The Motley Fool recommends Coherent. Read more:We put 7 burning questions to top economist David Rosenberg. 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. At the end of the third quarter of 2021, 51 hedge funds in the database of Insider Monkey held stakes worth $1.2 billion in Lockheed Martin Corporation (NYSE:LMT). Michael Burry placed new bets on Alibaba, JD.com, and MGM Resorts last quarter, a Securities and Exchange Commission filing revealedon Tuesday. 9.47% 3-Year Performance. The carrying value of our investment was approximately $13.3 billion at December 31, 2020 and $13.8 billion at December 31, 2019. Among the hedge funds being tracked by Insider Monkey, New York-based firm. QRTEA consists of seven brands that are always ahead of its competing forces. Burry, whose bet against subprime mortgages . is what Weitz Partners Value Fund has to say about Charter Communications, Inc. (NASDAQ:CHTR) in its Q3 2022 investor letter: According to Insider Monkeys Q3 data, 17 hedge funds were long CoreCivic, Inc. (NYSE:CXW), with combined stakes worth $57.4 million. We initially share this idea in October 2018 and the stock already returned more than 150%. Past performance is a poor indicator of future performance. Michael Burry added SkyWest, Inc. (NASDAQ:SKYW) to his Q4 portfolio by acquiring 125,000 shares worth $2.06 million. Discovery Inc. is a massive multinational media chain originating from America. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Naturally, that made his net worth go up. Meta Platforms, Inc. (NASDAQ:FB) has featured in the Scion portfolio since early 2020. 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. Israel Englanders Millennium Management is the leading stakeholder of the company, with 1.19 million shares worth $19.5 million. Charters hefty free cash flows are valuable in the hands of proven, astute capital allocators. Michael Burry said there will be "terrible consequences" if student debt is cancelled. However, despite many misconceptions he is currently not a Billionaire officially yet. Williams Trading analyst Sam Poser on January 16 upgraded Wolverine World Wide, Inc. (NYSE:WWW) to Buy from Hold with a price target of $18, up from $13. Michael Burry is a successful investor, hedge fund manager, and physician. NOW Inc. (NYSE:DNOW) distributes energy and industrial products for petroleum refining. 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. The hedge fund sentiment around the securities was assessed from Insider Monkeys Q3 2022 database of around 920 elite funds. The video was published on Feb. 28, 2023. is a leading shareholder in NOW Inc. (NYSE: DNOW) with 5.3 million shares worth more than $40 million. Here is what the fund said: We continued to keep our learnings from 2020 in mind during the quarter as we sought to increase the up capture of the portfolio. 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. The services falling under communications are voice coverage over a long-range, broadband, and ethernet provision, among others. Below is the Michael Burry portfolio today based on the 3rd quarter 13f filing as of 9/30/22 with the SEC. Enjoy a 7-Day Free Trial Thru Mar 12, 2023! Michael Burry Performance Scion Asset Management, LLC Portfolio Never miss a trade. , 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. On January 9, Truist analyst Michael Ciarmoli raised the firm's price target on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) to $58 from $45. Its selling for half of book value. During the third quarter, this position was sold off entirely. GuruFocus.com is not operated by a broker or a dealer. Deutsche Bank analyst Carlo Santarelli on February 9 raised the firm's price target on MGM Resorts International (NYSE:MGM) to $53 from $49 and kept a Buy rating on the shares. The average profit margin of the companies in this portfolio is 9.11%. Earlier in August, Burry had also sparred with Wood. 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. A higher ratio indicates a higher risk. We still like this investment. Burry opened a new position in Meta Platforms, Inc. (NASDAQ:FB) in the first quarter of 2021 after selling off the previous stake in late 2020. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. Some of the famous names that Burry sold in the third quarter include Alphabet Inc. (NASDAQ:GOOG), Meta Platforms, Inc. (NASDAQ:FB), and Discovery, Inc. (NASDAQ:DISCA), among others. 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.. In this article, we discuss the 4 best stock picks and portfolio performance of Michael Burry. Michael Burry is an American investor, and hedge fund manager. Our repositioning has been encouraging so far with the portfolio performing better on up days in the market while maintaining good down capture during more turbulent sessions.. Michael Burry is an American investor, and hedge fund manager. Price to Book Ratio is the Market cap divided by the Book value of the company. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are The GEO Group Inc (GEO), Black Knight Inc (BKI), Alibaba Group Holding Ltd (BABA), JD.com Inc (JD), Wolverine World Wide Inc (WWW), not including call and put options. Keith Meisters Corvex Capital is the largest stakeholder of the company, with 6.67 million shares worth $198.3 million. Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. RPT Realty is a company based in New York, in The United States of America. Fundamental company data provided by Morningstar, updated daily. In the fourth quarter of 2022, Michael Burry slashed his stake in Qurate Retail, Inc. (NASDAQ:QRTEA) by 70%, holding 1.50 million shares worth $2.4 million. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. To navigate the uncertain equity market in 2023, some of the stocks that Big Short Michael Burry is buying include Black Knight, Inc. (NYSE: According to Insider Monkeys Q3 data, 68 hedge funds were long Charter Communications, Inc. (NASDAQ:CHTR), and. Its performance is much better than ITA ( Morningstar.com gives it a four-star rating), and it . Hence, they collect and combine all these goods and portray their rich history through effectively utilizing media, providing an impactful shopping experience to its clients and customers. Michael Burry. He likely had no inkling that retail investors, eager to make some fast money and punish hedge funds, would pile into the stock and send it skyward. 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. In addition to that, it also owns 7 million fiber strand miles and many other components of the communication sector throughout The States. None. Indicates a company's profitability in relation to its total assets. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm. Despite his education in both economics and medicine, Burry currently chooses to practice the former. Here is what the firm said: We exclude our The Kraft Heinz Company (NASDAQ:KHC) holding 325,442,152 shares (In the list of 15 common stock investments that at yearend were our largest in market value) because Berkshire is part of a control group and therefore must account for that investment using the equity method. 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.. 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. Scion Asset Managements Stake Value: $2,445,000 (After a 70% Decline in Stake in Q4). Meanwhile, at the latest, Michael Burrys investments in GameStop have earned him a gain of 1,500%. Additionally, this management of the clients investments, ensures that success rates of the clients also go up. Michael Burry placed new bets on Alibaba, JD.com, and MGM Resorts last quarter, a Securities and Exchange Commission filing revealed on Tuesday. At the end of September, the fund owned 30,000 shares of Lockheed Martin Corporation (NYSE:LMT) worth $10.3 million, representing close to 25% of the portfolio. 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. It is one of the most popular stocks among hedge funds. These are known to operate beyond the U.S. borders. Back then they werent called hedge funds, they were called partnerships. The Qurate group is not a traditional e-commerce platform, neither does it provide traditional stores in the marketplace and malls. 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 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. $48 Million Total portoflio value. With a record $150 billion backlog and almost 30% of its revenue coming from building F-35 aircraft with deliveries forecast to reach 180 per year in 4-5 years (3Qs revenue upside was from the F-35), we believe LMT should grow at a higher rate than overall defense budget growth and Street expectations over the next several years. In Michael Burry's current portfolio as of 2022-12-31, the top 5 holdings are. Ric Dillons Diamond Hill Capital is the leading stakeholder of the company, with 3.60 million shares worth $55.4 million. However, it has streamlined its business since the last oil and gas downturn and expects reduced operating losses this round. 14 min read. 10 stocks we like better than Alibaba Group. Overall, Scion grew its US stock portfolio from six positions to nine, and its total value swelled by 13% to about $47 million. 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. Burry swapped out all but two of the holdings in his US stock portfolio. My Top Michael Burry Stock to Buy Now in March | Super Investors. Cost basis and return based on previous market day close. Hedge Fund Portfolio Manager Performance 22Q4 AUM # of Holdings Performance Rank Allocation ; Scion Asset Management: Michael Burry: 22.59%: $46538000: 9 Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. Burry added MGM Resorts International (NYSE:MGM) to his Q4 portfolio by purchasing 100,000 shares worth $3.35 million. The turnover rate is 70%. It was recorded between 2015 and 2016, that fundholding maximized to $100 million. 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. Michael Burry is one of the most famous & successful money managers in history & has a personal Net worth of over $300 Million. valuations for each stock, which positions are undervalued, have low PE Ratios, are considered high quality and recently traded at Uniti Group Inc. is a real estate investment trust, headquartered in America. , is behind the latter. 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. We have mentioned the stocks Burry sold first, and ranked the remaining list in ascending order of his stake value. 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. 