In its Q4 2020 investor letter, RiverPark Advisors, LLC, an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. The active rig count in the U.S. is at all-time lows. The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products. 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. Despite his education in both economics and medicine, Burry currently chooses to practice the former. CoreCivic, Inc. (NYSE:CXW) is a Tennessee-based company that owns and manages partnership correctional, detention, and residential reentry facilities in the United States. At least in BBBY's case, he was right on the money. It indicates the company's profitability. Michael Burry is widely known for predicting the 2008 Financial Crisis & Housing bubble, popularised in the Oscar Winning Movie "The Big Short" (2015). Making the world smarter, happier, and richer. 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. Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks is originally published on Insider Monkey. 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. SBC) by 2024, meaning shares have been trading in a range of 4-6x price to free cash flow. However, Burry once again closed the bet over the next three months, meaning he got out before the meme-stock boom in January 2021. These returns have duly contributed to the exceptional Michael Burry portfolio. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. It occupies a good share of 5.94% in his investments, totaling a value of $8,309,000. Furthermore, Qurate Retail Group can reach 218 homes across the globe, just by using the television. The percentage indicates the payout in relation to the share price. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are. For instance in 2015, by market capitalization, Wells Fargo became the worlds largest bank, leaving a very minimal margin with ICBC. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. The good news is, this powerful new force can help you make a lot of money even in a bear market. He's also known for betting againstElon Musk'sTeslaand Cathie Wood'sArk Innovation fund last year, and forinvestinginGameStop before it skyrocketed in January 2021 and kickstarted the meme-stock craze. Michael Burry has suggested that the current surge in stocks resembles the dot-com bubble and could end in a similarly devastating crash. Today, Burry still regularly invests through his fund Scion Asset Management, although he's pretty choosy. I believe it will make millions of Americans vastly wealthier. 214.91% 10-Year Performance . The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Click to continue reading and see 5 Stocks Big Short Michael Burry Is Buying and Selling. However, it has streamlined its business since the last oil and gas downturn and expects reduced operating losses this round. Indicates a company's profitability in relation to its total assets. Other types of investors are foundations and trusts, businesses, and family offices. When energy companies reduce activity, NOW suffers. Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. Invest better with The Motley Fool. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. The forward yield was 2.65%. We see several investors trying to strike it rich in options market by risking their entire savings. 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. 9 min read. is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. valuations for each stock, which positions are undervalued, have low PE Ratios, are considered high quality and recently traded at 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." Since 2013, Michael Burrys earnings have come from his second founded firm, Scion Asset Management. 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. Several other hedge funds also hold bullish positions in the company. We still like this investment. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. Burry isn't the only notable investor to show interest in BBBY. 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. Channels lying in the dominion of DISCA are Animal and Science Planet, Discovery Channel, and TLC. 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. Earlier in August, Burry had also sparred with Wood. 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. 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. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. He's now 51 years old. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. Our largest energy holding is Helmerich & Payne, the nations largest drilling contractor. It is an integrated circuit maker, along with flash memory devices. highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. If you want to see more stocks in this selection, check out 5 Stocks Big . According to Insider Monkeys third quarter database, 26 hedge funds were bullish on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), with combined stakes worth $704.2 million. He maintained a Hold rating on the shares. date of 2022-12-31. 10 Best Bank and Finance Stocks to Buy According to Mario Gabelli10 Best Diversified Stocks to Invest In10 Best SPACs to Invest In According to RedditDaily NewsletterHeadlineLockheed Martin Corporation (NYSE:LMT)Meta Platforms Inc. (NASDAQ:FB)Michael Burry Stock Portfolio Performance in 2021: 8 Best PicksNASDAQ:FBNASDAQ:KHCNow Inc. (NYSE:DNOW)NYSE:DNOWNYSE:LMTThe Kraft Heinz Company (NASDAQ:KHC)Yahoo FinanceShow moreShow less, Despite Joe Bidens age, raging inflation, and his dismal 45% approval level. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. 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. 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. Berkshire and its subsidiaries hold investments in certain businesses that are accounted for pursuant to the equity method. Disclosure: None. None. Click to skip ahead and . 10 stocks we like better than Alibaba Group. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. At the time, the legendary investor bought 1.5 million shares of NOW Inc. (NYSE:DNOW) at an average price of $5.63 per share. 338.80% 5-Year Performance. 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. When our award-winning analyst team has a . 9.47% 3-Year Performance. automatically! Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. 2004-2023 GuruFocus.com, LLC. Warren Buffett has been investing and compounding for at least 65 years. The services provided by Lumen Technologies encompass communications, cloud, and network services. The tweets of the investor have since been deleted, but remain a part of public record through the news outlets that covered them when they were made. Learn More. Copyrights 2021-2023 Valuesider All rights reserved. Market cap divided by the revenue in the most recent year. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. 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. Diamond Hill Capital made the following comment about Wolverine World Wide, Inc. (NYSE:WWW) in its Q4 2022 investor letter: Footwear and apparel company Wolverine World Wide, Inc. (NYSE:WWW) underperformed as softer demand and elevated inventory levels have necessitated higher-than-expected promotional activity, weighing on near-term profitability. He has also cautioned that the Fed may hesitate to intervene in order to support asset prices, as it could intensify inflation. The dividend is distributable on May 1, to shareholders of record on April 3. 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. He was born in San Jose, California on June 19, 1971. $48 Million Total portoflio value. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. In recent times, in its ownership, DISCA has added Food Network, Travel Channel, and HGTV. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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. Berkshire currently owns 325,442,152 shares of Kraft Heinz common stock representing 26.6% of the outstanding shares. During the quarter, the company announced decisions to simplify its brand portfolio and reduce its workforce initiatives aimed at generating cost savings. Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. Access your favorite topics in a personalized feed while you're on the go. 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. as well as other partner offers and accept our, Securities and Exchange Commission filing revealed. Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. 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. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Michael Burry is a legendary investor & hedge fund manager. In this article, we discuss 13 stocks that Michael Burry is buying and selling. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The company operates through three segments Las Vegas Strip Resorts, Regional Operations, and MGM China. The investor of "The Big Short" fame may have spied value in beaten-down Chinese tech stocks. All Rights Reserved. Michael Burry is a successful investor, hedge fund manager, and physician. WDCs headquarters are situated in California, USA, regulating the manufacturing of hard disk drives. Registration on or use of this site constitutes acceptance of our. Easily embed the chart on your blog or website it will always update To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. It has its workload revolving around acquisition and construction. Ratio between share price and earnings per share. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. 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. Defensive positioning is the current theme of his portfolio . In this regard, the Geo group has raised its value up to $7,488,000. 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). The analyst highlighted the Future Vertical Lift program as a big opportunity for Lockheed Martin Corporation (NYSE:LMT). In this article, we discuss the 10 stocks to sell according to Michael Burry. I believe he will not only run again next year, but could win a 2nd Presidential term and by a LANDSLIDE. Burry, whose bet against subprime mortgages . Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). Michael Burry said there will be "terrible consequences" if student debt is cancelled. 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 analyst believes that Charter's investment approach is becoming more comprehensible. In the following year 2019 rankings in America that were calculated based on total revenue by Forbes 500, Allstate Corp. held the 79th position. 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. A Michael Burry expert breaks down what makes the 'Big Short' investor special. 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. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. Michael burry saw that ultimately fundamentals would bring the truth about the real value of these securities and many would plummet to zero! Deutsche Bank analyst Carlo Santarelli on February 9 raised the firm's price target on MGM Resorts International (NYSE:MGM) to $53 from $49 and kept a Buy rating on the shares. The investor of "The Big Short" fame bought 50,000 American Depositary Shares (ADS) of Alibaba, valued at $4.4 million on December 31. Along the way, I believe Biden could become one of the most powerful Presidents in history. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. 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. Past performance is a poor indicator of future performance. 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. A higher ratio indicates a higher risk. We still like this investment. @burrytracker. Source: 13F filing, Author. Refer a Friend and Earn One Month of Free Membership. To make the world smarter, happier, and richer. 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. ", 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.". 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). QRTEA consists of seven brands that are always ahead of its competing forces. During the third quarter, this position was sold off entirely. Widely known to function as a telecommunications company, Lumen Technologies is a company based in America. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. However, the ratio is difficult to compare between industries where common amounts of debt vary. Further, strategic acquisitions (LMT acquired AJRD for $4 billion in late December), debt pay down, a 3% dividend yield, and continued share buybacks from $6 billion per year of free cash flow should lead to even greater shareholder returns..