He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. The contribution of RPT Realty in his stock portfolio is 6.18% and has a substantial value of $8,650,000. to generate high returns in the 20% to 30% range. Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 million. 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. 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. William Crowley, William Harker, and Stephen Blass Ashe Capital held the leading position in the company. Overall, Scion grew its US stock portfolio from six positions to nine, and its total value swelled by 13% to about $47 million. The carrying value of our investment was approximately $13.3 billion at December 31, 2020 and $13.8 billion at December 31, 2019. This investment adviser does not provide advice to individual investors. 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 is involved in choosing the best buyers across the world, selling products that depict a hidden story or have a deep meaning behind it. Widely known to function as a telecommunications company, Lumen Technologies is a company based in America. 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. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. Therefore, it is safe to say that Michael Burrys wealth has accumulated through investment stocks. To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. Michael Burry 13F Portfolio - Hedge Follow According to Insider Monkeys Q3 data, 68 hedge funds were long Charter Communications, Inc. (NASDAQ:CHTR), and Harris Associates held the biggest position in the company, comprising 4.3 million shares worth $1.3 billion. Michael Burry is widely known for predicting the 2008 Financial Crisis & Housing bubble, popularised in the Oscar Winning Movie "The Big Short" (2015). Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. 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 no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Following the Financial Crisis of 2008, he closed the firm to focus on his own personal investments. 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. Berkshire currently owns 325,442,152 shares of Kraft Heinz common stock representing 26.6% of the outstanding shares. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. 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 Read the original article on Business Insider. , 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. 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. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Western Digital Corporation is a company based in The United States of America that specializes in computer memory. He likely had no inkling that retail investors, eager to make some fast money and punish hedge funds, would pile into the stock and send it skyward. Despite his education in both economics and medicine, Burry currently chooses to practice the former. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. It is reported that in GameStop, he reported 1.7 million shares, and his returns peaked at a value of $271 million. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 Refer a Friend and Earn One Month of Free Membership. The 51-year-old Scion Asset Management founder Burry, immortalized in the 2015 movie "The Big Short," has become a trusted financial prognosticator ever since he boldly bet against the housing . 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). 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. 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. 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 been thriving since 1993 and is venturing into Canada too. Bank of America Global Research data. is a leading shareholder in Lockheed Martin Corporation (NYSE:LMT) with 561,512 shares worth more than $193 million. 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. Apparently, in 2004, Michael Burry had to stop taking on new work because he was already trying to handle $600 million. Registration on or use of this site constitutes acceptance of our. However, Burry once again closed the bet over the next three months, meaning he got out before the meme-stock boom in January 2021. Portfolio Period: Q3 13F Filing of 2022, Michael Burrys Portfolio Value: $41.30M, Read More: What Companies Does Volkswagen Own. Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. It was recorded between 2015 and 2016, that fundholding maximized to $100 million. . 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 dumps stock portfolio after market crash warnings 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). feet. These are known to operate beyond the U.S. borders. Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Liberty Latin America Ltd. (NASDAQ:LILA) provides fixed, mobile, and subsea telecommunications services. Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. He's also compared the stock market's rally this year to the dot-com bubble, and cautioned meme-stock buyers. These were called "NINJA loans": "No Income No Job". As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. RPT Realty is the operator behind most shopping centers that are providing its services in open-air. Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. Sorry, no results has been found matching your query. Scion Asset Managements Stake Value: $3,353,000. Once that happened, Burry warned buyers of meme stocks they were signing up for the "mother of all crashes." as well as other partner offers and accept our, Securities and Exchange Commission filing revealed. 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.. Michael Burry added SkyWest, Inc. (NASDAQ:SKYW) to his Q4 portfolio by acquiring 125,000 shares worth $2.06 million. Michael Burry is one of the most famous & successful money managers in history & has a personal Net worth of over $300 Million. The total net worth of Michael Burry comes out to be $300 million. Follow the Stock Picks of Top Hedge Fund Manager Michael Burry So, what did Michael Burry invest in for Big Short? Ratio between share price and earnings per share. The popular investment manager has been vocal on social media telling investors to sell their stocks and. LUMN mainly flourishes in the information technology sector and industry. The investor of "The Big Short" fame bought 50,000 American Depositary Shares (ADS) of Alibaba, valued at $4.4 million on December 31. In this article, we discuss 13 stocks that Michael Burry is buying and selling. Michael Burry Portfolio (2022 Q4) - Scion Asset Management - Valuesider To make the world smarter, happier, and richer. 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. 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. 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. Here are the top ways the world's ultra-rich spent their money last Some of the famous names that Burry sold in the third quarter include Alphabet Inc. (NASDAQ: ), among others. Even so, we have kept our exposure to the energy sector in check given our concerns about the overall economy.. 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? 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. The video was published on Feb. 16, 2023. 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. That would have been 9.35% in hedge fund fees. automatically! The beta of the portfolio is 1.13. Its distributions are conferred to many international countries, including Canada. He offered a one-word piece of advice in late January: "Sell." He's now 51 years old. Most recent portfolio value is calculated to be $ 46,536,925 USD. Considering revenue, WFC has been awarded the 30th position in the list of the worlds largest corporations, as reported by Fortune 500 in 2020. 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. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July.