The "Big Short" Michael Burry Liquidates Entire Portfolio, Holds Just One Stock At End Of Q2
The "Big Short" Michael Burry Liquidates Entire Portfolio, Holds Just One Stock At End Of Q2 At least the Big Short puts his money where his mouth is… or rather pulls his money as the case may be. After blasting the latest stock market meltup as "silliness" and claiming - correctly - that the US economy is facing a gruesome crash in tweets which he then promptly deletes (conveinetly, another accounts snapshots his tweets for posterity)... pic.twitter.com|D8WnWSJlqC — Cassandra B.C. (@MichaelJBurry__) August 4, 2022 ... Michael Burry - who runs the smallish Scion Capital hedge fund - has done something few of his peers would consider doing: he has traded in line with his statement, and according to his just released 13F , the famed investor has liquidated his entire portfolio which as of March 31, had a notional value of just over $200 million (including $35 million in AAPL put notional), and instead held on to just one stock: private jail operator GEO Group , which he had previously invested in but had dumped all of his holdings at the end of 2021 only to sport a modest $3.3 million, or 501K share position, as of June 30.
The "Big Short" Michael Burry Liquidates Entire Portfolio, Holds Just One Stock At End Of Q2
The "Big Short" Michael Burry Liquidates Entire Portfolio, Holds Just One Stock At End Of Q2 At least the Big Short puts his money where his mouth is… or rather pulls his money as the case may be. After blasting the latest stock market meltup as "silliness" and claiming - correctly - that the US economy is facing a gruesome crash in tweets which he then promptly deletes (conveinetly, another accounts snapshots his tweets for posterity)... pic.twitter.com|D8WnWSJlqC — Cassandra B.C. (@MichaelJBurry__) August 4, 2022 ... Michael Burry - who runs the smallish Scion Capital hedge fund - has done something few of his peers would consider doing: he has traded in line with his statement, and according to his just released 13F , the famed investor has liquidated his entire portfolio which as of March 31, had a notional value of just over $200 million (including $35 million in AAPL put notional), and instead held on to just one stock: private jail operator GEO Group , which he had previously invested in but had dumped all of his holdings at the end of 2021 only to sport a modest $3.3 million, or 501K share position, as of June 30.