# Michael Burry — Scion Asset Management

Portfolio USD 55,001,000 · 3 positions · 2025 Q3 · history from 2018 Q4.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/SAM

## Positions (2025 Q3)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| MOH | Molina Healthcare Inc. | 44% | USD 23,920,000 | new |  |
| LULU | Lululemon Athletica Inc. | 32% | USD 17,793,000 | +100% |  |
| SLM | SLM Corp. | 24% | USD 13,288,000 | new |  |

## Moves this quarter (8)

- MOH Molina Healthcare Inc.: new (USD 23,920,000)
- LULU Lululemon Athletica Inc.: +100% (USD 17,793,000)
- SLM SLM Corp.: new (USD 13,288,000)
- EL Estee Lauder Cos.: sold (USD 12,120,000)
- BRKR Bruker Corp.: sold (USD 10,300,000)
- REGN Regeneron Pharmaceuticals: sold (USD 7,875,000)
- MELI Mercadolibre Inc.: sold (USD 7,841,010)
- UNH United Health Group Inc.: sold (USD 6,239,000)

## Portfolio value by quarter

- 2018 Q4: USD 103,517,138 (11 positions)
- 2019 Q1: USD 98,179,667 (14 positions)
- 2019 Q2: USD 93,558,502 (10 positions)
- 2019 Q3: USD 59,612,687 (7 positions)
- 2019 Q4: USD 82,289,462 (9 positions)
- 2020 Q1: USD 78,758,426 (9 positions)
- 2020 Q2: USD 90,885,971 (13 positions)
- 2020 Q3: USD 154,240,266 (20 positions)
- 2020 Q4: USD 139,920,673 (20 positions)
- 2021 Q1: USD 116,453,647 (20 positions)
- 2021 Q2: USD 137,538,308 (11 positions)
- 2021 Q3: USD 41,718,698 (6 positions)
- 2021 Q4: USD 74,450,561 (6 positions)
- 2022 Q1: USD 165,408,054 (11 positions)
- 2022 Q2: USD 3,308,976 (1 positions)
- 2022 Q3: USD 41,290,313 (6 positions)
- 2022 Q4: USD 46,542,079 (9 positions)
- 2023 Q1: USD 106,935,097 (21 positions)
- 2023 Q2: USD 111,360,693 (31 positions)
- 2023 Q3: USD 43,896,914 (11 positions)
- 2023 Q4: USD 94,581,725 (25 positions)
- 2024 Q1: USD 103,465,720 (16 positions)
- 2024 Q2: USD 52,487,887 (10 positions)
- 2024 Q3: USD 83,051,045 (8 positions)
- 2024 Q4: USD 77,442,827 (13 positions)
- 2025 Q1: USD 13,200,000 (1 positions)
- 2025 Q2: USD 56,248,385 (6 positions)
- 2025 Q3: USD 55,001,000 (3 positions)