Reported portfolio
David Einhorn
DME Capital Management, LP
Last update 2026-05-15
- Reported portfolio value
- $3,190,735,000
- Current positions
- 45
- Top five concentration
- 41.1%
- Largest position
- 19.1%
- New positions
- 11
- Closed positions
- 7
Reported holdings
52 positions
| Company | Portfolio | Quarterly activity | Shares | Reported price | Reported value | Updated / source |
|---|---|---|---|---|---|---|
GRBK GREEN BRICK PARTNERS INC | 19.12% | Unchanged | 9,467,383 | $64 | $610,173,000+$16,947,000 | 13F2026-03-31 ↗ |
FLR FLUOR CORP | 6.94% | Reduced 14.6% | 4,747,350−808,550 | $47 | $221,464,000+$1,284,000 | 13F2026-03-31 ↗ |
CNR CORE NATURAL RESOURCES INC | 6.10% | Reduced 11.5% | 1,858,140−242,340 | $105 | $194,603,000+$8,690,000 | 13F2026-03-31 ↗ |
BHF BRIGHTHOUSE FINL INC | 5.33% | Added 1.8% | 2,842,100+50,000 | $60 | $170,185,000−$10,715,000 | 13F2026-03-31 ↗ |
PCG PG&E CORP | 3.65% | Reduced 14.8% | 6,632,852−1,151,251 | $18 | $116,539,000−$8,551,000 | 13F2026-03-31 ↗ |
VSNT VERSANT MEDIA GROUP INC | 3.51% | New | 3,028,615+3,028,615 | $37 | $112,119,000+$112,119,000 | 13F2026-03-31 ↗ |
ACHC ACADIA HEALTHCARE COMPANY IN | 3.31% | Added 9.6% | 4,518,381+397,178 | $23 | $105,685,000+$47,205,000 | 13F2026-03-31 ↗ |
VSXY VICTORIAS SECRET AND CO | 3.28% | Added 29.9% | 2,256,889+519,020 | $46 | $104,629,000+$10,489,000 | 13F2026-03-31 ↗ |
DHT DHT HOLDINGS INC | 3.02% | Reduced 28.4% | 5,272,770−2,093,894 | $18 | $96,334,000+$6,387,000 | 13F2026-03-31 ↗ |
PENN PENN ENTERTAINMENT INC | 2.85% | Unchanged | 6,044,440 | $15 | $90,848,000+$1,692,000 | 13F2026-03-31 ↗ |
GPK GRAPHIC PACKAGING HLDG CO | 2.83% | Added 8.1% | 9,099,980+684,870 | $10 | $90,454,000−$36,278,000 | 13F2026-03-31 ↗ |
CNC CENTENE CORP DEL | 2.80% | Added 3.5% | 2,731,810+92,390 | $33 | $89,439,000−$19,173,000 | 13F2026-03-31 ↗ |
TEVA TEVA PHARMACEUTICAL INDS LTD | 2.75% | Reduced 4.8% | 2,910,729−148,005 | $30 | $87,671,000−$7,792,000 | 13F2026-03-31 ↗ |
CPRI CAPRI HOLDINGS LIMITED | 2.72% | Added 3.4% | 4,930,318+162,311 | $18 | $86,872,000−$29,467,000 | 13F2026-03-31 ↗ |
SNX TD SYNNEX CORPORATION | 2.54% | Added 748.9% | 479,530+423,040 | $169 | $80,902,000+$72,415,000 | 13F2026-03-31 ↗ |
BKV BKV CORP | 2.41% | Added 109.3% | 2,695,543+1,407,600 | $29 | $76,877,000+$41,909,000 | 13F2026-03-31 ↗ |
LBTYA LIBERTY GLOBAL LTD | 1.88% | Reduced 0.8% | 4,963,322−41,110 | $12 | $60,007,000+$4,257,000 | 13F2026-03-31 ↗ |
ROIV ROIVANT SCIENCES LTD | 1.87% | Added 4.0% | 2,152,669+83,360 | $28 | $59,629,000+$14,725,000 | 13F2026-03-31 ↗ |
CROX CROCS INC | 1.74% | New | 669,140+669,140 | $83 | $55,552,000+$55,552,000 | 13F2026-03-31 ↗ |
