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Gt(e,o.submitSearchBtn,m(m({},Kt),{label:null!==(t=n.i18n.root.SEARCH_TOOLTIP_WEB)&&void 0!==t?t:"Search the web",containerClass:"".concat(jt.tooltip," ").concat(jt.tooltip__web),tooltipParentElm:o.clearSearchBtn.parentElement}))}));var Jt="_yb_tdk4ba",Vt="_yb_hkd17a",$t="_yb_rtzclf",Xt="_yb_tdbhj6",Zt="_yb_de52ef",Qt="_yb_9hwrey",en="_yb_slc8ta",tn="_yb_bf0svp",nn="_yb_hjic9z";be("ybar-mod-adaptivenav",(function(e){var t=document.querySelector("#ybar-l1-more-menu ul"),n={moreDropDown:document.querySelector(".".concat(Jt)),moreBtn:document.querySelector(".".concat(Vt)),wrap:document.querySelector(".".concat(Xt)),moreSectionTitle:document.querySelectorAll(".".concat(Zt)),editionsCtaBtn:document.querySelector(".".concat(Qt)),editionsMenu:document.querySelector(".".concat(en)),closeBtn:document.querySelector(".".concat(tn)),moreMenuDropDownHeight:t?"".concat(t.offsetHeight+48,"px"):"0"};new 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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Aditya RaghunathThu, Aug 21, 2025, 9:34 PM 4 min readMichael Burry, the legendary investor who predicted the 2008 housing crisis and of "The Big Short" fame, has made notable changes to his portfolio that could offer insights for investors concerned about market volatility. His Scion Asset Management initiated new positions in three quality companies during Q2.These selections reflect Burry's apparent focus on established companies with strong fundamentals that can weather economic storms. Notably, Burry's Q2 moves represent a dramatic shift from his previous bearish stance. He swapped $186 million in bearish put options for $522 million in bullish call options, suggesting increased confidence in market stability.Ready to Buy the Dip? 5 Nasdaq-100 Stocks Down 10% or MoreShould You Buy the Dip as Palantir Stock Falls for 7 Straight Days?Is Palantir Stock a Buy Below $140?Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!Here are three stocks Michael Burry added to his portfolio in Q2 of 2025.Burry acquired 20,000 shares of UnitedHealth (UNH), which is the nation's largest health insurer. Despite facing regulatory scrutiny and public criticism over healthcare costs, UnitedHealth's dominant market position and essential services make it a defensive play during economic uncertainty.UNH stock CEO Stephen Hemsley recently implemented sweeping changes across the organization, which include new leadership appointments and intensive monthly business reviews. UnitedHealth is also implementing dramatic repricing for 2026, with Medicare Advantage pricing assuming nearly 10% medical cost trends.This proactive approach, combined with benefit adjustments and network optimization, should restore margins to target ranges by 2027. The company's willingness to exit underperforming markets demonstrates disciplined capital allocation.Despite near-term pressures, OptumHealth's value-based care model continues delivering superior outcomes, with patients experiencing 20% fewer hospitalizations. Mature patient cohorts (2021 and prior) achieve 8%+ margins, proving the model's viability once execution improves.With $16 billion in expected operating cash flows and a 5% dividend increase, UnitedHealth maintains financial strength during this transition. Management expects "solid but moderate" earnings growth in 2026, accelerating in 2027 as reforms take hold.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,466.91 +96.74 (+1.52%)Dow 3045,631.74 +846.24 (+1.89%)Nasdaq21,496.54 +396.22 (+1.88%)Russell 20002,361.95 +87.85 (+3.86%)VIX14.22 -2.38 (-14.34%)Gold3,417.20 +35.60 (+1.05%)PortfolioSign in to access your portfolioSign inTop gainersOPEN Opendoor Technologies Inc. 5.01 +1.41 (+39.17%)UI Ubiquiti Inc. 510.23 +119.66 (+30.64%)MNSO MINISO Group Holding Limited 26.63 +4.46 (+20.12%)RXO RXO, Inc. 16.97 +2.27 (+15.44%)NIO NIO Inc. 6.34 +0.80 (+14.44%)Top losersNEGG Newegg Commerce, Inc. 100.75 -15.03 (-12.98%)BJ BJ's Wholesale Club Holdings, Inc. 97.11 -9.05 (-8.52%)INTU Intuit Inc. 662.66 -35.10 (-5.03%)DUOL Duolingo, Inc. 331.87 -13.65 (-3.95%)CSX CSX Corporation 34.58 -1.29 (-3.60%)Most activeOPEN Opendoor Technologies Inc. 5.01 +1.41 (+39.17%)NIO NIO Inc. 6.34 +0.80 (+14.44%)INTC Intel Corporation 24.80 +1.30 (+5.53%)NVDA NVIDIA Corporation 177.99 +3.01 (+1.72%)LCID Lucid Group, Inc. 2.0300 -0.0600 (-2.87%)Earnings eventsTrending tickersINTC Intel Corporation 24.80 +1.30 (+5.53%)ETH-USD Ethereum USD 4,676.70 +377.06 (+8.77%)OPEN Opendoor Technologies Inc. 5.01 +1.41 (+39.17%)TSLA Tesla, Inc. 340.01 +19.90 (+6.22%)^DJI Dow Jones Industrial Average 45,631.74 +846.24 (+1.89%)Top economic events