Apr. 16 at 4:15 PM
Michael Burry has been steadily building exposure to software names, suggesting he may see value emerging in the sector.
He recently took a fresh 3.5% stake in PayPal around
$49.38, and reports indicate he’s also increasing holdings in Salesforce
$CRM & MSCI.
His latest activity also includes positions across several major software and fintech names:
• PayPal
$PYPL
• Fiserv
$FISV
• Adobe
$ADBE
• Autodesk
$ADSK
• Veeva Systems
Overall, his recent moves are concentrated in beaten down software and fintech names that are now attracting renewed institutional interest.