He's also known for betting againstElon Musk'sTeslaand Cathie Wood'sArk Innovation fund last year, and forinvestinginGameStop before it skyrocketed in January 2021 and kickstarted the meme-stock craze. "The fall in wealth is unsurprising given the dramatic pivot in monetary policy that culminated in the worst performance for the traditional blended portfolio . 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. 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. Invest better with The Motley Fool. It operates in two segments, Aerospace and Defense, and Real Estate. 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. Michael Burry dumps stock portfolio after market crash warnings 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. 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. 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. 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. Shares, change to shares, sold shares - split-adjusted. Michael Burry's New Stock Picks - Yahoo! ADS and ADR are traded on US stock exchanges but represent ownership of foreign-listed companies. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. Here you can find the latest trades based on Burry's 13F filings and insider trades. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. is originally published on Insider Monkey. 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. 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. SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. The investments that this company makes are mainly in constructing and running prisons. Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks is originally published on Insider Monkey. Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. Michael Burry is capturing headlines recently for predicting another stock market crash. Burry sold his position in the company during Q4 2022. 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. Here is what Weitz Partners Value Fund has to say about Charter Communications, Inc. (NASDAQ:CHTR) in its Q3 2022 investor letter: Liberty Broadbands primary asset is a 26% stake in Charter Communications (NASDAQ:CHTR). 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. Burry's purchases suggest he remained bullish last quarter. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. 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. Warren Buffett took 25% of all returns in excess of 6 percent. In light of this fact, we evaluated our investment in Kraft Heinz for impairment. These were called "NINJA loans": "No Income No Job". Uniti Group Inc. is a real estate investment trust, headquartered in America. We utilize no bright-line tests in such evaluations. The fund's top five holdings, which we analyze below, account for 72.2% of its total public equity exposure. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. SkyWest, Inc. (NASDAQ:SKYW) was incorporated in 1972 and is headquartered in St. George, Utah. 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. We initially share this idea in October 2018 and the stock already returned more than 150%. 9.47% 3-Year Performance. 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 reveals new stock bets after previously dumping entire 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.. 2004-2023 GuruFocus.com, LLC. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. The beta of the portfolio is 1.13. Is Alibaba Stock a Buy After Q4 Earnings? Following the Financial Crisis of 2008, he closed the firm to focus on his own personal investments. Burry's new positions are as follows: Charter Communications ( CHTR) CoreCivic Inc. ( CXW) Aerojet Rocketdyne Holdings Inc. ( AJRD) Liberty Latin America ( LILA) Qurate Retail ( QRTEA) In addition, Michael Burry increased his position in GEO Group ( GEO) by more than three times. 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. 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. Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. as well as other partner offers and accept our, Securities and Exchange Commission filing. that the reopening of China has led to an influx of investment in emerging market equities, causing record levels of inflows. 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 ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 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 . Michael Burry's Portfolio 2021 Analysis (November 2021) In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. As the Supreme Court considers President Joe Biden's student loan forgiveness plan, Burry wrote in a series . 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. The idea between these securities is risk was "supposed" to be diversified. To make the world smarter, happier, and richer. In Q4 2022, Michael Burry sold off his entire stake in Charter Communications, Inc. (NASDAQ:CHTR), worth $3 million. 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. He's now 51 years old. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks The business is highly predictable so there havent been any surprises on the operational front, and virtually all of its floating-rate debt has been swapped, thereby protecting it from this years rapid rise in interest rates. Pason and NOW represent our fourth and fifth investments in the energy sector. The analyst believes that Charter's investment approach is becoming more comprehensible. Wells Fargos contribution to his stocks is 5.39%, with a value of $7,545,000. Israel Englanders Millennium Management is the leading stakeholder of the company, with 1.19 million shares worth $19.5 million. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. In this article, we discuss 13 stocks that Michael Burry is buying and selling. 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 Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 And it means its going to be harder than ever to hold onto any money you make. Therefore, it is safe to say that Michael Burrys wealth has accumulated through investment stocks. Michael Burry, the prescient investor of "The Big Short" fame, issued a slew of dire predictions in 2022. It is a real estate investment trust that functions and trades on a public level. At the end of 2022, Scion only held nine stocks, and 56% of his portfolio was invested in . That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. These methods of labor are deployed to meet the needs of mission-critical communications infrastructure. Our largest energy holding is Helmerich & Payne, the nations largest drilling contractor. highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. 338.80% 5-Year Performance. The tweets of the investor have since been deleted, but remain a part of public record through the news outlets that covered them when they were made. The forward yield was 2.65%. Here are the top ways the world's ultra-rich spent their money last Nonetheless, it has still managed to attain over $386.9 million in Assets Under Management (AUM). A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. 