A lot has happened again in David Einhorn’s Greenlight Capital portfolio in the fourth quarter of 2025. These are his ten largest holdings.
In the fourth quarter of 2025, David Einhorn’s hedge fund Greenlight Capital had assets under management of around $2.85 billion. Like all institutional investors with capital of over $100 million, Greenlight Capital must regularly disclose its holdings to the US Securities and Exchange Commission (SEC). The following ranking shows the ten largest positions in the portfolio as of December 31, 2025, sorted by their share of total assets.
Editorial team finanzen.net
11th place: The ranking
In the fourth quarter of 2025, star investor David Einhorn’s hedge fund Greenlight Capital managed assets of around $2.85 billion. Like all institutional investors with capital under management of over $100 million, Greenlight Capital is required to regularly disclose its holdings to the US Securities and Exchange Commission (SEC). The following list shows the ten largest positions in David Einhorn’s portfolio as of December 31, 2025, ordered by their percentage share of total assets.
Source: sec.gov, Image: Paul Bereswill/Getty Images
10th place: Teva Pharmaceutical
The top ten of the Greenlight portfolio is once again introduced by the ADR papers of the pharmaceutical company Teva Pharmaceutical. However, in the fourth quarter of 2025, Einhorn’s investment company sold 720,043 securities. He thus continued to hold 3,058,734 securities worth approximately $95.46 million. With a portfolio share of 3.35 percent, Teva is the tenth largest investment in the portfolio.
Source: sev.gov, Image: Teva Pharmaceutical Industries
9th place: Kyndryl
The IT group Kyndryl has slipped from fifth to ninth place among the largest Greenlight Capital investments. Here too, Einhorn’s hedge fund took the red pencil and sold 527,274 shares. This means that 3,816,353 securities worth $101.36 million were held as of the reporting date. The percentage share of the portfolio is therefore 3.56 percent.
Source: sec.gov, Image: T. Schneider / Shutterstock.com
8th place: Centene
Healthcare insurance provider Centene managed to jump from 15th to 8th place. The investment was significantly increased here in the last quarter: 1,078,880 papers were purchased, so that as of December 31st there were 2,639,420 of the company’s papers in the Greenlight Capital depot. With a value of 108.61 million US dollars, the stake amounts to 3.81 percent.
Source: sev.gov, Image: Michael Bührke / pixelio.de
7th place: Capri Holdings
The luxury fashion group Capri Holdings came in seventh. Here, too, there was a strong jump from 16th place to seventh place. Greenlight Capital purchased a total of 2,080,410 shares in the fourth quarter and thus held 4,768,007 shares. As of the reporting date, the investment was worth $116.34 million, making up 4.08 percent of the entire portfolio.
Source: sec.gov, Image: T. Schneider / Shutterstock.com
6th place: PG&E
The investment in PG&E was able to rise from seventh to sixth place. Greenlight Capital purchased a total of 1,403,250 shares from Pacific Gas and Electric Company in the fourth quarter and thus held a total of 7,784,103 shares. The stake in the energy supplier was worth $125.09 million as of the reporting date, making up 4.39 percent of the entire portfolio.
Source: sec.gov, Image: Sundry Photography / Shutterstock.com
5th place: Graphic Packaging
The packaging company Graphic Packaging was even able to move up three places. Here, too, the investment was increased significantly in the last quarter: 3,709,160 shares were purchased, which is why there were now 8,415,110 of the company’s securities in the Greenlight Capital depot as of December 31st. With a value of 126.73 million US dollars, the stake amounts to 4.45 percent.
Source: sev.gov, Image: Casimiro PT/Shutterstock.com
4th place: Brighthouse Financial
The US insurer Brighthouse Financial was able to maintain its position in the reporting period. In the fourth quarter of 2025, Greenlight Capital did not touch the investment and still held 2,792,100 shares. With a value of 180.9 million US dollars, the investment represents a portfolio share of 6.35 percent.
Source: sec.gov, Image: madamF / Shutterstock.com
3rd place: Core Natural Resources
The raw materials company Core Natural Resources was also able to stay in third place. Here, however, Einhorn’s hedge fund sold 55,160 shares. The company’s 2,100,480 securities now held had a value of $185.91 million as of the reporting date, which corresponded to a portfolio share of 6.52 percent.
Source: sec.gov, Image: Sally Wallis / Shutterstock.com
2nd place: Fluor Corp.
At the construction company Fluor Corp. Greenlight Capital bought again in the fourth quarter. Einhorn’s hedge fund increased its investment by 42,220 shares to a total of 5,555,900 securities. With a value of 220.18 million US dollars, the investment represents a portfolio share of 7.73 percent.
Source: sec.gov, Image: Rainer Sturm / pixelio.de
1st place: Green Brick Partners
And in the fourth quarter, the house building and property development company Green Brick Partners remained unchallenged in first place. 9,467,383 papers lie untouched in the portfolio of star investor David Einhorn. With a value of $593.23 million as of the reporting date, the holding has an impressive portfolio share of 20.82 percent.
Source: sec.gov, Image: MacroEcon / Shutterstock.com
By the way: Brighthouse Financial and other US stocks can even be traded on finanzen.net ZERO until 11 p.m. (without order fees, plus spreads). Open a depot now for free and secure a new customer bonus!
Selected leveraged products on Brighthouse Financial
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the leverage you want and we will show you suitable open-end products on Brighthouse Financial
The leverage must be between 2 and 20
Advertising