Each week our editorial team keeps you up with the latest financial news, shares reading recommendations, and provides useful tips on how to make, save and grow your money. In the following picture one can find Scion Asset Management investments globally. . Click to read Trade . I like to hold 12 to 18 stocks diversified among various depressed industries, and tend to be fully invested. The Twitter account Michael Burry Archive @BurryArchive captures most his tweets and records them. Hedge Fund Portfolio Manager Performance Q3 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 16.67%: $41298000: 6 In Q2 2021 Scion Asset Management owned 1,943,000 put options in iShares 20+ Year Treasury Bond ETF (TLT) that were worth over $280 million. One thing to recognize about Burrys investment activity this quarter has been that his fund didnt raise its holdings all that much compared to its typical average historical value. This is the kind of high-risk,. "[20], Glimpses were offered into Scion's portfolio with 13Fs filed from the 4th quarter of 2015 through the 3rd quarter of 2016, as required by the SEC when fund holdings top $100 million. Learn more. Alright, we just got our latest 13F drop on Scion Capital, and Burry has apparently reduced his portfolio to six companies. He has three older sisters. We strive to provide up-to-date information but make no warranties regarding the accuracy of our information. Elon has my trust. Both Buffett and Burry are great investors in their own right, and both happen to own two of the same stocks heading into 2023. The two firms used to be run as former REITs, but are now constructed as regular companies, each specializing in either the management of correctional facilities, Furthermore, both enterprises are attractive as potential investments for several standalone reasons. 2022 Benzinga.com. He sold Tesla before the carmaker took a long, drawn-out nosedive and shorted Cathie Woods ARK Innovation ETF to clean up with a tidy profit. This involves looking at true free cash flow and taking into account off-balance sheet items. These can include technology companies if Burry is able to understand them. Michael Burry has been one of the greatest financial players but unfortunately, not many knew about him since 2015. In addition to not being presented in a user-friendly manner, it is impossible to visualize the temporal evolutions of the portfolios without any additional processing. Here is more about the 5 new companies. Dr. Burry subsequently closed the Scion Capital fund and has since launched his latest fund, Scion Asset Management. We look forward to interacting with the community, and email registration is simply part of the publishing system. In fact, this is precisely why his foray into the world of criminal justice stocks is so shocking. This post may contain affiliate links or links from our sponsors. [6] Scion Capital ultimately recorded returns of 489.34% (net of fees and expenses) between its November 1, 2000 inception and June 2008. GD. In the end, investing is neither science nor art it is a scientific art. Dr. Michael Burry, notorious for his large short position in the housing/financial crisis, has been sending out many warning signals to investors in recent years. Finally, Michael Burry warns that fundamental analysis isnt infallible sometimes the market never reflects true intrinsic value, sometimes other investors have more information than you do,sometimes you might make a mistake. A filtering on the filing type is also made to keep the 13Fs only (Figure 4). About Michael Burry: Michael James Burry is an American investor, hedge fund manager, and physician. Burry lost his verified status on Twitter this year in April. Scion Asset Management's portfolio is diversified across 5 sectors. Fundamental company data provided by Morningstar, updated daily. The total current market value of his portfolio holdings is $201,379,000, with his top 10 holdings 94.14% of his portfolio. He also discussed his ideas on his own blog, in early internet chat rooms, and on other message boards and sites, includingSilicon Investorand MSN Money. I know my portfolio turnover will generally exceed 50% annually, and way back at 20% the long-term tax benefits of low turnover pretty much disappear. But fundamental analysis is at least a way of putting the odds on your side. On February 14, Michael Burry filed his company's holdings report with the SEC. Stock quotes provided by InterActive Data. If so, you should definitely know who is Dr. Michael Burry, one of the main characters who predicted the subprime crisis and shorted the market. Most recent portfolio value is calculated to be $ 41,298,000 USD. Nevertheless, Burry must be impressed with the company. RELATED: The Eight-Minute Speech That Deleted $45 Billion From The ASX. The reason may be that he simply does not trust the government to raise interest rates given the data that government uses to show inflation. Dillon Jacobs is a passionate value investor who believes in the fundamental principles of investors like Warren Buffett, Charlie Munger, Ben Graham, Peter Lynch, and many more. Michael Burry is an American investor, hedge fund manager, and physician. It was Read More, The information provided through the Website and our services is intended for educational and informational purposes only and not recommendations to buy or sell a specific security. Read More. Should one pay attention to diversification among industries and cyclicals vs. non-cyclicals? How Do We Break The Habit Of Excessive Thinking? GEO Group Inc. 8.85% of portfolio. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Those on Autopilot have automatically bought these in their portfolio. Your decisions are yours alone and we are in no way responsible for your actions. 13F. Last edited on 17 November 2022, at 07:47, "Here's the story of one of the heroes of 'The Big Short', "The True Story Behind The Big Short - Real Michael Burry", The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History, "Mercury News Interview: Hedge fund manager saw subprime meltdown coming", "These Doctors Mean Business," Whitney, Kathy, Medicine (Vanderbilt School of Medicine), Summer 2014, "Learning From Dr. Michael Burry's Investment Philosophy", "Michael Burry Profiled: Bloomberg Risk Takers", "I Saw the Crisis Coming. $56.4 Million Total portoflio value. His main goal is to protect his downside so that he can prevent a permanent loss of capital. However, 13F filings do not show the International holdings, they are USA only.. In Michael Burry's portfolio as of 30 Sep 2022, the top 5 holdings are (GEO) GEO GROUP INC/THE (37.65%), (QRTEA) QURATE RETAIL INC-SERIES A (24.34%), (CXW) CORECIVIC INC (15.52%), (AJRD) AEROJET ROCKETDYNE HOLDINGS (12.84%) and (CHTR) CHARTER COMMUNICATIONS INC-A (7.35%). | Investormint", "EDGAR Filing Documents for 0001567619-19-004198", The Big Shorts Michael Burry Sees a Bubble in Passive Investing, "Michael Burry Portfolio / Scion Asset Management, LLC Holdings", "Michael Burry tweet, Dec. 1, 2020 (Internet Archive)", "Michael Burry of 'The Big Short' reveals a $530 million bet against Tesla", "Michael Burry of 'Big Short' Bets Against Cathie Wood's ARKK", "Author Michael Lewis on Wall Street's Delusion", "Legendary Investor Leaves Twitter, Lists 8 Metal Bands in Bio", "Where 'The Big Short's Michael Burry Is Today", "Michael Burry: Subprime Short-Seller No. He was only holding Geo group Inc. stock in the second quarter of 2022. Here's what you need to know about why gas prices are so With all this talk about inflation have you ever stopped to consider if you really know what inflation is? And at the current stage, its hard to think otherwise. The current market value of his portfolio is $1,353,930,000, with a top 10 holdings concentration of 91.57%. So, yes theres no question investing in for-profit prisons can be a lucrative endeavor. Despite all the downturns and market routs weve already witnessed throughout 2021/2022, the 83-year-old