Greenlight Re Down 0.1% In April, Maintaining on Gold

Greenlight Capital Re, Ltd. (NASDAQ:GLRE), David Einhorn's reinsurer, was almost flat in last month, returning -0.1 percent in April. Greenlight was up 5.8 percent in Q1. The latest information from the fund reports that the portfolio is 111 percent long and 75 percent short. The allocations in longs is slightly up since January, however the short portfolio still carries the same weight. David Einhorn's net short exposure is significantly higher than many other competing funds.

Greenlight Re Positions

At the end of April, Greenlight Capital Re, Ltd. (NASDAQ:GLRE) still has Apple Inc. (NASDAQ:AAPL) as its...