Michael Burry Says Lululemon Is His Largest Stock Position, Plans Aggressive Buying Below $100
Michael Burry, the investor known for his role in the “Big Short,” says Lululemon is now his largest stock position and that he plans to “AGGRESSIVELY BUY” the shares if they remain below $100.
Coin Bureau reported the latest development in a post on X, noting that Burry continues to hold Lululemon shares and intends to increase his position while the stock trades below the $100 threshold.
Lululemon Shares Fall Below $100
The comments come after Lululemon shares plunged below $100, marking the first time the stock has traded under that level since 2018.
That decline has made Burry’s stated conviction in the athletic apparel company particularly notable. According to Coin Bureau, the investor is maintaining his existing Lululemon position while preparing to add more shares if the price stays below $100.
Burry’s stated buying level represents a specific threshold for his investment strategy. Rather than indicating that he intends to sell or reduce his exposure following the sharp decline, the source says he plans to increase his holdings below that price.
Burry Maintains Bullish Position
Burry became widely known after betting against the U.S. housing market ahead of the 2008 financial crisis, a trade later portrayed in the film “The Big Short.” His investment decisions have continued to draw attention because of his willingness to take concentrated positions and make contrarian calls.
In the latest update, however, the focus is on his existing exposure to Lululemon. Coin Bureau says the stock has become Burry’s largest position, while his stated intention to buy aggressively below $100 sets out the price level at which he would seek to increase that exposure.
The information does not establish how many additional shares Burry intends to purchase or how long he would maintain the position. It does, however, identify $100 as the key level in his reported strategy.
With Lululemon now trading below $100 for the first time since 2018, the stock's ability to remain above or below that threshold will determine whether Burry follows through on his stated plan to add to his position.
Writer: Marcus RenfieldCrypto Market Analyst & Onchain WriterMarcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.