Michael Burry Has 50% of His Portfolio Invested In These 8 Stocks

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In this article we take a look at 8 stocks which account for about 50% of the Q1 portfolio of Michael Burry. To see the biggest positions of Burry in Q1’2024, click Michael Burry Has 42% of His Portfolio Invested in These 5 Stocks.

8. First Solar Inc. (NASDAQ:FSLR)

Michael Burry’s Q1’2024 Stake: $5,064,000

Percentage of Burry’s Portfolio: 4.89%

Arizona-based First Solar makes solar panels and utility-scale PV power plants. The stock is a new pick of Michael Burry, as Scion Asset Management opened a stake worth about $5 million in First Solar Inc. (NASDAQ:FSLR) in Q1. The move surprised many as the solar industry has been underperforming this year. Over the past one year, the Global X Solar ETF (NASDAQ:RAYS) is down about 41%, and 13% year to date through May 15.

7. RealReal Inc.(NASDAQ:REAL)

Michael Burry’s Q1’2024 Stake: $5,523,626

Percentage of Burry’s Portfolio: 5.33%

RealReal Inc.(NASDAQ:REAL) operates a marketplace where users buy and sell luxury goods. Michael Burry first invested in RealReal Inc.(NASDAQ:REAL) in the first quarter of 2023. In the March quarter of 2024, he increased his hold in RealReal Inc.(NASDAQ:REAL) by a whopping 116%, ending the period with a $5.5 million stake in RealReal Inc.(NASDAQ:REAL).

RealReal Inc.(NASDAQ:REAL) shares have gained about 130% year to date through May 15.

6. Star Bulk Carriers Corp (NASDAQ:SBLK)

Michael Burry’s Q1’2024 Stake: $5,967,500

Percentage of Burry’s Portfolio: 5.76%

Greek shipping company Star Bulk Carriers Corp (NASDAQ:SBLK) account for about 5.76% of Michael Burry’s total portfolio as of the end of the first quarter of 2024. Burry increased his hold in Star Bulk Carriers Corp (NASDAQ:SBLK) by 14% in the first quarter, ending the period with a $5.96 million stake. The stock has rewarded Burry this year, having gained about 27% so far through May 15. Star Bulk Carriers Corp (NASDAQ:SBLK) is also a notable dividend-paying stock with a 5.6% dividend yield.

5. Vital Energy Inc. (NYSE:VTLE)

Michael Burry’s Q1’2024 Stake: $6,567,500

Percentage of Burry’s Portfolio: 6.34%

Vital Energy Inc. (NYSE:VTLE) accounts for about 6.34% of Michael Burry’s Q1’2024 portfolio, as Scion Asset Management owns a $6.6 million stake in Vital Energy Inc. (NYSE:VTLE) after increasing its hold by 43%. Scion first built its stake in Vital Energy Inc. (NYSE:VTLE) in the second quarter of 2023, only to cut it completely in the following quarter. The fund turned to the stock again in the last quarter of 2023, buying 87.5k shares. Over the past one year Vital Energy Inc. (NYSE:VTLE) shares have gained about 17%.

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