David Einhorn Stock Portfolio: Top 10 Stock Picks

9. Kyndryl Holdings, Inc. (NYSE:KD)

Greenlight Capital’s Stake: $101 Million

Kyndryl Holdings, Inc. (NYSE:KD) has constantly featured in the 13F portfolio of Greenlight Capital since the fourth quarter of 2021. Back then, this position comprised 922,000 shares. The fund steadily built up this stake. By the fourth quarter of 2024, this holding had reached over 9 million shares. Thereafter, the fund started trimming the position, reducing it by 5% and 47% in the next two quarters. Filings for the fourth quarter of 2025 show that the fund owned 3.8 million shares in the company, down a little over 12% compared to filings for the previous quarter.

Kyndryl Holdings, Inc. (NYSE:KD) is attracting interest from elite investors who are betting on the ability of the firm to shed low-margin legacy contracts inherited from its IBM spinoff. Since becoming independent, Kyndryl has been replacing no-profit legacy deals with high-margin consulting work. This mix shift has allowed profits to grow even as overall revenue stays relatively flat. Institutions also view Kyndryl as an affordable AI play. Unlike hardware-heavy tech firms, Kyndryl’s value lies in its Kyndryl Bridge platform and Kyndryl Consult arm. Earlier this month, the company launched an AI-native platform designed for autonomous IT workflows. The firm has signed strategic partnerships with Google Cloud, Microsoft Azure, and AWS to modernize mainframes and move legacy systems to the cloud.