Here’s ‘Big Short’ Michael Burry’s updated stock portfolio
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Michael Burry of ‘The Big Short’ has updated his stock portfolio, focusing on defensive equities, selective exits, and an evolving stance on Chinese technology giants. His defensive tilt is evident in his increased allocation to healthcare and insurance, alongside a notable reduction in Chinese tech stocks, which had delivered significant returns in previous months. According to Burry’s latest 13F filing for the fourth quarter of 2024, his firm, Scion Asset Management, holds 13 stocks with a total portfolio value of $77.4 million. Scion Asset Management stock portfolio. Source: SEC The largest holdings remain Chinese e-commerce giants Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU), making up 16.43% and 13.61% of the portfolio, respectively. However, during the quarter, Burry trimmed his position in the Chinese tech positions, reducing his stake in JD.com (NASDAQ: JD) by 40% and Alibaba by 25%. This move could signal a cautious approach to these stocks, even as they continue to rally in recent weeks. For instance, year to date, BABA has surged 46.83%, trading at $124.73 as of the last session. The company’s venture into artificial intelligence (AI) has fueled part of this growth. In late January, Alibaba released a new version of its Qwen 2.5 AI model, which it claimed surpassed DeepSeek-V3—a model that has gained massive popularity recently. JD.com is also off to a strong start in 2025, gaining over 20% and trading at $41.38 as of press time. This momentum has been driven partly by the company’s global expansion and various strategic partnerships. BABA and JD YTD stock price chart. Source: Finbold Additionally, Burry’s portfolio recorded a significant shift after he swept aside his positions in Shift4 Payments (NYSE: FOUR) and Olaplex Holdings (NASDAQ: OLPX) Michael Burry’s other portfolio adjustments Among Burry’s latest purchases, the most significant is The Estee Lauder Companies (NYSE: EL),…
Filed under: News - @ February 15, 2025 6:16 pm