Michael Burry – Scion Asset Management Options Positions & Derivatives (Jun 30, 2025)
As of Jun 30, 2025, the Scion Asset Management portfolio disclosed options positions in its latest SEC 13F filing reported on Aug 14, 2025. These filings include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 59 call contracts and 19 put contracts across companies such as ASML (ASML), Alibaba Group Holding Limited (BABA), Estee Lauder Companies, Inc. (T (EL). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Scion Asset Management Options Activity
| Date | Symbol | Option | Quantity |
|---|---|---|---|
| Q2 2025 | ASML ASML | CALL | 25,000 |
| Q2 2025 | BABA Alibaba Group Holding Limited | CALL | 250,000 |
| Q2 2025 | EL Estee Lauder Companies, Inc. (T | CALL | 500,000 |
| Q2 2025 | JD JD.com, Inc. | CALL | 1,000,000 |
| Q2 2025 | LULU lululemon athletica inc. | CALL | 400,000 |
| Q2 2025 | META Meta Platforms, Inc. | CALL | 100,000 |
| Q2 2025 | REGN Regeneron Pharmaceuticals, Inc. | CALL | 200,000 |
| Q2 2025 | UNH UnitedHealth Group Incorporated | CALL | 350,000 |
| Q2 2025 | VFC V.F. Corporation | CALL | 1,500,000 |
| Q1 2025 | BABA Alibaba Group Holding Limited | PUT | 200,000 |
| Q1 2025 | BIDU Baidu, Inc. | PUT | 100,000 |
| Q1 2025 | JD JD.com, Inc. | PUT | 400,000 |
| Q1 2025 | NVDA NVIDIA Corporation | PUT | 900,000 |
| Q1 2025 | PDD PDD Holdings Inc. | PUT | 200,000 |
| Q1 2025 | TCOM Trip.com Group Limited | PUT | 200,000 |
| Q3 2024 | BABA Alibaba Group Holding Limited | PUT | 168,900 |
| Q3 2024 | BIDU Baidu, Inc. | PUT | 83,300 |
| Q3 2023 | BKNG Booking Holdings Inc. Common St | PUT | 2,500 |
| Q3 2023 | SOXX iShares Semiconductor ETF | PUT | 100,000 |
| Q2 2023 | QQQ Invesco QQQ Trust, Series 1 | PUT | 2,000,000 |
| Q2 2023 | SPY SPDR S&P 500 | PUT | 2,000,000 |
| Q1 2022 | AAPL Apple Inc. | PUT | 206,000 |
| Q2 2021 | ARKK ARK Innovation ETF | PUT | 235,500 |
| Q2 2021 | CAH Cardinal Health, Inc. | CALL | 857,700 |
| Q2 2021 | CVS CVS Health Corporation | CALL | 525,300 |
| Q2 2021 | GOOG Alphabet Inc. | CALL | 91,900 |
| Q2 2021 | KHC The Kraft Heinz Company | CALL | 1,424,800 |
| Q2 2021 | MCK McKesson Corporation | CALL | 682,400 |
| Q2 2021 | META Meta Platforms, Inc. | CALL | 941,200 |
| Q2 2021 | TBT ProShares UltraShort Lehman 20 | CALL | 516,100 |