REZI RESIDEO TECHNOLOGIES INC | 1.66% | New | 1,574,950+1,574,950 | $34 | $53,092,000+$53,092,000 | 13F2026-03-31 ↗ |
DECK DECKERS OUTDOOR CORP | 1.51% | Added 61.1% | 481,398+182,620 | $100 | $48,183,000+$17,209,000 | 13F2026-03-31 ↗ |
SPB SPECTRUM BRANDS HOLDINGS INC | 1.50% | Reduced 2.0% | 650,359−13,531 | $74 | $47,931,000+$8,709,000 | 13F2026-03-31 ↗ |
CNH CNH INDL N V | 1.44% | Reduced 27.4% | 4,188,940−1,578,600 | $11 | $46,078,000−$7,098,000 | 13F2026-03-31 ↗ |
SLM SLM CORP | 1.41% | New | 2,101,840+2,101,840 | $21 | $45,000,000+$45,000,000 | 13F2026-03-31 ↗ |
HSIC SCHEIN HENRY INC | 1.38% | Added 27.7% | 599,300+130,050 | $74 | $44,168,000+$8,702,000 | 13F2026-03-31 ↗ |
PTON PELOTON INTERACTIVE INC | 1.36% | Added 4003.7% | 10,113,940+9,867,480 | $4 | $43,389,000+$41,871,000 | 13F2026-03-31 ↗ |
GLD SPDR GOLD TR | 1.34% | Reduced 41.6% | 99,611−70,950 | $430 | $42,862,000−$24,733,000 | 13F2026-03-31 ↗ |
DCH DAUCH CORP | 1.17% | New | 6,311,350+6,311,350 | $6 | $37,426,000+$37,426,000 | 13F2026-03-31 ↗ |
PSKY PARAMOUNT SKYDANCE CORP | 1.11% | New | 3,926,080+3,926,080 | $9 | $35,413,000+$35,413,000 | 13F2026-03-31 ↗ |
AR ANTERO RESOURCES CORP | 1.08% | Reduced 20.3% | 808,520−205,550 | $42 | $34,314,000−$631,000 | 13F2026-03-31 ↗ |
SLDE SLIDE INS HLDGS INC | 0.95% | Added 46.7% | 1,686,630+536,750 | $18 | $30,359,000+$7,960,000 | 13F2026-03-31 ↗ |
SHC SOTERA HEALTH CO | 0.93% | Added 347.8% | 2,065,680+1,604,410 | $14 | $29,622,000+$21,485,000 | 13F2026-03-31 ↗ |
STUB STUBHUB HLDGS INC | 0.83% | New | 4,233,200+4,233,200 | $6 | $26,415,000+$26,415,000 | 13F2026-03-31 ↗ |
VTRS VIATRIS INC | 0.77% | New | 1,817,570+1,817,570 | $14 | $24,555,000+$24,555,000 | 13F2026-03-31 ↗ |
CI THE CIGNA GROUP | 0.74% | Reduced 5.7% | 88,400−5,350 | $267 | $23,581,000−$2,222,000 | 13F2026-03-31 ↗ |
TRIP TRIPADVISOR INC | 0.52% | New | 1,564,696+1,564,696 | $11 | $16,680,000+$16,680,000 | 13F2026-03-31 ↗ |
LKFT GALAPAGOS NV | 0.45% | Unchanged | 482,746 | $30 | $14,482,000−$1,303,000 | 13F2026-03-31 ↗ |
WFRD WEATHERFORD INTL PLC | 0.43% | Reduced 80.4% | 145,721−597,899 | $95 | $13,782,000−$44,413,000 | 13F2026-03-31 ↗ |
ZIM ZIM INTEGRATED SHIPPING SERV | 0.29% | New | 354,526+354,526 | $26 | $9,342,000+$9,342,000 | 13F2026-03-31 ↗ |
COYA COYA THERAPEUTICS INC | 0.29% | Added 15.3% | 2,335,540+309,600 | $4 | $9,202,000−$2,548,000 | 13F2026-03-31 ↗ |
IMVT IMMUNOVANT INC | 0.07% | New | 93,520+93,520 | $25 | $2,323,000+$2,323,000 | 13F2026-03-31 ↗ |
GPRO GOPRO INC | 0.04% | Unchanged | 1,693,860 | $1 | $1,304,000−$1,084,000 | 13F2026-03-31 ↗ |
GANX GAIN THERAPEUTICS INC | 0.03% | Unchanged | 566,130 | $2 | $1,098,000−$725,000 | 13F2026-03-31 ↗ |
NUVB NUVATION BIO INC | 0.00% | Unchanged | 34,995 | $4 | $150,000−$163,000 | 13F2026-03-31 ↗ |
