- Burry now runs his own hedge fund Scion Asset Management out of Cupertino, California.
- Listed below are his firm's 15 largest investments, according to data compiled by Bloomberg.
- Visit the Markets Insider homepage for more stories .
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'Big Short' investor Michael Burry was among the few who predicted the 2008 housing collapse. Here are his biggest investments right now.
Michael Burry, of "The Big Short" fame, foresaw the 2008 housing meltdown and bet against the subprime-mortgage bonds that exacerbated the crisis.
Michael Burry big short premiere
Michael Burry earned millions by betting against subprime-mortgage bonds in advance of the 2008 housing meltdown.
His short trade was popularized by Michael Lewis' bestselling book "The Big Short," and the movie in which he was portrayed by Christian Bale.
These days, he runs Scion Asset Management, a Cupertino, California-based hedge fund that owns $93.6 million worth of assets.
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He hasn't stopped sounding alarms where he sees them. Most recently, Burry warned that passive investing is a "bubble."
His comments related to the trend of hedge funds and index-fund managers piling into a small collection of large-cap companies . The consolidation of capital leaves smaller growth stocks desperate for cash, Burry said.
"The bubble in passive investing through ETFs and index funds as well as the trend to very large size among asset managers has orphaned smaller value-type securities globally," he told Bloomberg .
Burry is doing some active stock picking of his own, and recently told Barron's he was going long on GameStop .
The list below shows his firm's 15 largest positions by descending order of market value, according to data from regulatory filings and news reports compiled by Bloomberg.
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1. Autech
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Market value: $14.76 million
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Position: 1,500,000 shares
Ownership stake: 9.75% of shares outstanding
Year-to-date performance: up 13%
Source: Bloomberg
2. Western Digital
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Market value: $13.77 million
Position: 250,000 shares
Ownership stake: .08% of shares outstanding
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Year-to-date performance: up 54%
Source: Bloomberg
3. GameStop
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Market value: $12.69 million
Position: 3,000,000 shares
Ownership stake: 3.32% of shares outstanding
Year-to-date performance: down 68%
Source: Bloomberg
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4. Alphabet Inc. Class C
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Market value: $10.74 million
Position: 9,000 shares
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Ownership stake: <0.01% of shares outstanding
Year-to-date performance: up 14%
Source: Bloomberg
5. Tailored Brands
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Market value: $9.66 million
Position: 2,600,000 shares
Ownership stake: 5.15% of shares outstanding
Year-to-date performance: down 61%
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Source: Bloomberg
6. FedEx
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Market value: $9.45 million
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Position: 60,000 shares
Ownership stake: .02% of shares outstanding
Year-to-date performance: down 1%
Source: Bloomberg
7. Sansei Technologies
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Market value: $9.39 million
Position: 1,104,000 shares
Ownership stake: 5.71% of shares outstanding
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Year-to-date performance: down 50%
Source: Bloomberg
8. Cleveland-Cliffs
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Market value: $8.77 million
Position: 1,100,000 shares
Ownership stake: .41% of shares outstanding
Year-to-date performance: up 3%
Source: Bloomberg
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9. Alibaba
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Market value: $8.64 million
Position: 50,000 shares
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Ownership stake: <0.01% of shares outstanding
Year-to-date performance: up 27%
Source: Bloomberg
10. Cardinal Health
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Market value: $8.45 million
Position: 200,000 shares
Ownership stake: .07% of shares outstanding
Year-to-date performance: down 4%
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Source: Bloomberg
11. Walt Disney Co.
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Market value: $8.27 million
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Position: 60,000 shares
Ownership stake: <0.01% of shares outstanding
Year-to-date performance: up 25%
Source: Bloomberg
12. Sportsman's Warehouse Holdings
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Market value: $6.52 million
Position: 1,597,011 shares
Ownership stake: 3.71% of shares outstanding
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Year-to-date performance: down 4%
Source: Bloomberg
13. Yotai Refractories
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Market value: $6.35 million
Position: 1,280,000 shares
Ownership stake: 5%
Year-to-date performance: down 9%
Source: Bloomberg
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14. Tazmo
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Market value: $6.03 million
Position: 686,800 shares
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Ownership stake: 5.08%
Year-to-date performance: up 39%
Source: Bloomberg
15. Ezwelfare
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Market value: $4.72 million
Position: 574,000 shares
Ownership stake: 5.27% of shares outstanding
Year-to-date performance: up 30%
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Source: Bloomberg
See Also:
- Buybacks have been keeping stocks strong for years but the gig might soon be up for these 10 companies
- The investment chief of US Bank's $170 billion wealth-management business breaks down why he's betting heavily on Midwest cities like Minneapolis and Pittsburgh
- 'It reminds me a lot of the peak in 2000': Legendary investor Rob Arnott compares today's market to the tech bubble and explains why value stocks are the 'place to be'
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