Michael Burry
2026-08-14 14:07:04Michael Burry exits Tesla short, shifts bearish bet toward QQQ puts
Michael Burry’s latest portfolio disclosure shows a notable reshaping of his bearish positioning. The investor, widely known as the real-life figure behind The Big Short, has fully closed his short positions in Tesla and Applied Materials, saying both trades were profitable. He also sold all of his put options on the iShares Semiconductor ETF and replaced that trade with a larger put position in the Invesco QQQ Trust, signaling a broader wager against the Nasdaq rather than a narrower bet on semiconductor weakness.
On the long side, Burry’s biggest positions were concentrated in Adobe, MercadoLibre, Zoetis and JD.com, each accounting for about 8% of the portfolio. Lululemon, PayPal, Veeva, Flutter, Molina Healthcare and HCA Healthcare each made up roughly 7%, while Fannie Mae, Freddie Mac and Sprouts were each around 5%. His current short book, ranked by size, includes SOXX, Micron Technology, Nebius, Nvidia, Oracle, Palantir and Caterpillar. The filing also showed QQQ put options at about 6% of the portfolio and cash rising to 12%.