Scion Asset Management, LLC

Institutional manager·Michael Burry·CIK 0001649339
Latest Qtr return
+21.3%
SPY latest qtr
+17.5%
Alpha
+3.7ptsvs SPY
Invested
$68.1M
Holdings
4
Trades YTD
0

Performance · Fund vs SPY

Cumulative return · quarterly snapshots
-30%+0%+175%Scion -25.6%SPY +174.1%Q1 '24Q2 '24Q3 '24Q4 '24

Coverage 97%. 4 quarters of 2024 measured against SPY adj-close benchmark.

EDITORIAL BRIEF · refreshed Jul 2, 2026

Why follow Scion Asset Management, LLC right now?

Scion Asset Management's Q1 2026 13F (period ending 2025-09-30) reports $68M across just four positions, a concentrated structure consistent with the firm's historical approach. Molina Healthcare leads at 35.1% (125,000 shares), followed by Lululemon Athletica at 26.1% (100,000 shares — a 100% increase from the prior quarter), SLM Corp at 19.5% (480,054 shares), and Bruker Corp at 19.3% (48,334 shares).

The portfolio returned +21.3% in Q3 2025 against SPY's +17.5%, a +3.7% alpha. That follows three consecutive quarters of significant underperformance: -27.2%, -39.9%, and -56.6% alpha in Q2 2025, Q1 2025, and Q4 2024 respectively. Past performance is not indicative of future results.

Generated from public SEC filings. Not investment advice.…

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Top holdings · current snapshot

Source: 13F-HR
See all 4 holdings · Pro →

Recent trades · Last 90 days

No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.

Convergence · Scion Asset Management, LLC

Pattern cards reflect public SEC EDGAR and Congressional filing data only. Detection uses filing dates; trade execution dates may differ. Past convergence patterns do not predict future returns. Nothing here is investment advice.

Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-09-30 · Last refreshed 11:08 UTC.