{"id":129252,"title":"‘Big Short’ Investor Michael Burry shuts down hedge fund","publisher":"Share Talk","author":"sharetalk","published":"2025-11-13T15:03:46+00:00","modified":"2026-06-21T22:02:10+00:00","canonical_url":"https://www.share-talk.com/big-short-investor-michael-burry-shuts-down-hedge-fund/","markdown_url":"https://www.share-talk.com/big-short-investor-michael-burry-shuts-down-hedge-fund.md","json_url":"https://www.share-talk.com/big-short-investor-michael-burry-shuts-down-hedge-fund.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["Amazon","ARTIFICIAL INTELLIGENCE","Bitcoin","BTC","Bubble","chipmaker","FRANCE","GERMANY","Japan","Michael Burry","Nvidia","OpenAI","Palantir","short positions","The Big Short"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/The-Big-Short-_.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"[Michael Burry](https://www.share-talk.com/big-short-investor-sparks-global-sell-off-as-ai-bubble-fears-grow/) — the investor immortalised in *The Big Short* for predicting the collapse of the US mortgage market — appears to have **shut down his hedge fund** after placing a high-profile wager against the artificial intelligence boom.\n\n![](https://www.share-talk.com/wp-content/uploads/2025/11/G5o8S7XXEAAlWiz-228x300.webp)\n\nRegulatory filings show that **Scion Asset Management**, Burry’s firm, has been **deregistered with the US Securities and Exchange Commission (SEC)**, with its status marked as **“terminated”** this week. The move removes the firm from federal oversight and means Scion must **return investor capital**, given that hedge funds managing over **$100m (£75m)** are required to remain SEC-registered.\n\nIn a brief and cryptic post on **X**, Burry teased a new chapter, writing he was moving “on to much better things Nov 25” — fuelling speculation that he may be transitioning to a **family office**, which would allow him to invest his own wealth with far less regulatory scrutiny.\n\n### **A $1.1bn Bet Against AI High-Flyers**\n\nThe timing of Scion’s closure raised eyebrows after reports emerged that Burry had placed a **$1.1bn bet** against two of the stock market’s biggest AI winners: **Nvidia** and **Palantir**.\n\nBurry revealed he had bought **2027 put options** allowing him to sell Palantir shares at **$50**, a position that profits if the stock falls below that level. Shares currently trade at **$184**.\n\nSince his bearish bets surfaced, **Nvidia’s share price has fallen roughly 8%**, while **Palantir is down around 11%**. Palantir’s outspoken CEO **Alex Karp** dismissed Burry’s stance as “bats— crazy”, prompting Burry to retort that he was “not surprised” Karp couldn’t “crack” the regulatory filing outlining the trade.\n\n### **A Man Who Saw the Last Crisis Coming**\n\nBurry became a household name after correctly predicting — and profiting from — the collapse of the **US mortgage-backed securities market** in 2007, a move that earned Scion roughly **$1bn** and cemented his reputation as one of Wall Street’s most contrarian thinkers.\n\nHis story was chronicled in **Michael Lewis’s bestselling book *The Big Short*** and later adapted into the Oscar-winning 2015 film, with **Christian Bale** starring as Burry.\n\n### **Renewed Bubble Warnings**\n\nAfter years of relative quiet, Burry has re-emerged on X with warnings reminiscent of his pre-2008 commentary. In late October he posted:\n\n> “Sometimes, we see bubbles.”\n\nHis bearish wagers on Nvidia and Palantir have tapped into wider market fears that **AI stocks have become dangerously overvalued**, echoing concerns about the sustainability of the sector’s explosive growth."}