#What is Michael Burry’s Position on Palantir Technologies?
Michael Burry, renowned for predicting the 2008 housing crisis, is currently taking a public stance against Palantir Technologies. His notable short position, first revealed through put options in late 2025, has stirred considerable attention in the investment community. Despite widespread speculation on social media that Burry may have exited this short position, as of late June 2026, there is no credible evidence to confirm this.
Burry initially disclosed his bearish outlook on Palantir in the 13F filings that ended on September 30, 2025. These filings indicated that he held put options on Palantir with a notional value nearing $912 million, in addition to about $187 million in puts on Nvidia. However, further clarification from Burry revealed that his actual investment in Palantir puts was around $9.2 million for approximately 50,000 contracts. This distinction is critical, as it suggests a more conservative bet against the company rather than a nearly billion-dollar wager.
In response to Burry’s short position, Palantir’s CEO labeled it as incomprehensible.
#What Technical Analysis Does Burry Use?
On June 2, 2026, Burry reiterated his concerns about Palantir by describing it as significantly overvalued, using the analogy of a “sand castle” trading at an inflated price to its actual worth. He also noted the emergence of a head-and-shoulders pattern in Palantir's stock chart. For investors unfamiliar with this term, a head-and-shoulders pattern can indicate a potential reversal in price trends, suggesting a shift from an upward trajectory to a downward one. Following Burry's comments, Palantir’s stock saw a decline of roughly 5%.
#Why is Tracking Burry’s Investments Challenging?
Complicating the landscape for investors trying to gauge Burry’s position is Scion Asset Management's deregistration with the SEC in November 2025, alongside the fund's planned liquidation by year’s end. This scenario means that the typical public disclosures through which institutional investments are monitored, particularly 13F filings, might no longer be informative. Consequently, investors must rely on Burry’s social media activity for insight into his current strategies.
Through June 2026, Burry's commentary consistently suggests he remains bearish on Palantir, implying that his bets against the company persist in some form, despite Scion’s formal status.
#What Implications Does This Have for Investors?
Burry’s fundamental argument about Palantir's valuation merits attention. The company has been a notable beneficiary of the AI investment surge, and his simultaneous puts on Nvidia indicate a broader thesis regarding the valuation of AI-associated stocks and their fundamentals. The lack of confirmed information about Burry exiting this position is telling. In an environment where major fund managers' strategies are often scrutinized, the absence of evidence supporting a closure of Burry’s short position, accompanied by ongoing bearish remarks, reinforces the notion that this trade is still active. Investors considering adjustments based on speculative social media rumors about Burry should proceed with caution and seek verified information before making investment decisions.