Business Context and Reporting Period
Company: GREENLIGHT CAPITAL RE, LTD.
Filing Type: Form 8-K (Current Report)
Date of Report: July 16, 2010
Event Date: June 30, 2010
Context: The registrant is updating a previous disclosure regarding its largest disclosed long positions in its investment portfolio.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on portfolio composition updates.
Material Changes
The registrant updated its list of largest disclosed long positions as of June 30, 2010. The previous disclosure listed Arkema, CIT Group, gold, Pfizer, and Vodafone Group. The updated list now includes Ensco as one of the largest positions.
- Updated Largest Long Positions: Arkema, CIT Group, Ensco, gold, Pfizer, and Vodafone Group.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It serves solely as a correction/update to portfolio holdings information previously furnished on the company's website.
Investor Verification Checklist
- Verify the current market price and performance of the newly disclosed position, Ensco.
- Confirm the total portfolio weightings of the listed top six positions (Arkema, CIT Group, Ensco, gold, Pfizer, Vodafone Group) to assess concentration risk.
- Review the company's website (www.greenlightre.ky) for the original June 30, 2010 disclosure to compare the specific timing of the update.