Michael Burry shifts hedge to Nasdaq, builds QQQ puts at 6%

Michael Burry's latest disclosed portfolio shows he has reshaped his bearish positioning away from a narrower semiconductor downturn and toward a broader wager on Nasdaq weakness. His filing indicates he fully closed short positions in Tesla and Applied Materials profitably, exited all SOXX put options, added a larger put position on the Invesco QQQ Trust equal to about 6% of the portfolio, trimmed his Caterpillar short, increased his Micron short and raised cash to 12%. A separate August 14 report by Kalshi said Burry had closed a Tesla short opened on June 30 at $416.22 after the shares fell more than 20% into the low $300s by late July, but that report said no SEC filing, 13F disclosure or statement from Burry had yet confirmed the timing, size or structure of that specific trade.

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