KPLTW KATAPULT HOLDINGS INC | 0.00% | Unchanged | 262,227 | $0 | $603−$341 | 13F2026-03-31 ↗ |
KD KYNDRYL HLDGS INC | 0.00% | Exited | 0−3,816,353 | $27 | $0−$101,362,000 | 13F2026-03-31 ↗ |
WBD WARNER BROS DISCOVERY INC | 0.00% | Exited | 0−1,533,080 | $29 | $0−$44,183,000 | 13F2026-03-31 ↗ |
GPN GLOBAL PMTS INC | 0.00% | Exited | 0−452,730 | $77 | $0−$35,041,000 | 13F2026-03-31 ↗ |
PRKS UNITED PARKS & RESORTS INC | 0.00% | Exited | 0−574,620 | $36 | $0−$20,859,000 | 13F2026-03-31 ↗ |
GDX VANECK ETF TRUST | 0.00% | Exited | 0−64,960 | $86 | $0−$5,572,000 | 13F2026-03-31 ↗ |
KWEB KRANESHARES TRUST | 0.00% | Exited | 0−131,510 | $34 | $0−$4,478,000 | 13F2026-03-31 ↗ |
NUVB/WS NUVATION BIO INC | 0.00% | Exited | 0−100,000 | $0 | $0−$33,000 | 13F2026-03-31 ↗ |
Reported price is calculated from the reported value and share count. It is not the investor's actual purchase price.
Filing history
Historical holdings
| Ticker | Company | Portfolio | Shares | Reported value |
|---|---|---|---|---|
| GRBK | GREEN BRICK PARTNERS INC | 19.12% | 9,467,383 | $610,173,000 |
| FLR | FLUOR CORP | 6.94% | 4,747,350 | $221,464,000 |
| CNR | CORE NATURAL RESOURCES INC | 6.10% | 1,858,140 | $194,603,000 |
| BHF | BRIGHTHOUSE FINL INC | 5.33% | 2,842,100 | $170,185,000 |
| PCG | PG&E CORP | 3.65% | 6,632,852 | $116,539,000 |
| VSNT | VERSANT MEDIA GROUP INC | 3.51% | 3,028,615 | $112,119,000 |
| ACHC | ACADIA HEALTHCARE COMPANY IN | 3.31% | 4,518,381 | $105,685,000 |
| VSXY | VICTORIAS SECRET AND CO | 3.28% | 2,256,889 | $104,629,000 |
| DHT | DHT HOLDINGS INC | 3.02% | 5,272,770 | $96,334,000 |
| PENN | PENN ENTERTAINMENT INC | 2.85% | 6,044,440 | $90,848,000 |
| GPK | GRAPHIC PACKAGING HLDG CO | 2.83% | 9,099,980 | $90,454,000 |
| CNC | CENTENE CORP DEL | 2.80% | 2,731,810 | $89,439,000 |
| TEVA | TEVA PHARMACEUTICAL INDS LTD | 2.75% | 2,910,729 | $87,671,000 |
| CPRI | CAPRI HOLDINGS LIMITED | 2.72% | 4,930,318 | $86,872,000 |
| SNX | TD SYNNEX CORPORATION | 2.54% | 479,530 | $80,902,000 |
| BKV | BKV CORP | 2.41% | 2,695,543 | $76,877,000 |
| LBTYA | LIBERTY GLOBAL LTD | 1.88% | 4,963,322 | $60,007,000 |
| ROIV | ROIVANT SCIENCES LTD | 1.87% | 2,152,669 | $59,629,000 |
| CROX | CROCS INC | 1.74% | 669,140 | $55,552,000 |
| REZI | RESIDEO TECHNOLOGIES INC | 1.66% | 1,574,950 | $53,092,000 |
| DECK | DECKERS OUTDOOR CORP | 1.51% | 481,398 | $48,183,000 |
| SPB | SPECTRUM BRANDS HOLDINGS INC | 1.50% | 650,359 | $47,931,000 |
| CNH | CNH INDL N V | 1.44% | 4,188,940 | $46,078,000 |
| SLM | SLM CORP | 1.41% | 2,101,840 | $45,000,000 |
| HSIC | SCHEIN HENRY INC | 1.38% | 599,300 | $44,168,000 |
| PTON | PELOTON INTERACTIVE INC | 1.36% | 10,113,940 | $43,389,000 |
