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User

Michael Burry

Scion Asset Management

Michael Burry The Michaels Companies Inc stake

total: 173

Scion Asset Management MIK trades

Total transactions:
2
New positions:
1
Sold out:
1
Held since:
2020 Q1
Held for:
1 quarter
Latest activity:
2020 Q2
According to 2025 Q3 report, Michael Burry doesn't hold any The Michaels Companies Inc (MIK) shares. To date, the estimated cost basis is nearly $1.62 for "buy" trades and estimated average "sell" price is $1.62. Scion Asset Management first purchased MIK in 2020 Q1, initially acquiring about 3.25M shares. Since the initial investment in The Michaels Companies Inc (MIK), Scion Asset Management has made 1 more transaction.

When did Michael Burry sell The Michaels Companies Inc (MIK)?

Michael Burry sold off the entire The Michaels Companies Inc (MIK) position in 2020 Q2.

When did Michael Burry buy The Michaels Companies Inc (MIK)?

Michael Burry first invested in The Michaels Companies Inc (MIK) in 2020 Q1 at the reported quarter-end price of $1.62 per share.

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

The estimated cost basis for The Michaels Companies Inc (MIK) stake is around $1.62 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$1.62
Weighted AVG sell price:
$1.62

Michael Burry's historical trades in The Michaels Companies Inc

2 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2020 Q2
0.00%
$1.62
-100% (-3,250,000)
2020 Q1
6.69%
$1.62
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.