Michael Burry, the investor often associated with "The Big Short," has disclosed a fresh round of portfolio changes showing a larger bearish stance on semiconductor names. According to BlockBeats, Burry added to short positions in Micron Technology, Nvidia, and the semiconductor ETF SOXX at disclosed prices of $933.86, $210.28, and $535.83, respectively. He also increased a short position in Caterpillar at $893.49.
On the long side, Burry added to positions in Flutter, DraftKings, and Molina Healthcare, with disclosed prices of $100.72, $23.07, and $197.02. The filing also showed no change in his short positions against Tesla, Palantir, and the Invesco QQQ Trust tracking the Nasdaq-100. The latest adjustment points to a continued concentration in semiconductor-related shorts while keeping several existing bearish bets unchanged.
Michael Burry, the investor known as the real-life inspiration for The Big Short, disclosed a new set of portfolio adjustments on July 26, showing that he increased his bearish exposure to semiconductor stocks, according to BlockBeats.
The disclosure showed that Burry added to short positions in Micron Technology (MU), Nvidia (NVDA), and the semiconductor ETF SOXX at prices of $933.86, $210.28, and $535.83, respectively. He also added to a short position in Caterpillar (CAT) at $893.49.
On the long side, Burry increased positions in Flutter (FLUT), DraftKings (DKNG), and Molina Healthcare (MOH) at $100.72, $23.07, and $197.02, respectively.
His short positions in Tesla, Palantir, and the Nasdaq-100 ETF QQQ were left unchanged.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
