SCOPUS ASSET MANAGEMENT L P's Q3 2023 13F: 43 new positions, 45 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Nov 14, 2023 · 128 reported positions · accession 0001104659-23-118128
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | LULULEMON ATHLETICA INC (LULU) | 2.3% | — | −2.3 pts | −170K sh | −100% |
| New | BURLINGTON STORES INC (BURL) | — | 2.0% | +2.0 pts | +387K sh | new |
| Exited | ROSS STORES INC (ROST) | 1.6% | — | −1.6 pts | −416K sh | −100% |
| Exited | SAIA INC (SAIA) | 1.5% | — | −1.5 pts | −128K sh | −100% |
| Exited | DICKS SPORTING GOODS INC (DKS) | 1.5% | — | −1.5 pts | −328K sh | −100% |
| New | ULTA BEAUTY INC (ULTA) | — | 1.5% | +1.5 pts | +100K sh | new |
| Exited | JOHNSON CTLS INTL PLC (JCI) | 1.4% | — | −1.4 pts | −590K sh | −100% |
| Increased | DRAFTKINGS INC NEW (DKNG) | 1.9% | 3.7% | +1.8 pts | +1.25M sh | +61% |
| New | HUNT J B TRANS SVCS INC (JBHT) | — | 1.4% | +1.4 pts | +192K sh | new |
| Reduced | RELIANCE STEEL & ALUMINUM CO (RS) | 1.8% | 0.6% | −1.2 pts | −130K sh | −69% |
| Exited | CROCS INC (CROX) | 1.2% | — | −1.2 pts | −294K sh | −100% |
| Reduced | HONEYWELL INTL INC (HON) | 2.4% | 1.1% | −1.2 pts | −164K sh | −51% |
| Increased | META PLATFORMS INC (META) | 1.3% | 2.6% | +1.3 pts | +100K sh | +80% |
| Exited | CHURCH & DWIGHT CO INC (CHD) | 1.0% | — | −1.0 pts | −288K sh | −100% |
| New | FEDEX CORP (FDX) | — | 1.0% | +1.0 pts | +100K sh | new |
| Reduced | INGREDION INC (INGR) | 1.2% | 0.2% | −1.0 pts | −260K sh | −80% |
| Reduced | PPG INDS INC (PPG) | 2.0% | 0.9% | −1.1 pts | −194K sh | −50% |
| New | JACOBS SOLUTIONS INC (J) | — | 0.9% | +0.9 pts | +180K sh | new |
| Exited | DECKERS OUTDOOR CORP (DECK) | 0.9% | — | −0.9 pts | −50,000 sh | −100% |
| Reduced | LINDE PLC (LIN) | 1.6% | 0.7% | −0.8 pts | −64,892 sh | −56% |
| New | KEURIG DR PEPPER INC (KDP) | — | 0.9% | +0.9 pts | +750K sh | new |
| Increased | CROWN HLDGS INC (CCK) | 0.0% | 0.8% | +0.8 pts | +241K sh | +2620% |
| New | EMERSON ELEC CO (EMR) | — | 0.8% | +0.8 pts | +220K sh | new |
| New | KRAFT HEINZ CO (KHC) | — | 0.8% | +0.8 pts | +600K sh | new |
| New | KENVUE INC (KVUE) | — | 0.8% | +0.8 pts | +1M sh | new |
| New | DOORDASH INC (DASH) | — | 0.8% | +0.8 pts | +250K sh | new |
| Exited | NORFOLK SOUTHN CORP (NSC) | 0.7% | — | −0.7 pts | −90,000 sh | −100% |
| Reduced | O-I GLASS INC (OI) | 1.0% | 0.2% | −0.9 pts | −1.1M sh | −79% |
| New | AVERY DENNISON CORP (AVY) | — | 0.7% | +0.7 pts | +100K sh | new |
| New | FIVE BELOW INC (FIVE) | — | 0.7% | +0.7 pts | +111K sh | new |
| Exited | SOCIEDAD QUIMICA Y MINERA DE (SQM) | 0.7% | — | −0.7 pts | −265K sh | −100% |
| New | ARHAUS INC (ARHS) | — | 0.7% | +0.7 pts | +1.9M sh | new |
| Exited | AXALTA COATING SYS LTD (AXTA) | 0.7% | — | −0.7 pts | −567K sh | −100% |
| Reduced | HEICO CORP NEW (HEI) | 0.9% | 0.3% | −0.6 pts | −104K sh | −69% |
| Reduced | BERRY GLOBAL GROUP INC (BERY) | 0.9% | 0.3% | −0.6 pts | −265K sh | −65% |
| Increased | BOEING CO (BA) | 1.3% | 1.8% | +0.6 pts | +83,398 sh | +49% |
| Exited | BUILDERS FIRSTSOURCE INC (BLDR) | 0.6% | — | −0.6 pts | −126K sh | −100% |
| Exited | SCHNEIDER NATIONAL INC (SNDR) | 0.6% | — | −0.6 pts | −590K sh | −100% |
| New | LA Z BOY INC (LZB) | — | 0.6% | +0.6 pts | +500K sh | new |
| New | BUNGE LIMITED (BG) | — | 0.6% | +0.6 pts | +140K sh | new |
| Reduced | SIMPLY GOOD FOODS CO (SMPL) | 0.9% | 0.4% | −0.6 pts | −437K sh | −60% |
| Reduced | TFI INTL INC (TFII) | 0.7% | 0.2% | −0.4 pts | −116K sh | −70% |
