Michael Burry just made $1.2 million in two days

By: bitcoin ethereum news|2025/05/12 16:45:05
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⚈ Burry’s gains are based on December 2024 data and may not be current ⚈ Uncertainty remains until new 13-F filing reveals Q1 2025 portfolio changes Along with the many American stocks that rallied so much that the U.S. stock market added $2 trillion immediately upon the morning bell on May 12, 2025, the Chinese e-commerce giant Alibaba (NYSE: BABA) soared 6.52% in the first hour of the session. BABA stock’s upsurge ensured that the famous Big Short investor Michael Burry made approximately $1.2 million over the weekend, provided his portfolio balance remained level since the latest 13-F filing. As of December 31, 2024, Burry owned 150,000 Alibaba shares, which were valued at $12.7 million at the time, and $18.8 million at the market’s close on Friday, May 9. With BABA stock soaring from $125.51 to $133.50, The Big Short trader’s stake in the company rose to $20.02 million. Why Michael Burry might have missed the latest BABA stock rally However, it is worth remembering that the actual balance of Burry’s portfolio is unknown, making his weekend gains possible rather than known. Scion Asset Management’s latest 13-filing is, by press time on May 12, more than 5 months old as it covered the final quarter (Q4) of 2024. It is possible that Burry rebalanced the holdings, even selling BABA stock at one point in Q1 or Q2 2025, especially as Alibaba enjoyed several strong rallies since the start of the year and suffered from substantial volatility. For example, the Chinese equity enjoyed its first major rally after it unveiled its Qwen 2.5 artificial intelligence (AI) model mere days after DeepSeek’s R1 shook American big tech. At the time, Alibaba shares rocketed from $89.99 on January 27 to a $143.75 high on February 21. Such performance could have prompted Michael Burry to sell at a high, or it could have, on the flip side, caused the famed investor to buy more as he has held on to the e-commerce and technology giant through multiple years of stock market struggles. The next 13-F filing—due in mid-May—will also not provide a fully up-to-date picture as its break-off point will be March 31, 2025, the end of Q1. Lastly, even if Burry rebalanced his portfolio significantly since December 31, he would have made at least $1.2 million over the latest weekend as long as he held at least 150,000 BABA shares in the evening on May 9. Disclaimer : The featured image in this article is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted. Source: https://finbold.com/michael-burry-just-made-1-2-million-in-two-days/

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