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Our largest energy holding is Helmerich & Payne, the nations largest drilling contractor. 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. 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. 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. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. In the third quarter of 2022, Michael Burry acquired 155,761 shares of Liberty Latin America Ltd. (NASDAQ:LILA) worth $958,000. 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. 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. 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. 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. 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. However, the ratio is difficult to compare between industries where common amounts of debt vary. That means much bigger government. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. He maintained a Hold rating on the shares. Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. Liberty Latin America Ltd. (NASDAQ:LILA) provides fixed, mobile, and subsea telecommunications services. Therefore, it is safe to say that Michael Burrys wealth has accumulated through investment stocks. Yet Burry tweeted an apparent warningthat the agreement could end badly. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. 338.80% 5-Year Performance. 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 Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. We utilize no bright-line tests in such evaluations. If you want to read our detailed analysis of these stocks, go directly to the Michael Burry Stock . He founded the hedge fund Scion Capital, which he ran from 2000 until 2008. The top 5 stocks still make up about 76% of the total . In 2018, it gained an enormous revenue of $39.8 billion. It's calculated by multiplying the share price by the number of outstanding shares. Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. Learn More. 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. However, Burry once again closed the bet over the next three months, meaning he got out before the meme-stock boom in January 2021. 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. Ratio between share price and earnings per share. Michael Burry Performance Scion Asset Management, LLC Portfolio Never miss a trade. Now Inc. is a company that has a significant role in the energy sector that supplies oil and gas globally to several markets. 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. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. Wall Street doomsayer Michael Burry scooped up a handful of select companies - months after the hedge fund titan dumped his entire stock portfolio. Discovery Inc. is a massive multinational media chain originating from America. 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 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. Market cap divided by the revenue in the most recent year. 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. 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. Today, Burry still regularly invests through his fund Scion Asset Management, although he's pretty choosy. 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. Wells Fargo and Company is an American multinational company, with offices spread out in the entire country. So Im not quite sure why it has underperformed the broader market so significantly. This investment adviser does not provide advice to individual investors. Among the hedge funds being tracked by Insider Monkey, New York-based firm Millennium Management is a leading shareholder in Lockheed Martin Corporation (NYSE:LMT) with 561,512 shares worth more than $193 million. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. In light of this fact, we evaluated our investment in Kraft Heinz for impairment. According to Insider Monkeys Q3 data, 17 hedge funds were long CoreCivic, Inc. (NYSE:CXW), with combined stakes worth $57.4 million. The five defense stocks in FIDU account for slightly less than 13% of the $728 million in net assets. Here is what the firm said: We exclude our The Kraft Heinz Company (NASDAQ:KHC) holding 325,442,152 shares (In the list of 15 common stock investments that at yearend were our largest in market value) because Berkshire is part of a control group and therefore must account for that investment using the equity method. Past performance is a poor indicator of future performance. Michael Burry is a successful investor, hedge fund manager, and physician. 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 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. The Geo Group is best known to own the immigrant detention centers in The United States. However, despite many misconceptions he is currently not a Billionaire officially yet. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Michael Burry is one of the most famous & successful money managers in history & has a personal Net worth of over $300 Million. A Michael Burry expert breaks down what makes the 'Big Short' investor special. 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. Stocks of Now Inc. include products that cater to the needs of up and downstream and midstream. 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. 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. However, we will continue to monitor this investment and it is possible that an impairment loss will be recorded in earnings in a future period based on changes in facts and circumstances or intentions.. 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. Portfolio value: $46M+ Period: 2022 Q4 Number of stock: 9 Update: 14 Feb 2023 Important RPT Realty is the operator behind most shopping centers that are providing its services in open-air. The total net worth of Michael Burry comes out to be $300 million. 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.. Time will tell, but to paraphrase country music artist Merle Haggard, we do not yet think cables good times are really over for good.. Michael Burry has invested in some of the most spread-out and wealthiest companies in all the U.S. "It's time memesters look up what a death spiral convertible is," he said. When our award-winning analyst team has a . Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio Charter is not sitting still; the company is adapting via footprint expansion into underserved areas, price-advantaged mobile line growth, and so on. The popular investment manager has been vocal on social media telling investors to sell their stocks and take a defensive position. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. The investor of "The Big Short" fame quadrupled his stake in Geo Group, which invests in private prisons and mental-health facilities, to just over 2 million shares worth $15.5 million at the end of September. 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. 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. Overall, Scion grew its US stock portfolio from six positions to nine, and its total value swelled by 13% to about $47 million. He has portfolio has 5.89% in ALL, giving it a value of $8,245,000 in his portfolio. Burry was referring to a situation where a shareholder keeps converting preferred stock into common stock at a discount to the market price, then sells the resulting shares, driving the stock price ever lower. Michael Burry built new stakes in Alibaba, JD.com, and MGM Resorts last quarter. Qurate Retail, Inc. (NASDAQ:QRTEA) is engaged in the video and online commerce industries in North America, Europe and Asia. The company operates a regional airline in the United States and also leases regional jet aircraft and spare engines to third parties. 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. 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. Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. 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. Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. On the other hand, its headquarters are stationed in California and Manhattan the two hubs of America. valuations for each stock, which positions are undervalued, have low PE Ratios, are considered high quality and recently traded at This stake is worth more than $1.1 million and consists of 150,000 shares. Scion has sold off some of these stakes in the third quarter but they have been included in the list as they remained in the Scion portfolio for the first half of 2021. Read more:A Michael Burry expert breaks down what makes the 'Big Short' investor special. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. Berkshire and its subsidiaries hold investments in certain businesses that are accounted for pursuant to the equity method. The locations of these centers are Florida, Chicago, Minnesota, and Ohio. If you want to see more stocks in this selection, check out 5 Stocks Big . 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). WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. is a leading shareholder in Lockheed Martin Corporation (NYSE:LMT) with 561,512 shares worth more than $193 million. Burry's Scion Asset Management also purchased 100,000 shares of MGM, a position worth $3.4 million at last quarter's close. The companies that featured in the Scion Asset Management portfolio in filings for the first, second, and third quarter of 2021 were selected and sorted based on the gains in share price in 2021. It was recorded between 2015 and 2016, that fundholding maximized to $100 million. To see the historical data of Scion Asset Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. 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. Burry opened a new position in Meta Platforms, Inc. (NASDAQ:FB) in the first quarter of 2021 after selling off the previous stake in late 2020. It has its workload revolving around acquisition and construction. Burry swapped out all but two of the holdings in his US stock portfolio. During the years 2000-2008, Scion Capital made 489.34% returns which added to the monetary gains of Burry. The video was published on Feb. 28, 2023. 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. Never miss a trade When considering our timing, we concluded, if not now, when? I believe it will make millions of Americans vastly wealthier. 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. The services provided by Lumen Technologies encompass communications, cloud, and network services. Alibaba and JD.com are both Chinese e-commerce businesses. On January 27, Charter Communications, Inc. (NASDAQ:CHTR) reported a Q4 GAAP EPS of $7.69 and a revenue of $13.67 billion, missing Wall Street estimates by $1.08 and $60 million, respectively. 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. is originally published on Insider Monkey. Michael Burry, the hedge fund . Defensive positioning is the current theme of his portfolio . Indicates the relationship between the price performance of a share and the market. It functions as a cable operator and broadband connectivity provider, catering to both residential and commercial clients in the United States. 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. Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm. Making the world smarter, happier, and richer. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies 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. This reopening followed nearly three years of restrictions on travel and commerce. Burry first bought a stake in NOW Inc. (NYSE:DNOW) in the fourth quarter of 2020. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. He has also cautioned that the Fed may hesitate to intervene in order to support asset prices, as it could intensify inflation. Indicates a company's profitability in relation to its total assets. However, many of the loans inside these mortgage Backed securities (MBS) were given to many home owners with bad credit and even no job! In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Meta Platforms, Inc. (NASDAQ:FB) was one of them. We see several investors trying to strike it rich in options market by risking their entire savings. 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. Its value in Michael Burrys current portfolio is a grand sum of $10,770,000. Price to Book Ratio is the Market cap divided by the Book value of the company. Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. feet. date of 2022-12-31. Most recent portfolio value is calculated to be $ 46,536,925 USD. Burry stopped betting against Cathie Wood's ARK and Tesla. 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.. 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. Along with Tesla, Inc. (NASDAQ:TSLA), ARK Innovation ETF (NYSE:ARKK), Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:FB), Discovery, Inc. (NASDAQ:DISCA), CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS), NOW Inc. (NYSE:DNOW) is one of the stocks that hedge funds are buying. Earlier in August, Burry had also sparred with Wood. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products. He's also compared the stock market's rally this year to the dot-com bubble, and cautioned meme-stock buyers. In the third quarter, Scion bought a stake in NOW Inc. (NYSE:DNOW) again. The next. Since 2014, Wells Fargo has markedly been on top of many banking lists, successfully extending its operations to more customers and clients with each passing day. Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. 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. Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 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. The investor of "The Big Short" fame bought 50,000 . 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%). Michael Burry did not buy any new stocks in the current portfolio. 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. It is reported that in GameStop, he reported 1.7 million shares, and his returns peaked at a value of $271 million. On February 8, Wolverine World Wide, Inc. (NYSE:WWW) declared a $0.10 per share quarterly dividend, in line with previous. 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. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. 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. In November, he surfaced on Twitter to remind his followers that Musk, who had been selling his Tesla, Inc. (NASDAQ:TSLA) stock as part of a plan to showcase his commitment to charity, just liked selling his stock because it was trading too high. 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. DISCA contributes largely to his investments, having a numeral share of 5.38% and a value of $7,523,000. It is one of the service providers of wireless functions and operations and is currently at the forefront of such providers. 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. 9 min read. Uniti Group Inc. is a real estate investment trust, headquartered in America. The products that Burrys company provides to its customers include a wide range of Institutional Advisory Services and Investment Products. Michael Burry is widely known for predicting the 2008 Financial Crisis & Housing bubble, popularised in the Oscar Winning Movie "The Big Short" (2015). The forward yield was 2.65%. 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. Michael Burry is an American investor, and hedge fund manager. The services falling under communications are voice coverage over a long-range, broadband, and ethernet provision, among others. He has previously advised investors to "sell" and warned that the S&P 500 could drop by over 50% to around 1,900 points. to generate high returns in the 20% to 30% range. Burry's total holdings now total $41,298,000 in value and has six total positions after adding five new positions in the three months after the second quarter filing. . The video was published on Feb. 16, 2023. 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. It operates in two segments, Aerospace and Defense, and Real Estate. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. Warren Buffett has been investing and compounding for at least 65 years. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. The success of Burry is an exception in the world of finance that. The popular investment manager has been vocal on social media telling investors to sell their stocks and. Michael Burry. 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. GuruFocus.com is not operated by a broker or a dealer. Shares, change to shares, sold shares - split-adjusted. Michael Burry is a legendary investor & hedge fund manager. That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. I believe he will not only run again next year, but could win a 2nd Presidential term and by a LANDSLIDE.