- Michael Burry’s 13F decreased from $104M to $98M this quarter.
- Scion Asset Management added JD.com and increased Altaba (AABA) during the quarter.
- The top three positions are JD.com (JD), Five Point Holdings (FPH), and Alphabet (GOOG) and they add up to ~27% of the portfolio.
Michael Burry’s 13F portfolio decreased marginally from $104M
to $98M this quarter. The portfolio is heavily concentrated with recent 13F
reports showing around 15 positions. The top five stakes are JD.com, Five Point
Holdings, Alphabet, Altaba, and Walt Disney (DIS).
Below is a summary:
Alphabet Inc. (GOOG):
GOOG is currently the third-largest position at ~9% of the portfolio. It was
established in Q2 2016 at prices between $668 and $767 and the stock is now at
$1076. There was minor trimming this quarter.
JD.com (JD): JD is the largest stake in the portfolio
at 9.21%. It was purchased this quarter at prices between $20 and $31. The stock
currently trades just above the top end of that range at $31.29.
The large ~9% stake in Alexander & Baldwin (ALEX)
established last quarter was disposed this quarter.
To know more about Dr. Michael Burry, check out the book The Big
Short: Inside the Doomsday Machine by Michael Lewis.
Below is a spreadsheet that shows the changes to Michael
Burry's Scion Asset Management US long portfolio holdings as of Q1 2019. For a
look at how the portfolio has progressed, see our previous update:
To learn more about how to profit from a strategy of
following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning
Strategies for the Little Guy .
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