5 Stocks to Buy Based on Michael Pausic's Foxhaven Asset Management Portfolio 5 Stocks to Buy According to David Fear's Thunderbird Partners, Retirement Stock Portfolio: 5 Safe Tech Stocks To Consider, 5 Best Stocks to Buy Today According to Value Investor David Abrams, Senator John Hickenlooper Latest Portfolio: 3 Stocks to Watch, 5 Best Stocks To Buy According To Terry Smith's Fundsmith LLP. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. Is Alibaba Stock a Buy After Q4 Earnings? Defensive positioning is the current theme of his portfolio . And it means its going to be harder than ever to hold onto any money you make. 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. 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. On January 27, Charter Communications, Inc. (NASDAQ:CHTR) reported a Q4 GAAP EPS of $7.69 and a revenue of $13.67 billion, missing Wall Street estimates by $1.08 and $60 million, respectively. 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. This years free cash flow guide is for $120 million (ex. 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. 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. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. The percentage indicates the payout in relation to the share price. Some of these brands are HSN, Garnet Hill, and Ballard Designs. S&P 500 Index lost 10.8% in 1957, so Buffetts investors actually thrilled to beat the market by 20.1 percentage points in 1957. MGM Resorts International (NYSE:MGM) was incorporated in 1986 and is based in Las Vegas, Nevada. Stocks of Now Inc. include products that cater to the needs of up and downstream and midstream. The fund returned about a 4.17% return in the quarter which was well below the market performance in Q4 2022 (S&P 500 index rose about 7%). The market value of the company. Learn More. 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. We still like this investment. The video was published on Feb. 16, 2023. Time will tell, but to paraphrase country music artist Merle Haggard, we do not yet think cables good times are really over for good.. In the third quarter of 2022, Michael Burry acquired 155,761 shares of Liberty Latin America Ltd. (NASDAQ:LILA) worth $958,000. 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. Fourth quarter adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year. Equity method earnings (losses) included the effects of goodwill and identifiable intangible asset impairment charges recorded by Kraft Heinz. Ken Griffins, 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. Market experts who closely follow Burry claim that this is a sign that he is preparing for a crash. Congrats to all those Autopilot'ing the Burry Portfolio, you should be up on this position too . The analyst noted that a focus on higher margin manufacturers and end markets was driving this improvement for NOW Inc. (NYSE:DNOW) that looked set to continue in 2022. 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. He set alarm bells ringing when he slashed his portfolio to a single position in the second quarter of last year, but added five additional namesin the third quarter. Burry's Scion firm held a $8 million stake in September 2019, and a $10 million stake in June 2020. The popular investment manager has been vocal on social media telling investors to sell their stocks and. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. It has its workload revolving around acquisition and construction. The investor of "The Big Short" fame quadrupled his stake in Geo Group, which invests in private prisons and mental-health facilities, to just over 2 million shares worth $15.5 million at the end of September. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. 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. To see Scion Asset Management's original 13F reports (2022 Q4), please click on the "important" button. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. Because of its high-end worth. In 2002, Scion was up 16%, while the S&P 500 fell 22.1%. Michael Burry Stock Portfolio Performance in 2021: 8 Best Picks, Michael Burry Stock Portfolio Performance in 2021: 4 Best Picks, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. As of June 30th, NOW had $269 million of cash and no debt ($497 million market cap), although if demand recovers as we expect, some cash will be reinvested in working capital. 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. 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. 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. 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! Access your favorite topics in a personalized feed while you're on the go. "It's time memesters look up what a death spiral convertible is," he said. . During the third quarter, Scion Asset Management made new purchases in 3 stocks, additional purchases in none, sold out of 19, and reduced holdings in 2 stocks. as well as other partner offers and accept our, Securities and Exchange Commission filing revealed. Michael James Burry ( / bri /; born June 19, 1971) [2] is an American investor, hedge fund manager, and physician. Most recent portfolio value is calculated to be $ 46,536,925 USD. is originally published on Insider Monkey. Scion opened a new position in The Kraft Heinz Company (NASDAQ:KHC) during the fourth quarter of 2020, buying nearly 600,000 shares at an average price of $32.46 per share. In this article, we discuss 13 stocks that Michael Burry is buying and selling. However, we will continue to monitor this investment and it is possible that an impairment loss will be recorded in earnings in a future period based on changes in facts and circumstances or intentions.. As per 13F filings for the fourth quarter of 2022, Burry sold off his stake in CoreCivic, Inc. (NYSE:CXW), worth $6.40 million. