Analyzing Michael Burry (Trades, Portfolio)'s Fourth Quarter 2024 13F Filing

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Michael Burry (Trades, Portfolio), renowned for his prescient bets against the housing market prior to the 2008 financial crisis, recently submitted his 13F filing for the fourth quarter of 2024. Known for his deep value investing approach, Burry's investment decisions are closely watched by market participants. His firm, Scion Asset Management, is based in Saratoga, California, and continues to provide valuable insights into his strategic investment maneuvers.

Summary of New Buy

Michael Burry (Trades, Portfolio) added a total of 8 stocks to his portfolio, with notable additions including:

The Estee Lauder Companies Inc (NYSE:EL), with 100,000 shares, accounting for 9.68% of the portfolio and a total value of $7.498 million. PDD Holdings Inc (NASDAQ:PDD), consisting of 75,000 shares, representing approximately 9.39% of the portfolio, with a total value of $7.274 million. HCA Healthcare Inc (NYSE:HCA), with 15,000 shares, accounting for 5.81% of the portfolio and a total value of $4.502 million.

Key Position Increases

Michael Burry (Trades, Portfolio) also increased his stakes in a total of 1 stock:

American Coastal Insurance Corp (NASDAQ:ACIC), with an additional 46,100 shares, bringing the total to 146,100 shares. This adjustment represents a significant 46.1% increase in share count, a 0.8% impact on the current portfolio, with a total value of $1.967 million.

Summary of Sold Out

Michael Burry (Trades, Portfolio) completely exited 3 holdings in the fourth quarter of 2024, including:

Shift4 Payments Inc (NYSE:FOUR): Sold all 150,000 shares, resulting in a -10.24% impact on the portfolio. Olaplex Holdings Inc (NASDAQ:OLPX): Liquidated all 1,000,000 shares, causing a -1.81% impact on the portfolio.

Key Position Reduces

Michael Burry (Trades, Portfolio) also reduced positions in 3 stocks, with significant changes including:

Reduced JD.com Inc (NASDAQ:JD) by 200,000 shares, resulting in a -40% decrease in shares and a -6.16% impact on the portfolio. The stock traded at an average price of $38.64 during the quarter and has returned 23.99% over the past 3 months and 19.27% year-to-date. Reduced Alibaba Group Holding Ltd (NYSE:BABA) by 50,000 shares, resulting in a -25% reduction in shares and a -4.09% impact on the portfolio. The stock traded at an average price of $94.17 during the quarter and has returned 37.62% over the past 3 months and 47.02% year-to-date.

Portfolio Overview

As of the fourth quarter of 2024, Michael Burry (Trades, Portfolio)'s portfolio included 13 stocks. The top holdings were:

Story Continues

16.42% in Alibaba Group Holding Ltd (NYSE:BABA) 13.61% in Baidu Inc (NASDAQ:BIDU) 13.43% in JD.com Inc (NASDAQ:JD) 9.68% in The Estee Lauder Companies Inc (NYSE:EL) 9.4% in Molina Healthcare Inc (NYSE:MOH)

The holdings are mainly concentrated in 6 of the 11 industries: Consumer Cyclical, Healthcare, Communication Services, Consumer Defensive, Basic Materials, and Financial Services.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.

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