Along the way, I believe Biden could become one of the most powerful Presidents in history. Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio @burrytracker. GME Stock Split in 2023 [Things You Need to Know], Shopify Stock Split in 2023 [Everything You Need to Know], Publix Stock Split in 2023 [Things You Need to Know], LILAK - Liberty Latin America Ltd Com Cl C. However, they were still rated AAA (Investment grade) by many credit Agencies! In this article, we discuss 13 stocks that Michael Burry is buying and selling. Market cap divided by the revenue in the most recent year. Is Alibaba Stock a Buy After Q4 Earnings? Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks, Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. A higher ratio indicates a higher risk. The fund returned about a 4.17% return in the quarter which was well below the market performance in Q4 2022 (S&P 500 index rose about 7%). Uniti Group Inc. is a real estate investment trust, headquartered in America. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. In his research note titled "Aerospace & Defense 2023 Outlook - We Favor Defense and Aero Aftermarket," he recommends a cautious approach due to the challenges that impacted the sector in 2022, which are expected to continue in 2023, including the possibility of a recession, ongoing supply chain pressures, and uncertainties regarding COVID recovery. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. It indicates the company's profitability. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. He also scooped up 75,000 American Depositary Receipts (ADR) of JD.com, worth $4.2 million at the end of last year. All theaters are overcrowded and the only way anyone can get out is by trampling each other. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. To navigate the uncertain equity market in 2023, some of the stocks that Big Short Michael Burry is buying include Black Knight, Inc. (NYSE: According to Insider Monkeys Q3 data, 68 hedge funds were long Charter Communications, Inc. (NASDAQ:CHTR), and. Bob Peck and Andy Raab's FPR Partners held the biggest position in the company, with 21.8 million shares worth $44 million. Read the original article on Business Insider. The five defense stocks in FIDU account for slightly less than 13% of the $728 million in net assets. According to Insider Monkeys data, 14 hedge funds held stakes worth $58.4 million in Liberty Latin America Ltd. (NASDAQ:LILA) at the end of September 2022, compared to 20 funds in the prior quarter worth $77.4 million. Here is what the firm said: We exclude our The Kraft Heinz Company (NASDAQ:KHC) holding 325,442,152 shares (In the list of 15 common stock investments that at yearend were our largest in market value) because Berkshire is part of a control group and therefore must account for that investment using the equity method. Most recent portfolio value is calculated to be $ 46,536,925 USD. The 51-year-old Scion Asset Management founder Burry, immortalized in the 2015 movie "The Big Short," has become a trusted financial prognosticator ever since he boldly bet against the housing . The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. This decision was made following the impressive Q4 gaming and revenue per available room metrics for the Las Vegas strip, as well as positive reports from competitors in recent weeks. Congrats to all those Autopilot'ing the Burry Portfolio, you should be up on this position too . Discovery Inc. is a massive multinational media chain originating from America. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. However, despite many misconceptions he is currently not a Billionaire officially yet. If you want to see more stocks in this selection, check out, He bought 75,000 shares of Chinese e-commerce firm JD.com, Inc. (NASDAQ:JD) and 50,000 shares of Chinese technology giant Alibaba Group Holding Limited (NYSE:BABA) in the December quarter. In 2018, it gained an enormous revenue of $39.8 billion. A month later, Burry once again made an appearance on social media to compare the hype around growth stocks and Bitcoin to the housing bubble of 2007 and the dotcom bubble at the turn of the millennium. The analyst believes that Charter's investment approach is becoming more comprehensible. Market experts who closely follow Burry claim that this is a sign that he is preparing for a crash. Its performance is much better than ITA ( Morningstar.com gives it a four-star rating), and it . highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. In the third quarter, Scion bought a stake in NOW Inc. (NYSE:DNOW) again. Along with Tesla, Inc. (NASDAQ:TSLA), ARK Innovation ETF (NYSE:ARKK), Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:FB), Discovery, Inc. (NASDAQ:DISCA), CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS), NOW Inc. (NYSE:DNOW) is one of the stocks that hedge funds are buying. Click to skip ahead and . This years free cash flow guide is for $120 million (ex. On February 2, SkyWest, Inc. (NASDAQ:SKYW) reported its fourth quarter results, falling short of Wall Street consensus. SkyWest, Inc. (NASDAQ:SKYW) was incorporated in 1972 and is headquartered in St. George, Utah. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. a chart on Twitter that shows the S&P 500's significant drop between February 2001 and October 2002, along with the decline in the Federal Reserve's benchmark interest rate during that time. In the following year 2019 rankings in America that were calculated based on total revenue by Forbes 500, Allstate Corp. held the 79th position. Several other hedge funds also hold bullish positions in the company. Several elite hedge funds are bullish on the company as a new fiscal year begins. GEO is a real estate investment trust, based in The United States of America, but proudly supplying its services to the United Kingdom, Australia, and South Africa. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS). is originally published on Insider Monkey. According to Insider Monkeys third quarter database, SkyWest, Inc. (NASDAQ:SKYW) was part of 21 hedge fund portfolios, compared to 17 in the prior quarter. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. However, he sold up in August, bagging an estimated $68 million profit. If you want to see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. Alibaba and JD.com are both Chinese e-commerce businesses. It has its workload revolving around acquisition and construction. The dividend is distributable on May 1, to shareholders of record on April 3. Channels lying in the dominion of DISCA are Animal and Science Planet, Discovery Channel, and TLC. Back then they werent called hedge funds, they were called partnerships. Nevertheless, in 2013, Dr. Michael Burry founded another firm called Scion Asset Management, which has now become a vital portion of the portfolio of Michael Burry. The investments that this company makes are mainly in constructing and running prisons. Source: 13F filing, Author. Michael Burry did not buy any new stocks in the current portfolio. We believe the financial strength of our holdings is far above the typical energy company. It is one of the service providers of wireless functions and operations and is currently at the forefront of such providers. He offered a one-word piece of advice in late January: "Sell." From 2000-2008, Michael Burry found and ran his hedge fund company called Scion Capital. After that, he decided to make his personal investments a priority. Mortgage Backed Securities (MBS) are a collection of Home loan mortgages compiled together to create an investment security. Burry isn't the only notable investor to show interest in BBBY. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. In November, he once again warned of market speculation and this time compared the situation to the crisis just before the onset of the Great Recession in 1920. The Geo Group is best known to own the immigrant detention centers in The United States. The video was published on Feb. 16, 2023. 9 min read. He maintained a Hold rating on the shares. Burry sold his position in the company during Q4 2022. He famously bet against the real estate market in 2008 which is documented in the movie "The Big Short", based on the best-selling book by Michael Lewis. Meme-stock specialist and GameStop chairman Ryan Cohen built a nearly 10% stake in the first quarter of last year, fueling hopes he might engineer a comeback for the retailer. Michael Burry made an estimated $300 million net worth by correctly predicting the housing market crash of 2008 Burry's current investments are gold, farmland, private prisons, tech stocks, and cash Farmland has historically outpaced traditional investments and has a negative correlation to stocks Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. He's also known for investingin GameStop before it became a meme stock,betting against Elon Musk's Tesla and Cathie Wood's flagship Ark fund last year, and making grim predictions about market crashes and economic catastrophes. feet. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Percentage of Stake Sold in Q4 2022: 100%. Wells Fargo and Company is an American multinational company, with offices spread out in the entire country. Click to continue reading and see Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks. The percentage indicates the payout in relation to the share price. The carrying value of our investment was approximately $13.3 billion at December 31, 2020 and $13.8 billion at December 31, 2019. Here is what the fund said: Despite better-than-expected third quarter results, LMT shares were weak for the quarter as defense spending is expected to be flat for the coming year. It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. In addition to Black Knight, Inc. (NYSE:BKI), Alibaba Group Holding Limited (NYSE:BABA), and JD.com, Inc. (NASDAQ:JD), Burry added MGM Resorts International (NYSE:MGM) to his portfolio during the December quarter. In the coming years, it can be said with conviction that Michael Burrys stocks portfolio is only to prosper more. Michael Burry has suggested that the current surge in stocks resembles the dot-com bubble and could end in a similarly devastating crash. These returns have duly contributed to the exceptional Michael Burry portfolio. However, many of the loans inside these mortgage Backed securities (MBS) were given to many home owners with bad credit and even no job! The hedge fund sentiment around the securities was assessed from Insider Monkeys Q3 2022 database of around 920 elite funds. SBC) and theres a line-of-sight to $300+ million (ex. None. According to Insider Monkey's data, 25 hedge funds were bullish on Qurate Retail, Inc. (NASDAQ:QRTEA) as of the end of September 2022, compared to 24 funds in the earlier quarter. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. At the end of the third quarter of 2021, 248 hedge funds in the database of Insider Monkey held stakes worth $38 billion in Meta Platforms, Inc. (NASDAQ:FB). It is one of the most popular stocks among hedge funds. Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. Burry first bought a stake in NOW Inc. (NYSE:DNOW) in the fourth quarter of 2020. In early November, Stephens analyst Tommy Moll upgraded NOW Inc. (NYSE:DNOW) stock to Overweight from Equal Weight with a price target of $12, underlining that the company was showing commitment to protect gross margins. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. In its Q4 2020 investor letter, Berkshire Hathaway highlighted a few stocks and The Kraft Heinz Company (NASDAQ:KHC) was one of them. Michael Burry has invested in some of the most spread-out and wealthiest companies in all the U.S. Wall Street doomsayer Michael Burry scooped up a handful of select companies - months after the hedge fund titan dumped his entire stock portfolio. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July. Big Short investor Michael Burry of Scion Asset Management, along with hedge fund managers Farallon Capital Management and Coatue Management, made significant investments in Chinese companies prior to the reopening of China's borders in January. The investor of "The Big Short" fame bought 50,000 American Depositary Shares (ADS) of Alibaba, valued at $4.4 million on December 31. Scion exited the wager during the next quarter, only to reinvest a few months later, filings show. Scion Asset Managements Stake Value: $3,353,000. Even though Burry has repeatedly dismissed the hype around cryptocurrencies, he has since clarified that he has not been betting against them. Qurate Retail, Inc. (NASDAQ:QRTEA) is engaged in the video and online commerce industries in North America, Europe and Asia. Reported in March of 2022 UNIT held more than 125,000 fiber route miles. The form of media delivered by DISCA is television channels, and unlike most television channels displaying fictional shows, DISCA owns a chain of factual channels for general knowledge and awareness purposes. Its value in Michael Burrys current portfolio is a grand sum of $10,770,000. Disclosure. During the third quarter, Scion Asset Management made new purchases in 3 stocks, additional purchases in none, sold out of 19, and reduced holdings in 2 stocks. Michael Burry has suggested that the current surge in stocks resembles the dot-com bubble and could end in a similarly devastating crash. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE: Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. And it means its going to be harder than ever to hold onto any money you make. Yet Burry tweeted an apparent warningthat the agreement could end badly. To add to its success story, it is one of the 10 best e-commerce companies in America. Disclosure: None. Unlike Black Knight, Inc. (NYSE:BKI), Alibaba Group Holding Limited (NYSE:BABA), and JD.com, Inc. (NASDAQ:JD), Michael Burry got rid of his position in Rocketdyne Holdings, Inc. (NYSE:AJRD) during the last quarter of 2022. We remain attracted to WWWs strong collection of brands and its fragmented customer base.. The answer is water. Shares of The Kraft Heinz Company (NASDAQ:KHC) common stock are publicly-traded and the fair value of our investment was approximately $11.3 billion at December 31, 2020 and $10.5 billion at December 31, 2019. Lockheed Martin Corporation (NYSE:LMT) operates as an aerospace and defense firm. Michael Burry bolstered his US stock portfolio from one holding to six in the third quarter, a Securities and Exchange Commission filing revealed on Monday. Burry is most famous for his billion-dollar bet against the mid-2000s housing bubble, which was chronicled in the book and movie "The Big Short." QRTEA consists of seven brands that are always ahead of its competing forces. The rate at which the company's net income has increased to the same quarter one year ago. 15 Dividend Growth Stocks with Highest Rates, 10 Most Promising EV Battery Stocks to Buy. You can get rich by returning 20% per year and compounding that for several years. Baron Funds made the following comment about MGM Resorts International (NYSE:MGM) in its Q3 2022 investor letter: MGM Resorts International (NYSE:MGM) is a leading global casino and entertainment company with 29 unique hotels and casinos including some of the most recognizable resort brands such as Bellagio, MGM Grand, ARIA, and Park MGM. Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. We received dividends from Kraft Heinz of $521 million in each of 2020 and 2019 and $814 million in 2018, which we recorded as reductions in our carrying value. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. In Michael Burry's portfolio Q2 2021, the first thing to catch an eye was that Scion Asset Management bought 2,355 bearish (put) contracts against the ARK Innovation ETF during the second quarter and held them through the end of the period.However, he decided to sell that option and is currently no longer holding it. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. Portfolio value: $46M+ Period: 2022 Q4 Number of stock: 9 Update: 14 Feb 2023 Important Cost basis and return based on previous market day close. is what Weitz Partners Value Fund has to say about Charter Communications, Inc. (NASDAQ:CHTR) in its Q3 2022 investor letter: According to Insider Monkeys Q3 data, 17 hedge funds were long CoreCivic, Inc. (NYSE:CXW), with combined stakes worth $57.4 million. In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. 13F quarterly reports, 13D/G beneficial ownership reports and form 4 insider ownership change reports. Out of these private investment funds, investors may be individuals with high net worth, a fund of hedge funds, and organizations indulged in charity work. The investor of "The Big Short" fame quadrupled his stake in Geo Group, which invests in private prisons and mental-health facilities, to just over 2 million shares worth $15.5 million at the end of September. 9.47% 3-Year Performance. Even today when considering total assets, WFC is the fourth largest bank in The States. It deals with providing the best investments to its clients to raise the status of their portfolios by giving them guidance on what products to choose. Enjoy a 7-Day Free Trial Thru Mar 12, 2023! Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. The company has been thriving since 1993 and is venturing into Canada too. Its selling for half of book value. On February 8, CoreCivic, Inc. (NYSE:CXW) reported a Q4 FFO of $0.42 and a revenue of $471.43 million, outperforming Wall Street consensus by $0.09 and $2.38 million, respectively. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. The Partnership has been a buyer at these levels., Scion Asset Managements Stake Value: $2,063,750. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. Burry also made famous multi-million dollar bearish bets against Tesla, Inc. (NASDAQ:TSLA) and ARK Innovation ETF (NYSE:ARKK), famously sparring with Elon Musk, the owner of the former, and Cathie Wood, the investor whose hedge fund, ARK Investment Management, is behind the latter. In addition to that, it also owns 7 million fiber strand miles and many other components of the communication sector throughout The States. The company is a new holding in the portfolio of Scion Asset Management. Based on the available facts and information regarding the operating results of Kraft Heinz, our ability and intent to hold the investment until recovery, the relative amount of the decline and the length of time that fair value was less than carrying value, we concluded that recognition of an impairment loss in earnings was not required. *Average returns of all recommendations since inception. The success of Burry is an exception in the world of finance that. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. Despite his education in both economics and medicine, Burry currently chooses to practice the former. The next. Data from around 900 elite hedge funds tracked by Insider Monkey was used to identify the number of hedge funds that hold stakes in each firm. Since 2014, Wells Fargo has markedly been on top of many banking lists, successfully extending its operations to more customers and clients with each passing day. DISCA contributes largely to his investments, having a numeral share of 5.38% and a value of $7,523,000. In the broad electronics industry that the world has with the prevailing level of technology, WDC has been a contributor to it for a very long time. At the time, the legendary investor bought 1.5 million shares of NOW Inc. (NYSE:DNOW) at an average price of $5.63 per share. In the same report you can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12-24 months. Western Digital Corporation is a company based in The United States of America that specializes in computer memory. Our repositioning has been encouraging so far with the portfolio performing better on up days in the market while maintaining good down capture during more turbulent sessions.. In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are The GEO Group Inc (GEO), Black Knight Inc (BKI), Alibaba Group Holding Ltd (BABA), JD.com Inc (JD), Wolverine World Wide Inc (WWW), not including call and put options. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. Get our editors daily picks straight in your inbox! Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 million. For example S&P 500 Index returned 43.4% in 1958. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 Burry's total holdings now total $41,298,000 in value and has six total positions after adding five new positions in the three months after the second quarter filing. Wood took Burry head-on when his bearish bets against ARK Innovation ETF (NYSE:ARKK) were made public, going on Twitter to say that Burry did not understand the fundamentals creating explosive growth and opportunities in the innovation space.
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