In a drastic portfolio reshuffle, legendary investor Michael Burry, who bet against the 2008 housing market crash to net £528 million ($700 million), sold out his entire portfolio in Q1 except for one stock.
According to a 13F filing with the US Securities and Exchange Commission, Burry offloaded all holdings in Alibaba, PDD Holdings, Baidu, Oscar Health, JD.com, Bruker Corp., American Coastal Insurance, VF Corp., Magnera Corp., Canada Goose Holdings, HCA Healthcare, and Molina Healthcare in a sale worth tens of millions of dollars.
