Einhorn's Greenlight Shaves Position In Apple, Adds To GM

By Wallace Witkowski Markets MarketWatch Pulse

David Einhorn's Greenlight Capital reduced its stake in Apple Inc. while increasing its stake in General Motors Co. , according to a Securities and Exchange Commission filing late Monday. Greenlight reported holding 4.2 million shares of Apple, down from about 6.1 million shares in the previous quarter. The firm increased its stake in GM to 55 million shares from about 13 million in the previous quarter. Greenlight also reduced positions in IAC/Interactive Corp. , Rite Aid Corp. , and Time Warner Inc. , while taking new positions in Micron Technology Inc. and Perrigo Co. . Greenlight also increased its stake in Yahoo Inc. and dumped its position of Yelp Inc.

Continue Reading Below

Copyright © 2017 MarketWatch, Inc.