Key Highlights
- Burry established positions in Chinese e-commerce giants JD.com and Alibaba, describing market selloffs as creating “an attractive entry point”
- The investor expanded his GameStop holdings and initiated a position in Fiserv, expressing confidence in “new leadership”
- Additional Nvidia put options were purchased—January 2027 Strike 115 puts acquired at 3.30
- Long-dated Palantir put options remain in his portfolio, with Burry asserting the company’s true worth is “well under $50/share”
- Palantir shares declined approximately 13% during the week, even after receiving praise from President Trump on Truth Social
Michael Burry, the hedge fund manager who gained fame for his prescient call on the 2008 housing market collapse, revealed several notable portfolio adjustments on Friday through a Substack update sent to paying members.
The investor disclosed fresh acquisitions in both JD.com and Alibaba. Burry characterized JD as a “significant add” representing just north of 6% of his portfolio holdings, while Alibaba entered as a newly established position at comparable weighting. According to Burry, the recent downturn in these securities provided “an attractive entry point” for accumulation.
Alibaba Group Holding Limited, BABA
American depositary receipts of JD.com climbed more than 2% on Friday after Burry’s disclosure became public. Alibaba’s shares edged slightly lower, trading at $127.60 during afternoon market hours.
Burry additionally expanded his stake in GameStop, which he noted was “already a decent sized position” in his fund. He also purchased shares of Fiserv, a financial services technology provider, expressing faith in the organization’s “new leadership” team.
Nvidia Short Position Expanded
Burry amplified his negative outlook on Nvidia through the purchase of January 2027 Strike 115 put options, entering at a price of 3.30. The investor noted that implied volatility levels are elevated, and while he contemplated establishing an outright short position, he opted for puts to maintain limited downside exposure.
“I am short at about 3% of notional value,” Burry stated in his communication. He confirmed maintaining his previously disclosed Nvidia January 2027 Strike 100 puts as well.
Earlier this year in February, Burry openly challenged whether major technology corporations could maintain their massive data center infrastructure investments without negatively impacting profitability.
Nvidia’s stock price advanced roughly 2.5% on Friday, seemingly unaffected by Burry’s persistent bearish positioning.
Palantir Puts Maintained Despite Presidential Endorsement
Burry revealed he has maintained a bearish stance on Palantir dating back to autumn 2025, repeatedly adjusting the position’s timing. His current holdings include June 2027 Strike 50 puts alongside December 2026 Strike 100 puts.
“I am not selling these today,” he declared emphatically.
These remarks followed a Truth Social post from President Trump lauding Palantir and highlighting its “great warfighting capabilities.” The presidential endorsement temporarily arrested the stock’s intraday decline.
Despite the brief uptick, Palantir remained positioned for approximately a 13% weekly loss and has fallen roughly 28% year-to-date in 2026. Friday’s trading saw shares hovering around $127, considerably exceeding Burry’s fundamental valuation of below $50 per share.
Palantir CEO Alex Karp has previously dismissed Burry’s positions as “super weird” and “bats— crazy” following Scion Asset Management’s disclosure of bearish bets against both Palantir and Nvidia in the prior year.
The data analytics company has continued winning new government contracts and deepening its Pentagon relationships throughout President Trump’s second administration.
