Einhorn Trims Apple (AAPL) Holdings, Increases GM, Micron (MU) Stakes

David Einhorn’s Greenlight Capital trimmed his stake in Apple Inc. shares (AAPL) to 7.38 million from 7.44 million in the second-quarter ended June 30th, the firm said in a filing with the U.S. Securities and Exchange Commission Friday. The New York-based firm also reduced its position in IAC/InterActiveCorp (IACI) and Macy’s Inc. (M).

As for new investments, the high-profile hedge fund increased its stake in General Motors (GM) by almost 54% to 14.6 million shares from 9.5 million. Greenlight also bumped up its stake in Micron Technology, Inc. (MU) by more than 10%. The fund, whose equity holdings rose more than 4% to $7.97 billion in the April-June period, now owns around $500 million and $700 million, respectively, of the companies’ shares.

According to the filing, Einhorn’s biggest new long position in the three-month period was in electric utility UIL Holdings (UIL). He now owns more than $200 million of that company’s stock.

A 13F requires investment managers to disclose what they own within 45 days after a quarter ends. Friday’s filing represents Einhorn’s holdings as of June 30.

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