Enlightened-American: David Einhorn (Greenlight Capital) 2008 Q3 13F-HR Filing
Quarter Ending 09/30/2008 Back to the Enlightened American Website
David Einhorn (Greenlight Capital)
*****  NEW POSITIONS TAKEN
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
N/A N/A E M C CORP MASS 1,850,100 $11.96 $22,128,000
N/A N/A KINROSS GOLD CORP 1,170,232 $16.12 $18,864,000
N/A N/A POMEROY IT SOLUTIONS INC 990,934 $4.50 $4,459,000
N/A N/A TICKETMASTER 665,518 $10.73 $7,141,000
*****  SOLD OFF
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
N/A N/A HSBC HLDGS PLC PUT 1,300,000 $76.70 $99,710,000
N/A N/A LEHMAN BROS HLDGS INC PUT 581,200 $19.81 $11,513,000
N/A N/A MICROSOFT CORP 9,911,300 $27.51 $272,660,000
N/A N/A PATRIOT COAL CORP 625,000 $153.29 $95,806,000
N/A N/A SEARS HLDGS CORP 11,240 $73.67 $828,000
N/A N/A UNITEDHEALTH GROUP INC 1,955,000 $26.25 $51,319,000
N/A N/A VERASUN ENERGY CORP 1,767,311 $4.13 $7,299,000
N/A N/A WALGREEN CO 2,000,000 $32.51 $65,020,000
N/A N/A WELLPOINT INC 1,135,000 $47.66 $54,094,000
N/A N/A COVIDIEN LTD 1,700,000 $47.89 $81,413,000
N/A N/A TYCO ELECTRONICS LTD 150,056 $35.82 $5,375,000
*****  HOLD POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
0.00% -12.88% BEAZER HOMES NOTE 4.625% 6/1 5,165,000 5,165,000 $0.66 $0.76 $3,409,000 $3,913,000
0.00% -79.22% BIOFUEL ENERGY CORP 7,542,104 7,542,104 $0.53 $2.55 $3,997,000 $19,232,000
0.00% -9.53% DANA HOLDING CORP 3,537,002 3,537,002 $4.84 $5.35 $17,119,000 $18,923,000
0.00% -8.94% EINSTEIN NOAH REST GROUP INC 10,733,469 10,733,469 $10.08 $11.07 $108,193,000 $118,820,000
0.00% -16.04% EMPLOYERS HOLDINGS INC 2,325,000 2,325,000 $17.38 $20.70 $40,409,000 $48,127,000
*****  AUGMENTED POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
30.20% 26.22% 2,199,920 DR PEPPER SNAPPLE GROUP INC 9,484,120 7,284,200 $26.48 $20.98 $251,140,000 $152,822,000
9.15% -22.81% 176,700 ECHOSTAR CORP 2,108,516 1,931,816 $24.10 $31.22 $50,816,000 $60,312,000
3.63% -2.33% 77,700 FIFTH STREET FINANCE CORP 2,218,436 2,140,736 $10.05 $10.29 $22,295,000 $22,028,000
0.86% -36.10% 188,100 HEALTH MGMT ASSOC INC NEW 22,161,942 21,973,842 $4.16 $6.51 $92,194,000 $143,050,000
29.60% -41.69% 2,076,799 HELIX ENERGY SOLUTIONS GRP I 9,093,892 7,017,093 $24.28 $41.64 $220,800,000 $292,192,000
1.23% -17.79% 61,335 MI DEVS INC 5,036,335 4,975,000 $18.49 $22.49 $93,122,000 $111,888,000
80.32% 17.66% 775,711 REPUBLIC AWYS HLDGS INC 1,741,500 965,789 $10.19 $8.66 $17,746,000 $8,364,000
4.25% -15.73% 160,510 TERADATA CORP DEL 3,935,510 3,775,000 $19.50 $23.14 $76,743,000 $87,354,000
*****  REDUCED POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
-83.44% -6.07% -5,507,491 AMERIPRISE FINL INC 1,092,916 6,600,407 $38.20 $40.67 $41,750,000 $268,438,000
-3.58% -41.89% -39,100 ENERGY PARTNERS LTD 1,052,496 1,091,596 $8.67 $14.92 $9,125,000 $16,287,000
-13.91% -26.44% -401,696 GUARANTY FINL GROUP INC 2,486,649 2,888,345 $3.95 $5.37 $9,822,000 $15,510,000
-82.14% -6.32% -3,612,014 M D C HLDGS INC 785,386 4,397,400 $36.59 $39.06 $28,737,000 $171,763,000
-43.78% -51.08% -200,498 MERCER INTL INC 257,447 457,945 $3.66 $7.48 $942,000 $3,425,000
-12.90% -26.53% -2,000,000 MERCER INTL NOTE 8.500%10/1 13,500,000 15,500,000 $0.81 $1.10 $10,935,000 $17,089,000
-48.71% 5.51% -3,410,000 TARGET CORP 3,590,000 7,000,000 $49.05 $46.49 $176,089,000 $325,430,000
-3.90% -0.37% -47,602 TRIPLE-S MGMT CORP 1,173,388 1,220,990 $16.29 $16.35 $19,114,000 $19,963,000
-1.96% -12.63% -49,987 URS CORP NEW 2,502,241 2,552,228 $36.67 $41.97 $91,757,000 $107,117,000