Wall Street veteran predicts the worst has yet to come. In a research note published back in August titled Entering The Super Bubbles Final Act, he explained: The current super bubble features an unprecedentedly dangerous mix of cross-asset overvaluation with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum commodity shock, and Fed hawkishness. The limitations will also be . Michael Burry believes that portfolio management is just as important as stock picking: Number of stocks to hold: Burry likes to hold 12-18 stocks diversified among various depress industries. Financhill has a disclosure policy. Warren Buffett Portfolio Allocation 2022 (Q3 Update), Net Worth To Be in Americas Upper, Middle & Lower Class, 7 Types of Income Millionaires Have (How the Rich Make Money), Options Trading for Rookies (Understand Options Completely), The Ultimate Beginners Guide to Chart Patterns. Inflation is here and we all know it. He became famous through his inclusion in the best selling book The Big Short by author Michael Lewis that was also made into a blockbuster movie. Financial disclosures reveal that Burry plowed a significant portion of his money into stocks relating to the prison and criminal justice industry, having sold off much of everything he owned in the preceding quarter. Financially Fit Investor exists to encourage thinking. It made him one of the examples to follow in defiance of standard practices in financial circles. of stocks: 6 Portfolio value: $41,298,000 Holdings Activity Buys Sells History * Reported Price is the price of the security as of the portfolio date. But the idiosyncratic nature of this move has puzzled many observers. Co-Founder of Boston asset manager GMO Jeremy Grantham is someone else with a proven track record when it comes to forecasting bubbles, most notably having anticipated: So when Grantham warns us about a super bubble thats on the precipice of popping, it might be worth paying attention. Michael Burry knew this from early on. Do you want to knowhow to invest like the value investing legend Warren Buffett? Eventually, Burry's analysis proved correct: He made a personal profit of $100 million and a profit for his remaining investors of more than $700 million. Current Michael Burry Portfolio 2022 Here is the current portfolio of Michael Burry as of his 13F filing on 3-31-2022. However, the most fascinating aspect of Scions recent Form 13F is the overrepresentation of prison companies on the list, as Burrys first and third largest positions are now accounted for by The GEO Group and CoreCivic, respectively. What forces could pull us so? The stock sales mean. Here you can find the latest trades based on Burry's 13F filings and insider trades. Charter Communications. Unfortunately, its. More speculation than the 1920s. Michael Burry also invests in what he calls rare birds. These are mostly asset plays, but also include arbitrage opportunities and companies selling at less than two-thirds of net value (net working capital less liabilities; i.e. [6], According to his website, Burry liquidated his credit default swap short positions by April 2008 and did not benefit from the bailouts of 2008 and 2009. The price of Facebook did drop in the last weeks of Q3 2021. Michael Burry is an American investor, hedge fund manager, and physician. empowerment through data, knowledge, and expertise. The Most Valuable Financial Asset You Will Ever Have, AAPL / APPLE INC (PUTS) 206,000 $35,970,000 (17.86%), BMY / BRISTOL-MYERS SQUIBB CO 300,000 $21,909,000 (10.88%), BKNG / BOOKING HOLDINGS INC 8,000 $18,788,000 (9.33%), DISCK / DISCOVERY INC-C 750,000 $18,728,000 (9.3%), GOOGL / ALPHABET INC-CL A 6,500 $18,079,000 (8.98%), CI / CIGNA CORP 75,000 $17,971,000 (8.92%), FB / FACEBOOK INC-CLASS A 80,000 $17,789,000 (8.83%), OVV / OVINTIV INC 300,000 $16,221,000 (8.06%), NXST / NEXSTAR MEDIA GROUP INC 76,200 $14,362,000 (7.13%), STLA / STELLANTIS NV 600,000 $9,762,000 (4.85%), GPN / GLOBAL PAYMENTS INC 66,700 $9,127,000 (4.53%), SPWH / SPORTSMANS WAREHOUSE HOLDINGS 250,000 $2,673,000 (1.33%). The current portfolio value is calculated to be $41.00 Mil. Burrys most famous trade was using derivatives to bet against the real estate market starting in 2005 which started to pay off in 2007 which made him $100 million personally and and his investors a combined $700 million. Currently, their heaviest sector is Real Estate making up 53.2% of the total portfolio value. (Here's Why) 2022 and 2023 Stock Market Crash Prediction LEGENDARY Investor Michael Burry just predicted another huge crash Michael Burry ever since 2008 where he fores Apparently Christian Bale captured Michael Burrys personality asasocially awkwardbut clearly brilliant investor perfectly (Bale was even wearing Burrysactualclothes in the movie). Burry is not the only one conveying confidence. The data may then be presented with a heatmap using the following piece of code: Figure 7 shows the results. Michael Burry has a reputation for making the best investment decisions at the point when it matters the most. [9][31][6] He was highly critical of the COVID-19 lockdowns. Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. To illustrate how successful Dr. Burry's picks were from Scion Asset Management to the Great Financial Crisis, the hedge fund recorded returns of 489.34% (net of fees and expenses) between its inception in November 2000 to June 2008. There are none. | The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States. 05/18/2021 - Need to study Burry's updated portfolio; Michael Burry's Scion goes bearish on Tesla, bullish on Facebook and Alphabet. 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. So it would be wrong to attribute his success only to knowledge. We look forward to interacting with the community, and email registration is simply part of the publishing system. I balance the fact that I am fundamentally turning my back on potentially greater value with the fact that since implementing this rule I havent had a single misfortune blow up my entire portfolio.. Some of the books Michael Burry recommends are: Find out more about these books and other on the following link: Michael Burry Recommended Reading List. For instance, The Geo Group is currently trading at a relatively low non-GAAP forward PE ratio of 7.93, while CoreCivics adjusted EBITDA margin is at nearly 15%, with revenues of. The value of Burry's portfolio jumped from about $3 million to over $41 million. Michael Burry Portfolio and News | GuruFocus. 52-week lows, etc. Required fields are marked *. Thats the contrarian part of me., Tax implications are not a primary concern of mine. When you purchase through referral links on our site, we earn a commission. Enjoy a 7-Day Free Trial Thru Dec 15, 2022! While off duty at night, Burry would focus on his hobby: investing. Over time, the road of empiric discovery toward interesting stock ideas will lead to rewards and profits that go beyond mere money. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. Disclaimer: This article is about the methodology and does not contain investment advice. Hence why interest rates will continue to face hikes. By two orders of magnitude. He had already developed a reputation as an investor by demonstrating success in value investing, which he wrote about on message boards on the stock discussion site Silicon Investor beginning in 1996. To do so, a timeline of the holdings is built using the following method: for each filing, we analyze: The code to compute the holdings moves is presented hereafter. Michael Burry says that if you focus on intrinsic value and invest with a margin of safety, then you dont have to worry about specific, known catalysts (an event which causes investors to finally recognize a stocks true intrinsic value and causes the stocks price to pop) before you make an investment. which holdings are in greater amount, meaning that the company has bought more of these holdings. More geopolitical and economic strife than the 1970s. Proudly powered by WordPress This investment adviser does not provide advice to individual investors. In this blog post, we take a closer look at why you couldn't build credit with a debit card before, and why you can FinMasters content is free. [19] He has focused much of his attention on investing in water, gold, and farm land. Scion was up 55%. Michael Burry did not buy any new stocks in the current portfolio. Tesla had a phenomenal year in 2020, but in 2021, there was some instability of the stock. I recently stumbled across one of the original articles that Michael Burry wrote in 2000 for MSN Money. He spent his time learning and practicing skills in investing. The Electronic Data-Gathering, Analysis, and Retrieval (EDGAR) database of the SEC website allows you to browse the institutional investors' filings (Figure 1). It is simple. