QUICK SPARK: Michael Burry Sells All Nvidia, Palantir December 2026-Dated Puts

Renowned investor Michael Burry has reshuffled his investment portfolio by completely exiting his December 2026-dated put options on both Nvidia Corp (NVDA) and Palantir Technologies Inc (PLTR), according to disclosures tracked by the Michael Burry Stock Tracker. While Burry closed out these specific 2026 downside bets, he maintained longer-dated 2027 put options on Palantir and the Invesco QQQ Trust (QQQ). In addition to exiting the Nvidia and Palantir options, Burry trimmed several other equity holdings—including Lululemon, Molina Healthcare, and MercadoLibre—as part of a broader move to reduce overall portfolio risk. Burry had previously expressed severe skepticism regarding Palantir's fundamentals, citing concerns over accounts receivable outpacing revenue in nine of the past 12 quarters and accusing the company of aggressive revenue recognition. The unwinding of near-term bearish options positions occurs amid strong operational momentum in AI infrastructure, including Palantir's strategic partnership with Nebius Group. The move suggests Burry may be de-risking his short exposure against semiconductor and AI leaders as market dynamics continue to challenge aggressive bearish wagers.