13F filer · CIK 1649339 ↗
Scion Asset Management
You are looking at Q2 2025. See the latest, Q3 2025 →
Reported value
$578.3M
+190% on the quarter before
Positions
15
14 new · 6 sold out
Top 10
92.4%
of the value
Est. gain
+$2.2M
on stocks held all quarter
Est. return
+22.4%
on those stocks since Q1 2025
Positions as of Jun 30, 2025, from Scion Asset Management's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q1 2025. Striped tiles are options.
Largest buys
Since Q1 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- UnitedHealth GroupCALL~$109.2MNew · 0.0% → 18.9%+350,000 underlying
- Regeneron PharmaceuticalsCALL~$105.0MNew · 0.0% → 18.2%+200,000 underlying
- Lululemon AthleticaCALL~$95.0MNew · 0.0% → 16.4%+400,000 underlying
- MetaCALL~$73.8MNew · 0.0% → 12.8%+100,000 underlying
- Estée Lauder Companies (The)CALL~$40.4MNew · 0.0% → 7.0%+500,000 underlying
- JD.comCALL~$32.6MNew · 0.0% → 5.6%+1,000,000 underlying
- AlibabaCALL~$28.4MNew · 0.0% → 4.9%+250,000 underlying
- ASMLCALL~$20.0MNew · 0.0% → 3.5%+25,000 underlying
- V F CorpCALL~$17.6MNew · 0.0% → 3.0%+1,500,000 underlying
- Lululemon Athletica~$11.9MNew · 0.0% → 2.1%+50,000 shares
Largest sells
Since Q1 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- NvidiaPUT~$97.5MSold out · 49.0% → 0.0%−900,000 underlying
- AlibabaPUT~$26.4MSold out · 13.3% → 0.0%−200,000 underlying
- PDD HoldingsPUT~$23.7MSold out · 11.9% → 0.0%−200,000 underlying
- Jd.Com IncPUT~$16.4MSold out · 8.3% → 0.0%−400,000 underlying
- Trip Com Group LtdPUT~$12.7MSold out · 6.4% → 0.0%−200,000 underlying
- BaiduPUT~$9.2MSold out · 4.6% → 0.0%−100,000 underlying
- Estée Lauder Companies (The)~$4.0MCut · 6.6% → 2.1%−50,000 shares
Holdings
As of Jun 30, 2025. Changes are in shares against Mar 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitedHealth GroupCALLCOM · shares New | 18.9% | $109.2M | — | ||||||||
| Regeneron PharmaceuticalsCALLCOM · shares New | 18.2% | $105.0M | — | ||||||||
| Lululemon AthleticaCALLCOM · shares New | 16.4% | $95.0M | — | ||||||||
| MetaCALLCL A · shares New | 12.8% | $73.8M | — | ||||||||
| Estée Lauder Companies (The)CALLCL A · shares New | 7.0% | $40.4M | — | ||||||||
| JD.comCALLSPON ADS CL A · shares New | 5.6% | $32.6M | — | ||||||||
| AlibabaCALLSPONSORED ADS · shares New | 4.9% | $28.4M | — | ||||||||
| ASMLCALLN Y REGISTRY SHS · shares New | 3.5% | $20.0M | — | ||||||||
| V F CorpCALLCOM · shares New | 3.0% | $17.6M | — | ||||||||
| Estée Lauder Companies (The)CL A · shares −25% · price +22.4% | 2.1% | $12.1M | +$2.2M | ||||||||
| Lululemon AthleticaCOM · shares New | 2.1% | $11.9M | — | ||||||||
| Bruker CorpCOM · shares New | 1.8% | $10.3M | — | ||||||||
| Regeneron PharmaceuticalsCOM · shares New | 1.4% | $7.9M | — | ||||||||
| MercadoLibreCOM · shares New | 1.4% | $7.8M | — | ||||||||
| UnitedHealth GroupCOM · shares New | 1.1% | $6.2M | — | ||||||||
| Total · 15 positions | 100% | $578.3M | +$2.2M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q1 2025 to Q2 2025: 1 stocks held throughout, up $2.2M (+22.4%).
- Estée Lauder Companies (The)+$2.2M+22%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q3 2025 | Nov 3, 2025 | $1.38B+139% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $578.3M+190% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $199.2M+157% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $77.4M−40% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $129.8M+147% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $52.5M−49% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $103.5M+9% | SEC ↗ |
| Q4 2023 | Feb 16, 2024 (amended) | $94.6M−4% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $99.0M−94% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $1.74B+1,524% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $106.9M+130% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $46.5M+13% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $41.3M+1,148% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $3.3M−98% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $201.4M+170% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $74.5M+78% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $41.7M−98% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $2.08B+54% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $1.35B+503% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $224.7M−32% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $330.3M+5% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $315.3M+267% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $85.9M+4% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $82.3M+38% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $59.6M−36% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $93.6M−5% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $98.2M−5% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $103.5M+193% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $35.4M−22% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $45.5M−11% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $51.1M | SEC ↗ |