13F institutional portfolio research

Scion Asset Management portfolio update: latest 13F positions and quarterly moves

Deterministic analysis from filing data

Scion Asset Management's latest 13F signals

Portfolio construction is the clearest first read on Scion Asset Management. Q3 2025 reports 8 positions totaling $1.4B. This is a highly concentrated book: the top five positions account for 97% of total reported value, with PLTR alone at 66.0%.

Position-level activity separates the active decisions from the static book. The largest measured share-count move this quarter was a trim in LULULEMON ATHLETICA INC by 77.8%. Scion Asset Management initiated 7 new positions, the most prominent being PLTR at $912.1M. 10 positions were fully exited, including UNITEDHEALTH GROUP INC (last quarter valued at $115.4M).

Scion Asset Management's trailing filings reveal how active the current quarter really was. Compared with the prior four tracked quarters: reported value is meaningfully higher than the trailing average, led by PLTR and quarter-end market values. This was an unusually active quarter for new positions: 7 versus a trailing average of 4.5. Exits were also above trend: 10 versus a trailing average of 4.3.

Comparable managers show which features of Scion Asset Management's book are unusual. ARK Invest (181 positions; top sector: Information Technology); Third Point (33 positions; top sector: Consumer Discretionary); Appaloosa Management (31 positions; top sector: Consumer Discretionary). See the last four quarters table below for the full arc of Scion Asset Management's reported activity.

Current snapshot

All reported holdings

8 active positions ranked by reported market value.

Ticker Company Shares Market value % of portfolio Change vs. prior quarter
PLTR PALANTIR TECHNOLOGIES INC 5,000,000 $912.1M 66.04% New
NVDA NVIDIA CORPORATION 1,000,000 $186.6M 13.51% New
PFIZER INC 6,000,000 $152.9M 11.07% New
HALLIBURTON CO 2,500,000 $61.5M 4.45% New
MOLINA HEALTHCARE INC 125,000 $23.9M 1.73% New
LULULEMON ATHLETICA INC 100,000 $17.8M 1.29% -77.8%
SLM CORP 480,054 $13.3M 0.96% New
BRUKER CORP 48,334 $13.1M 0.95% New

Quarter-over-quarter activity

Position changes

New buys 7

  • PLTR $912.1M · of portfolio 66.04%
  • NVDA $186.6M · of portfolio 13.51%
  • PFIZER INC $152.9M · of portfolio 11.07%
  • HALLIBURTON CO $61.5M · of portfolio 4.45%
  • MOLINA HEALTHCARE INC $23.9M · of portfolio 1.73%
  • SLM CORP $13.3M · of portfolio 0.96%
  • BRUKER CORP $13.1M · of portfolio 0.95%

Increased positions 0

  • No increased positions reported.

Reduced positions 1

  • LULULEMON ATHLETICA INC -77.8% · now $17.8M

Full exits 10

  • UNITEDHEALTH GROUP INC Previously $115.4M
  • REGENERON PHARMACEUTICALS Previously $112.9M
  • META Previously $73.8M
  • LAUDER ESTEE COS INC Previously $52.5M
  • JD.COM INC Previously $32.6M
  • ALIBABA GROUP HLDG LTD Previously $28.4M
  • ASML HOLDING N V Previously $20.0M
  • V F CORP Previously $17.6M
  • BRUKER CORP Previously $10.3M
  • MERCADOLIBRE INC Previously $7.8M

Portfolio composition

Sector exposure

Sector weights use the site’s current US equity classification map.

Information Technology 79.5%
Other / unclassified 20.5%
Sector% of portfolioQoQ change
Information Technology 79.55% +79.55 pts
Other / unclassified 20.45% -66.78 pts

Rolling filing history

Last 4 quarters

Values are quarter-end 13F market values, not live portfolio values.

QuarterFiling dateTotal reported valuePositionsNew buysExitsTop position
Q3 2025 2025-11-03 $1.4B 8 7 10 PLTR 66.0%
Q2 2025 2025-08-14 $0.6B 11 8 4 UNITEDHEALTH GROUP INC 20.0%
Q1 2025 2025-05-15 $0.2B 7 2 8 NVDA 49.0%
Q4 2024 2025-02-14 $0.1B 13 8 3 ALIBABA GROUP HLDG LTD 16.4%

Related manager research

How this compares

Filing interpretation

Common questions about Scion Asset Management's 13F

What is Scion Asset Management's largest reported holding?
PLTR is Scion Asset Management's largest active reported position at 66.0% of the portfolio. See its size and share count in the Scion Asset Management holdings table.
Which position did Scion Asset Management increase most?
PLTR is the largest increase or new position by current reported value. The Scion Asset Management position-change section separates new and increased holdings.
Which position did Scion Asset Management reduce or exit most significantly?
UNITEDHEALTH GROUP INC is the largest reduction or exit by prior reported value. Compare it with the other actions in Scion Asset Management's change grid.
What new positions did Scion Asset Management open this quarter?
Scion Asset Management initiated 7 positions, led by PLTR. Each new holding appears in the Scion Asset Management new-buys list.
How concentrated is Scion Asset Management's reported portfolio?
The five largest positions represent 96.8% of Scion Asset Management's reported value. The Scion Asset Management holdings ranking shows whether that concentration comes from one dominant stock or several large positions.
Which sector is most important in Scion Asset Management's portfolio?
Information Technology is the largest classified sector in Scion Asset Management's current reported portfolio. The Scion Asset Management sector breakdown shows weights and quarter-over-quarter changes.
Does Scion's 13F reveal Michael Burry's short positions?
Not fully. A 13F may report certain put positions, but it does not provide a complete picture of short sales, swaps, cash, or macro hedges. See the Scion Asset Management four-quarter record for the surrounding trend.

Primary-source record

Source and filing details

CIK
0001649339
SEC accession
0001649339-25-000007
Report quarter
2025-09-30
Filing date
2025-11-03

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Disclaimer: 13F data is public, historical, delayed, and incomplete by design. It is not investment advice. Cross-check material data against the original SEC filing record before acting.