| Exited | ERO COPPER CORP (ERO) | 0.6% | — | −0.6 pts | −792K sh | −100% |
| New | HOME DEPOT INC (HD) | — | 0.6% | +0.6 pts | +49,000 sh | new |
| Increased | ELEMENT SOLUTIONS INC (ESI) | 0.2% | 0.8% | +0.6 pts | +745K sh | +213% |
| Increased | POOL CORP (POOL) | 0.9% | 1.4% | +0.6 pts | +40,000 sh | +61% |
| New | ON HOLDING AG-CLASS A | — | 0.5% | +0.5 pts | +500K sh | new |
| Increased | EATON CORP PLC (ETN) | 1.3% | 2.1% | +0.7 pts | +65,113 sh | +34% |
| Increased | IAC INC (IAC) | 0.6% | 1.0% | +0.4 pts | +275K sh | +100% |
| Reduced | ARCBEST CORP (ARCB) | 0.6% | 0.1% | −0.5 pts | −135K sh | −84% |
The 50 largest of 172 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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- ATLANTA BRAVES HLDGS INC (BATRK): 531229888 → 047726302, 102K → 102K shares
Top 10 positions — 25.4% of the equity book
Changes in the top 10 this quarter: META entered · SGI entered · PH entered · ETN entered · SKX left · HON left · LULU left · PPG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DRAFTKINGS INC NEW (DKNG) | 1.9% | 3.7% | |
| 2 | AMAZON COM INC (AMZN) | 2.5% | 2.9% | |
| 3 | GENERAL ELECTRIC CO (GE) | 2.3% | 2.7% | |
| 4 | CONSTELLATION BRANDS INC (STZ) | 2.4% | 2.6% | |
| 5 | META PLATFORMS INC (META) | 1.3% | 2.6% | Entered the top 10 |
| 6 | PROCTER AND GAMBLE CO (PG) | 2.8% | 2.4% | |
| 7 | TEMPUR SEALY INTL INC (SGI) | 1.7% | 2.3% | Entered the top 10 |
| 8 | QUANTA SVCS INC (PWR) | 1.9% | 2.2% | |
| 9 | PARKER-HANNIFIN CORP (PH) | 1.9% | 2.1% | Entered the top 10 |
| 10 | EATON CORP PLC (ETN) | 1.3% | 2.1% | Entered the top 10 |
| — | SKECHERS U S A INC (SKX) | 2.4% | 2.0% | Left the top 10 |
| — | HONEYWELL INTL INC (HON) | 2.4% | 1.1% | Left the top 10 |
| — | LULULEMON ATHLETICA INC (LULU) | 2.3% | 0.0% | Left the top 10 |
| — | PPG INDS INC (PPG) | 2.0% | 0.9% | 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 |
|---|---|---|---|---|---|
| New | SELECT SECTOR SPDR TR (XLI) | Put | 0 | 800K | $81.1M |
| New | SPDR S&P 500 ETF TR (SPY) | Put | 0 | 150K | $64.1M |
| Exited | UNITED PARCEL SERVICE INC (UPS) | Put | 300K | 0 | $0 |
| Exited | FEDEX CORP (FDX) | Call | 200K | 0 | $0 |
| New | INVESCO QQQ TR (QQQ) | Call | 0 | 125K | $44.8M |
| Increased | BOEING CO (BA) | Put | 50,000 | 250K | $47.9M |
| Exited | MCCORMICK & CO INC (MKC) | Put | 350K | 0 | $0 |
| Increased | SELECT SECTOR SPDR TR (XLI) | Call | 300K | 600K | $60.8M |
| New | FEDEX CORP (FDX) | Put | 0 | 100K | $26.5M |
| Exited | SPECTRUM BRANDS HLDGS INC NE (SPB) | Call | 325K | 0 | $0 |
| New | COMMERCIAL METALS CO (CMC) | Put | 0 | 500K | $24.7M |
| New | DISNEY WALT CO (DIS) | Call | 0 | 300K | $24.3M |
| Exited | GENERAL MLS INC (GIS) | Call | 300K | 0 | $0 |
| New | DRAFTKINGS INC NEW (DKNG) | Put | 0 | 750K | $22.1M |
| Reduced | ARCBEST CORP (ARCB) | Call | 325K | 100K | $10.2M |
| New | UNION PAC CORP (UNP) | Put | 0 | 100K | $20.4M |
| New | HUNT J B TRANS SVCS INC (JBHT) | Put | 0 | 100K | $18.9M |
| Exited | OLD DOMINION FREIGHT LINE IN (ODFL) | Put | 50,000 | 0 | $0 |
| Exited | ALPHABET INC (GOOGL) | Put | 150K | 0 | $0 |
| New | ISHARES TR (IWM) | Call | 0 | 100K | $17.7M |
| New | TEMPUR SEALY INTL INC (SGI) | Put | 0 | 400K | $17.3M |
| Exited | SAIA INC (SAIA) | Put | 50,000 | 0 | $0 |
| Exited | TFI INTL INC (TFII) | Put | 150K | 0 | $0 |
| New | TRANSDIGM GROUP INC (TDG) | Put | 0 | 20,000 | $16.9M |
| Exited | HOME DEPOT INC (HD) | Put | 50,000 | 0 | $0 |