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Wall Street Breakfast

What Buffett, Burry and more are buying

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 15 November 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

Money managers disclose new and closed positions in 13F filings. (0:15) More soft inflation, but retail sales show strength. (2:12) Target shares soar as margins improve. (4:26)

Episode transcripts seekingalpha.com/wsb.
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Show Notes
Michael Burry closes out broad market shorts, bets against semis
Warren Buffett's Berkshire Hathaway exits GM, Activision bets in Q3
Ray Dalio's Bridgewater boosts stakes in 3M, Best Buy, exits Apple, Shopify

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news and analysis.

0:10.0

Good afternoon. Today is Wednesday, November 15th, and I'm your host, Kim Kahn.

0:14.0

Top story so far. It's the busy time of year for money managers.

0:18.0

The third quarter 13 F filings are rolling in.

0:21.0

13 Fs to disclose equity holdings of institutional investment managers who have $100 million or more

0:26.8

under management.

0:28.4

Here's a snapshot of the moves made by some of the big names that seeking off the subscribers

0:32.0

follow closely.

0:34.3

Michael Burry, of the Big Short fame, closed out his $1.6 billion broader market short that he opened

0:39.9

in August.

0:40.9

Burry Sionasset Management reported that it no longer held 2 million puts on the Spider

0:45.6

S&P or Spy and 2 million puts on the InvestGo Triple Q Trust.

0:50.9

Sion also disclosed a new short on ship stocks with 100,000 put options for the

0:55.6

iShare semiconductor E. Socks. Warren Buffett's Berkshire Hathaway

1:01.0

exited at stakes in General Motors and Arbitcharged Play

1:04.4

Activision Blizzard. It also divested smaller stakes in J&J, Mondalee's, Procterin Gamble, and United

1:11.3

Parcel Service.

1:13.0

Bridgewater Associates, the Hedge Fund founded by Ray Dahlia, boosted its holdings in 3M, Abbott Labs, and Best Buy.

1:20.0

It exited its positions in Apple and Shopify.

1:23.6

Duquesne Family Office, run by Stan Druckenmiller, shifted some investments in technology,

1:28.9

closing out its position in meta platforms, but taking a new stake in Google Parent Alphabet.

1:34.4

David Tepper's Appaloosa exited its holdings in Apple, Marvell Technology, and Broadcom,

...

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