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The contribution of RPT Realty in his stock portfolio is 6.18% and has a substantial value of $8,650,000. The Motley Fool has a disclosure policy. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. Qurate Retail, Inc. (NASDAQ:QRTEA) is engaged in the video and online commerce industries in North America, Europe and Asia. . secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. Some of these brands are HSN, Garnet Hill, and Ballard Designs. The company operates a regional airline in the United States and also leases regional jet aircraft and spare engines to third parties. Warren Buffett took 25% of all returns in excess of 6 percent. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Portfolio value: $46M+ Period: 2022 Q4 Number of stock: 9 Update: 14 Feb 2023 Important However, he sold up in August, bagging an estimated $68 million profit. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 10 stocks we like better than Alibaba Group. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June . Equity method earnings (losses) included the effects of goodwill and identifiable intangible asset impairment charges recorded by Kraft Heinz. Market cap divided by the revenue in the most recent year. 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. Here's what he said about the outlook for stocks and house prices, and the threat of a recession. Michael Burry Stock Tracker on Twitter: "Burry Portfolio Update: The It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. We selected the 13 stocks from Michael Burrys Q4 2022 portfolio which he either sold off entirely, trimmed his position in, or added to his holdings during the quarter. Several elite hedge funds are bullish on the company as a new fiscal year begins. 13F quarterly reports, 13D/G beneficial ownership reports and form 4 insider ownership change reports. feet. Percentage of Stake Sold in Q4 2022: 100%. In 2018, it gained an enormous revenue of $39.8 billion. Lockheed Martin Corporation (NYSE:LMT) operates as an aerospace and defense firm. Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm Berkshire Hathaway is a leading shareholder in The Kraft Heinz Company (NASDAQ:KHC) with 325 million shares worth more than $12 billion. It operates in two segments, Aerospace and Defense, and Real Estate. He was born in San Jose, California on June 19, 1971. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm. For FY 2023, the company expects net income to range from $58.0 million to $75.0 million, FFO per diluted share of $1.35 to $1.50, diluted EPS of $0.50 to $0.65, and EBITDA between $298.5 million to $313.5 million. 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 - Scion Asset Management, LLC - Portfolio Holdings - Fintel Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio In recent times, in its ownership, DISCA has added Food Network, Travel Channel, and HGTV. Michael Burry has suggested that the current surge in stocks resembles the dot-com bubble and could end in a similarly devastating crash. On its balance sheet, Berkshire carries the Kraft Heinz holding at a GAAP figure of $13.3 billion, an amount that represents Berkshires share of the audited net worth of Kraft Heinz on December 31, 2020. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. In the broad electronics industry that the world has with the prevailing level of technology, WDC has been a contributor to it for a very long time. Meta Platforms, Inc. (NASDAQ:FB) develops and markets products that enable people to connect. Analytical Laboratory Instrument Manufacturing, Crude Petroleum and Natural Gas Extraction, All Other Miscellaneous Chemical Product and Preparation Manufacturing, Biological Product (except Diagnostic) Manufacturing, Semiconductor and Related Device Manufacturing, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers, Offices of Real Estate Agents and Brokers, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Commercial and Institutional Building Construction. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. 1-Year Performance. Past performance is a poor indicator of future performance. Along the way, I believe Biden could become one of the most powerful Presidents in history. 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. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE:CXW) and CVS Health Corporation (NYSE:CVS). Naturally, that made his net worth go up. Invest better with The Motley Fool. 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. The company operates through three segments Las Vegas Strip Resorts, Regional Operations, and MGM China. Even so, we have kept our exposure to the energy sector in check given our concerns about the overall economy.. 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. In the fourth quarter of 2022, Michael Burry purchased 356,101 shares of Wolverine World Wide, Inc. (NYSE:WWW) worth $3.8 million, representing 8.36% of the total 13F holdings. 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). Mortgage Backed Securities (MBS) are a collection of Home loan mortgages compiled together to create an investment security. 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. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. According to Insider Monkeys third quarter database, 53 hedge funds were long MGM Resorts International (NYSE:MGM), compared to 46 funds in the prior quarter. Click to skip ahead and . 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. He added to the stake by 71% during the second quarter of 2021, buying nearly a million shares at an average price of $320 per share before selling off the position entirely during the third quarter. Meta Platforms, Inc. (NASDAQ:FB) has featured in the Scion portfolio since early 2020. Michael Burry. 13 Stocks Big Short Michael Burry Is Buying and Selling 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. 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. He launched his hedge fund in 1956 with $105,100 in seed capital. Scion Asset Managements Stake Value: $3,353,000. Our largest energy holding is Helmerich & Payne, the nations largest drilling contractor. 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. The video was published on Feb. 28, 2023. Ratio between share price and earnings per share. 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. In its Q4 2020 investor letter, Berkshire Hathaway highlighted a few stocks and The Kraft Heinz Company (NASDAQ:KHC) was one of them. For example S&P 500 Index returned 43.4% in 1958. The analyst highlighted the Future Vertical Lift program as a big opportunity for Lockheed Martin Corporation (NYSE:LMT). Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. 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. Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm. 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. Among the hedge funds being tracked by Insider Monkey, New York-based firm. 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. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. These were called "NINJA loans": "No Income No Job". Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Uniti Group Inc. is a real estate investment trust, headquartered in America. The business is highly predictable so there havent been any surprises on the operational front, and virtually all of its floating-rate debt has been swapped, thereby protecting it from this years rapid rise in interest rates. Even today when considering total assets, WFC is the fourth largest bank in The States. However, it has streamlined its business since the last oil and gas downturn and expects reduced operating losses this round. Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. 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. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. as well as other partner offers and accept our, Securities and Exchange Commission filing. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. 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. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. Burry first bought a stake in NOW Inc. (NYSE:DNOW) in the fourth quarter of 2020. If you want to see more stocks in this selection, check out 5 Stocks Big . 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 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. Berkshire currently owns 325,442,152 shares of Kraft Heinz common stock representing 26.6% of the outstanding shares. The company has a sweeping influence on sellers of America, owning 49 shopping centers in the country in total, meaning that the land owned by RPT is approximately 11.9 million sq. Wolverine World Wide, Inc. (NYSE:WWW) is a Michigan-based company that manufactures, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite brands. That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. JPMorgan analyst . $48 Million Michael Burry Portfolio / Scion Asset Management, LLC It is also in the lead of the mobile and social commerce race. Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. Stock quotes provided by InterActive Data. On the other hand, its headquarters are stationed in California and Manhattan the two hubs of America. 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. Michael Burry's New Stock Picks - Yahoo! When our award-winning analyst team has a . The Kraft Heinz Company (NASDAQ:KHC) makes and sells food and beverage products. In Q3 2022, Michael Burry purchased 132,561 shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) worth $5.30 million. The top 5 stocks still make up about 76% of the total . These methods of labor are deployed to meet the needs of mission-critical communications infrastructure. SBC) and theres a line-of-sight to $300+ million (ex. On February 2, SkyWest, Inc. (NASDAQ:SKYW) reported its fourth quarter results, falling short of Wall Street consensus. 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. During the third quarter, this position was sold off entirely. Net income divided by revenue of the last 4 quarters. 9.47% 3-Year Performance. At least in BBBY's case, he was right on the money. Data from around 900 elite hedge funds tracked by Insider Monkey was used to identify the number of hedge funds that hold stakes in each firm. We initially share this idea in October 2018 and the stock already returned more than 150%. Just like Tesla, Inc. (NASDAQ:TSLA), Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:FB), Discovery, Inc. (NASDAQ:DISCA) and CVS Health Corporation (NYSE:CVS), Lockheed Martin Corporation (NYSE:LMT) is one of the stocks on the radar of elite investors. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. 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 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. Michael Burry did not buy any new stocks in the current portfolio. 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. It is a real estate investment trust that functions and trades on a public level. However, they were still rated AAA (Investment grade) by many credit Agencies! Michael Burry placed new bets on Alibaba, JD.com, and MGM Resorts last quarter, a Securities and Exchange Commission filing revealed on Tuesday. SkyWest, Inc. (NASDAQ:SKYW) was incorporated in 1972 and is headquartered in St. George, Utah. 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. Michael Burry - Wikipedia The rate at which the company's net income has increased to the same quarter one year ago. If you want to see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. That means much bigger government. $48 Million Total portoflio value. 'Big Short' investor Michael Burry warns of 'terrible consequences for 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. Burry, whose bet against subprime mortgages . We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. In which he had credit default swap short positions against "Mortgage Backed Securities. This years free cash flow guide is for $120 million (ex. Michael Burry's Hedge Fund's Returns In its first year, Burry's hedge fund Scion was up 55%, while the S&P 500 fell 11.88%. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). Registration on or use of this site constitutes acceptance of our. All theaters are overcrowded and the only way anyone can get out is by trampling each other. 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. You can enter your email below to get our FREE report. 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. Access your favorite topics in a personalized feed while you're on the go. Michael Burry has invested in some of the most spread-out and wealthiest companies in all the U.S. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. The turnover rate is 70%. During 2000-2008, he logged returns, calculating up to 489.34%. Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). In Michael Burry's portfolio Q2 2021, the first thing to catch an eye was that Scion Asset Management bought 2,355 bearish (put) contracts against the ARK Innovation ETF during the second quarter and held them through the end of the period.However, he decided to sell that option and is currently no longer holding it. Israel Englanders, According to Insider Monkeys third quarter database, 53 hedge funds were long MGM Resorts International (NYSE:MGM), compared to 46 funds in the prior quarter. Bob Peck and Andy Raab's FPR Partners held the biggest position in the company, with 21.8 million shares worth $44 million. Here are some interesting facts about the compnies in this portfolio: The average market cap is 33.7 Billion$, of which 80.62% are profitable with a P/E ratio of 45.11x. RPT Realty is a company based in New York, in The United States of America. Michael Burry Performance Scion Asset Management, LLC Portfolio Never miss a trade. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Burry had accurately predicted the collapse of both these bubbles. It owned 1 million BBBY shares worth almost $11 million on June 30, 2020. 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. Congrats to all those Autopilot'ing the Burry Portfolio, you should be up on this position too . 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 Qurate group is not a traditional e-commerce platform, neither does it provide traditional stores in the marketplace and malls. In his research note titled "Aerospace & Defense 2023 Outlook - We Favor Defense and Aero Aftermarket," he recommends a cautious approach due to the challenges that impacted the sector in 2022, which are expected to continue in 2023, including the possibility of a recession, ongoing supply chain pressures, and uncertainties regarding COVID recovery. On February 8, CoreCivic, Inc. (NYSE:CXW) reported a Q4 FFO of $0.42 and a revenue of $471.43 million, outperforming Wall Street consensus by $0.09 and $2.38 million, respectively. Israel Englanders Millennium Management is the leading stakeholder of the company, with 1.19 million shares worth $19.5 million. Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees. 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. In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. Scion has sold off some of these stakes in the third quarter but they have been included in the list as they remained in the Scion portfolio for the first half of 2021. highlighted a few stocks and The Kraft Heinz Company (NASDAQ: NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. We still like this investment. The answer is water. Because of its widespread worth for The U.S. government, it has managed to own 129 facilities and 95,000 beds for this purpose. Indicates a company's profitability in relation to its total assets.