Greenlight buys Alight, exits Southwestern in Q4

David Einhorn’s Greenlight Capital disclosed in an SEC filing its holdings as of December 31, 2023. The fund’s new buys for the fourth quarter included, by size of position, Alight (ALIT), Viatris (VTRS), AerCap (AER), SPDR S&P Aerospace & Defense ETF (XAR), and Invesco Aerospace & Defense ETF (PPA). Greenlight exited four positions during the quarter, including by size of previous position Southwestern Energy (SWN), iShares Silver Trust (SLV), Resideo (REZI), and Advance Auto Parts (AAP). The fund increased its stake in a number of holidngs, including by size of previous position Kyndryl (KD), Tenet (THC), ODP Corp. (ODP), Graphic Packaging (GPK), and DHT Holdings (DHT). Greenlight reduced its stake in four holdings, namely Consol Energy (CEIX), SPDR Gold Shares (GLD), Brighthouse Financial (BHF), and Green Brick (GRBK). The fund’s top holdings as of December 31, in order of size, were Green Brick, Consol, Brighthouse, Kyndryl, and Tenet.