Michael Burry · quarter digest

What Michael Burry did in Q2 2025

Scion Asset Management filed 7 moves in Q2 2025: 2 new, 2 add, 0 trim, 3 exit.

13F filed 2025-08-14. Manager quality score: q7. Philosophy: Contrarian deep-value with macro overlay. Predicted 2008.

New positions · 2

Fresh money

UNHUNITEDHEALTH GROUP INC

NEW·20.0% book·+12

METAMETA PLATFORMS INC

NEW·12.8% book·+5

Adds · 2

ADD +35%·15.2% book·+39

“First major BABA add — 3 Q consecutive.”

ADD +20%·14.1% book·+24

“Building JD.com.”

Exits · 3

NVDANVIDIA CORPORATION

EXIT·0.0% book·+19

PDDPDD HOLDINGS INC

EXIT·0.0% book·−1

BAIDUBAIDU INC

EXIT·0.0% book·+1

Current top holdings

#	Ticker	Weight	Conviction
1	BABA Alibaba	21.3%	+39
2	JD JD.com	17.6%	+24
3	BIDU Baidu	14.8%	−1
4	SHEL Shell	9.2%	−2
5	ESTC Elastic NV	8.7%	0

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.