In addition, Warren Buffett's Berkshire Hathaway cut its GM stake by 10M shares to 30M. (13F)
While Einhorn sold GM, he bought into Nokia (NOK), establishing a 3.5M-share position ahead of the closing of the sale of its phone unit to Microsoft. Einhorn also started a 1.2M-share position in chip equipment maker Lam Research (LRCX).
Dan Loeb's Third Point LLC, which first bought into Nokia in Q3 last year, maintained a 4.5M-share position in Q1. (13F)
Einhorn wasn't kidding last month when he said he has added to the SunEdison (SUNE) position. Greenlight owned 11.8M shares of the solar project developer at the end of Q1, up from just 1.3M at the end of Q4 and good for a 4%+ stake.