SCOPUS ASSET MANAGEMENT L P's Q1 2023 13F: 57 new positions, 45 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 127 reported positions · accession 0001104659-23-060732
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | FEDEX CORP (FDX) | 1.0% | 4.3% | +3.3 pts | +360K sh | +248% |
| Exited | COLGATE PALMOLIVE CO (CL) | 2.8% | — | −2.8 pts | −888K sh | −100% |
| Exited | STARBUCKS CORP (SBUX) | 2.7% | — | −2.7 pts | −675K sh | −100% |
| Exited | RESTAURANT BRANDS INTL INC (QSR) | 2.6% | — | −2.6 pts | −1M sh | −100% |
| New | META PLATFORMS INC (META) | — | 2.4% | +2.4 pts | +300K sh | new |
| New | WYNN RESORTS LTD (WYNN) | — | 2.3% | +2.3 pts | +550K sh | new |
| New | MONDELEZ INTL INC (MDLZ) | — | 1.9% | +1.9 pts | +750K sh | new |
| New | SKECHERS U S A INC (SKX) | — | 1.9% | +1.9 pts | +1.1M sh | new |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | — | 1.9% | +1.9 pts | +375K sh | new |
| New | PROCTER AND GAMBLE CO (PG) | — | 1.7% | +1.7 pts | +300K sh | new |
| Exited | HARLEY DAVIDSON INC (HOG) | 1.6% | — | −1.6 pts | −925K sh | −100% |
| Increased | BURLINGTON STORES INC (BURL) | 2.9% | 4.0% | +1.2 pts | +188K sh | +54% |
| New | WABTEC (WAB) | — | 1.4% | +1.4 pts | +368K sh | new |
| New | WALMART INC (WMT) | — | 1.4% | +1.4 pts | +250K sh | new |
| New | IAC INC (IAC) | — | 1.3% | +1.3 pts | +675K sh | new |
| Reduced | TELEDYNE TECHNOLOGIES INC (TDY) | 1.6% | 0.4% | −1.2 pts | −76,494 sh | −77% |
| Exited | CELSIUS HLDGS INC (CELH) | 1.3% | — | −1.3 pts | −300K sh | −100% |
| Exited | COCA COLA CO (KO) | 1.3% | — | −1.3 pts | −488K sh | −100% |
| Exited | DOLLAR GEN CORP NEW (DG) | 1.2% | — | −1.2 pts | −125K sh | −100% |
| Exited | D R HORTON INC (DHI) | 1.2% | — | −1.2 pts | −342K sh | −100% |
| Reduced | CONSOL ENERGY INC NEW (CEIX) | 1.6% | 0.1% | −1.5 pts | −560K sh | −93% |
| Increased | LAUDER ESTEE COS INC (EL) | 1.9% | 3.0% | +1.0 pts | +131K sh | +68% |
| Exited | MCDONALDS CORP (MCD) | 1.2% | — | −1.2 pts | −113K sh | −100% |
| Reduced | COMMERCIAL METALS CO (CMC) | 2.4% | 1.0% | −1.3 pts | −650K sh | −53% |
| Exited | NIKE INC (NKE) | 1.2% | — | −1.2 pts | −249K sh | −100% |
| Exited | LIBERTY MEDIA CORP DEL (FWONK) | 1.1% | — | −1.1 pts | −475K sh | −100% |
| Exited | RAYTHEON TECHNOLOGIES CORP (RTX) | 1.1% | — | −1.1 pts | −281K sh | −100% |
| Increased | SIMPLY GOOD FOODS CO (SMPL) | 0.7% | 1.8% | +1.1 pts | +763K sh | +174% |
| New | COSTCO WHSL CORP NEW (COST) | — | 1.1% | +1.1 pts | +61,000 sh | new |
| Exited | MACYS INC (M) | 1.1% | — | −1.1 pts | −1.3M sh | −100% |
| Exited | HONEYWELL INTL INC (HON) | 1.0% | — | −1.0 pts | −118K sh | −100% |
| Increased | TJX COS INC NEW (TJX) | 1.0% | 1.9% | +0.9 pts | +350K sh | +117% |
| New | PPG INDS INC (PPG) | — | 1.0% | +1.0 pts | +205K sh | new |
| Exited | TOPGOLF CALLAWAY BRANDS CORP (CALY) | 1.0% | — | −1.0 pts | −1.28M sh | −100% |
| Reduced | RELIANCE STEEL & ALUMINUM CO (RS) | 3.1% | 2.6% | −0.5 pts | −105K sh | −28% |
| New | DRAFTKINGS INC NEW (DKNG) | — | 1.0% | +1.0 pts | +1.38M sh | new |
| Reduced | PVH CORPORATION (PVH) | 1.5% | 0.7% | −0.7 pts | −290K sh | −57% |
| New | DOORDASH INC (DASH) | — | 0.9% | +0.9 pts | +400K sh | new |
| Exited | GENERAL DYNAMICS CORP (GD) | 0.9% | — | −0.9 pts | −93,505 sh | −100% |
| Increased | LINDE PLC (LIN) | 1.4% | 2.4% | +0.9 pts | +70,000 sh | +64% |
| Reduced | ACTIVISION BLIZZARD INC (ATVI) | 1.3% | 0.5% | −0.8 pts | −275K sh | −65% |
| New | BATH & BODY WORKS INC (BBWI) | — | 0.9% | +0.9 pts | +625K sh | new |
