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.