Michael Burry Archive

Tomorrow could trigger the stock market's biggest rally President Trump could become the 8th president in history to lose both the House and Senate to Democrats What happened to the S&P after, on average: • 1 month later: +2.1% (6 of 7 times positive) • 3 months later: +10.7% (7 of 7 times positive) • 6 months later: +17.5% (7 of 7 times positive) • 1 year later: +15.5% (7 of 7 times positive) This has only happened 7 times since 1954 and prediction markets have the odds this happens at 71%

Update: It's been 70 days since Michael Burry shorted Nebius $NBIS It's down ~21% since

The S&P 500 is up 90% since Michael Burry said ‘Sell’

Michael Burry's complete holdings, per his Substack Top tier (disclosed %): • Lululemon $LULU [Long, 17.4%] • MercadoLibre $MELI [Long, 12%] Second tier (9% each): • Molina Healthcare $MOH [Long] • Temple & Webster $TPW [Long] Third tier (ranked, undisclosed %): • Zoetis $ZTS [Long] • Sprouts Farmers Market $SFM [Long] • JD.com $JD [Long] • Birkenstock $BIRK [Long] • Adobe $ADBE [Long] • HCA Healthcare $HCA [Long] • Fiserv $FISV [Long] • Build-A-Bear Workshop $BBW [Long] • Veeva Systems $VEEV [Long] • Fannie Mae $FNMA [Long] • Freddie Mac $FMCC [Long] • PayPal $PYPL [Long] Short book (21%+ of portfolio, largest to smallest): • Oracle $ORCL [Short] • Palantir $PLTR [Short] • Nebius $NBIS [Short] • Nvidia $NVDA [Short] • Semiconductor ETF $SOXX [Short] • Micron $MU [Short] • Caterpillar $CAT [Short] • CoreWeave $CRWV [Short] Hedges still open: • Nvidia $NVDA [Call, Dec 2026] - hedge on NVDA short • Palantir $PLTR [Put, 2027 expiration] • Invesco QQQ Trust $QQQ [Put, 2027 expiration] Full exits: • Flutter $FLUT [Long] - rotated into Lululemon • Tesla $TSLA [Short] - covered • Applied Materials $AMAT [Short] - covered • Nvidia $NVDA [Put, Dec 2026 exp] • Palantir $PLTR [Put, Dec 2026 exp] Summary: Burry's book is full of beaten down consumer and healthcare value plays while running a 21%+ short book against AI infrastructure. He's pulling back on risk this September and is "happy to sit on cash" into what he expects to be an interesting fall

Breaking: Michael Burry has disclosed his updated positions He: • Sold entirely his December 2026 $NVDA puts • Sold entirely his December 2026 $PLTR puts • Trimmed Lululemon $LULU • Trimmed Molina Healthcare $MOH • Trimmed MercadoLibre $MELI • Trimmed Temple & Webster $TPLWF • Trimmed Zoetis $ZTS • Trimmed Sprouts Farmers Market $SFM • Trimmed JD $JD • Trimmed Birkenstock $BIRK • Trimmed Adobe $ADBE • Trimmed HCA Healthcare $HCA • Trimmed Fiserv $FISV • Trimmed Flutter Entertainment $FLUT • Trimmed Build-A-Bear $BBW • Trimmed Veeva Systems $VEEV • Trimmed Fannie Mae $FNMA • Trimmed Freddie Mac $FMCC • Trimmed PayPal $PYPL • Trimmed Oracle $ORCL short • Trimmed Palantir $PLTR short • Trimmed Nebius $NBIS short • Trimmed Nvidia $NVDA short • Trimmed iShares Semiconductor ETF $SOXX short • Trimmed Micron $MU short • Trimmed Caterpillar $CAT short • Trimmed CoreWeave $CRWV short • Kept his 2027 $PLTR puts unchanged • Kept his 2027 $QQQ puts unchanged Michael Burry trimmed every single other position in his portfolio without changing the order of position sizing

Breaking: Michael Burry has opened a bullish position in Nvidia $NVDA Labeling the position as a "hedge"

Breaking: Michael Burry has disclosed his updated positions He: • Bought CoreWeave $CRWV shorts • Added to Micron $MU shorts • Added to Palantir $PLTR shorts • Added to Semiconductor ETF $SOXX shorts • Added to Mercado Libre $MELI longs at $1890s • Added to Lululemon $LULU longs at $115s • Added to Molina $MOH at $201 • Bought Sprouts Farmer’s Markets $SFM shares at $70s • Bought Temple & Webster $TPLWF shares in low $3s • Bought Build-a-Bear $BBW in mid-upper $30s • Trimmed PayPal $PYPL• Trimmed Veeva $VEEV Michael Burry said "The vast majority of people should never short, and likewise should never be on margin."

Breaking: Michael Burry's updated positions, per his Substack Top 10 Positions: Top tier (~8% each): • Adobe $ADBE [Long] • MercadoLibre $MELI [Long] • Zoetis $ZTS [Long] • JD $JD [Long] Second tier (~7% each): • Lululemon $LULU [Long] • PayPal $PYPL [Long] • Veeva $VEEV [Long] • Flutter $FLUT [Long] • Molina Healthcare $MOH [Long] • HCA Healthcare $HCA [Long] Third tier (~5% each): • Fannie Mae $FNMA [Long] • Freddie Mac $FMCC [Long] • Sprouts $SFM [Long] Shorts, largest to smallest: • iShares Semiconductor ETF $SOXX • Micron $MU • Nebius $NBIS • Nvidia $NVDA • Oracle $ORCL • Palantir $PLTR • Caterpillar $CAT • Invesco QQQ Trust $QQQ [Put, ~6% of portfolio] Full exits: • Tesla $TSLA [Short] - Covered for a gain • Applied Materials $AMAT [Short] - Covered for a gain • SOXX put options - Sold entirely, replaced with the bigger QQQ put position Summary: He's betting less on chips falling and more on the whole Nasdaq falling. Trimmed Caterpillar, added to Micron, raised cash to 12%