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Michael Burry Has 42% of His Portfolio Invested in These 5 Stocks

Michael Burry is in the news for two reasons. One, he has revealed his Q1’2024 portfolio that shows Burry is once again swimming against the tide (more on that later). Second, amid the return of Roaring Kitty on Twitter, meme stock boys on Reddit and Twitter are recalling how Burry was the first notable investor who started piling into GameStop Corp (NYSE:GME), long before it became famous due to the historic meme stock rally and short squeeze episodes of 2021. Michael Burry, in the fourth quarter of 2018, bought a $6.8 million position in GameStop Corp (NYSE:GME). Over the next few quarters he bought and sold the stock, following the classic Burry playbook, before liquidating his entire stake in the company in the third quarter of 2020.

Burry rose to limelight after accurately predicting the 2008 US housing crash, but over the past several years his persistent warnings about recessions and market crashes have turned out to be wrong. After betting against the broader semiconductor industry, Burry closed his short position in iShares Semiconductor ETF(SOXX) in the last quarter of 2023. He also closed his bets against the S&P 500 and the Nasdaq 100 in the third quarter of 2023.

Filings for the first quarter of 2024 show Burry was busy buying many new stocks and dumping some. In this article we will take a look at some important stocks that account for about 42% of Burry’s Q1 portfolio, which was worth about $103 million as of the end of March 2024.

To see more important stocks in Burry’s portfolio, click 8 Stocks Michael Burry Has Invested 50% of His Portfolio In.

Michael Burry of Scion Asset Management

Sprott Physical Gold Trust (NYSE:PHYS)

Michael Burry’s Q1’2024 Stake: $7,624,612

Percentage of Burry’s Portfolio: 7.36%

Michael Burry added exposure to gold in the first quarter by investing a whopping $7.62 million in Sprott Physical Gold Trust (NYSE:PHYS) that invests in physical gold bullion. Sprott Physical Gold Trust (NYSE:PHYS) is up about 16% so far this year. This makes gold Burry’s 5th largest position as of Q1. It accounts for about 7.36% of his total portfolio.

Citigroup Inc (NYSE:C)

Michael Burry’s Q1’2024 Stake: $7,905,000

Percentage of Burry’s Portfolio: 7.63%

Scion Asset Management increased its stake in Citigroup Inc (NYSE:C) by 25% in the first quarter of 2023, closing the period with 125,000 shares of the bank worth about $7.9 million. Citigroup Inc (NYSE:C) accounts for about 7.65 of Scion’s total Q1 portfolio. Michael Burry opened a position in Citigroup Inc (NYSE:C) in Q4’2023, buying 100,000 shares of Citigroup Inc (NYSE:C). The investment has been rewarding Burry as Citigroup Inc (NYSE:C) shares are up 23% this year through May 16.

Patient Capital Opportunity Equity Strategy stated the following regarding Citigroup Inc. (NYSE:C) in its first quarter 2024 investor letter:

“Citigroup Inc. (NYSE:C) gained 24.1% in the quarter continuing its uptrend from 4Q. The company is on a multi-year journey to reorganize the business and reach return on tangible common equity of 11-12% by 2026 (and higher further out). Citigroup is finally taking the hard actions necessary, cutting unprofitable departments, taking out middle management layers, and reducing overall headcount. As of early March, the company was 70% done with its business exits and had reduced management layers by 1/4th. We have high confidence Citi will hit its targets. In the meantime, the company is returning cash to shareholders, which could meaningfully increase if the Basel III capital proposal is changed.”

HCA Healthcare Inc. (NYSE:HCA)

Michael Burry’s Q1’2024 Stake: $8,338,250

Percentage of Burry’s Portfolio: 8.05%

Healthcare facilities provider HCA Healthcare Inc. (NYSE:HCA) is one of the top stock picks of Michael Burry in 2024. Burry bought a stake in HCA Healthcare Inc. (NYSE:HCA) in the last quarter of 2023 after a long hiatus (Burry sold his entire stake in HCA Healthcare Inc. (NYSE:HCA) back in 2016). He increased his stake in HCA Healthcare Inc. (NYSE:HCA) by 25% in the first quarter, ending the period with an $8.34 million stake.

