Michael Burry's New Stock Picks (August 2026) — and How They Are Doing

Michael Burry spent the summer of 2026 betting against the market’s biggest winners, and — so far — being right about most of them. He is publicly reported as short Tesla, Caterpillar, Applied Materials, Micron and the VanEck Semiconductor ETF, holding puts on Nvidia, and long a sports-betting pair of Flutter and DraftKings plus JD.com.

Every one of those has a disclosed entry price, which means every one has a scoreboard. Below is each position, what he paid, where it stands at the 4 August close, and the part that matters most for how much weight to give any of it: where this information actually comes from. It is not investment advice.

What are Michael Burry’s newest stock picks?

Six bearish positions and three long ones, all disclosed between 30 June and 24 July 2026.

Seven of the nine are working. The one that is not is the one he has talked about most.

What is Michael Burry shorting?

Five names opened on 30 June after what he saw as overextended rallies — then added to three weeks later.

The 30 June batch was Caterpillar, Nvidia, the VanEck Semiconductor ETF, Applied Materials and Tesla. On Caterpillar he was explicit that this was out of character: “I have never shorted Caterpillar. It has always done great for me on the long side in the past.”

Tesla has been the best of them. He shorted at $416.22; the stock fell about 24% through July, including a 15% single-day drop after quarterly earnings, and closed at $327.35 on 4 August. Asked whether he had covered, he said he had not — the position, he said, “gets smaller all on its own.”

On 24 July he added to several and opened another:

• Caterpillar, added at $893.49
• Nvidia, increased at $210.28 — “I continue to hold puts in good size”
• VanEck Semiconductor ETF, added at $535.83
• Micron, a new short at $933.86

His reasoning on Nvidia is the most quotable thing he has said all summer, and it is a demand argument rather than a valuation one: “I believe much of current and future demand is not driven by end customers, end demand. Much and possibly most is financed, off-balance sheet and not lit. Future revenues are majority financed in a circular arrangement, per the 2026 BIS annual report.”

Nvidia is also the position losing money. It has risen to $211.94 from the $198.09 where he shorted it — about 7% against him — while everything else he sold has fallen.

What he is betting against, in each case, is a stock that has already run. Micron is up about 213% in 2026, and it is his newest short. Nvidia is up about 14%. On the other side of the ledger, the names he has been short longest have already come a long way down: Tesla is −27% for the year and Palantir was −31% at the time of the late-July reports.

A Palantir short runs alongside these, and it is the longest-running of them. CNBC reported in April 2026 that he was still betting against Palantir, and a 27 July report of his newsletter had the bearish stance unchanged, with Tesla likewise still open rather than covered. That same report described his semiconductor-ETF position as short stock plus related put options, and said it had become a substantial holding.

Palantir then had a very good day and he had a very bad one: on 4 August it jumped 29.5% in a single session, from $125.65 to $162.66, after second-quarter results. No entry price for that short has ever been reported, so it is not in the table above — but a move of that size runs hard the wrong way, and it takes Palantir’s 2026 decline from about 31% at the time of that report to 8.5% now.

What has he done in August?

He traded again on 4 August — and the post about it is called “My Options.”

The most recent entry in his newsletter is dated 4 August 2026, 15:50 New York time, titled Trading Post August 4, 2026 My Options, with the subtitle “A good number of trades, and a follow up.” It went out roughly two hours before the close of the session in which Palantir rose 29.5%.

What is in it is not public. The post is subscriber-only, no outlet has reported its contents at the time of writing, and this article is not going to guess at them — a title naming options and a day on which one of his reported shorts moved 29.5% against him is suggestive, and suggestive is not reporting.

What the free preview does show is what he is working on next: a fourth instalment of what he calls the Heretic’s Guide, examining the Big Five hyperscalers’ earnings and filings — which is the same circular-AI-financing argument that underpins the Nvidia position.

Two other August items are public by title only: an abridged version on 3 August of a piece on market structure, volatility targeting and multi-strategy funds, first published on 31 July.

