Michael Burry - Scion Asset Management 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 14, 2025, the Scion Asset Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. 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 Q2 2025, the filing reported:

New Buys - Bruker Corporation, lululemon athletica inc., MercadoLibre, Inc., Regeneron Pharmaceuticals, Inc., UnitedHealth Group Incorporated

Increases - None reported

Reductions - Estee Lauder Companies, Inc. (T

Complete Exits - None reported

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
Q2 2025	BRKR Bruker Corporation	Bruker Corporation	Buy - Position Entry	+250,000	-	$10.30M	250,000
Q2 2025	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-50,000	-25.0%	$12.12M	150,000
Q2 2025	LULU lululemon athletica inc.	lululemon athletica inc.	Buy - Position Entry	+50,000	-	$11.88M	50,000
Q2 2025	MELI MercadoLibre, Inc.	MercadoLibre, Inc.	Buy - Position Entry	+3,000	-	$7.84M	3,000
Q2 2025	REGN Regeneron Pharmaceuticals, Inc.	Regeneron Pharmaceuticals, Inc.	Buy - Position Entry	+15,000	-	$7.88M	15,000
Q2 2025	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy - Position Entry	+20,000	-	$6.24M	20,000