Michael Burry added to his JD.com Inc. (NASDAQ:JD) 2029 call options and bought more shares of BYD Co. Ltd. (OTC:BYDFF), according to a Monday Substack post.

Both stocks have been dead money since the Hang Seng Index peaked in 2021, a slump Burry compares to the Great Depression.

Burry says JD holds $24.3 billion in net cash, about 71% of its market cap, leaving its operating business valued at roughly 3x owners’ earnings.

JD is a large position for Burry, while BYD is mid-sized. Burry also added on Friday to his Sprouts Farmers Market Inc. (NASDAQ:SFM) 2028 LEAP calls, struck in the low $100s.

Sprouts Farmers Market and Other Investments

• Sprouts Farmers Market, Inc. (NASDAQ:SFM) is another focus for Burry, who added to his 2028 LEAP calls struck in the low $100s. This move comes after Sprouts reported earnings last Wednesday.
• In a Thursday note, Burry expressed optimism about Build-A-Bear Workshop, Inc. (NYSE:BBW), calling it undervalued at $25 despite challenges like weak sales and tariffs.
• On Wednesday, Burry criticized Anthropic’s IPO filing for masking over $537 billion in compute commitments amid slowing growth.

Read also

• Michael Burry: Today’s Market Mirrors the Eve of the Dot-Com Crash
• Michael Burry Eyes the Exit on Walmart, Alphabet and Valero

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.