Scion Asset Management Portfolio holdings
Scion Asset Management, LLC, founded in 2013 by Dr. Michael J. Burry and headquartered in Saratoga, California, is a private investment firm managing approximately $196 million in discretionary assets across four private investment funds as of early 2024. Led by Burry, famously portrayed in *The Big Short* for predicting the 2008 subprime mortgage crisis, the firm focuses on long-term capital appreciation through a value-oriented, research-driven approach, investing in a diverse range of securities including equities, debt, and derivatives, often with a contrarian bent. Unlike traditional advisory firms, Scion caters exclusively to institutional clients and pooled investment vehicles, such as its Cayman Islands- and Delaware-based funds, requiring minimum investments from $500,000 to $1.5 million, and does not serve individual retail investors directly. With a small team of six, including key figures like COO Zaeed Kalsheker, Scion maintains a low-profile yet influential presence, leveraging Burry’s deep market insights to navigate complex economic landscapes.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$10.8M |
| 2 |
NPTN
NEOPHOTONICS CORP
NPTN
|
+$3.27M |
| 3 |
Theravance Biopharma
TBPH
|
+$1.08M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$8.17M |
| 2 |
TLRD
Tailored Brands, Inc.
TLRD
|
+$7.16M |
| 3 |
First Solar
FSLR
|
+$6.85M |
| 4 |
Gentherm
THRM
|
+$1.96M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 46.51% |
| 2 | Real Estate | 24.39% |
| 3 | Communication Services | 22.82% |
| 4 | Technology | 6.28% |
| 5 | Consumer Discretionary | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NXRT
1
NexPoint Residential Trust
NXRT
$661M
| $11.1M | 24.39% |
609,905
| – | – |
|
|
2
Alphabet (Google) Class C
GOOG
$3.89T
| $10.4M | 22.82% |
+300,000
| New | +$10.8M |
|
3
HCA Healthcare
HCA
$83.5B
| $7.7M | 16.92% |
100,000
| – | – |
|
|
4
Theravance Biopharma
TBPH
$874M
| $7.37M | 16.21% |
325,000
+50,000
| +18% | +$1.08M |
|
5
Amgen
AMGN
$201B
| $6.09M | 13.38% |
40,000
| – | – |
|
|
NPTN
6
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.86M | 6.28% |
+300,000
| New | +$3.27M |
|
|
7
Apple
AAPL
$4.72T
| – | – |
-300,000
| Closed | -$8.17M |
|
|
8
First Solar
FSLR
$22.1B
| – | – |
-100,000
| Closed | -$6.85M |
|
|
9
Gentherm
THRM
$1.4B
| – | – |
-47,000
| Closed | -$1.96M |
|
|
TLRD
10
DELISTED
Tailored Brands, Inc.
TLRD
| – | – |
-400,000
| Closed | -$7.16M |
|
Similar funds
Scion Asset Management's Q2 2016 Portfolio in Review
As of Q2 2016, Scion Asset Management held 10 positions worth $45.5M, down 11% from $51.1M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Scion Asset Management withdrew a net $9.02M in Q2 2016, closing 4 positions. Its most notable exit was Apple, an estimated $8.17M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 47% of assets, up from 37% a quarter earlier, followed by Real Estate and Communication Services.
Against the trend, Scion Asset Management opened a new position in Alphabet (Google) Class C worth $10.4M.
- Scion Asset Management's largest Q2 2016 buy was Alphabet (Google) Class C: 300,000 shares worth $10.4M.
- Scion Asset Management added most to Theravance Biopharma in Q2 2016, an estimated $1.08M increase.
- Scion Asset Management fully exited Apple in Q2 2016, selling an estimated $8.17M.
- Scion Asset Management's ten largest holdings make up 100% of its $45.5M portfolio in Q2 2016.
- Scion Asset Management opened 2 new positions and closed 4 in Q2 2016.
- Scion Asset Management's portfolio value fell 11% quarter-over-quarter to $45.5M.
Based on Scion Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.