Einhorn's hedge fund adds new positions in Micron and BP -letter
BOSTON, Jan 22 (Reuters) - Hedge fund manager David Einhorn, whose Greenlight Capital ranked among last year's best performers, said he had taken new stakes in BP Plc (LSE: BP.L - news) , Anadarko Petroleum Corp and Micron Technology Inc (NasdaqGS: MU - news) .
The fund returned 19.5 percent last year. Einhorn said bets on iPad and iPhone maker Apple Inc (NasdaqGS: AAPL - news) , General Motors Co , the Japanese yen and Micron had boosted returns, while Chipotle Mexican Grill Inc (NYSE: CMG - news) and U.S. Steel Corp hurt.
Einhorn detailed the moves in an investment letter obtained by Reuters.