Pason and NOW represent our fourth and fifth investments in the energy sector. To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. Portfolio 9 Options 0 Performance. In which he had credit default swap short positions against "Mortgage Backed Securities. Michael Burry is an American investor, and hedge fund manager. The Motley Fool has a disclosure policy. In 2018, it gained an enormous revenue of $39.8 billion. Michael Burry is a successful investor, hedge fund manager, and physician. Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. In recent times, in its ownership, DISCA has added Food Network, Travel Channel, and HGTV. Diamond Hill Capital made the following comment about Wolverine World Wide, Inc. (NYSE:WWW) in its Q4 2022 investor letter: Footwear and apparel company Wolverine World Wide, Inc. (NYSE:WWW) underperformed as softer demand and elevated inventory levels have necessitated higher-than-expected promotional activity, weighing on near-term profitability. 'Big Short' investor Michael Burry warns of 'terrible consequences for According to Insider Monkeys third quarter database, 26 hedge funds were bullish on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), with combined stakes worth $704.2 million. The stock is currently selling for 66% of tangible book value. 15 Dividend Growth Stocks with Highest Rates, 10 Most Promising EV Battery Stocks to Buy. Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. It occupies a good share of 5.94% in his investments, totaling a value of $8,309,000. On its balance sheet, Berkshire carries the Kraft Heinz holding at a GAAP figure of $13.3 billion, an amount that represents Berkshires share of the audited net worth of Kraft Heinz on December 31, 2020. 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. NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. Michael Burry Stock Portfolio: 10 Stocks He Sold Michael Burry built new stakes in Alibaba, JD.com, and MGM Resorts last quarter. Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks It has shown grand returns as latest as reported in 2022, Dr. Michael Burrys holdings and portfolio are as large as approximately $104 million in AMU. Please visit the "Summary" page to see the top 10 holdings, recent stock picks, performance, sector / industry breakdown details, as well as past holding history summary for Michael Burry. During the third quarter, this position was sold off entirely. 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. At the end of 2022, Scion only held nine stocks, and 56% of his portfolio was invested in . Access your favorite topics in a personalized feed while you're on the go. Indicates the relationship between the price performance of a share and the market. 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. It has its workload revolving around acquisition and construction. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July. 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. Wolverine World Wide, Inc. (NYSE:WWW) is a Michigan-based company that manufactures, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite brands. Michael Burry Net Worth and Investment Portfolio 2023 - MoneyMade 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. The investor of "The Big Short" fame bought 50,000 . In short, a powerful new economic force is quietly building behind Joe Biden and Im confident Biden can harness this forces inevitable wave, carrying him to a LANDSLIDE re-election win. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. It is one of the most popular stocks among hedge funds. RPT Realty is the operator behind most shopping centers that are providing its services in open-air. Michael Burry - Wikipedia 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. Once that happened, Burry warned buyers of meme stocks they were signing up for the "mother of all crashes." The company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February. Charter is not sitting still; the company is adapting via footprint expansion into underserved areas, price-advantaged mobile line growth, and so on. 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. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. Along the way, I believe Biden could become one of the most powerful Presidents in history. Shares of The Kraft Heinz Company (NASDAQ:KHC) common stock are publicly-traded and the fair value of our investment was approximately $11.3 billion at December 31, 2020 and $10.5 billion at December 31, 2019. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. 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. The investments that this company makes are mainly in constructing and running prisons. 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. Market cap divided by the revenue in the most recent year. It's calculated by multiplying the share price by the number of outstanding shares. 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. 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. What did Warren Buffett Add to his Portfolio? | by Viranchi Aggarwal Learn More. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. 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. RPT Realty is a company based in New York, in The United States of America. Click to continue reading and see Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks. 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.. 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 video was published on Feb. 28, 2023. On February 2, SkyWest, Inc. (NASDAQ:SKYW) reported its fourth quarter results, falling short of Wall Street consensus. The beta of the portfolio is 1.13. My Top Michael Burry Stock to Buy Now in March, 1 Thing Everyone Missed About Alibaba's Quarter. 