'Big Short' Investor Michael Burry Doubles Down On Chinese Tech Stocks While Adding Protective Hedges

However, in what appears to be a cautionary strategy, Burry has simultaneously established put options against these same holdings. Put options typically increase in value when the underlying securities decline, suggesting a hedging strategy designed to protect against potential market volatility.

See Also: Long-Time Tesla Bull Rages As Elon Musk Reportedly Backs Trump’s Plan To Ax $7.5K EV Credit: ‘Insanity’

The timing of these moves coincides with Beijing’s recent economic stimulus announcements aimed at reinvigorating growth in the world’s second-largest economy. While Chinese equities initially rallied in September following these signals, gains have moderated as investors await more concrete fiscal measures.

Why It Matters: Burry’s top three Chinese holdings have posted average gains of nearly 60% over a two-month period, according to market data.

Burry’s moves are being closely watched by market participants, particularly given his track record. He gained widespread recognition for his prescient bet against mortgage-backed securities before the 2008 global financial crisis, a story later chronicled in Michael Lewis‘s bestseller “The Big Short” and its subsequent Oscar-winning film adaptation.

It’s worth noting that these positions reflect holdings as of Sep. 30, as required by SEC regulations for funds managing over $100 million in assets. Given the 45-day reporting delay and Burry’s active trading style, current positions may have already changed.

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