Home / Business and Economy / Renowned Investor Michael Burry Deregisters Hedge Fund Scion Asset Management
Renowned Investor Michael Burry Deregisters Hedge Fund Scion Asset Management
13 Nov, 2025
Summary
- Michael Burry, known for betting against the 2008 housing market, deregisters his hedge fund Scion Asset Management
- Burry recently revealed bets against AI companies Nvidia and Palantir
- Scion Asset Management had around $155 million in assets under management as of March 2025
In a significant development, renowned investor Michael Burry, who gained fame for his successful bets against the U.S. housing market during the 2008 financial crisis, has deregistered his hedge fund Scion Asset Management. According to the Securities and Exchange Commission's database, Scion's registration status was "terminated" as of November 10th, 2025.
Burry, whose story was chronicled in the book and film "The Big Short," has been closely watched by investors for clues on potential market bubbles and frothy valuations. In a recent post on the social media platform X.com, he stated that he is moving on to "much better things" as of November 25th, 2025.
Scion Asset Management, which had around $155 million in assets under management as of March 2025, has not yet responded to a request for comment. Burry has also recently revealed bets against AI heavyweights Nvidia and Palantir Technologies, further underscoring his contrarian investment approach.
