David Einhorn portfolio
Latest holdings of Greenlight Capital as of Q2 2026: 46 positions worth $3.9B, decoded into plain English.
Portfolio summary and charts
- Green Brick Partners (GRBK) is the largest position at 19.4% of a $3.9B portfolio.
- Biggest buy: opened a new position in Fortune Brands Innovations, about $123M of new money.
- Biggest sale: sold out of Victoria's Secret, about $105M.
- Moderate conviction: the top 10 holdings make up 53%, and the portfolio behaves like 17 equal-sized bets.
Every box is a position, sized by its weight
What this meansGreen Brick Partners alone is 19% of the portfolio, and the top three make up 30%. Colors show what changed since last quarter, so you can spot fresh conviction at a glance.
Where the money is
What this meansConsumer Discretionary is the biggest slice at 29% of the portfolio.
How focused is the portfolio?
What this meansThe steeper the gold curve rises above the dashed line, the more the portfolio depends on a few big bets. It behaves like 17 equal-sized positions.
Biggest buys and sells
What this meansThe largest move was opening Fortune Brands Innovations, worth about $123M. Values are estimated at quarter-end prices.
Two years of reported value
What this meansValue changes with both market prices and new money in or out. It moved from $2.0B to $3.9B over 9 quarters.
How today’s top positions grew over time
What this meansWide, steady bands are long-term core holdings; bands that appear suddenly are recent bets.
All 46 positions
| # | Stock | Sector | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|---|---|
| 1 | GRBK Green Brick Partners | Consumer Discretionary | 19.39% | Hold | 9,467,383 | $758M |
| 2 | FLR Fluor | Industrials | 6.24% | Trimmed −2% | 4,658,750 | $244M |
| 3 | CNR Core Natural Resources | Materials | 4.67% | Added +23% | 2,283,200 | $183M |
| 4 | BHF Brighthouse Financial | Financials | 4.60% | Hold | 2,842,100 | $180M |
| 5 | ACHC Acadia Healthcare | Health Care | 3.32% | Trimmed −3% | 4,400,641 | $130M |
| 6 | PENN PENN Entertainment | Consumer Discretionary | 3.20% | Trimmed −3% | 5,860,270 | $125M |
| 7 | FBIN Fortune Brands Innovations | Materials | 3.15% | New | 2,241,875 | $123M |
| 8 | PCG PG&E | Utilities | 2.85% | Hold | 6,632,852 | $112M |
| 9 | CNC Centene | Financials | 2.71% | Trimmed −40% | 1,651,150 | $106M |
| 10 | GPK Graphic Packaging | Materials | 2.69% | Added +9% | 9,953,430 | $105M |
| 11 | SNX Td Synnex | Industrials | 2.61% | Trimmed −21% | 381,042 | $102M |
| 12 | Teva Teva Pharmaceutical Inds | Other | 2.50% | Trimmed −1% | 2,886,059 | $98M |
| 13 | VGNT Versigent | Consumer Discretionary | 2.45% | New | 2,277,640 | $96M |
| 14 | CPRI Capri | Materials | 2.29% | Trimmed −2% | 4,820,118 | $90M |
| 15 | BKV BKV | Energy | 2.17% | Added +15% | 3,095,173 | $85M |
| 16 | DHT DHT | Industrials | 2.13% | Trimmed −5% | 5,034,320 | $83M |
| 17 | CROX Crocs | Materials | 2.07% | Hold | 669,140 | $81M |
| 18 | ROIV Roivant Sciences | Health Care | 1.95% | Hold | 2,152,669 | $76M |
| 19 | SHC Sotera Health | Health Care | 1.88% | Added +100% | 4,135,515 | $73M |
| 20 | VSNT Versant Media | Communication | 1.77% | Trimmed −37% | 1,922,172 | $69M |
| 21 | PRMB Primo Brands | Consumer Staples | 1.77% | New | 2,823,660 | $69M |
| 22 | DCH Dauch | Consumer Discretionary | 1.72% | Added +96% | 12,395,104 | $67M |
| 23 | PYPL PayPal | Financials | 1.57% | New | 1,424,320 | $62M |
| 24 | HSIC Henry Schein | Health Care | 1.54% | Added +20% | 718,550 | $60M |
