Scion Portfolio Turnover Rates & Annualized Holding Periods

Contrary to the buy-and-hold ethos popularized by Warren Buffett, Michael Burry manages Scion Asset Management with hyper-aggressive portfolio velocity. Quantitative turnover audits inside the Michael Burry Scion 13F portfolio tracker reveal average holding periods often measured in quarters rather than years.

Burry’s annualized portfolio turnover rate frequently exceeds 200% to 400%, reflecting a clinical tactical discipline. When an undervalued deep-value equity rallies 30% to 50% toward his estimate of intrinsic value, Burry systematically liquidates the holding to redeploy capital into newer, more deeply discounted opportunities.

This high-velocity capital recycling allows Scion to compound returns rapidly during volatile, oscillating sideways markets where passive buy-and-hold strategies stagnate, demonstrating that value investing can be executed through dynamic tactical trading rather than permanent ownership.