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.
