'Big Short' Fame Michael Burry Bets Big On China, Reveals Alibaba As Top Holding — JD.com And Baidu Also Feature On Scion's Portfolio
Portfolio Pulse from Kaustubh Bagalkote
Michael Burry's Scion Asset Management has revealed significant changes in its portfolio, with a strong focus on Chinese tech companies like Alibaba, Baidu, and JD.com. The portfolio also includes substantial investments in U.S. healthcare, fintech, and real estate sectors.
August 15, 2024 | 5:19 am
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POSITIVE IMPACT
American Coastal Insurance Corp is a notable holding in Scion Asset Management's portfolio.
Burry's investment in American Coastal Insurance suggests confidence in the company's business model, likely leading to a short-term price increase.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Alibaba Group Holding Ltd has become the largest holding in Michael Burry's Scion Asset Management portfolio, valued at approximately $11.16 million.
Burry's significant investment in Alibaba indicates strong confidence in the company's future performance, likely leading to positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
BioAtla Inc, a clinical-stage biopharmaceutical company, is a smaller but noteworthy position in Scion Asset Management's portfolio.
Burry's investment in BioAtla indicates interest in emerging biotech, likely leading to a short-term price increase.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Baidu Inc is a significant holding in Scion Asset Management's portfolio, with 75,000 shares valued at $6.49 million.
Burry's investment in Baidu suggests a positive outlook on the company's growth, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Shift4 Payments Inc is a substantial investment in Scion Asset Management's portfolio, valued at $7.34 million.
Burry's investment in Shift4 Payments indicates confidence in the fintech sector, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Hudson Pacific Properties Inc is a significant real estate holding in Scion Asset Management's portfolio, with over 1.1 million shares valued at $5.50 million.
Burry's investment in Hudson Pacific Properties suggests a positive outlook on the real estate sector, likely leading to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
JD.com Inc is a major holding in Scion Asset Management's portfolio, with 250,000 shares valued at $6.46 million.
Burry's substantial investment in JD.com indicates confidence in the company's future, likely resulting in a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Molina Healthcare Inc is a significant investment in Scion Asset Management's portfolio, valued at $7.29 million.
Burry's investment in Molina Healthcare suggests a positive outlook on the healthcare sector, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Olaplex Holdings Inc is a notable holding in Scion Asset Management's portfolio.
Burry's investment in Olaplex indicates confidence in the company's future, likely leading to a short-term price increase.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
The RealReal Inc is a notable holding in Scion Asset Management's portfolio.
Burry's investment in The RealReal suggests confidence in the company's business model, likely leading to a short-term price increase.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50