Finbold·2025-05-12 15:06Core Viewpoint - The U.S. stock market experienced a significant rally, adding $2 trillion in value, with Alibaba's stock rising 6.52% in the first hour of trading on May 12, 2025 [1]. Group 1: Alibaba's Stock Performance - Alibaba's stock surged by 6.52%, contributing to a $1.2 million increase in Michael Burry's stake over the weekend [4]. - The stock price of Alibaba increased from $125.51 to $133.50, raising Burry's total stake from $18.8 million to $20.02 million [2]. Group 2: Michael Burry's Investment - As of December 31, 2024, Michael Burry held 150,000 shares of Alibaba, valued at $12.7 million at that time [2]. - The latest 13-F filing for Burry's portfolio is over five months old, covering Q4 2024, which raises uncertainty about his current holdings [6][9]. - Burry's potential gains are contingent on whether he maintained his position in Alibaba, as he may have rebalanced his portfolio in Q1 or Q2 2025 [7][9]. Group 3: Market Context - Alibaba's stock has experienced substantial volatility and strong rallies since the beginning of 2025, including a significant increase after the announcement of its Qwen 2.5 AI model [7][8]. - The upcoming 13-F filing, due in mid-May, will not provide a complete picture of Burry's portfolio as it will only reflect holdings as of March 31, 2025 [9].