SCOPUS ASSET MANAGEMENT L P's Q2 2023 13F: 54 new positions, 51 exits
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 130 reported positions · accession 0001104659-23-091297
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | FEDEX CORP (FDX) | 4.3% | — | −4.3 pts | −505K sh | −100% |
| Exited | BURLINGTON STORES INC (BURL) | 4.0% | — | −4.0 pts | −538K sh | −100% |
| Exited | LAUDER ESTEE COS INC (EL) | 3.0% | — | −3.0 pts | −325K sh | −100% |
| New | AMAZON COM INC (AMZN) | — | 2.5% | +2.5 pts | +550K sh | new |
| New | CONSTELLATION BRANDS INC (STZ) | — | 2.4% | +2.4 pts | +280K sh | new |
| New | HONEYWELL INTL INC (HON) | — | 2.4% | +2.4 pts | +324K sh | new |
| Exited | WYNN RESORTS LTD (WYNN) | 2.3% | — | −2.3 pts | −550K sh | −100% |
| Exited | SPOTIFY TECHNOLOGY S A (SPOT) | 1.9% | — | −1.9 pts | −375K sh | −100% |
| Reduced | META PLATFORMS INC (META) | 2.4% | 1.3% | −1.1 pts | −175K sh | −58% |
| New | ROSS STORES INC (ROST) | — | 1.6% | +1.6 pts | +416K sh | new |
| Exited | MONSTER BEVERAGE CORP NEW (MNST) | 1.6% | — | −1.6 pts | −800K sh | −100% |
| Increased | LULULEMON ATHLETICA INC (LULU) | 0.7% | 2.3% | +1.6 pts | +120K sh | +240% |
| New | SAIA INC (SAIA) | — | 1.5% | +1.5 pts | +128K sh | new |
| Increased | WASTE CONNECTIONS INC (WCN) | 0.1% | 1.6% | +1.5 pts | +300K sh | +1181% |
| New | JOHNSON CTLS INTL PLC (JCI) | — | 1.4% | +1.4 pts | +590K sh | new |
| Exited | WABTEC (WAB) | 1.4% | — | −1.4 pts | −368K sh | −100% |
| Exited | WALMART INC (WMT) | 1.4% | — | −1.4 pts | −250K sh | −100% |
| Exited | FLOOR & DECOR HLDGS INC (FND) | 1.3% | — | −1.3 pts | −359K sh | −100% |
| Exited | CAPRI HOLDINGS LTD (CPRI) | 1.3% | — | −1.3 pts | −750K sh | −100% |
| Increased | PROCTER AND GAMBLE CO (PG) | 1.7% | 2.8% | +1.1 pts | +220K sh | +73% |
| New | CROCS INC (CROX) | — | 1.2% | +1.2 pts | +294K sh | new |
| New | ACADEMY SPORTS & OUTDOORS IN (ASO) | — | 1.1% | +1.1 pts | +600K sh | new |
| Exited | COSTCO WHSL CORP NEW (COST) | 1.1% | — | −1.1 pts | −61,000 sh | −100% |
| Increased | AMETEK INC (AME) | 0.4% | 1.6% | +1.1 pts | +199K sh | +257% |
| Reduced | GXO LOGISTICS INCORPORATED (GXO) | 1.3% | 0.4% | −0.9 pts | −503K sh | −71% |
| New | COLGATE PALMOLIVE CO (CL) | — | 1.1% | +1.1 pts | +405K sh | new |
| Increased | QUANTA SVCS INC (PWR) | 0.8% | 1.9% | +1.1 pts | +146K sh | +111% |
| Exited | YUM BRANDS INC (YUM) | 1.0% | — | −1.0 pts | −200K sh | −100% |
| Exited | RALPH LAUREN CORP (RL) | 1.0% | — | −1.0 pts | −225K sh | −100% |
| Exited | ALIBABA GROUP HLDG LTD (BABA) | 1.0% | — | −1.0 pts | −250K sh | −100% |
| Exited | DOORDASH INC (DASH) | 0.9% | — | −0.9 pts | −400K sh | −100% |
| Increased | PPG INDS INC (PPG) | 1.0% | 2.0% | +1.0 pts | +179K sh | +87% |
| Increased | GENERAL ELECTRIC CO (GE) | 1.3% | 2.3% | +1.0 pts | +235K sh | +65% |
| Reduced | IAC INC (IAC) | 1.3% | 0.6% | −0.7 pts | −400K sh | −59% |
| Exited | LAS VEGAS SANDS CORP (LVS) | 0.9% | — | −0.9 pts | −400K sh | −100% |
| Exited | HUB GROUP INC (HUBG) | 0.8% | — | −0.8 pts | −268K sh | −100% |
| Reduced | LINDE PLC (LIN) | 2.4% | 1.6% | −0.8 pts | −62,250 sh | −35% |
| Reduced | RELIANCE STEEL & ALUMINUM CO (RS) | 2.6% | 1.8% | −0.8 pts | −85,000 sh | −31% |
| Exited | DOVER CORP (DOV) | 0.8% | — | −0.8 pts | −140K sh | −100% |
| Exited | DSV A/S | 0.8% | — | −0.8 pts | −107K sh | −100% |
| Exited | AIRBNB INC (ABNB) | 0.8% | — | −0.8 pts | −163K sh | −100% |
| Increased | BERRY GLOBAL GROUP INC (BERY) | 0.2% | 0.9% | +0.7 pts | +330K sh | +440% |
| Exited | CABOT CORP (CBT) | 0.7% | — | −0.7 pts | −255K sh | −100% |
| Exited | GATX CORP (GATX) | 0.7% | — | −0.7 pts | −177K sh | −100% |
