Michael Burry - Scion Asset Management 13F Activity & Position Changes (Q1 2016)

According to the SEC 13F filed on Nov 03, 2025, the Scion Asset Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2016. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2016, the filing reported:

New Buys - Amgen Inc., Gentherm Inc

Increases - HCA Healthcare, Inc.

Reductions - NexPoint Residential Trust, Inc

Complete Exits - Bank of America Corporation, The Bank of New York Mellon Cor, Citigroup, Inc., Community Health Systems, Inc., International Business Machines, and 1 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2016	AMGN Amgen Inc.	Amgen Inc.	Buy - Position Entry	+40,000	-	$6.00K	40,000
Q1 2016	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-300,000	-100.0%	$0.00	-
Q1 2016	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell - Position Exit	-100,000	-100.0%	$0.00	-
Q1 2016	C Citigroup, Inc.	Citigroup, Inc.	Sell - Position Exit	-100,000	-100.0%	$0.00	-
Q1 2016	CYH Community Health Systems, Inc.	Community Health Systems, Inc.	Sell - Position Exit	-200,000	-100.0%	$0.00	-
Q1 2016	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Buy	+25,000	+33.3%	$7.80K	100,000
Q1 2016	IBM International Business Machines	International Business Machines	Sell - Position Exit	-50,000	-100.0%	$0.00	-
Q1 2016	NXRT NexPoint Residential Trust, Inc	NexPoint Residential Trust, Inc	Sell	-60,895	-9.1%	$7.98K	609,905
Q1 2016	PNC PNC Financial Services Group, I	PNC Financial Services Group, I	Sell - Position Exit	-40,000	-100.0%	$0.00	-
Q1 2016	THRM Gentherm Inc	Gentherm Inc	Buy - Position Entry	+47,000	-	$1.96K	47,000