These are all the short positions in Greenlight’s Q4 letter

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Michelle deBoer-Jones
Published on
Updated on

Greenlight Capital was up 13.8% in 2019, underperforming the S&P 500’s 31.5% gain. According to the fund’s fourth-quarter letter to investors, which was reviewed by ValueWalk, the short portfolio lost 20.1%, while the macro holdings added 1.5% to returns before fees. Their shorts went up a little less than the market but remained a sore spot for Greenlight. The fund highlighted its 10 top positions during the fourth quarter, three of which were shorts. Assured Guaranty This financial guarantor insures a number of large, long-term issuances in Chicago and New Jersey, and the Greenlight team feels many of them could…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.