Scion Asset Management, LLC is a private investment management firm founded in 2013 by Dr. Michael J. Burry, renowned for his contrarian and value-oriented investing style famously depicted in the film *The Big Short* for predicting the U.S. housing crisis[1][4]. Headquartered in Saratoga, California, the firm primarily serves institutional clients and high-net-worth individuals, managing multiple private investment funds including Scion Master G7 and Scion Value G7, which operate through both onshore and offshore structures[2]. The firm’s investment philosophy centers on deep fundamental research and value investing, seeking undervalued or misunderstood securities, often in out-of-favor markets or special situations. Scion applies a holistic approach that incorporates fundamental, technical, and macroeconomic analysis to identify mispriced assets while emphasizing risk management and margin of safety. The firm also employs derivative instruments, such as options and credit default swaps, to hedge risks or enhance returns[1][2]. Scion’s portfolio typically includes a concentrated number of equity positions, frequently rotating holdings to exploit market inefficiencies. Notable recent holdings include technology giants like NVIDIA Corporation and Palantir Technologies, along with healthcare and consumer companies such as Molina Healthcare and Lululemon Athletica. Their most recent 13F SEC filings report a portfolio value around $1 billion, reflecting active management and occasional adjustments in holdings[1][3][5]. Key achievements include lasting recognition for Dr. Burry’s prescient investment calls during the 2008 financial crisis and continued reputation for disciplined, contrarian investment strategies. While the firm does not manage money for retail clients, it is respected in the hedge fund community for its rigorous research and long-term capital appreciation focus[2][7]. Currently, Scion Asset Management remains a relatively small but influential hedge fund, known for strategic, research-driven investing under Burry’s leadership, maintaining a selective and dynamic portfolio aligned with its value-driven ethos[