The average profit margin of the companies in this portfolio is 9.11%. To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. 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. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. 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). Registration on or use of this site constitutes acceptance of our. Several elite hedge funds are bullish on the company as a new fiscal year begins. If you want to see more stocks in this selection, check out, 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. 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.. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. 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. Most recent portfolio value is calculated to be $ 46,536,925 USD. The idea between these securities is risk was "supposed" to be diversified. In which he had credit default swap short positions against "Mortgage Backed Securities. Access your favorite topics in a personalized feed while you're on the go. highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. Similarly, a college student named Jake Freeman revealed a 6.2% stake in late July. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. 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. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE: Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. The video was published on Feb. 16, 2023. The carrying value of our investment was approximately $13.3 billion at December 31, 2020 and $13.8 billion at December 31, 2019. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. 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. Since 2013, Michael Burrys earnings have come from his second founded firm, Scion Asset Management. 338.80% 5-Year Performance. Portfolio value: $46M+ Period: 2022 Q4 Number of stock: 9 Update: 14 Feb 2023 Important He has also cautioned that the Fed may hesitate to intervene in order to support asset prices, as it could intensify inflation. Disclosure. He's now 51 years old. Price to Book Ratio is the Market cap divided by the Book value of the company. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. Here is what the fund said: We continued to keep our learnings from 2020 in mind during the quarter as we sought to increase the up capture of the portfolio. Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. I believe it will make millions of Americans vastly wealthier. 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. 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. 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. On February 8, Wolverine World Wide, Inc. (NYSE:WWW) declared a $0.10 per share quarterly dividend, in line with previous. Here is what the fund said: NOW is a 2014 spinoff from National Oilwell Varco and has a 150-year legacy as a distributor to the oil and gas and industrial markets. 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. We believe the financial strength of our holdings is far above the typical energy company. Get our editors daily picks straight in your inbox! 2004-2023 GuruFocus.com, LLC. At the end of September, the fund owned 30,000 shares of Lockheed Martin Corporation (NYSE:LMT) worth $10.3 million, representing close to 25% of the portfolio. 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. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. Copyrights 2021-2023 Valuesider All rights reserved. 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 the Supreme Court considers President Joe Biden's student loan forgiveness plan, Burry wrote in a series . The investments that this company makes are mainly in constructing and running prisons. However, Burry once again closed the bet over the next three months, meaning he got out before the meme-stock boom in January 2021. 14 min read. Meme-stock specialist and GameStop chairman Ryan Cohen built a nearly 10% stake in the first quarter of last year, fueling hopes he might engineer a comeback for the retailer. , 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. He cashed out all of his BBBY shares by mid-August, making roughly $110 million. The locations of these centers are Florida, Chicago, Minnesota, and Ohio. Michael Burry. Following the Financial Crisis of 2008, he closed the firm to focus on his own personal investments. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Read more:We put 7 burning questions to top economist David Rosenberg. Because of its widespread worth for The U.S. government, it has managed to own 129 facilities and 95,000 beds for this purpose. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. 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 answer is water. Our largest energy holding is Helmerich & Payne, the nations largest drilling contractor. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. All theaters are overcrowded and the only way anyone can get out is by trampling each other. Percentage of Stake Sold in Q4 2022: 100%. Making the world smarter, happier, and richer. Earlier in August, Burry had also sparred with Wood. Burry's purchases suggest he remained bullish last quarter. Meta Platforms, Inc. (NASDAQ:FB) has featured in the Scion portfolio since early 2020. Easily embed the chart on your blog or website it will always update 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 company staved off disaster by signing a $1 billion deal with Hudson Bay Capital and other institutional investors in February. We received dividends from Kraft Heinz of $521 million in each of 2020 and 2019 and $814 million in 2018, which we recorded as reductions in our carrying value. 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. Therefore, it would not be shocking to see Michael Burrys returns rocketing up by large numbers. In the third quarter of 2022, Michael Burry acquired 155,761 shares of Liberty Latin America Ltd. (NASDAQ:LILA) worth $958,000. Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks is originally published on Insider Monkey. 