Billionaire David Einhorn's Hedge Fund Crushed the Stock Market in the First Quarter of 2025. Here Are His Top 3 Holdings.
It was a volatile first quarter for the broader benchmark S&P 500 index, which dealt with questions about high valuations and concerns about tariffs, although the first quarter, ending on March 31, came right before the big tariff-induced sell-off in April. In the first quarter, the S&P 500 fell roughly 4.6%.Meanwhile, billionaire David Einhorn's hedge fund, Greenlight Capital, now known as DME Capital Management, generated an 8.2% return, according to Reuters. In a letter to shareholders viewed by Reuters, Einhorn said the fund turned bearish in February, concerned about the Trump administration's policies.Einhorn said Greenlight turned to gold in the quarter and also put several shorts on against undisclosed consumer companies. At the end of 2024, Einhorn's fund owned 36 stocks valued at close to $1.95 billion. Here were Greenlight's three largest holdings at the end of 2024.Continue reading
It was a volatile first quarter for the broader benchmark S&P 500 index, which dealt with questions about high valuations and concerns about tariffs, although the first quarter, ending on March 31, came right before the big tariff-induced sell-off in April. In the first quarter, the S&P 500 fell roughly 4.6%.
Meanwhile, billionaire David Einhorn's hedge fund, Greenlight Capital, now known as DME Capital Management, generated an 8.2% return, according to Reuters. In a letter to shareholders viewed by Reuters, Einhorn said the fund turned bearish in February, concerned about the Trump administration's policies.
Einhorn said Greenlight turned to gold in the quarter and also put several shorts on against undisclosed consumer companies. At the end of 2024, Einhorn's fund owned 36 stocks valued at close to $1.95 billion. Here were Greenlight's three largest holdings at the end of 2024.
