Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. In this article, we discuss the 10 stocks to sell according to Michael Burry. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Most recent portfolio value is calculated to be $ 46,536,925 USD. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. 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. The locations of these centers are Florida, Chicago, Minnesota, and Ohio. Even so, we have kept our exposure to the energy sector in check given our concerns about the overall economy.. Its distributions are conferred to many international countries, including Canada. 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. The popular investment manager has been vocal on social media telling investors to sell their stocks and. Reported price - this doesn't represent the actual buy or sell price.It is the split-adjusted price of the security as of the last day of the reported period. 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 sells these stocks too, which generally are pipes, valves, tools, and instruments. 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. The Motley Fool has a disclosure policy. My Top Michael Burry Stock to Buy Now in March | Super Investors. My Top Michael Burry Stock to Buy Now in March, 1 Thing Everyone Missed About Alibaba's Quarter. The top 5 stocks still make up about 76% of the total . It is also in the lead of the mobile and social commerce race. The next. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. Other types of investors are foundations and trusts, businesses, and family offices. He was born in San Jose, California on June 19, 1971. Portfolio 9 Options 0 Performance. Scion Asset Management's public equity portfolio is heavily concentrated. We still like this investment. Registration on or use of this site constitutes acceptance of our. 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. Learn More. It indicates the company's profitability. Burry has been warning about stocks for a while, and in January, he shared a similar chart that highlighted the S&P 500's rally between September 2001 and March 2002 before it bottomed out six months later. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. "Difference between now and 2000 is the passive investing bubble that inflated steadily over the last decade. Indicates a company's profitability in relation to its total assets. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Yet Burry tweeted an apparent warningthat the agreement could end badly. Several other hedge funds also hold bullish positions in the company. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. Since 2013, Michael Burrys earnings have come from his second founded firm, Scion Asset Management. The services provided by Lumen Technologies encompass communications, cloud, and network services. If you want to see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. The popular investment manager has been vocal on social media telling investors to sell their stocks and take a defensive position. 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.. 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. It has been a favorite hedge fund stock for years. Scion Asset Management, LLC has disclosed 9 total holdings in their latest 13F filing with the SEC for the portfolio 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. The company operates through three segments Las Vegas Strip Resorts, Regional Operations, and MGM China. Burry then added to that stake in the first and second quarter of 2021, increasing it by 99% and 21% respectively. Because of its widespread worth for The U.S. government, it has managed to own 129 facilities and 95,000 beds for this purpose. It operates in two segments, Aerospace and Defense, and Real Estate. Burry, a value investor, presumably bought into BBBY because he determined it was oversold and undervalued. , 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. The form of media delivered by DISCA is television channels, and unlike most television channels displaying fictional shows, DISCA owns a chain of factual channels for general knowledge and awareness purposes. Burry sold his position in the company during Q4 2022. Now Inc. is a company that has a significant role in the energy sector that supplies oil and gas globally to several markets. 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. It owned 1 million BBBY shares worth almost $11 million on June 30, 2020. I believe it will make millions of Americans vastly wealthier. However, he sold up in August, bagging an estimated $68 million profit. is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. Get our editors daily picks straight in your inbox! Several elite hedge funds are bullish on the company as a new fiscal year begins. In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Meta Platforms, Inc. (NASDAQ:FB) was one of them. Ken Griffins Citadel Investment Group held the largest position in the company, consisting of 1.5 million shares worth $13.8 million. 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. Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. 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. Defensive positioning is the current theme of his portfolio . In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. In recent times, in its ownership, DISCA has added Food Network, Travel Channel, and HGTV. Michael Burry added SkyWest, Inc. (NASDAQ:SKYW) to his Q4 portfolio by acquiring 125,000 shares worth $2.06 million. 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. 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. Most of these channels are sold to media industries worldwide and are not only restricted to the televisions of Americans. Disclosure: None. 338.80% 5-Year Performance. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies.. 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. 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. 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. The holdings of Michael Burry Big Short are in the worlds leading companies and corporations, and that has led him to an elevated status in the business world. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Easily embed the chart on your blog or website it will always update In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. 