TLDR
- Burry bought shares in JD.com and Alibaba, calling recent weakness an “attractive entry point”
- He added to his GameStop position and bought shares in Fiserv, citing belief in “new leadership”
- Burry increased his Nvidia put options, buying January 2027 Strike 115 puts at 3.30
- He is holding long-dated puts on Palantir, believing the stock’s fundamental value is “well under $50/share”
- Palantir was down roughly 13% for the week despite a Trump Truth Social post praising the company
Investor Michael Burry, known for predicting the 2008 subprime mortgage crisis, made a series of moves on Friday, disclosed in a Substack post for paid subscribers.
Burry said he bought shares in JD.com and Alibaba. He called JD a “significant add” at just over 6% of his portfolio, with Alibaba coming in as a new position at a similar size. He said recent weakness in the shares gave him “an attractive entry point.”
Alibaba Group Holding Limited, BABA
US-listed shares of JD.com rose over 2% on Friday following the disclosure. Alibaba shares were marginally down at $127.60 in afternoon trading.
Burry also added to his GameStop position, describing it as “already a decent sized position.” He bought shares in payment technology company Fiserv as well, saying he believes in the company’s “new leadership.”
Burry Adds to Nvidia Short Position
Burry increased his bearish bet on Nvidia by buying January 2027 Strike 115 put options at 3.30. He said implied volatility is high, and he considered shorting the stock outright but preferred the limited downside of puts.
“I am short at about 3% of notional value,” Burry wrote. He also confirmed he continues to hold earlier Nvidia January 2027 Strike 100 puts.
In February, Burry publicly questioned whether tech giants could sustain their heavy data center spending without hurting earnings.
Nvidia shares rose around 2.5% on Friday despite Burry’s continued bearish stance.
Burry Holds Palantir Puts, Calls Stock “Wildly Overvalued”
Burry said he has been betting against Palantir since the fall of 2025 and has rolled the position several times. He now holds June 2027 Strike 50 puts and December 2026 Strike 100 puts.
“I am not selling these today,” he wrote.
His comments came after President Trump praised Palantir on Truth Social, calling it a company with “great warfighting capabilities.” The post briefly lifted the stock off its intraday lows.
Palantir was still on track for a roughly 13% weekly drop and is down about 28% in 2026. The stock traded around $127 per share on Friday, well above Burry’s estimated fundamental value of under $50.
Palantir’s CEO Alex Karp previously called Burry’s wagers “super weird” and “bats— crazy” after Scion Asset Management disclosed bearish positions against Palantir and Nvidia last year.
Palantir has been securing new government contracts and expanding its work with the Pentagon during Trump’s second term.
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