Michael Burry's Top 10 Stocks in Q1

Michael Burry’s Top 10 Stocks in Q1

by

Michael Burry

Not long ago, Michael Burry’s “Scion Asset Management” held just one stock — a private prison company called Geo Group. Ever since then, his fund has been rebuilding positions in stocks that he feels are a good value — particularly, in Chinese stocks, and U.S. regional banks. 

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BURRY BANKS ON THE BANKS

Last March, following the collapse of Silicon Valley Bank, Michael Burry publicly stated that he saw no serious risk of a banking crisis, and that the current trouble would resolve itself soon. Last quarter, which ended on March 31st, Burry bought a slew of the regional banks — likely in an attempt to buy the dip following SVB followout. Those banks included PacWest Bancorp, Huntington Bancshares, Capital One Financial, Western Alliance, New York Community Bancorp, and First Republic

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Unfortunately for Burry, on May 1st, First Republic would become the next major bank to collapse — seized by regulators and sold to JPMorgan. First Republic’s collapse was the largest bank failure since 2008. Notably, Burry could have sold his position before the collapse — there’s no way to know. With that said, here are Michael Burry’s top 10 stocks in Q1 as of his most recent filing:

MICHAEL BURRY’S TOP 10 HOLDINGS

  1. JD.COM ($JD)
  2. ALIBABA ($BABA)
  3. SIGNET JEWELERS ($SIG)
  4. NEW YORK COMMUNITY BANCORP ($NYCB)
  5. ZOOM VIDEO ($ZM)
  6. CAPITAL ONE FINANCIAL ($COF)
  7. SIBANYE STILLWATER ($SBSW)
  8. LIBERTY LATIN AMERICA ($LILAK)
  9. CIGNA ($CI)
  10. COHERENT ($COHR)
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