Greenlight’s Recovery Trade Pays Off

A long‑overlooked position in Acadia Healthcare surged in the first quarter, vaulting the stock into Greenlight Capital’s top five holdings.

Stephen Taub April 15, 2026

A stock that has mostly been off the radar of Greenlight Capital was the hedge fund’s biggest winner in the first quarter and has cracked the firm’s top-five holdings for the first time.In its first-quarter client letter, dated April 13 and obtained by Institutional Investor,

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