David Einhorn's Fund of Funds hedge fund, Greenlight Masters returned 11.6% for the first six months of 2019, net of all fees and expenses.

While the fund underperformed the S&P 500 index, which returned 18.5% over the same period, several of the managers in the portfolio returned over 20%, with only one manager losing more than 1%, according to a copy of Greenlight Masters' first half-letter to investors, a copy of which ValueWalk has been able to review.

For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks.

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