Tag: reshuffles
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Keith Meister’s Corvex Management reshuffles portfolio, adds a big bullish bet on the market
Read Latest News Keith Meister’s Corvex Management added an outsized bet on the broader market last quarter, while shaking up his exposure to various technology stocks, according to a new regulatory filing. The New York-based hedge fund, founded by Meister in 2011, bought call options on SPDR S & P 500 ETF Trust (SPY) in…
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Michael Burry reshuffles portfolio, adds hedges on China holdings
Read Latest News Michael Burry, best known for calling the subprime mortgage crisis, made a slew of changes in his portfolio last quarter, including what appears to be a hedge on his sizable bet on Chinese internet stocks. Burry, who now manages hedge fund Scion Asset Management, boosted his stakes in a few Chinese internet companies’…