$1.74 Billion is the total value of Scion Asset Management's 33 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 200.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR S&P 500 ETF TRput | $886,560,000 | – | 2,000,000 | +100.0% | 51.05% | – |
| QQQ | New | INVESCO QQQ TRput | $738,840,000 | – | 2,000,000 | +100.0% | 42.54% | – |
| EXPE | New | EXPEDIA GROUP INC | $10,939,000 | – | 100,000 | +100.0% | 0.63% | – |
| CHTR | New | CHARTER COMMUNICATIONS INC Ncl a | $9,184,250 | – | 25,000 | +100.0% | 0.53% | – |
| GNRC | New | GENERAC HLDGS INC | $8,202,150 | – | 55,000 | +100.0% | 0.47% | – |
| CI | Buy | THE CIGNA GROUP | $7,716,500 | +20.8% | 27,500 | +10.0% | 0.44% | -92.6% |
| CVS | New | CVS HEALTH CORP | $6,913,000 | – | 100,000 | +100.0% | 0.40% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $6,588,000 | – | 150,000 | +100.0% | 0.38% | – |
| STLA | New | STELLANTIS N.V | $5,700,500 | – | 325,000 | +100.0% | 0.33% | – |
| LPI | New | VITAL ENERGY INC | $5,643,750 | – | 125,000 | +100.0% | 0.32% | – |
| SIG | Sell | SIGNET JEWELERS LIMITED | $5,547,100 | -42.9% | 85,000 | -32.0% | 0.32% | -96.5% |
| New | WARNER BROS DISCOVERY INC | $4,702,500 | – | 375,000 | +100.0% | 0.27% | – | |
| GEO | Buy | GEO GROUP INC NEW | $4,296,000 | +36.1% | 600,000 | +50.0% | 0.25% | -91.6% |
| LILAK | Sell | LIBERTY LATIN AMERICA LTD | $3,879,000 | -41.3% | 450,000 | -43.8% | 0.22% | -96.4% |
| NEX | New | NEXTIER OILFIELD SOLUTIONS | $3,576,000 | – | 400,000 | +100.0% | 0.21% | – |
| REAL | Buy | THE REALREAL INC | $3,330,000 | +286.1% | 1,500,000 | +119.2% | 0.19% | -76.2% |
| SBLK | New | STAR BULK CARRIERS CORP. | $3,269,898 | – | 184,740 | +100.0% | 0.19% | – |
| New | CRESCENT ENERGY COMPANY | $2,542,094 | – | 243,963 | +100.0% | 0.15% | – | |
| NXST | New | NEXSTAR MEDIA GROUP INC | $2,498,250 | – | 15,000 | +100.0% | 0.14% | – |
| CRK | New | COMSTOCK RES INC | $2,320,000 | – | 200,000 | +100.0% | 0.13% | – |
| NYCB | Sell | NEW YORK CMNTY BANCORP INC | $2,248,000 | -70.7% | 200,000 | -76.5% | 0.13% | -98.2% |
| IHRT | New | IHEARTMEDIA INC | $2,184,000 | – | 600,000 | +100.0% | 0.13% | – |
| HBI | New | HANESBRANDS INC | $1,816,000 | – | 400,000 | +100.0% | 0.10% | – |
| QRTEA | New | QURATE RETAIL INC | $1,484,700 | – | 1,500,000 | +100.0% | 0.08% | – |
| CMRE | New | COSTAMARE INC | $1,208,750 | – | 125,000 | +100.0% | 0.07% | – |
| HPP | New | HUDSON PAC PPTYS INC | $1,055,000 | – | 250,000 | +100.0% | 0.06% | – |
| SCJ | New | ISHARES INCmsci japn smcetf | $923,091 | – | 13,500 | +100.0% | 0.05% | – |
| FLJP | New | FRANKLIN TEMPLETON ETF TRftse japan etf | $811,500 | – | 30,000 | +100.0% | 0.05% | – |
| EURN | New | EURONAV NV | $805,138 | – | 52,900 | +100.0% | 0.05% | – |
| EWJ | New | ISHARES INCmsci jpn etf new | $619,000 | – | 10,000 | +100.0% | 0.04% | – |
| PDS | New | PRECISION DRILLING CORP | $569,060 | – | 11,630 | +100.0% | 0.03% | – |
| SB | New | SAFE BULKERS INC | $415,732 | – | 127,525 | +100.0% | 0.02% | – |
| EWJV | New | ISHARES TRmsci jp value | $372,096 | – | 13,600 | +100.0% | 0.02% | – |
| OVV | Exit | OVINTIV INC | $0 | – | -22,500 | -100.0% | -0.76% | – |
| HBAN | Exit | HUNTINGTON BANCSHARES INC | $0 | – | -184,900 | -100.0% | -1.94% | – |
| FRC | Exit | FIRST REP BK SAN FRANCISCO C | $0 | – | -150,000 | -100.0% | -1.96% | – |
| PACW | Exit | PACWEST BANCORP DEL | $0 | – | -250,000 | -100.0% | -2.28% | – |
| DVN | Exit | DEVON ENERGY CORP NEW | $0 | – | -48,298 | -100.0% | -2.29% | – |
| NOV | Exit | NOV INC | $0 | – | -143,594 | -100.0% | -2.49% | – |
| COG | Exit | COTERRA ENERGY INC | $0 | – | -150,000 | -100.0% | -3.44% | – |
| WAL | Exit | WESTERN ALLIANCE BANCORP | $0 | – | -125,000 | -100.0% | -4.15% | – |
| WFC | Exit | WELLS FARGO CO NEW | $0 | – | -125,000 | -100.0% | -4.37% | – |
| Exit | COHERENT CORP | $0 | – | -125,000 | -100.0% | -4.45% | – | |
| SBSW | Exit | SIBANYE STILLWATER LTDsponsored adr | $0 | – | -800,000 | -100.0% | -6.22% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -75,000 | -100.0% | -6.74% | – |
| ZM | Exit | ZOOM VIDEO COMMUNICATIONS INcl a | $0 | – | -100,000 | -100.0% | -6.90% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDsponsored ads | $0 | – | -100,000 | -100.0% | -9.56% | – |
| JD | Exit | JD.COM INCspon adr cl a | $0 | – | -250,000 | -100.0% | -10.26% | – |
Other managers
Other managers that, in addition to the filing manager(s), that filed the EDGAR filing(s):
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-14
About Scion Asset Management
Scion Asset Management is a hedge fund founded by Dr. Michael Burry in 2000. Dr. Burry is a well-known investor who gained fame for his successful bet against the US housing market in the mid-2000s, which was chronicled in the book and movie "The Big Short". Scion Asset Management is based in Cupertino, California, and manages around $300 million in assets.
Dr. Burry serves as the Chief Investment Officer of Scion Asset Management and is responsible for the fund's investment strategy. He is known for his contrarian approach to investing and his ability to identify undervalued companies. The fund's portfolio is concentrated in a few key positions, with a focus on the technology and healthcare sectors.
In addition to Dr. Burry, Scion Asset Management has a team of experienced investment professionals, including COO Richard Porter and CFO David Lee. The team's expertise in financial analysis and risk management has helped the fund deliver strong returns for its investors.
While Scion Asset Management is a relatively small hedge fund, it has gained a reputation for its successful investments and its unique investment approach. Investors who are interested in a contrarian investment strategy may want to consider Scion Asset Management as part of their portfolio. However, as with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| GEO GROUP INC NEW | 9 | Q2 2023 | 100.0% |
| TAILORED BRANDS INC | 7 | Q1 2020 | 21.2% |
| GAMESTOP CORP NEW | 7 | Q3 2020 | 27.8% |
| SPORTSMANS WHSE HLDGS INC | 6 | Q1 2022 | 14.1% |
| CORECIVIC INC | 6 | Q3 2022 | 15.5% |
| ALPHABET INC | 5 | Q4 2019 | 32.9% |
| CVS HEALTH CORP | 5 | Q2 2023 | 40.7% |
| META PLATFORMS INC | 5 | Q1 2022 | 11.7% |
| QURATE RETAIL INC | 5 | Q2 2023 | 24.3% |
| WESTERN DIGITAL CORP. | 5 | Q4 2020 | 12.7% |
View Scion Asset Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| TAILORED BRANDS INC | May 07, 2020 | 1,700,000 | 3.5% |
| GameStop Corp. | May 06, 2020 | 2,801,929 | 4.3% |
View Scion Asset Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-02-14 |
| 13F-HR | 2021-11-15 |
| 13F-HR | 2021-08-16 |
| 13F-HR | 2021-05-17 |
View Scion Asset Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.