technology was one of his investments, and he wants to go […]
Hedge Funds Keeping Their Eyes on Apple
No matter what their hedge fund strategies may be, many top funds in the hedge fund industry are anxiously awaiting Apple Inc’s announcement concerning second quarter earnings for 2013, which is scheduled to be made today. Most affected by Apple’s successes and/or failures are those hedge funds with the largest exposure to the high-tech company’s […]
David Einhorn’s Greenlight Capital Sees 4.2% Growth in August
August saw promising growth for Greenlight Capital and hedge fund manager David Einhorn, who reported a 4.2% gain during the month as Coventry Health Care’s stock price jumped. According to two anonymous sources, Einhorn’s firm revealed a 10.9% increase in 2012 to its investors on Tuesday. As mentioned above, Greenlight Capital benefitted greatly from stock […]