Michael Burry Adjusts Portfolio, Closes Tesla and Applied Materials Shorts, Increases Nasdaq Bearish Bets

Michael Burry has disclosed his latest holdings, with major long positions concentrated in Adobe, MercadoLibre, Zoetis, and JD.com, each accounting for about 8% of his portfolio; positions in Lululemon and PayPal each represent about 7%; and holdings in Fannie Mae, Freddie Mac, and Sprouts each account for about 5%. On the short side, Burry holds short positions in the iShares Semiconductor ETF (SOXX), Micron Technology, Nebius, Nvidia, Oracle, Palantir, and Caterpillar, while also holding put options on the Invesco QQQ Trust, which make up about 6% of his portfolio. Burry has completely closed his short positions in Tesla and Applied Materials, stating that both trades were profitable; he has also sold all his SOXX put options and established a larger position in QQQ put options. Additionally, he has reduced his short position in Caterpillar while increasing his short position in Micron, raising his cash allocation to 12%. Overall, his focus on shorting has shifted from betting on declines in the semiconductor sector to betting on declines in the broader Nasdaq market.

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