Michael Burry of ‘The Big Short’ fame has updated his stock portfolio, focusing on defensive equities, selective exits, and an evolving take, on Chinese technology (giants) stocks.
Sharing the 3rd update on Burry's investments, that offer insights into how gurus like himself or Mr Buffett see the market's future, while considering current events.
Previous posts:
-
19 Jan 2025 - Burry's Investment: Tale of Gains & Losses. (click on title to read)
-
01 Jan 2024 - Burry's stocks pick HPP, STLA +5 more... Hits or Miss ? (click on title to read)
Overall, Mr Burry’s defensive tilt could not have been more obvious in his :
-
Increased allocation into healthcare.
-
Increased allocation into insurance.
-
Notable reduction in Chinese tech stocks, that had delivered significant returns in previous months.
13-F Filings.
According to Burry’s latest 13F filing for Q4 2024, his firm, Scion Asset Management, holds 13 stocks with a total portfolio value of $77.4 million. (see below)
Details:
-
Trimmed his $Alibaba(BABA)$ position by -25%. Despite this, BABA and $Baidu(BIDU)$ - the 2 Chinese eCommerce giants, remained his largest holdings, making up 16.43% and 13.61%, respectively.
-
Trimmed his position in $JD.com(JD)$ by -40%.
-
Trimmed his position in Molina Healthcare (MOH)$, a long-time holding, by -16.67%.
-
Sold his positions in (a) Shift4 Payments (FOUR) and (b) Olaplex Holdings (OLPX), 2 stocks that I have commented on, previously.
Mr Burry’s portfolio rebalance signals a cautious approach to these stocks, even though they continue to rally in recent weeks.
For example:
(1) Alibaba.
-
YTD, BABA has surged +46.83%, trading at $124.73 as of Fri, 14 Feb 2025.
-
The company’s venture into artificial intelligence (AI) has fueled part of this growth. (see above)
-
In late January 2025, BABA released a new version of its Qwen 2.5 AI model, that it claimed surpassed DeepSeek-V3, a model that has gained massive popularity recently.
Retaining BABA could be Burry’s “best” strategic move given the Chinese govt. 17 Feb 2025 meeting with the country’s top Technopreneurs means something.
The whose-who invitees included:
-
DeepSeek, founder Liang Wenfeng.
-
Alibaba - co-founder Jack Ma.
-
Tencent - CEO, Pony Ma.
-
Huawei - founder, Ren Zhengfei.
-
BYD - CEO, Wang Chuanfu.
-
Baidu - CEO, Robin Li.
-
CATL - CEO, Zeng Yuqun.
-
Xiaomi - CEO, Lei Jun.
-
New Hope Group - founder, Liu Yonghao.
-
Will Semiconductor - founder, Yu Renrong.
-
Unitree Robotics - founder, Wang Xingxing.
-
Meituan - founder, Wang Xing.
-
China Feihe - CEO, Leng Youbin.
Is the time ripe to re-look at above Chinese stocks as investment, with hindsight that they should be getting support from the central government, in their step-up quest domestically and internationally ?
(2) JD.com.
-
This stock was also off to a strong start in 2025, gaining +20.89% and trading at $41.38 as of Fri, 14 Feb 2025 closing price. (see above)
-
Stock’s positive momentum has been driven partly by company’s (a) global expansion and (b) various strategic partnerships. (see below)
Other adjustments
(3) Estee Lauder - ADD.
-
His most significant purchase recently is “beauty” company $Estee Lauder(EL)$.
-
It accounts for 9.68% of his portfolio after purchasing 100,000 shares at an average price of $74.98.
(4) Pinduoduo - ADD.
-
Another major addition is Chinese stock $PDD Holdings Inc(PDD)$.
-
He has purchased 75,000 shares, making up 9.39% of his total holdings.
(5) HCA Healthcare - ADD.
-
His healthcare investments have also expanded with a position in HCA Healthcare (HCA)$.
-
It is valued at $4.5 million.
(6) American Coastal Insurance - ADD.
-
He has upped his stake in American Coastal Insurance (ACIC)$, adding +46.1% more shares.
Other “smaller” new additions reflected a diversified approach across industries:
-
Bruker Corp (BRKR)$.
-
V.F. Corp (VFC)$.
-
Oscar Health (OSCR)$,
Taking into considerations all the buys & sells, his latest revised portfolio looks something like this: (see below)
Summary.
Burry’s latest portfolio adjustments are noteworthy given his track record in predicting major market shifts.
He most famously foresaw the 2008 financial crisis and profited from the subprime mortgage collapse.
His move toward defensive stocks and reduced Chinese tech exposure suggests he is potentially bracing for market volatility, making his latest strategy one to watch for the coming quarters.
Must Read: Click on below titles to access. Repost to share, Like as encouragement ok. Thanks.
-
Do you think there is a possibility of a 2nd spring for Alibaba (I, for sure certainly hope so)?
-
Do you think Chinese tech stocks’ 2nd coming are finally at the doorstep, ready for picking ?
If you find this post interesting, give it wings! ️ Repost and share the insights ?
Do consider “Follow me” and get firsthand read of my daily new post. Thank you.
Comments
Pls "Re-post" so that more get to know. Tks! Rating is important (to me).
Consider "Follow me" and get first hand read of my Daily new posts? Thanks!). Tks!!