| GLD | SPDR GOLD TR | 1.34% | 99,611 | $42,862,000 |
| DCH | DAUCH CORP | 1.17% | 6,311,350 | $37,426,000 |
| PSKY | PARAMOUNT SKYDANCE CORP | 1.11% | 3,926,080 | $35,413,000 |
| AR | ANTERO RESOURCES CORP | 1.08% | 808,520 | $34,314,000 |
| SLDE | SLIDE INS HLDGS INC | 0.95% | 1,686,630 | $30,359,000 |
| SHC | SOTERA HEALTH CO | 0.93% | 2,065,680 | $29,622,000 |
| STUB | STUBHUB HLDGS INC | 0.83% | 4,233,200 | $26,415,000 |
| VTRS | VIATRIS INC | 0.77% | 1,817,570 | $24,555,000 |
| CI | THE CIGNA GROUP | 0.74% | 88,400 | $23,581,000 |
| TRIP | TRIPADVISOR INC | 0.52% | 1,564,696 | $16,680,000 |
| LKFT | GALAPAGOS NV | 0.45% | 482,746 | $14,482,000 |
| WFRD | WEATHERFORD INTL PLC | 0.43% | 145,721 | $13,782,000 |
| ZIM | ZIM INTEGRATED SHIPPING SERV | 0.29% | 354,526 | $9,342,000 |
| COYA | COYA THERAPEUTICS INC | 0.29% | 2,335,540 | $9,202,000 |
| IMVT | IMMUNOVANT INC | 0.07% | 93,520 | $2,323,000 |
| GPRO | GOPRO INC | 0.04% | 1,693,860 | $1,304,000 |
| GANX | GAIN THERAPEUTICS INC | 0.03% | 566,130 | $1,098,000 |
| NUVB | NUVATION BIO INC | 0.00% | 34,995 | $150,000 |
| KPLTW | KATAPULT HOLDINGS INC | 0.00% | 262,227 | $603 |
| Ticker | Company | Portfolio | Shares | Reported value |
|---|---|---|---|---|
| GRBK | GREEN BRICK PARTNERS INC | 20.82% | 9,467,383 | $593,226,000 |
| FLR | FLUOR CORP NEW | 7.73% | 5,555,900 | $220,180,000 |
| CNR | CORE NATURAL RESOURCES INC | 6.52% | 2,100,480 | $185,913,000 |
| BHF | BRIGHTHOUSE FINL INC | 6.35% | 2,792,100 | $180,900,000 |
| GPK | GRAPHIC PACKAGING HLDG CO | 4.45% | 8,415,110 | $126,732,000 |
| PCG | PG&E CORP | 4.39% | 7,784,103 | $125,091,000 |
| CPRI | CAPRI HOLDINGS LIMITED | 4.08% | 4,768,007 | $116,339,000 |
| CNC | CENTENE CORP DEL | 3.81% | 2,639,420 | $108,612,000 |
| KD | KYNDRYL HLDGS INC | 3.56% | 3,816,353 | $101,362,000 |
| TEVA | TEVA PHARMACEUTICAL INDS LTD | 3.35% | 3,058,734 | $95,463,000 |
| VSXY | VICTORIAS SECRET AND CO | 3.30% | 1,737,869 | $94,140,000 |
| DHT | DHT HOLDINGS INC | 3.16% | 7,366,664 | $89,947,000 |
| PENN | PENN ENTERTAINMENT INC | 3.13% | 6,044,440 | $89,155,000 |
| GLD | SPDR GOLD TR | 2.37% | 170,561 | $67,595,000 |
| ACHC | ACADIA HEALTHCARE COMPANY IN | 2.05% | 4,121,203 | $58,480,000 |
| WFRD | WEATHERFORD INTL PLC | 2.04% | 743,620 | $58,196,000 |
| LBTYA | LIBERTY GLOBAL LTD | 1.96% | 5,004,432 | $55,749,000 |
| CNH | CNH INDL N V | 1.87% | 5,767,540 | $53,177,000 |
| ROIV | ROIVANT SCIENCES LTD | 1.58% | 2,069,309 | $44,904,000 |
| WBD | WARNER BROS DISCOVERY INC | 1.55% | 1,533,080 | $44,183,000 |
| SPB | SPECTRUM BRANDS HLDGS INC NE | 1.38% | 663,890 | $39,223,000 |
| HSIC | HENRY SCHEIN INC | 1.24% | 469,250 | $35,466,000 |
| GPN | GLOBAL PMTS INC | 1.23% | 452,730 | $35,041,000 |
