These Are The Top Holdings Of Michael Burry

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Michael Burry is an investor and hedge fund manager, popularly known as “The Big Short.” In 2001, Burry founded Scion Capital, which is presently among the top-performing hedge funds (on the basis of a 3-Year Annualized Weighted Return).

He is widely known for correctly predicting the 2008 real estate market crash and, in turn, making millions from it. Burry admits that his investment style is inspired by the 1934 book “Security Analysis.”

Burry studied economics and pre-med at the University of California and obtained his M.D. from the Vanderbilt University School of Medicine. Let’s take a look at the top holdings of Michael Burry.

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Top Holdings Of Michael Burry

We have used the latest available 13F filing (Sept. 30, 2022) of Scion Capital to come up with the top holdings of Michael Burry. As of September 30, Burry had only six stocks in the portfolio. Let’s take a look at the top holdings of Michael Burry:

  1. Liberty Latin America

Founded in 2010 and headquartered in Denver, Colo., it is a holding company that offers fixed, mobile and subsea telecommunications services. Burry owns over 155K shares of Liberty Latin America Ltd (NASDAQ:LILAK), having a market value of more than $950K.

These shares account for 2.32% of Burry’s portfolio. Burry first acquired Liberty Latin America shares in Q3 2022. Liberty Latin America shares are down by almost 31% year to date but are up by almost 12% in the last three months.

  1. Charter Communications

Founded in 1993 and headquartered in Stamford, Conn., this company offers broadband communications services, including Spectrum TV, Spectrum Internet, and Spectrum Voice. Burry owns 10K shares of Charter Communications Inc (NASDAQ:CHTR), having a market value of more than $3 million.

These shares account for 7.35% of Burry’s portfolio. Burry first acquired Charter Communications shares in Q3 2022. Charter Communications shares are down by over 42% year to date and down almost 15% in the last three months.

  1. Aerojet Rocketdyne Holdings

Founded in 1915 and headquartered in El Segundo, Calif., this company offers solutions in the area of aerospace, defense and real estate. Burry owns over 132K shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD), having a market value of more than $5.30 million.

These shares account for 12.84% of Burry’s portfolio. Burry first acquired Aerojet Rocketdyne Holdings shares in Q3 2022. Aerojet Rocketdyne Holdings shares are up by almost 10% year to date and up over 16% in the last three months.

  1. CoreCivic

Founded in 1983 and headquartered in Brentwood, Tenn., it is a government solutions company that develops and manages prisons and other correctional facilities. Burry owns over 724K shares of Corecivic Inc (NYSE:CXW), having a market value of more than $6.40 million.

These shares account for 15.52% of Burry’s portfolio. Burry first acquired CoreCivic shares in Q3 2022. CoreCivic shares are up by almost 22% year to date and up over 23% in the last three months.

  1. Qurate Retail

Founded in 1991 and headquartered in Englewood, Colo., this company deals in video and online commerce industries. Burry owns 5 million shares of Qurate Retail Inc (NASDAQ:QRTEA), having a market value of more than $10 million.

These shares account for 24.34% of Burry’s portfolio. Burry first acquired Qurate Retail shares in Q3 2022. Qurate Retail shares are down by almost 74% year to date and down over 45% in the last three months.

  1. GEO Group

Founded in 1984 and headquartered in Boca Raton, Fla., this company offers secure facilities, processing centers, and community re-entry facilities. Burry owns over 2 million shares of Geo Group Inc (NYSE:GEO), having a market value of more than $15 million.

These shares account for 37.65% of Burry’s portfolio. Burry first acquired GEO Group shares in Q4 2020, and has added more shares of it in the last quarter. GEO Group shares are up by over 26% year to date and up almost 26% in the last three months.

Apart from these stocks, Burry is bullish on gold as well. Burry expects gold to rally due to the crypto contagion risk post-FTX collapse.

“Long thought that the time for gold would be when crypto scandals merge into contagion," Burry said in a tweet earlier this week. The tweet has since been deleted.

In another tweet, Burry said he has a significant short position currently. However, it is not known what short position (or positions) he was referring to.

"You have no idea how short I am," Burry tweeted Tuesday.