The iPhone maker’s stock fell during the recent stock market sell-off.
(Photo: dpa)
Dusseldorf For the third time in a row, Michael Burry has completely redesigned his depot. The star investor used the correction on the US stock market to buy heavily from January to March: he bought a total of 165 million dollars from Google parent Alphabet, Facebook parent Meta and eight other stocks.
This emerges from documents from Burry’s hedge fund Scion Asset Management, which it has to submit quarterly to the US Securities and Exchange Commission and which were published on Monday evening. They reflect the status at the end of March.
Michael Burry’s new depot: bet against Apple
The SEC filing also shows that Burry is betting on another tech giant falling: iPhone maker Apple, the world’s most valuable company.
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