Michael Burry
Michael Burry runs Scion Asset Mgmt, a hedge fund overseeing $1.38B in disclosed equity holdings (SEC CIK 0001649339). The latest 13F filing (2025Q3) discloses 4 positions across 3 sectors, with the largest positions in MOH, LULU and SLM. On a mark-to-market basis the tracked portfolio has declined 5.1% over the past year. OpenStocks tracks 32 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.
What Michael is holding in options
Michael Burry (Scion Asset Mgmt) disclosed 4 option positions in the 2025Q3 13F filing — 2 long-calls and 2 long-puts — totaling $1.31B of underlying-share notional value. The largest exposures are a put on PLTR, a put on NVDA, a call on PFE. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
Options & derivatives
4 positions · $1.31B notional2 CALL · $214.4M2 PUT · $1.10B| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | PLTRPALANTIR TECHNOLOGIES INC | 5.0M | $912.1M | 66.0% |
| PUT | NVDANVIDIA CORPORATION | 1.0M | $186.6M | 13.5% |
| CALL | PFEPFIZER INC | 6.0M | $152.9M | 11.1% |
| CALL | HALHALLIBURTON CO | 2.5M | $61.5M | 4.5% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.