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Michael Burry

Scion Asset Management

Michael Burry Now Inc stake

total: 173

Scion Asset Management DNOW trades

Total transactions:
5
New positions:
2
Sold out:
2
Reduced:
1
Held since:
2021 Q3
Held for:
1 quarter
Latest activity:
2021 Q4
According to 2025 Q3 report, Michael Burry doesn't hold any Now Inc (DNOW) shares. To date, the estimated cost basis is nearly $7.65 for "buy" trades and estimated average "sell" price is $7.65. Scion Asset Management first purchased DNOW in 2020 Q4, initially acquiring about 1.50M shares. Michael Burry later completely sold out the position and invested in Now Inc again in 2021 Q3. Since the initial investment in Now Inc (DNOW), Scion Asset Management has made 4 more transactions.

When did Michael Burry sell Now Inc (DNOW)?

Michael Burry sold off the entire Now Inc (DNOW) position in 2021 Q4.

When did Michael Burry buy Now Inc (DNOW)?

Michael Burry first invested in Now Inc (DNOW) in 2020 Q4 at the reported quarter-end price of $7.18 per share.

What's the cost basis of Scion Asset Management's DNOW stake?

The estimated cost basis for Now Inc (DNOW) stake is around $7.65 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$7.65
Weighted AVG sell price:
$7.65

Michael Burry's historical trades in Now Inc

5 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2021 Q4
0.00%
0
$7.65
-100% (-150,000)
-2.75%
2021 Q3
2.75%
150,000
$7.65
$1,148,000
new
+2.75%
2021 Q2
0.00%
0
$10.09
-100% (-700,000)
-6.07%
2021 Q1
6.07%
700,000
$10.09
$7,063,000
-53.33% (-800,000)
-5.77%
2020 Q4
7.70%
$7.18
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.