Scion Asset Management
Picture
Moves
Options: 2 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Positions
| EXPEExpedia Group, Inc. | 9.82% | 100,000 | $11M | new | +9.82 pp | new |
| CHTRCharter Comm Inc Del CL A New | 8.25% | 25,000 | $9M | new | +8.25 pp | new |
| GNRCGenerac Holdings Inc | 7.37% | 55,000 | $8M | new | +7.37 pp | new |
| CIThe Cigna Group | 6.93% | 27,500 | $8M | added+10% | +0.96 pp | 2 q |
| CVSCvs Health Corporation | 6.21% | 100,000 | $7M | new | +6.21 pp | new |
| MGMMgm Resorts International | 5.92% | 150,000 | $7M | new | +5.92 pp | new |
| STLAStellantis N.V. | 5.12% | 325,000 | $6M | new | +5.12 pp | new |
| LPINVital Energy Inc | 5.07% | 125,000 | $6M | new | +5.07 pp | new |
| SIGSignet Jewelers Limited | 4.98% | 85,000 | $6M | trimmed−32% | −4.11 pp | 2 q |
| WBDWarner Bros. Discovery, Inc. Series A | 4.22% | 375,000 | $5M | new | +4.22 pp | new |
| GEOThe GEO Group, Inc. | 3.86% | 600,000 | $4M | added+50% | +0.91 pp | 5 q |
| LILAKLiberty Latin America Ltd. Class C | 3.48% | 450,000 | $4M | trimmed−44% | −2.70 pp | 2 q |
| FRACKeane Group, Inc. | 3.21% | 400,000 | $4M | new | +3.21 pp | new |
| REALThe RealReal, Inc. | 2.99% | 1,500,000 | $3M | added×2.2 | +2.18 pp | 2 q |
| SBLKStar Bulk Carriers Corp. | 2.94% | 184,740 | $3M | new | +2.94 pp | new |
| CRGYCrescent Energy Company | 2.28% | 243,963 | $3M | new | +2.28 pp | new |
| NXSTNexstar Media Group, Inc. | 2.24% | 15,000 | $2M | new | +2.24 pp | new |
| CRKComstock Resources, Inc. | 2.08% | 200,000 | $2M | new | +2.08 pp | new |
| NYCBFlagstar Bank, National Association | 2.02% | 200,000 | $2M | trimmed−76% | −5.17 pp | 2 q |
| IHRTiHeartMedia, Inc. Class A | 1.96% | 600,000 | $2M | new | +1.96 pp | new |
| HN9Hanesbrands Inc | 1.63% | 400,000 | $2M | new | +1.63 pp | new |
| unresolvedQurate Retail Inc | 1.33% | 1,500,000 | $1M | new | +1.33 pp | new |
| CMRECostamare Inc. | 1.09% | 125,000 | $1M | new | +1.09 pp | new |
| unresolvedHudson Pac Pptys Inc | 0.95% | 250,000 | $1M | new | +0.95 pp | new |
| SCJiShares MSCI Japan Small-Cap ETF | 0.83% | 13,500 | $923,091 | new | +0.83 pp | new |
| FLJPFranklin FTSE Japan ETF | 0.73% | 30,000 | $811,500 | new | +0.73 pp | new |
| CMBTCmb.tech NV | 0.72% | 52,900 | $805,138 | new | +0.72 pp | new |
| EWJiShares MSCI Japan ETF | 0.56% | 10,000 | $619,000 | new | +0.56 pp | new |
| PDSPrecision Drilling Corporation | 0.51% | 11,630 | $569,060 | new | +0.51 pp | new |
| SBSafe Bulkers, Inc. | 0.37% | 127,525 | $415,732 | new | +0.37 pp | new |
| EWJViShares MSCI Japan Value ETF | 0.33% | 13,600 | $372,096 | new | +0.33 pp | new |
| JDJD.com, Inc. | — | −250,000 | — | exited | −10.26 pp | — |
| BABAAlibaba Group Holding Limited | — | −100,000 | — | exited | −9.56 pp | — |
| ZMZoom Communications, Inc. Class A | — | −100,000 | — | exited | −6.91 pp | — |
| COFCapital One Financial | — | −75,000 | — | exited | −6.74 pp | — |
| SBSWSibanye-Stillwater | — | −800,000 | — | exited | −6.22 pp | — |
| COHRCoherent Corp. | — | −125,000 | — | exited | −4.45 pp | — |
| WFCWells Fargo & Co. | — | −125,000 | — | exited | −4.37 pp | — |
| WALWestern Alliance Bancorporation | — | −125,000 | — | exited | −4.15 pp | — |
| CTRACoterra Energy Inc. | — | −150,000 | — | exited | −3.44 pp | — |
| NOVNOV Inc. | — | −143,594 | — | exited | −2.49 pp | — |
| DVNDevon Energy Corporation | — | −48,298 | — | exited | −2.29 pp | — |
| PACWPacWest Bancorp | — | −250,000 | — | exited | −2.27 pp | — |
| FRCBFirst Republic Bk CA | — | −150,000 | — | exited | −1.96 pp | — |
| HBANHuntington Bancshares Inc | — | −184,900 | — | exited | −1.94 pp | — |
| OVVOvintiv Inc. | — | −22,500 | — | exited | −0.76 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| SPY PUT | 54.54% | 2,000,000 | $887M |
| QQQ PUT | 45.46% | 2,000,000 | $739M |
Notes