Burry also closed out bearish options against the broad S&P 500 and Nasdaq 100 Index, the filings showed.
His Scion Asset Management’s biggest new position last quarter was in bearish options on an exchange-traded fund focused on semiconductors.
He bought put options with a notional value of $47.4 million against the iShares Semiconductor ETF (SOXX.O), according to the filing.
The filings also showed that Burry's fund no longer held puts on the Nasdaq 100 and S&P 500.
Hedge fund Man Group also sold its 1.1 million shares in Nvidia, while Renaissance Technologies LLC sold its entire stake in the company.
Persons:
Michael Burry, Burry, George Soros, Carolina Mandl, David Gregorio, Anna Driver, Deepa Babington
Organizations:
U.S, Nasdaq, iShares Semiconductor, Soros Fund Management, Society, Nvidia, Taiwan Semiconductor Manufactoring, Man, Renaissance Technologies, Tiger Global Management, Eisler Capital, Man Group, Duquesne Family Office, Thomson
Locations:
U.S, TSMC, New York