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David Einhorn Buys ING US Inc, Liberty Global, Sells Virgin Media, Cigna, Seagate

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Influential hedge fund manager David Einhorn just reported his second quarter portfolio. He was a net seller for the quarter, as he has sold out many positions. He did buy a few new positions, too. David Einhorn bought ING US, Liberty Global, IAC/InterActiveCorp, Liberty Global PLC etc. during the 3-months ended 06/30/2013, according to the most recent filings of his investment company, Greenlight Capital.

As of 06/30/2013, Greenlight Capital owns 30 stocks with a total value of $5.3 billion. These are the details of the buys and sells.

For the details of David Einhorn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Einhorn

This is the sector weightings of his portfolio:

Technology 39.3%
Consumer Cyclical 16.8%
Healthcare 14.8%
Financial Services 6.8%
Industrials 6%
Energy 5.6%
Communication Services 3.6%
Consumer Defensive 1.1%
Basic Materials 0.1%


These are the top 5 holdings of David Einhorn

1. Apple Inc (AAPL) - 2,397,706 shares, 17.8% of the total portfolio.

2. General Motors Co (GM) - 17,047,339 shares, 10.7% of the total portfolio. Shares reduced by 19.48%

3. Marvell Technology Group, Ltd. (MRVL) - 44,289,000 shares, 9.7% of the total portfolio. Shares reduced by 14.5%

4. Aetna Inc (AET) - 6,728,940 shares, 8.0% of the total portfolio. Shares added by 3.39%

5. Cigna Corp (CI) - 4,974,174 shares, 6.8% of the total portfolio. Shares reduced by 39.24%

New Purchase: ING US Inc (VOYA)

David Einhorn initiated holdings in ING US Inc. His purchase prices were between $20.67 and $28.53, with an estimated average price of $25.7. The impact to his portfolio due to this purchase was 1.9%. His holdings were 3,707,409 shares as of 06/30/2013.

New Purchase: Liberty Global PLC (LBTYA)

David Einhorn initiated holdings in Liberty Global PLC. His purchase prices were between $69.03 and $79.05, with an estimated average price of $74.1. The impact to his portfolio due to this purchase was 1.7%. His holdings were 1,246,918 shares as of 06/30/2013.

New Purchase: Liberty Global PLC (LBTYK)

David Einhorn initiated holdings in Liberty Global PLC. His purchase prices were between $64.57 and $73.78, with an estimated average price of $69.23. The impact to his portfolio due to this purchase was 1.2%. His holdings were 931,081 shares as of 06/30/2013.

New Purchase: Amdocs Ltd. (DOX)

David Einhorn initiated holdings in Amdocs Ltd.. His purchase prices were between $34.28 and $37.09, with an estimated average price of $35.71. The impact to his portfolio due to this purchase was 1.1%. His holdings were 1,542,245 shares as of 06/30/2013.

New Purchase: Rite Aid Corporation (RAD)

David Einhorn initiated holdings in Rite Aid Corporation. His purchase prices were between $1.71 and $3.15, with an estimated average price of $2.61. The impact to his portfolio due to this purchase was 1.1%. His holdings were 20,200,000 shares as of 06/30/2013.

New Purchase: URS Corporation (URS)

David Einhorn initiated holdings in URS Corporation. His purchase prices were between $43.45 and $49.24, with an estimated average price of $46.31. The impact to his portfolio due to this purchase was 0.99%. His holdings were 1,113,879 shares as of 06/30/2013.

New Purchase: WPX Energy Inc (WPX)

David Einhorn initiated holdings in WPX Energy Inc. His purchase prices were between $15 and $20.35, with an estimated average price of $17.86. The impact to his portfolio due to this purchase was 0.94%. His holdings were 2,642,648 shares as of 06/30/2013.

Sold Out: Seagate Technology PLC (STX)

David Einhorn sold out his holdings in Seagate Technology PLC. His sale prices were between $33.93 and $44.99, with an estimated average price of $40.28.

Sold Out: Microsoft Corporation (MSFT)

David Einhorn sold out his holdings in Microsoft Corporation. His sale prices were between $28.56 and $35.67, with an estimated average price of $32.76.

Sold Out: CBS Corporation (CBS)

David Einhorn sold out his holdings in CBS Corporation. His sale prices were between $44.71 and $51.53, with an estimated average price of $47.7.

Sold Out: Hess Corp (HES)

David Einhorn sold out his holdings in Hess Corp. His sale prices were between $62.87 and $74.14, with an estimated average price of $69.2.

Sold Out: Barrick Gold Corporation (ABX)

David Einhorn sold out his holdings in Barrick Gold Corporation. His sale prices were between $14.78 and $29.02, with an estimated average price of $20.26.

Sold Out: AECOM Technology Corporation (ACM)

David Einhorn sold out his holdings in AECOM Technology Corporation. His sale prices were between $28.22 and $32.01, with an estimated average price of $30.23.

Sold Out: Western Digital Corporation (WDC)

David Einhorn sold out his holdings in Western Digital Corporation. His sale prices were between $49.25 and $64.67, with an estimated average price of $57.97.

