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Focused investors/Michael Burry

Michael Burry - Scion Asset Management

As of Q3 2025, Michael Burry reported 4 long-equity positions worth $68.14M in aggregate.

It also disclosed $1.1B of put notional and $214.38M of call notional. Notional is the contracts’ face value, not the premium paid, so it is reported separately from the equity above — see the Options section below.

Copy-investor backtest

Latest quarter
+5.19%
1-year
+12.15%
3-year
+96.53%
3-year top 5
+163.30%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. Method & limitations.

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