Greenlight Capital

Q1 2021 13F · by David Einhorn, portfolio manager

As of: Mar 31, 2021
Filed: May 17, 2021
US stock: $1.4B · prev $1.6B
Positions: 62 · prev 35
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves69 since the prior filing

+19.3 pp in · −23.2 pp out

New 38 +9.48 pp
Added 6 +9.79 pp
Trimmed 13 −14.87 pp
Exited 11 −8.30 pp

Options: 1 move on a notional base, in the table below.

The book

Very concentrated · behaves like 9 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 60% a year, about 1.7 years per position

Low
Moderate
High

Top 5 positions56% of US stock

GRBK Green Brick Partners, Inc trimmed−6.27 pp trimmed−6.2727.5%
BHF Brighthouse Financial, Inc. held held11.2%
AAWW Atlas Air Worldwide Holdings, Inc. trimmed+0.62 pp trimmed+0.626.4%
unresolved Danimer Scientific Inc added+3.19 pp added+3.195.7%
CHNG Change Healthcare Inc. trimmed−0.20 pp trimmed−0.205.3%

Positions62 in this filing · 11 exited


GRBKGreen Brick Partners, Inc	27.50%	17,418,668	$395M	trimmed−28%	−6.27 pp	14 q
BHFBrighthouse Financial, Inc.	11.21%	3,640,332	$161M	held	—	14 q
AAWWAtlas Air Worldwide Holdings, Inc.	6.37%	1,514,855	$92M	trimmed−12%	+0.62 pp	4 q
unresolvedDanimer Scientific Inc	5.66%	2,152,539	$81M	added+25%	+3.19 pp	2 q
CHNGChange Healthcare Inc.	5.31%	3,451,145	$76M	trimmed−29%	−0.20 pp	5 q
CNXCConcentrix Corporation	4.96%	475,540	$71M	added+42%	+2.94 pp	2 q
CCThe Chemours Company	4.34%	2,231,579	$62M	trimmed−14%	+0.41 pp	8 q
TECKTeck Resources Limited	3.10%	2,321,960	$45M	trimmed−26%	−0.35 pp	4 q
REZIResideo Technologies, Inc.	2.73%	1,386,233	$39M	trimmed−47%	−0.64 pp	4 q
AERAercap Holdings N.V.	2.72%	664,988	$39M	trimmed−71%	−3.74 pp	14 q
TWTRTwitter, Inc.	2.16%	487,500	$31M	held	—	3 q
CEIXCore Natural Resources, Inc.	1.91%	2,819,053	$27M	trimmed−30%	+0.15 pp	2 q
APGAPi Group Corporation	1.85%	1,282,140	$27M	added×2.0	+1.14 pp	4 q
ECHOEchoStar Corporation	1.70%	1,019,446	$24M	added×2.0	+1.05 pp	2 q
ADTADT Inc.	1.64%	2,789,700	$24M	added+54%	+0.78 pp	2 q
unresolvedFinserv Acquisition Corp	1.37%	1,506,487	$20M	new	+1.37 pp	new
JACKJack in the Box Inc.	1.37%	179,800	$20M	added+49%	+0.69 pp	4 q
CNXCNX Resources Corporation	1.35%	1,314,515	$19M	trimmed−59%	−0.76 pp	14 q
SNXTD SYNNEX Corporation	1.17%	146,570	$17M	trimmed−27%	+0.18 pp	3 q
WPFFoley Trasimene Acq-class A	1.16%	1,660,000	$17M	new	+1.16 pp	new
GLDSPDR Gold Trust, SPDR Gold Shares	1.14%	101,980	$16M	trimmed−72%	−2.86 pp	4 q
unresolvedNeubase Therapeutics Inc	1.04%	2,027,027	$15M	held	—	7 q
unresolvedSupernova Partners Acquisiti	0.86%	1,224,000	$12M	new	+0.86 pp	new
GPROGoPro, Inc.	0.82%	1,016,800	$12M	new	+0.82 pp	new
unresolvedExtraction Oil & Gas Inc	0.75%	300,986	$11M	new	+0.75 pp	new
CPRICapri Holdings Limited	0.68%	191,000	$10M	new	+0.68 pp	new
FUBOFuboTV Inc.	0.66%	431,451	$10M	trimmed−65%	−1.42 pp	2 q
GANXGain Therapeutics, Inc.	0.57%	546,560	$8M	new	+0.57 pp	new
SONOSonos, Inc.	0.53%	202,500	$8M	trimmed−44%	+0.01 pp	2 q
unresolvedReinvent Technology Partners	0.47%	670,200	$7M	new	+0.47 pp	new
