David Einhorn Buys streetTRACKS Gold, Allegheny Energy Inc., CommScope Inc., Sells Ameriprise Financial Inc., Kinross Gold Corp., Pomeroy IT Solutions Inc.

Author's Avatar
Feb 17, 2009
David Einhorn is a smart investor. He lost 20% in his funds last year, first down year since in business from 1996. In his shareholder letter, he wrote: "We bought a lot of things across the corporate capital structure. We ought bank debt, we bought high yield bonds... we bought gold and select foreign currencies. The number of securities in the portfolio grew dramatically during the quarter as we added many small positions in the things that we believed to be undervalued and good long term investments." These are the details.


David Einhorn buys streetTRACKS Gold, Allegheny Energy Inc., CommScope Inc., Market Vectors Gold Miners ETF, MEMC Electronic Materials Inc., CF Industries Holdings Inc., The Dow Chemical Company, Aspen Insurance Holdings Ltd., , JA SOLAR HOLDINGS, CO., LTD. - ADS, Focus Media Holding Ltd., Cadence Design Systems Inc., PattersonUTI Energy Inc., Carpenter Technology Corp., Health Net Inc., Foster Wheeler Ltd., McDermott International Inc., Patriot Coal Corp., Western Digital Corp., WilliamsSonoma Inc., Colonial Properties Trust, Smithfield Foods Inc., Huntsman Corp., AerCap Holdings N.V., Corning Inc., Duke Realty Corp., Amkor Technology Inc., Brandywine Realty Trust, General Cable Corp., Oshkosh Truck Corp., Belden Inc., Crosstex Energy Inc., Aircastle Ltd., Liberty Media Corp. Interactive Common S, Supervalu Inc., Anixter International Inc., Teekay Corp., Sunstone Hotel Investors Inc., Sears Holdings Corp., Danaos Corp., MDC Partners Inc. CL A, Sinclair Broadcast Group Inc., sells Ameriprise Financial Inc., Kinross Gold Corp., Pomeroy IT Solutions Inc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Greenlight Capital Inc. David Einhorn owns 63 stocks with a total value of $2 billion. These are the details of the buys and sells.





New Purchases: AER, AHL, AMKR, AXE, AYE, AYR, BDC, BDN, BGC, CDNS, CF, CLP, CRS, CTV, DAC, DOW, DRE, FMCN, FWLT, GDX, GLD, GLW, HNT, HUN, JASO, LINTA, MDCA, MDR, OSK, PCX, PTEN, SBGI, SFD, SHLD, SHO, SVU, TK, WDC, WFR, WSM, XTXI,


Added Positions: EMC, GFG, MIM, SATS, TDC, TKTM, URS,


Reduced Positions: DAN, DPS, EPL, GTS, HLX, HMA, MDC,


Sold Out: AMP, KGC, PMRY,





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