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Greenlight sells off Intel and Rivian, adds Tenet, Funko

David Einhorn’s Greenlight Capital Inc. cut its stake in Intel Corp. and opened new positions in Tenet Healthcare Corp. and bobblehead maker Funko Inc., among other investment decisions in the fourth quarter, according to a filing late Tuesday. Besides Intel INTC, +0.32%, Greenlight selloffs included EV startup Rivian Automotive Inc. RIVN, +3.01% and News Corp.

greenlight-sells-off-intel-and-rivian,-adds-tenet,-funko

David Einhorn’s Greenlight Capital Inc. cut its stake in Intel Corp. and opened new positions in Tenet Healthcare Corp. and bobblehead maker Funko Inc., among other investment decisions in the fourth quarter, according to a filing late Tuesday.

Besides Intel INTC, +0.32%, Greenlight selloffs included EV startup Rivian Automotive Inc. RIVN, +3.01% and News Corp. NWS, -0.05%, the parent company of MarketWatch.

Newcomers in addition to Tenet THC, +2.96% and Funko FNKO, +0.47% included Chinese video-sharing company Bilibili Inc. BILI, +0.27%.

Greenlight upped its stake in IT company Kyndryl Holdings Inc. KD, +2.06%, among others.

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