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Michael Burry Says He Cut Caterpillar Bearish Exposure by 75%

He also cut his puts on the VanEck Semiconductor ETF by 25%, while keeping Caterpillar among his bearish positions.

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A tracked excavator moves earth at a construction site in Peoria, Illinois. / EconoTimes.ai
A tracked excavator moves earth at a construction site in Peoria, Illinois. / EconoTimes.ai

Michael Burry said he reduced his bearish exposure to Caterpillar by 75%. He also cut his puts on the VanEck Semiconductor ETF by 25%, while keeping Caterpillar among his bearish positions.

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