Michael Burry’s Scion Asset Management made significant changes to its portfolio in Q2 2025, opening new positions in Lululemon and UnitedHealth, among others. The firm also increased exposure to healthcare, discretionary, and tech sectors through equity and options. Burry exited bearish put positions in Chinese tech stocks and Nvidia. He opened call options in companies like Estee Lauder, Meta, and Alibaba. The filing shows a shift in sentiment as he closed out put options in Alibaba and Nvidia. Burry fully exited previous equity positions except for Estee Lauder. This is a developing story and more details may be available soon.

Read more at QuiverQuant: Michael Burry’s Scion Asset Management Overhauls Portfolio With New Stock Holdings and Major Options Bets