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. That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. Michael Burry did not buy any new stocks in the current portfolio. That means much bigger government. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS). Michael Burry is one of the most famous & successful money managers in history & has a personal Net worth of over $300 Million. Refer a Friend and Earn One Month of Free Membership. Our largest energy holding is Helmerich & Payne, the nations largest drilling contractor. Gurus may be added or dropped from the GuruFocus site at any time. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. It is reported that in GameStop, he reported 1.7 million shares, and his returns peaked at a value of $271 million. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. Get our editors daily picks straight in your inbox! 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. To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The video was published on Feb. 16, 2023. 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. The investor of "The Big Short" fame bought 50,000 American Depositary Shares (ADS) of Alibaba, valued at $4.4 million on December 31. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. Yet Burry tweeted an apparent warningthat the agreement could end badly. 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. Please visit the "Stock Picks" tab to see the latest guru trades and stock picks for Michael Burry, which include data from Through a vast network of 245 locations, NOWs 300,000 SKU product offering addresses all segments of the energy value chain, from upstream E&Ps to midstream infrastructure to downstream refining, in addition to industrial end markets including chemicals, mining, utilities, and manufacturing. 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. 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. 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. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. On February 8, MGM Resorts International (NYSE:MGM) reported a Q4 non-GAAP loss per share of $1.53 and a revenue of $3.59 billion, topping market estimates by $0.04 and $240 million, respectively. 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. @burrytracker. 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. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. These returns have duly contributed to the exceptional Michael Burry portfolio. This stake is worth more than $1.1 million and consists of 150,000 shares. In this article, we discuss 13 stocks that Michael Burry is buying and selling. At the end of the third quarter of 2021, 51 hedge funds in the database of Insider Monkey held stakes worth $1.2 billion in Lockheed Martin Corporation (NYSE:LMT). Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. 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. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. The video was published on Feb. 28, 2023. Michael Burry placed new bets on Alibaba, JD.com, and MGM Resorts last quarter, a Securities and Exchange Commission filing revealed on Tuesday. I believe he will not only run again next year, but could win a 2nd Presidential term and by a LANDSLIDE. Today, Burry still regularly invests through his fund Scion Asset Management, although he's pretty choosy. 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. On its balance sheet, Berkshire carries the Kraft Heinz holding at a GAAP figure of $13.3 billion, an amount that represents Berkshires share of the audited net worth of Kraft Heinz on December 31, 2020. 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. 13F quarterly reports, 13D/G beneficial ownership reports and form 4 insider ownership change reports. However, despite many misconceptions he is currently not a Billionaire officially yet. 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. On February 2, SkyWest, Inc. (NASDAQ:SKYW) reported its fourth quarter results, falling short of Wall Street consensus. 13 Stocks Big Short Michael Burry Is Buying and Selling is originally published on Insider Monkey. We remain attracted to WWWs strong collection of brands and its fragmented customer base.. Some of the famous names that Burry sold in the third quarter include Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:FB), and Discovery, Inc. (NASDAQ:DISCA), among others. The company sells these stocks too, which generally are pipes, valves, tools, and instruments. The stock is currently selling for 66% of tangible book value. However, they were still rated AAA (Investment grade) by many credit Agencies! Qurate Retail Group is an American company, immersed and actively engaged in media usage to run a business venture. The Asia Pacific and Africa are also other countries where LUMN operates. 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. Michael Burry is an American investor, and hedge fund manager. 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. By clicking Sign up, you agree to receive marketing emails from Insider Some of these brands are HSN, Garnet Hill, and Ballard Designs. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. 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. 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. And it means its going to be harder than ever to hold onto any money you make. WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. It occupies a good share of 5.94% in his investments, totaling a value of $8,309,000. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. In the following year 2019 rankings in America that were calculated based on total revenue by Forbes 500, Allstate Corp. held the 79th position. He has even said that he even owns some coins. Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. His opinions remain his own and are unaffected by The Motley Fool. As per 13F filings for the fourth quarter of 2022, Burry sold off his stake in CoreCivic, Inc. (NYSE:CXW), worth $6.40 million. Ratio between share price and earnings per share. Here you can find the latest trades based on Burry's 13F filings and insider trades. He offered a one-word piece of advice in late January: "Sell." If you want to read our detailed analysis of these stocks, go directly to the Michael Burry Stock . is originally published on Insider Monkey. Burry recently. Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. It owned 1 million BBBY shares worth almost $11 million on June 30, 2020. Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio Michael Burry added SkyWest, Inc. (NASDAQ:SKYW) to his Q4 portfolio by acquiring 125,000 shares worth $2.06 million. He maintained a Hold rating on the shares. 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. With a record $150 billion backlog and almost 30% of its revenue coming from building F-35 aircraft with deliveries forecast to reach 180 per year in 4-5 years (3Qs revenue upside was from the F-35), we believe LMT should grow at a higher rate than overall defense budget growth and Street expectations over the next several years. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. In this article, we discuss the 10 stocks to sell according to Michael Burry. Invest better with The Motley Fool. However, it has streamlined its business since the last oil and gas downturn and expects reduced operating losses this round. Never miss a trade 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. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. Disclosure: None. Michael Burry. Burry stopped betting against Cathie Wood's ARK and Tesla. At its recent price of only $30 per share, we believe MGMs valuation is compelling at only 6 times 2023 estimated cash flow., Scion Asset Managements Stake Value: $3,892,184. Michael Burry built new stakes in Alibaba, JD.com, and MGM Resorts last quarter. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. ADS and ADR are traded on US stock exchanges but represent ownership of foreign-listed companies. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. Burry also made famous multi-million dollar bearish bets against Tesla, Inc. (NASDAQ: ) and ARK Innovation ETF (NYSE:ARKK), famously sparring with Elon Musk, the owner of the former, and Cathie Wood, the investor whose hedge fund. Feb 9. According to the analyst, there were high expectations for MGM Resorts International (NYSE:MGM)s performance on the strip, but the company exceeded them with ease. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies.. According to Insider Monkeys third quarter database, 26 hedge funds were bullish on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), with combined stakes worth $704.2 million. It owns and manages casino, hotel, and entertainment resorts in the United States and Macau. Widely known to function as a telecommunications company, Lumen Technologies is a company based in America. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. This reopening followed nearly three years of restrictions on travel and commerce. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. He's now 51 years old. The services falling under communications are voice coverage over a long-range, broadband, and ethernet provision, among others. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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). Following the Financial Crisis of 2008, he closed the firm to focus on his own personal investments. The five defense stocks in FIDU account for slightly less than 13% of the $728 million in net assets. Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm. Alibaba and JD.com are both Chinese e-commerce businesses. Michael burry saw that ultimately fundamentals would bring the truth about the real value of these securities and many would plummet to zero! Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. RPT Realty is a company based in New York, in The United States of America. Wells Fargos contribution to his stocks is 5.39%, with a value of $7,545,000. Fundamental company data provided by Morningstar, updated daily. It indicates the company's profitability. The Geo Group is best known to own the immigrant detention centers in The United States. 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. We put 7 burning questions to top economist David Rosenberg. Ken Griffins, 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. 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. Indicates the relationship between the price performance of a share and the market. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The analyst noted that a focus on higher margin manufacturers and end markets was driving this improvement for NOW Inc. (NYSE:DNOW) that looked set to continue in 2022. Charter is not sitting still; the company is adapting via footprint expansion into underserved areas, price-advantaged mobile line growth, and so on. 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). Discovery Inc. is a massive multinational media chain originating from America. It has been a favorite hedge fund stock for years. Easily embed the chart on your blog or website it will always update SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. The company operates through three segments Las Vegas Strip Resorts, Regional Operations, and MGM China. Burry may have missed out on a big windfall by selling his stock, but he also avoided a dramatic decline. 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! Please visit the "Summary" page to see the top 10 holdings, recent stock picks, performance, sector / industry breakdown details, as well as past holding history summary for Michael Burry. For instance in 2015, by market capitalization, Wells Fargo became the worlds largest bank, leaving a very minimal margin with ICBC. Burry's Scion Asset Management also purchased 100,000 shares of MGM, a position worth $3.4 million at last quarter's close. Copyrights 2021-2023 Valuesider All rights reserved. The contribution of RPT Realty in his stock portfolio is 6.18% and has a substantial value of $8,650,000. 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. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July. Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm Berkshire Hathaway is a leading shareholder in The Kraft Heinz Company (NASDAQ:KHC) with 325 million shares worth more than $12 billion. The company has a sweeping influence on sellers of America, owning 49 shopping centers in the country in total, meaning that the land owned by RPT is approximately 11.9 million sq. The top 5 stocks still make up about 76% of the total . Considering revenue, WFC has been awarded the 30th position in the list of the worlds largest corporations, as reported by Fortune 500 in 2020. to generate high returns in the 20% to 30% range. 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. The investor of "The Big Short" fame may have spied value in beaten-down Chinese tech stocks. If you want to see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. Michael Burry is an American investor, and hedge fund manager. Click to skip ahead and . Burry manages Scion Asset Management with a portfolio value of . 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. Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. Most recent portfolio value is calculated to be $ 46,536,925 USD. In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. However, he sold up in August, bagging an estimated $68 million profit. Several other hedge funds also hold bullish positions in the company. Scion exited the wager during the next quarter, only to reinvest a few months later, filings show. 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. In light of this fact, we evaluated our investment in Kraft Heinz for impairment. 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. Equity method earnings (losses) included the effects of goodwill and identifiable intangible asset impairment charges recorded by Kraft Heinz. It's calculated by multiplying the share price by the number of outstanding shares. The current portfolio value is calculated to be $47.00 Mil. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. However, the ratio is difficult to compare between industries where common amounts of debt vary. 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. Michael Burry is capturing headlines recently for predicting another stock market crash. 9 min read. It is a real estate investment trust that functions and trades on a public level. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. The success of Burry is an exception in the world of finance that. However, many of the loans inside these mortgage Backed securities (MBS) were given to many home owners with bad credit and even no job! 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. 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 company is a new holding in the portfolio of Scion Asset Management. Yearly payout to shareholders per share. The company operates a regional airline in the United States and also leases regional jet aircraft and spare engines to third parties. 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. The carrying value of our investment was approximately $13.3 billion at December 31, 2020 and $13.8 billion at December 31, 2019. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. The Motley Fool has a disclosure policy. Congrats to all those Autopilot'ing the Burry Portfolio, you should be up on this position too . Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. He's also compared the stock market's rally this year to the dot-com bubble, and cautioned meme-stock buyers. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. Market cap divided by the revenue in the most recent year. Price to Book Ratio is the Market cap divided by the Book value of the company. automatically! In 2018, it gained an enormous revenue of $39.8 billion. 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. He was only holding Geo group Inc. stock in the second quarter of 2022. 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. 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? Portfolio 9 Options 0 Performance. Time will tell, but to paraphrase country music artist Merle Haggard, we do not yet think cables good times are really over for good.. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. In recent times, in its ownership, DISCA has added Food Network, Travel Channel, and HGTV. For example S&P 500 Index returned 43.4% in 1958. None. If you want to skip our detailed analysis of these stocks, go directly to the Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. Click to continue reading and see Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks. Qurate Retail, Inc. (NASDAQ:QRTEA) is engaged in the video and online commerce industries in North America, Europe and Asia. Scion Asset Managements Stake Value: $3,353,000. Therefore, it is safe to say that Michael Burrys wealth has accumulated through investment stocks. In the coming years, it can be said with conviction that Michael Burrys stocks portfolio is only to prosper more. As of June 30th, NOW had $269 million of cash and no debt ($497 million market cap), although if demand recovers as we expect, some cash will be reinvested in working capital. Its value in Michael Burrys current portfolio is a grand sum of $10,770,000. 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." Meta Platforms, Inc. (NASDAQ:FB) has featured in the Scion portfolio since early 2020. LUMN mainly flourishes in the information technology sector and industry. Israel Englanders Millennium Management is the leading stakeholder of the company, with 1.19 million shares worth $19.5 million. Michael Burry has suggested that the current surge in stocks resembles the dot-com bubble and could end in a similarly devastating crash. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. On January 10, Wells Fargo analyst Matthew Akers maintained an Equal Weight rating on Lockheed Martin Corporation (NYSE:LMT) stock and raised the price target to $379 from $340, underlining that new programs that were transitioning to production would cut the risks to legacy rotorcraft platforms marketed by the firm. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. When energy companies reduce activity, NOW suffers. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. 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. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Safe Stocks to Buy Hand Over Fist in 2023, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. Therefore, it seems to maintain a high position in the communications industry.