Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. It has shown grand returns - as latest as reported in 2022, Dr. Michael Burry's holdings and portfolio are as large as approximately $104 million in AMU. 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. It also provides mental health and rehabilitation facilities. During 2000-2008, he logged returns, calculating up to 489.34%. He's now 51 years old. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Some of these brands are HSN, Garnet Hill, and Ballard Designs. Mortgage Backed Securities (MBS) are a collection of Home loan mortgages compiled together to create an investment security. We remain attracted to WWWs strong collection of brands and its fragmented customer base.. 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. The active rig count in the U.S. is at all-time lows. Ratio between share price and earnings per share. 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. Burry then added to that stake in the first and second quarter of 2021, increasing it by 99% and 21% respectively. 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. Burry swapped out all but two of the holdings in his US stock portfolio. Western Digital Corporation is a company based in The United States of America that specializes in computer memory. The portfolio numbers only nine equities, with The GEO Group accounting for 20.4% of its holdings. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 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. Because of its high-end worth. 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.. The good news is, this powerful new force can help you make a lot of money even in a bear market. 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. Burry is most famous for his billion-dollar bet against the mid-2000s housing bubble, which was chronicled in the book and movie "The Big Short." Michael Burry is capturing headlines recently for predicting another stock market crash. 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. @burrytracker. In the following year 2019 rankings in America that were calculated based on total revenue by Forbes 500, Allstate Corp. held the 79th position. Its selling for half of book value. This stake is worth more than $1.1 million and consists of 150,000 shares. Through other media forums, such as apps and websites, QRTEA can reach even more people globally. Michael Burry is an American investor, and hedge fund manager. Burry, a value investor who specializes in sniffing out bargains, may have determined the two companies' shares were oversold and likely to stage a comeback. Burry, whose bet against subprime mortgages . Feb 9. is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. Most recent portfolio value is calculated to be $ 46,536,925 USD. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. During the quarter, the company announced decisions to simplify its brand portfolio and reduce its workforce initiatives aimed at generating cost savings. Access your favorite topics in a personalized feed while you're on the go. Michael Burry is one of the most famous & successful money managers in history & has a personal Net worth of over $300 Million. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. 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). 338.80% 5-Year Performance. These methods of labor are deployed to meet the needs of mission-critical communications infrastructure. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. 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. Of the six clients of the firm, one is an insurance company, and the rest are private investment funds. The company is a new holding in the portfolio of Scion Asset Management. Lockheed Martin Corporation (NYSE:LMT) operates as an aerospace and defense firm. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June . If you choose to subscribe throughfool.com/parkev, he will earn some extra money that supports his channel. Copyrights 2021-2023 Valuesider All rights reserved. , is behind the latter. Yearly payout to shareholders per share. 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 Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. 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. Several elite hedge funds are bullish on the company as a new fiscal year begins. Net income divided by revenue of the last 4 quarters. 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 $57.4 million. Michael Burry has invested in some of the most spread-out and wealthiest companies in all the U.S. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. CoreCivic, Inc. (NYSE:CXW) is a Tennessee-based company that owns and manages partnership correctional, detention, and residential reentry facilities in the United States. The hedge fund of the latter has a very bullish stance on Musk and Tesla, Inc. (NASDAQ:TSLA). From 2000-2008, Michael Burry found and ran his hedge fund company called Scion Capital. After that, he decided to make his personal investments a priority. All Rights Reserved. Burry recently. If you want to skip our detailed analysis of these stocks, go directly to the Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks. We still like this investment. To see the historical data of Scion Asset Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. ADS and ADR are traded on US stock exchanges but represent ownership of foreign-listed companies. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. Making the world smarter, happier, and richer. The top 5 stocks still make up about 76% of the total . DISCA contributes largely to his investments, having a numeral share of 5.38% and a value of $7,523,000. However, many of the loans inside these mortgage Backed securities (MBS) were given to many home owners with bad credit and even no job! On November 4, BofA analyst Jason Haas downgraded Qurate Retail, Inc. (NASDAQ:QRTEA) to Underperform from Neutral with a price target of $1.20, down from $4, after the company reported below-consensus Q3 revenue and OIBDA. Since 2013, Michael Burry's earnings have come from his second founded firm, Scion Asset Management. The company sells these stocks too, which generally are pipes, valves, tools, and instruments. In early November, Stephens analyst Tommy Moll upgraded NOW Inc. (NYSE:DNOW) stock to Overweight from Equal Weight with a price target of $12, underlining that the company was showing commitment to protect gross margins. 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. 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. Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. It has its workload revolving around acquisition and construction. The locations of these centers are Florida, Chicago, Minnesota, and Ohio. SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. Charter Communications, Inc. (NASDAQ:CHTR) was founded in 1993 and is headquartered in Stamford, Connecticut. LUMN mainly flourishes in the information technology sector and industry. As per 13F filings for the fourth quarter of 2022, Burry sold off his stake in CoreCivic, Inc. (NYSE:CXW), worth $6.40 million. The analyst highlighted the Future Vertical Lift program as a big opportunity for Lockheed Martin Corporation (NYSE:LMT). Portfolio value: $46M+ Period: 2022 Q4 Number of stock: 9 Update: 14 Feb 2023 Important 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. WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. Burry's latest chart and comment suggest that he sees similarities between the current market surge and the one in early 2001, when interest rates were at 6%, and he expects both the S&P 500 and the Fed Funds rate to eventually drop, with the Fed cutting rates as the economy weakens and asset prices decline. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. 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. 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.