Michael Burry's Latest Portfolio Moves: Lululemon Becomes Top Holding, Short Position Exceeds 21%

BlockBeats News, September 9 — Michael Burry, the real-life inspiration for "The Big Short," disclosed his latest portfolio adjustments via his Substack account today. His largest long position is now Lululemon, accounting for 17.4% of the portfolio, followed by MercadoLibre at 12%. The second tier includes Molina Healthcare and Temple & Webster, each at 9%. Additionally, Burry holds long positions in Adobe, Zoetis, JD.com, HCA Healthcare, Flutter, Fannie Mae, Freddie Mac, Sprouts, PayPal, Veeva, Birkenstock, Build-A-Bear, and Nvidia, with Nvidia also being used as a hedge.

On the short side, Burry's current short positions, ranked by size from largest to smallest, include the iShares Semiconductor ETF, Micron, Nebius, CoreWeave, Oracle, Palantir, Nvidia, Caterpillar, and the Invesco QQQ Trust. Among these, the QQQ put option position accounts for approximately 6% of the portfolio. Overall, his short positions now exceed 21% of the portfolio, excluding put option positions, indicating he continues to bet on valuation pressure in certain tech and AI-related assets.

Furthermore, Burry has fully exited his short positions in Tesla and Applied Materials, both closed at a profit. He also sold all SOXX put options and converted those positions into a larger QQQ put option position. Following the latest adjustments, Lululemon has risen to his largest position after being increased, while the overall portfolio continues to reflect a clear divergence strategy of "going long on select consumer and healthcare stocks while shorting certain tech and AI assets."