We are live on !
Find out more
Michael Burry Scion Asset Management
AUM
$1.38B
Turnover
95.45%
1-Year Est. Return
43.96%
Michael Burry is most famous for predicting the 2008 subprime mortgage crisis and profiting from it by taking a short position against mortgage-backed securities. He founded the hedge fund Scion Capital in 2000, which he ran until 2008, generating impressive returns for investors. Burry’s investment style centers on deep fundamental analysis, focusing on undervalued or overvalued companies and assets.
This Fund
S&P 500
This Quarter Est. Return
+4.39%
1 Year Est. Return
-43.96%
3 Year Est. Return
-1.91%
5 Year Est. Return
+86.43%
10 Year Est. Return
–
AUM
$1.74B
AUM Growth
+$1.63B
(+1,524%)
Cap. Flow
-$1.16M
Cap. Flow % of AUM
Cap. Flow %
-0.07%
Top 10 Holdings %
Top 10 Hldgs %
97.09%
Holding
48
New
27
Increased
3
Reduced
3
Closed
15
Avg Time Held
Equity + Options
0.1
years
Top 10 Avg Time Held
Equity + Options
0
years
Top 20 Avg Time Held
Equity + Options
0.1
years
Avg Time Held Equity only
0.1
years
Top 10 Avg Time Held Equity only
0.1
years
Top 20 Avg Time Held Equity only
0.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Expedia Group
EXPE
|
+$9.8M |
| 2 |
Charter Communications
CHTR
|
+$8.53M |
| 3 |
CVS Health
CVS
|
+$7.12M |
| 4 |
MGM Resorts International
MGM
|
+$6.41M |
| 5 |
Generac Holdings
GNRC
|
+$6.27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JD.com
JD
|
+$11M |
| 2 |
Alibaba
BABA
|
+$10.2M |
| 3 |
Zoom
ZM
|
+$7.38M |
| 4 |
Capital One
COF
|
+$7.21M |
| 5 |
Sibanye-Stillwater
SBSW
|
+$6.66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.74% |
| 2 | Consumer Discretionary | 2.04% |
| 3 | Communication Services | 1.29% |
| 4 | Industrials | 1% |
| 5 | Energy | 0.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $887M | 51.05% |
+2,000,000
| New | +$839M |
2023 Q2
0 quarters
|
|
2
PUT
Invesco QQQ Trust
QQQ
$443B
| $739M | 42.54% |
+2,000,000
| New | +$673M |
2023 Q2
0 quarters
|
|
|
3
Expedia Group
EXPE
$30.7B
| $10.9M | 0.63% |
+100,000
| New | +$9.8M |
2023 Q2
0 quarters
|
|
|
4
Charter Communications
CHTR
$13.5B
| $9.18M | 0.53% |
+25,000
| New | +$8.53M |
2023 Q2
0 quarters
|
|
|
5
Generac Holdings
GNRC
$10.4B
| $8.2M | 0.47% |
+55,000
| New | +$6.27M |
2023 Q2
0 quarters
|
|
6
Cigna
CI
$77.6B
| $7.72M | 0.44% |
27,500
+2,500
| +10% | +$651K |
2023 Q1
1 quarter
|
|
|
7
CVS Health
CVS
$107B
| $6.91M | 0.4% |
+100,000
| New | +$7.12M |
2023 Q2
0 quarters
|
|
|
8
MGM Resorts International
MGM
$8.18B
| $6.59M | 0.38% |
+150,000
| New | +$6.41M |
2023 Q2
0 quarters
|
|
9
Stellantis
STLA
$12.9B
| $5.7M | 0.33% |
+325,000
| New | +$5.45M |
2023 Q2
0 quarters
|
|
10
DELISTED
Vital Energy
VTLE
| $5.64M | 0.33% |
+125,000
| New | +$5.65M |
2023 Q2
0 quarters
|
|
11
Signet Jewelers
SIG
$4.49B
| $5.55M | 0.32% |
85,000
-40,000
| -32% | -$2.77M |
2023 Q1
1 quarter
|
|
12
DELISTED
Warner Bros
WBD
| $4.7M | 0.27% |
+375,000
| New | +$4.87M |
2023 Q2
0 quarters
|
|
13
The GEO Group
GEO
$3.66B
| $4.3M | 0.25% |
600,000
+200,000
| +50% | +$1.55M |
2022 Q2
4 quarters
|
|
14
Liberty Latin America Class C
LILAK
$1.67B
| $3.88M | 0.22% |
495,000
-385,000
| -44% | -$2.87M |
2023 Q1
1 quarter
|
|
|
NEX
15
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $3.58M | 0.21% |
+400,000
| New | +$3.3M |
2023 Q2
0 quarters
|
|
16
The RealReal
REAL
$1.61B
| $3.33M | 0.19% |
1,500,000
+815,558
| +119% | +$1.12M |
2023 Q1
1 quarter
|
|
17
Star Bulk Carriers
SBLK
$3.1B
| $3.27M | 0.19% |
+184,740
| New | +$3.56M |
2023 Q2
0 quarters
|
|
18
Crescent Energy
CRGY
$4.74B
| $2.54M | 0.15% |
+243,963
| New | +$2.61M |
2023 Q2
0 quarters
|
|
19
Nexstar Media Group
NXST
$5.86B
| $2.5M | 0.14% |
+15,000
| New | +$2.49M |
2023 Q2
0 quarters
|
|
20
Comstock Resources
CRK
$3.94B
| $2.32M | 0.13% |
+200,000
| New | +$2.08M |
2023 Q2
0 quarters
|
|
21
Flagstar Bank National Association
FLG
$4.37B
| $2.25M | 0.13% |
66,667
-216,666
| -76% | -$6.57M |
2023 Q1
1 quarter
|
|
22
iHeartMedia
IHRT
$274M
| $2.18M | 0.13% |
+600,000
| New | +$1.99M |
2023 Q2
0 quarters
|
|
23
DELISTED
Hanesbrands
HBI
| $1.82M | 0.1% |
+400,000
| New | +$1.83M |
2023 Q2
0 quarters
|
|
|
QVCGA
24
DELISTED
QVC Group Inc Series A
QVCGA
| $1.48M | 0.09% |
+30,000
| New | +$1.35M |
2023 Q2
0 quarters
|
|
25
Costamare
CMRE
$1.54B
| $1.21M | 0.07% |
+125,000
| New | +$1.12M |
2023 Q2
0 quarters
|
|
Similar funds
Michael Burry's Q2 2023 Portfolio in Review
As of Q2 2023, Michael Burry held 48 positions worth $1.74B, up 1,524% from $107M the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Michael Burry's Q2 2023 filing shows 27 new, 3 increased, 3 reduced and 15 closed positions. Its largest new stake was Expedia Group: 100,000 shares worth $10.9M. The largest sale was JD.com, an estimated $11M.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, followed by Consumer Discretionary and Communication Services.
- Michael Burry's largest Q2 2023 buy was Expedia Group: 100,000 shares worth $10.9M.
- Michael Burry added most to The GEO Group in Q2 2023, an estimated $1.55M increase.
- Michael Burry's biggest Q2 2023 reduction was Flagstar Bank National Association, cutting an estimated $6.57M.
- Michael Burry fully exited JD.com in Q2 2023, selling an estimated $11M.
- Michael Burry's ten largest holdings make up 97% of its $1.74B portfolio in Q2 2023.
- Michael Burry opened 27 new positions and closed 15 in Q2 2023.
- Michael Burry's portfolio value rose 1,524% quarter-over-quarter to $1.74B.
Based on Scion Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.