| Exited | MATTEL INC (MAT) | 0.7% | — | −0.7 pts | −1.05M sh | −100% |
| New | NORFOLK SOUTHN CORP (NSC) | — | 0.7% | +0.7 pts | +90,000 sh | new |
| Increased | DICKS SPORTING GOODS INC (DKS) | 0.9% | 1.5% | +0.6 pts | +153K sh | +87% |
| New | CAPSTONE COPPER CORP (CSCCF) | — | 0.7% | +0.7 pts | +4.38M sh | new |
| Increased | MOBILEYE GLOBAL INC (MBLY) | 0.2% | 0.8% | +0.6 pts | +501K sh | +474% |
| New | SOCIEDAD QUIMICA Y MINERA DE (SQM) | — | 0.7% | +0.7 pts | +265K sh | new |
The 50 largest of 175 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 — 22.8% of the equity book
Changes in the top 10 this quarter: PG entered · AMZN entered · STZ entered · HON entered · GE entered · LULU entered · PPG entered · PWR entered · DKNG entered · FDX left · BURL left · EL left · RS left · LIN left · META left · WYNN left · SGI left · MDLZ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | PROCTER AND GAMBLE CO (PG) | 1.7% | 2.8% | Entered the top 10 |
| 2 | AMAZON COM INC (AMZN) | 0.0% | 2.5% | Entered the top 10 |
| 3 | CONSTELLATION BRANDS INC (STZ) | 0.0% | 2.4% | Entered the top 10 |
| 4 | SKECHERS U S A INC (SKX) | 1.9% | 2.4% | |
| 5 | HONEYWELL INTL INC (HON) | 0.0% | 2.4% | Entered the top 10 |
| 6 | GENERAL ELECTRIC CO (GE) | 1.3% | 2.3% | Entered the top 10 |
| 7 | LULULEMON ATHLETICA INC (LULU) | 0.7% | 2.3% | Entered the top 10 |
| 8 | PPG INDS INC (PPG) | 1.0% | 2.0% | Entered the top 10 |
| 9 | QUANTA SVCS INC (PWR) | 0.8% | 1.9% | Entered the top 10 |
| 10 | DRAFTKINGS INC NEW (DKNG) | 1.0% | 1.9% | Entered the top 10 |
| — | FEDEX CORP (FDX) | 4.3% | 0.0% | Left the top 10 |
| — | BURLINGTON STORES INC (BURL) | 4.0% | 0.0% | Left the top 10 |
| — | LAUDER ESTEE COS INC (EL) | 3.0% | 0.0% | Left the top 10 |
| — | RELIANCE STEEL & ALUMINUM CO (RS) | 2.6% | 1.8% | Left the top 10 |
| — | LINDE PLC (LIN) | 2.4% | 1.6% | Left the top 10 |
| — | META PLATFORMS INC (META) | 2.4% | 1.3% | Left the top 10 |
| — | WYNN RESORTS LTD (WYNN) | 2.3% | 0.0% | Left the top 10 |
| — | TEMPUR SEALY INTL INC (SGI) | 2.3% | 1.7% | Left the top 10 |
| — | MONDELEZ INTL INC (MDLZ) | 1.9% | 1.9% | 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 |
|---|---|---|---|---|---|
| Exited | INVESCO QQQ TR (QQQ) | Put | 250K | 0 | $0 |
| Exited | WALMART INC (WMT) | Call | 450K | 0 | $0 |
| Exited | SPDR S&P 500 ETF TR (SPY) | Put | 150K | 0 | $0 |
| New | UNITED PARCEL SERVICE INC (UPS) | Put | 0 | 300K | $53.8M |
| Exited | LULULEMON ATHLETICA INC (LULU) | Call | 138K | 0 | $0 |
| New | FEDEX CORP (FDX) | Call | 0 | 200K | $49.6M |
| Exited | SELECT SECTOR SPDR TR (XLI) | Put | 400K | 0 | $0 |
| New | ARCBEST CORP (ARCB) | Call | 0 | 325K | $32.1M |
| Exited | INVESCO QQQ TR (QQQ) | Call | 100K | 0 | $0 |
| Reduced | UNITED RENTALS INC (URI) | Call | 125K | 40,000 | $17.8M |
| Exited | STARBUCKS CORP (SBUX) | Call | 300K | 0 | $0 |
| Exited | RELIANCE STEEL & ALUMINUM CO (RS) | Put | 110K | 0 | $0 |
| Exited | PARKER-HANNIFIN CORP (PH) | Call | 80,000 | 0 | $0 |
| Exited | META PLATFORMS INC (META) | Put | 125K | 0 | $0 |
| Exited | DOLLAR GEN CORP NEW (DG) | Put | 125K | 0 | $0 |
| New | AMAZON COM INC (AMZN) | Call | 0 | 200K | $26.1M |
| Exited | SPDR SER TR (XRT) | Put | 400K | 0 | $0 |
| Exited | C H ROBINSON WORLDWIDE INC (CHRW) | Put | 250K | 0 | $0 |
| Exited | KROGER CO (KR) | Put | 500K | 0 | $0 |
| New | GENERAL MLS INC (GIS) | Call | 0 | 300K | $23M |
| Exited | WYNN RESORTS LTD (WYNN) | Call | 200K | 0 | $0 |
| Exited | MACYS INC (M) | Call | 1.25M | 0 | $0 |
| Exited | AIRBNB INC (ABNB) | Put | 163K | 0 | $0 |
| New | QUANTA SVCS INC (PWR) | Put | 0 | 100K | $19.6M |
| Exited | BLOCK INC (XYZ) | Call | 275K | 0 | $0 |