Michael Burry sold all but one of his stocks last quarter - excluding his Apple puts

Michael Burry of "The Big Short" sold virtually all of his US stocks last quarter.
Burry's Scion Asset Management only held a $3.3 million stake in Geo Group, a new filing shows.
$ScION Tech Growth I (SCOA.US)$ Scion owned $165 million of stocks at the end of March, excluding its $Apple (AAPL.US)$ put options.
Close followers of Burry are likely to interpret his decision to effectively liquidate his portfolio as a bad omen. The hedge fund manager diagnosed the "greatest speculative bubble of all time in all things" last summer, and warned owners of meme stocks and cryptocurrencies that they were careening towards the "mother of all crashes."
More recently, he has cautioned investors not to get too excited about the recent rally in stocks, as previous downturns have seen lots of temporary rebounds before finding a bottom. He also warned the "silliness" in markets during the height of the pandemic has returned, and tweeted over the weekend that he "can't shake that silly pre-Enron, pre-9/11, pre-WorldCom feeling - referring to the euphoria that preceded the dot-com crash.