Michael Burry Expands Short Positions in Micron and Nvidia While Adding Longs in Lululemon

Burry deepens bearish bets on semiconductor stocks via increased shorts in Micron, Nvidia, and SOXX ETF, while simultaneously boosting long holdings in Lululemon and DraftKings.

Woofun AI reports that Michael Burry disclosed portfolio adjustments on July 31st, highlighting a strategic shift towards bearish positions in the semiconductor sector. He expanded his short exposure in Micron Technology at an average price of $880, added to short positions in Nvidia, and increased his short stake in the SOXX ETF with an average entry of $506.

Concurrently, Burry augmented his long holdings across several equities. He added to Lululemon at approximately $118, increased his position in DraftKings at $23.40, and bought more Zoetis shares at $76. He also further increased his Flutter holdings while leaving his positions in Tesla and Palantir unchanged.