";s:4:"text";s:20336:"Dr. Michael Burry and his fund Scion Capital were made famous by the movie "The Big Short," which documented the history and events leading up to his contrarian but hugely successful bet against the real estate market in 2008. It cratered to $21 per share at one point last year. 4 Things to Expect From Citigroup in 2021, Citigroup (C) Q4 2020 Earnings Call Transcript, Copyright, Trademark and Patent Information. This is a breakdown of his trading and investing portfolio long stock positions from his fund’s 13F filings as of the 3nd quarter of 2020. Despite being one of the early investors in GameStop stock, Burry's recent 13F filing shows he sold GameStop stock likely at or below $20/share. Stock % of Portfolio. Current Cathie Wood Portfolio 2021: Ark Invest Holdings, Current Best Finance Movies on Netflix 2021, Top Ten Netflix Finance Documentaries 2021. Pfizer Inc. 12.2% Scion Asset Management had more than $100 in AUM in 2016 and started filing 13Fs. The approval of the overhaul plan is a critical step on its road to getting the asset cap removed. Pfizer Inc. 12.2% Below is the current Michael Burry portfolio in 2020 after his Q3 update. “Actually”, as opposed to the scores of market participants (professional and otherwise) who purport to have some loose claim on “calling the GFC”. Pfizer Inc. 12.2% Michael Burry is certainly no slouch when it comes to investing. Scion Asset Management is a hedge fund with 6 clients and discretionary assets under management (AUM) of $386,906,493 (Form ADV from 2020-03-27). Recently, Burry made $270 million on his investment in GameStop, but the struggling retailer is not the only new target he has been focused on. We’re motley! Michael Burry rose to fame by betting against mortgage-backed securities (or MBS) during the 2007–08 housing market bubble. Below is the current Michael Burry portfolio in 2020 after his Q3 update. Scion Asset Management is a hedge fund with 6 clients and discretionary assets under management (AUM) of $386,906,493 (Form ADV from 2020-03-27). Top 10 Holdings Dr. Burry stock holding and portfolio%: Total portfolio value $440 million. Since then, Scion has averaged about 12 positions in its quarterly 13F portfolio. And despite the pandemic, Citigroup still generated an $11.4 billion profit in 2020. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. In the fourth quarter, Burry had the opportunity to buy call options on shares at prices ranging from a low of $41 per share to a high of $61.66. 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. Click on right here to get a PDF of this put upFund supervisor Dr. Michael Burry was made well-known Current Michael Burry Portfolio 2021 - Options Call Today Sunday, February 21, 2021 He has $238 million of capital under management at his firm Scion Asset Management, LLC Holdings. Famed money manager Michael Burry, main character in the book and movie “The Big Short,” began reporting his Scion Asset Management holdings in Q4 of 2018 after a two year hiatus. Dr. Burry has thought to have been shorting Tesla stock or buying Tesla put options but the specifics are not known as the position is likely always changing. This is a breakdown of his trading and investing portfolio positions from his fund’s 13F filings as of the 3nd quarter of 2020. Here is the current Michael Burry portfolio as of 2021 based on his 4th quarter 13f filing at the end of December 2020. 359.6%. Michael James Burry (/ ˈ b ɜːr i /; born June 19, 1971) is an American investor, hedge fund manager, and physician.He was the founder of the hedge fund Scion Capital, which he ran from 2000 until 2008, before closing the firm to focus on his own personal investments.Burry is best known for being the first investor to foresee and profit from the subprime mortgage crisis that … He was likely very happy to have made the triple digit return on his exit in 2020 as that is the goal of a deep value investor which is his primary methodology. For example, he’s one of the few people who can claim to have actually predicted one of the biggest financial meltdowns in modern history. Banks created MBSs as a … So based in his public reporting, Michael Burry sold his Gamestop stock somewhere between October 1st and December 31st in the price range from the high of $22.35 to the low of $9.10. Stock % of Portfolio Alphabet Inc. Class C 35.7% He was very close to pulling off the ultimate big long and they would have had to make a new movie if Christian Bale was available again. Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Dr. Burry’s fund still held 1.7 million shares of GameStop (GME) with 4.3% of his total portfolio when he reported his third quarter investment positions at the end of September 2020. He has $238 million of capital under management at his firm Scion Asset Management, LLC Holdings. Could he be on to something again? Precision Drilling Corporation 15.3% His fourth quarter 13f filings at the end of 2020 show zero GameStop shares as of December 31, 2020. The cap has been in place for three years and is considered one of the costliest bank punishments ever. Here are a list of stocks in his portfolio going into 2021: Molson Coors Beverage Company Class B 2.8%, Urstadt Biddle Properties Inc. Class A 2.7%, Ingles Markets, Incorporated Class A 2.4%. We’ll explain Burry’s views on the index fund bubble and how it impacts investors like you and me. So based in his public reporting, Michael Burry sold his Gamestop stock somewhere between October 1st and December 31st in the price range from the high of $22.35 to the low of $9.10. This is his investment portfolio now. CEO Charlie Scharf has pledged to ramp up Wells Fargo's investment banking division and also cut billions in annual expenses, work that is currently underway. Burry finds value in technology stocks. But one of the best recent pieces of news for the bank was that the Federal Reserve had approved its plans to overhaul its risk-management and governance structure. Alphabet Inc. Class C 16.2%. Scion Asset Management is based out of Saratoga and is run by Dr. Michael J. Burry. His fourth quarter 13f filings at the end of 2020 show zero GameStop shares as of December 31, 2020. In this video we show the stocks that Michael Burry is investing in during the 2020 stock market crash. Precision Drilling Corporation 15.3% This week we’ll take a look at superinvestor Michael Burry (12-31-2020). Banks created MBSs as a … The top holding is Alphabet Class C (16… This is his investment portfolio now. While he did not capture the parabolic run up to $438 a share in January of 2021 he did accumulate his position in the low single digit prices so he likely doubled, tripled, or quadrupled his money at least whenever he exited in the 4th quarter of 2020. Scion Asset Management is based out of Saratoga and is run by Dr. Michael J. Burry. Famed money manager Michael Burry, main character in the book and movie “The Big Short,” began reporting his Scion Asset Management holdings in Q4 of 2018 after a two year hiatus. 2014. In the days since the Fed approved its overhaul plan, shares have popped to more than $37. Its regulatory issues are not minor, but the bank is already investing billions of dollars into correcting them, which should ultimately improve its operations. The current market value of his portfolio is $315,294,00, with a top 10 holdings concentration of … As of the third quarter of 2020, Scion’s stock portfolio is worth US$440 million. Shares of Wells Fargo traded as low as roughly $21 per share and as high as around $30 per share last quarter. Michael Burry: GameStop's Wild Ride Is a Warning to Investors, Stocks: GME,BAC, Michael Burry, ... my prescription for a healthy portfolio is to proceed with extreme caution. More economic stimulus is likely on the way from Washington, and the economic forecast is much better now than it was just a few months ago. The bank's still trying to get back $500 million of those funds, but a judge recently ruled that the recipients don't have to return the money. Top 10 Holdings Here are a list of stocks in his portfolio going into 2021: Stock/Percentage of portfolio. Michael Burry is a well-known value investor and the founder of Scion Asset Management. It's fairly close to that size already, so this has prevented it from significantly growing its balance sheet. We don’t know when he exited in the fourth quarter but we do know he missed the entire Wall Street Bets/Reddit 2021 run up. This week we’ll take a look at superinvestor Michael Burry (12-31-2020). 2014. Enter your email address and we'll send you a free PDF of this post. Burry, of "The Big Short" fame, had GameStop as … Michael Burry is warning people to prepare for inflation and that Gold and Bitcoin might be at risk. Following our trading activity in 2020, our portfolio consists of the following 52 positions: ... October 2014. Burry’s most famous trade was using derivatives to bet against the real estate market in 2008 which made him and his investors a fortune. Alphabet Inc. Class C 16.2%. Below is a breakdown of his trading and investing portfolio positions from his firm’s 13F filings as of the 2nd quarter of 2020. Steve Burns: Portfolio manager(s) are listed as Dr. Michael Burry. Cumulative Growth of a $10,000 Investment in Stock Advisor, Famous 'Big Short' Investor Michael Burry is Bullish on These 2 Banks @themotleyfool #stocks $C $WFC, Citigroup Will Not Get Back $500 Million Accidentally Wired to Revlon Lenders, Judge Rules. As Game Stop stock went parabolic after the Wall Street Bets short squeeze on the hedge fund Melvin Capital the media was so excited and happy for Burry’s huge win they started calculating how many hundreds