Michael Burry Joins Warren Buffett Going Long On UnitedHealth Stock

Benzinga

Michael Burry’s Scion Asset Management disclosed a bullish bet on UnitedHealth Group, according to Thursday’s 13F filing. The “Big Short” investor bought call options tied to 350,000 shares, alongside about $6 million in common stock. The move follows Berkshire Hathaway’s recent stake in the health care company. UnitedHealth shares are near five-year lows, down 57.4% from a 52-week high of $630.73. Burry’s position suggests optimism for a rebound as Medicare Advantage rates for 2026 exceeded expectations and competitive positioning remains strong despite recent challenges. This marks a shift from Burry’s typically bearish stance.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Michael Burry's sign-asset management has closed a bullish bet on UnitedHealth Group,

00:06according to Thursday's 13F filing.

00:08The big short investor bought call options tied to 350,000 shares,

00:11alongside about $6 million in common stock.

00:14Who follows Berkshire Hathaway's recent stake in a healthcare company?

00:17UnitedHealth's shares are near five-year lows,

00:19down 57.4%, from a 52-week high of $630.73.

00:24Burry's position suggests optimism for a rebound as Medicare Advantage rates for 2026

00:29exceeded expectations, and competitive positioning remains strong despite recent challenges.

00:34This marks a shift from Burry's typically bearish stance.

00:36For all things money, visit Benzinga.com.

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