Michael BurryScion Asset Management Portfolio Activity & Recent Trades (Sep 30, 2025)


As of Sep 30, 2025, the Scion Asset Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 03, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.


During Q3 2025, the filing reported:


New BuysMolina Healthcare Inc (MOH), SLM Corporation (SLM)
Increaseslululemon athletica inc. (LULU)
Reductions
None reported
Complete ExitsBruker Corporation (BRKR), Estee Lauder Companies, Inc. (T (EL), MercadoLibre, Inc. (MELI), Regeneron Pharmaceuticals, Inc. (REGN), UnitedHealth Group Incorporated (UNH)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

DateSymbolTypeChange Qty
Q3 2025
BRKR
Bruker Corporation
Sell - Position Exit
-250,000
Q3 2025
EL
Estee Lauder Companies, Inc. (T
Sell - Position Exit
-150,000
Q3 2025
LULU
lululemon athletica inc.
Buy
+50,000
Q3 2025
MELI
MercadoLibre, Inc.
Sell - Position Exit
-3,000
Q3 2025
MOH
Molina Healthcare Inc
Buy - Position Entry
+125,000
Q3 2025
REGN
Regeneron Pharmaceuticals, Inc.
Sell - Position Exit
-15,000
Q3 2025
SLM
SLM Corporation
Buy - Position Entry
+480,054
Q3 2025
UNH
UnitedHealth Group Incorporated
Sell - Position Exit
-20,000
Q2 2025
BRKR
Bruker Corporation
Buy - Position Entry
+250,000
Q2 2025
EL
Estee Lauder Companies, Inc. (T
Sell
-50,000
Q2 2025
LULU
lululemon athletica inc.
Buy - Position Entry
+50,000
Q2 2025
MELI
MercadoLibre, Inc.
Buy - Position Entry
+3,000
Q2 2025
REGN
Regeneron Pharmaceuticals, Inc.
Buy - Position Entry
+15,000
Q2 2025
UNH
UnitedHealth Group Incorporated
Buy - Position Entry
+20,000
Q1 2025
55939A107
Magnera
Sell - Position Exit
-200,000
Q1 2025
ACIC
American Coastal Insurance Corp
Sell - Position Exit
-146,100
Q1 2025
BABA
Alibaba Group Holding Limited
Sell - Position Exit
-150,000
Q1 2025
BIDU
Baidu, Inc.
Sell - Position Exit
-125,000
Q1 2025
BRKR
Bruker Corporation
Sell - Position Exit
-75,000
Q1 2025
EL
Estee Lauder Companies, Inc. (T
Buy
+100,000
Q1 2025
GOOS
Canada Goose Holdings Inc. Subo
Sell - Position Exit
-24,838
Q1 2025
HCA
HCA Healthcare, Inc.
Sell - Position Exit
-15,000
Q1 2025
JD
JD.com, Inc.
Sell - Position Exit
-300,000
Q1 2025
MOH
Molina Healthcare Inc
Sell - Position Exit
-25,000
Q1 2025
OSCR
Oscar Health, Inc.
Sell - Position Exit
-200,000
Q1 2025
PDD
PDD Holdings Inc.
Sell - Position Exit
-75,000
Q1 2025
VFC
V.F. Corporation
Sell - Position Exit
-200,000
Q4 2024
55939A107
Magnera
Buy - Position Entry
+200,000
Q4 2024
ACIC
American Coastal Insurance Corp
Buy
+46,100
Q4 2024
BABA
Alibaba Group Holding Limited
Sell
-50,000