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David Einhorn's Greenlight Capital exited its entire VSXY position, 3.28% of the portfolio.

Sold out of a position that was 2,256,889 shares worth $104.63M as of the previous filing.
Published · Based on SEC filings

Medium impact
Position exited
2026 Q2

David Einhorn's Greenlight Capital exited Victoria's Secret & Co (VSXY) during 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026, selling all 2.26M shares. The position had been worth about $104.6M at the prior quarter-end and carried 3.28% of the book. VSXY had been in the portfolio for 1 year, since the quarter ended June 30, 2025.

What did the 2026 Q2 filing report for VSXY?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 2.26M 0
Reported value $104.6M $0
Portfolio weight 3.28% 0%
Held since 2025 Q2 sold out in 2026 Q2
Quarters held 4

What did David Einhorn sell?

David Einhorn sold 2.26M shares of VSXY between the quarter ended March 31, 2026 and June 30, 2026. The VSXY exit was the largest of the quarter's 35 position changes by percent change to portfolio.

Where does VSXY sit in the David Einhorn portfolio?

Before the sale, VSXY carried 3.28% of the David Einhorn portfolio, above the fund's average stock position of 2%. The largest stock position is GRBK at 19.39%. Next come FLR at 6.24% and CNR at 4.67%. The three largest stocks together are 30.3% of the book. Across the 2026 Q2 portfolio, David Einhorn reported 46 stock positions, with 7 opened and 6 closed. The total portfolio value is about $3.9B, up 23% from the prior quarter.

David Einhorn buys and sells, 2026 Q2

How long has David Einhorn held VSXY?

David Einhorn held VSXY for 1 year, from the quarter ended June 30, 2025 to March 31, 2026. The fund sold out of the name in 2023 Q1 and came back in 2025 Q2. The weight peaked at 3.3% in 2025 Q4. Last quarter the fund had added to the position by 30%. Every reported trade is on the David Einhorn VSXY trade history page.

David Einhorn shares of VSXY by quarter

FAQ

How many VSXY shares did David Einhorn sell?

David Einhorn sold all 2.26M shares of VSXY it reported a quarter earlier, worth about $104.6M.

When did David Einhorn first buy VSXY?

David Einhorn first reported VSXY in the quarter ended September 30, 2021.

How much of the David Einhorn portfolio was VSXY?

VSXY was 3.28% of the David Einhorn portfolio at the prior quarter-end, and 0% after the sale.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst