was in the headlines as he paved the way for the GameStop short squeeze at the beginning of the year before swearing off meme stocks and predicting that the markets were about to crash and inflation was rising, long before other market experts picked up on the idea. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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. 'Big Short' legend Michael Burry invested in Bed Bath & Beyond at least 'Big Short' Michael Burry in 2022: Crash, Recession, Stocks, Tesla Even though Burry has repeatedly dismissed the hype around cryptocurrencies, he has since clarified that he has not been betting against them. Scion Asset Management has disclosed a total of 9 security holdings in their (2022 Q4) SEC 13F filing(s) with portfolio value of $46,536,925. RPT Realty is the operator behind most shopping centers that are providing its services in open-air. We initially share this idea in October 2018 and the stock already returned more than 150%. Earlier in August, Burry had also sparred with Wood. In Q4 2022, Michael Burry sold off his entire stake in Charter Communications, Inc. (NASDAQ:CHTR), worth $3 million. 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). Administrative and Support and Waste Management and Remediation Services ($9.67 Million), Arts, Entertainment, and Recreation ($4.59 Million), Transportation and Warehousing ($2.6 Million), Mining, Quarrying, and Oil and Gas Extraction ($0), Professional, Scientific, and Technical Services ($0). 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. Along the way, I believe Biden could become one of the most powerful Presidents in history. 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. 'Big Short' Investor Michael Burry Says Expect 'Tuition Hikes' If We automatically! It also provides mental health and rehabilitation facilities. Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. Michael Burry is an American investor, and hedge fund manager. Fundamental company data provided by Morningstar, updated daily. Congrats to all those Autopilot'ing the Burry Portfolio, you should be up on this position too . Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) is a California-based company that designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. Click to skip ahead and . Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. Burry swapped out all but two of the holdings in his US stock portfolio. 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. Net income divided by revenue of the last 4 quarters. 10 stocks we like better than Alibaba Group. The chief of Scion Asset Management was in the headlines as he paved the way for the GameStop short squeeze at the beginning of the year before swearing off meme stocks and predicting that the markets were about to crash and inflation was rising, long before other market experts picked up on the idea. 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 holdings of Michael Burry Big Short are in the worlds leading companies and corporations, and that has led him to an elevated status in the business world. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. Michael Burry Stock Portfolio: 10 Stocks He Sold Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. . It is involved in choosing the best buyers across the world, selling products that depict a hidden story or have a deep meaning behind it. Burry, a value investor, presumably bought into BBBY because he determined it was oversold and undervalued. valuations for each stock, which positions are undervalued, have low PE Ratios, are considered high quality and recently traded at 5 Stocks to Buy Based on Michael Pausic's Foxhaven Asset Management Portfolio 5 Stocks to Buy According to David Fear's Thunderbird Partners, Retirement Stock Portfolio: 5 Safe Tech Stocks To Consider, 5 Best Stocks to Buy Today According to Value Investor David Abrams, Senator John Hickenlooper Latest Portfolio: 3 Stocks to Watch, 5 Best Stocks To Buy According To Terry Smith's Fundsmith LLP. Burry, a value investor who specializes in sniffing out bargains, may have determined the two companies' shares were oversold and likely to stage a comeback. In this article, we discuss 13 stocks that Michael Burry is buying and selling. It indicates the company's profitability. The Motley Fool has a disclosure policy. Percentage of Stake Sold in Q4 2022: 100%. The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products. The company has been thriving since 1993 and is venturing into Canada too. 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 . S&P 500 Index lost 10.8% in 1957, so Buffetts investors actually thrilled to beat the market by 20.1 percentage points in 1957. Please visit the "Stock Picks" tab to see the latest guru trades and stock picks for Michael Burry, which include data from The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. Reported price - this doesn't represent the actual buy or sell price.It is the split-adjusted price of the security as of the last day of the reported period. Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. 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. Michael Burry has suggested that the current surge in stocks resembles the dot-com bubble and could end in a similarly devastating crash. Michael Burry built new stakes in Alibaba, JD.com, and MGM Resorts last quarter. Other services imparted, cater to voice coverage and security. The Kraft Heinz Company (NASDAQ:KHC) is one of the worlds largest manufacturers and marketers of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. These are known to operate beyond the U.S. borders. The idea between these securities is risk was "supposed" to be diversified. In its Q3 2020 investor letter, Palm Valley Capital, an asset management firm, highlighted a few stocks and NOW Inc. (NYSE:DNOW) was one of them. Nonetheless, it has still managed to attain over $386.9 million in Assets Under Management (AUM). Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks 65.06% of Michael Burry's Portfolio Is in These 4 Stocks Michael Burry Stock Tracker on Twitter: "Burry Portfolio Update: The Even so, we have kept our exposure to the energy sector in check given our concerns about the overall economy.. 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. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. The Motley Fool recommends Coherent. If Warren Buffetts hedge fund didnt generate any outperformance (i.e. On another occasion in 2018, by total assets, Wells Fargo became the fourth largest bank in the United States of America. None. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008. The percentage indicates the payout in relation to the share price. Scion Asset Management's public equity portfolio is heavily concentrated. Michael Burry's Hedge Fund's Returns In its first year, Burry's hedge fund Scion was up 55%, while the S&P 500 fell 11.88%. 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. Burry stopped betting against Cathie Wood's ARK and Tesla. He was born in San Jose, California on June 19, 1971. 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. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 Berkshire currently owns 325,442,152 shares of Kraft Heinz common stock representing 26.6% of the outstanding shares. Both Alibaba and JD.com shares were hit hard last year by growing threats of government regulation, plus a wider exodus from risky technology stocks in the face of rising interest rates and a potential recession. My Top Michael Burry Stock to Buy Now in March, 1 Thing Everyone Missed About Alibaba's Quarter. SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. Performance. Warren Buffett took 25% of all returns in excess of 6 percent. Michael Burry did not buy any new stocks in the current portfolio. Invest better with The Motley Fool. The beta of the portfolio is 1.13. The good news is, this powerful new force can help you make a lot of money even in a bear market. 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. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. Therefore, it would not be shocking to see Michael Burrys returns rocketing up by large numbers. To see the historical data of Scion Asset Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Portfolio 9 Options 0 Performance. Here is what the fund said: NOW is a 2014 spinoff from National Oilwell Varco and has a 150-year legacy as a distributor to the oil and gas and industrial markets. In the third quarter, Scion bought a stake in NOW Inc. (NYSE:DNOW) again. SBC) and theres a line-of-sight to $300+ million (ex. Burry's latest chart and comment suggest that he sees similarities between the current market surge and the one in early 2001, when interest rates were at 6%, and he expects both the S&P 500 and the Fed Funds rate to eventually drop, with the Fed cutting rates as the economy weakens and asset prices decline. Copyrights 2021-2023 Valuesider All rights reserved. It has its workload revolving around acquisition and construction. It is one of the most popular stocks among hedge funds. 'Big Short' Star Michael Burry Bought Alibaba, MGM, JD.com Stock in Q4 Making the world smarter, happier, and richer. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies.. It was recorded between 2015 and 2016, that fundholding maximized to $100 million. That would have been 9.35% in hedge fund fees. 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. 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. Michael Burry is Loading Up on These 9 Stocks - Insider Monkey 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. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. All Rights Reserved. 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. If you want to read our detailed analysis of these stocks, go directly to the Michael Burry Stock . You can enter your email below to get our FREE report. Defensive positioning is the current theme of his portfolio . GuruFocus.com is not operated by a broker or a dealer. 14 min read. Bank of America Global Research data. Berkshire and its subsidiaries hold investments in certain businesses that are accounted for pursuant to the equity method. Burry had accurately predicted the collapse of both these bubbles. The Geo Group is best known to own the immigrant detention centers in The United States. Burry recently shared 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. 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. The investor of "The Big Short" fame bought 50,000 American Depositary Shares (ADS) of Alibaba, valued at $4.4 million on December 31. , an asset management firm, highlighted a few stocks and Meta Platforms, Inc. (NASDAQ: 10 Best Bank and Finance Stocks to Buy According to Mario Gabelli, 10 Best SPACs to Invest In According to Reddit. Follow the Stock Picks of Top Hedge Fund Manager Michael Burry 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 Burry reveals new stock bets after previously dumping entire On the other hand, its headquarters are stationed in California and Manhattan the two hubs of America. Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. $48 Million Michael Burry Portfolio / Scion Asset Management, LLC 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. Refer a Friend and Earn One Month of Free Membership. The next. Despite the bets on a select few companies, Burry has issued several dire warnings to investors this year, likely in response to the stock market's breathless rally in recent weeks. Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. As per 13F filings for the fourth quarter of 2022, Burry sold off his stake in CoreCivic, Inc. (NYSE:CXW), worth $6.40 million. Overall, Scion grew its US stock portfolio from six positions to nine, and its total value swelled by 13% to about $47 million. 