'The Big Short' Michael Burry picked up a number of stocks in the fourth quarter including two Chinese internet giants, according to a new regulatory filing.
Michael Burry, known for calling the subprime mortgage crisis, picked up a slew of stocks in the fourth quarter including two Chinese internet giants, according to a new regulatory filing. The famed investor bought $9.3 million worth of mortgage data vendor Black Knight last quarter, as well as $5.3 million worth of Coherent , a manufacturer of optical materials and semiconductors. Burry also bought into a duo of Chinese e-commerce leaders — Alibaba and JD.com — during the fourth quarter.
Money managers with more than $100 million assets under management are required to disclose long positions with the Securities and Exchange Commission 45 days after a quarter ends. Active traders like Burry could have already changed their positions by the time filings come out. It's also unclear if Burry took any bearish bets last quarter, as short positions are not disclosed in these reports. He didn't have any put options in the latest filing.
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