Michael Burry’s Latest 13-F Filings: New Holdings and Interesting Moves
Michael Burry, known for his accurate predictions and bearish attitude, has released his latest 13-F filings through Scion Asset Management. These filings provide valuable insights into his investment strategies and holdings.
Burry Increases Stake in Chinese Companies
Despite the significant losses in the Chinese stock markets, Burry maintains his faith in Alibaba and JD.com. His stake in Alibaba has grown by 25,000 shares, making it worth $5.5 million at present. While these investments have not been profitable so far, their success may depend on developments in AI infrastructure and government intervention to stabilize the market.
Burry Sells Stellantis Holding
In a surprising move, Burry has sold his entire holding in Stellantis. This decision comes after a series of profitable buying and selling rounds since early 2022. The sale of his 400,000 STLA shares likely resulted in a significant profit.
Burry Abandons Bet Against Semiconductors
Burry initially bet against the microchip industry by purchasing put options for the iShares PHLX Semiconductor ETF (SOXX). However, as the ETF continued to rise throughout 2023, Burry decided to clear his position. This decision is intriguing given the speculation surrounding a possible semiconductor bubble.
Overall, Burry’s latest filings reveal interesting moves and new holdings that crypto readers like you should pay attention to.
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