of millions he likely made on the trade. Michael Burry rose to fame by betting against mortgage-backed securities (or MBS) during the 2007–08 housing market bubble. This week we’ll take a look at superinvestor Michael Burry (6-30-2020). Finally, Bloomberg reported Burry said in an email interview on Tuesday January 26, 2021 that he’s now “neither long nor short.” He declined to comment on when he sold the stock and at what price. Market data powered by FactSet and Web Financial Group. In the fourth quarter, Scion bought nearly $33.3 million in call options on Citigroup, making them the largest position in its portfolio. But the onset of the pandemic sent Wells Fargo stock into a tailspin. His fourth quarter 13f filings at the end of 2020 show zero GameStop shares as of December 31, 2020. Several media outlets started writing articles about his new big win. Michael Burry is an American investor, and hedge fund manager. Michael Burry just missed the GameStop stock short squeeze. Below is the current Michael Burry portfolio in 2020 after his Q3 update. 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. Here you can find the latest trades based on Burry… He has $238 million of capital under management at his firm Scion Asset Management, LLC Holdings. Michael Burry: Top 10 Holdings (Q1 2020) Johnny Hopkins May 20, 2020 Stock Screener , Top 10 Holdings 1 Comment One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. He achieved fame for essentially shorting the housing market -- to great profit -- ahead of the Great Recession, a feat later profiled in the hit movie The Big Short, in which he was portrayed by Christian Bale. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Here is the current Michael Burry portfolio as of 2021 based on his 4th quarter 13f filing at the end of December 2020. Disclosure: No positions. This may be his new big short. He has $238 million of capital under management at his firm Scion Asset Management, LLC Holdings. Since then, though, the stock has been on the mend. Since then, Scion has averaged about 12 positions in its quarterly 13F portfolio. Fund manager Dr. Michael Burry was made famous in the movie The Big Short after he bet big against the housing market using derivatives and made a fortune during the 2008 crash. Michael Burry predicts another market crash. Like most players in the banking sector, Citigroup struggled in 2020 due to the ultra-low interest rates and higher credit costs resulting from the pandemic. Michael Burry is a lot of things most of us will never be. Those issues were on full display when the bank accidentally wired $900 million to parties who were not due to receive those funds. I explain why and what stocks Burry was buying instead in his 2021 stock investment portfolio. Alphabet Inc. Class C 35.7%. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group. This means that Burry accumulated shares of Game Stop Stock at approximately $5.52 a share on average. Citigroup also has a new CEO and is planning to head in a new strategic direction. Citigroup Inc. 14.4%. Portfolio manager(s) are listed as Dr. Michael Burry. Here are a list of stocks in his portfolio going into 2021: Stock/Percentage of portfolio. third quarter investment positions at the end of September 2020, Current Michael Burry Portfolio 2020 Update, Nicolas Darvas Price Action Trading Quotes. Should Value Investors Be Watching Citigroup? Here is the current Michael Burry portfolio as of 2021 based on his 4th quarter 13f filing at the end of December 2020. Citigroup Inc. 14.4%. He was widely talked about in the financial media in early 2021 as GameStop stock rocketed up to $438 a share after Burry was one of the biggest proponents of it as a value stock in 2020 holding a large percent of the stock as a position in his portfolio going into the fourth quarter of 2020. According to a 13F filed today, the manager, famous as the focus of the book and movie The Big Short, made the fast-food company his #2 position.It’s impossible to calculate Scion Capital’s exact cost basis on the 300,000 share stake — JACK’s price ranged from a high of … Here are a list of stocks in his portfolio going into 2021: Stock/Percentage of portfolio. Dr. Michael Burry and his fund Scion Capital were made famous by the movie "The Big Short," which documented the history and events leading up to his contrarian but hugely successful bet against the real estate market in 2008. Burry bought 250,000 shares of Wells Fargo valued at more than $7.5 million last quarter. Burry’s most famous trade was using derivatives to bet against the real estate market in 2008 which made him and his investors a fortune. 