Michael Burry says he has sold his Alibaba holdings, adding that he previously considered the shares “pricey” before making a broader move. In a post on Substack, Burry says he planned to shift most of the position back after a month or two, but that he ultimately did not do so.
The outlets reporting on the update frame it as part of Burry’s ongoing commentary about investments and timing. Yahoo Finance and Fortune both reference the same core remarks: Burry characterizes Alibaba’s valuation as expensive and indicates he has reduced or exited the position rather than returning the shares. Neither article provides additional details such as the amount sold, specific trade dates, or whether the sale is complete beyond Burry’s statement.
Overall, the reporting centers on Burry’s personal disclosure rather than new company information, with the main points consistently focusing on his assessment of price and his decision to sell instead of reversing course after the initial period.