Michael Burry – Net Worth, Portfolio and 2025 Trades

Michael Burry, the investor famously portrayed in The Big Short, remains one of the most closely watched figures in finance. His firm, Scion Asset Management, executed a dramatic series of trades throughout 2025, shifting from massive bearish bets against AI leaders to a fresh pivot toward software and fintech stocks. This article covers his estimated net worth, the contents of his latest portfolio, his recent market calls, and his current public presence.

What Is Michael Burry’s Current Net Worth and How Did He Build It?

• Michael Burry’s net worth is estimated between $300M-$500M, largely generated from his 2008 hedge fund returns and subsequent active trading.
• His current Scion Asset Management portfolio is heavily concentrated, often taking contrarian short positions against overvalued sectors.
• Burry has shifted his primary public platform from Twitter to Substack (Cassandra Unchained), where he posts direct market analysis.
• Despite high-profile predictions, investors remain divided on whether his recent calls have matched the accuracy of his 2008 trade.
• Burry’s investment strategy remains value-focused with a strong contrarian bent, including bets against meme stocks, crypto, and overhyped tech.

Burry founded Scion Capital in 2000 and gained fame for predicting the 2008 financial crisis through credit default swaps on mortgage-backed securities. That trade generated returns of roughly 489% for his fund. He later closed Scion Capital and launched Scion Asset Management. As of 2025, his net worth is estimated at over $300 million, placing him well below billionaire status, according to public filings and reported returns.

What Stocks Is Michael Burry Buying and Shorting in 2025?

Burry’s 2025 trading activity reveals a rapidly shifting strategy. In Q1 2025, he exited all equity holdings entirely and placed seven put options against major tech and AI names, including Nvidia (NVDA), Alibaba (BABA), PDD, JD.com, and Trip.com (TCOM). The total disclosed value of these positions was $199.2 million.

By Q2 2025, Burry reversed course. He closed all Nvidia and Alibaba put options and added equity positions in Lululemon ($11.8 million), UnitedHealth ($6.2 million), and Regeneron ($7.8 million), alongside some call options. This suggested a tactical shift toward defensive and cyclical stocks.

The AI short that dominated Q3 2025

In Q3 2025, Burry’s portfolio became overwhelmingly bearish. Approximately 80% of his total notional exposure was concentrated in two put option positions: Palantir (PLTR) represented 66.04% of the portfolio, with a notional value of $912.1 million, while Nvidia (NVDA) added another 13.51%, worth $186.6 million. The total notional exposure across all positions reached $1.38 billion, against just $55 million in actual equity value.

Pivot to software and fintech

By early 2026, Burry had changed direction again. He began buying dips in software and fintech companies, with PayPal (PYPL) as his top pick at a 3.5% allocation with an average entry price of $49.38. Ongoing holdings reportedly included Adobe (ADBE), Autodesk (ADSK), Fiserv (FISV), and Veeva Systems (VEEV). He also signaled plans to add Salesforce (CRM) and MSCI.

A timeline of portfolio shifts

Sources for this data include LevelFields, Quiver Quantitative, and Acquirer’s Multiple.

What Are Michael Burry’s Most Recent Market Predictions?

Burry’s core thesis throughout 2025 centered on the belief that AI hyperscalers — particularly Nvidia and Palantir — are artificially boosting earnings and that their valuations are unsustainable. In November 2025, he publicly accused these companies of artificial earnings inflation.

His macro stance entering 2026 has been described as selective bullishness within a cautious macro outlook. He has framed the AI-led correction as technical and credit-driven rather than a sign of fundamental economic weakness.

Investors remain divided on whether Burry’s post-2008 track record warrants continued attention. His 2022 recession prediction did not materialize as expected, and some critics argue his large position disclosures create the risk of market influence.

Is Michael Burry Still Active on Twitter and Social Media?

Burry deleted or deactivated his Twitter account in 2023. His primary public platform is now his Substack newsletter, Cassandra Unchained, where he publishes long-form market analysis. He has also been known to follow the X account @marketsday, which tracks his portfolio updates and shares his contrarian AI views.

His shift to Substack is part of a broader trend of financial analysts moving to owned media. No evidence suggests he maintains an active Facebook page for market commentary.

Who Is Michael Burry’s Wife and What Is His Personal Background?

Burry is married, but his wife’s name has not been publicly disclosed. He maintains a low profile regarding his personal life. Burry was born on June 19, 1971, in San Jose, California. He earned a BA from UCLA and an MD from Vanderbilt University. He is a licensed pathologist but does not practice medicine. He has spoken openly about having Asperger’s syndrome, which he credits for his analytical focus.

Key Moments in Michael Burry’s Career

1. 1971 — Born in San Jose, California.
2. 2000 — Founds Scion Capital, begins value investing.
3. 2005 — Begins shorting subprime mortgage bonds.
4. 2008 — Scion Capital returns ~489% profit; Burry closes the fund.
5. 2010 — The Big Short book is published; Burry gains mainstream fame.
6. 2015 — The Big Short movie is released.
7. 2019-2022 — Returns to active trading; goes viral on Twitter for market risk warnings.
8. 2023 — Deletes Twitter; launches “Cassandra Unchained” Substack.
9. 2024-2025 — Continues posting market analysis; portfolio tracked via 13F filings.

What Is Certain and What Remains Unclear About Michael Burry?

Why Does Michael Burry Still Matter in 2025?

Burry remains a bellwether for contrarian investing, particularly during periods of market uncertainty. His portfolio is studied not just for specific stock picks but for the sectors he identifies as dangerously overvalued. His move from Twitter to Substack mirrors a larger movement of financial analysts seeking direct, unmediated channels to their audience. The ongoing debate over his post-2008 record illustrates the difficulty of replicating a historic trade.

For readers interested in other notable figures, you may find the biography of Matt Groening – The Man Behind The Simpsons and Futurama or the profile of Bryan Cranston – Biography, Net Worth, Family and Career to be informative.

What Do the Sources and Quotes Say About Michael Burry?

“We must be willing to look stupid for a long time, and even lose money, in order to be correct in the end.”

— Michael Burry, reflecting on investing during market extremes

“The single most important thing in investing is not predicting the future, but understanding the price you’re paying.”

— Michael Burry, Cassandra Unchained Substack post

“He has pretty consistently beaten the S&P over the past couple decades.”

— Reddit r/AskEconomics, user comment evaluating Burry’s track record

Summary: What Should Investors Take Away About Michael Burry?

Michael Burry remains a polarizing but closely watched figure. His 2025 trades — from a complete exit of equities to a massive short on AI leaders, then a pivot into software and fintech — underscore his contrarian approach. While his exact net worth and the timing of his market calls carry uncertainty, his portfolio moves continue to draw attention from retail and institutional investors alike. For ongoing tracking, following his Substack and monitoring SEC filings (when available) remains the most direct method.

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