In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Michael Burry's Scion Asset Management reported 1 stock position worth $13.2 million . Its top holding was Estee Lauder Companies Class A (EL) at 100.0% of the portfolio. Compared with Q4 2024, it sold out of 12 and added to 1. The biggest buy was Estee Lauder Companies Class A (EL, shares +100% ) and the biggest sale an exit from Alibaba Group Holding-SP ADR (BABA).
Notable People Michael Burry
Location Saratoga, CA
CIK 0001649339
Portfolio Value $13.2M (Q1 2025) Holdings 1 stocks · $13.2M Holdings quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 200,000 $13.2M Add +100.0%
Options reported separately and not counted above: NVDA puts ($97.5M), BABA puts ($26.4M), PDD puts ($23.7M), JD puts ($16.4M), TCOM puts ($12.7M), BIDU puts ($9.2M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ BABA Alibaba Group Holding-SP ADR Sold out 0.00% −16.42 BIDU Baidu Inc. - Spon ADR Sold out 0.00% −13.61 JD Jd.com Inc.-ADR Sold out 0.00% −13.43 MOH Molina Healthcare Inc. Sold out 0.00% −9.40 PDD PDD Holdings Inc. Sold out 0.00% −9.39 HCA HCA Healthcare Inc. Sold out 0.00% −5.81 BRKR Bruker Corp. Sold out 0.00% −5.68 VFC VF Corp. Sold out 0.00% −5.54 MAGN Magnera Corp. Sold out 0.00% −4.69 OSCR Oscar Health Inc. Class A Sold out 0.00% −3.47 ACIC American Coastal Insurance C Sold out 0.00% −2.54 GOOS Canada Goose Holdings Inc. Sold out 0.00% −0.32
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ EL Estee Lauder Companies Class A Add +100.0% 100.00% +90.32
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ NVDA Nvidia Corp. put New 900,000 $97.5M BABA Alibaba Group Holding-SP ADR put New 200,000 $26.4M PDD PDD Holdings Inc. put New 200,000 $23.7M JD Jd.com Inc.-ADR put New 400,000 $16.4M TCOM Trip.com Group Ltd.-ADR put New 200,000 $12.7M BIDU Baidu Inc. - Spon ADR put New 100,000 $9.2M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q3 2025 3 $55.0M MOH, LULU, SLM Q2 2025 6 $56.3M EL, LULU, BRKR, REGN, MELI Q1 2025 1 $13.2M EL Q4 2024 13 $77.4M BABA, BIDU, JD, EL, MOH Q3 2024 8 $83.1M BABA, JD, FOUR, BIDU, MOH Q2 2024 10 $52.5M BABA, FOUR, MOH, BIDU, JD Q1 2024 16 $103.5M JD, BABA, HCA, C, PHYS