Scion Asset Management (Michael Burry)
Michael Burry (founder; 'The Big Short')
The most famous AI-bubble short of the cycle: Burry's bet that AI hyperscaler/chip earnings are inflated by aggressive hardware-depreciation accounting, expressed via puts on Nvidia and Palantir before he wound the fund down to focus on his Substack.
SizePrivate
TypeHedge fund
Top holdingNVDA
Positions
Short positions
NVDANvidia
Q3 2025 13F: puts on 1,000,000 NVDA shares
PLTRPalantir
Q3 2025 13F: puts on 5,000,000 PLTR shares; combined NVDA+PLTR put notional ~$1.1B
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