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. feet. LUMN mainly flourishes in the information technology sector and industry. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. In November, he once again warned of market speculation and this time compared the situation to the crisis just before the onset of the Great Recession in 1920. Some of the top picks still in the portfolio include CoreCivic, Inc. (NYSE: Lockheed Martin Corporation (NYSE:LMT) has won the backing of major hedge funds in the past few months. 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. ", 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.". 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%. , an asset management firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE:LMT) was one of them. It contributes 5.49% of his stocks, and therefore, it has a value of $7,679,000. Between June and September, the portfolio value of Scion Asset Management decreased from $140 million to just $41 million. The forward yield was 2.65%. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Geo is the tenth top holding of Michael Burry, having a fair contribution of 5.35% in his stocks. If you want to see more stocks in this selection, check out 5 Stocks Big Short Michael Burry Is Buying and Selling. An investor who invested $10,000 in Warren Buffetts hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor). To see the historical data of Scion Asset Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. Apparently, in 2004, Michael Burry had to stop taking on new work because he was already trying to handle $600 million. Scion Asset Management's public equity portfolio is heavily concentrated. We also made adjustments to the portfolios top 10 holdings to increase the participation of select stocks, including Facebook, while trimming our weighting to stable names, which now represent 47% of the portfolio. For instance in 2015, by market capitalization, Wells Fargo became the worlds largest bank, leaving a very minimal margin with ICBC. On February 8, Wolverine World Wide, Inc. (NYSE:WWW) declared a $0.10 per share quarterly dividend, in line with previous. The analyst believes that Charter's investment approach is becoming more comprehensible. 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. Charter is not sitting still; the company is adapting via footprint expansion into underserved areas, price-advantaged mobile line growth, and so on. It indicates the company's profitability. Since 2013, Michael Burry's earnings have come from his second founded firm, Scion Asset Management. Alibaba Group (BABA) Q3 2023 Earnings Call Transcript, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? 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 The Big Short had a very eventful 2021. 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. Feb 9. It owned 1 million BBBY shares worth almost $11 million on June 30, 2020. *Stock prices used were the afternoon prices of Feb. 14, 2023. Berkshire currently owns 325,442,152 shares of Kraft Heinz common stock representing 26.6% of the outstanding shares. Alibaba and JD.com are both Chinese e-commerce businesses. In this article, we discuss the 8 best stock picks and portfolio performance of Michael Burry. The company is a new holding in the portfolio of Scion Asset Management. However, he sold up in August, bagging an estimated $68 million profit. Burry's Scion firm held a $8 million stake in September 2019, and a $11 million stake in June . We put 7 burning questions to top economist David Rosenberg. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. It is one of the service providers of wireless functions and operations and is currently at the forefront of such providers. Performance. 338.80% 5-Year Performance. 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. Michael Burrys current investments also lie in Uniti Group Inc., which makes a contribution of 6.08% of Michael Burrys portfolio, valuing up to $8,504,000. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. From his first company, Michael Burry was able to earn huge profits and positive returns from the beginning for his investors. Bank of America Global Research data indicates that the reopening of China has led to an influx of investment in emerging market equities, causing record levels of inflows. In this article, we discuss 13 stocks that Michael Burry is buying and selling. He also scooped up 75,000 American Depositary Receipts (ADR) of JD.com, worth $4.2 million at the end of last year. Michael Burry did not buy any new stocks in the current portfolio. 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.