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13F Filings For Q1: Einhorn, Klarman, Buffett, Loeb, Ubben, Tepper and More

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Mark Melin
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David Winters of Wintergreen Advisers has thrown in the towel on a Berkshire Hathaway "company" Coca-Cola while David Einhorn has significantly reduced his stake in Apple, 13F filings show.

Winters frustrated with Coke, adds CSX exposure, 13F shows

After fighting a David and Goliath battle against what he said was excessive management compensation and lackluster oversight, Wintergreen cut is holdings from 2,508,827 shares at December 31, 2014 to 788,233 shares as of March 31, 2015.

“Our research highlighted weaknesses in Coca-Cola's strategy that are now routinely cited by brokerage analysts and other investors,” Winters said in a statement emailed to ValueWalk. "But Coca-Cola's entrenched board and, in our view, still-overcompensated management show no signs of stepping aside or taking on...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.