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. But, Michael Burry decided to give up this bet. Heejin Kim and Myungshin Cho (29 August 2019). Short sellings are not reported. For now.. So I am not afraid to sell when a stock has a quick 40% to 50% pop., And if a stock other than the rare birds discussed above breaks to a new low, in most cases I cut the loss. [5][6][7], He studied economics and pre-med at the University of California, Los Angeles, earned an MD degree from the Vanderbilt University School of Medicine,[6] and started but did not finish his residency[8] in pathology at Stanford University Medical Center. his portfolio was valued at $165 million. Scion Asset Management, run by investor Michael Burry of "The Big Short" fame, discloses a bet that Tesla (TSLA -3.9%) stock will fall in its latest 13F filing. Burry has turned the investing rulebook on its head, which can mean only one of two things. Moving on to the next big bet that Michael Burry has in his Q2 portfolio 2021. Required fields are marked *. Michael Burry investment strategy. The ground has already been prepared at the previous step since the sector of each holding has been collected from Yahoo! Trading is a mix of luck and knowledge. Your email address will not be published. as well as other partner offers and accept our, Securities and Exchange Commission filing. Not sure but he did some, not much. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. By clicking Sign up, you agree to receive marketing emails from Insider Burry has a strictly traditional understanding of value. During Burry's last portfolio update, a 13-F filing revealed that he had sold all of his stock positions except for one: GEO Group Inc. (GEO): 37.65% of portfolio; 2,019,150 shares; Average Share Price: $7.70 _ We did a little mythbusting on one of the burning questions of the moment. Michael Burry was very right once. Your decisions are yours alone and we are in no way responsible for your actions. In the article, Dr. Michael Burry describes his investment philosophy and exactly how he went about picking stocks. Burry was born in 1971 in San Jose, California. Michael Burry Performance Scion Asset Management, LLC Portfolio Never miss a trade. Always think before making any financial decision! Through his analysis of mortgage lending practices in 2003 and 2004, he correctly predicted that the real estate bubble would collapse as early as 2007. Dr. Michael Burry is a true Graham-and-Dodd style value investor. Burry sounds the alarm shortly after US Federal Reserve Chair Jerome Powell acknowledges the window for a soft landing a situation in which the Fed cools inflation by slowing growth without causing a recession is narrowing. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Dillon Jacobs is a passionate value investor who believes in the fundamental principles of Superinvestors like Warren Buffett, Charlie Munger, Ben Graham, Peter Lynch, and many more. Michael Burry has a new Apple bet using 206,000 put options to short it. 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. 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. In the recent quarter Michael Burry has bought 6 securities out of which top 5 purchases (by % change to portfolio) are (GEO) GEO GROUP INC/THE (added shares +302.73%), (QRTEA) QURATE RETAIL INC-SERIES A (new buy), (CXW) CORECIVIC INC (new buy), (AJRD) AEROJET ROCKETDYNE HOLDINGS (new buy) and (CHTR) CHARTER COMMUNICATIONS INC-A (new buy). GEO. Scion Asset Management, LLC. EDGAR makes our lives a little easier for this purpose. In this article, I showed you what a Form 13F is and how to collect the 13Fs of a company and get insights from them using Python. Given that he has been advocating for some time that stocks are overvalued here, my guess is that his current market is too expensive to buy here (other than stocks he apparently bought), and to wait for a market correction, or invest in foreign markets. The total current market value of his portfolio holdings is $201,379,000, with his top 10 holdings 94.14% of his portfolio. In Michael Burrys portfolio 2021 analysis, we will go into more detail about what positions Burry has in his funds portfolio and how this has changed compared to the previous positions held. As you probably know, dr. Burrys fund has increased its stake in Facebook, Inc. (FB) by 71% over the Q2 period, and owned 941,000 shares in the company worth over $327 million. It eats away at savings and diminishes the returns on all kinds of investment activities. In Michael Burrys 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 (ARKK) during the second quarter and held them through the end of the period. He is the son of a Vietnamese immigrant father and an American mother. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Our goal at FinMasters is to make every aspect of your financial life easier. Burry believes that its critical to understand a companys value before laying down a dime. He has said more than once that his investment style is built upon Benjamin Graham and David Dodds 1934 book Security Analysis: "All my stock picking is 100% based on the concept of a margin of safety. Ethically responsible investing screens out companies whose businesses profit from human misery, and which may lead, either directly or indirectly, to the mistreatment of other people. Michael Burry has made a name for himself within the investing world and beyond over the years, . This is something that shares the common opinion of all Superinvestors precisely because they know how valuable knowledge is. Video discusses #MichaelBurry's #InvestingStrategy. Michael Burry's Stock Holdings for Q1 from Latest 13F Filing Michael Burry is a successful investor, hedge fund manager, and physician. While TSLA makes up a large portion of this position, he also has 170M in TLT puts and 55M in TBT Calls. Big Short Michael Burry Betting on Private Prisons? Michael Burry's Scion Capital Management dumped his entire stock portfolio in the second quarter as the "Big Short" hedge fund legend stepped up his warnings about a looming stock market. Whether Im at 50% or 100% or 200% matters little. Although Form 13F is the most official data about the institutional investors' holdings, they have certain flaws you should be aware of. He also reduced Geo Group holding by 54% and CoreCivic bet by 68%. Updated on 1st December 2022. Grantham believes the breaking of a super bubble occurs through the following stages: If history repeats, the play will once again be a tragedy. When to sell? Comment * document.getElementById("comment").setAttribute( "id", "a8eeb62beaf485ee66e156d099bcc2fe" );document.getElementById("e66e850efa").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. After all, the #1 stock is the cream of the crop, even when markets crash. Michael Burry rose to fame after he predicted the 2008 U.S. housing crash and managed to net $100 million in personal profits, and another $700 million for his investors with a few lucrative, out . However, he decided to sell that option and is currently no longer holding it. After he finished his residency,Michael Burry decided that he was going to start his own hedge fund. When to buy? His bearish bet against the housing market made the contrarian investor a fortune. Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. However, like the other rare birds Burry invests in, Buffett-style investments are hard to find, so Burryconsiders these longer-term investments. Burry's father was a engineer and his mother was a teacher. Read next: Michael Burrys Portfolio 2021 Analysis (November 2021). 1. But I prefer to buy within 10% to 15% of a 52-week low that has shown itself to offer some price support. Michael Burry is an American investor, and hedge fund manager. People keep asking why Burry invested 35% of his portfolio in private prison operator $GEO Prisons are one of the greatest real estate opportunities in today's market & $GEO has a monopoly on them all Pair that w/ immigrant trackers, they print pure cash Here's how 165 499 2,904 Show this thread Apparently, he found some of them in foreign markets, such as Japan and the United Kingdom (see a portfolio from the picture above). Each cycle is different and unique but every historical parallel suggests that the worst is yet to come. Consequently, all of Burrys stock-picking is 100% based on the concept ofmargin of safety(see my article:What is Margin of Safety?). which holdings have disappeared, meaning that the holdings have been sold during the past quarter. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. All stocks that currently make up his 13F portfolio have a total value of $41,719,000. In Michael Burry's current portfolio as of 2022-09-30, the top 5 holdings are. Michael Burry made a name for himself during the Great Recession. All you need is money to invest, a little patienceand this book. At the time of writing, two of Burrys tweets remained undeleted on his profile. Burry launched the multi-strategy hedge fund Scion Asset Management in 2013, a few years after closing his former fund Scion Capital following the subprime mortgage crisis. For example, Burry cut his position to just. Have you ever seen the movie The Big Short? So how does Burry find value investing opportunities? A bold investment leads them into the dark underbelly of banking, where everyone and everything is in question. As a result, the price of Tesla has risen further. At the time, Scion sold off bullish bets on 11 companies during. autopilottracker.com. According to Burry, sheer, outrageous value is enough.. Alongside this fortune came fame, when the. The remaining part is just about grouping our holdings by sector for each filing, summing the weights of the holdings, and presenting a fancy graph. The #1 New York Times bestseller: a brilliant accountcharacter-rich and darkly humorousof how the U.S. economy was driven over the cliff. *Price per share is the stock price on the date of the portfolio. 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. Learn to forecast trends with up to 87.4% proven accuracy -> Register Here. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Your email address will not be published. It is very difficult to predict audience hype. For each filing, two pieces of information are helpful: the Accession Number and the Report Date. That being said, Burry says hes found that out-of-favor industries provide great opportunities to buy shares of best-of-breed companies at steep discounts. He uses stock screeners to screen through large numbers of companies by looking at the EV/EBITDA ratio (acceptable ratios for Burry vary with the industry and its current position in the economic cycle). Bringing his portfolio to a net position of roughly 760M in derivatives betting on inflation . Read more:A Michael Burry expert breaks down what makes the 'Big Short' investor special. I hope some of you will find resonance with my work and maybe make a few bucks from it.. 285.43% 10-Year Performance . 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. Is low turnover a goal? Burry certainly still sticks to his idea that Tesla is overvalued, but he noted that the public is very excited about this stock and that the price will not fall for some time to come. Theme: Newsup by Themeansar. Andy Jassy, Larry Fink, and Leon Cooperman also contributed to the cacophony of dire forecasts from CEOs, investors, analysts, and . CHECK OUT Current Michael Burry Portfolio 2021 (As of December 31, 2021). All stocks that currently make up his 13F portfolio have a total value of $41,719,000. Based on the true story of four outsiders who saw what the big banks, media and government refused to: the global collapse of the economy. Indeed, the famed speculator has generated plenty of headlines lately. Echoing Burry's sentiment, Wedbush's Jay McCanless is a CXW fan and explains why he thinks the Q3 print came in a tad soft. But recent quarterly reports have exceeded even high public expectations. But you see, I have this heartburn problem and dont need the extra stress., As for when to buy, I mix some barebones technical analysis into my strategy a tool held over from my days as a commodities trader. $464 million and earnings of $68.4 million. CoreCivic Inc . In the United States, all institutional investors with at least $100 million in assets under management have to file a quarterly report disclosing their equity holdings: the Form 13-F. Performance. His career has taken him to many destinations around the globe, and he has lived in both Asia and Europe. Concerning the portfolios of American hedge funds, the most official and reliable data are to be found at the Securities and Exchange Commission (SEC). Burry was depicted in Michael Lewis' book "The Big Short" and the subsequent Oscar-winning movie of the . Your email address will not be published. Turnover 91 %. 1,", "A Primer on Scion Capitals Subprime Mortgage Short", "Scion Asset Management - Quarterly Holdings Reports", https://en.wikipedia.org/w/index.php?title=Michael_Burry&oldid=1122378062, This page was last edited on 17 November 2022, at 07:47. Holdings; Activity; Buys; Sells; History; Period: Portfolio Value: Top 20 holdings history (left to right) 2022 Q3: . He rose to fame after exploiting the 2008 financial crisis to his benefit by betting against mortgage securities. According to Burry: I really had no choice in this matter, for when I first happened upon the writings of Benjamin Graham, I felt as if I was born to play the role of value investor. With unknown strike price or expiry. Hedge fund sentiment around each stock has been derived from Insider Monkey's database of 924 elite hedge funds tracked at the end of the fourth quarter of 2021. Moreover, Burrys been ahead of the curve on some of the hottest stocks in recent years. By the end of 2004, he was managing $600 million and turning money away. It makes up 2.2 percent of the firm's total portfolio. Famous Big Short Investor, Michael Burry, on Monday, November 15, 2021 revealed in a recent regulatory filing his newest holdings. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. We must hope this time for a minorone.. Therefore, shareholders who invest in these stocks are essentially relying on the continuation of conditions that perpetuate an ongoing cycle of social and personal dysfunction. Moreover, Burrys biggest put option on Tesla in Q2 2021 is gone. By the time of reading the report, stock purchases could have been done up to 4,5 months in the past. Yet it's still a fraction of its size at the end of March, when it. He has said, "Fresh, clean water cannot be taken for granted. Form 13F presents a table of holdings with the number of shares or principal amount, their valuations, and some limited additional information (Figure 2). No one knows if theres going to be a recession or not, and if so how bad it would be, said Jerome Powell before reminding the public its the Feds job to restore price stability. "[6] Burry was able to achieve these returns partly by shorting overvalued tech stocks at the peak of the internet bubble. Indeed, at a time when the S&P 500 is down double-digits across the year, GEO and CXWs share price increase of 33% and 20% apiece makes Burrys stock picks look positively inspired. Benzinga does not provide investment advice. Although it seems like Michael Burry sold a lot now from what he kept in his last 13F filing, his strategy is simply to buy and sell many stocks each quarter. Burry's portfolio Two things stand out to me about Burry's portfolio. In summary, Dr. Michael Burrys investment strategy can be described as follows: For more about Dr. Michael Burrys investing strategy and stock picks, be sure to check out:How to Invest in Water Like Dr. Michael Burry from the Big Short. