### Michael Burry Closes Scion Asset Management: A Significant Shift in Hedge Fund Landscape Michael Burry, the investor renowned for his prescient bet against the U.S. housing market in 2008, has officially closed his hedge fund, Scion Asset Management. This decision marks the end of an era for Burry, who gained fame through his successful predictions and was featured in the film "The Big Short." The closure comes amid a challenging environment for short sellers and follows Burry's recent bearish stance on major tech stocks, particularly Nvidia and Palantir, which he has targeted with put options. The deregistration of his fund with the SEC indicates a significant shift in his investment strategy and public presence in the financial markets [https://www.newsbytesapp.com/news/business/wall-street-legend-michael-burry-closes-hedge-fund/story][https://finance.yahoo.com/news/michael-burry-scion-hedge-fund-105203198.html]. ### Overview of Burry's Hedge Fund Closure and Investment Strategy 1. **Closure of Scion Asset Management**: - Burry has officially shut down his hedge fund, Scion Asset Management, as of November 10, 2025, according to SEC filings [https://finance.yahoo.com/news/michael-burry-scion-hedge-fund-105203198.html]. - This move follows a difficult period for short sellers, with other funds like Hindenburg Research also closing down earlier in the year [https://www.timesnownews.com/world/us/us-news/who-is-michael-burry-big-short-hedge-fund-scion-asset-management-article-153148665]. 2. **Investment Strategy Shift**: - Despite closing his fund, Burry has made significant investments, betting $282.5 million on six stocks while simultaneously placing bearish bets against Nvidia and Palantir [https://dailyhodl.com/2025/11/14/legendary-investor-michael-burry-bets-282500000-on-six-stocks-after-turning-bearish-on-nvidia-and-palantir]. - His recent actions suggest a strategic pivot towards identifying overvalued stocks, particularly in the tech sector, which he believes are disconnected from their underlying fundamentals [https://www.afr.com/world/north-america/big-short-investor-michael-burry-shuts-down-hedge-fund-20251114-p5nfej?instance=2025-11-14-12-00-AEDT&jobid=32006994&list_name=EBE726C6-38DF-4725-9BE4-5091999D8384&mbnr=MzI3OTEzMDU&promote_channel=edmail]. 3. **Regulatory Changes**: - The deregistration of Scion Asset Management means that Burry is no longer required to file reports with the SEC, indicating a significant reduction in his public investment activities [https://networktoday.org/big-short-investor-deregisters-scion-hedge-fund-amid-bets-against-ai-titans]. - This regulatory change reflects a broader trend in the hedge fund industry, where many funds are reassessing their strategies in light of market conditions [https://laffaz.com/michael-burry-2008-housing-crash-predictor-deregisters-scion-asset-management]. ### Key Data Points and Implications - **Investment Amounts**: - Burry's recent investments include a total of **$282.5 million** across six stocks, indicating a substantial commitment to specific sectors despite his bearish outlook on others [https://dailyhodl.com/2025/11/14/legendary-investor-michael-burry-bets-282500000-on-six-stocks-after-turning-bearish-on-nvidia-and-palantir]. - **Market Sentiment**: - Burry's actions reflect a growing concern among investors regarding the valuation of tech stocks, particularly in the AI sector, which he has publicly criticized as overvalued [https://www.indexbox.io/blog/michael-burry-closes-scion-asset-management-hedge-fund]. ### Conclusion: The Future of Michael Burry and Market Dynamics In summary, **Michael Burry's closure of Scion Asset Management signifies a pivotal moment in his investment career and the broader hedge fund landscape**. His recent investments and bearish positions highlight a critical reassessment of market valuations, particularly in the tech sector. As Burry steps back from the public eye, the implications of his strategies and insights will continue to resonate within the investment community. 1. **Closure of Scion Asset Management**: Burry ends his hedge fund operations amid challenging market conditions. 2. **Strategic Investment Shift**: Despite closing his fund, he continues to invest heavily in select stocks while betting against others. 3. **Regulatory Changes**: The deregistration of his fund marks a significant change in his public investment activities. Burry's future moves will be closely watched as investors seek to understand the evolving dynamics of the market and the implications of his investment philosophy [https://newz9.com/michael-burry-of-the-big-short-shuts-down-scion-asset-management-what-it-means-for-investors].