Michael Burry bets against Nvidia and Chinese stocks, holds Estee Lauder

From Yahoo Finance: 2025-05-15 17:03:00

Michael Burry of Scion Asset Management made significant changes to his portfolio in the first quarter, betting against shares of Nvidia Corp. and buying bearish puts on Chinese stocks like Alibaba, Baidu, and JD.com. The only long position left was a bet on Estee Lauder. Burry disclosed these moves in a filing with the SEC, as required for institutional investment managers holding over $100 million in certain securities. Other notable investment moves include Warren Buffett’s Berkshire Hathaway dumping its Citigroup stake, Third Point selling off Tesla, Soros’s fund placing new bets on Nvidia and a SpaceX rival, and Stanley Druckenmiller’s Duquesne dumping Alphabet and buying more Taiwan Semi and Coupang.



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