Core Viewpoint - Michael Burry has significantly altered his investment strategy by liquidating nearly all previous positions and concentrating solely on Estée Lauder Companies Inc. [1] Group 1: Investment Position - As of March 31, 2025, Burry's Scion Asset Management holds 200,000 shares of Estée Lauder at a purchase price of $66.00 per share, totaling $13.2 million [2] - The current trading price of Estée Lauder shares is $89.74, reflecting a 35.97% increase since the purchase, resulting in approximately $4.7 million in unrealized gains [2] Group 2: Company Performance - Estée Lauder has shown a significant rebound from its 52-week low of $48.12, although it is still below its 52-week high of $101.93 [3] - The company is focusing on restructuring efforts, expanding its global presence, and regaining momentum in the luxury beauty market after facing challenges [3]
Michael Burry is now up 35% on his only stock position