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. To navigate the uncertain equity market in 2023, some of the stocks that Big Short Michael Burry is buying include Black Knight, Inc. (NYSE:BKI), Alibaba Group Holding Limited (NYSE:BABA), and JD.com, Inc. (NASDAQ:JD). He maintained a Hold rating on the shares. Through other media forums, such as apps and websites, QRTEA can reach even more people globally. Stock quotes provided by InterActive Data. It indicates the company's profitability. The Geo Group is best known to own the immigrant detention centers in The United States. In this regard, the Geo group has raised its value up to $7,488,000. Today, Burry still regularly invests through his fund Scion Asset Management, although he's pretty choosy. Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. None. is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. Its performance is much better than ITA ( Morningstar.com gives it a four-star rating), and it . 10 stocks we like better than Alibaba Group. It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The total net worth of Michael Burry comes out to be $300 million. RPT Realty is a company based in New York, in The United States of America. ADS and ADR are traded on US stock exchanges but represent ownership of foreign-listed companies. According to Insider Monkeys Q3 data, 17 hedge funds were long CoreCivic, Inc. (NYSE:CXW), with combined stakes worth $57.4 million. BBBY was its sixth-largest position out of eight total holdings, and made up 13% of its $60 million US stock portfolio at the time. Currently, the most significant of these is our investment in the common stock of The Kraft Heinz Company (Kraft Heinz). 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. Michael Burry said there will be "terrible consequences" if student debt is cancelled. If you want to see more stocks in this selection, check out 5 Stocks Big . However, the released 13f filings ceased after that and were resumed in 2019. Back then they werent called hedge funds, they were called partnerships. is a leading shareholder in Lockheed Martin Corporation (NYSE:LMT) with 561,512 shares worth more than $193 million. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. Burry manages Scion Asset Management with a portfolio value of . as well as other partner offers and accept our, Securities and Exchange Commission filing. When our award-winning analyst team has a . 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. Among the hedge funds being tracked by Insider Monkey, New York-based firm. The hedge fund sentiment around the securities was assessed from Insider Monkeys Q3 2022 database of around 920 elite funds. WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. Burry first bought a stake in NOW Inc. (NYSE:DNOW) in the fourth quarter of 2020. Discovery Inc. is a massive multinational media chain originating from America. Please visit the "Stock Picks" tab to see the latest guru trades and stock picks for Michael Burry, which include data from 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 $15.5 million at the end of September. In this article, we discuss the 4 best stock picks and portfolio performance of Michael Burry. It has its workload revolving around acquisition and construction. During the quarter, the company announced decisions to simplify its brand portfolio and reduce its workforce initiatives aimed at generating cost savings. In Michael Burry's portfolio as of 31 Dec 2022, the top 5 holdings are (GEO) GEO GROUP INC/THE (25.02%), (BKI) BLACK KNIGHT INC (19.90%), (COHR) COHERENT CORP (11.31%), (BABA) ALIBABA GROUP HOLDING-SP ADR (9.46%) and (JD) JDCOM INC-ADR (9.05%). In its Q4 2020 investor letter, Berkshire Hathaway highlighted a few stocks and The Kraft Heinz Company (NASDAQ:KHC) was one of them. The analyst noted that a focus on higher margin manufacturers and end markets was driving this improvement for NOW Inc. (NYSE:DNOW) that looked set to continue in 2022. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. 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. 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. ", 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.". So, what did Michael Burry invest in for Big Short? 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! is originally published on Insider Monkey. 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. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. Michael Burry, the hedge fund . Read the original article on Business Insider. 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. Scion Asset Management, according to its Q1 2022 portfolio, owned a $17.97 million stake in the company consisting of 75,000 shares, which represented 8.92% of its total holdings. 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. 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. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. At least in BBBY's case, he was right on the money. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. These returns have duly contributed to the exceptional Michael Burry portfolio. 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. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm. Burry recently shared a chart on Twitter that shows the S&P 500's significant drop between February 2001 and October 2002, along with the decline in the Federal Reserve's benchmark interest rate during that time. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. Several other hedge funds also hold bullish positions in the company. 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 . Cost basis and return based on previous market day close. William Crowley, William Harker, and Stephen Blass Ashe Capital held the leading position in the company. The contribution of RPT Realty in his stock portfolio is 6.18% and has a substantial value of $8,650,000. The portfolio numbers only nine equities, with The GEO Group accounting for 20.4% of its holdings. 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. Access your favorite topics in a personalized feed while you're on the go. Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. a sense of yellow poem by carrie carter, how to bribe superpowers tropico 6,

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