Michael Burry
Scion Asset ManagementNo longer filing
The investor behind The Big Short, known for contrarian bets. Scion ended its SEC registration in late 2025, so its last 13F is for the third quarter of 2025.
13F portfolio value
Q3 2025
$68.14M
1-year growth
-18.0%
2-year growth
+55.2%
Positions
4
Top 10 share
100.0%
Quarterly turnover
78.9%
Last filed
Nov 3, 2025
Q3 2025: summary
MakklerAI- The portfolio was $68M across 4 positions, up from $56M across 6 a quarter earlier; turnover rose to 78.9% from 7.2%.
- New MOH became the largest holding at $24M, or 35.1% of the portfolio.
- LULU shares doubled to $18M and 26.1%; new SLM and Bruker Corp accounted for 19.5% and 19.3%, respectively.
- The four holdings made up 100.0% of the portfolio; five positions were exited, including EL, BRKR, REGN, MELI and UNH.
Portfolio value (13F)
$43.90MQ3 2023
$94.59MQ4 2023
$103.49MQ1 2024
$52.49MQ2 2024
$83.06MQ3 2024
$77.44MQ4 2024
$13.20MQ1 2025
$56.25MQ2 2025
$68.14MQ3 2025
| Quarter | Value | Positions | New | Added | Trimmed | Sold | Quarterly turnover |
|---|---|---|---|---|---|---|---|
| Q3 2025 | $68.14M | 4 | 3 | 1 | 0 | 5 | 78.9% |
| Q2 2025 | $56.25M | 6 | 5 | 0 | 1 | 0 | 7.2% |
| Q1 2025 | $13.20M | 1 | 0 | 1 | 0 | 12 | 50.0% |
| Q4 2024 | $77.44M | 13 | 8 | 1 | 3 | 3 | 37.0% |
| Q3 2024 | $83.06M | 8 | 0 | 5 | 2 | 2 | 16.1% |
| Q2 2024 | $52.49M | 10 | 5 | 2 | 2 | 11 | 52.8% |
| Q1 2024 | $103.49M | 16 | 5 | 11 | 0 | 14 | 51.7% |
| Q4 2023 | $94.59M | 25 | 18 | 2 | 5 | 4 | 43.3% |
| Q3 2023 | $43.90M | 11 | — | — | — | — | — |
Weight of the largest positions
The latest quarter's 10 largest positions, with their weights in earlier quarters.
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Ask MakklerAI about Michael Burry's portfolio
Explore this quarter's moves and where each position stands against its estimated buy price and Makkler Fair Value. Answers are based on the 13F and today's prices.