Michael Burry’s Top Holdings Were Gaining While NVDA Was Crashing

7. Hca Healthcare Inc.

Portion of portfolio: 5.81%

Value of holdings: $4,502,250

Hca Healthcare Inc. (NYSE: HCA) is a provider of healthcare services. Headquartered in Nashville, Tennesee, the company is the largest non-governmental operator of acute care hospitals in the United States. It operates 190 hospitals and approximately 2,400 ambulatory sites of care, across 20 states and the United Kingdom.

Burry initiated its investment in HCA Healthcare in the fourth quarter purchasing 15,000 of its shares and making it one of his top portfolio holdings.

In January, the company reported fourth-quarter fiscal 2024 earnings per share of $6.22, exceeding expectations of $6.13. HCA Healthcare’s fourth-quarter revenue increased by 5.7% year-over-year reaching $18.3 billion. Net income totaled $1.4 billion, or $5.63 per diluted share, compared to $1.607 billion, or $5.93 per diluted share, in the fourth quarter of 2023. Adjusted EBITDA came in positive at $3.712 billion, up from a $3.618 billion adjusted EBITDA gain in the prior year’s quarter.

Two major hurricanes in 2024, which impacted facilities in North Carolina, Georgia and Florida, caused a financial hit of roughly $200 million or $0.60 per diluted share. Despite this, the company, with a market capitalization of $80.351 billion, showed strong performance overall, according to the company’s earnings report.

Hca Healthcare has declared a quarterly cash dividend of $0.72 per share, which will be distributed to shareholders who own the company’s common stock as of March 17, 2025.

Year-to-date the company’s stock gained 7.8% in its value, closing at $323.55 per share on March 11.