Though famous for a legendary short bet against the housing market in 2008, Michael Burry recently found himself in the headlines for taking a set of long stock positions.
Specifically, the ‘Big Short’ investor revealed he is wagering that the software sector found its bottom after suffering a series of dramatic drops earlier in 2026 as the emergence of artificial intelligence (AI) agents turned investors fearful about the industry’s future.
On Monday, April 13, the famous trader revealed he had taken two roughly equal positions in Adobe (NASDAQ: ADBE) and Autodesk (NASDAQ: ADSK), and a slightly larger one in Veeva (NYSE: VEEV).
By Friday, April 17, Burry also unveiled investments in PayPal (NASDAQ: PYPL), Salesforce (NYSE: CRM), and MSCI (NYSE: MSCI).
How Michael Burry’s latest three investments are doing in 2026
To begin with, PayPal shares suffered a steep fall in early February, crashing approximately 20% within a single session, and are, overall, 14.35% down year-to-date (YTD) at their April 17 press time price of $50.
Notably, PYPL stock started rallying several days before Michael Burry disclosed his investment and is up 10% since the upswing started on April 10.
The situation is similar for MSCI equity, though its overall YTD decline is significantly smaller at 0.83%. Additionally, the stock has been trading with more volatility since suffering the large drop in February. For example, after rallying 6.41% between March 30 and April 8, it soon crashed once more and only regained upward motion in earnest on April 14.
Lastly, Salesforce evaded most of the rapid, dramatic crashes since 2026 started, though the equity is, by press time on April 17, 30.39% in the red YTD.
Additionally, much like the other two latest Michael Burry investments, it regained momentum around April 10 and is, with its Friday pre-market price of $184.42, up nearly 10% within the timeframe.
Michael Burry’s initial software stock bet soars up to 10% in a week
Elsewhere, examining the previous three software stocks the ‘Big Short’ investor purchased, the bet that software shares will rally appears to be paying off.
Indeed, ADBE is up 7.33% to $248.16 since Monday, April 13, and ADSK rallied 10.29% to $244.14 within the same timeframe.
The biggest position unveiled at the start of the week, Veeva stock, rose 9.04% to $167.95.
Featured image via Shutterstock
