"The Big Short" Michael Burry increased his holdings in Alibaba and Baidu, while significantly cutting his position in JD.com

Analysis of Scion Asset Management LLC's 13F filing shows that in the three months ending on June 30, the "big short" Michael Burry's hedge fund increased its holdings in Baidu and Alibaba. Specifically, they added 30,000 shares of Alibaba ADR and 35,000 shares of Baidu ADR, while reducing their holdings of JD.com ADR by 110,000 shares. Alibaba remains their largest holding, accounting for 21% of their assets

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