Quick Summary
- Burry initiated positions in Chinese e-commerce leaders JD.com and Alibaba, describing recent declines as creating an “attractive entry point”
- The investor expanded his GameStop holdings and initiated a position in Fiserv, expressing confidence in the company’s “new leadership”
- He expanded bearish exposure to Nvidia through January 2027 Strike 115 put options purchased at 3.30
- Burry maintains long-term put positions on Palantir, estimating true value at “well under $50/share”
- Palantir stock declined approximately 13% during the week even after receiving public endorsement from President Trump on Truth Social
Michael Burry, the legendary investor famous for his prescient call on the 2008 housing market collapse, unveiled a series of portfolio adjustments Friday through a disclosure on his Substack platform available to paying subscribers.
The hedge fund manager revealed acquisitions of shares in Chinese e-commerce companies JD.com and Alibaba. Burry characterized JD as a “significant add” representing slightly above 6% of his total portfolio holdings, while Alibaba entered as a fresh position at roughly equivalent size. He noted that the recent price deterioration in these stocks provided him with “an attractive entry point.”
Alibaba Group Holding Limited, BABA
American depositary receipts of JD.com climbed more than 2% on Friday in response to the announcement. Alibaba’s shares experienced a slight decline, trading at $127.60 during afternoon sessions.
Burry also expanded his GameStop stake, noting it was “already a decent sized position.” Additionally, he purchased shares of payment processing firm Fiserv, citing his faith in the company’s “new leadership.”
Burry Expands Nvidia Short Exposure
Burry amplified his negative position on Nvidia through the acquisition of January 2027 Strike 115 put options at a 3.30 premium. He observed that implied volatility remains elevated and mentioned considering an outright short sale but ultimately favored the capped risk profile that put options provide.
“I am short at about 3% of notional value,” Burry stated. He additionally confirmed retention of his previous Nvidia January 2027 Strike 100 put options.
Back in February, Burry openly challenged whether technology behemoths could maintain their massive data center capital expenditures without negatively impacting profitability.
Nvidia stock appreciated approximately 2.5% on Friday notwithstanding Burry’s persistent bearish positioning.
Burry Maintains Palantir Short Bet, Labels Stock “Wildly Overvalued”
Burry disclosed that he has maintained a bearish stance on Palantir since autumn 2025 and has adjusted the position multiple times. His current holdings consist of June 2027 Strike 50 puts alongside December 2026 Strike 100 puts.
“I am not selling these today,” he stated.
His disclosure followed President Trump’s positive commentary about Palantir on Truth Social, where he highlighted the company’s “great warfighting capabilities.” The presidential endorsement temporarily provided support to the stock during intraday trading.
Palantir remained on course for approximately 13% weekly losses and has declined roughly 28% year-to-date in 2026. The shares changed hands around $127 on Friday, significantly exceeding Burry’s calculated intrinsic value of below $50.
Palantir CEO Alex Karp had previously described 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.
Palantir has continued winning additional government contracts and deepening its Pentagon collaborations throughout Trump’s second presidential term.