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). RPT Realty is the operator behind most shopping centers that are providing its services in open-air. It operates through three segments CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. Is Alibaba Stock a Buy After Q4 Earnings? The company announced a Q4 non-GAAP loss per share of $0.93 and a revenue of $681.25 million, missing market estimates by $1.03 and $72.71 million, respectively. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. 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. Dr. Burry subsequently closed the Scion Capital fund and has since launched his latest fund, Scion Asset Management. 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. 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. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. If you want to read about some stocks to sell per Burry, go directly to Michael Burry Stock Portfolio: 5 Stocks He . MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. 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.. 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. Michael Burry is an American investor, and hedge fund manager. It is safe to say, it can also produce world-class SSDs thereby, having close competition with Micron Technology, as well as Seagate Technology. For instance in 2015, by market capitalization, Wells Fargo became the worlds largest bank, leaving a very minimal margin with ICBC. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. Since 2015, Michael Burrys 13f filing has been coming out to educate the world on investing. Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. 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%). 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. Please visit the "Current Portfolio" tab to see the current and past 13F holdings for Michael Burry, as well as holding map, Steel City Capital made the following comment about Liberty Latin America Ltd. (NASDAQ:LILA) in its Q3 2022 investor letter: Liberty Latin America Ltd. (NASDAQ:LILA) has been a dog this year, declining nearly 45% through the end of the third quarter. QRTEA consists of seven brands that are always ahead of its competing forces. It is reported that in GameStop, he reported 1.7 million shares, and his returns peaked at a value of $271 million. And it means its going to be harder than ever to hold onto any money you make. During the quarter, the company announced decisions to simplify its brand portfolio and reduce its workforce initiatives aimed at generating cost savings. *Stock prices used were the afternoon prices of Feb. 14, 2023. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. Invest better with The Motley Fool. Fundamental company data provided by Morningstar, updated daily. Past performance is a poor indicator of future performance. 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. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 It functions as a cable operator and broadband connectivity provider, catering to both residential and commercial clients in the United States. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). We believe the financial strength of our holdings is far above the typical energy company. We see several investors trying to strike it rich in options market by risking their entire savings. Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock's spectacular rise and epic fall, Securities and Exchange Commission filings show. 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. So, how did Warren Buffett manage to generate high returns and beat the market? Michael Burry bolstered his US stock portfolio from one holding to six in the third quarter, a Securities and Exchange Commission filing revealed on Monday. 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. Some of these brands are HSN, Garnet Hill, and Ballard Designs. 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. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. He wrote, "This time is different," which is likely a dig at commentators who believe the current market rally is sustainable. These returns have duly contributed to the exceptional Michael Burry portfolio. By clicking Sign up, you agree to receive marketing emails from Insider Burry's Scion Asset Management also purchased 100,000 shares of MGM, a position worth $3.4 million at last quarter's close. In this article, we discuss 13 stocks that Michael Burry is buying and selling. Burry's purchases suggest he remained bullish last quarter. For example S&P 500 Index returned 43.4% in 1958. The Motley Fool recommends Coherent. Ratio between share price and earnings per share. The success of Burry is an exception in the world of finance that. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. , is behind the latter. 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 Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. He launched his hedge fund in 1956 with $105,100 in seed capital. Warren Buffett has been investing and compounding for at least 65 years. 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. He's now 51 years old. 13F quarterly reports, 13D/G beneficial ownership reports and form 4 insider ownership change reports. 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. Apparently, in 2004, Michael Burry had to stop taking on new work because he was already trying to handle $600 million. Therefore, it seems to maintain a high position in the communications industry. Both Alibaba and JD.com shares were hit hard last year by growing threats of government regulation, plus a wider exodus from risky technology stocks in the face of rising interest rates and a potential recession. 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! Several elite hedge funds are bullish on the company as a new fiscal year begins. Here you can find the latest trades based on Burry's 13F filings and insider trades. He's also compared the stock market's rally this year to the dot-com bubble, and cautioned meme-stock buyers. Therefore, it would not be shocking to see Michael Burrys returns rocketing up by large numbers. Our share of such charges was approximately $850 million in 2020, $450 million in 2019 and $3.7 billion in 2018. 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.