My Top Michael Burry Stock to Buy Now in March | Super Investors. The stock is currently selling for 66% of tangible book value. 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. Michael Burry built new stakes in Alibaba, JD.com, and MGM Resorts last quarter. However, the released 13f filings ceased after that and were resumed in 2019. It has been a favorite hedge fund stock for years. If you want to skip our detailed analysis of these stocks, go directly to the, 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 Hollywood film named. JPMorgan analyst . Now Inc an American company whose parent company is Distribution Now makes 7.7% of his portfolio. Michael Burry is an American investor, and hedge fund manager. Access your favorite topics in a personalized feed while you're on the go. 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. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Burry's total holdings now total $41,298,000 in value and has six total positions after adding five new positions in the three months after the second quarter filing. It also provides mental health and rehabilitation facilities. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. Its distributions are conferred to many international countries, including Canada. It's interesting to look at how Burry has constructed his portfolio to prepare for a stock market crash. 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. It's calculated by multiplying the share price by the number of outstanding shares. Lockheed Martin Corporation (NYSE:LMT) operates as an aerospace and defense firm. Copyrights 2021-2023 Valuesider All rights reserved. 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. Read the original article on Business Insider. is originally published on Insider Monkey. In this article, we discuss 13 stocks that Michael Burry is buying and selling. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. The portfolio numbers only nine equities, with The GEO Group accounting for 20.4% of its holdings. 'Big Short' legend Michael Burry invested in Bed Bath & Beyond at least Earlier in August, Burry had also sparred with Wood. 338.80% 5-Year Performance. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. You can enter your email below to get our FREE report. The companies that featured in the Scion Asset Management portfolio in filings for the first, second, and third quarter of 2021 were selected and sorted based on the gains in share price in 2021. 'Big Short' Star Michael Burry Bought Alibaba, MGM, JD.com Stock in Q4 The video was published on Feb. 28, 2023. Here you can find the latest trades based on Burry's 13F filings and insider trades. By clicking Sign up, you agree to receive marketing emails from Insider Reported in March of 2022 UNIT held more than 125,000 fiber route miles. Michael Burry - Scion Asset Management, LLC - Portfolio Holdings - Fintel Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. 13 Stocks Big Short Michael Burry Is Buying and Selling 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. Michael Burry did not buy any new stocks in the current portfolio. 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. Currently, the most significant of these is our investment in the common stock of The Kraft Heinz Company (Kraft Heinz). Its value in Michael Burrys current portfolio is a grand sum of $10,770,000. Other products are safety supplies, drills, and paints. The percentage indicates the payout in relation to the share price. 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. You can get rich by returning 20% per year and compounding that for several years. Portfolio 9 Options 0 Performance. The company operates a regional airline in the United States and also leases regional jet aircraft and spare engines to third parties. The company sells these stocks too, which generally are pipes, valves, tools, and instruments. 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. It is reported that in GameStop, he reported 1.7 million shares, and his returns peaked at a value of $271 million. We recorded equity method earnings from our investment in Kraft Heinz of $95 million in 2020, $493 million in 2019 and losses of approximately $2.7 billion in 2018. He has previously advised investors to "sell" and warned that the S&P 500 could drop by over 50% to around 1,900 points. Performance. During the years 2000-2008, Scion Capital made 489.34% returns which added to the monetary gains of Burry. 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. Lumen Technologies does not only deliver its services in The States; but, over the years, it has extended to Europe and the Middle East. , 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. 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. Burry may have missed out on a big windfall by selling his stock, but he also avoided a dramatic decline. Follow the Stock Picks of Top Hedge Fund Manager Michael Burry The Asia Pacific and Africa are also other countries where LUMN operates. In the fourth quarter of 2022, Burry sold the entirety of his stake in the company. 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 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. 10 Best Stocks to Buy According to Michael Burry - Yahoo! 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. He then proceeded to reduce that position by almost half in the first quarter of 2021 and sold it off completely during the second quarter. 2004-2023 GuruFocus.com, LLC. 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. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. 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. It owned 1 million BBBY shares worth almost $11 million on June 30, 2020. 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. The next. Its selling for half of book value. Cost basis and return based on previous market day close. 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. On January 9, Truist analyst Michael Ciarmoli raised the firm's price target on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) to $58 from $45. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. 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. feet. Despite the bets on a select few companies, Burry has issued several dire warnings to investors this year, likely in response to the stock market's breathless rally in recent weeks. 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. The current portfolio value is calculated to be $47.00 Mil. The services falling under communications are voice coverage over a long-range, broadband, and ethernet provision, among others. Market cap divided by the revenue in the most recent year. Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. When energy companies reduce activity, NOW suffers. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. The idea between these securities is risk was "supposed" to be diversified. 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. Ratio between share price and earnings per share. 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. Burry opened a new position in Meta Platforms, Inc. (NASDAQ:FB) in the first quarter of 2021 after selling off the previous stake in late 2020. 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). Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. 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 chief of Scion Asset Management went as far as to say that it was the greatest speculative bubble and would lead to the mother of all crashes. 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. 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. My Top Michael Burry Stock to Buy Now in March | Nasdaq 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. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. He also scooped up 75,000 American Depositary Receipts (ADR) of JD.com, worth $4.2 million at the end of last year. Making the world smarter, happier, and richer. According to Q4 2022 filings, Burry, who gained fame for his successful bet against U.S. real estate before the 2008 financial crisis, has taken new positions in two Chinese companies. To see the historical data of Scion Asset Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. All Rights Reserved. However, despite many misconceptions he is currently not a Billionaire officially yet. Therefore, it is safe to say that Michael Burrys wealth has accumulated through investment stocks. This investment adviser does not provide advice to individual investors. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. Burry manages Scion Asset Management with a portfolio value of . I believe it will make millions of Americans vastly wealthier. A Michael Burry expert breaks down what makes the 'Big Short' investor special. The analyst advised investors to focus on defensive, high-quality, and recession-resistant companies, with a specific emphasis on those that are expected to perform relatively better. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. Gurus may be added or dropped from the GuruFocus site at any time. In 2018, it gained an enormous revenue of $39.8 billion. Michael Burry. In the third quarter of 2022, Michael Burry acquired 155,761 shares of Liberty Latin America Ltd. (NASDAQ:LILA) worth $958,000. 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. . In this article, we discuss the 10 stocks to sell according to Michael Burry. 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. 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. Burry's Scion Asset Management also purchased 100,000 shares of MGM, a position worth $3.4 million at last quarter's close. Michael Burry 13F Portfolio - Hedge Follow MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The top 5 stocks still make up about 76% of the total . If you choose to subscribe throughfool.com/parkev, he will earn some extra money that supports his channel. The contribution of RPT Realty in his stock portfolio is 6.18% and has a substantial value of $8,650,000. In the coming years, it can be said with conviction that Michael Burrys stocks portfolio is only to prosper more. In recent times, in its ownership, DISCA has added Food Network, Travel Channel, and HGTV. Pason and NOW represent our fourth and fifth investments in the energy sector. So, how did Warren Buffett manage to generate high returns and beat the market? That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. However, we will continue to monitor this investment and it is possible that an impairment loss will be recorded in earnings in a future period based on changes in facts and circumstances or intentions.. Sorry, no results has been found matching your query. Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. 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. It occupies a good share of 5.94% in his investments, totaling a value of $8,309,000. The chief of Scion Asset Management 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. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008. The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products. 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. It owns and manages casino, hotel, and entertainment resorts in the United States and Macau. Wells Fargo's Steven Cahall on January 30 increased Charter Communications, Inc. (NASDAQ:CHTR)s price target from $340 to $410 while maintaining an Equal Weight rating on the shares. GuruFocus.com is not operated by a broker or a dealer. He set alarm bells ringing when he slashed his portfolio to a single position in the second quarter of last year, but added five additional namesin the third quarter. The Motley Fool has a disclosure policy. Michael Burry is widely known for predicting the 2008 Financial Crisis & Housing bubble, popularised in the Oscar Winning Movie "The Big Short" (2015). Click to continue reading and see Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks. Michael Burry has continuously seen gains and profits because of his predictions and far-reaching knowledge. If you want to see more stocks in this selection, check out 5 Stocks Big . 15 Dividend Growth Stocks with Highest Rates, 10 Most Promising EV Battery Stocks to Buy. Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. With a record $150 billion backlog and almost 30% of its revenue coming from building F-35 aircraft with deliveries forecast to reach 180 per year in 4-5 years (3Qs revenue upside was from the F-35), we believe LMT should grow at a higher rate than overall defense budget growth and Street expectations over the next several years. The market value of the company. 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. Michael Burry, the California-born hedge fund manager with a background in biology, is one of the names that fits this description. So, what did Michael Burry invest in for Big Short? Read more:We put 7 burning questions to top economist David Rosenberg. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. That would have been 9.35% in hedge fund fees. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021.