Sold Out: Tessera Technologies, Inc. (TSRA)

David Einhorn sold out his holdings in Tessera Technologies, Inc.. His sale prices were between $18.16 and $21.21, with an estimated average price of $20.13.

Sold Out: Republic Airways Holdings, Inc. (RJET)

David Einhorn sold out his holdings in Republic Airways Holdings, Inc.. His sale prices were between $9.59 and $11.62, with an estimated average price of $10.77.

Sold Out: National Bank Holdings Corp (NBHC)

David Einhorn sold out his holdings in National Bank Holdings Corp. His sale prices were between $17.7 and $19.7, with an estimated average price of $18.44.

Sold Out: Symmetricom Inc. (SYMM)

David Einhorn sold out his holdings in Symmetricom Inc.. His sale prices were between $4.48 and $5.29, with an estimated average price of $4.86.

Added: (GDX)

David Einhorn added to his holdings in by 46.49%. His purchase prices were between $22.22 and $37.45, with an estimated average price of $29.19. The impact to his portfolio due to this purchase was 1.27%. His holdings were 8,796,896 shares as of 06/30/2013.

Added: IAC/InterActiveCorp (IACI)

David Einhorn added to his holdings in IAC/InterActiveCorp by 309.64%. His purchase prices were between $43.7 and $51.38, with an estimated average price of $47.67. The impact to his portfolio due to this purchase was 1.21%. His holdings were 1,788,949 shares as of 06/30/2013.

Added: Aetna Inc (AET)

David Einhorn added to his holdings in Aetna Inc by 3.39%. His purchase prices were between $52.38 and $63.59, with an estimated average price of $58.75. The impact to his portfolio due to this purchase was 0.26%. His holdings were 6,728,940 shares as of 06/30/2013.

Reduced: Cigna Corp (CI)

David Einhorn reduced to his holdings in Cigna Corp by 39.24%. His sale prices were between $62.91 and $72.56, with an estimated average price of $67.4. The impact to his portfolio due to this sale was -3.06%. David Einhorn still held 4,974,174 shares as of 06/30/2013.

Reduced: Delphi Automotive PLC (DLPH)

David Einhorn reduced to his holdings in Delphi Automotive PLC by 44.4%. His sale prices were between $40.94 and $52.09, with an estimated average price of $46.86. The impact to his portfolio due to this sale was -1.82%. David Einhorn still held 3,331,278 shares as of 06/30/2013.

Reduced: General Motors Co (GM)

David Einhorn reduced to his holdings in General Motors Co by 19.48%. His sale prices were between $27.52 and $35.03, with an estimated average price of $31.68. The impact to his portfolio due to this sale was -1.75%. David Einhorn still held 17,047,339 shares as of 06/30/2013.

Reduced: Computer Sciences Corporation (CSC)

David Einhorn reduced to his holdings in Computer Sciences Corporation by 30.58%. His sale prices were between $42.59 and $49.49, with an estimated average price of $45.73. The impact to his portfolio due to this sale was -1.35%. David Einhorn still held 4,106,864 shares as of 06/30/2013.

Reduced: Marvell Technology Group, Ltd. (MRVL)

David Einhorn reduced to his holdings in Marvell Technology Group, Ltd. by 14.5%. His sale prices were between $9.55 and $11.83, with an estimated average price of $10.84. The impact to his portfolio due to this sale was -1.22%. David Einhorn still held 44,289,000 shares as of 06/30/2013.

Reduced: DST Systems, Inc. (DST)

David Einhorn reduced to his holdings in DST Systems, Inc. by 26.22%. His sale prices were between $64.29 and $71.73, with an estimated average price of $68.58. The impact to his portfolio due to this sale was -0.63%. David Einhorn still held 1,656,369 shares as of 06/30/2013.

Reduced: Aspen Insurance Holdings Ltd. (AHL)

David Einhorn reduced to his holdings in Aspen Insurance Holdings Ltd. by 20.03%. His sale prices were between $36.03 and $38.97, with an estimated average price of $37.67. The impact to his portfolio due to this sale was -0.58%. David Einhorn still held 3,930,516 shares as of 06/30/2013.

Reduced: Oaktree Capital Group LLC (OAK)

David Einhorn reduced to his holdings in Oaktree Capital Group LLC by 20.25%. His sale prices were between $50.01 and $57.69, with an estimated average price of $52.71. The impact to his portfolio due to this sale was -0.28%. David Einhorn still held 1,476,744 shares as of 06/30/2013.

Reduced: Einstein Noah Restaurant Group (BAGL)

David Einhorn reduced to his holdings in Einstein Noah Restaurant Group by 13.97%. The impact to his portfolio due to this sale was -0.37%. David Einhorn still held 9,233,469 shares as of 06/30/2013.

Here is the complete portfolio of David Einhorn. Also check out:

1. David Einhorn's Undervalued Stocks

2. David Einhorn's Top Growth Companies, and

3. David Einhorn's High Yield stocks

4. Stocks that David Einhorn keeps buying


Rating: 2.5/5 (2 votes)

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