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
- +48.45%
- 5-year
- +92.65%
- 3-year vs S&P 500
- -4.04%
- 5-year vs S&P 500
- +39.76%
- 5-year top 5
- +201.42%
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.
Get email alerts when Michael Burry files a new 13F — sign in or create a free account.
Live quotes available for 19 of 34 rows. Rows without a quote are marked unavailable.
| 1 | GME | GAMESTOP CORP NEW | 13.14% | Reduce -8.3% | 2,750,000 | $11.94M | No quote | No quote |
| 2 | BBBYQ | BED BATH & BEYOND INC | 11.67% | New | 1,000,000 | $10.6M | No quote | No quote |
| 3 | DISCA | DISCOVERY INC | 11.62% | Add +42.9% | 500,000 | $10.55M | No quote | No quote |
| 4 | TCOM | TRIP COM GROUP LTD | 9.27% | New | 325,000 | $8.42M | $25.92 | |
| 5 | QRVO | QORVO INC | 9.13% | Reduce -40.0% | 75,000 | $8.29M | $110.53 | |
| 6 | CPA | COPA HOLDINGS SA | 8.63% | New | 155,000 | $7.84M | $50.56 | |
| 7 | HP | HELMERICH & PAYNE INC | 8.05% | New | 375,000 | $7.32M | $19.51 | |
| 8 | UNIT | UNITI GROUP INC | 6.56% | New | 636,894 | $5.96M | $9.35 | |
| 9 | ROIC | RETAIL OPPORTUNITY INVTS COR | 6.24% | New | 500,000 | $5.67M | No quote | No quote |
| 10 | MAXR | MAXAR TECHNOLOGIES INC | 5.93% | Reduce -66.7% | 300,000 | $5.39M | No quote | No quote |
| 11 | DBI | DESIGNER BRANDS INC | 4.29% | New | 575,000 | $3.89M | No quote | No quote |
| 12 | PDS | PRECISION DRILLING CORP | 3.36% | New | 4,024,093 | $3.05M | $0.76 | |
| 13 | KBAL | KIMBALL INTL INC | 2.12% | New | 166,452 | $1.92M | No quote | No quote |
| 18 | TLRD | TAILORED BRANDS INC | - | Sold | 0 | $0 | No quote | No quote |
| 17 | MIK | MICHAELS COS INC | - | Sold | 0 | $0 | No quote | No quote |
| 16 | JACK | JACK IN THE BOX INC | - | Sold | 0 | $0 | No quote | No quote |
| 15 | META | FACEBOOK INC | - | Sold | 0 | $0 | No quote | No quote |
| 14 | BA | BOEING CO | - | Sold | 0 | $0 | No quote | No quote |
Options positions
Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.
| 1 | GOOG | ALPHABET INCCAP STK CL C | CALL | New | 80,000 | $113.09M |
| 2 | META | FACEBOOK INCCL A | CALL | New | 93,200 | $21.16M |
| 3 | BKNG | BOOKING HOLDINGS INCCOM | CALL | New | 11,600 | $18.47M |
| 4 | GS | GOLDMAN SACHS GROUP INCCOM | CALL | New | 73,600 | $14.55M |
| 5 | WDC | WESTERN DIGITAL CORP.COM | CALL | New | 270,000 | $11.92M |
| 6 | BAC | BK OF AMERICA CORPCOM | CALL | New | 342,300 | $8.13M |
| 7 | JPM | JPMORGAN CHASE & COCOM | CALL | New | 86,000 | $8.09M |
| 8 | LVS | LAS VEGAS SANDS CORPCOM | CALL | Add +123.4% | 153,000 | $6.97M |
| 9 | FL | FOOT LOCKER INCCOM | CALL | Add +80.0% | 180,000 | $5.25M |
| 10 | WYNN | WYNN RESORTS LTDCOM | CALL | Add +809.1% | 70,000 | $5.21M |
| 11 | QRVO | QORVO INCCOM | CALL | Add +192.3% | 38,000 | $4.2M |
| 12 | NOV | NATIONAL OILWELL VARCO INCCOM | CALL | New | 172,400 | $2.11M |
| 13 | PARA | VIACOMCBS INCCL B | CALL | New | 86,000 | $2.01M |
| 14 | CBRL | CRACKER BARREL OLD CTRY STORCOM | CALL | Add +122.4% | 14,900 | $1.65M |
| 15 | DISCA | DISCOVERY INCCOM SER A | CALL | New | 62,200 | $1.31M |
| 16 | HP | HELMERICH & PAYNE INCCOM | CALL | New | 17,500 | $341K |