Overview
- SEC records show Scion’s investment adviser registration was terminated on Nov. 10, removing its obligation to file future 13F reports.
- After headlines citing a $912 million notional bet, Burry said he spent $9.2 million on 50,000 Palantir put contracts expiring in 2027 with a $50 strike.
- Scion’s final, backward-looking 13F filed Nov. 3 reflected Sept. 30 positions and highlighted bearish options tied to Palantir and Nvidia.
- Burry began the wind-down in an Oct. 27 letter, telling investors he would liquidate funds and return capital by year’s end.
- He teased “much better things” for Nov. 25 and has recently questioned AI leaders’ valuations and accounting practices, though his future positions will be harder to track.