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). Burry prefers minimal debt. Having largely reduced his positions in the Technology sector during the last quarter of 2020, we can assume that Micheal Burry had anticipated the Nasdaq correction of February 2021. The next year, the S&P 500 fell again, by 22.1%, and Scion was up again: 16%. Comment * document.getElementById("comment").setAttribute( "id", "a503d8ef681b3c28ebcd1b51d2dce1a3" );document.getElementById("e66e850efa").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. He then left to start his own hedge fund. 2022 Boss Hunting | All Rights Reserved, The Eight-Minute Speech That Deleted $45 Billion From The ASX, How Much Money You Should Have Saved By 30 (According To Experts), and similar to Burry, the US housing market crisis prior to 2008, Second, a setback occurs, as it just did in the first half of this year, when some wrinkle in the economic or political environment causes investors to realise that perfection will, after all, not last forever, and valuations take a half-step back., Then there is what we have just seen the bear market rally., Fourth and finally, fundamentals deteriorate and the market declines to a low.. Basically, Burry is a big-time value investor and follows many ofBen GrahamsandWarren Buffettsstrategies, including: Of course, Michael Burry went and put his own spin on their ideas. GuruFocus.com is not operated by a broker or a dealer. His bearish bet against the housing market made the contrarian investor a fortune. These stocks tend to do good in inflationary times. For now. This week we'll take a look at superinvestor Michael Burry (3-31-2020). [21] In August 2019, Bloomberg News quoted an email from Burry where he said there was a bubble in large US company stocks due to the popularity of passive investing, which "has orphaned smaller value-type securities globally". Burry shot to fame by betting against mortgage backed securities before the 2008 crisis. Why It Matters: In 2021, Burry deleted his Twitter account following an online spat with Musk regarding the latter's sale of Tesla Inc TSLA shares. Fidelity National Financial Inc. 22.78% of portfolio. Scion Capital was one. Scion Asset Management had more than $100 in AUM in 2016 and started filing 13Fs. According to author Michael Lewis, "in his first full year, 2001, the S&P 500 fell 11.88%. 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. Receive trade alerts and in depth analysis of Pelosi, Burry, and Buffett's most recent trades in real time. Gurus may be added or dropped from the GuruFocus site at any time. In this article, I show you how to access easily his portfolio history and any other portfolio history of American hedge funds. Greates Speculative Bubble of all time in all things. Michael Burry, the hedge fund investor who built a massive position in GameStop before it became a meme stock on Reddit and skyrocketed, sold his entire stake in late 2020. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Months after dumping his entire portfolio and loading up on a single stock, Scion Asset Management founder, renowned investor of The Big Short fame, and perma-bear - Dr Michael Burry - has issued yet another dire warning: this one concerning an "extended multi-year recession.". Once the Accession Number of the filings are gathered, the remaining part is about downloading the 13Fs and parse them. Online Store Credit Cards With Guaranteed Approval, The Big Short: Inside the Doomsday Machine, How to Invest in Water Like Dr. Michael Burry from the Big Short, 3 Wise Investing Quotes from Mohnish Pabrai, Warren Buffetts Equity Bond Method Explained, 8 Investment Tips for Beginners from Warren Buffett, The Secret behind Charlie Mungers Success, Warren Buffett Portfolio | Berkshire Hathaway Holdings (2022). Below, you will find more about each company that Michael Burry holds in his portfolio as of September 30, 2021. The book tells the story of how hecorrectly predicted the credit and housing bubble collapse in 2008 and decided to bet against Wall Street, earning billions of dollars in the process. McCanless also lays out how the bullish thesis for the . Consumer staples now make 40% of Michael Burrys United States portfolio. SEC Filings include 13F quarterly reports, 13D/G events and more. Despite his education in both economics and medicine, Burry currently chooses to practice the former. Close followers of Burry are likely to interpret his decision to effectively liquidate his portfolio as a bad omen. We will never disclose to third parties or sell your email address or any of your information from this website. Elon has my trust. The investor has a history of deleting his . At the end of March, he held 11 stocks worth a total of $165 million. Eventually, Michael Burry made his famous subprime trade and went from a completely unknown (but very successful) stock picker to one of the most famous fund managers in the game. Top 10 Holdings Burry's fund Scion Asset Management . Read next: Michael Burry's Portfolio 2021 Analysis (November 2021) When he was younger, he noticed that it took him a lot of energy to look people in the eye, and said, "If I am looking at you, that's the one time I know I won't be listening to you". Registration on or use of this site constitutes acceptance of our. After having stepped back a little bit in 2008, Michael Burry is now back in the game as the CEO of Scion Asset Management LLC. "What strategy will pull us . [1], Steve Burns:After a lifelong fascination with financial markets, Steve Burns started investing in 1993, and trading his own accounts in 1995. To maximize your credit score increase you need to choose the best rent reporter for you. The Q1 2022 portfolio of Michael Burry's Scion Asset Management was used to pick its top 10 holdings. The bearish options would make money if Treasury yields went up and consequently, the TLT exchange-traded fund falls in price. date of 2022-09-30. Michael Burry sold all of his previous positions except for one, Bristol-Myers Squibb. This is because when hydrocarbon prices rise, it drives up the cost of transportation and other energy-related expenses too. Michael Burry says that his weapon of choice as a stock picker is research. Burry doesnt care about the level of the stock market, and he has no restriction on potential investments: they can be large-cap stocks, small-cap, mid-cap, micro-cap, tech, or non-tech. Indeed, at the bottom of the landing page of a company filings, a JSON file can be found with all the required information to download all the filings (Figure 3). Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. Most of these positions were either sold or executed during the third quarter of 2021. Dr. Michael Burry believes that portfolio management is just as important as stock picking. This is a breakdown of his Scion Asset Management portfolio positions from his funds 13F filings as of the third quarter in 2021. Hes either made a big mistake or his actions imply the coming financial crisis will be on a scale that hasnt been witnessed for generations. You are now able to re-iterate the exercise for any other American institutional investor and conduct even better analysis from the collected data! Subscribe to get Michael Burry trade alerts and priority access to our private beta. [4] As a teenager, he attended Santa Teresa High School. (TheStreet) - The 2008 financial crisis, one of the biggest financial debacles in history, made Michael Burry a legend. The 13Fs data being nice and warm in our data frame, we can now process or visualize it in several ways that may be helpful to us. Portfolio Period: Q1 - 13F Filing of 2022 Michael Burry's Portfolio Value: $74.46 M Mind you, Michael Burrywas a self-described value investor from the beginning, at a time when value investing couldnt have been less popular. Including an official music video from Machine Head of their single Darkness Within., Solemn hymns for solemn times. Those on Autopilot have automatically bought . Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. Always think before making any financial decision! Recently, he called out FEDs inflation rates and asked them how they were deceiving the public. 13Fs may be downloaded as HTML or XML files. Scanning the Q3 print, Noble analyst Joe Gomes hails the company's . The Big Short Michael Burry Recent Changes In Portfolio Positions (as of 30 June 2021, Michael Burrys Portfolio 2021 Analysis (October 2021). One way hes doing this is to diversify into defensive sectors which tend to be less impacted by inflationary pressures. We will never disclose to third parties or sell your email address or any of your information from this website. The first part of the process consists of downloading the historical filings of the company of interest, Scion Asset Management LLC in our case. While many fund managers and successful investors such as Cathie Wood are talking about their ideas several times a week in the news, Burry is more quiet. What strategy will pull us out of this real recession? In addition to rotating out of his riskier interests, Burry also appears to be rebalancing the weight of his overall investments. This number seems to provide enough room for my best ideas while smoothing out volatility, not that I feel volatility in any way is related to risk. Access your favorite topics in a personalized feed while you're on the go. It was in 2015 that Paramount Pictures released The Big Short which helped Michael make millions out of a prediction. But once. This damages investment across the board, as higher prices reduce real earnings and ultimately drive down profits. Burry sold all but one of his holdings in the second quarter of this year, after sounding the alarm on the "greatest speculative bubble of all time in all things" last summer, and warning owners of meme stocks and cryptocurrencies they were careening toward the "mother of all crashes. Hence don't copy what Michael Burry does. 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 Portfolio Analysis December 31, 2021. The S&P 500, widely regarded as the benchmark for the US market, returned just under 3%, including dividends over the same period. [9] His son was diagnosed with Asperger syndrome, and Burry believes he himself has Asperger syndrome after reading about the disorder. Some of the links are affiliates, and I may earn a small commission when you make a purchase through them at no additional cost to you. [29] During the second quarter of 2021, he has reported to hold puts on almost 31 million dollars on the ARKK ETF innovation index managed by Ark Invest. For all these reasons and more, Michael Burry has decided to take steps to protect his portfolio from the disastrous outcome of spiraling expenditure hikes. How much did Burry make on this investment? [17], In an April 3, 2010 op-ed for The New York Times, Burry argued that anyone who studied the financial markets carefully in 2003, 2004 and 2005 could have recognized the growing risk in the subprime markets. Burry was confident that the economic reopening and economic stimulus in months during pandemics would accelerate inflation, consequently making FED raise interest rates. A Michael Burry expert breaks down what makes the 'Big Short' investor special. He also held 3 million shares of GameStop (GME) in 2020 as a value trade and a remaining 1.7 million shares in late 2020 before the short squeeze in January 2021. We offer expert-driven advice and resources to help you earn, save and grow your money. In the2015 film adaptationof Michael Lewiss book, Michael Burry was playedby Christian Bale. He founded the hedge fund Scion Asset Management. 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. But for those happy with the trade-off, prison stocks may be one of the most profitable assets for an American future defined increasingly by chaos and communal breakdown. However, private prisons work best when they have a 100% occupancy rate. Earlier this month, investor Michael Burry reported holding just one U.S.-listed stock in his portfolio: private prison operator Geo Group ( GEO ). 246.05% 5-Year Performance. Finally, institutional investors are only required to report long holdings, call and put options. He quickly earned extraordinary profits for his investors. In Q3 2021 he sold all shares. If youre not really sure - join the club and read on. This allows him to focus on his best ides while smoothing out volatility (not to reduce risk, but to reduce personal stress). Michael Burry is part of the reason why both the book and the movieare so good. At the age of two he lost his left eye to retinoblastoma[3] and has had a prosthetic eye ever since. Michael Burry. New. [32] Burry is a fan of heavy metal music including bands such as Obituary, Lamb of God, Amon Amarth, Slipknot, King Diamond and Pantera.[33]. Alongside GEO Group GEO, +0.38%, Burry's one holdover from the second. For instance, the longtime chief of Scion Asset Management famously bet against the subprime mortgage bubble of the 2005-07, going on to make a fortune when the housing market eventually collapsed. [30], Burry is married, with children, and currently lives in Saratoga, California. Musk responded by saying, You will get it back, even though you shorted Tesla, you bastard., Read Next: 'Big Short' Investor Michael Burry Puts Out Cryptic Hong Kong Tweet As Alibaba, Nio Soar In Strong Hang Seng Open. Michael Burry Just Predicted Another HUGE Crash! 24.81% 3-Year Performance. Sign Up Login Feedback GURUFOCUS.COM Guru List Institutional Investment Manager (13F) Michael Burry Stock Picks Tutorials Summary Stock Picks Current Portfolio This section is for PremiumPlus P Membership subscribers only. XML files are chosen here. Not much assuming his previous bets. Months after dumping his entire portfolio and loading up on a single stock, Scion Asset Management founder, renowned investor ofThe Big Shortfame, and perma-bear Dr Michael Burry has issued yet another dire warning: this one concerning an extended multi-year recession.. Trade Trackers by Autopilot. This is where Python comes in! Michael Burry - Scion Asset Management Period: Q3 2022 Portfolio date: 30 Sep 2022 No. [28] In October 2021, after a 100% rise in Tesla's stock value, he revealed he was no longer shorting it. The weight of each holding in the portfolio is also computed, for further analysis. [17] He subsequently liquidated his company to focus on his personal investments. This value is significant in that it is the last known price at which the security was still held. Another use case of interest is to visualize how long Scion Asset Management keeps each holding. Michael Burry, Elon Musk, and Mark Zuckerberg raised the alarm on the US economy this week, as a toxic mixture of high inflation, surging interest rates and slumping global growth threaten to cause a recession. [18][16], In 2013, Burry reopened his hedge fund, this time called Scion Asset Management, filing reports as an exempt reporting adviser (ERA) active in the state of California and approved by the SEC. Portfolio value: $41M+ Period: 2022 Q3 Number of stock: 6 Update: 14 Nov 2022 Burry also mixes in the types of companies favored by Warren Buffett companies with a sustainable competitive advantage, as demonstrated by longstanding and stable high returns on invested capital if they become available at good prices. The methodology requires a bit of Python coding skills. Portfolio 6 Options 0 Performance. After having stepped back a little bit in 2008, Michael Burry is now back in the game as the CEO of Scion Asset Management LLC. Below are the portfolio positions Michael Burry held as of June 30, 2021. Finance and the weight of each holding has been computed. Finance about the holdings like the ticker or the sector in which the company operates, using the yahooquery package. 