Burry Cuts Exposure to Nvidia and Palantir Amid Changing Market Conditions
Michael Burry, a well-known investor and portfolio manager, has adjusted his portfolio to reduce exposure and cash out on some of his bearish options. He has closed out put options tied to Nvidia (NVDA) and Palantir (PLTR) that were set to expire in December 2026, opting instead to hold more cash as market conditions change.
Burry's largest long holdings remain Lululemon (LULU), Molina Healthcare (MOH), and MercadoLibre (MELI), although he has reduced the size of his positions. On the short side, Oracle (ORCL), Palantir, and Nebius (NBIS) are his top three holdings, followed by Nvidia and the iShares Semiconductor ETF (SOXX).
Burry is also keeping an eye on currency fluctuations, specifically the Dollar Spot Index, and plans to discuss it in a future post.