Michael Burry is Betting Against Cathie Wood’s Fund, Tesla and Selling These 2 Other Stocks

2. iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) PUT

Number of Hedge Fund Holders: N/A  

iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) is placed second on our list of stocks that Michael Burry is betting against and selling. It is an exchange traded fund launched by BlackRock that invests in fixed income markets. It tracks the investment results of  ICE US Treasury 7-10 Year Bond Index and generally invests 90% of assets in bonds of the index. The index measures the performance of public obligations of the US Treasury. iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) has a 3-year price return of close to 14% and a five-year return of over 4.6%. 

According to regulatory filings, Scion Asset Management had PUT options against over 1.9 million iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) shares at the end of June 2021. The shares are valued at $280 million and represent over 13% of the portfolio. 

Out of the hedge funds being tracked by Insider Monkey, Chicago-based firm Citadel Investment Group is a leading shareholder in iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) with 18.9 million shares worth more than $4.3 billion.