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SunEdison Becomes Jim Chanos' Top Holding in Fourth Quarter

Guru Jim Chanos (Trades, Portfolio), president and founder of Kynikos Associates, is known for short selling. While GuruFocus emphasizes long positions, Chanos' fourth-quarter activity offers a glimpse of how malleable the portfolio of a short seller can be.

Chanos bought holdings in 10 companies that are new to his portfolio - SunEdison Inc (SUNE), SPDR S&P Retail [ETF] (XRT), SPDR S&P China [ETF] (GXC), Nordstrom Inc (JWN), United States Oil Fund LP [ETF] (USO), WisdomTree Inter Hedged Eq Fund (HEDJ), Allegiant Travel Co LLC (ALGT), Anheuser-Busch Inbev SA (BUD),Boston Beer Co Inc (SAM) and iShares Russell 2000 Index [ETF] (IWM) - and one of those new stakes became the top holding in his portfolio..

He bought 770,021 shares of SunEdison, a solar energy company based in Missouri, for an average price of $19.07 per share, making it the largest stake in his portfolio. The transaction had a 5.4% impact on that portfolio.

David Einhorn (Trades, Portfolio), Steven Cohen (Trades, Portfolio), Ron Baron (Trades, Portfolio), Daniel Loeb (Trades, Portfolio), George Soros (Trades, Portfolio), Larry Robbins (Trades, Portfolio), Leon Cooperman (Trades, Portfolio), Chuck Royce (Trades, Portfolio), Louis Moore Bacon (Trades, Portfolio) and John Hussman (Trades, Portfolio) have SunEdison in their portfolios. Ken Fisher (Trades, Portfolio) sold his stake in the fourth quarter.

Chanos added to his existing holdings in six companies - Valero Energy Corp (VLO), Apple Inc (AAPL), Lazard Ltd (LAZ), Morgan Stanley (MS), Cloud...