112.5%. The current market value of his portfolio is $224,698,000, with a top 10 holdings concentration of 65.94%. Michael Burry was also reported to have tweeted this on February 15, 2021: “$TSLA below $100/share by later this year will not crash the system. Famous 'Big Short' Investor Michael Burry is Bullish on These 2 Banks ... making them the largest position in its portfolio. Michael Burry is an American investor, and hedge fund manager. But Citigroup suffered from its own set of company-specific problems as well. This beleaguered bank has been struggling ever since its phony-accounts scandal came to light in 2016: For years, bank employees had opened millions of unauthorized accounts on behalf of customers. Here is the current Michael Burry portfolio as of 2021 based on his 4th quarter 13f filing at the end of December 2020. Below is a breakdown of his trading and investing portfolio positions from his firm’s 13F filings as of the 2nd quarter of 2020. On November 2nd, 2020 Dr. Michael Burry tweeted out he was short Tesla and explained why based on fundamentals, he has since deleted the tweet for some reason. Regulators slapped it with a $400 million consent order due to its failure to correct long-standing deficiencies with its internal controls related to governance, data, and risk management. Returns as of 02/25/2021. According to current portfolio statistics, the top five holdings of Michael Burry's Scion Asset Management as of the third quarter are GameStop Corp. … ... Interim report 1 October to 31 December 2020 by PRNewswire Stock Advisor launched in February of 2002. There is no reflexivity in such a fall. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. With shares currently trading above $65 per share, Burry is likely headed in the right direction on those call options. In this video we take a deeper look into Michael Burrys portfolio in 2020. On Tuesday, Feb. 16, the SEC released filings from many high-profile investors such as Warren Buffett, Cathie Wood and Michael Burry. 112.5%. Dr. Burry stock holding and … Despite the hiccups, Citigroup stock looks pretty good at these levels. In August 2019, Scion Capital announced that it had bought three million shares worth $16.56 million in gaming and electronics retailer GameStop. GameStop stock was $18.84 at the end of 2020. The current market value of his portfolio is $224,698,000, with a top 10 holdings concentration of 65.94%. Facebook, Inc. Class A 7.1% GameStop stock was $18.84 at the end of 2020. GameStop stock was $18.84 at the end of 2020. Michael Burry just missed the GameStop stock short squeeze. Dr. Michael Burry’s Scion Capital added Jack In The Box to its portfolio in Q1 of 2020. His firm, Scion Asset Management, just revealed that it made investments last quarter in megabanks Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC). So based in his public reporting, Michael Burry sold his Gamestop stock somewhere between October 1st and December 31st in the price range from the high of $22.35 to the low of $9.10. This is a breakdown of his trading and investing portfolio positions from his fund’s 13F filings as of the 3nd quarter of 2020. Wells Fargo traded above $50 per share at the start of 2020 and the bank still has a lot of work to do to get the cap removed, so Burry's investment likely has much more upside. 359.6%. Booking Holdings (Call) A call option position in Booking Holdings was new to the portfolio … Dr. Burry stock holding and portfolio%: Total portfolio value $440 million. 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…, Dr. Burry’s fund still held 1.7 million shares of GameStop (GME) with 4.3% of his total portfolio when he reported his. Famed 'Big Short' investor Michael Burry's top 5 portfolio holdings include a massive bet on Alphabet (GOOGL, FB, BKNG, GME, GS) Matthew Fox Aug. 19, 2020, 12:48 PM After the phony-accounts scandal, the Federal Reserve placed a $1.95 trillion asset cap on the bank. After a lifelong fascination with financial markets, Steve Burns started investing in 1993, and trading his own accounts in 1995. But it would trigger the end of an era for a certain type of investing.” – Cassandra @michaeljburry (The tweet has since been deleted). Citigroup Inc. 14.4%. The combination of all these issues helped push the bank's market cap well below its tangible book value, presenting a rare buying opportunity for those who still see its long-term promise. Following our trading activity in 2020, our portfolio consists of the following 52 positions: ... October 2014. Despite being one of the early investors in GameStop stock, Burry's recent 13F filing shows he sold GameStop stock likely at or below $20/share. I explain why and what stocks Burry was buying instead in his 2021 stock investment portfolio. Stochastic RSI vs RSI Indicator: Is one better than the other? Here you can find the latest trades based on Burry… ";s:7:"keyword";s:36:"michael burry portfolio october 2020";s:5:"links";s:1314:"Do Jaguars Swim,
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