michael burry portfolio performance

14 min read. 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. Deutsche Bank analyst Carlo Santarelli on February 9 raised the firm's price target on MGM Resorts International (NYSE:MGM) to $53 from $49 and kept a Buy rating on the shares. 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. 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. This reopening followed nearly three years of restrictions on travel and commerce. In this regard, the Geo group has raised its value up to $7,488,000. A lower PEG could mean that a stock is undervalued. Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 million. 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. However, Burry once again closed the bet over the next three months, meaning he got out before the meme-stock boom in January 2021. The company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February. We utilize no bright-line tests in such evaluations. The Qurate group is not a traditional e-commerce platform, neither does it provide traditional stores in the marketplace and malls. In the third quarter of 2022, Michael Burry acquired 155,761 shares of Liberty Latin America Ltd. (NASDAQ:LILA) worth $958,000. 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. Michael Burry is one of the most famous & successful money managers in history & has a personal Net worth of over $300 Million. By clicking Sign up, you agree to receive marketing emails from Insider Michael Burry, the California-born hedge fund manager with a background in biology, is one of the names that fits this description. He has portfolio has 5.89% in ALL, giving it a value of $8,245,000 in his portfolio. 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). William Crowley, William Harker, and Stephen Blass, Steel City Capital made the following comment about Liberty Latin America Ltd. (NASDAQ:LILA) in its Q3 2022 investor, 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. Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. The hedge fund sentiment around the securities was assessed from Insider Monkeys Q3 2022 database of around 920 elite funds. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Pason and NOW represent our fourth and fifth investments in the energy sector. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. 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. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. 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.. In the fourth quarter of 2022, Burry sold the entirety of his stake in the company. The Geo Group is best known to own the immigrant detention centers in The United States. Back then they werent called hedge funds, they were called partnerships. Some of these brands are HSN, Garnet Hill, and Ballard Designs. In Q4 2022, Michael Burry sold off his entire stake in Charter Communications, Inc. (NASDAQ:CHTR), worth $3 million. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. 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. My Top Michael Burry Stock to Buy Now in March | Super Investors. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. 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. The services provided by Lumen Technologies encompass communications, cloud, and network services. Out of these private investment funds, investors may be individuals with high net worth, a fund of hedge funds, and organizations indulged in charity work. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. However, the ratio is difficult to compare between industries where common amounts of debt vary. Source: 13F filing, Author. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. 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 saw that ultimately fundamentals would bring the truth about the real value of these securities and many would plummet to zero! The Motley Fool recommends Coherent. 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. Indicates a company's profitability in relation to its total assets. NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. 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? 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 . Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. In 2018, it gained an enormous revenue of $39.8 billion. The analyst believes that Charter's investment approach is becoming more comprehensible. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies.. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. The percentage indicates the payout in relation to the share price. 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. 10 stocks we like better than Alibaba Group. 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. 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. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. Gurus may be added or dropped from the GuruFocus site at any time. Market experts who closely follow Burry claim that this is a sign that he is preparing for a crash. Western Digital Corporation is a company based in The United States of America that specializes in computer memory. 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. You can get rich by returning 20% per year and compounding that for several years. As the Supreme Court considers President Joe Biden's student loan forgiveness plan, Burry wrote in a series . The top 5 stocks still make up about 76% of the total . 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. The company sells these stocks too, which generally are pipes, valves, tools, and instruments. 9 min read. Currently, the most significant of these is our investment in the common stock of The Kraft Heinz Company (Kraft Heinz). The good news is, this powerful new force can help you make a lot of money even in a bear market. $48 Million Total portoflio value. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. 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. These methods of labor are deployed to meet the needs of mission-critical communications infrastructure. 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. 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. Burry recently. 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. During the years 2000-2008, Scion Capital made 489.34% returns which added to the monetary gains of Burry. 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. 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. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. 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. Lockheed Martin Corporation (NYSE:LMT) operates as an aerospace and defense firm. However, many of the loans inside these mortgage Backed securities (MBS) were given to many home owners with bad credit and even no job! To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. Following the Financial Crisis of 2008, he closed the firm to focus on his own personal investments. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. The company is a new holding in the portfolio of Scion Asset Management. 