BOSTON (TheStreet) -- David Einhorn, manager of long-short hedge fund Greenlight Capital, held a concentrated portfolio of 38 stocks at the end of the first quarter. Greenlight has returned upwards of 22% a year since its 1996 inception, underscoring Einhorn's investment acumen. His portfolio underwent a dramatic change during the last quarter.
|David Einhorn (Greenlight Capital)|
He grew even more pessimistic about seven stocks, holdings from the fourth-quarter, which the fund completely sold out of: Everest Re Group (RE), Health Management (HMA), Health Net (HNT), Potash (POT), Verigy (VRGY), Flagstar Bancorp (FBC) and Capitol Federal (CFFND).
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