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 Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS). WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. Burry swapped out all but two of the holdings in his US stock portfolio. Indicates a company's profitability in relation to its total assets. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies.. 'Big Short' Star Michael Burry Bought Alibaba, MGM, JD.com Stock in Q4 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. 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). A high ratio could indicate that the stock is overvalued or investors are expecting high growth. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. Click to skip ahead and . Since 2013, Michael Burry's earnings have come from his second founded firm, Scion Asset Management. Michael Burry's Portfolio 2021 Analysis (November 2021) Portfolio Period: Q3 13F Filing of 2022, Michael Burrys Portfolio Value: $41.30M, Read More: What Companies Does Volkswagen Own. SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. Western Digital Corporation is a company based in The United States of America that specializes in computer memory. Because of its high-end worth. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. Read the original article on Business Insider. 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. Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. Despite his education in both economics and medicine, Burry currently chooses to practice the former. The success of Burry is an exception in the world of finance that. He's also known for investingin GameStop before it became a meme stock,betting against Elon Musk's Tesla and Cathie Wood's flagship Ark fund last year, and making grim predictions about market crashes and economic catastrophes. Time will tell, but to paraphrase country music artist Merle Haggard, we do not yet think cables good times are really over for good.. 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. However, he sold up in August, bagging an estimated $68 million profit. Because of its widespread worth for The U.S. government, it has managed to own 129 facilities and 95,000 beds for this purpose. It's interesting to look at how Burry has constructed his portfolio to prepare for a stock market crash. I believe he will not only run again next year, but could win a 2nd Presidential term and by a LANDSLIDE. 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. In the coming years, it can be said with conviction that Michael Burrys stocks portfolio is only to prosper more. 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. 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. Its distributions are conferred to many international countries, including Canada. Berkshire currently owns 325,442,152 shares of Kraft Heinz common stock representing 26.6% of the outstanding shares. As early as February 2021, when the post-pandemic economic recovery had yet to fully take-off, Burry took to Twitter to sound the alarm bells over a historic crash, noting that the markets were dancing on a knifes edge as valuations soared and debt margins increased. SBC) and theres a line-of-sight to $300+ million (ex. 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. Currently, the most significant of these is our investment in the common stock of The Kraft Heinz Company (Kraft Heinz). Michael Burry did not buy any new stocks in the current portfolio. He also scooped up 75,000 American Depositary Receipts (ADR) of JD.com, worth $4.2 million at the end of last year. Warren Buffett has been investing and compounding for at least 65 years. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. Michael Burry Portfolio (2022 Q4) - Scion Asset Management - Valuesider 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. Once that happened, Burry warned buyers of meme stocks they were signing up for the "mother of all crashes." Most recent portfolio value is calculated to be $ 46,536,925 USD. Discovery Inc. is a massive multinational media chain originating from America. . . Michael Burry's New Stock Picks - Yahoo! In addition to that, it also owns 7 million fiber strand miles and many other components of the communication sector throughout The States. 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. 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. The average profit margin of the companies in this portfolio is 9.11%. Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. 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). Burry then added to that stake in the first and second quarter of 2021, increasing it by 99% and 21% respectively. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. Several elite hedge funds are bullish on the company as a new fiscal year begins. It is safe to say, it can also produce world-class SSDs thereby, having close competition with Micron Technology, as well as Seagate Technology. MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. To add to its success story, it is one of the 10 best e-commerce companies in America. 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's also compared the stock market's rally this year to the dot-com bubble, and cautioned meme-stock buyers. 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.. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. On February 2, SkyWest, Inc. (NASDAQ:SKYW) reported its fourth quarter results, falling short of Wall Street consensus. However, they were still rated AAA (Investment grade) by many credit Agencies! Of the six clients of the firm, one is an insurance company, and the rest are private investment funds. 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. Reported in March of 2022 UNIT held more than 125,000 fiber route miles. 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. At the end of 2022, Scion only held nine stocks, and 56% of his portfolio was invested in . 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. He cashed out all of his BBBY shares by mid-August, making roughly $110 million. Here are the top ways the world's ultra-rich spent their money last Read more:A Michael Burry expert breaks down what makes the 'Big Short' investor special. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. Dr. Burry subsequently closed the Scion Capital fund and has since launched his latest fund, Scion Asset Management. 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. SkyWest, Inc. (NASDAQ:SKYW) was incorporated in 1972 and is headquartered in St. George, Utah. . 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. Some of these brands are HSN, Garnet Hill, and Ballard Designs. 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. to generate high returns in the 20% to 30% range. 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. 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. Burry recently. Never miss a trade It was recorded between 2015 and 2016, that fundholding maximized to $100 million. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. At the time, the legendary investor bought 1.5 million shares of NOW Inc. (NYSE:DNOW) at an average price of $5.63 per share. Please visit the "Current Portfolio" tab to see the current and past 13F holdings for Michael Burry, as well as holding map, It functions as a cable operator and broadband connectivity provider, catering to both residential and commercial clients in the United States. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. The answer is water. Gurus may be added or dropped from the GuruFocus site at any time. 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 company has been thriving since 1993 and is venturing into Canada too. Michael Burry, the prescient investor of "The Big Short" fame, issued a slew of dire predictions in 2022. feet. "It's time memesters look up what a death spiral convertible is," he said. The locations of these centers are Florida, Chicago, Minnesota, and Ohio. Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. In the fourth quarter of 2022, Burry sold the entirety of his stake in the company. 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. Berkshire and its subsidiaries hold investments in certain businesses that are accounted for pursuant to the equity method. 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. Michael Burry built new stakes in Alibaba, JD.com, and MGM Resorts last quarter. The Motley Fool recommends Coherent. as well as other partner offers and accept our, Securities and Exchange Commission filing. For FY 2023, the company expects net income to range from $58.0 million to $75.0 million, FFO per diluted share of $1.35 to $1.50, diluted EPS of $0.50 to $0.65, and EBITDA between $298.5 million to $313.5 million. It is one of the most popular stocks among hedge funds. The investments that this company makes are mainly in constructing and running prisons. 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. 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. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Williams Trading analyst Sam Poser on January 16 upgraded Wolverine World Wide, Inc. (NYSE:WWW) to Buy from Hold with a price target of $18, up from $13. It operates in two segments, Aerospace and Defense, and Real Estate. The active rig count in the U.S. is at all-time lows. It deals with providing the best investments to its clients to raise the status of their portfolios by giving them guidance on what products to choose. Wells Fargos contribution to his stocks is 5.39%, with a value of $7,545,000. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. The good news is, this powerful new force can help you make a lot of money even in a bear market. 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. 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). 9 min read. 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. 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 this article, we discuss 13 stocks that Michael Burry is buying and selling. 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. Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. QRTEA consists of seven brands that are always ahead of its competing forces. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. 15 Dividend Growth Stocks with Highest Rates, 10 Most Promising EV Battery Stocks to Buy. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm. The Geo Group is best known to own the immigrant detention centers in The United States. 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. The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. Copyrights 2021-2023 Valuesider All rights reserved. Wells Fargo and Company is an American multinational company, with offices spread out in the entire country. @burrytracker. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are. Invest better with The Motley Fool. 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 . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. The company operates a regional airline in the United States and also leases regional jet aircraft and spare engines to third parties. 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. And still the door is only so big.". Michael Burry's 2022 Portfolio: Top 5 Stock Picks , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. 9.47% 3-Year Performance. You can enter your email below to get our FREE report. Price to Book Ratio is the Market cap divided by the Book value of the company. That would have been 9.35% in hedge fund fees. Michael Burry - Scion Asset Management, LLC - Portfolio Holdings - Fintel Among the hedge funds being tracked by Insider Monkey, New York-based firm. 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. 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. It owns and manages casino, hotel, and entertainment resorts in the United States and Macau. If you want to read our detailed analysis of these stocks, go directly to the Michael Burry Stock . Here you can find the latest trades based on Burry's 13F filings and insider trades. Michael Burry reveals new stock bets after previously dumping entire Past performance is a poor indicator of future performance. 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. He has previously advised investors to "sell" and warned that the S&P 500 could drop by over 50% to around 1,900 points. Bank of America Global Research data. Therefore, it is safe to say that Michael Burrys wealth has accumulated through investment stocks.