Top funds
No. 11 this year · Hedge fund · New York

Greenlight

Run by David Einhorn since 1996. Buys cheap, unloved companies it thinks are worth more, and bets against stocks it thinks are overhyped.
If you’d given them $1,000 on January 1, by June 30 you’d have
$1,019
1.9% in 2026, through Jun 30
The rose 9.6% over the same months (not counting dividends, the cash some companies pay their owners).

Their record

In 2025:
$1,000
$1,090
(+9.0%)
The S&P 500 rose 16.4% in 2025 (not counting dividends, the cash some companies pay their owners).
S&P 500 data: S&P Dow Jones Indices LLC, via FRED.

What they own

Biggest bets first. The % is how much of their stock money is in that company. Tap a stock to open its page.
Already owned
Added lately
Sold lately
A full bar is 20% of their money.

Just bought

18
Between April and June, compared with the report before.

Sold

15
Dollar amounts use the price on Jun 30, 2026, or on Mar 31, 2026 for stocks they sold completely.

Year by year

Each calendar year’s result, after fees, for Greenlight Capital. 1996–2003 come from David Einhorn’s own book, later years from Greenlight’s year-end letters and news reports. Until 2011 the figures are Greenlight Capital, L.P.; from 2012 the firm’s combined figure for all its funds. 2009 is left blank because the only exact figure found is for a different Greenlight fund.
From May 1, 1996 to Dec 31, 2025, $1,000 became $35,060: 12.7% a year on average, after fees. Up in 22 of the 25 years shown, down in 3.
No figures found for 2004–2007 and 2009–2010.
2026 · Jan 1 – Jun 30
+1.9%
2025
+9.0%
2024
+7.2%
2023
+22.1%
2022
+36.6%
2021
about +11.9%
2020
+5.2%
2019
+13.8%
2018
−34.2%
2017
+1.6%

Where their money goes

Each square is $1 of every $100 they have in stocks.

Who invests with them

From Form ADV, the form investment firms file with the SEC about their clients, their money and their staff.
About 576 investors
Almost all in its 4 private funds.
$4.80 billion it manages
All the money it invests for its clients, by its own count.
29 people work there
11 of them pick investments.
$250,000 minimum to join
For Greenlight Capital Offshore Ltd., its biggest fund. Its managers and staff own 3% of it.

Its funds

Greenlight Capital Offshore Ltd.
About 193 investors
$1.13 billion
Greenlight Capital LP
About 267 investors
$1.03 billion
Greenlight Domestic Holding, LP
About 82 investors
$338 million
GCOM Offshore Holding, Ltd.
About 33 investors
$35 million
  • Investor counts are approximate, and someone in two of its funds counts twice.
From the Form ADV filed by DME Capital Management, LP on May 1, 2026.

At a glance

Money they have in stocks
$3.91 billion
$3,908,853,490
Stocks they own
46
Their 5 biggest bets
38% of their money
Holdings as of
Jun 30, 2026
Reported on
Aug 14, 2026
Run by
David Einhorn
Based in
New York
Investing since
1996
The original report
SEC.gov ↗︎

Good to know

  • It also bets against many stocks. Those bets don’t appear in these reports.
Holdings as of Jun 30, 2026, from Greenlight’s Form 13F, filed Aug 14, 2026.
Not investment advice. For information and education only. Holdings: SEC Form 13F filings and the funds’ own letters. Returns: as reported by the funds or the press, linked at each number. Investors and money managed: the managers’ Form ADV filings with the SEC. Not affiliated with the SEC or any fund.