Said he was glad to be free of his filings. Nine months later, there are none.

The Action

The SEC record agrees with him precisely. Scion's adviser registration shows status Terminated, effective Nov 10, 2025. Its last filing of any kind is a 13F dated Nov 3, 2025. Since then: no 13F, no 13D, no 13G, no Form 3, 4 or 5, nothing.

The Gap

None at all. He said the filings were over and the filings were over. What is missing is not his honesty. It is the paperwork that used to let anyone check him.

The Read

Put this one in the file as the opposite of a gotcha. Burry announced he was done, returned outside money, dropped the registration, and the public record matches his description of it line for line. Nothing here is evasive and nothing here is against the rules.

What changed is what can be known. Burry is more visible now than he was as a fund manager: a near-daily newsletter with a reported 324,000 subscribers, at $39 a month when it launched, where he names tickers, entry prices, option strikes and expiries. He is also, since November, the only source for any of it. He usually gives a price and a portfolio percentage, not a share count or a dollar size, and no filing exists to check the figure against. When he says he shorted Tesla at 416.22, the evidence that he shorted Tesla at 416.22 is that he said so.

There is a technical wrinkle worth knowing even if it never mattered: a 13F only ever showed his long positions anyway. Short stock is not reportable. So the document everyone used to read his mind was already blind to most of what he is doing in 2026, which is short.

For this publication the consequence is blunt. Burry can still supply the first half of a receipt every single week. He cannot supply the second half at all. Until he takes a stake above five percent of some company and has to file a schedule within five business days, his positions live entirely on his own word. We will keep reading him. We will not pretend a newsletter is a filing.