Investor Michael Burry Reportedly Exits Nvidia and Palantir Put Positions in New Regulatory Filing

Investor Michael Burry, best known for his public warnings about elevated valuations in technology stocks, has reportedly closed out put option positions tied to chipmaker Nvidia and data analytics firm Palantir Technologies, according to a report by TradingView citing recent disclosure filings.

The move comes amid an ongoing debate in markets about whether defence-adjacent technology names, including Palantir, have run ahead of fundamentals. Palantir, which builds software platforms used by government and intelligence customers, currently trades at $170.50, down a fraction from its previous close of $170.62, with a market capitalization of roughly $439.7 billion.

Burry, who rose to prominence for forecasting the 2008 housing crisis, has in recent months used public disclosures and social media commentary to flag what he views as excessive optimism in artificial intelligence-linked stocks. The reported closure of the put positions — contracts that gain value when a stock falls — does not necessarily signal a changed view on either company; investors frequently adjust or unwind derivative positions for reasons including timing, positioning size, or risk management.

Palantir remains one of the most closely watched names at the intersection of commercial software and government contracting. The Denver-headquartered company’s Gotham platform is used by intelligence and defence customers in the United States, the United Kingdom, and internationally, alongside growing commercial AI offerings. Its valuation has made it a frequent reference point in discussions about the pricing of AI-exposed equities.

It is worth noting that quarterly disclosure filings reflect positions as of a specific reporting date and can lag current holdings. Options positions in particular are difficult to interpret, as they may serve purposes beyond a simple directional bet.

Neither Nvidia nor Palantir has commented on the reported filings, and the disclosures do not indicate any change in either company’s business outlook or government relationships.

What to watch

• Palantir’s upcoming quarterly earnings report and any updates to full-year guidance.
• Future 13F filing windows, which will reveal institutional position changes as of the most recent quarter-end.
• Announcements on new government or commercial contracts from Palantir’s pipeline.
• Broader commentary from major investors on AI-sector valuations, which has influenced sentiment around high-multiple software names.

Source: original release