About Michael Burry

**Michael Burry / Scion Asset Management**

Michael Burry serves as the principal of Scion Asset Management, a California-based investment firm widely recognized for its concentrated, high-turnover approach to equity management. As of the Q3 2025 13F filing, Scion reported a total portfolio value of approximately $1.4 billion distributed across just 8 disclosed positions, reflecting a notably narrow breadth of holdings relative to similarly sized institutional managers.

The latest filing shows the portfolio anchored by Palantir Technologies (PLTR), which accounted for 66.0% of total reported value. Nvidia Corporation (NVDA) represented the second-largest position at 13.5%, followed by Pfizer Inc. (PFE) at 11.1%, Halliburton Co. (HAL) at 4.5%, and Molina Healthcare Inc. (MOH) at 1.7%. The top five holdings collectively represented 96.8% of the portfolio. Sector exposure is heavily concentrated in Information Technology, which accounted for 79.5% of disclosed assets, with the remainder distributed across Energy and Healthcare.

Quarter-over-quarter activity recorded in the Q3 2025 filing was substantial in scope. Scion disclosed 6 new positions and exited 9 positions during the period, while reducing 2 existing holdings and recording no outright increases to prior positions. The combination of significant exits alongside new initiations reflects a high portfolio turnover profile. The firm holds zero increased positions from the prior quarter, and the two reduced positions were NVDA and PFE, each trimmed from their prior reported levels.

All data sourced from SEC 13F filings.

Frequently asked questions

What stocks does Michael Burry own?
As of the Q3 2025 13F filing, Michael Burry disclosed 8 positions. The largest holdings include PLTR (66.0%), NVDA (13.5%), PFE (11.1%).
What is Michael Burry's largest holding?
PLTR (PALANTIR TECHNOLOGIES INC), representing 66.0% of the disclosed portfolio.
What sectors is Michael Burry exposed to?
The portfolio's largest sector exposures are Information Technology (79.5%), Health Care (11.1%), Unclassified (8.1%). 4 sectors are represented in total.
How concentrated is Michael Burry's portfolio?
The top 5 holdings represent 96.8% of total portfolio value.
When did Michael Burry last file a 13F?
Michael Burry filed the most recent Form 13F-HR for the period ending 2025-09-30, dated Nov 3, 2025.
What changed in Michael Burry's portfolio last quarter?
Quarter-over-quarter changes: 6 new positions, 9 exits, 0 increased, 2 reduced.

Featured in rankings

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Michael Burry

Scion Asset Management · Contrarian / deep value

Sign in to save13F data may be delayed up to 45 days
Latest filingQ3 2025· filed Nov 3, 2025· report period Sep 30, 2025
View on SEC EDGAR ↗
For educational research only.InvestorLens analyzes public regulatory filings (SEC EDGAR, STOCK Act PTRs) that may be delayed by 45 days or more. Information shown is historical and is not financial, legal, or tax advice, nor a recommendation or solicitation to buy or sell any security. Always do your own research.
Portfolio Value
$1.4B
Holdings
8
Turnover (LTM)
28%
Persistence (QoQ)
2%
First 13F
Q2 2025
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Investor Fingerprint

i

Michael Burry

v1 · 4-axis
97Concentration47Sizing28Turnover2Persistence
LowHigh

Descriptive snapshot computed from this investor's most recent public 13F filing dated 2025-09-30. Educational research, not investment advice.

  • Concentration: 97 (Very High)
  • Sizing: 47 (Above Avg.)
  • Turnover: 28 (Moderate)
  • Persistence: 2 (Low)

Portfolio DNA

Categorical breakdown from this investor's 13F. Hover any row for the formula.

  • Highly Concentrated
    Very High
  • Heavy Top Bets
    High
  • Single-Sector Bet
    Very High
  • Steady Adjuster
    Above Avg.
  • Heavy Rotation
    Moderate
  • AI-Heavy
    Very High

Six descriptive labels derived from public 13F data. Additional axes (Value, Quality, Growth, Dividends) require fundamentals data and ship in v2.

