Thursday, August 15, 2013

David Einhorn's Latest Portfolio Dividend Stock Changes | Greenlight Capital

Latest stock purchases and sales from David Einhorn, Greenlight Capital originally published at long-term-investments.blogspot.com. David Einhorn has around USD 5.3 billion in assets under management in his asset management company Greenlight Capital. Last Quarter he made 28 transactions and bought 7 new stakes. His portfolio has only 30 stock holdings.

In this article I would like to present you the best dividend stocks, bought and sold by David Einhorn. From his nine stock and ETF purchases pay six a dividend. All of the latest dividend buys from David Einhorn yielding between .13 percent and 1.92 percent. David is no long-term dividend player. He wants a quick total return. The most important buys were ING US, Liberty Global and Market Vectors Gold Miners ETF.

On the short side, he reduced or sold out 19 stocks. 15 of them pay a dividend. The biggest impact had Cigna, Seagate Technology and Microsoft with around 3 percent impact to his portfolio.

Apple remains the biggest stock holding bet. The stake has a value of around one billion dollar. The second biggest position of David Einhorn is the car company General Motors which represents around 10.7 percent of his total portfolio. The third biggest company is the technology stock Marvell with a 9.7 percent share. Both are worth over USD 500 million.

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