13F filing recap · Q3 2024

What did Scion Asset Management buy in Q3 2024?

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

Stock value

$83.06M

Positions

Estimated turnover

53.1%

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 exited Bioatla and Hudson Pacific Properties during the quarter. It added to Alibaba, JD.com, Shift4 Payments, Baidu, and Molina Healthcare, with the JD.com increase standing out as particularly sharp. The firm also substantially trimmed The RealReal and American Coastal Insurance.

Increased positions

BABAAlibaba Group Holding Limited$21.22Mreported value+45.0K shares+29.0%JDJd.com, Inc.$20.00Mreported value+250.0K shares+100.0%FOURShift4 Payments, Inc.$13.29Mreported value+50.0K shares+50.0%BIDUBaidu, Inc.$13.16Mreported value+50.0K shares+66.7%MOHMolina Healthcare, Inc.$10.34Mreported value+5.5K shares+22.3%OLPXOlaplex Holdings, Inc.$2.35Mreported value+4.8K shares+0.5%

Reduced positions

REALThe Realreal, Inc.$1.57Mreported value-500.0K shares-50.0%ACICAmerican Coastal Insurance Corporation$1.13Mreported value-151.9K shares-60.3%

Exited positions

HPPHudson Pacific Properties, Inc.$5.50Mprior reported value-1.14M shares-100.0%BCABBioatla, Inc.$868.5Kprior reported value-634.0K shares-100.0%