What The Heck Is CareFusion?

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Greenlight Capital, the $6 billion hedge fund run by David Einhorn, made CareFusion its second-largest US equity holding last quarter.

What is CareFusion?

Carefusion is a company that focuses on patient care. Recently it launched a “knowledge portal” to distribute patient information and a couple of weeks ago there was a statement released that CFN was launching a line of minimally invasive gynecoligical instruments.

Greenlight did not change much else in its portfolio. What seems to be most notable is that they increased their holdings in a few other health-related companies: HealthNet (Dan Loeb’s Third Point also upped their HNT shares) and Cardinal Health. Greenlight’s largest stake is in another medical company, Pfizer.

Marketfolly has the full report here.

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