David Einhorn Stock Portfolio: Top 10 Stock Picks

7. Capri Holdings Limited (NYSE:CPRI)

Greenlight Capital’s Stake: $116 Million    

Capri Holdings Limited (NYSE:CPRI) has been a constant feature in the 13F portfolio of Greenlight Capital since the first quarter of 2021, barring a few exceptions in late 2023 and early 2024. Back then, this position comprised just under 200,000 shares. The fund steadily added to this position and grew it to more than 1.6 million shares by the second quarter of 2023 before selling off the position completely. A new stake in the firm was purchased in the second quarter of 2024. This consisted of 684,000 shares. The fund has added to this in four of the next six quarters. Filings for the fourth quarter of 2025 show that the fund owned 4.7 million shares in the company, up 77% compared to filings for the previous quarter.

A major catalyst for institutional interest in Capri Holdings Limited (NYSE:CPRI) stock in recent months has been the completion of the Versace sale in December 2025. The proceeds from the Versace sale allowed Capri to drastically reduce its net debt, estimated at $1.5 billion post-sale. Hedge funds favor this leaner profile, which gives the company more flexibility to weather the current luxury slowdown. Management is now fully focused on a brand health transformation for its remaining core brands. Jimmy Choo, in particular, has shown resilience with 5% sales growth in early 2026, driven by strong full-price sell-through.