A correction to "Greenlight Capital Cuts Apple Stake, Adds
Hundreds of Millions to Micron and SunEdison Positions," at 17:30
EDT, incorrectly stated that Greenlight Capital had added to its
stake in Apple Inc. during the second quarter. Greenlight Capital
decreased its Apple stake during the quarter. The correct version
follows:
By Rob Copeland
David Einhorn's Greenlight Capital Inc. hedge fund trimmed its
positions in Micron Technology Inc. and Apple Inc., while adding to
its stake in SunEdison Inc. during the second quarter, according to
filings late Thursday.
The semiconductor maker Micron is now Greenlight's biggest long
position at more than $1.3 billion, followed by nearly $900 million
of Apple stock.
Greenlight almost doubled its holdings in SunEdison over the
quarter, ending June with nearly $500 million of shares.
In the quarterly filings, closely watched by some for a
temporary glimpse at Mr. Einhorn's portfolio, Greenlight also
disclosed new stakes in Civeo Corp. and Time Inc., among other
moves.
Greenlight's main fund is up about 3% this year through the end
of July, according to an investor update. A spokesman declined to
comment.
Write to Rob Copeland at rob.copeland@wsj.com
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