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These are the top 10 stocks held by 'Big Short' investor Michael Burry

May 19, 2023, 21:28 IST
Business Insider
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  • Michael Burry invested a lot of money into the stock market last quarter, according to 13F filings.
  • The "Big Short" investor who has held a bearish tilt towards stocks initiated 17 new positions last quarter.
  • These are the top 10 stocks held by Burry's Scion Asset Management as of March 31.
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"Big Short" investor Michael Burry has been bearish on stocks in recent months, but he still invested a lot of money into the market in the first three months of the year.

According to a recent 13F filing, Burry last quarter initiated 17 new positions in his Scion Asset Management portfolio, which managed $238 million in assets as of March 31.

Burry posted on Twitter on multiple occasions over the last few months that he had a bearish view on stocks. On January 31, Burry simply tweeted "Sell." But Burry has since seemingly changed his view, saying in late march that he "was wrong to say sell."

His new outlook shows through in his portfolio, given the slew of new positions he opened last quarter, including in struggling banks like First Republic, Pacific Western, and Western Alliance, among others.

These are the top 10 stocks held by Burry's Scion Asset Management as of March 31.

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10. Coherent Corp.

Markets Insider

Ticker: COHR
Position: $4.8 million
Percent of portfolio: 4.5%

9. Cigna

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Cigna's logo.James Leynse/Corbis via Getty Images

Ticker: CI
Position: $6.4 million
Percent of portfolio: 6.0%

8. Liberty Latin America

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Ticker: LILAK
Position: $6.6 million
Percent of portfolio: 6.2%

7. Sibayne Stillwater

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Ticker: SBSW
Position: $6.7 million
Percent of portfolio: 6.2%

6. Capital One Financial

AP/Mark Lennihan

Ticker: COF
Position: $7.2 million
Percent of portfolio: 6.7%

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5. Zoom Video

Thiago Prudencio/SOPA Images/LightRocket via Getty Images

Ticker: ZM
Position: $7.4 million
Percent of portfolio: 6.9%

4. New York Community Bancorp

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Ticker: NYCB
Position: $7.7 million
Percent of portfolio: 7.2%

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3. Signet Jewelers

Nam Y. Huh/AP Images

Ticker: SIG
Position: $9.7 million
Percent of portfolio: 9.1%

2. Alibaba

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A scene of AI technology and digital smart Life at the Booth of Alibaba and Ant Group at the World Intelligence Congress in Shanghai, China, in July 2021.CFOTO/Future Publishing via Getty Images

Ticker: BABA
Position: $10.2 million
Percent of portfolio: 9.6%

1. JD.com

AP/Ng Han Guan

Ticker: JD
Position: $10.9 million
Percent of portfolio: 10.3%

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