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. The Partnership has been a buyer at these levels., Scion Asset Managements Stake Value: $2,063,750. Burry has been warning about stocks for a while, and in January, he shared a similar chart that highlighted the S&P 500's rally between September 2001 and March 2002 before it bottomed out six months later. JPMorgan analyst . By clicking Sign up, you agree to receive marketing emails from Insider The investor of "The Big Short" fame bought 50,000 . His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. Yet Burry tweeted an apparent warningthat the agreement could end badly. And still the door is only so big.". 214.91% 10-Year Performance . In addition to Black Knight, Inc. (NYSE:BKI), Alibaba Group Holding Limited (NYSE:BABA), and JD.com, Inc. (NASDAQ:JD), Burry added MGM Resorts International (NYSE:MGM) to his portfolio during the December quarter. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. Defensive positioning is the current theme of his portfolio . In Michael Burry's portfolio Q2 2021, the first thing to catch an eye was that Scion Asset Management bought 2,355 bearish (put) contracts against the ARK Innovation ETF during the second quarter and held them through the end of the period.However, he decided to sell that option and is currently no longer holding it. In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. Burry recently shared a chart on Twitter that shows the S&P 500's significant drop between February 2001 and October 2002, along with the decline in the Federal Reserve's benchmark interest rate during that time. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. Further, strategic acquisitions (LMT acquired AJRD for $4 billion in late December), debt pay down, a 3% dividend yield, and continued share buybacks from $6 billion per year of free cash flow should lead to even greater shareholder returns.. 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. The Motley Fool has a disclosure policy. It contributes 5.49% of his stocks, and therefore, it has a value of $7,679,000. Discovery Inc. is a massive multinational media chain originating from America. 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. Feb 9. In this article, we discuss 13 stocks that Michael Burry is buying and selling. Israel Englanders Millennium Management is the leading stakeholder of the company, with 1.19 million shares worth $19.5 million. Burry had accurately predicted the collapse of both these bubbles. Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. Michael Burry Portfolio and News | GuruFocus Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks Michael Burry Stock Tracker on Twitter: "Burry Portfolio Update: The 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? The company has been thriving since 1993 and is venturing into Canada too. Just as inflation started creeping up in the United States, derailing a faster-than-expected economic recovery and leading to speculation around a rise in interest rates and an accompanying correction in growth stocks, Burry slashed his stock positions from more than 20 down to only 6. To add to its success story, it is one of the 10 best e-commerce companies in America. Despite his education in both economics and medicine, Burry currently chooses to practice the former. I believe he will not only run again next year, but could win a 2nd Presidential term and by a LANDSLIDE. Once that happened, Burry warned buyers of meme stocks they were signing up for the "mother of all crashes." Uniti Group Inc. is a real estate investment trust, headquartered in America. Disclosure. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. 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. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. The stock is currently selling for 66% of tangible book value. Following the Financial Crisis of 2008, he closed the firm to focus on his own personal investments. Most recent portfolio value is calculated to be $ 46,536,925 USD. Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. 338.80% 5-Year Performance. 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. The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. To make the world smarter, happier, and richer. 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. Michael Burry is widely known for predicting the 2008 Financial Crisis & Housing bubble, popularised in the Oscar Winning Movie "The Big Short" (2015). Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. The Geo Group is best known to own the immigrant detention centers in The United States. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. Michael Burry has invested in some of the most spread-out and wealthiest companies in all the U.S. We believe the financial strength of our holdings is far above the typical energy company. It functions as a cable operator and broadband connectivity provider, catering to both residential and commercial clients in the United States. The fund switched out all but two of its six previous holdings; Geo Group and Qurate Retail were the only survivors. Scion Asset Management, according to its Q1 2022 portfolio, owned a $17.97 million stake in the company consisting of 75,000 shares, which represented 8.92% of its total holdings. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. Scion Asset Management's public equity portfolio is heavily concentrated. 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. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. Michael Burry, the hedge fund . The portfolio numbers only nine equities, with The GEO Group accounting for 20.4% of its holdings. Pason and NOW represent our fourth and fifth investments in the energy sector. MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. Stocks of Now Inc. include products that cater to the needs of up and downstream and midstream. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are. Michael Burry said there will be "terrible consequences" if student debt is cancelled. These returns have duly contributed to the exceptional Michael Burry portfolio. Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks Access your favorite topics in a personalized feed while you're on the go. 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. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. A higher ratio indicates a higher risk. 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. Michael Burry is a successful investor, hedge fund manager, and physician. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. 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. In the coming years, it can be said with conviction that Michael Burrys stocks portfolio is only to prosper more. 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. The investor of "The Big Short" fame may have spied value in beaten-down Chinese tech stocks. The current portfolio value is calculated to be $47.00 Mil. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. Michael Burry - Scion Asset Management, LLC - Portfolio Holdings - Fintel Michael Burry (Scion Asset Management, LLC) Performance - Stockcircle Burry sold all but one of his holdings in the second quarter of this year, after sounding the alarm on the "greatest speculative bubble of all time in all things" last summer, and warning owners of meme stocks and cryptocurrencies they were careening toward the "mother of all crashes. 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. And it means its going to be harder than ever to hold onto any money you make. Burry's Scion Asset Management also purchased 100,000 shares of MGM, a position worth $3.4 million at last quarter's close. Of the six clients of the firm, one is an insurance company, and the rest are private investment funds. In addition to that, it also owns 7 million fiber strand miles and many other components of the communication sector throughout The States. 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. The average profit margin of the companies in this portfolio is 9.11%. Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). Warren Buffett took 25% of all returns in excess of 6 percent. Other products are safety supplies, drills, and paints. He was born in San Jose, California on June 19, 1971. The company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February.