| BKV | BKV CORP | 1.23% | 1,287,943 | $34,968,000 |
| AR | ANTERO RESOURCES CORP | 1.23% | 1,014,070 | $34,945,000 |
| DECK | DECKERS OUTDOOR CORP | 1.09% | 298,778 | $30,974,000 |
| CI | THE CIGNA GROUP | 0.91% | 93,750 | $25,803,000 |
| SLDE | SLIDE INS HLDGS INC | 0.79% | 1,149,880 | $22,400,000 |
| PRKS | UNITED PARKS & RESORTS INC | 0.73% | 574,620 | $20,859,000 |
| LKFT | GALAPAGOS NV | 0.55% | 482,746 | $15,786,000 |
| COYA | COYA THERAPEUTICS INC | 0.41% | 2,025,940 | $11,750,000 |
| SNX | TD SYNNEX CORPORATION | 0.30% | 56,490 | $8,486,000 |
| SHC | SOTERA HEALTH CO | 0.29% | 461,270 | $8,137,000 |
| GDX | VANECK ETF TRUST | 0.20% | 64,960 | $5,572,000 |
| KWEB | KRANESHARES TRUST | 0.16% | 131,510 | $4,478,000 |
| GPRO | GOPRO INC | 0.08% | 1,693,860 | $2,388,000 |
| GANX | GAIN THERAPEUTICS INC | 0.06% | 566,130 | $1,823,000 |
| PTON | PELOTON INTERACTIVE INC | 0.05% | 246,460 | $1,518,000 |
| NUVB | NUVATION BIO INC | 0.01% | 34,995 | $314,000 |
| NUVB/WS | NUVATION BIO INC | 0.00% | 100,000 | $33,000 |
| KPLTW | KATAPULT HOLDINGS INC | 0.00% | 262,227 | $944 |
Investor background
David Einhorn
“The idea is to preserve capital on an investment-by-investment basis.”
David Einhorn is the co-founder and president of Greenlight Capital, a value-oriented investment firm established in January 1996 with less than $1 million of initial capital. After graduating summa cum laude from Cornell University, he worked at Donaldson, Lufkin & Jenrette and Siegler, Collery & Co. before launching Greenlight.
Greenlight combines undervalued long positions, fundamentally driven short positions and occasional macro or derivative exposures. Einhorn attempts to structure each idea asymmetrically: capital should be reasonably protected if the analysis is wrong, while substantial upside should remain if the thesis proves correct.
His principal edge is forensic fundamental research. Einhorn studies accounting choices, cash flows, asset valuations, incentives and inconsistencies between management narratives and financial statements. His investigations of Allied Capital and Lehman Brothers established his reputation as an investor willing to defend unpopular conclusions with detailed evidence.
According to Greenlight’s publicly reproduced 2025 investor letter, the partnerships compounded at 12.7% annually net of fees from May 1996 through 2025, compared with 10.2% for the S&P 500. Einhorn qualifies as a super investor because of his full-cycle record, independent research, willingness to challenge financial reporting and unusually observable investment theses. His failures are material, but they make the record more testable rather than invalidating it.