He closed his hedge fund, Scion Capital, years ago—but the man who lost his left eye to retinoblastoma still has a sharp vision for the markets. No wonder he reopened it as Scion Asset Management in 2013. Ever since, finance enthusiasts and market watchers have been tracking his every move like it's the final season of a binge-worthy financial thriller.

Best known for predicting (and profiting from) the subprime mortgage crisis of 2008, Burry has made a career out of betting against bubbles. He also called out the dot-com crash before it happened. And these days? He’s got his eyes on China. (Yes, we went there.)

Fun fact: He still keeps his California medical license active, fulfilling continuing education requirements. You know—just in case this whole investing thing doesn’t work out and he needs a backup plan.

Burry’s Investment Philosophy: Value, With a Side of Doom

At his core, Burry is a die-hard value investor. He swears by Benjamin Graham and David Dodd’s Security Analysis—the bible of old-school stock pickers. But don’t let that fool you:

• He famously shorted Tesla (though, let's be real—probably not at the best time).
• He went after Cathie Wood’s ARK Innovation ETF, betting against her high-growth tech darlings.
• He listens to heavy metal while managing millions (because nothing says ‘value investing’ like screaming guitars).

If you haven’t seen The Big Short (2015), where Christian Bale hilariously plays him, do yourself a favor—watch it. It’s rare that financial doom and gloom comes with this much entertainment.

What’s in Burry’s Portfolio Now?

As of Q4 2024, per the Securities & Stock Exchange Commission's filings (SEC/Edgar, which you can find here), Scion Asset Management reported a portfolio valued at $77.4 million across 13 holdings—modest by hedge fund standards, but packed with intrigue.

Top Holdings:

1️⃣ Alibaba (BABA) – 16.43%
2️⃣ Baidu (BIDU) – 13.61%
3️⃣ JD.com (JD) – 13.43%
4️⃣ Estée Lauder (EL) – 9.68%
5️⃣ Molina Healthcare (MOH) – 9.40%

Translation? Burry has been big on Chinese tech. These five stocks alone make up 62.55% of his entire portfolio—a pretty bold move given China’s regulatory rollercoaster.

Burry’s Latest Moves: Selling Off Some China, Buying Beauty & Healthcare

🚨 Biggest Reductions:

• Alibaba (BABA) – Sold 25% of his position
• JD.com (JD) – Sold 40%
• Molina Healthcare (MOH) – Sold 16.67%

✅ New Additions:

• Estée Lauder (EL) (because even short-sellers need good skincare)
• PDD Holdings (PDD) (more China, just in a different flavor)
• V.F. Corporation (VFC) (the parent company of brands like Vans, Timberland, and The North Face)
• HCA Healthcare (HCA) (big hospital operator = stable revenue)
• Magnera Corporation (MAGN) (because, hey, nonwoven hygiene products are a thing)
• Oscar Health (OSCR) (Burry’s dipping into insurtech)

So what’s the big takeaway? He’s reducing China exposure, but far from abandoning it entirely, while adding defensive plays in consumer goods and healthcare.

👉 Interesting side note: Oscar Health, Estée Lauder, and Magnera Corporation have also seen heavy insider buying lately, as mentioned here. Someone’s putting their money where their moisturizer is.

Portfolio Breakdown: What’s Burry Betting On?

Sector Allocations:
📊 Technology: 43.47% (Still a China play—despite trimming)
🏥 Health Care: 24.36% (Defensive & cash flow-rich)
🛍 Consumer Staples: 9.68% (A bet on beauty & basics)
🎮 Consumer Goods: 9.39% (Vans & beauty products—an odd but interesting mix)
🚗 Consumer Discretionary: 5.54%
🏗 Materials: 4.69%
🏦 Financials: 2.54%
🛒 Consumer Cyclical: 0.32%

In short: 95% of his portfolio is concentrated in tech, healthcare, and consumer sectors. This is a contrarian mix of risky China bets, defensive healthcare, and good old-fashioned value investing.

Final Thoughts: Should You Follow Burry’s Bets?

Burry isn’t your typical hedge fund manager. He thinks long-term, doesn’t mind being early (or very, very early), and isn’t afraid to go against the herd. His conviction trades have paid off big time before (see: The Big Short), but some have also flopped (see: his Tesla short).

So should you copy him? That’s up to you. But if nothing else, tracking his portfolio is always entertaining.

Want to Dive Deeper?

📌 Check out the latest insider trades here—because if there’s one thing Burry and some corporate executives have in common, it’s making bold moves.

📌 **For real-time portfolio updates, visit the Securities and Exchange Commission (SEC) / EDGAR (www.sec.gov/edgar)—because while Burry plays chess, the market plays Twister.

Final Verdict? Burry is still betting big—just not where most investors expect. And whether he’s right or wrong, watching him play the game is half the fun. The other half could be financially rewarding...