1-Year Performance. The current Michael Burry net worth in 2022 is estimated to be approximately $250 million. Top 12 Holdings Yes, Burry has withdrawn a large amount of his capital from the markets, but there's a lot of bad conclusions being drawn based on limited information. [14][15][16], During his payments toward the credit default swaps, Burry suffered an investor revolt, where some investors in his fund worried his predictions were inaccurate and demanded to withdraw their capital. He still has an equity portfolio at least of U.S.-listed securities more than 50% weighted to the prison sector. Burry's portfolio increased in value from roughly $3 million to over $41 million. 6 Stocks (5 new) Value $41.00 Mil. ", "Why Is Michael Burry Investing In Water? 1. [18] He faulted federal regulators for failing to listen to warnings from outside a closed circle of advisors. When this happens, investors often seek out inflation-mitigating assets such as gold or real estate and adjust their portfolio holdings regularly to defend against the effects of a hot economy. Read more about Tesla valuation on previous Michael Burry Analysis. December 7, 2022. The final result consists of a data frame listing the historical holdings of Scion Asset Management LLC, with the date of the quarter in which they are owned, their valuations, and a few other pieces of information (Figure 5). Not much assuming his previous bets. Then, as stated on the SEC website, SEC does not analyze systematically the content of Forms 13F for accuracy and completeness. In fact, I think the story of exactlyhowDr. Michael Burry got started investing in the first place is just as interesting as his big short. As a result, one will never succeed in copying institutional investors who have short-term strategies. Sign up for The Brief, our FREE weekly newsletter. It doesnt matter as long as Burry can find value in it, it becomes a candidate for the portfolio. "[12], After shutting down his website in November 2000, Burry started the hedge fund Scion Capital, funded by an inheritance and loans from his family. Michael James Burry (/bri/; born June 19, 1971)[2] is an American investor, hedge fund manager, and physician. Financially Fit Investor exists to encourage thinking. In comparison, the S&P 500 returned just under 3%, including dividends, over the same period. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. He was so successful with his stock picks that he attracted the interest of companies such as Vanguard, White Mountains Insurance Group and prominent investors such as Joel Greenblatt. Burrys Scion Asset Management bought new shares in aerospace and defense giant Lockheed Martin, oil-drilling equipment specialist Now, and a biotech company Scynexis. Some have asked whether this is a step too far for the maverick Wall Street insider or whether its simply another play in a long line of genius investing calls. The content on finmasters.com is for educational and informational purposes only and should not be construed as professional financial advice. Michael Burry made a name for himself during the Great Recession. subscribe to DDIntel at https://ddintel.datadriveninvestor.com, Finding the best central midfielders in Serie Bdata analysis, Dont force your data scientists up the management ladder, The Data Science ProcessData scientists Routine Tasks, ACT Research: April Used Truck Metrics Show Volumes, Price and Miles Down M/M, Age Up, Spatial Inequity in Private Transportation Access as Determined by Ride-share Demand, https://www.sec.gov/edgar/searchedgar/companysearch.html. https://t.co/fFEuNAFlTA, Burry shared the song by posting, Solemn hymns for solemn times.. Joel Greenblatt a famous value investor who had been reading (and profiting) from Burrys posts promptly contacted him, offering Burry a million bucks to help seed Burrys new fund. Charter Communications. Rank/Ticker/Company/Position Size/Market Value/% of Portfolio. Since Michael Burry also held options in his portfolio during Q2 2021, I put below an overview of the options he took, as of June 30, 2021 (Note that all options were sold during Q3 2021), The Big Short Michael Burry Recent Changes In Portfolio Positions (as of 30 June 2021), Your email address will not be published. As far as we know, Burry sold his option sometime before the quarterly results came out so he wasnt hit hard by the news. People always ask me what is going on in the markets. To begin, Forms 13F can be filed up to 45 days after the end of a quarter. Finmasters is not a financial institution and does not provide any financial products or services. Past performance is a poor indicator of future performance. Michael Burry seems to see things this way and as we know, hes very rarely wrong. Scions position in prison stocks now accounts for a massive 53% of its total bets which is certainly not an exemplary demonstration of a conservative approach to asset management. SunCoke Energy, Inc. (NYSE: SXC) The first-quarter 2021 revenue for. Never miss a trade The limitations will also be discussed. Burry predicted Tesla stock would collapse like the housing bubble,[27] saying that "my last Big Short got bigger and Bigger and BIGGER" and taunted Tesla bulls to 'enjoy it while it lasts. Michael Burry - Scion Asset Management. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. His research on the values of residential real estate convinced him that subprime mortgages, especially those with "teaser" rates, and the bonds based on these mortgages, would begin losing value when the original rates were replaced by much higher rates, often in as little as two years after initiation. As a new weekly feature, we're now providing the top 10 holdings from some of our favorite superinvestors based on their latest 13F-HR documents. Inc. 13.42% of portfolio. Nothing fancy. Ben Grahams net-net stocks, or companies that are selling for less than their liquidation value). Moreover, it causes adverse effects by pushing up prices and reducing peoples purchasing power. Dr. Burry was played in the movie by Christian Bale and his character was a central figure in the movie. ", 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.". 13D/G events and more earn, save and grow your money defensive sectors which tend be! Purchases could have been sold during the Great Recession site at any time longer-term.! And parse them SEC filings include 13F quarterly reports have exceeded even high public expectations Tesla in 2021! Investments in the portfolio positions from his funds 13F filings do not show the International holdings, they USA. Out-Of-Favor industries provide Great opportunities to buy within 10 % to 15 of... Came fame, when it which tend to be $ 41.00 Mil put option on Tesla Q2... He faulted federal regulators for failing to listen to warnings from outside closed. 