← 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

⏳ No 13F filed since Q3 '25 — this manager may have wound down, deregistered, or now files under a different entity. Holdings shown are historical.

About Michael Burry

Michael James Burry (born 1971) is an American investor, physician, and founder of Scion Asset Management. He rose to fame for predicting and profiting from the subprime mortgage crisis of 2007-2008, as depicted in Michael Lewis's book 'The Big Short' and the subsequent film.

Investment Philosophy

Deep value investing with a contrarian, research-intensive approach. Known for identifying and betting against market bubbles. Conducts extremely thorough fundamental analysis, often reading SEC filings line by line. Willing to take large, concentrated positions against consensus.

Notable Facts

  • •Predicted and profited from the 2008 subprime mortgage crisis
  • •Portrayed by Christian Bale in 'The Big Short' (2015)
  • •Trained as a physician before becoming a full-time investor
  • •Known for provocative social media posts about market bubbles
📈

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
SLMNEW
1.0% of portfolio
New position
BRKRPNEW
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
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
SOLDASMLASML HOLDING N Vwas 3.46%@$801.39

📊 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
—📄
SLMNEW
1.0%
1.0% of portfolio (new position)
Filed ~$28
—📄
BRKRPNEW
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
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
SOLDASMLASML HOLDING N Vwas 3.46%@$801.3925000 shares · $20.0M