"The Big Short" Michael Burry: He has almost emptied his stock holdings, and has established bearish bets on Nvidia and several Chinese stocks in Q1.

The 13F report shows that "The Big Short" Michael Burry's hedge fund Scion nearly cleared out all of its stock holdings by the end of the first quarter, keeping only a small portion of long positions in cosmetics giant Estee Lauder, and betting on the decline of Nvidia and Chinese stocks through the options market. In the portfolio, the puts on Nvidia became the largest holding, with a volume of 900,000 shares, worth approximately $97.542 million; while the puts on Alibaba became the second largest holding, with a volume of 200,000 shares, worth approximately $26.446 million. This change reflects Burry's decision to adjust his investment portfolio in the face of increased market uncertainty. However, Nvidia fell by 26.87% in the first quarter, while Alibaba rose by 55%.