greenlight Capital David Einhorn Growth in book value

Greenlight And Third Point Have Strong May With 2% Returns

We will not do our monthly analysis of David Einhorn’s postions and returns, since we have had a lot of great Einhorn coverage in the past few days (see the intern story, and investor day audio), and positions have not changed much; just a bit from Loeb and Einhorn below.

Via Greenlight RE

As of 31-May-2014, the largest disclosed long positions in our investment portfolio are Alpha Bank A.E., Apple, gold, Marvell Technology, Micron Technology and Oil States International; our investment portfolio is approximately 112% long and 68% short.  All exposure information is calculated on a delta adjusted basis and excludes credit default swaps, interest rate swaps, sovereign debt, currencies, commodities, and derivatives on any of these instruments.

Net Monthly Returns:

May 2014: 2.0%

Net Quarterly Returns:

 2014 2013 2012 2011 2010
1st……….      (0.7)%    5.8%  6.5%    (3.4)% (1.9)%
2nd………        6.2(2) 2.0 (3.3) (1.9) 2.6
3rd……….       — 4.0 8.8 0.1 3.6
4th……….    — 6.6 (4.4) 7.6 6.5
Full Year     5.4(3)
19.6 7.1 2.1  11.0 

Via Third Point Re

May YTD 2014
+1.7% +3.7%

UPDATE: June 2nd 2014 7:22 PM EST Loeb’s portfolio summary added below

2014-05 May Monthly Report TPRE_v001_y4fb4x

Third Point May Monthly Report TPRE

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Are you an intelligent investor?

ValueWalkPremium is a website and newsletter for smart investors like yourself. We focus on the latest hedge fund industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0