Overview
- Scion disclosed put options on roughly 5 million Palantir shares with about $912 million notional value and 1 million Nvidia shares at about $187 million.
- Together the two trades accounted for about 80% of Scion’s reported U.S. equity holdings as total notional exposure rose 139% to $1.38 billion from the prior quarter.
- The positions are as of September 30 per 13F rules, so it is not known whether they are still held or how they have changed since then.
- In early Tuesday trading, Palantir fell about 6.6% and Nvidia slipped roughly 1.8% to 2% after reports of Burry’s wagers.
- The filing also showed new stakes in Lululemon, Molina, and SLM, call options on Halliburton and Pfizer, and exits from Estee Lauder, Regeneron, MercadoLibre, and UnitedHealth.