Hedge fund, long-only 13F filer
Scion Asset Management
US long stock positions, not assets under management; options add 1.3B USD at notional
Form 13F-HR, filed 3 November 2025
Scion Asset Management has stopped filing, or filed late: its most recent 13F in our EDGAR ingest was filed 3 November 2025, covering the quarter ended 30 September 2025 — 4 reporting quarters behind the newest filing among managers we track. Everything below is that last filing, not a current portfolio.
How has Scion Asset Management's portfolio moved against the S&P 500?
Scion Asset Management's latest 13F filing covers the quarter ended 30 September 2025 and was filed 3 November 2025 (34 days after quarter end): 8 disclosed US-listed positions — 68.1M USD in long stock plus 1.3B USD in options at notional value. Seven new buys, one add and fourteen exits against the prior quarter. Holdings are up to 45 days old by the time they clear EDGAR.
Since Dec 2024Scion Asset Management -12%
The line rebuilds Scion Asset Management's disclosed 13F holdings at each filing and holds them to the next. Long US equity only — an illustrative read, not an audited return.
Since Sept 2024Scion Asset Management -18%
The line rebuilds Scion Asset Management's disclosed 13F holdings at each filing and holds them to the next. Long US equity only — an illustrative read, not an audited return.
- Long stock value
- 68.1M USD
- Positions
- 8
- Top holding
- PLTR, 66.0%
- Top sector
- Healthcare 2%
- New buys, Q3 2025
- 7
- Exits, Q3 2025
- 14
Values as reported, as of Q3 2025
Top holdings — quarter ended 30 September 2025
8 US-listed positions were disclosed for the quarter ended 30 September 2025; the 8 largest by reported value are below.
Source: SEC EDGAR Form 13F-HR, as filed.
| Position | Value | Weight | Shares | Last quarter |
|---|---|---|---|---|
| PLTRPALANTIR TECHNOLOGIES INC, put option | 912.1M USD | 66.0% | 5.0M | New buy |
| NVDANVIDIA CORPORATION, put option | 186.6M USD | 13.5% | 1.0M | New buy |
| PFEPFIZER INC, call option | 152.9M USD | 11.1% | 6.0M | New buy |
| HALHALLIBURTON CO, call option | 61.5M USD | 4.5% | 2.5M | New buy |
| MOHMOLINA HEALTHCARE INC | 23.9M USD | 1.7% | 125.0K | New buy |
| LULULULULEMON ATHLETICA INC | 17.8M USD | 1.3% | 100.0K | Added |
| SLMSLM CORP | 13.3M USD | 1.0% | 480.1K | New buy |
| BRKRPBRUKER CORP | 13.1M USD | 1.0% | 48.3K | New buy |
Quarterly changes — quarter ended 30 September 2025
22 changes vs the prior quarter's filing, as of 30 September 2025: 7 new, 1 added, 0 trimmed and 14 sold out.
What changed against the previous quarter's filing: new positions first, then adds, trims and exits, each sorted by position size.
New buys 7Adds 1Trims 0Exits 14
| Position | Change | Shares moved | Value after |
|---|---|---|---|
| PLTRPALANTIR TECHNOLOGIES INC, put option | New buy | +5.0M | 912.1M USD |
| NVDANVIDIA CORPORATION, put option | New buy | +1.0M | 186.6M USD |
| PFEPFIZER INC, call option | New buy | +6.0M | 152.9M USD |
| HALHALLIBURTON CO, call option | New buy | +2.5M | 61.5M USD |
| MOHMOLINA HEALTHCARE INC | New buy | +125.0K | 23.9M USD |
| SLMSLM CORP | New buy | +480.1K | 13.3M USD |
| BRKRPBRUKER CORP | New buy | +48.3K | 13.1M USD |
| LULULULULEMON ATHLETICA INC | Added | +50.0K | 17.8M USD |
| UNHUNITEDHEALTH GROUP INC, call option | Sold out | −350.0K | was 109.2M USD |
| REGNREGENERON PHARMACEUTICALS, call option | Sold out | −200.0K | was 105.0M USD |
| LULULULULEMON ATHLETICA INC, call option | Sold out | −400.0K | was 95.0M USD |
| METAMETA PLATFORMS INC, call option | Sold out | −100.0K | was 73.8M USD |
| ELLAUDER ESTEE COS INC, call option | Sold out | −500.0K | was 40.4M USD |
| JDJD.COM INC, call option | Sold out | −1.0M | was 32.6M USD |
| BABAALIBABA GROUP HLDG LTD, call option | Sold out | −250.0K | was 28.4M USD |
| ASMLASML HOLDING N V, call option | Sold out | −25.0K | was 20.0M USD |
| VFCV F CORP, call option | Sold out | −1.5M | was 17.6M USD |
| ELLAUDER ESTEE COS INC | Sold out | −150.0K | was 12.1M USD |
| BRKRBRUKER CORP | Sold out | −250.0K | was 10.3M USD |
| REGNREGENERON PHARMACEUTICALS | Sold out | −15.0K | was 7.9M USD |
| MELIMERCADOLIBRE INC | Sold out | −3.0K | was 7.8M USD |
| UNHUNITEDHEALTH GROUP INC | Sold out | −20.0K | was 6.2M USD |
Rows sharing a company name are separate securities of the same issuer — different share classes or option positions, as filed.
Sector allocation
Other / unclassified carries the largest share of disclosed value, at 96%.
Weights are by reported value of the quarter-end holdings; sectors from the reference list, unclassified where none matched.
| Sector | Weight | Holdings |
|---|---|---|
| Other / unclassified | 96% | BRKRP, HAL, NVDA, PFE, PLTR |
| Healthcare | 2% | MOH |
| Consumer Cyclical | 1% | LULU |
| Financial Services | 1% | SLM |
Scion Asset Management: frequently asked questions
What is Scion Asset Management's biggest holding?
As of the quarter ended 30 September 2025, the largest disclosed position was a Put on PLTR (PALANTIR TECHNOLOGIES INC), about 66.0% of the disclosed US-listed portfolio by reported value. That is an options position, not common shares — the largest share holding was MOH.
What did Michael Burry's Scion Asset Management buy in Q3 2025?
7 new positions were disclosed for the quarter ended 30 September 2025; the largest were a Put on PLTR, a Put on NVDA, a Call on PFE. Adds and trims are listed in the quarterly-changes table on this page.
How concentrated is the portfolio?
Very concentrated. The top five positions are 97% of disclosed value and the top ten are 100%.
When is Scion Asset Management's next 13F due?
13F filings for the quarter ended 30 September 2026 are due by 16 November 2026 — managers have 45 days after each calendar quarter ends. Whether Scion Asset Management files is up to the manager; we show whatever EDGAR receives.
Does this show the whole portfolio?
No. Form 13F covers US-listed long equity and some options only — no short bets, bonds, cash, private businesses, non-US holdings or timing inside the quarter. Amended filings replace originals; this page always shows the latest canonical version.
Read the form itself on SEC EDGAR or see our plain-words guide to 13F filings — Scion Asset Management may have already changed these positions since 30 September 2025.
References
- SEC EDGAR Form 13F-HR, quarterly, up to 45 days delayed. Filings are public records. Ticker mapping via SEC public files and OpenFIGI.