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Scion Asset Management has just updated its Portfolio. The latest 13F filing reveals its investments as of September 30, 2025. Interesting.
The most notable changes seem to be:
BABA: Sold everything. 150,000 shares less. About $21,750,000.
JD: Also out. 300,000 shares, $13,500,000.
BIDU: Another goodbye. 125,000 shares, $12,187,500.
PDD: Sold 75,000 shares. $9,375,000.
MOH: 25,000 shares less. $8,750,000.
EL: Surprise. Bought 100,000 shares. $7,200,000.
Curious. It looks like an overall cleanup. Why? It’s not entirely clear.
Watch out, these numbers might not be perfect. Funds sometimes make mistakes when reporting. Or we do when analyzing. Things that happen.