David Einhorn’s Greenlight Capital, famous for its short selling of Lehman, has its main assets on Technology. Greenlight Capital’s 13F portfolio valued at 7.176 billion dollars at the end of the second quarter of 2014. Q2 F13 filings, presented to the SEC on August 14, 2014, show that, Greenlight’s main investments are held on Micron Technology, Inc. (NASDAQ:MU), Apple Inc. (NASDAQ:AAPL) and Marvell Technology Group Ltd. (MRVL). (Please to see complete list of Greenlight Capital holdings).
Micron Technology, Inc. (NASDAQ:MU) is the largest position of David Einhorn at the end of second quarter.Micron Technology, Inc. (NASDAQ:MU) provides semiconductor solutions worldwide. The company has a market cap of 33.7 and P/E ratio of 12.7. David Einhorn has invested $1.3 billion in this company at the end of second quarter. David Einhorn has reduced his shares of Micron Technology, Inc. (NASDAQ:MU) by 8.3% during the second quarter. Seth Klarman’s Baupost Group, Morgan Size’s Azentus Capital Management and Brian Jackelow’s Sab Capital Management also hold large positions in Micron Technology, Inc. (NASDAQ:MU).
Apple Inc. (NASDAQ:AAPL) is another technology company in which Greenlight’s eyes are still upon. The 586.69 billion dollar company has had great performance throughout the year, with an over 20% increase on price per share. David Einhorn has reduced his shares of Apple Inc. (NASDAQ:AAPL) by 8.3% during the second quarter. His position of Apple Inc. (NASDAQ:AAPL) was valued at $878 million at the end of second quarter. Other Apple Inc. (NASDAQ:AAPL) betting hedge funds are: Christopher R. Hansen’s Valiant Capital, Jim Roumell’s Roumell Asset Management and Carl Icahn’s Icahn Capital Lp .
Marvell Technology Group Ltd. (NASDAQ:MRVL) is the third largest asset of David Einhorn. Marvell Technology Group Ltd. (NASDAQ:MRVL) produces storage, communications and consumer semiconductors and has a market capital of $6.8 billion. Greenlight’s ownership of Marvell Technology Group Ltd. (NASDAQ:MRVL)’s has made an extra 150,000 share acquisition, making it a 0.3% variation from Q1’s F13 filings. Sadly the value of Marvell Technology Group Ltd. (NASDAQ:MRVL)’s asset has droped, giving Greenlight Capital a loss of more than 9% on this tenure. Other hedge funds which have assets on Marvell Technology Group Ltd. (NASDAQ:MRVL) are: Joseph A. Jolson’s Harvest Capital Strategies, Kerr Neilson’s Platinum Asset Management andPhilippe Jabre’s Jabre Capital Partners.
This article has been written by Alexander Scheller.
