May. 18 at 11:41 PM
Michael Burry increased his exposure to several major consumer and tech names, including MercadoLibre, Adobe, PayPal, Lululemon Athletica, and Zoetis, according to recent filings and commentary shared on Monday. The move suggests he is leaning further into a selection of large-cap growth and defensive quality names despite broader market uncertainty.
Burry, widely known for anticipating the 2008 housing crisis as depicted in The Big Short, also added to his existing position in Zoetis. He described the animal-health company as an “easy layup,” implying a high-quality, steady business, although he emphasized that the investment thesis requires patience rather than short-term catalysts.
In a Substack post, Burry characterized these purchases as part of what he called a broader “whale sell-off happening away from the main stage,” suggesting that significant institutional repositioning is taking place quietly beneath surface-level market narratives.
$MELI $ADBE $PYPL $LULU $ZTS