Please visit the "Stock Picks" tab to see the latest guru trades and stock picks for Michael Burry, which include data from Michael Burry. Click to skip ahead and . If Warren Buffetts hedge fund didnt generate any outperformance (i.e. Burry swapped out all but two of the holdings in his US stock portfolio. Michael Burry's Scion Capital Management dumped his entire stock portfolio in the second quarter as the "Big Short" hedge fund legend stepped up his warnings about a looming stock market . Several elite hedge funds are bullish on the company as a new fiscal year begins. According to Insider Monkeys third quarter database, 53 hedge funds were long MGM Resorts International (NYSE:MGM), compared to 46 funds in the prior quarter. The five defense stocks in FIDU account for slightly less than 13% of the $728 million in net assets. In the coming years, it can be said with conviction that Michael Burrys stocks portfolio is only to prosper more. Making the world smarter, happier, and richer. 14 min read. Read more:A Michael Burry expert breaks down what makes the 'Big Short' investor special. 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. The beta of the portfolio is 1.13. 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. In the fourth quarter of 2022, Michael Burry slashed his stake in Qurate Retail, Inc. (NASDAQ:QRTEA) by 70%, holding 1.50 million shares worth $2.4 million. 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. The hedge fund of the latter has a very bullish stance on Musk and Tesla, Inc. (NASDAQ:TSLA). 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. In a free sample issue of our monthly newsletter we analyzed Warren Buffetts stock picks covering the 1999-2017 period and identified the best performing stocks in Warren Buffetts portfolio. Michael Burry is capturing headlines recently for predicting another stock market crash. As of December 31, 2020, the carrying value of our investment exceeded the fair value based on the quoted market price by $2.0 billion (15% of carrying value). 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. Michael Burry is a legendary investor & hedge fund manager. 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.. Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. Michael Burry, the legendary investor who rose to fame after predicting the financial crisis of 2007 and profiting from the collapse of the housing market a feat that was later turned into a Hollywood film named The Big Short had a very eventful 2021. According to Insider Monkeys Q3 data, 17 hedge funds were long CoreCivic, Inc. (NYSE:CXW), with combined stakes worth $57.4 million. 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. The analyst advised investors to focus on defensive, high-quality, and recession-resistant companies, with a specific emphasis on those that are expected to perform relatively better. When considering our timing, we concluded, if not now, when? Ric Dillons, Diamond Hill Capital made the following comment about Wolverine World Wide, Inc. (NYSE:WWW) in its Q4 2022 investor, 5 Stocks Big Short Michael Burry Is Buying and Selling, China to guard against risks in property market - Premier Li, REFILE-Ukrainian pilot pair in Arizona to fly military simulators - US official, Another Norfolk Southern train derails in Ohio; company says no toxins aboard, UPDATE 2-China opens parliament, setting modest growth target of about 5%, China to develop more energy and mineral reserves and boost production. Burry's Scion Asset Management also purchased 100,000 shares of MGM, a position worth $3.4 million at last quarter's close. The stock is currently selling for 66% of tangible book value. 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. Having its headquarters located in California, it functions with only six clients in total. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June . In the fourth quarter of 2022, Michael Burry purchased 356,101 shares of Wolverine World Wide, Inc. (NYSE:WWW) worth $3.8 million, representing 8.36% of the total 13F holdings. Israel Englanders, According to Insider Monkeys third quarter database, 53 hedge funds were long MGM Resorts International (NYSE:MGM), compared to 46 funds in the prior quarter. 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." The company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February. Its value in Michael Burrys current portfolio is a grand sum of $10,770,000. However, the ratio is difficult to compare between industries where common amounts of debt vary. Analytical Laboratory Instrument Manufacturing, Crude Petroleum and Natural Gas Extraction, All Other Miscellaneous Chemical Product and Preparation Manufacturing, Biological Product (except Diagnostic) Manufacturing, Semiconductor and Related Device Manufacturing, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers, Offices of Real Estate Agents and Brokers, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Commercial and Institutional Building Construction. Stock quotes provided by InterActive Data. The forward yield was 2.65%. The locations of these centers are Florida, Chicago, Minnesota, and Ohio. In Q4 2022, Michael Burry sold off his entire stake in Charter Communications, Inc. (NASDAQ:CHTR), worth $3 million. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Reported in March of 2022 UNIT held more than 125,000 fiber route miles. Meta Platforms, Inc. (NASDAQ:FB) has featured in the Scion portfolio since early 2020. The company is a new holding in the portfolio of Scion Asset Management. However, it has streamlined its business since the last oil and gas downturn and expects reduced operating losses this round. It has shown grand returns as latest as reported in 2022, Dr. Michael Burrys holdings and portfolio are as large as approximately $104 million in AMU. Because of its widespread worth for The U.S. government, it has managed to own 129 facilities and 95,000 beds for this purpose. Berkshire and its subsidiaries hold investments in certain businesses that are accounted for pursuant to the equity method. It occupies a good share of 5.94% in his investments, totaling a value of $8,309,000. He also scooped up 75,000 American Depositary Receipts (ADR) of JD.com, worth $4.2 million at the end of last year. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. We recorded equity method earnings from our investment in Kraft Heinz of $95 million in 2020, $493 million in 2019 and losses of approximately $2.7 billion in 2018. Congrats to all those Autopilot'ing the Burry Portfolio, you should be up on this position too . That would have been 9.35% in hedge fund fees. Alibaba Group (BABA) Q3 2023 Earnings Call Transcript, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? In addition to that, it also owns 7 million fiber strand miles and many other components of the communication sector throughout The States. Several elite hedge funds are bullish on the company as a new fiscal year begins. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. Portfolio 9 Options 0 Performance. Burry's purchases suggest he remained bullish last quarter. Out of the many insurance companies based in The States, one of them is Allstate Corporation which also happens to be one of the leading companies. In the fourth quarter of 2022, Burry sold the entirety of his stake in the company. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. Yet Burry tweeted an apparent warningthat the agreement could end badly. He was only holding Geo group Inc. stock in the second quarter of 2022. Williams Trading analyst Sam Poser on January 16 upgraded Wolverine World Wide, Inc. (NYSE:WWW) to Buy from Hold with a price target of $18, up from $13. During 2000-2008, he logged returns, calculating up to 489.34%. is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. Access your favorite topics in a personalized feed while you're on the go. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. 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. *Stock prices used were the afternoon prices of Feb. 14, 2023. The dividend is distributable on May 1, to shareholders of record on April 3. On November 4, BofA analyst Jason Haas downgraded Qurate Retail, Inc. (NASDAQ:QRTEA) to Underperform from Neutral with a price target of $1.20, down from $4, after the company reported below-consensus Q3 revenue and OIBDA. Mortgage Backed Securities (MBS) are a collection of Home loan mortgages compiled together to create an investment security. BBBY has plummeted by more than 95% from its 2021 peak to below $2 a share today, reflecting the retailer's onerous debts, inventory woes, and warnings of potential bankruptcy. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio $48 Million Total portoflio value. Now Inc an American company whose parent company is Distribution Now makes 7.7% of his portfolio. Qurate Retail, Inc. (NASDAQ:QRTEA) is engaged in the video and online commerce industries in North America, Europe and Asia. 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. It was recorded between 2015 and 2016, that fundholding maximized to $100 million. He set alarm bells ringing when he slashed his portfolio to a single position in the second quarter of last year, but added five additional namesin the third quarter. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. At the end of 2022, Scion only held nine stocks, and 56% of his portfolio was invested in . Keith Meisters, Baron Funds made the following comment about MGM Resorts International (NYSE:MGM) in its Q3 2022 investor, According to Insider Monkeys Q3 data, 18 hedge funds were long Wolverine World Wide, Inc. (NYSE:WWW), compared to 13 funds in the earlier quarter. Hence, they collect and combine all these goods and portray their rich history through effectively utilizing media, providing an impactful shopping experience to its clients and customers. Michael Burrys current investments also lie in Uniti Group Inc., which makes a contribution of 6.08% of Michael Burrys portfolio, valuing up to $8,504,000. 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%). 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. It's interesting to look at how Burry has constructed his portfolio to prepare for a stock market crash. 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. During the years 2000-2008, Scion Capital made 489.34% returns which added to the monetary gains of Burry. Its selling for half of book value. Source: 13F filing, Author. The investor of "The Big Short" fame may have spied value in beaten-down Chinese tech stocks. 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. Shares, change to shares, sold shares - split-adjusted. It has been a favorite hedge fund stock for years. The Scion Asset Management chief also built a $10 million stake in Qurate Retail, and established smaller positions in Aerojet Rocketdyne, Charter Communications, Corecivic, and Liberty Latin America. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. At the end of September, the fund owned 30,000 shares of Lockheed Martin Corporation (NYSE:LMT) worth $10.3 million, representing close to 25% of the portfolio. He was right, This was the 2008 Financial Crisis, Housing Bubble which resulted in the collapse of Lehman brothers investment bank & a major stock market crash! To make the world smarter, happier, and richer. The company operates a regional airline in the United States and also leases regional jet aircraft and spare engines to third parties. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. Earlier in August, Burry had also sparred with Wood. Copyrights 2021-2023 Valuesider All rights reserved. The idea between these securities is risk was "supposed" to be diversified. Read the original article on Business Insider. 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. Dr. Burry subsequently closed the Scion Capital fund and has since launched his latest fund, Scion Asset Management. Bury has a net worth of $300 million and his hedge fund has a ten-year return of 326%, one of the most successful on Wall Street. In short, a powerful new economic force is quietly building behind Joe Biden and Im confident Biden can harness this forces inevitable wave, carrying him to a LANDSLIDE re-election win. Yet it's still a fraction of its size at the end of March, when it contained 11 stocks worth a combined $165 million excluding bearish put options that Scion held against 206,000 Apple shares. Scion Asset Management's public equity portfolio is heavily concentrated. We also made adjustments to the portfolios top 10 holdings to increase the participation of select stocks, including Facebook, while trimming our weighting to stable names, which now represent 47% of the portfolio. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. In this article, we discuss 13 stocks that Michael Burry is buying and selling. You can get rich by returning 20% per year and compounding that for several years. The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. Easily embed the chart on your blog or website it will always update