Greenlight Capital: “Green Brick Partners (GRBK), Our Largest Position, Doubled in 2020”
Greenlight Capital, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of -0.1% was reported by the fund for the Q1 of 2021, below its S&P 500 benchmark that had a 6.2% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Greenlight Capital, in their Q1 2021 investor letter, mentioned Green Brick Partners, Inc. (NASDAQ: GRBK) and shared their insights on the company. Green Brick Partners, Inc. is a Plano, Texas-based operative builders operation company that currently has a $1.3 billion market capitalization. Since the beginning of the year, GRBK delivered a 16.77% return, extending its 12-month gains to 242.84%. As of April 16, 2021, the stock closed at $26.81 per share.