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 sold his position in the company during Q4 2022. However, they were still rated AAA (Investment grade) by many credit Agencies! Bank of America Global Research data indicates that the reopening of China has led to an influx of investment in emerging market equities, causing record levels of inflows. William Crowley, William Harker, and Stephen Blass, Steel City Capital made the following comment about Liberty Latin America Ltd. (NASDAQ:LILA) in its Q3 2022 investor, 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. He maintained a Hold rating on the shares. Western Digital Corporation is a company based in The United States of America that specializes in computer memory. The chief of Scion Asset Management went as far as to say that it was the greatest speculative bubble and would lead to the mother of all crashes. 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 Burry's Scion Asset Management purchased 750,000 shares of the homewares retailer in the third quarter of 2019, securing a stake worth $8 million on September 30 that year. 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. Deutsche Bank analyst Carlo Santarelli on February 9 raised the firm's price target on MGM Resorts International (NYSE:MGM) to $53 from $49 and kept a Buy rating on the shares. Michael Burry Portfolio (2022 Q4) - Scion Asset Management - Valuesider If you want to skip our detailed analysis of these stocks, go directly to the, 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. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. Despite his education in both economics and medicine, Burry currently chooses to practice the former. Even today when considering total assets, WFC is the fourth largest bank in The States. It contributes 5.49% of his stocks, and therefore, it has a value of $7,679,000. Source: 13F filing, Author. 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. We believe the financial strength of our holdings is far above the typical energy company. 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. However, the released 13f filings ceased after that and were resumed in 2019. Yet Burry tweeted an apparent warningthat the agreement could end badly. During the third quarter, this position was sold off entirely. 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 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. Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 million. 13F quarterly reports, 13D/G beneficial ownership reports and form 4 insider ownership change reports. to generate high returns in the 20% to 30% range. Michael Burry placed new bets on Alibaba, JD.com, and MGM Resorts last quarter, a Securities and Exchange Commission filing revealedon Tuesday. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. 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. Israel Englanders Millennium Management is the leading stakeholder of the company, with 1.19 million shares worth $19.5 million. This investment adviser does not provide advice to individual investors. The analyst highlighted the Future Vertical Lift program as a big opportunity for Lockheed Martin Corporation (NYSE:LMT). At least in BBBY's case, he was right on the money. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. 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. 9.47% 3-Year Performance. Never miss a trade @burrytracker. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. 10 Best Bank and Finance Stocks to Buy According to Mario Gabelli10 Best Diversified Stocks to Invest In10 Best SPACs to Invest In According to RedditDaily NewsletterHeadlineLockheed Martin Corporation (NYSE:LMT)Meta Platforms Inc. (NASDAQ:FB)Michael Burry Stock Portfolio Performance in 2021: 8 Best PicksNASDAQ:FBNASDAQ:KHCNow Inc. (NYSE:DNOW)NYSE:DNOWNYSE:LMTThe Kraft Heinz Company (NASDAQ:KHC)Yahoo FinanceShow moreShow less, Despite Joe Bidens age, raging inflation, and his dismal 45% approval level. This years free cash flow guide is for $120 million (ex. CoreCivic, Inc. (NYSE:CXW) is a Tennessee-based company that owns and manages partnership correctional, detention, and residential reentry facilities in the United States. The popular investment manager has been vocal on social media telling investors to sell their stocks and take a defensive position. Equity method earnings (losses) included the effects of goodwill and identifiable intangible asset impairment charges recorded by Kraft Heinz. His opinions remain his own and are unaffected by The Motley Fool. 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. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July. A buying frenzy drove BBBY shares as high as $43 during that period; if Burry had kept his million shares, they would have briefly quadrupled in value to $43 million. 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. Several elite hedge funds are bullish on the company as a new fiscal year begins. In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. Michael Burry did not buy any new stocks in the current portfolio. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June . It is reported that in GameStop, he reported 1.7 million shares, and his returns peaked at a value of $271 million. 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. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. Diamond Hill Capital made the following comment about Wolverine World Wide, Inc. (NYSE:WWW) in its Q4 2022 investor letter: Footwear and apparel company Wolverine World Wide, Inc. (NYSE:WWW) underperformed as softer demand and elevated inventory levels have necessitated higher-than-expected promotional activity, weighing on near-term profitability. "The fall in wealth is unsurprising given the dramatic pivot in monetary policy that culminated in the worst performance for the traditional blended portfolio . feet. 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. Burry has been warning about stocks for a while, and in January, he shared a similar chart that highlighted the S&P 500's rally between September 2001 and March 2002 before it bottomed out six months later. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. According to Insider Monkeys Q3 data, 17 hedge funds were long CoreCivic, Inc. (NYSE:CXW), with combined stakes worth $57.4 million.
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