michael burry portfolio performance

Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. 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. 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. 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. Is Alibaba Stock a Buy After Q4 Earnings? In this article, we discuss the 10 stocks to sell according to Michael Burry. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS). This years free cash flow guide is for $120 million (ex. Michael Burry is an American investor, and hedge fund manager. In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. 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. The video was published on Feb. 16, 2023. It is also in the lead of the mobile and social commerce race. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. It contributes 5.49% of his stocks, and therefore, it has a value of $7,679,000. 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. As the Supreme Court considers President Joe Biden's student loan forgiveness plan, Burry wrote in a series . Equity method earnings (losses) included the effects of goodwill and identifiable intangible asset impairment charges recorded by Kraft Heinz. Now Inc an American company whose parent company is Distribution Now makes 7.7% of his portfolio. Feb 9. Now Inc. is a company that has a significant role in the energy sector that supplies oil and gas globally to several markets. Ratio between share price and earnings per share. is originally published on Insider Monkey. 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. 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. Here you can find the latest trades based on Burry's 13F filings and insider trades. The Motley Fool recommends Coherent. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. 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. 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. It provides internet, video, mobile, and voice services through a subscription-based model, as well as a range of broadband connectivity services such as fixed internet, WiFi, and mobile, along with a security suite. 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. 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. You can enter your email below to get our FREE report. The five defense stocks in FIDU account for slightly less than 13% of the $728 million in net assets. Wells Fargos contribution to his stocks is 5.39%, with a value of $7,545,000. The contribution of RPT Realty in his stock portfolio is 6.18% and has a substantial value of $8,650,000. highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. 1-Year Performance. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. His opinions remain his own and are unaffected by The Motley Fool. When considering our timing, we concluded, if not now, when? To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. Cost basis and return based on previous market day close. Several elite hedge funds are bullish on the company as a new fiscal year begins. The next. In this article, we discuss 13 stocks that Michael Burry is buying and selling. SBC) and theres a line-of-sight to $300+ million (ex. That would have been 9.35% in hedge fund fees. 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. 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. And still the door is only so big.". The company operates through three segments Las Vegas Strip Resorts, Regional Operations, and MGM China. 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.. The hedge fund sentiment around the securities was assessed from Insider Monkeys Q3 2022 database of around 920 elite funds. Yet Burry tweeted an apparent warningthat the agreement could end badly. A buying frenzy drove BBBY shares as high as $43 during that period; if Burry had kept his million shares, they would have briefly quadrupled in value to $43 million. The popular investment manager has been vocal on social media telling investors to sell their stocks and. The answer is water. Click to skip ahead and . The forward yield was 2.65%. On the other hand, its headquarters are stationed in California and Manhattan the two hubs of America. Warren Buffett has been investing and compounding for at least 65 years. The Partnership has been a buyer at these levels., Scion Asset Managements Stake Value: $2,063,750. Through a vast network of 245 locations, NOWs 300,000 SKU product offering addresses all segments of the energy value chain, from upstream E&Ps to midstream infrastructure to downstream refining, in addition to industrial end markets including chemicals, mining, utilities, and manufacturing. Burry's new positions are as follows: Charter Communications ( CHTR) CoreCivic Inc. ( CXW) Aerojet Rocketdyne Holdings Inc. ( AJRD) Liberty Latin America ( LILA) Qurate Retail ( QRTEA) In addition, Michael Burry increased his position in GEO Group ( GEO) by more than three times. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. 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. Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. Data from around 900 elite hedge funds tracked by Insider Monkey was used to identify the number of hedge funds that hold stakes in each firm. Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. He has even said that he even owns some coins. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. 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 information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. 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. It was recorded between 2015 and 2016, that fundholding maximized to $100 million. It's interesting to look at how Burry has constructed his portfolio to prepare for a stock market crash. Please visit the "Stock Picks" tab to see the latest guru trades and stock picks for Michael Burry, which include data from 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 investor of "The Big Short" fame may have spied value in beaten-down Chinese tech stocks. During the quarter, the company announced decisions to simplify its brand portfolio and reduce its workforce initiatives aimed at generating cost savings. 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 see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. By clicking Sign up, you agree to receive marketing emails from Insider 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. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. Currently, the most significant of these is our investment in the common stock of The Kraft Heinz Company (Kraft Heinz). Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. At its recent price of only $30 per share, we believe MGMs valuation is compelling at only 6 times 2023 estimated cash flow., Scion Asset Managements Stake Value: $3,892,184. Alibaba and JD.com are both Chinese e-commerce businesses. 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. 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. 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. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Of the six clients of the firm, one is an insurance company, and the rest are private investment funds. Mortgage Backed Securities (MBS) are a collection of Home loan mortgages compiled together to create an investment security. Net income divided by revenue of the last 4 quarters. 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. Read more:A Michael Burry expert breaks down what makes the 'Big Short' investor special. 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. The analyst believes that Charter's investment approach is becoming more comprehensible. 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. Michael Burry is capturing headlines recently for predicting another stock market crash. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. Enjoy a 7-Day Free Trial Thru Mar 12, 2023! And it means its going to be harder than ever to hold onto any money you make. 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. 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. The company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July. We remain attracted to WWWs strong collection of brands and its fragmented customer base.. Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. 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 Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). He has previously advised investors to "sell" and warned that the S&P 500 could drop by over 50% to around 1,900 points. Analytical Laboratory Instrument Manufacturing, Crude Petroleum and Natural Gas Extraction, All Other Miscellaneous Chemical Product and Preparation Manufacturing, Biological Product (except Diagnostic) Manufacturing, Semiconductor and Related Device Manufacturing, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers, Offices of Real Estate Agents and Brokers, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Commercial and Institutional Building Construction. Defensive positioning is the current theme of his portfolio . Burry had accurately predicted the collapse of both these bubbles. Scion exited the wager during the next quarter, only to reinvest a few months later, filings show. Dr. Burry subsequently closed the Scion Capital fund and has since launched his latest fund, Scion Asset Management. These methods of labor are deployed to meet the needs of mission-critical communications infrastructure. 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. In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. My Top Michael Burry Stock to Buy Now in March, 1 Thing Everyone Missed About Alibaba's Quarter. 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 success of Burry is an exception in the world of finance that. 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. William Crowley, William Harker, and Stephen Blass Ashe Capital held the leading position in the company. We initially share this idea in October 2018 and the stock already returned more than 150%. So, how did Warren Buffett manage to generate high returns and beat the market? 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.. 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. As per 13F filings for the fourth quarter of 2022, Burry sold off his stake in CoreCivic, Inc. (NYSE:CXW), worth $6.40 million. 10 stocks we like better than Alibaba Group. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. 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. If you choose to subscribe throughfool.com/parkev, he will earn some extra money that supports his channel. In its Q4 2020 investor letter, Berkshire Hathaway highlighted a few stocks and The Kraft Heinz Company (NASDAQ:KHC) was one of them. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. Other services imparted, cater to voice coverage and security. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. 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). Sorry, no results has been found matching your query. Michael Burry is a legendary investor & hedge fund manager. Refer a Friend and Earn One Month of Free Membership. a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything. Registration on or use of this site constitutes acceptance of our. If you want to read about some stocks to sell per Burry, go directly to Michael Burry Stock Portfolio: 5 Stocks He . The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Safe Stocks to Buy Hand Over Fist in 2023, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. We initially share this idea in October 2018 and the stock already returned more than 150%. WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. 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 total net worth of Michael Burry comes out to be $300 million. He was only holding Geo group Inc. stock in the second quarter of 2022. 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. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. *Average returns of all recommendations since inception. 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.

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