Greenlight Capital

Q4 2022 13F · by David Einhorn, portfolio manager

As of: Dec 31, 2022
Filed: Feb 14, 2023
US stock: $1.4B · prev $1.4B
Positions: 41 · prev 42
Options notional: $0
Documents: 1· no amendments

Picture99.9% US stock

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

US stock listed on a US exchange 99.9%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.1%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves30 since the prior filing

+11.3 pp in · −13.9 pp out

New 4 +3.39 pp
Added 10 +7.88 pp
Trimmed 11 +2.81 pp
Exited 5 −16.73 pp

The book

Very concentrated · behaves like 8 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 37% a year, about 2.7 years per position

Low
Moderate
High

Top 5 positions61% of US stock

Positions41 in this filing · 5 exited


GRBKGreen Brick Partners, Inc	28.40%	16,909,961	$410M	held	—	21 q
BHFBrighthouse Financial, Inc.	11.36%	3,195,650	$164M	trimmed−4%	+1.09 pp	21 q
CEIXCore Natural Resources, Inc.	8.17%	1,812,551	$118M	added+6%	+0.37 pp	9 q
KDKyndryl Holdings, Inc.	6.94%	9,006,560	$100M	added+24%	+2.69 pp	5 q
TECKTeck Resources Limited	5.86%	2,236,518	$85M	added+3%	+1.20 pp	11 q
ODPNOdp CORP/THE	5.21%	1,651,440	$75M	trimmed−2%	+1.00 pp	8 q
CPRICapri Holdings Limited	3.76%	945,300	$54M	trimmed−4%	+1.07 pp	8 q
SW5Southwestern Energy Co	3.65%	8,991,850	$53M	added+47%	+1.01 pp	4 q
GPNGlobal Payments, Inc.	3.26%	473,150	$47M	added+73%	+1.17 pp	5 q
LIVNLivaNova PLC	3.23%	838,400	$47M	added+3%	+0.31 pp	7 q
GLDSPDR Gold Trust, SPDR Gold Shares	2.46%	209,541	$36M	trimmed−16%	−0.28 pp	11 q
SLViShares Silver Trust	2.33%	1,524,010	$34M	trimmed−2%	+0.40 pp	6 q
THCTenet Healthcare Corporation New	2.23%	658,900	$32M	new	+2.23 pp	new
WFRDWeatherford International plc	2.06%	583,725	$30M	trimmed−23%	+0.34 pp	4 q
CIVICivitas Resources, Inc.	1.85%	461,398	$27M	added+66%	+0.72 pp	5 q
REZIResideo Technologies, Inc.	1.69%	1,477,863	$24M	trimmed−6%	−0.43 pp	11 q
GPKGraphic Packaging Holding Company	1.65%	1,067,670	$24M	added+28%	+0.49 pp	7 q
VSXYVictorias Secret & Co.	1.02%	411,071	$15M	trimmed−40%	−0.39 pp	6 q
GPROGoPro, Inc.	0.92%	2,665,140	$13M	trimmed−1%	−0.02 pp	8 q
CNXCConcentrix Corporation	0.89%	96,021	$13M	trimmed−13%	+0.02 pp	3 q
GPORGulfport Energy Corporation	0.64%	125,500	$9M	new	+0.64 pp	new
LKFTLakefront Biotherapeutics	0.48%	155,358	$7M	added+6%	+0.04 pp	5 q
FNKOFunko, Inc. Class A	0.39%	521,500	$6M	new	+0.39 pp	new
unresolvedDanimer Scientific Inc	0.28%	2,250,000	$4M	added+17%	−0.12 pp	9 q
CNXCNX Resources Corporation	0.25%	216,165	$4M	trimmed−3%	+0.01 pp	21 q
unresolvedWaverley Capital Acquisition Corp 1	0.24%	350,000	$4M	held	—	6 q
unresolvedFinserv Acquisition Corp II	0.22%	315,000	$3M	held	—	8 q
unresolvedPanacea Acquisition Corp II	0.19%	275,000	$3M	held	—	7 q
COYACoya Therapeutics, Inc.	0.13%	392,444	$2M	new	+0.13 pp	new
GANXGain Therapeutics, Inc.	0.12%	546,560	$2M	held	—	8 q
unresolvedTalis Biomedical Corp	0.07%	2,235,783	$996,488	held	—	5 q
unresolvedNeubase Therapeutics Inc	0.04%	2,727,027	$518,681	held	—	14 q
unresolvedPolestar Automotive Hldg UK	0.01%	82,100	$91,952	held	—	3 q
BODYWThe Beachbody Co Wts	0.00%	57,000	$2,366	held	—	7 q
BKSYWBlacksky Technology Wts	0.00%	36,200	$4,888	held	—	6 q
KPLTKatapult Holdings, Inc.	0.00%	262,227	$18,880	held	—	7 q
NUVBNuvation Bio Inc.	0.00%	34,995	$67,190	held	—	8 q
NUVB/WSNuvation Bio Inc -CW27	0.00%	100,000	$14,450	held	—	8 q
TMCWWTMC the metals company Inc.	0.00%	170,000	$13,600	held	—	6 q
unresolved23ANDME Holding Co	0.00%	23,591	$50,957	held	—	5 q
unresolvedPaysafe Limited	0.00%	288,000	$16,531	held	—	8 q
TWTRTwitter, Inc.	—	−4,288,500	—	exited	−13.31 pp	—
CHNGChange Healthcare Inc.	—	−801,701	—	exited	−1.56 pp	—
INTCIntel Corp	—	−715,000	—	exited	−1.30 pp	—
NWSNews Corporation Class B	—	−361,291	—	exited	−0.39 pp	—
RIVNRivian Automotive, Inc. Class A	—	−73,723	—	exited	−0.17 pp	—