Key Highlights
- The famed investor initiated significant positions in Chinese e-commerce leaders JD.com and Alibaba, viewing market weakness as favorable timing
- GameStop holdings were expanded, and a fresh stake in Fiserv was established based on confidence in management changes
- Additional Nvidia put options were purchased, specifically January 2027 contracts with a Strike price of 115 at $3.30
- Long-term bearish options on Palantir remain in place, with Burry estimating true valuation significantly below $50 per share
- Palantir shares declined approximately 13% over the week, even after receiving positive recognition from Trump on Truth Social
Michael Burry, the renowned investor who famously anticipated the 2008 financial crisis, revealed his latest portfolio adjustments on Friday through a post shared with paying Substack subscribers.
The investor disclosed that he established positions in Chinese technology companies JD.com and Alibaba. Burry characterized JD as a “significant add” representing slightly more than 6% of his holdings, while Alibaba entered his portfolio as a fresh position of comparable magnitude. The recent market downturn in these stocks provided what he described as “an attractive entry point.”
Alibaba Group Holding Limited, BABA
Shares of JD.com trading in the United States climbed more than 2% on Friday after the announcement. Alibaba stock experienced a slight decline, settling at $127.60 during afternoon market hours.
Burry’s portfolio changes also included expanding his GameStop stake, which he noted was “already a decent sized position.” Additionally, he acquired shares of Fiserv, a payment technology firm, expressing confidence in the direction of the company’s “new leadership.”
Expanded Bearish Strategy on Nvidia Stock
The investor amplified his pessimistic position against Nvidia through the purchase of put options dated January 2027 with a Strike price of 115, acquired at $3.30. He noted elevated implied volatility levels and acknowledged considering an outright short sale of the stock but ultimately favored the capped risk profile associated with put options.
“I am short at about 3% of notional value,” Burry stated. He further confirmed maintaining his previous Nvidia January 2027 Strike 100 put contracts.
Earlier this year in February, Burry openly raised concerns about whether major technology companies could maintain their substantial data center capital expenditures without negatively impacting profitability.
Despite Burry’s ongoing bearish perspective, Nvidia stock advanced approximately 2.5% on Friday.
Palantir Stock Remains in Burry’s Crosshairs with “Wildly Overvalued” Assessment
Burry revealed that he has maintained a bearish stance against Palantir since autumn 2025 and has adjusted the position through multiple rollovers. His current holdings include June 2027 Strike 50 puts alongside December 2026 Strike 100 puts.
“I am not selling these today,” he emphasized.
These remarks followed President Trump’s endorsement of Palantir via Truth Social, where he highlighted the company’s “great warfighting capabilities.” The presidential mention provided temporary support, helping the stock recover from session lows.
Nevertheless, Palantir stock remained headed for a weekly decline of roughly 13% and has fallen approximately 28% year-to-date in 2026. Trading around $127 per share on Friday, the stock price substantially exceeds Burry’s fundamental valuation estimate of under $50.
Palantir CEO Alex Karp previously dismissed Burry’s bearish positions as “super weird” and “bats— crazy” following Scion Asset Management’s disclosure of pessimistic bets against both Palantir and Nvidia in the prior year.
The company has continued winning additional government contracts and deepening its Pentagon relationships throughout Trump’s second presidential administration.
