In a series of significant financial moves, high-profile investors and corporate insiders have been actively trading their stakes in major companies. Jeff Bezos has sold 24 million shares of Amazon, totaling over $4 billion, following his plan to dispose of up to 50 million shares. Mark Zuckerberg sold $840 million worth of Meta Platforms shares, while insiders at DraftKings, Netflix, and Palantir Technologies sold shares worth $50 million, $40 million, and $35 million, respectively. Michael Burry, known for his role in 'The Big Short,' has updated his portfolio, closing his short positions against semiconductor stocks like Nvidia and AMD, and making new investments in Amazon, Alphabet, and several other companies. Burry's portfolio now heavily features Chinese tech giants Alibaba and JD.com, with Alibaba being his top bet after increasing his stake by 50% to 75,000 shares. Howard Marks of Oaktree Capital has also made notable moves, re-entering Alibaba with a new $9 million position and increasing his stake in JD.com to $63 million. Notably, Bezos's sale of Amazon shares, valued at $4 billion, and Burry's increased stake in Alibaba by 50% to 75,000 shares, highlight the significant reshuffling in the tech sector. Additionally, it's reported that Bezos will pay no tax on his Amazon shares sale due to residing in Florida, which does not have state taxes on incomes or capital gains.
"Michael Burry, of Big Short fame, added to his wagers on 🇨🇳 tech giants Alibaba & https://t.co/gbYBsnbp5i in recent mos even as the stock rout deepened...The wagers are struggling...#Alibaba is ⬇️5% year-to-date & https://t.co/gbYBsnbp5i has tumbled 20%" https://t.co/3aHSIeIR42
Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba and https://t.co/4e1G39VVCx in recent months even as a rout in Chinese shares deepened https://t.co/elikvWqI6A via @markets
Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba and https://t.co/5NY8mE5jTb in recent months even as a rout in Chinese shares deepened https://t.co/gnHaNZ5ZRY
Michael Burry Liquidates Semiconductor "Big Short" During Epic Meltup; Here's What He Bought https://t.co/8bSqp7LGMG
JUST IN: Berkshire Hathway, $BRK.A, has updated its portfolio partially. See it here: https://t.co/e9bnW7AFKV
Here's Warren Buffett and Berkshire Hathaway's $BRK.B full updated portfolio as of the end of Q4 with all the changes made during the quarter (1/2) https://t.co/zH8xog4JHJ
Michael Burry’s Scion Asset Management scoops up shares of Alphabet, Amazon https://t.co/9wLKhLIQy6
The Big Short's Michael Burry bailed on a wager against high-flying chip companies, like Nvidia, and instead snapped up shares across industries, according to a filing https://t.co/qeV4ZOLr4c
Burry's Scion bets on Warner Brother Discovery, restaurant firms - filings https://t.co/8WzelqcfDl https://t.co/WDMdxnnbfW
Michael Burry Updated Stock Portfolio (Q4 2023 13F): Top Holdings: $BABA $JD $HCA $ORCL $C $CVS $NXST $GOOGL $SBLK $AMZN $MGM $BKNG $AAP $WBD $VTLE $SQ New Buys and Adds: $HCA $ORCL $C $CVS $GOOGL $AMZN $MGM $AAP $WBD $VTLE $SQ $BRKR $TOST $MTD $ACIC $BIG $GENK $QRTEA $NXST https://t.co/ImqJZwe5rb
‘Big Short’ investor Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms https://t.co/jIIwi59nRZ https://t.co/HJSaSDdIBh
$BABA is the top bet of Michael Burry, the famed short seller! He raised its initial stake by 50% to hold 75,000 shares as of 12/31/23.👇🏼 He previously had a BABA position but quickly closed after holding it for 3 quarters. It seems to me that he has been trying to catch the… https://t.co/w0YG9mxx5T https://t.co/ifMIEA2fWa
'Big Short' investor Michael Burry reveals bets on Amazon and Alphabet https://t.co/Dq4OivW9lB
Almost 12.5% of Burry’s portfolio is in China stocks. 🤔 $BABA $JD https://t.co/r006EMGHZl
Michael Burry buys $AMZN, $GOOGL and a dozen of other new stocks https://t.co/pTjkNyqTBV
Michael Burry of ‘The Big Short’ fame buys Amazon, Alphabet and a dozen other new stocks https://t.co/1TlKxqWu69
Burry got squeezed out $nvda $smci $arm https://t.co/ztXqPvuAFv
BREAKING: Michael Burry has updated his portfolio. He has closed his $47 million bet against semiconductors, $SOXX. Holdings now: 1. Alibaba, $BABA: 6.15% 2. JD, $JD: 6.11% 3. HCA Healthcare, $HCA: 5.72% 4. Oracle, $ORCL: 5.57%
Burry joining me in $CVS and $TOST. https://t.co/Hsie8Bcxxg
JUST IN: Michael Burry has updated his portfolio. See it here: https://t.co/E9SOE2vSsi
BREAKING : MICHAEL BURRY HAS ONCE AGAIN THROWN IN THE TOWEL AND CLOSED HIS SHORT POSITIONS AGAINST SEMICONDUCTOR STOCKS LIKE NVIDIA & AMD $NVDA $AMD https://t.co/DGQ8utX0pl
Michael Burry just updated his portfolio This is what Burry owned as of the end of Q4 👀⬇️ https://t.co/VRUCuXywkl
MICHAEL BURRY has filed a 13F updating his portfolio. Here are his Top 10 holdings: 1. Alibaba $BABA - 6.15% 2. JD $JD - 6.11% 3. HCA Healthcare $HCA - 5.72% (New Position) 4. Oracle $ORCL - 5.57% (New Position) 5. Citigroup $C - 5.44% (New Position) 6. CVS Health $CVS - 5.43%… https://t.co/DGDSqmsrvJ
Burry bought some $vtle https://t.co/0CUoJVekil
Michael Burry found a few things to do in Q4 😂 https://t.co/OkIzEY5nTW
EXCLUSIVE NEWS: HOWARD MARKS AT OAKTREE BACK INTO $BABA WITH A NEW $9M+ INITIAL POSITION (PREVIOUSLY EXITED IN 2020) HE ALSO INCREASED HIS $JD POSITION TO $63M! https://t.co/Qda6hpdNGE
$AMZN ... Bezos sells ... and will pay no tax on the sale (Florida does not have state taxes on incomes or capital gains and Mr Bezos moved there last year) ... value of sales in recent days is more than $4bn. Add into this Zuckerberg selling on $META and we're left to conclude… https://t.co/7o3inyVgvU
Weeks after disclosing a plan to dispose of as many as 50 million shares in the company he founded, Jeff Bezos has offloaded 24 million of them worth more than $4 billion over just four trading days. https://t.co/0nKmyFa7Fb
AMZN Shares Slide As Bezos Continues To Sell - Total Now $4BN https://t.co/426skedK8H
🚨Seeing an unprecedented amount of insider selling right now Jeff Bezos just sold 12 million shares of $AMZN worth $2B, Mark Zuckerberg sold another $840M worth of $META, $DKNG insiders sold $50M, $NFLX CEO sold $40M, $PLTR insiders another $35M Uh oh