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Einhorn closes several positions, including short JC Penney, in quarter

In its quarterly letter to investors, David Einhorn's Greenlight Capital announced that its funds closed a large number of positions during the quarter. Among the most notable short positions closed out were Aruba Networks (ARUN), Dick's Sporting Goods (DKS), and J.C. Penney (JCP). Among the notable long positions closed out were Microsoft (MSFT), Sprint (S), CBS (CBS), Republic Airways (RJET) and Seagate Technologies (STX). Greenlight also added a "medium-sized" long position in ING U.S. (VOYA).