Scion Asset Management

Private Investment Firm California, United States ·Founded 2013

Overview

Scion Asset Management is a private investment firm founded by Dr. Michael Burry, renowned for his role in predicting the 2008 financial crisis. The firm specializes in value-oriented investment strategies across multiple asset classes, including equity and fixed income. It employs a contrarian approach, often taking positions that are unpopular or overlooked by other investors. The firm's investment focus spans various stages, such as growth, late stage, pre-IPO, buyout, turnaround, and distressed situations. Geographically, Scion Asset Management has investments in the United States, China, and South Korea, reflecting a diverse international portfolio. The industries targeted by the firm include technology, healthcare, financial services, consumer goods, real estate, energy, media, telecommunications, retail, transportation, utilities, materials, consumer services, basic materials, and industrials. Scion Asset Management is known for its relatively concentrated portfolio and contrarian investment approach. Dr. Burry's strategy often involves deep fundamental analysis and a willingness to take positions that might be unpopular or overlooked by other investors. The firm has a history of making significant profits for its investors, notably during the subprime mortgage crisis, where it achieved substantial returns by shorting overvalued mortgage-backed securities. This track record underscores its commitment to value-oriented investment strategies and its ability to navigate complex market conditions.

Investment Focus

  • Accredited investors only
  • Long-term investment horizon

Portfolio Companies

JD.com Inc.Alibaba Group Holding Ltd.Shift4 Payments, Inc.Molina Healthcare, Inc.Baidu, Inc.Hudson Pacific Properties Inc.The RealReal, Inc.American Coastal Insurance CorporationOlaplex Holdings, Inc.BioAtla Inc.

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Frequently asked questions about Scion Asset Management

What sectors does Scion Asset Management invest in?

Scion Asset Management invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Industrials, and is based in California, United States. Scion Asset Management is listed as a private investment firm in the ConnectSafely investor database.

What stage does Scion Asset Management invest at?

Scion Asset Management backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 100M.

Which regions does Scion Asset Management invest in?

Scion Asset Management invests across United States, China and South Korea.

What companies has Scion Asset Management invested in?

Scion Asset Management's portfolio includes JD.com Inc., Alibaba Group Holding Ltd., Shift4 Payments, Inc., Molina Healthcare, Inc., Baidu, Inc., Hudson Pacific Properties Inc., The RealReal, Inc. and American Coastal Insurance Corporation.

Last updated · Source: ConnectSafely investor database