David Einhorn: Long on Apple
NEW YORK (
) -- Famous short-seller David Einhorn of Greenlight Capital bought Apple and increased holdings in Microsoft during the second quarter, according to latest portfolio disclosures with the Securities and Exchange Commission.
The fund -- which has financials, technology and healthcare among its top holdings -- took a fresh exposure to
Apple
(AAPL) - Get Apple Inc. Report
, while stepping up exposure to
Microsoft
(MSFT) - Get Microsoft Corporation Report
and
Xerox
(XRX) - Get Xerox Holdings Corporation Report
.
New additions to the portfolio included financial technology services company
NCR
(NCR) - Get NCR Corporation Report
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,
Lockheed Martin
(LMT) - Get Lockheed Martin Corporation Report
and UK-based oil major
Ensco
(ESV)
. Einhorn also took tiny stakes in
Furiex Pharmaceuticals
(FURX)
,
Symmetricom
(SYMM)
and
Oritani Financial
(ORIT) - Get Oritani Financial Corp. Report
.
The long-short fund exited completely from nine stocks including
URS
(URS)
,
Teradata
(TDC) - Get Teradata Corporation Report
and
Automatic Data Processing
(ADP) - Get Automatic Data Processing Inc. Report
, which each accounted for about 2% of the March portfolio.
Investors managing over $100 million assets are required to report their holdings every quarter 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 most famous for his short sale on Lehman Brothers. Markets follow the moves and portfolio disclosures of big investors to get cues on sectors and stocks worth looking at. However, information in these portfolios are often dated and the portfolio manager may have changed his or her tack since the end of the previous quarter.LINK BOX:
Carl Icahn ups Energy |
-- Reported by Shanthi Venkataraman in New York.
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