13F reflects the holdings and I have highlighted some of the interesting activities (sales & purchases). As these took place in Q4/2023, it cannot be a timely tool but it helps to identify concerns and opportunities seen by these great investors.
Michael Burry - Scion Asset Management
Observations:
Burry bought Chinese stocks (JD & BABA).
Is this an implication of the future value of the China market or these 2 players from the e-commerce space?
Burry added some of the Magnificent 7 into his portfolio with the likes of Alphabet and Amazon.
At the same time, Burry has added Citigroup - which has been going through major layoffs recently.
The other company of interest is Advance Auto Parts. Is there going to be greater demand for auto spares in the coming future? With the rising costs of living and auto affordability, this can be an interesting holding to monitor.
Conclusion
People buy stocks for one reason (to make money) but can sell them for a million reasons. Thus, we should not treat every sale as a bad thing. If there are 100% exit, this is a red flag that we should pursue (especially if we are still holding on to some of these stocks).
I typically refer to this 13F as a filtered list of stocks (from investors I look up to). From here, I will narrow down stocks of interest (to qualify and disqualify).
Hopefully, this list can give us some ideas for our investing.
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