Scion Asset Management
Picture
Moves
Options: 13 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- added+3.87
- added+4.54
- new+7.62
- trimmed−0.56
- new+7.11
Positions
| CXWCoreCivic, Inc. | 8.55% | 1,100,000 | $10M | added+10% | +3.87 pp | 2 q |
| IMKTAIngles Markets Inc | 7.94% | 150,000 | $9M | added+35% | +4.54 pp | 2 q |
| ZYMEZymeworks Inc. | 7.62% | 281,018 | $9M | new | +7.62 pp | new |
| LUMNLumen Technologies, Inc. | 7.45% | 650,000 | $9M | trimmed−43% | −0.56 pp | 3 q |
| CVSCvs Health Corporation | 7.11% | 110,000 | $8M | new | +7.11 pp | new |
| SXCSuncoke Energy Inc | 6.62% | 1,100,000 | $8M | added+42% | +4.21 pp | 2 q |
| DNOWDNOW Inc. | 6.07% | 700,000 | $7M | trimmed−53% | −1.63 pp | 2 q |
| RPTRpt Realty | 5.88% | 600,000 | $7M | trimmed−40% | −0.30 pp | 3 q |
| TBTProShares Trust UltraShort Lehman 20+ Year Treasury | 5.60% | 300,000 | $7M | new | +5.60 pp | new |
| OXYOccidental Petroleum Corporation | 5.15% | 225,000 | $6M | new | +5.15 pp | new |
| unresolvedVector Acquisition Corp | 4.69% | 461,591 | $5M | new | +4.69 pp | new |
| HPHelmerich & Payne, Inc. | 4.63% | 200,000 | $5M | new | +4.63 pp | new |
| PDSPrecision Drilling Corporation | 4.13% | 222,706 | $5M | new | +4.13 pp | new |
| 61YMarinus Pharmaceuticals Inc | 3.95% | 297,272 | $5M | new | +3.95 pp | new |
| MDPMeredith Corporation | 3.58% | 140,000 | $4M | new | +3.58 pp | new |
| GNKGenco Shipping & Trading Ltd | 3.07% | 354,711 | $4M | new | +3.07 pp | new |
| 2663476DGolden Ocean Group Ltd | 3.05% | 530,000 | $4M | new | +3.05 pp | new |
| STNGScorpio Tankers Inc. | 3.01% | 190,100 | $4M | new | +3.01 pp | new |
| unresolvedAerpio Pharmaceuticals Inc | 1.11% | 1,000,000 | $1M | new | +1.11 pp | new |
| WXBUrstadt Biddle - Class A | 0.75% | 52,512 | $874,000 | trimmed−88% | −3.54 pp | 3 q |
| unresolvedUniti Group Inc | — | −725,000 | — | exited | −6.08 pp | — |
| WDCWestern Digital Corp. | — | −150,000 | — | exited | −5.94 pp | — |
| ALLThe Allstate Corporation | — | −75,000 | — | exited | −5.89 pp | — |
| unresolvedQurate Retail Inc | — | −700,000 | — | exited | −5.49 pp | — |
| WFCWells Fargo & Co. | — | −250,000 | — | exited | −5.39 pp | — |
| DISCADiscovery, Inc. Series A | — | −250,000 | — | exited | −5.38 pp | — |
| GEOThe GEO Group, Inc. | — | −845,152 | — | exited | −5.35 pp | — |
| DBIDesigner Brands Inc. | — | −900,000 | — | exited | −4.92 pp | — |
| TAPMolson Coors Beverage Company Class B | — | −150,000 | — | exited | −4.85 pp | — |
| HFCHollyfrontier Corp | — | −250,000 | — | exited | −4.62 pp | — |
| KBALKimball International | — | −500,000 | — | exited | −4.27 pp | — |
| MSGNMSG Networks Inc. | — | −345,000 | — | exited | −3.63 pp | — |
| ARCCAres Capital Corporation | — | −125,000 | — | exited | −1.51 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| TSLA PUT | 43.18% | 800,100 | $534M |
| TLT PUT | 13.86% | 1,266,400 | $172M |
| GOOG CALL | 13.37% | 80,000 | $165M |
| META CALL | 13.09% | 550,000 | $162M |
| TBT CALL | 4.46% | 2,536,000 | $55M |
| KHC CALL | 3.80% | 1,174,800 | $47M |
| IWO PUT | 3.42% | 140,900 | $42M |
| CVS CALL | 2.43% | 400,000 | $30M |
| NTAP CALL | 1.76% | 300,000 | $22M |
| TTT CALL | 0.37% | 100,000 | $5M |
| TMV CALL | 0.25% | 38,400 | $3M |
Notes