Michael Burry is still managing his own money and is active in markets.

True: evidence from around 19 November 2025 shows that Burry was still managing his own (personal or family) money and actively trading or investing, even after Scion Asset Management deregistered or closed to outside capital. Examples: his own disclosures of positions, filings, or credible reporting of his trades around that date. Mostly true: he was active in markets but the evidence covers only a slightly earlier or later period, or the money involved was a related entity he controlled rather than strictly his own. Mixed: the evidence is conflicting. Mostly false: he had largely wound down activity, with only nominal holdings. False: credible evidence shows he had stopped managing money or trading as of that date.

Set before the research began.

1. E1 Burry still active in markets after Scion de-registration Hedgeweek · 19 November 2025

   “He stressed that Scion Asset Management is not shutting down, but will no longer operate as a registered investment adviser or run external capital. “I am still running my money and active in markets,” he said, adding that the move frees him from regulatory filings that often fuel intense scrutiny of his trades.”

2. E2 Burry still active in markets after Scion de-registration Hedgeweek · 19 November 2025

   “Michael Burry, the investor made famous by The Big Short, says he continues to trade actively despite deregistering his hedge fund firm, Scion Asset Management, with the SEC earlier this month, according to a report by Bloomberg.”

3. E3 Burry still active in markets after Scion de-registration Hedgeweek · 19 November 2025

   “Those disclosures had recently revealed short positions on Nvidia and Palantir, along with call options in Halliburton and Pfizer.”

4. E4 'Big Short' investor Michael Burry has broken his silence. Here's what he's revealed in 7 weeks of speaking freely. Yahoo Finance (Business Insider content) · 17 December 2025

   “He has now closed his hedge fund to outside cash, and shifted his focus to writing about his personal investments and sharing his financial analyses on Substack.”

E1 and E2 are a trade-press report from the claim date. It relays Burry's own statement that he is still running his money and trading actively after Scion deregistered and stopped running outside capital, so it is mainly a restatement of his claim. E3 adds that recent regulatory disclosures had shown short positions in Nvidia and Palantir and call options in Halliburton and Pfizer, which points to active trading in the period just before the claim date. E4, an independent report from December 2025, says he had turned to writing about his personal investments on Substack, which fits with him still managing his own money. The activity is shown independently only for periods slightly before and after the claim date, not on the date itself, so the verdict is mostly true.