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. Never miss a trade Berkshire and its subsidiaries hold investments in certain businesses that are accounted for pursuant to the equity method. 9.47% 3-Year Performance. Michael Burry, the hedge fund . 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. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. This stake is worth more than $1.1 million and consists of 150,000 shares. 214.91% 10-Year Performance . He was born in San Jose, California on June 19, 1971. Wood took Burry head-on when his bearish bets against ARK Innovation ETF (NYSE:ARKK) were made public, going on Twitter to say that Burry did not understand the fundamentals creating explosive growth and opportunities in the innovation space. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Most recent portfolio value is calculated to be $ 46,536,925 USD. 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. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. Disclosure. Burry had accurately predicted the collapse of both these bubbles. 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. If you want to see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. 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. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. SkyWest, Inc. (NASDAQ:SKYW) was incorporated in 1972 and is headquartered in St. George, Utah. We initially share this idea in October 2018 and the stock already returned more than 150%. Get our editors daily picks straight in your inbox! Michael Burry is capturing headlines recently for predicting another stock market crash. 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. 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! 1-Year Performance. 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%). 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. If you want to read about some stocks to sell per Burry, go directly to Michael Burry Stock Portfolio: 5 Stocks He . The dividend is distributable on May 1, to shareholders of record on April 3. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. That means much bigger government. Please visit the "Current Portfolio" tab to see the current and past 13F holdings for Michael Burry, as well as holding map, Some of the famous names that Burry sold in the third quarter include Alphabet Inc. (NASDAQ: ), among others. None. A higher ratio indicates a higher risk. The Asia Pacific and Africa are also other countries where LUMN operates. 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. Registration on or use of this site constitutes acceptance of our. 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. 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. 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.. The rate at which the company's net income has increased to the same quarter one year ago. In a free sample issue of our monthly newsletter we analyzed Warren Buffetts stock picks covering the 1999-2017 period and identified the best performing stocks in Warren Buffetts portfolio. Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio 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. Here is what the fund said: Despite better-than-expected third quarter results, LMT shares were weak for the quarter as defense spending is expected to be flat for the coming year. To see the historical data of Scion Asset Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. 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. We remain attracted to WWWs strong collection of brands and its fragmented customer base.. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. Since 2013, Michael Burrys earnings have come from his second founded firm, Scion Asset Management. On January 9, Truist analyst Michael Ciarmoli raised the firm's price target on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) to $58 from $45. 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.. The Partnership has been a buyer at these levels., Scion Asset Managements Stake Value: $2,063,750. Making the world smarter, happier, and richer. We initially share this idea in October 2018 and the stock already returned more than 150%. 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. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. QRTEA consists of seven brands that are always ahead of its competing forces. In which he had credit default swap short positions against "Mortgage Backed Securities. William Crowley, William Harker, and Stephen Blass Ashe Capital held the leading position in the company. Michael Burry is a successful investor, hedge fund manager, and physician. He launched his hedge fund in 1956 with $105,100 in seed capital. Portfolio 9 Options 0 Performance. 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. Defensive positioning is the current theme of his portfolio . Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. However, he sold up in August, bagging an estimated $68 million profit. 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. My Top Michael Burry Stock to Buy Now in March, 1 Thing Everyone Missed About Alibaba's Quarter. The answer is water. Other products are safety supplies, drills, and paints. Burry first bought a stake in NOW Inc. (NYSE:DNOW) in the fourth quarter of 2020. 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. These are known to operate beyond the U.S. borders. 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 invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. 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. We see several investors trying to strike it rich in options market by risking their entire savings. Michael Burry added SkyWest, Inc. (NASDAQ:SKYW) to his Q4 portfolio by acquiring 125,000 shares worth $2.06 million. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. Even though Burry has repeatedly dismissed the hype around cryptocurrencies, he has since clarified that he has not been betting against them. Scion opened a new position in The Kraft Heinz Company (NASDAQ:KHC) during the fourth quarter of 2020, buying nearly 600,000 shares at an average price of $32.46 per share. , an asset management firm, highlighted a few stocks and Meta Platforms, Inc. (NASDAQ: 10 Best Bank and Finance Stocks to Buy According to Mario Gabelli, 10 Best SPACs to Invest In According to Reddit. RPT Realty is a company based in New York, in The United States of America. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. He added to the stake by 71% during the second quarter of 2021, buying nearly a million shares at an average price of $320 per share before selling off the position entirely during the third quarter. Yearly payout to shareholders per share. We believe the financial strength of our holdings is far above the typical energy company. . The fund's top five holdings, which we analyze below, account for 72.2% of its total public equity exposure. Having its headquarters located in California, it functions with only six clients in total. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products.

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michael burry portfolio performance