Michael Burry Dumps Nvidia and Palantir Put Options in Fresh Risk Warning
Investor Michael Burry has shed his December 2026 put options on Nvidia and Palantir amid portfolio-wide cuts. Despite reducing these bearish bets, Burry remains short on Nvidia, Palantir, and Tesla, issuing a fresh risk warning that artificial intelligence stocks could face a severe market downturn. The portfolio update also shows Burry exiting his position in Flutter and acquiring new stakes in Lululemon and Zoetis. Observers are questioning whether the reduction in bearish positions signals a retreat from his aggressive short stance against high-flying technology equities.
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- ✓ Michael Burry shed his December 2026 put options on Nvidia and Palantir.
- ✓ Burry warned of a possible 1987-type fall for artificial intelligence stocks.
- ✓ The investor sold his stake in Flutter and established a new position in Zoetis.
What changed
Michael Burry dropped his December 2026 put options on Nvidia and Palantir as part of a broader September portfolio reshuffling.
Live updates
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Michael Burry Dumps Nvidia and Palantir Puts in Risk Warning
Investor Michael Burry has shed his December 2026 put options on Nvidia and Palantir amid portfolio-wide cuts. Despite reducing these bearish bets, Burry remains short on Nvidia, Palantir, and Tesla, issuing a fresh risk warning that artificial intelligence stocks could face a severe market downturn. The portfolio update also shows Burry exiting his position in Flutter and acquiring new stakes in Lululemon and Zoetis. Observers are questioning whether the reduction in bearish positions signals a retreat from his aggressive short stance against high-flying technology equities.
Why it matters
Burry rose to fame for predicting and profiting from the 2007 subprime mortgage meltdown, immortalized in the book and film The Big Short. His latest tactical maneuvers in artificial intelligence-linked equities are closely watched by market participants gauging tech sector valuations. The recent adjustments indicate a scaling back of specific risk exposure while maintaining an overall defensive posture against speculative market bubbles.
What is confirmed
- Michael Burry shed his December 2026 put options on Nvidia and Palantir.
- Burry warned of a possible 1987-type fall for artificial intelligence stocks.
- The investor sold his stake in Flutter and established a new position in Zoetis.
Still unconfirmed
- Reducing bearish bets on Nvidia and CrowdStrike indicates Burry may be waving a white flag on his short strategy.
What to watch next
- Subsequent regulatory filings detailing the exact scale of Burry remaining short positions in Tesla, Nvidia, and Palantir.
- Further market performance data for artificial intelligence equities to test the validity of the 1987-type fall warning.
confidence 100%Sources used for this update (6)
- Yahoo Finance — Michael Burry Dumps Nvidia and Palantir Put Options in Fresh Risk Warning
- The Motley Fool — Michael Burry Is Staying Short Nvidia, Palantir, and Tesla, Warning of a Possible "1987-Type Fall" for AI Stocks. Should Investors Take the Bet Seriously?
- Seeking Alpha — Michael Burry pulls back on risk, sheds December 2026 Nvidia and Palantir puts amid portfolio-wide cuts
- Finbold — ‘Big Short’ Michael Burry just updated his portfolio for September
- TradingView — Michael Burry Sells FLUT To Pile Into LULU Under $100 — Plus A New Bet On ZTS
- 247wallst.com — Is Michael Burry Waving a White Flag? 'Big Short' Investor Reduces Bearish Bets on NVDA, CRWV
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