Burry Trims Portfolio Risk, Cuts Put Options on Nvidia and Palantir
Michael Burry, known for his role in 'The Big Short', is adjusting his portfolio to reduce risk. In September, he said he had pulled back on risk, and now has some cash that he's happy to sit on while watching market developments. He mentioned that the current market will be interesting this fall.
Burry trimmed all positions across his holdings, including December 2026 put options on Nvidia NVDA and Palantir PLTR without rolling them over. However, Lululemon LULU, Molina Healthcare MOH, and MercadoLibre MELI remain his largest long positions, in that order.
On the short side, Oracle ORCL, Palantir, and Nebius NBIS are Burry's top three positions, followed by Nvidia NVDA and the iShares Semiconductor ETF SOXX. He also mentioned watching the Dollar Spot Index fall again and plans to address it in a future post.