Michael Burry: Adds Nasdaq Shorts, Exits TSLA

Michael Burry updated his Substack holdings with top longs at roughly 8% each in Adobe $ADBE, MercadoLibre $MELI, Zoetis $ZTS and JD $JD, followed by 7% stakes in Lululemon $LULU, PayPal $PYPL, Veeva $VEEV, Flutter $FLUT, Molina Healthcare $MOH and HCA Healthcare $HCA, plus 5% positions in Fannie Mae $FNMA, Freddie Mac $FMCC and Sprouts $SFM; shorts target iShares Semiconductor ETF $SOXX, Micron $MU, Nebius $NBIS, Nvidia $NVDA, Oracle $ORCL, Palantir $PLTR, Caterpillar $CAT and a Invesco QQQ Trust $QQQ put worth 6% of the book, while full exits covered the Tesla $TSLA short and Applied Materials $AMAT short for gains and replaced prior SOXX puts with the larger QQQ position, lifting cash to 12% as the bet shifts from chip-specific weakness to broader Nasdaq tech stocks decline.