Michael Burry’s investment portfolio is worth about $2 billion. The top five holdings account for over 40% of the whole portfolio. In comparison to the S&P 500, Burry’s hedge fund returned 150 percent between 2000 and 2008. For his astute interpretation of events, he has amassed a sizable fan base in the financial sector. Burry recently placed a wager against Tesla and the ARK Innovation ETF.
Here is Insider Monkey’s list of the 9 stocks Michael Burry is loading up on. Golden Ocean Group is based in Bermuda and offers shipping services. Scion Asset Management had 700,000 shares in the company for $7.7 million at the end of the second quarter of 2021, accounting for 0.37 percent of the portfolio, according to the most recent disclosures. SunCoke Energy, Inc. is ranked eighth on Michael Burry’s list of nine stocks to buy. The company is based in Illinois and sells coal products. At the end of June 2021, Scion Asset Management had more than 1.5 million shares in the company. Marinus Pharmaceuticals, Inc. is a biopharmaceutical firm based in Pennsylvania. Scion Asset Management owned 625,000 shares in the company worth $11.2 million, accounting for 0.53 percent of the portfolio, according to 13F filings. The biopharmaceutical business Marinus Pharmaceuticals, Inc. is based in Pennsylvania. Scion Asset Management owned 625,000 shares in the company valued at $11.2 million, accounting for 0.53 percent of the portfolio, according to 13F filings. Partnership correctional, detention and residential reentry facilities are owned and operated by the company. CoreCivic, Inc. has been assigned a Neutral rating by Wedbush. At the end of June 2021, Scion Asset Management owned 1.3 million shares in the firm, valued at $13.6 million. For more details, click 9 Stocks Michael Burry Is Loading Up On.