David Einhorn is a man of many talents, including playing poker and, of course, investing. Watching where he stacks his chips in the markets is a worthwhile endeavor, too.
The founder and manager of hedge fund Greenlight Capital, Einhorn has developed a reputation for a good long game and an even better short one. He has successfully gone after numerous companies over the years, including Allied Capital and Lehman Brothers. He has twice launched a short campaign against Keurig Green Mountain, getting burned both times.
Einhorn applies many of the same principles in playing poker that he does in investing. "Both poker and investing are games of incomplete information," he said in a 2006 interview with The New York Times. "You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical."
His approach has worked out quite well. Since launching Greenlight in 1996, Einhorn has made millions of dollars for clients and amassed a personal net worth of more than a billion dollars. (Though 2015 certainly wasn't his best.)
According to his most recent 13F filing corresponding to March 31, Einhorn's public equity portfolio is comprised of 138 holdings valued at $5.9 billion.
Here are 10 stocks in which he initiated positions or increased his stake significantly during the first quarter of 2016.