Though Michael Burry is best known for his famous ‘Big Short’ during the Great Recession of 2008 – and though his attempt to bet against the semiconductor industry was abandoned in 2023 without success – he has continued being an active investor with many lucrative trades.
In more recent years, his troubled investment in Alibaba (NYSE: BABA) has drawn significant attention as it has, for more than a year, tethered on the verge of profitability without ever decisively crossing the threshold, but he also owns numerous other curious and successful stocks.
Additionally, Burry has recently executed a well-timed sale of Advance Auto Parts (NYSE: AAP) thus saving himself from substantial losses following the company’s recent dramatic stock market drop.
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With ‘The Big Short’ investor’s past and recent successes, Finold decided to examine more closely the ten biggest holdings within his portfolio as of the latest 13-f filing.
During the most recent reported quarter – the period from the start of April to the end of June – Michael Burry made major adjustments to his portfolio, significantly reducing its size.
Still, despite the removal of multiple stocks from the list of Scion Asset Management’s holdings, the portfolio remains highly diversified as it is spread across technology, e-commerce, payment solutions, the financial sector, and even hair-product manufacturers.
These are Michael Burry’s 10 biggest holdings
The portfolio even, in a manner of speaking, spans the Pacific Ocean as Burry holds three major Chinese stocks – Alibaba, JD.com (NASDAQ: JD), and Baidu (NASDAQ: BIDU). In fact, BABA shares are ‘The Big Short’ investor’s biggest position and account for 21% of the holdings, while the three Chinese stocks constitute 45%.
Elsewhere, Burry’s second biggest holding comes from the financial sector in the form of Shift4 Payments (NYSE: FOUR), a company specializing in mobile payment software and hardware. The 100,000 FOUR shares account for 14% of Scion Asset Management portfolio’s value.
A stock from an adjacent sector, American Coastal Insurance Corp (NASDAQ: ACIC), also represents a significant portion of the portfolio at 5.1%.
Additionally, while Burry’s past moves may indicate that his investment in Hudson Pacific Properties (NYSE: HPP), a real estate investment trust, one of his most interesting holdings in 2024 has been RealReal Inc (NASDAQ: REAL) – a luxury online retailer – thanks to its exceptionally strong performance.
Another interesting holding in ‘The Big Short’ investor’s portfolio comes in the form of Olaplex Holdings Inc (NASDAQ: OLPX), a holding company whose subsidiaries are mostly focused on manufacturing various hair products. OLPX shares account for 2.9% of the portfolio.
Finally, Michael Burry also remains invested in the healthcare sector through his third biggest holding – Molina Healthcare (NYSE: MOH) – and his smallest position, the biopharmaceutical firm called Bioatla Inc (NASDAQ: BCAB).
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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
