# Michael Burry Cuts 75% of His Caterpillar Bearish Position By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/53716 Published: 2026-11-11T08:46:24.000Z Updated: 2026-11-11T08:46:24.000Z Section: Investing > The put options tied to the equipment maker had roughly quadrupled in value. Michael Burry said he reduced his bearish position in Caterpillar Inc. (CAT) by 75% after put options on the equipment maker roughly quadrupled in value. Caterpillar was among the other bearish positions Burry kept when he made [a 25% cut to his VanEck Semiconductor ETF puts](). ## Links in this article - [a 25% cut to his VanEck Semiconductor ETF puts](https://www.tokenpost.com/news/investing/50717)