| Exited | ISHARES TR (ITB) | 0.8% | — | −0.8 pts | −343K sh | −100% |
| Reduced | DECKERS OUTDOOR CORP (DECK) | 1.6% | 0.8% | −0.8 pts | −50,000 sh | −50% |
| New | BOEING CO (BA) | — | 0.8% | +0.8 pts | +105K sh | new |
| Exited | NORTHROP GRUMMAN CORP (NOC) | 0.8% | — | −0.8 pts | −36,910 sh | −100% |
| Reduced | LAS VEGAS SANDS CORP (LVS) | 1.5% | 0.9% | −0.7 pts | −375K sh | −48% |
| Exited | CHEESECAKE FACTORY INC (CAKE) | 0.8% | — | −0.8 pts | −625K sh | −100% |
| New | MCCORMICK & CO INC (MKC) | — | 0.8% | +0.8 pts | +253K sh | new |
| New | DSV A/S | — | 0.8% | +0.8 pts | +107K sh | new |
The 50 largest of 168 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 27.1% of the equity book
Changes in the top 10 this quarter: FDX entered · LIN entered · META entered · WYNN entered · MDLZ entered · SKX entered · CL left · SBUX left · QSR left · CMC left · CFR left · MNST left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | FEDEX CORP (FDX) | 1.0% | 4.3% | Entered the top 10 |
| 2 | BURLINGTON STORES INC (BURL) | 2.9% | 4.0% | |
| 3 | LAUDER ESTEE COS INC (EL) | 1.9% | 3.0% | |
| 4 | RELIANCE STEEL & ALUMINUM CO (RS) | 3.1% | 2.6% | |
| 5 | LINDE PLC (LIN) | 1.4% | 2.4% | Entered the top 10 |
| 6 | META PLATFORMS INC (META) | 0.0% | 2.4% | Entered the top 10 |
| 7 | WYNN RESORTS LTD (WYNN) | 0.0% | 2.3% | Entered the top 10 |
| 8 | TEMPUR SEALY INTL INC (SGI) | 1.7% | 2.3% | |
| 9 | MONDELEZ INTL INC (MDLZ) | 0.0% | 1.9% | Entered the top 10 |
| 10 | SKECHERS U S A INC (SKX) | 0.0% | 1.9% | Entered the top 10 |
| — | COLGATE PALMOLIVE CO (CL) | 2.8% | 0.0% | Left the top 10 |
| — | STARBUCKS CORP (SBUX) | 2.7% | 0.0% | Left the top 10 |
| — | RESTAURANT BRANDS INTL INC (QSR) | 2.6% | 0.0% | Left the top 10 |
| — | COMMERCIAL METALS CO (CMC) | 2.4% | 1.0% | Left the top 10 |
| — | CULLEN FROST BANKERS INC (CFR) | 2.2% | 1.9% | Left the top 10 |
| — | MONSTER BEVERAGE CORP NEW (MNST) | 1.6% | 1.6% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Reduced | INVESCO QQQ TR (QQQ) | Call | 500K | 100K | $32.1M |
| New | INVESCO QQQ TR (QQQ) | Put | 0 | 250K | $80.2M |
| Exited | ISHARES TR (IWM) | Call | 400K | 0 | $0 |
| New | WALMART INC (WMT) | Call | 0 | 450K | $66.4M |
| Increased | SPDR S&P 500 ETF TR (SPY) | Put | 20,000 | 150K | $61.4M |
| Increased | LULULEMON ATHLETICA INC (LULU) | Call | 50,000 | 138K | $50.1M |
| Increased | UNITED RENTALS INC (URI) | Call | 50,000 | 125K | $49.5M |
| New | STARBUCKS CORP (SBUX) | Call | 0 | 300K | $31.2M |
| New | PARKER-HANNIFIN CORP (PH) | Call | 0 | 80,000 | $26.9M |
| New | META PLATFORMS INC (META) | Put | 0 | 125K | $26.5M |
| Exited | NUCOR CORP (NUE) | Put | 200K | 0 | $0 |
| New | DOLLAR GEN CORP NEW (DG) | Put | 0 | 125K | $26.3M |
| Exited | LULULEMON ATHLETICA INC (LULU) | Put | 80,000 | 0 | $0 |
| New | KROGER CO (KR) | Put | 0 | 500K | $24.7M |
| Exited | HASBRO INC (HAS) | Put | 400K | 0 | $0 |
| New | OLD DOMINION FREIGHT LINE IN (ODFL) | Put | 0 | 70,000 | $23.9M |
| New | WESCO INTL INC (WCC) | Call | 0 | 150K | $23.2M |
| Exited | DILLARDS INC (DDS) | Put | 67,500 | 0 | $0 |
| Exited | COMMERCIAL METALS CO (CMC) | Put | 450K | 0 | $0 |
| Increased | SELECT SECTOR SPDR TR (XLI) | Put | 200K | 400K | $40.5M |
| New | MCCORMICK & CO INC (MKC) | Put | 0 | 250K | $20.8M |
| New | SELECT SECTOR SPDR TR (XLI) | Call | 0 | 200K | $20.2M |
| New | AIRBNB INC (ABNB) | Put | 0 | 163K | $20.2M |
| Exited | LOWES COS INC (LOW) | Put | 100K | 0 | $0 |
| Exited | STARBUCKS CORP (SBUX) | Put | 200K | 0 | $0 |