97%
Concentration
Top 5 Holdings · 97%
Highly Concentrated
Investor Style
Thematic Growth

Concentrated in tech and AI themes with active position management.

Fingerprint SummaryAI-generated · educational research only

The portfolio is sharply concentrated, with the top five positions accounting for 96.8% of a total reported value of approximately $1.38 billion spread across only eight holdings. Sector tilt is pronounced at 65.2, with AI and technology exposure registering at 79.5 out of 100. Position persistence is near zero at 2.2%, indicating almost complete turnover of holdings quarter-over-quarter, consistent with the high LTM turnover of 28.2.

AI-generated analysis. This summary is produced by an automated language model from public regulatory filings. It may contain errors, omissions, or outdated information, and is provided for educational research only — not as financial, legal, or tax advice, a recommendation, or a solicitation to buy or sell any security.

Investor Macro Outlook™

Pro

Portfolio-positioning signal · 2025-Q3 · based on public filings

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See the implied macro positioning of every tracked super investor — inflation view, GDP outlook, rate bias, growth vs value tilt, and more. Derived from public 13F filing data. For research purposes only.

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Inferred from public filing data. For informational purposes only. Not financial advice.

Investor Inflation & Dollar Outlook™

Portfolio-positioning signal · based on public 13F filings · not investment advice

ConfidenceModerate (69%)

Inflation

7/100

Falling Inflation Bias
← FallingNeutralRising →

Key moves: HAL

U.S. Dollar

17/100

Strong Dollar Bias
← StrongNeutralWeak →

Key moves: -BABA, -JD

Portfolio allocation is concentrated in defensive and long-duration assets, sectors that have historically performed well in lower-inflation environments. Dollar-sensitive positioning — including exposure to short-duration domestic assets and limited international/commodity allocation — reflects a relative dollar-strength signal from observable holdings. This analysis is based on public 13F filing data and observable portfolio positioning only. It is for informational purposes only and should not be considered investment advice.

This analysis is based on public filings and portfolio positioning. It is for informational purposes only and should not be considered investment advice. Scores represent implied views inferred from observable 13F sector weights and quarter-over-quarter changes only — not predictions or guaranteed forecasts.

Portfolio Analytics™

Based on latest 13F
100
/100
Concentration Score™
Highly Concentrated
Top 5 → 97%
Top 10 → 100%
Largest Position
PLTR
PALANTIR TECHNOLOGIES INC
66.0%of portfolio
$912.1M market value
Conviction Holdings
Positions > 5% of portfolio
3
  • PLTR66.0%
  • NVDA13.5%
  • PFE11.1%

Top 10 Holdings

#Stock% PortfolioCumulative
1
PLTR
PALANTIR TECHNOLOGIES INC
66.0%66.0%
2
NVDA
NVIDIA CORPORATION
13.5%79.5%
3
PFE
PFIZER INC
11.1%90.6%
4
HAL
HALLIBURTON CO
4.5%95.1%
5
MOH
MOLINA HEALTHCARE INC
1.7%96.8%
6
LULU
LULULEMON ATHLETICA INC
1.3%98.1%
7
SLM
SLM CORP
1.0%99.0%
8
BRKR
BRUKER CORP
1.0%100.0%

Sector Allocation

Sectors4
  • Information Technology79.5%
  • Health Care11.1%
  • Unclassified8.1%
  • Consumer Discretionary1.3%
Information Technology79.5%
Health Care11.1%
Unclassified8.1%
Consumer Discretionary1.3%

About

Founder of Scion Asset Management. Best known for his early bet against the U.S. housing market in 2007–2008.

