InvestorLens

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.
MB

Michael Burry

Scion Asset Management · Contrarian / deep value

Sign in to save13F data may be delayed up to 45 days
No longer filing 13F reports

Scion Asset Management has not filed a Form 13F since Nov 3, 2025, covering the quarter ended Sep 30, 2025. A filer that stops reporting has typically deregistered, wound down, or fallen below the $100M threshold that triggers the requirement. Everything below is the last portfolio they disclosed — it is a historical record, not current holdings, and the positions may have changed or been sold since.

Last 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)
75%
Persistence (QoQ)
2%
First 13F
Q1 2023
View Full Profile

Investor Fingerprint

i

Michael Burry

v1 · 4-axis
97Concentration47Sizing75Turnover2Persistence
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: 75 (High)
  • 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
  • High Turnover
    Very High
  • 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 characterized by extreme concentration, with the top five holdings representing 96.8% of assets across just eight total positions, paired with very high turnover of 74.6% over the last twelve months and minimal quarter-over-quarter persistence at 2.2%, indicating rapid and decisive portfolio rotation. Sector tilting is pronounced at 65.2 with elevated AI/Tech exposure at 79.5, while the Herfindahl-Hirschman Index-based position sizing score of 46.9 reflects uneven capital allocation across the concentrated holdings.

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.

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Investor Macro Outlook™

i

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

ConfidenceModerate (57%)
Inflationi
Bearish
Dollari
Strong
GDPi
Expanding
Employmenti
Weak
Ratesi
Neutral
Energyi
Bearish
Technologyi
Bullish
Fixed Incomei
Minimal
Growth vs Valuei
Growth tilt
← Pure ValuePure Growth →

Michael Burry's portfolio positioning shows meaningful technology and AI/digital infrastructure exposure. with minimal allocation to inflation-sensitive sectors. The overall sector mix is pro-cyclical, with heavier weight in economically sensitive industries. The portfolio shows a growth-oriented tilt (implied growth score: 100/100).

Macro Trend — last 2 quarters

2025-Q22025-Q3
Inflation
Bearish
Bearish↑
GDP
Contracting
Expanding↑
Rates
Neutral
Neutral→
Energy
Bearish
Bearish↑
Technology
Neutral
Bullish↑
Growth / Value
Growth
Growth→

This analysis is inferred from public filing data and portfolio positioning. It is for informational purposes only and is not financial advice. Scores represent implied macro views based on sector weights and quarter-over-quarter changes in public 13F disclosures — not predictions, buy/sell signals, or guaranteed forecasts.

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%

Portfolio Risk Profile™

High
Structure of disclosed 13F positions — not a prediction of returns
93/100

45% concentration · 35% sector · 20% turnover

Concentration

High
100/100
  • ·Top position PLTR is 66% of the portfolio
  • ·Top 10 holdings account for 100% of value
  • ·8 total positions (HHI 0.469)

Sector exposure

High
81/100
  • ·Information Technology is the largest classified sector at 86.5% of classified value
  • ·Exposure spans 3 sectors (sector HHI 0.76)
  • ·Next largest: Health Care at 12.1%
  • ·8.1% of value is unclassified and excluded from this score

Turnover

High
100/100
  • ·97.1% of portfolio value rotated quarter-over-quarter
  • ·6 new positions, 9 full exits

Largest sector weights

Information Technology 79.5%Health Care 11.1%Unclassified 8.1%Consumer Discretionary 1.3%
AI risk read

The portfolio is highly concentrated in eight positions with the top holding representing 66% of disclosed equity value and the top ten accounting for the entire portfolio. Information Technology comprises 86.5% of sector exposure across three sectors. The portfolio experienced substantial structural rotation with 97.1% quarterly value churn, including six new positions and nine exits.

Derived solely from Michael Burry's public 13F filings, which disclose long US equity positions only — shorts, options hedges, cash, and non-US holdings are not included. Educational research only, not financial advice.

About

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

AI filing intelligenceEducational research only — not financial advice

Scion Asset Management disclosed an entirely new portfolio in Q3 2025, with all eight reported positions being fresh additions — suggesting a complete repositioning from the prior period. The largest new holding by far was Palantir Technologies (PLTR) at approximately $912 million, followed by Nvidia (NVDA) at roughly $187 million, marking notable entries into two of the most prominent AI-linked equities. The remaining positions spanned a range of sectors, including healthcare via Pfizer (PFE) and Molina Healthcare (MOH), energy services through Halliburton (HAL), consumer discretionary via Lululemon (LULU), and smaller stakes in SLM Corp and Bruker Corp. The overall portfolio reflected a broad diversification across industries, with the PLTR position alone accounting for the majority of total disclosed value. Because 13F filings are delayed by up to 45 days, this should not be treated as real-time investment advice. Always do your own research.

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.

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