13D Filing: Greenlight Capital Reiterates Bullish Stance on Sunedison, Inc. (SUNE)

Published on January 26, 2016 at 10:04 am by Meena Krishnamsetty in Hedge Funds,News

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According to a newly-filed 13D filing with the Securities and Exchange Commission, billionaire David Einhorn‘s Greenlight Capital increased its stake in Sunedison Inc (NYSE:SUNE). The filing showed that Greenlight holds 27.15 million shares of Sunedison, up from 18.61 million shares it disclosed in its last 13F filing. The stake is activist by nature and amasses 6.8% of Sunedison’s outstanding common stock.

See what Greenlight said about Sunedison in its third-quarter investor letter.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name	Shared Voting Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
Greenlight Capital, Inc.	15,807,651	15,807,651	15,807,651	4.0%
DME Advisors, LP	3,910,744	3,910,744	3,910,744	1.0%
DME Capital Management, LP	7,223,781	7,223,781	7,223,781	1.8%
DME Advisors GP, LLC	11,134,525	11,134,525	11,134,525	2.8%
David Einhorn	27,151,576	27,151,576	27,151,576	6.8%

David Einhorn

Greenlight Capital

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Page 1 of 18 SEC Filing

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

SunEdison, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

86732Y109

(CUSIP Number)

Greenlight Capital, Inc.

140 East 45^th Street, Floor 24

New York, New York 10017

Telephone: (212) 973-1900

Attention: Chief Operating Officer

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

Copy to:

Steven Gartner, Esq.

Tariq Mundiya, Esq.

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, NY 10019−6099

(212) 728−8000

January 15, 2016

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.☑

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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