This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

David Einhorn Buys Apple, Sells EMC

NEW YORK ( TheStreet) -- Hedge fund titan David Einhorn bought more Apple (AAPL - Get Report) and increased positions in tech stocks during the third quarter, according to the latest regulatory filing with Securities and Exchange Commission.

New additions to the portfolio of Einhorn's fund Greenlight Capital included financial solutions provider Broadridge Financial (BR), supply-chain solutions provider Ingram Micro (IM) and semiconductor player Verigy (VRGY).

Greenlight made a complete exit from EMC (EMC - Get Report) and Lockheed Martin (LMT - Get Report).

Meanwhile, Einhorn increased stakes in earlier buys such as Apple, which he bought in the April-June quarter, Ensco (ESV), homebuilder NVR (NVR - Get Report) and medical technology company Carefusion (CFN)

>>View David Einhorn's Portfolio

Investors managing more than $100 million in assets are required to report their holdings every quarter in a 13F filing within 45 days from the end of the quarter. The managers do not need to disclose short positions or investments in non-U.S. listed securities.

Einhorn is best known for shorting Lehman Brothers several months before the troubled investment bank filed for bankruptcy.

Most recently, Einhorn revealed he was short real estate developer St.Joe (JOE), taking on famed mutual fund value investor Bruce Berkowitz of Fairholme Management who has a significant stake in the company.

-- Written by Shanthi Venkataraman in New York



>To contact the writer of this article, click here: Shanthi Venkataraman.

>To follow the writer on Twitter, go to http://twitter.com/shavenk.

>To submit a news tip, send an email to: tips@thestreet.com.

READERS ALSO LIKE:


Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ENCO $0.00 0.00%
CFN $59.91 -0.10%
AAPL $126.37 0.00%
EMC $25.52 0.00%
LMT $204.89 0.00%

Markets

DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs