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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
+5.19%
3-year
+71.86%
5-year
+133.91%
3-year vs S&P 500
+19.37%
5-year vs S&P 500
+81.02%
5-year top 5
+245.19%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 17 of 30 rows. Rows without a quote are marked unavailable.

1GOOGALPHABET INC35.87%New80,000$113.09M$1413.6152w: $50.68 - $76.61; reported $1413.61
2METAFACEBOOK INC6.71%Add +55.3%93,200$21.16M$227.0752w: $137.10 - $245.19; reported $227.07
3BKNGBOOKING HOLDINGS INC5.86%New11,600$18.47M$1592.3352w: $44.29 - $83.76; reported $1592.33
4GSGOLDMAN SACHS GROUP INC4.61%New73,600$14.55M$197.6252w: $130.85 - $250.46; reported $197.62
5QRVOQORVO INC3.96%Reduce -18.1%113,000$12.49M$110.5352w: $67.54 - $122.36; reported $110.53
6GMEGAMESTOP CORP NEW3.79%Reduce -8.3%2,750,000$11.94MNo quoteNo quote
7WDCWESTERN DIGITAL CORP.3.78%New270,000$11.92M$44.1552w: $20.71 - $54.42; reported $44.15
8DISCADISCOVERY INC3.76%Add +60.6%562,200$11.86MNo quoteNo quote
9BBBYQBED BATH & BEYOND INC3.36%New1,000,000$10.6MNo quoteNo quote
10TCOMTRIP COM GROUP LTD2.67%New325,000$8.42M$25.9252w: $20.10 - $38.95; reported $25.92
11BACBK OF AMERICA CORP2.58%New342,300$8.13M$23.7552w: $17.95 - $35.67; reported $23.75
12JPMJPMORGAN CHASE & CO2.57%New86,000$8.09M$94.0652w: $76.91 - $141.10; reported $94.06
13CPACOPA HOLDINGS SA2.49%New155,000$7.84M$50.5652w: $24.00 - $114.00; reported $50.56
14HPHELMERICH & PAYNE INC2.43%New392,500$7.66M$19.5152w: $12.40 - $47.33; reported $19.51
15LVSLAS VEGAS SANDS CORP2.21%Add +123.4%153,000$6.97M$45.5452w: $33.30 - $74.29; reported $45.54
16UNITUNITI GROUP INC1.89%New636,894$5.96M$9.3552w: $8.07 - $18.41; reported $9.35
17ROICRETAIL OPPORTUNITY INVTS COR1.80%New500,000$5.67MNo quoteNo quote
18MAXRMAXAR TECHNOLOGIES INC1.71%Reduce -66.7%300,000$5.39MNo quoteNo quote
19FLFOOT LOCKER INC1.66%Add +80.0%180,000$5.25MNo quoteNo quote
20WYNNWYNN RESORTS LTD1.65%Add +809.1%70,000$5.21M$74.4952w: $35.84 - $153.41; reported $74.49
21DBIDESIGNER BRANDS INC1.23%New575,000$3.89MNo quoteNo quote
22PDSPRECISION DRILLING CORP0.97%New4,024,093$3.05M$0.7652w: $5.40 - $32.80; reported $0.76
23NOVNATIONAL OILWELL VARCO INC0.67%New172,400$2.11M$12.2552w: $8.00 - $25.81; reported $12.25
24PARAVIACOMCBS INC0.64%New86,000$2.01MNo quoteNo quote
25KBALKIMBALL INTL INC0.61%New166,452$1.92MNo quoteNo quote
26CBRLCRACKER BARREL OLD CTRY STOR0.52%Add +122.4%14,900$1.65M$110.9452w: $53.61 - $170.10; reported $110.94
30TLRDTAILORED BRANDS INC-Sold0$0No quoteNo quote
29MIKMICHAELS COS INC-Sold0$0No quoteNo quote
28JACKJACK IN THE BOX INC-Sold0$0No quoteNo quote
27BABOEING CO-Sold0$0No quoteNo quote