| 25 | WBD Warner Bros. Discovery | Communication | 1.53% | New | 2,246,180 | $60M |
| 26 | LBTYA Liberty Global (Class A) | Communication | 1.44% | Hold | 4,963,322 | $56M |
| 27 | AR Antero Resources | Energy | 1.42% | Added +95% | 1,574,140 | $55M |
| 28 | STUB StubHub | Consumer Discretionary | 1.39% | Hold | 4,233,200 | $54M |
| 29 | REZI Resideo Technologies | Industrials | 1.35% | Added +8% | 1,699,590 | $53M |
| 30 | DECK Deckers Outdoor | Materials | 1.29% | Added +5% | 506,398 | $50M |
| 31 | SPB Spectrum Brands | Technology | 1.23% | Trimmed −14% | 561,438 | $48M |
| 32 | Cnh Cnh Indl N V | Other | 1.20% | Hold | 4,188,940 | $47M |
| 33 | VTRS Viatris | Health Care | 1.13% | Added +53% | 2,773,470 | $44M |
| 34 | SKYD Skydance | Communication | 0.99% | Hold | 3,926,080 | $39M |
| 35 | PVH Pvh | Consumer Discretionary | 0.99% | New | 520,800 | $39M |
| 36 | CMCSA Comcast | Communication | 0.85% | New | 1,345,780 | $33M |
| 37 | SLDE Slide Insurance | Financials | 0.84% | Hold | 1,686,630 | $33M |
| 38 | TRIP TripAdvisor | Technology | 0.83% | Added +51% | 2,361,973 | $32M |
| 39 | GLD SPDR Gold Trust | Financials | 0.79% | Trimmed −16% | 83,421 | $31M |
| 40 | CI Cigna | Financials | 0.62% | Hold | 88,400 | $24M |
| 41 | LKFT Lakefront Biotherapeutics | Health Care | 0.37% | Hold | 482,746 | $14M |
| 42 | COYA Coya Therapeutics | Health Care | 0.35% | Hold | 2,335,540 | $14M |
| 43 | IMVT Immunovant | Health Care | 0.09% | Hold | 93,520 | $4M |
| 44 | GPRO GoPro | Technology | 0.03% | Hold | 1,693,860 | $1M |
| 45 | GANX Gain Therapeutics | Health Care | 0.03% | Hold | 566,130 | $1M |
| 46 | NUVB Nuvation Bio | Health Care | 0.01% | Hold | 34,995 | $199K |
Values as reported at quarter end (30 Jun 2026). Activity compares share counts with the Q1 2026 filing. Source: SEC filing 0001172661-26-003786 · all filings on EDGAR.
Positions closed
- VSXYVictoria's Secret$105M at Q1 2026
- SLMSLM$45M at Q1 2026
- PTONPeloton Interactive$43M at Q1 2026
- WFRDWeatherford International$14M at Q1 2026
- ZimZim Integrated Shipping Serv$9M at Q1 2026
- KPLTKatapult$603 at Q1 2026
David Einhorn
David Einhorn founded Greenlight Capital in 1996 and became known for detailed short theses and contrarian value investing. Greenlight’s 13F holdings are now reported under DME Capital Management.
Philosophy in brief
- Buy undervalued companies that the market misunderstands.
- Do deep, independent research and be willing to stand alone.
- Hedge with shorts; protect capital when markets look expensive.
How to read this page
Who else is trading these holdings
- 07FBIN Fortune Brands Innovations4 congressional trades disclosed (0 buys) · insiders bought $2M in Q3 20263.1% of portfolio
- 17CROX Crocsinsiders bought $613K in Q3 20262.1% of portfolio
- 20VSNT Versant Media2 congressional trades disclosed (0 buys)1.8% of portfolio
- 21PRMB Primo Brandsinsiders bought $2M in Q3 20261.8% of portfolio
- 23PYPL PayPal9 congressional trades disclosed (6 buys)1.6% of portfolio
- 25WBD Warner Bros. Discovery1 congressional trade disclosed (1 buys)1.5% of portfolio
- 29REZI Resideo Technologiesinsiders bought $848K in Q3 20261.4% of portfolio
- 30DECK Deckers Outdoor2 congressional trades disclosed (0 buys)1.3% of portfolio
Investors who think alike
Cosine similarity of position weights (100 = identical portfolios). Chips show the biggest shared holdings.
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