Key Highlights
- Burry established positions in JD.com and Alibaba following recent price declines he views as favorable entry opportunities
- The investor expanded his GameStop holdings and initiated a position in Fiserv based on confidence in management changes
- His Nvidia put options expanded with January 2027 Strike 115 contracts purchased at 3.30
- Long-dated Palantir puts remain in his portfolio, with his assessment placing fair value significantly below $50 per share
- Palantir shares declined approximately 13% during the week even after receiving public endorsement from Trump on Truth Social
Michael Burry, the investor who famously profited from forecasting the 2008 housing market collapse, revealed his latest portfolio adjustments on Friday through a Substack post available to paying subscribers.
The disclosure showed Burry acquiring shares in JD.com and Alibaba. He characterized JD as a “significant add” representing slightly over 6% of his holdings, while Alibaba entered his portfolio as a fresh position at comparable weight. The recent price declines in both stocks provided what he termed “an attractive entry point.”
Alibaba Group Holding Limited, BABA
US-traded JD.com shares climbed more than 2% on Friday after the announcement. Alibaba stock showed slight weakness, trading at $127.60 during afternoon hours.
Burry’s GameStop stake grew larger, which he noted was “already a decent sized position.” He simultaneously entered a position in Fiserv, the payment technology provider, expressing confidence in the company’s “new leadership.”
Nvidia Put Options Expanded
Burry expanded his bearish position against Nvidia through the purchase of January 2027 Strike 115 put options at 3.30. He cited elevated implied volatility levels and mentioned weighing direct short selling but ultimately chose puts due to their capped risk profile.
“I am short at about 3% of notional value,” Burry stated. He confirmed maintaining his previous Nvidia January 2027 Strike 100 put contracts.
During February, Burry raised questions publicly about whether major technology companies could maintain their substantial data center capital expenditures without negatively impacting profitability.
Nvidia stock advanced approximately 2.5% on Friday despite Burry’s ongoing bearish positioning.
Palantir Short Position Maintained with Claims of Significant Overvaluation
Burry revealed he has maintained a bearish stance on Palantir beginning in fall 2025, adjusting the position multiple times. His current holdings include June 2027 Strike 50 puts alongside December 2026 Strike 100 puts.
“I am not selling these today,” he stated.
His remarks followed President Trump’s Truth Social endorsement of Palantir, where the president highlighted the company’s “great warfighting capabilities.” The message provided temporary support to the stock, lifting it from session lows.
Palantir headed toward approximately 13% in weekly losses and has declined about 28% year-to-date in 2026. Friday’s trading saw shares around $127, substantially above Burry’s fundamental valuation of under $50.
Alex Karp, Palantir’s CEO, 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 continues winning additional government contracts and deepening its Pentagon relationships throughout Trump’s second presidential term.
