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Did Burry's hedge fund bet on a US stock market crash?

In August 2023, it was widely reported that Burry's hedge fund, Scion Asset Management, had made a $1.6 billion bet on a US stock market crash. Securities filings reportedly showed that Burry held put options on both the S&P 500 and the Nasdaq-100 at the end of Q2 2023. [ 31]

Is Michael Burry a 'big short' investor?

" 'Big Short' investor Michael Burry says he is no longer short Tesla stock". markets.businessinsider.com. Retrieved 2021-11-22. ^ "Michael Burry of 'Big Short' Bets Against Cathie Wood's ARKK". Bloomberg.com. 16 August 2021. Retrieved 2021-08-17. ^ "The Big Short investor Michael Burry bets $1.6bn on stock market crash". Sky News.

Does Michael Burry own Scion Asset Management?

Scion Asset Management, a hedge fund managed by Michael Burry, disclosed 16 security holdings in their SEC 13F filing for the first quarter of 2024, with a total portfolio value of $103,488,000 As of Q1 2024, Michael Burry’s portfolio highlights his strategic investments and adjustments in various sectors.

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