Einhorn's Greenlight Mentions Caterpillar (CAT) Short in Q4 Letter; Doesn't See Disney (DIS) Buying Netflix (NFLX)
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(Updated - January 17, 2017 11:32 AM EST)
David Einhorn's Greenlight has a short position in Caterpillar (NYSE: CAT), according to the hedge fund's Q4 letter to investors.
Greenlight also invested in a mid-sized European financial company that wasn't identified and exited longs in AECOM Technology (NYSE: ACM), Michael Kors (NYSE: KORS), and Take-Two Interactive Software (NASDAQ: TTWO).
Shorts in Mead Johnson (NYSE: MJN) and Reynolds American (NYSE: RAI) were covered.
Einhorn doesn't think Disney (NYSE: DIS) will buy Neflix (NASDAQ: NFLX) and Netflix merits a spot in the 'bubble basket."
The firm is also short oil frackers.
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