Versant Media, Crocs, SLM new positions for Einhorn’s Greenlight

In Greenlight Capital’s quarterly letter to investors published on April 13, the fund reported that during the quarter it initiated a “medium-sized new position” in Versant Media Group (VSNT), the recent spin-off from Comcast (CMCSA), and “small” new positions in Crocs (CROX) and SLM Corp. (SLM). The hedge fund founded by David Einhorn also disclosed that it had exited Kyndryl (KD), Global Payments (GPN) and Warner Bros. Discovery (WBD). At quarter-end, the largest disclosed long positions in the Partnerships were Acadia Healthcare (ACHC), Brighthouse Financial (BHF), Core Natural Resources (CNR), Fluor (FLR) and Green Brick Partners (GRBK), the letter noted.