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Top 10 holdings

  • PLTRPALANTIR TECHNOLOGIES INC
    $912.1M66.0%
  • NVDANVIDIA CORPORATION
    $186.6M13.5%
  • PFEPFIZER INC
    $152.9M11.1%
  • HALHALLIBURTON CO
    $61.5M4.5%
  • MOHMOLINA HEALTHCARE INC
    $23.9M1.7%
  • LULULULULEMON ATHLETICA INC
    $17.8M1.3%
  • SLMSLM CORP
    $13.3M1.0%
  • BRKRBRUKER CORP
    $13.1M1.0%

Sector exposure

Sectors4
  • Information Technology79.5%
  • Health Care11.1%
  • Unclassified8.1%
  • Consumer Discretionary1.3%

New positions

6
  • HALHALLIBURTON CO
    New
  • MOHMOLINA HEALTHCARE INC
    New
  • NVDANVIDIA CORPORATION
    New
  • PFEPFIZER INC
    New
  • PLTRPALANTIR TECHNOLOGIES INC
    New
  • SLMSLM CORP
    New
Why this matters
Why a new position matters

Opening a new position can suggest the manager sees value or a thesis worth committing capital to. It does not necessarily mean they are bullish on the broader market — concentrated managers add positions infrequently while quants may rotate constantly.

Educational research only. Not financial advice.

Increased

0

No increased positions.

Reduced

2
  • BRKRBRUKER CORP
    Reduced
  • LULULULULEMON ATHLETICA INC
    Reduced
Why this matters
Why a reduction matters

Trimming a position may suggest portfolio rebalancing, profit-taking, or risk management. It does not necessarily mean the manager has turned bearish on the underlying company.

Educational research only. Not financial advice.

Sold out

9
  • Ticker unavailableCUSIP 518439104LAUDER ESTEE COS INC
    Sold
  • ASMLASML HOLDING N V
    Sold
  • BABAALIBABA GROUP HLDG LTD
    Sold
  • JDJD.COM INC
    Sold
  • MELIMERCADOLIBRE INC
    Sold
  • METAMETA PLATFORMS INC
    Sold
Why this matters
Why a full exit matters

Fully exiting a position can suggest that the manager's thesis has played out, was wrong, or that capital is being redeployed elsewhere. It does not mean the company is broken — exits are often as much about portfolio fit as about the security itself.

Educational research only. Not financial advice.

Current holdings

Reported portfolio value: $1.4B

Reported values come from public SEC filings and may be delayed up to 45 days. Not investment advice.

Sourced from SEC EDGAR public filings

  • PLTRNew
    PALANTIR TECHNOLOGIES INC
    Position value
    $912.1M
    Portfolio %
    66.04%
    Delta Shares
  • NVDANew
    NVIDIA CORPORATION
    Position value
    $186.6M
    Portfolio %
    13.51%
    Delta Shares
  • PFENew
    PFIZER INC
    Position value
    $152.9M
    Portfolio %
    11.07%
    Delta Shares
  • HALNew
    HALLIBURTON CO
    Position value
    $61.5M
    Portfolio %
    4.45%
    Delta Shares
  • MOHNew
    MOLINA HEALTHCARE INC
    Position value
    $23.9M
    Portfolio %
    1.73%
    Delta Shares
  • LULUReduced
    LULULEMON ATHLETICA INC
    Position value
    $17.8M
    Portfolio %
    1.29%
    Delta Shares
    -77.78%
  • SLMNew
    SLM CORP
    Position value
    $13.3M
    Portfolio %
    0.96%
    Delta Shares
  • BRKRReduced
    BRUKER CORP
    Position value
    $13.1M
    Portfolio %
    0.95%
    Delta Shares
    -80.67%
  • Ticker unavailableCUSIP 518439104Sold
    LAUDER ESTEE COS INC
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • ASMLSold
    ASML HOLDING N V
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • BABASold
    ALIBABA GROUP HLDG LTD
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • JDSold
    JD.COM INC
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • MELISold
    MERCADOLIBRE INC
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • METASold
    META PLATFORMS INC
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • REGNSold
    REGENERON PHARMACEUTICALS
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • UNHSold
    UNITEDHEALTH GROUP INC
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%
  • VFCSold
    V F CORP
    Position value
    $0
    Portfolio %
    0.00%
    Delta Shares
    -100.00%

Sector breakdown

  • Information Technology79.5%
  • Health Care11.1%
  • Unclassified8.1%
  • Consumer Discretionary1.3%

Filing history

1 earlier filing available on Pro. Upgrade for full quarter-over-quarter history →