Benzinga·2025-11-18 06:31Core Insights - Michael Burry has reaffirmed his bullish position on Molina Healthcare Inc. (MOH) and a bearish stance on Palantir Technologies Inc. (PLTR) shortly after deregistering his hedge fund, Scion Asset Management [1][5]. Group 1: Investment Positions - Burry's strategy includes a long position in MOH and a long put option on PLTR, likening the combination to "peanut butter and bananas" [2]. - The third-quarter report revealed a new position of 125,000 shares in Molina Healthcare [2]. - A significant bearish put option on Palantir was disclosed, initially reported at a notional value of $912 million, later clarified to be $9.2 million [3]. Group 2: Market Analysis - Burry shared a chart indicating that the current investment spike, particularly in AI, surpasses previous peaks during the Dot-Com and Housing bubbles [4]. - The chart analyzed the ratio of Net Capital Expenditure to Nominal U.S. GDP, suggesting that this ratio is at its highest during market bubbles [3]. Group 3: Fund Deregistration - By deregistering Scion Asset Management, Burry is no longer obligated to publicly disclose his holdings, indicating a shift towards managing his wealth privately [4]. - Despite this change, Burry continues to publicly express his investment thesis, maintaining a bullish outlook on healthcare and a bearish view on AI-driven valuations [5].