← All Managers

Michael Burry

Scion Asset Management

The Big Short investor

📍 Saratoga, CAEst. 2000💰 ~$300M AUM

$1.38B

Portfolio Value

8

Holdings

Q3 '25

Period

2025-11-03

Filed

📈

Simulated 13F Return

⚠️ Approximation

Total Return

+29.24%

Q4 '24 → Q3 '25

Annualized

+40.94%/yr

S&P: +18.77%/yr

Alpha (vs S&P)

+15.52%

3 quarters tracked

1-Year Return

—

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

PLTRNEW
66.0% of portfolio
New position
NVDANEW
13.5% of portfolio
New position
PFENEW
11.1% of portfolio
New position
HALNEW
4.5% of portfolio
New position
MOHNEW
1.7% of portfolio
New position
LULUREDUCED
1.3% of portfolio
+100% shares-0.8pp
SLMBPNEW
1.0% of portfolio
New position
BRKRNEW
1.0% of portfolio
New position
UNHSOLD
was 18.9%
Sold out position
Filing price: $311.97
REGNSOLD
was 18.2%
Sold out position
Filing price: $525.00
LULUSOLD
was 16.4%
Sold out position
Filing price: $237.58
METASOLD
was 12.8%
Sold out position
Filing price: $738.09
ELSOLD
was 7.0%
Sold out position
Filing price: $80.80
JDSOLD
was 5.6%
Sold out position
Filing price: $32.64
BABASOLD
was 4.9%
Sold out position
Filing price: $113.41
ASMLSOLD
was 3.5%
Sold out position
Filing price: $801.39
VFCSOLD
was 3.0%
Sold out position
Filing price: $11.75
ELSOLD
was 2.1%
Sold out position
Filing price: $80.80
BRKRSOLD
was 1.8%
Sold out position
Filing price: $41.20
REGNSOLD
was 1.4%
Sold out position
Filing price: $525.00
MELISOLD
was 1.4%
Sold out position
Filing price: $2613.63
UNHSOLD
was 1.1%
Sold out position
Filing price: $311.97

Sold Out (14)

SOLDBABAALIBABA GROUP HLDG LTDwas 4.90%@$113.41
SOLDJDJD.COM INCwas 5.64%@$32.64
SOLDBRKRBruker Corpwas 1.78%@$41.20
SOLDMETAMETA PLATFORMS INCwas 12.76%@$738.09
SOLDLULULULULEMON ATHLETICA INCwas 16.43%@$237.58
SOLDMELIMERCADOLIBRE INCwas 1.36%@$2613.63
SOLDUNHUNITEDHEALTH GROUP INCwas 18.88%@$311.97
SOLDUNHUNITEDHEALTH GROUP INCwas 1.08%@$311.97
SOLDASMLASML HOLDING N Vwas 3.46%@$801.39
SOLDELLAUDER ESTEE COS INCwas 6.99%@$80.80
SOLDELLAUDER ESTEE COS INCwas 2.10%@$80.80
SOLDVFCV F CORPwas 3.05%@$11.75
SOLDREGNREGENERON PHARMACEUTICALSwas 18.16%@$525.00
SOLDREGNREGENERON PHARMACEUTICALSwas 1.36%@$525.00

📊 Sector Breakdown

Portfolio allocation by sector

Technology 79.5%Healthcare 11.1%Energy 4.5%Unknown 3.6%Consumer Discretionary 1.3%

💼 Holdings

🔍

8 of 8 positions · $1.38B

This quarter: 7 new positions, reduced 1, sold 14. Net seller.

PLTRPUTNEW
66.0%
66.0% of portfolio (new position)
Filed ~$182
—📄
NVDAPUTNEW
13.5%
13.5% of portfolio (new position)
Filed ~$187
—📄
PFECALLNEW
11.1%
11.1% of portfolio (new position)
Filed ~$25
—📄
HALCALLNEW
4.5%
4.5% of portfolio (new position)
Filed ~$25
—📄
MOHNEW
1.7%
1.7% of portfolio (new position)
Filed ~$191
—📄
LULUREDUCED
1.3%
1.3% of portfolio (was 2.1%, trimmed)
Filed ~$178
—📄
SLMBPNEW
1.0%
1.0% of portfolio (new position)
Filed ~$28
—📄
BRKRNEW
1.0%
1.0% of portfolio (new position)
Filed ~$272
—📄

🚫 Sold Out (14 positions)

SOLDBABAALIBABA GROUP HLDG LTDwas 4.90%@$113.41250000 shares · $28.4M
SOLDJDJD.COM INCwas 5.64%@$32.641000000 shares · $32.6M
SOLDBRKRBruker Corpwas 1.78%@$41.20250000 shares · $10.3M
SOLDMETAMETA PLATFORMS INCwas 12.76%@$738.09100000 shares · $73.8M
SOLDLULULULULEMON ATHLETICA INCwas 16.43%@$237.58400000 shares · $95.0M
SOLDMELIMERCADOLIBRE INCwas 1.36%@$2613.633000 shares · $7.8M
SOLDUNHUNITEDHEALTH GROUP INCwas 18.88%@$311.97350000 shares · $109.2M
SOLDUNHUNITEDHEALTH GROUP INCwas 1.08%@$311.9720000 shares · $6.2M
SOLDASMLASML HOLDING N Vwas 3.46%@$801.3925000 shares · $20.0M
SOLDELLAUDER ESTEE COS INCwas 6.99%@$80.80500000 shares · $40.4M
SOLDELLAUDER ESTEE COS INCwas 2.10%@$80.80150000 shares · $12.1M
SOLDVFCV F CORPwas 3.05%@$11.751500000 shares · $17.6M
SOLDREGNREGENERON PHARMACEUTICALSwas 18.16%@$525.00200000 shares · $105.0M
SOLDREGNREGENERON PHARMACEUTICALSwas 1.36%@$525.0015000 shares · $7.9M