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. In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. Disclosure. Discovery Inc. is a massive multinational media chain originating from America. The current portfolio value is calculated to be $47.00 Mil. If you want to read our detailed analysis of these stocks, go directly to the Michael Burry Stock . Michael Burry did not buy any new stocks in the current portfolio. Get our editors daily picks straight in your inbox! 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. MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. Reported in March of 2022 UNIT held more than 125,000 fiber route miles. 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 carrying value of our investment was approximately $13.3 billion at December 31, 2020 and $13.8 billion at December 31, 2019. 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. In Michael Burry's portfolio as of 31 Dec 2022, the top 5 holdings are (GEO) GEO GROUP INC/THE (25.02%), (BKI) BLACK KNIGHT INC (19.90%), (COHR) COHERENT CORP (11.31%), (BABA) ALIBABA GROUP HOLDING-SP ADR (9.46%) and (JD) JDCOM INC-ADR (9.05%). The company announced a Q4 non-GAAP loss per share of $0.93 and a revenue of $681.25 million, missing market estimates by $1.03 and $72.71 million, respectively. Qurate Retail Group is an American company, immersed and actively engaged in media usage to run a business venture. Michael Burry, the investor of "The Big Short" fame, slashed his US stock portfolio to a single holding in the second quarter, a Securities and Exchange Commission filing showed on Monday.. 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. Fundamental company data provided by Morningstar, updated daily. During 2000-2008, he logged returns, calculating up to 489.34%. Wells Fargo's Steven Cahall on January 30 increased Charter Communications, Inc. (NASDAQ:CHTR)s price target from $340 to $410 while maintaining an Equal Weight rating on the shares. It indicates the company's profitability. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm. 15 Dividend Growth Stocks with Highest Rates, 10 Most Promising EV Battery Stocks to Buy. 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. 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. 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 dividend is distributable on May 1, to shareholders of record on April 3. 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. The hedge fund sentiment around the securities was assessed from Insider Monkeys Q3 2022 database of around 920 elite funds. The company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February. Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). We remain attracted to WWWs strong collection of brands and its fragmented customer base.. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. It has shown grand returns - as latest as reported in 2022, Dr. Michael Burry's holdings and portfolio are as large as approximately $104 million in AMU. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. 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. Michael Burry is capturing headlines recently for predicting another stock market crash. Because of its high-end worth. However, despite many misconceptions he is currently not a Billionaire officially yet. 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. 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. SBC) and theres a line-of-sight to $300+ million (ex. Excluding options, the retailer was its number-two position after a nearly $12 million stake in GameStop, making BBBY a key piece of its $91 million portfolio. Registration on or use of this site constitutes acceptance of our. RPT Realty is a company based in New York, in The United States of America. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. 10 stocks we like better than Alibaba Group. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. 'Big Short' legend Michael Burry invested in Bed Bath & Beyond at least 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. Therefore, it seems to maintain a high position in the communications industry. 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. NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. 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. Michael Burry Portfolio 2023 Scion Asset Management - DATAROMA 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. It occupies a good share of 5.94% in his investments, totaling a value of $8,309,000. 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. Scion Asset Management | Michael Burry's 6 Stock Portfolio Analyzed Its value in Michael Burrys current portfolio is a grand sum of $10,770,000. Portfolio 9 Options 0 Performance. These returns have duly contributed to the exceptional Michael Burry portfolio. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. Ratio between share price and earnings per share. Just like Tesla, Inc. (NASDAQ:TSLA), Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:FB), Discovery, Inc. (NASDAQ:DISCA) and CVS Health Corporation (NYSE:CVS), Lockheed Martin Corporation (NYSE:LMT) is one of the stocks on the radar of elite investors. Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. 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. 10 Best Stocks to Buy According to Michael Burry - Yahoo! It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. Charter is not sitting still; the company is adapting via footprint expansion into underserved areas, price-advantaged mobile line growth, and so on. Scion exited the wager during the next quarter, only to reinvest a few months later, filings show. In this article, we discuss 13 stocks that Michael Burry is buying and selling. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock's spectacular rise and epic fall, Securities and Exchange Commission filings show. The fund switched out all but two of its six previous holdings; Geo Group and Qurate Retail were the only survivors. In 2018, it gained an enormous revenue of $39.8 billion. Other products are safety supplies, drills, and paints. 3 Reasons to Sell Your Defense Stocks Now | InvestorPlace 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. 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. 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. If you want to see more stocks in this selection, check out 5 Stocks Big . The success of Burry is an exception in the world of finance that. In the third quarter, Scion bought a stake in NOW Inc. (NYSE:DNOW) again. When considering our timing, we concluded, if not now, when? 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. Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 million. The stock is currently selling for 66% of tangible book value. 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. The popular investment manager has been vocal on social media telling investors to sell their stocks and. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are. feet. He launched his hedge fund in 1956 with $105,100 in seed capital. Please visit the "Current Portfolio" tab to see the current and past 13F holdings for Michael Burry, as well as holding map, 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 its Q4 2020 investor letter, RiverPark Advisors, LLC, an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. 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. Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees.