"Big Short" Michael Burry's latest position adjustments: increased holdings in JD.com 2029 call options and BYD common stock.

BlockBeats news, October 6th — Michael Burry, the real-life figure behind "The Big Short," disclosed today through his Substack account that he adjusted his portfolio for tax-loss harvesting: selling Lululemon and rotating into Deckers, selling Fannie Mae and buying Freddie Mac; swapping Sprouts Farmers Market holdings for 2028 call options, converting Zoetis stock into 2029 call options, while increasing JD.com 2029 call options and BYD common stock, and adding new MetLife 2029 put options.

In addition, Burry is still waiting for Alibaba to fall further, while his Fiserv position remains unchanged. Burry stated that the fourth quarter "will bring additional pressure on stocks that have already fallen sharply."

Note: Tax-loss harvesting refers to selling losing assets to realize paper losses, thereby offsetting capital gains from other investments and reducing tax liability.