So the honest state of play: his most recent publicly reported positions are still the 24 July batch. There has been one August trading post, and the names in it are not known outside his subscriber list.

What is Michael Burry buying?

A sports-betting pair and a Chinese e-commerce name — his biggest long bet in years.

On 8 July he disclosed a full-sized position split roughly 60% Flutter Entertainment at about $107 and 40% DraftKings in the low $26s. The thesis is regulatory rather than operational: prediction markets, he argues, currently sit in a loophole beside a heavily taxed industry, and that will not last. “I believe that the political climate will not tolerate this. Prediction markets exist in a loophole adjacent to a heavily regulated and taxed industry. In time, prediction markets will be subsumed into regulation and taxation.”

On the businesses themselves he described DraftKings as “inflecting as an operating business” — approaching the point where profit compounds faster than revenue — and Flutter as “a fundamentally very good operating business with terrific scale” held back by past capital misallocation now washing through.

Neither has worked yet. Flutter is a touch below his entry and DraftKings is down about 10%.

In the same post he added to JD.com at $27.58, describing it as one of his top three core holdings. That one has worked: JD closed at $32.97 on 4 August, about 19.5% higher.

Where does this information come from?

His paid newsletter, reported second-hand by the financial press — not from any regulatory filing.

This is the part that separates a Burry roundup from a Cathie Wood one, where ARK publishes its trades every day . There is no equivalent document here:

• No 13F. Scion Asset Management’s last SEC filing of any kind was on 3 November 2025, and its registration was terminated the following week. There has been nothing in 2026 under any entity.
• The trades appear in a subscription newsletter. Its July trading posts are titled by count — “4 Shorts, 3 Longs” on 24 July, “3 Stock Buys” on 23 July — so more positions exist than have been reported.
• What reaches the public does so through journalism. CNBC, Benzinga, Yahoo Finance and others report the disclosures, which is why specific entry prices are quotable at all.
• His free posts are public. He also writes short public notes, which is where the reasoning often shows up before the trade does.

So every number in this article is a report of a disclosure, not a disclosure. That is a meaningful step removed, and it cuts both ways: the reporting is from outlets that name their source, but nobody outside his subscriber list can audit the full position list.

The catch: how much weight should this carry?

Three things to hold in mind before treating any of it as a signal.

The “$1.1 billion bet” you have read about is from November 2025. It is the most-repeated Burry number in circulation and it is worth knowing exactly what it is. His last 13F, for the quarter ended 30 September 2025, showed put options on roughly 5 million Palantir shares and 1 million Nvidia shares, with notional values of $912 million and $187 million — the $1.1 billion. As the reporting at the time was careful to note, a 13F does not disclose an option’s strike price, its expiry, or what was paid for it. The notional is the value of the underlying shares, not money at risk. Anyone quoting that figure today is quoting a filing that is now more than ten months old, from a fund that has since stopped filing.

A short and a put are not the same bet. Burry’s Nvidia exposure is reported as put options, while Tesla, Caterpillar, Micron and the rest are short sales. A short sale has theoretically unlimited downside if the stock keeps rising; a put costs a premium and that premium is the most you can lose. Write-ups that call them all “shorts” are describing a risk profile he may not have.

The list you can see is incomplete by construction. Titles like “4 Shorts, 3 Longs” tell you seven trades happened on 24 July. Public reporting names a handful. Anyone publishing a complete current portfolio is filling the gap with guesswork.

His timing has historically been early. The housing bet that made his name was placed well before it paid, and several of his later calls moved against him for long stretches first. A position that is 25% in profit five weeks in is not the same as a thesis being proved.

This is a roundup and an explainer, not investment advice — Drawpie isn’t a financial adviser, and nothing here is a recommendation to buy, sell, hold or short anything. Short selling carries unlimited theoretical risk, and options can expire worthless. Every position described is a report of a past disclosure and may already have been closed. Do your own research and consider a licensed professional before acting on anything here.