Over the past one year HCA Healthcare Inc. (NYSE:HCA) shares have gained about 18%. The stock accounts for about 8% of Michael Burry’s total Q1 portfolio.

Oakmark Equity and Income Fund stated the following regarding HCA Healthcare, Inc. (NYSE:HCA) in its first quarter 2024 investor letter:

“We eliminated one position, HCA Healthcare, Inc. (NYSE:HCA), during the quarter as the stock traded at our estimate of fair value. HCA was a very good investment and more than quadrupled from our original investment price in 2016. We believe HCA is a well-managed business with the best collection of assets in the hospital space. Hospital stocks tend to be much more volatile than their actual intrinsic value, and we would gladly purchase HCA again if the discount to value warrants.”

Alibaba Group Holding Limited (NYSE:BABA)

Michael Burry’s Q1’2024 Stake: $9,045,000

Percentage of Burry’s Portfolio: 8.74%

Alibaba Group Holding Limited (NYSE:BABA) is one of the top stock picks of Michael Burry in 2024. He’s been increasing his hold in the  Chinese e-commerce giant since the third quarter of 2023, when he bought 50,000 shares in Alibaba Group Holding Limited (NYSE:BABA). In the fourth quarter, Burry added to his position in Alibaba Group Holding Limited (NYSE:BABA), ending the year with 75,000 shares of Alibaba Group Holding Limited (NYSE:BABA). In the March quarter, Burry again piled into the stock, increasing his position in Alibaba Group Holding Limited (NYSE:BABA) by 67%.

Alibaba Group Holding Limited (NYSE:BABA) shares have gained about 8% so far this year. Baird recently said that it’s seeing some “early momentum” in Alibaba Group Holding Limited (NYSE:BABA) as Alibaba Group Holding Limited (NYSE:BABA) focuses more on customers and Cloud growth.

Artisan Select Equity Fund stated the following regarding Alibaba Group Holding Limited (NYSE:BABA) in its fourth quarter 2023 investor letter:

“Pretty much all of our holdings rose during the quarter. Only one stock declined by more than a couple of percent—Alibaba Group Holding Limited (NYSE:BABA), which was down 9% for the quarter and 12% for the year. This investment continues to be a disappointment. We estimate the shares are trading at around 5X EBITA—a valuation normally reserved for a company with evaporating profits. While it’s true Alibaba is underperforming its peers in the market, the fact is it remains the market leader in its core businesses, and the business is still growing. In the most recent quarter, revenues grew 9% and profits grew 26%.It’s not evaporating.

The management seems to be making meaningful changes designed to enhance shareholder value, including structural changes to improve profitability and restore its competitive position. It is monetizing non-core assets and making improvements in capital allocation. A lot of good things are happening that are not yet recognized in the share price. There are reasons—primarily geopolitical—for this, but at the current valuation, we could easily see the shares double and they would still be cheap.”

JD.Com Inc (NASDAQ:JD)

Michael Burry’s Q1’2024 Stake: $9,860,400

Percentage of Burry’s Portfolio: 9.52%

While everyone (including Warren Buffett) in the US is fleeing Chinese stocks amid geopolitical uncertainty and US government’s new tariffs, Burry is piling into some of the biggest Chinese stocks, cementing his status as a contrarian investor and true maverick. Scion Asset Management increased its stake in the Chinese ecommerce company by 80% in the first quarter, ending the period with a $9.8 million stake. JD.Com Inc (NASDAQ:JD) shares have gained about 23% year to date through May 16.

These were just 5 stocks in Burry’s portfolio.

Click to continue reading and see 8 Other Stocks Michael Burry Has 50% of His Portfolio Invested In.

Disclosure: None

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

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