Burry Reportedly Closes Out Nvidia and Palantir Put Positions Dated December 2026

Investor Michael Burry has fully exited his December 2026-dated put options in Nvidia and Palantir Technologies, according to a report from Benzinga. The move, first flagged in a brief “Quick Spark” item, closes out positions that had drawn significant attention from market watchers tracking the investor’s disclosed holdings.

Put options give the holder the right to sell shares at a set price by a set date, and are commonly used to express a view that a stock may decline. Because of Burry’s high profile — he is best known for his wager against the housing market ahead of the 2008 financial crisis — disclosures tied to his investment activity have repeatedly generated headlines, particularly when they involve companies at the centre of the artificial intelligence trade.

Palantir Technologies (PLTR) has been among the most closely watched names in defence-adjacent technology. The company builds software platforms used by government and intelligence customers, including its Palantir Gotham platform, which integrates data for analytical work in the United States, the United Kingdom, and internationally. Shares were trading at $170.50 in recent action, down roughly 0.07% from the prior close of $170.62, valuing the company at approximately $439.7 billion. The stock is classified in the Technology sector within the Software – Infrastructure industry.

Options positions tied to prominent investors can move in and out of portfolios quickly, and filings that reveal such trades are typically snapshots of a moment in time rather than statements of long-term strategy. Disclosures often lag actual trades, meaning the reported exit may have occurred weeks before it became public. It is also possible that positions were closed for reasons unrelated to a directional view on either stock — such as managing risk, realising gains or losses, or restructuring a broader portfolio — though no rationale was given in the report.

For Palantir in particular, attention on large investor moves has been heightened by the stock’s prominence in discussions around government software and defence technology spending. The company’s customer base spans defence, intelligence, and commercial sectors, making it a frequent reference point in coverage of the intersection between Silicon Valley and national-security technology.

Neither Burry nor representatives for the companies commented in the source report on the reasons for closing the positions.

What to watch

• Palantir’s next quarterly earnings report and any updates to guidance for government and commercial segments.
• Future regulatory filings or portfolio disclosures that clarify remaining positions tied to artificial intelligence and defence technology names.
• Upcoming contract announcements from Palantir, which typically influence coverage of the company’s government business.

Source: original release