Michael Burry Closes Half Palantir Short, Sells Alibaba for JD.com and Buys Microsoft LEAPS

Michael Burry, the hedge fund manager portrayed in The Big Short, disclosed via Substack that he has closed half of his Palantir Technologies short position while maintaining put options on the stock. He also sold Alibaba holdings to increase exposure to JD.com, and added to long positions in Fiserv and Adobe. Notably, Burry purchased long-term call options (LEAPS) on Microsoft expiring December 15, 2028, signaling confidence in the software giant's mid-to-long term outlook. The moves reflect Burry's continued strategy of shorting overvalued AI-related stocks while accumulating cash-generative value stocks.
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