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.. LUMN mainly flourishes in the information technology sector and industry. In the third quarter, Scion bought a stake in NOW Inc. (NYSE:DNOW) again. Never miss a trade 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. The company has a sweeping influence on sellers of America, owning 49 shopping centers in the country in total, meaning that the land owned by RPT is approximately 11.9 million sq. ", The Scion boss shot to fame after his billion-dollar wager against the mid-2000s housing bubble was immortalized in the book and movie "The Big Short.". Replying to . And it means its going to be harder than ever to hold onto any money you make. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. Other products are safety supplies, drills, and paints. The services provided by Lumen Technologies encompass communications, cloud, and network services. 13F quarterly reports, 13D/G beneficial ownership reports and form 4 insider ownership change reports. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. We put 7 burning questions to top economist David Rosenberg. automatically! 'Big Short' Investor Michael Burry Says Expect 'Tuition Hikes' If We Even though Burry has repeatedly dismissed the hype around cryptocurrencies, he has since clarified that he has not been betting against them. By clicking Sign up, you agree to receive marketing emails from Insider It operates in two segments, Aerospace and Defense, and Real Estate. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. 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). Cost basis and return based on previous market day close. Wells Fargo and Company is an American multinational company, with offices spread out in the entire country. 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. However, despite many misconceptions he is currently not a Billionaire officially yet. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. So Im not quite sure why it has underperformed the broader market so significantly. All Rights Reserved. That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. The dividend is distributable on May 1, to shareholders of record on April 3. Disclosure. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). 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. Source: 13F filing, Author. On the other hand, its headquarters are stationed in California and Manhattan the two hubs of America. Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). Click to skip ahead and . In this article, we discuss the 4 best stock picks and portfolio performance of Michael Burry. In this article, we discuss 13 stocks that Michael Burry is buying and selling. Access your favorite topics in a personalized feed while you're on the go. If Warren Buffetts hedge fund didnt generate any outperformance (i.e. He has also cautioned that the Fed may hesitate to intervene in order to support asset prices, as it could intensify inflation. It contributes 5.49% of his stocks, and therefore, it has a value of $7,679,000. Yet Burry tweeted an apparent warningthat the agreement could end badly. Enjoy a 7-Day Free Trial Thru Mar 12, 2023! It's interesting to look at how Burry has constructed his portfolio to prepare for a stock market crash. It has been a favorite hedge fund stock for years. "The fall in wealth is unsurprising given the dramatic pivot in monetary policy that culminated in the worst performance for the traditional blended portfolio . For example S&P 500 Index returned 43.4% in 1958. Channels lying in the dominion of DISCA are Animal and Science Planet, Discovery Channel, and TLC. Here are the top ways the world's ultra-rich spent their money last 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. Scion exited the wager during the next quarter, only to reinvest a few months later, filings show. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Portfolio Period: Q3 13F Filing of 2022, Michael Burrys Portfolio Value: $41.30M, Read More: What Companies Does Volkswagen Own. Discovery Inc. is a massive multinational media chain originating from America. Alibaba and JD.com are both Chinese e-commerce businesses. The services falling under communications are voice coverage over a long-range, broadband, and ethernet provision, among others. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. Michael Burry (Scion Asset Management, LLC) Performance - Stockcircle 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. . Past performance is a poor indicator of future performance. SkyWest, Inc. (NASDAQ:SKYW) was incorporated in 1972 and is headquartered in St. George, Utah. Now Inc. is a company that has a significant role in the energy sector that supplies oil and gas globally to several markets. 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. According to Insider Monkey's data, 25 hedge funds were bullish on Qurate Retail, Inc. (NASDAQ:QRTEA) as of the end of September 2022, compared to 24 funds in the earlier quarter. Since 2013, Michael Burry's earnings have come from his second founded firm, Scion Asset Management. Some of the famous names that Burry sold in the third quarter include Alphabet Inc. (NASDAQ: ), among others. The value of Burry's portfolio jumped from about $3 million to over $41 million. It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. Read more:We put 7 burning questions to top economist David Rosenberg. BBBY has plummeted by more than 95% from its 2021 peak to below $2 a share today, reflecting the retailer's onerous debts, inventory woes, and warnings of potential bankruptcy. 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.