13F filing recap · Q2 2024

What did Scion Asset Management buy in Q2 2024?

Reported stock-position changes between this filing and the previous one.

Stock value

$52.49M

Positions

Estimated turnover

133.4%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Scion Asset Management opened new positions in Shift4 Payments, Molina Healthcare, Hudson Pacific Properties, Olaplex Holdings, and Bioatla. It exited Advance Auto Parts, BP, Cigna, Citigroup, First Solar, HCA Healthcare, Vital Energy, Sprott Physical Gold Trust, Block, Star Bulk Carriers, and Safe Bulkers. The firm added to Alibaba and substantially increased its Baidu stake, while trimming JD.com and The RealReal.

New positions

FOURShift4 Payments, Inc.$7.33Mreported value+100.0K shares MOHMolina Healthcare, Inc.$7.29Mreported value+24.5K shares HPPHudson Pacific Properties, Inc.$5.50Mreported value+1.14M shares OLPXOlaplex Holdings, Inc.$1.53Mreported value+995.3K shares

Increased positions

BABAAlibaba Group Holding Limited$11.16Mreported value+30.0K shares+24.0%BIDUBaidu, Inc.$6.49Mreported value+35.0K shares+87.5%

Reduced positions

JDJd.com, Inc.$6.46Mreported value-110.0K shares-30.6%REALThe Realreal, Inc.$3.19Mreported value-412.7K shares-29.2%

Exited positions

HCAHCA Healthcare, Inc.$8.34Mprior reported value-25.0K shares-100.0%CCitigroup Inc$7.91Mprior reported value-125.0K shares-100.0%PHYSSprott Physical Gold Trust$7.62Mprior reported value-440.7K shares-100.0%XYZBlock, Inc.$7.61Mprior reported value-90.0K shares