Michael Burry buys Zoetis (ZTS), sells Salesforce (CRM) and Autodesk (ADSK) positions

Michael Burry's strategic shift to buy Zoetis while selling positions in Salesforce and Autodesk indicates a belief in the pharmaceuticals sector over software, possibly reflecting a change in growth expectations.

Newsquawk StaffPublished 7 May 2026, 16:36 UTCOn the live feed at 16:16 UTC — 3 more headlines followed before this page went public

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16:31

Maersk (MAERSKB DC) tells CNN the increased cost of disruption to global shipping would need to be passed on to customers; expects expenses to increase by half a billion dollars a month from April

16:21

Iran Lawmkaer Naboyan says despite the presence of the JCPOA members, there is no hope for a favorable agreement

16:16

Michael Burry buys Zoetis (ZTS), sells Salesforce (CRM) and Autodesk (ADSK) positions

16:05

The US Treasury Dept. has demanded Binance comply with a monitoring program US regulators imposed on the crypto exchange in 2023, when it pleaded guilty to charges related to sanctions and anti–money-laundering violations, via The Information

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Shell (SHEL LN) CEO says there is real possibility that we see continued bullishness on overall energy prices for next 6-12 months

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Context

This move could also suggest Burry's view on the relative valuations and potential recovery in healthcare versus the tech sector's challenges, which might prompt other investors to reassess their own portfolios.

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