3 Best Stocks to Buy According to Michael Burry

2. AEA-Bridges Impact Corp. (NYSE:IMPX)

Number of Hedge Fund Holders: 24

AEA-Bridges Impact Corp. (NYSE:IMPX) is a special purpose acquisition firm based in the Cayman Islands. This stock is also a new addition to the Burry portfolio. Scion Asset Management purchased over 1 million shares of AEA-Bridges Impact Corp. (NYSE:IMPX) during the fourth quarter of 2021 at an average price of $9.86 per share. This stake is worth close to $10 million and represents 13.41% of the portfolio. 

Among the hedge funds being tracked by Insider Monkey, California-based firm Fort Baker Capital Management is a leading shareholder in AEA-Bridges Impact Corp. (NYSE:IMPX), with 3.4 million shares worth more than $34 million. 

At the end of the third quarter of 2021, 24 hedge funds in the database of Insider Monkey held stakes worth $170 million in AEA-Bridges Impact Corp. (NYSE:IMPX), compared to 28 in the previous quarter worth $171 million.