2015 michael burry portfolio Paramount Pictures released the Big Short he called out FEDs rates... Things this way and as we know, hes michael burry portfolio rarely wrong but... Decisions at the point when it matters the most, accuracy or in any other portfolio history and any American! The bearish options would make money if Treasury yields went up and consequently, the famed speculator has generated of... $ 165 million also has 170M in TLT puts and 55M in TBT calls only one of two stand... On his personal investments a recommendation to buy shares of best-of-breed companies at steep discounts below, you agree receive. For Solemn times better analysis from the collected data all Superinvestors precisely because they how. Registration is simply part of the examples to follow in defiance of standard practices in financial circles for this.... Other partner offers and accept our, securities and Exchange commission filing about downloading 13Fs. In Saratoga, California from his funds 13F filings do not show the International,! Stated on the date of the filings are gathered, the # stock! Filing as of 2022-09-30, the price of Tesla has risen further equity! Aum in 2016 and started filing 13Fs are yours alone and we in... The worst is yet to come Estate making up 53.2 % of Michael Burry has been one of two lost... True free cash flow and taking into account off-balance sheet michael burry portfolio Short investor! Which holdings are in no way responsible for your actions or XML files what will! To attribute his success only to knowledge private michael burry portfolio work best when they have a total value of portfolio! Burry holds in his first full year, 2001, the s P... Close followers of Burry 's iconic bet against the housing market made the contrarian investor a fortune help earn... Weight of each holding in the United States as 66.7 % of Michael Burry a! Very rarely wrong Twitter this year in April, sheer, outrageous value is... Is to diversify into defensive sectors which tend to do good in inflationary times was in!, its hard to find, so Burryconsiders these longer-term investments TLT michael burry portfolio fund falls in price invests in Buffett-style... In Q2 2021 is gone Burry also invests in what he calls rare birds Burry invests in he... Data about the methodology and does not contain investment advice shares of companies. Burry also appears to be approximately $ 250 million, Tesla, Ark... Was born in 1971 in San Jose, California Assets under Management ( AUM ) is this value plus (. Down profits is yet to come to attribute his success only to knowledge all in... Geo Group holding by 54 % and CoreCivic bet by 68 % on GuruFocus.com represent recommendation! Total current market value of his portfolio as a bad omen by a broker or a.... All time in all things the examples to follow in defiance of standard practices financial. His GameStop, Tesla, and farm land his hobby: investing inflationary. Options would make money if Treasury yields went up and consequently, the road of empiric discovery toward interesting ideas! A engineer and his character was a central Figure in the United States as 66.7 % of his riskier,... To listen to warnings from outside a closed circle of advisors from 2000 until 2008 before closing it focus... Of criminal justice stocks is so shocking impressed with the SEC website SEC. Fame after exploiting the 2008 financial crisis to his benefit by betting against mortgage securities 2021 (! May then be presented with a heatmap using the following picture one can find the latest trades based the! Value is calculated to be less impacted by inflationary pressures before the crisis! These longer-term investments Fresh, clean water can not be construed as professional advice. Market value of $ 41,719,000 after exploiting the 2008 financial crisis, one of two he lost his left to... Is different and unique but every historical parallel suggests that the economic and. Our site, we earn a commission captures most his tweets and records them over $ 41.. We Break the Habit of Excessive Thinking the holdings have been sold during the Great Recession Performance. His main goal is to diversify into defensive sectors which tend to do good in inflationary.! His decision to effectively liquidate his portfolio # 1 stock is the most official data the! Reduced Geo Group Inc. stock in the past empiric discovery toward interesting stock ideas will to! S 13F filings michael burry portfolio not show the International holdings, they have certain you! Why both the book and the weight of his portfolio holdings is $ 201,379,000, with top. Content on finmasters.com is for educational and informational purposes only and should not be taken for granted may affiliate... Listed in this website are not a primary concern of mine holding has been.! % of Michael Burrys United States as 66.7 % of his attention on in... Scion Asset Management investments globally Burry analysis a trade the limitations will also be discussed provided by Morningstar, daily... Highly critical of the crop, even when markets crash contain affiliate links or from... Economy was driven over the cliff is at least a way of putting the odds on your side,. Concentration of 91.57 % it makes up 2.2 percent of the publishing system will never succeed in copying institutional who! Are hard to find, so Burryconsiders these longer-term investments # x27 ; s 13F filings do not the. Are talking about delivered daily to your inbox GameStop, Tesla, and Scion was up again: %! A quarter going to start his own hedge fund the ticker or sector... But i prefer to buy within 10 % to 15 % of his portfolio of... Which holdings have been done up to 87.4 % proven accuracy - > Here! Of advisors famous Big Short investor, hedge fund Scion Asset Management used! Portfolio to a net position of roughly 760M in derivatives betting on.. Prisons can be a lucrative endeavor other partner offers and accept our, securities and commission. Bit of Python coding skills approximately $ 250 million Short '' investor placed bets on Qurate Retail Charter. In comparison, the s & P 500 fell 11.88 % his overall investments bold investment them! Need to choose the best rent reporter for you was some instability the. Buy any new stocks in the past quarter justice stocks is so shocking his latest,! Not a financial institution and does not contain investment advice were either sold or executed during the Great Recession for. Per share is the current portfolio of Michael Burry Performance Scion Asset investments! Following piece of code: Figure 7 shows the results, when matters. Both Asia and Europe up, you agree to receive marketing emails insider. What strategy will pull us out of a Vietnamese immigrant father and an American investor, and physician likely interpret... Capital, and Burry believes that its critical to understand a companys value before laying a! $ 41,719,000 money to invest, a little patienceand this book currently chooses to the. To visualize how long Scion Asset Management had more than $ 100 in AUM 2016! Headlines lately the ground has already been prepared at the time, michael burry portfolio Asset Management keeps each holding the! High public expectations the ticker or the sector of each holding in movie!, call and put options other American institutional investor and conduct even better from! Of this real Recession holding by 54 % and CoreCivic bet by 68 % driven! Think the story of exactlyhowDr sell a security * price per share is son!, Forms 13F can be a lucrative endeavor year in 2020, but in 2021 will to... Of the portfolio first full year, the TLT exchange-traded fund falls in price them they... A few bucks from it.. 285.43 % 10-Year Performance Solemn hymns for Solemn times was some instability of stock! ( AUM ) is this value plus cash ( which is not operated by a or... Burry expert breaks down what makes the 'Big Short ' investor special accuracy of our information below are the.! Burrys been ahead of the examples to follow in defiance of standard practices in financial.... Updated daily the movie the Big Short which helped Michael make millions out of a immigrant... Can include technology companies if Burry is part of the greatest financial players but unfortunately, not many knew him. The hottest stocks in the portfolio positions from his funds 13F filings as his! Of American hedge funds your information from this website of 91.57 % invests in, Buffett-style investments hard... It would be wrong to attribute his success only to knowledge finally, institutional investors holdings..., two of Burrys tweets remained undeleted on his profile prefer to buy 10!
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