CCCCCC Intelligent Solutions Holdings Inc.	0.46%	654,500	$7M	new	+0.46 pp	new
unresolvedReinvent Technology Partners	0.35%	500,000	$5M	new	+0.35 pp	new
unresolvedNextgen Acquisition Corp	0.30%	432,200	$4M	new	+0.30 pp	new
HECHudson Executive Investment Corp. Class A	0.27%	390,500	$4M	new	+0.27 pp	new
unresolvedFinserv Acquisition Corp II	0.22%	315,000	$3M	new	+0.22 pp	new
ODPNOdp CORP/THE	0.22%	71,932	$3M	new	+0.22 pp	new
unresolvedReinvent Technology Partners	0.14%	194,400	$2M	new	+0.14 pp	new
NUVBNuvation Bio Inc.	0.11%	150,000	$2M	new	+0.11 pp	new
unresolvedPaysafe Limited	0.09%	288,000	$1M	new	+0.09 pp	new
unresolvedNebula Caravel Acquisition C	0.08%	122,400	$1M	new	+0.08 pp	new
unresolvedFinserv Acquisition Corp	0.06%	262,227	$905,000	new	+0.06 pp	new
unresolvedNew Providence Acquisition	0.06%	70,000	$817,000	held	—	2 q
unresolvedAcies Acquisition Corp	0.06%	88,400	$878,000	new	+0.06 pp	new
unresolvedDanimer Scientific Inc	0.05%	27,233	$692,000	new	+0.05 pp	new
unresolvedProperty Solutions Acquisiti	0.05%	284,000	$727,000	new	+0.05 pp	new
unresolvedAltimeter Growth Corp 2	0.05%	75,000	$778,000	new	+0.05 pp	new
unresolvedVg Acquisition Corp	0.05%	390,000	$656,000	new	+0.05 pp	new
unresolvedNorthern Genesis Acquisition	0.04%	107,400	$640,000	new	+0.04 pp	new
unresolvedSports Entertainment Acqu Co	0.04%	55,976	$547,000	new	+0.04 pp	new
RTP.UReinvent Technology Partners	0.04%	50,000	$536,000	held	—	3 q
unresolvedForest Road Acquisition Corp	0.03%	147,100	$395,000	new	+0.03 pp	new
unresolvedTpg Pace Ben Fin Corp	0.03%	67,000	$500,000	new	+0.03 pp	new
NUVB/WSNuvation Bio Inc -CW27	0.02%	100,000	$267,000	new	+0.02 pp	new
unresolvedAce Convergence Acqu Corp	0.02%	115,000	$224,000	new	+0.02 pp	new
unresolvedArclight Clean Transition Co	0.02%	62,000	$355,000	new	+0.02 pp	new
unresolvedClimate Change Crisis Real I	0.01%	62,000	$203,000	new	+0.01 pp	new
unresolvedLiberty Media Acquisition Co	0.01%	20,000	$215,000	new	+0.01 pp	new
unresolvedNorthern Star Acquisition Co	0.01%	59,100	$178,000	new	+0.01 pp	new
unresolvedTuscan Hldgs Corp	0.01%	30,200	$98,000	new	+0.01 pp	new
unresolvedDmy Technology Group Inc II	0.00%	14,200	$60,000	new	0.00 pp	new
unresolvedHolicity Inc	0.00%	5,000	$14,000	new	0.00 pp	new
BKKT/WSBakkt, Inc. Warrants to purchase Class A Each Warrant entitles to purchase 1/25th of a share of Class A at an exercise price of $287.50 for one share of Class A	0.00%	12,500	$37,000	new	0.00 pp	new
VYXNCR Voyix Corporation	—	−1,026,147	—	exited	−2.35 pp	—
GDXVanEck Gold Miners ETF	—	−969,100	—	exited	−2.13 pp	—
CCKCrown Holdings Inc.	—	−211,390	—	exited	−1.29 pp	—
DDSDillard's, Inc. Class A	—	−230,134	—	exited	−0.88 pp	—
CLOVClover Health Investments, Corp	—	−700,000	—	exited	−0.72 pp	—
UHALU-Haul Holding Company	—	−14,439	—	exited	−0.40 pp	—
unresolvedPanacea Acquisition Corp	—	−300,000	—	exited	−0.21 pp	—
unresolvedAequi Acquisition Corp	—	−200,000	—	exited	−0.12 pp	—
ICPTIntercept Pharmaceuticals, Inc.	—	−81,856	—	exited	−0.12 pp	—
MNOVMedicinova, Inc.	—	−185,000	—	exited	−0.06 pp	—
unresolvedPanacea Acquisition Corp	—	−100,000	—	exited	−0.02 pp	—