---
title: 13F Q2 2021 - What changed for Greenlight, Baupost and Icahn
description: Form 13F Highlights of Q2 2021, with focus on hedge funds of Greenlight Capital, Icahn C Capital and Baupost Group
---
[Radient Blog](https://info.radientanalytics.com/blog)
# [13F Q2 2021 - What changed for Greenlight, Baupost and Icahn](https://info.radientanalytics.com/blog/form-13f-second-quarter-highlights)
Written by [Jasmeet Sodhi](https://info.radientanalytics.com/blog/author/jasmeet-sodhi) | August 27, 2021 at 10:08 AM
[13F](https://radientanalytics.com/form13fhome/) season has just ended! [RADiENT](https://radientanalytics.com/form13fhome/) has aggregated 13F filings across 4889 filers, with [Vanguard Group Inc](https://radientanalytics.com/form13ffirm/?id=225) being the largest filer ($4T).
In this blog, we explore the buys, sells and sectoral preferences of some of the most popular hedge fund managers
General trends on RADiENT show that:
\-[Geode Capital Management](https://radientanalytics.com/form13ffirm/?id=2581) continues to be the largest hedge fund filer for Q2 2021.
\-[MSFT](https://radientanalytics.com/form13fsecurity/?id=6138) is the top holding by value across all funds. RADiENT data shows that 276 hedge funds hold this security.
\-[Alibaba](https://radientanalytics.com/form13fsecurity/?id=300) faced a brutal quarter after China’s regulatory crackdown. 377 13F filers reduced their holdings in this security.
-Warren Buffet continues accumulating [Kroger](https://radientanalytics.com/form13fsecurity/?id=5512) Shares while selling investments in the healthcare space.
Using Form [13F](https://radientanalytics.com/form13fhome/) data on [RADiENT](https://radientanalytics.com/form13fhome/), we have compiled a comparative review of three popular hedge fund managers with AUM ranging from $1.6B to $24B ( all the data is as of 30th June 2021).
[GreenLight Capital](https://radientanalytics.com/form13ffirm/?id=155)
[13F](https://radientanalytics.com/form13ffirm/?id=155) data shows that David Einhorn’s [Greenlight Capital’s](https://radientanalytics.com/form13ffirm/?id=155) top 10 holdings contribute to nearly 71% of the total market value of holdings. This fund’s largest holding is [Green Brick Partner Inc](https://radientanalytics.com/analysis/12193%7Ce). This security is valued at $396M in the latest portfolio and represents 24.8% of Einhorn’s total holdings.
[Teck Resources](https://radientanalytics.com/form13fsecurity/?id=9055) was the largest addition of the fund this quarter and represents 5.85% of the portfolio, valued at $93M. The portfolio structure shows that Einhorn is currently inclined towards investing in capital goods, technology and financials.
The fund completely sold out its holdings in [ADT Inc](https://radientanalytics.com/form13fsecurity/?id=143), [FSRX](https://radientanalytics.com/) and [ALIT](https://radientanalytics.com/).
[Baupost Group](https://radientanalytics.com/form13ffirm/?id=169)
Seth Klarman’s [Baupost Group’s](https://radientanalytics.com/form13ffirm/?id=169) top bought securities are [SJR](https://radientanalytics.com/form13fsecurity/?id=8348) at $218M, [FB](https://radientanalytics.com/form13fsecurity/?id=3291) at $537M and [Micron Tech](https://radientanalytics.com/form13fsecurity/?id=6133) at $608M. The top 10 holdings contribute to ~68% of the fund's total market value. Baupost saw a reduction of 1.8% in its AUM since its last 13F filing. Klarman's portfolio currently shows a preference for technology and consumer services.
RADiENT data shows that the change in market value due to movement in price is nearly (220%), whereas the change in market value due to trading activity is +320.1%. Baupost increased its holding in [Micron](https://radientanalytics.com/form13fsecurity/?id=6133) by 32% and [Theravance Biopharma](https://radientanalytics.com/form13fsecurity/?id=9169) by 13.5%, and both securities fell by (14%) and (43%) respectively, in August. Theravance has been losing ground ever since the phase 2 trial for an oral drug failed to meet its primary endpoint.
Nearly 20% of the fund’s portfolio is allocated to LBTYK (Liberty Global PLC) valued at $1.4B, and [Intel](https://radientanalytics.com/form13fsecurity/?id=4709) at $1.2B. Interestingly, Baupost has been trimming its holdings in Intel this quarter. The fund completely exited 6 securities – FOXA, FOX, PEAK, DBRG, JOBY and FNF.
[Icahn C Capital](https://radientanalytics.com/form13ffirm/?id=2425)
****
Carl Icahn’s [hedge fund](https://radientanalytics.com/form13ffirm/?id=2425) has a total AUM of ~$24.9B and witnessed a growth of 1.8% in market value from the last quarter. The fund is highly concentrated, and its top 10 holdings contribute to 92.6% of the fund’s total market value. The fund increased its holdings in the [Icahn Enterprises](https://radientanalytics.com/form13fsecurity/?id=4521), which now represent 53.8% of the portfolio.
The fund is heavily focused on industrials(57.9%) and energy (18.15%).
Occidental Pete Corp ([OXY)](https://radientanalytics.com/form13fsecurity/?id=6774) is the second-largest security held by this fund at a value of $1.4B, nearly 6% of the portfolio. However, the fund sold out of [OXY](https://radientanalytics.com/form13fsecurity/?id=6774) shares worth $1.5B and reduced its allocation to the stock by 43% from the last filing. Other large exits include [Herbalife](https://radientanalytics.com/form13fsecurity/?id=4355) and [Tenneco Inc](https://radientanalytics.com/form13fsecurity/?id=9109).
You can easily analyze more 13F Filings via RADiENT! To know more, sign up or reach out to us at [support@radientanalytics.com](mailto:support@radientanalytics.com)
[View full post](https://info.radientanalytics.com/blog/form-13f-second-quarter-highlights)
```json
{
"@context" : "http://schema.org",
"@type" : "BlogPosting",
"author" : {
"@type" : "Person",
"name" : "Jasmeet Sodhi"
},
"dateModified" : "2026-10-15T13:35:30.341Z",
"datePublished" : "2021-08-27T10:08:22Z",
"headline" : "13F Q2 2021 - What changed for Greenlight, Baupost and Icahn",
"image" : {
"@type" : "ImageObject",
"height" : 400,
"url" : "https://f.hubspotusercontent20.net/hubfs/4383922/portfolios.jpg",
"width" : 728
},
"mainEntityOfPage" : "https://info.radientanalytics.com/blog/form-13f-second-quarter-highlights",
"publisher" : {
"@type" : "Organization",
"logo" : {
"@type" : "ImageObject",
"height" : 60,
"url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
"width" : 60
},
"name" : "Radient Blog"
}
}
```