Acquirersmultiple·2025-11-10 01:17Core Insights - Michael Burry's Scion Asset Management reported a portfolio valued at $1.38 billion, with Palantir Technologies and NVIDIA making up nearly 80% of total assets [1][2][14] - The portfolio reflects a concentrated and aggressive long bias, particularly in AI and energy sectors, marking a shift from Burry's historically defensive stance [2][14][15] Holdings Summary - Palantir Technologies Inc. (PLTR): Represents 66.04% of total assets, with 5,000,000 shares valued at $912.1 million, indicating strong conviction in its role in AI and defense technology [3][4] - NVIDIA Corp. (NVDA): Accounts for 13.51% of total assets, with 1,000,000 shares worth $186.6 million, highlighting a recognition of its importance in AI infrastructure [5][14] - Pfizer Inc. (PFE): Holds call options valued at $152.9 million (11.07%), reflecting a contrarian bet on the normalization of pharmaceuticals post-pandemic [6] - Halliburton Co. (HAL): Call options valued at $61.5 million (4.45%), providing exposure to potential rebounds in oilfield activity [7] - Molina Healthcare Inc. (MOH): Represents 1.73% of the portfolio with 125,000 shares worth $23.9 million, offering stable cash flow exposure [8] - Lululemon Athletica Inc. (LULU): Re-entered with 100,000 shares valued at $17.8 million (1.29%), indicating a valuation reset opportunity [9] - SLM Corp. (SLM): Added 480,054 shares valued at $13.3 million (0.96%), reflecting an opportunistic play on the student-loan cycle [10] - Bruker Corp. (BRKRP): Holds 48,334 preferred convertible shares valued at $13.1 million (0.95%), aligning with an asymmetric risk-reward strategy [11] Exits Summary - Scion fully exited several prior holdings, including UnitedHealth Group, Regeneron, Meta Platforms, Estée Lauder, JD.com, and Alibaba, indicating a pivot away from mega-cap and China exposure towards AI, energy, and U.S. value names [12]