SCOPUS ASSET MANAGEMENT L P's Q4 2023 13F: 44 new positions, 51 exits
Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 14, 2024 · 121 reported positions · accession 0001104659-24-024058
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | DRAFTKINGS INC NEW (DKNG) | 3.7% | 1.8% | −1.9 pts | −2.1M sh | −64% |
| New | ISHARES TR (SHY) | — | 2.1% | +2.1 pts | +619K sh | new |
| New | MONSTER BEVERAGE CORP NEW (MNST) | — | 1.9% | +1.9 pts | +760K sh | new |
| Increased | BATH & BODY WORKS INC (BBWI) | 0.6% | 2.7% | +2.1 pts | +975K sh | +195% |
| Reduced | PROCTER AND GAMBLE CO (PG) | 2.4% | 0.9% | −1.5 pts | −285K sh | −66% |
| Exited | COMMERCIAL METALS CO (CMC) | 1.7% | — | −1.7 pts | −921K sh | −100% |
| New | UNION PAC CORP (UNP) | — | 1.7% | +1.7 pts | +164K sh | new |
| Exited | MONDELEZ INTL INC (MDLZ) | 1.7% | — | −1.7 pts | −640K sh | −100% |
| Reduced | WASTE CONNECTIONS INC (WCN) | 1.5% | 0.3% | −1.3 pts | −263K sh | −87% |
| Exited | TJX COS INC NEW (TJX) | 1.6% | — | −1.6 pts | −480K sh | −100% |
| Reduced | POOL CORP (POOL) | 1.4% | 0.2% | −1.3 pts | −95,500 sh | −90% |
| Exited | MCCORMICK & CO INC (MKC) | 1.6% | — | −1.6 pts | −548K sh | −100% |
| Exited | ULTA BEAUTY INC (ULTA) | 1.5% | — | −1.5 pts | −100K sh | −100% |
| New | GXO LOGISTICS INCORPORATED (GXO) | — | 1.4% | +1.4 pts | +560K sh | new |
| Exited | COLGATE PALMOLIVE CO (CL) | 1.4% | — | −1.4 pts | −538K sh | −100% |
| Increased | PVH CORPORATION (PVH) | 0.9% | 3.0% | +2.1 pts | +275K sh | +92% |
| Exited | HUNT J B TRANS SVCS INC (JBHT) | 1.4% | — | −1.4 pts | −192K sh | −100% |
| Reduced | QUANTA SVCS INC (PWR) | 2.2% | 1.5% | −0.7 pts | −142K sh | −46% |
| Reduced | INGERSOLL RAND INC (IR) | 1.3% | 0.5% | −0.8 pts | −370K sh | −71% |
| Exited | HONEYWELL INTL INC (HON) | 1.1% | — | −1.1 pts | −160K sh | −100% |
| New | TAPESTRY INC (TPR) | — | 1.1% | +1.1 pts | +695K sh | new |
| Exited | IAC INC (IAC) | 1.0% | — | −1.0 pts | −550K sh | −100% |
| New | KELLANOVA (K) | — | 1.0% | +1.0 pts | +435K sh | new |
| Reduced | AMETEK INC (AME) | 1.5% | 0.8% | −0.6 pts | −145K sh | −55% |
| Exited | CULLEN FROST BANKERS INC (CFR) | 1.0% | — | −1.0 pts | −218K sh | −100% |
| Exited | FEDEX CORP (FDX) | 1.0% | — | −1.0 pts | −100K sh | −100% |
| Increased | KRAFT HEINZ CO (KHC) | 0.8% | 1.9% | +1.2 pts | +630K sh | +105% |
| Reduced | PARKER-HANNIFIN CORP (PH) | 2.1% | 1.8% | −0.3 pts | −49,000 sh | −35% |
| Reduced | BURLINGTON STORES INC (BURL) | 2.0% | 2.3% | +0.3 pts | −112K sh | −29% |
| Reduced | SKECHERS U S A INC (SKX) | 2.0% | 2.0% | −0.1 pts | −350K sh | −32% |
| Increased | CRH PLC (CRH) | 0.2% | 1.2% | +1.0 pts | +315K sh | +332% |
| Reduced | WEST FRASER TIMBER CO LTD (WFG) | 0.8% | 0.2% | −0.6 pts | −240K sh | −81% |
| New | VANGUARD SCOTTSDALE FDS (VGSH) | — | 0.9% | +0.9 pts | +350K sh | new |
| Reduced | BELLRING BRANDS INC (BRBR) | 1.1% | 0.7% | −0.3 pts | −365K sh | −54% |
| New | CLOROX CO DEL (CLX) | — | 0.8% | +0.8 pts | +130K sh | new |
| Exited | KENVUE INC (KVUE) | 0.8% | — | −0.8 pts | −1M sh | −100% |
| Exited | BOOT BARN HLDGS INC (BOOT) | 0.7% | — | −0.7 pts | −225K sh | −100% |
| Exited | AVERY DENNISON CORP (AVY) | 0.7% | — | −0.7 pts | −100K sh | −100% |
| Reduced | EATON CORP PLC (ETN) | 2.1% | 1.9% | −0.1 pts | −67,295 sh | −26% |
| New | LOUISIANA PAC CORP (LPX) | — | 0.7% | +0.7 pts | +227K sh | new |
| Exited | FIVE BELOW INC (FIVE) | 0.7% | — | −0.7 pts | −111K sh | −100% |
| New | L3HARRIS TECHNOLOGIES INC (LHX) | — | 0.7% | +0.7 pts | +76,000 sh | new |
| Reduced | REPUBLIC SVCS INC (RSG) | 0.8% | 0.3% | −0.4 pts | −95,000 sh | −68% |
| Reduced | AMAZON COM INC (AMZN) | 2.9% | 3.2% | +0.3 pts | −100K sh | −17% |
| Reduced | TRANSDIGM GROUP INC (TDG) | 1.4% | 1.2% | −0.2 pts | −15,000 sh | −35% |
| Increased | LAMB WESTON HLDGS INC (LW) | 1.1% | 2.1% | +1.0 pts | +135K sh | +42% |
| New | SIMON PPTY GROUP INC NEW (SPG) | — | 0.6% | +0.6 pts | +100K sh | new |
| New | AERCAP HOLDINGS NV (AER) | — | 0.6% | +0.6 pts | +190K sh | new |
| Reduced | TEMPUR SEALY INTL INC (SGI) | 2.3% | 2.4% | +0.1 pts | −274K sh | −20% |
| New | DSV A/S | — | 0.6% | +0.6 pts | +77,424 sh | new |
The 50 largest of 170 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 — 27.4% of the equity book
Changes in the top 10 this quarter: PVH entered · ASO entered · BBWI entered · BA entered · BURL entered · DKNG left · PG left · PWR left · PH left · ETN left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMAZON COM INC (AMZN) | 2.9% | 3.2% | |
| 2 | GENERAL ELECTRIC CO (GE) | 2.7% | 3.1% | |
| 3 | META PLATFORMS INC (META) | 2.6% | 3.0% | |
| 4 | PVH CORPORATION (PVH) | 0.9% | 3.0% | Entered the top 10 |
| 5 | ACADEMY SPORTS & OUTDOORS IN (ASO) | 1.4% | 2.7% | Entered the top 10 |
| 6 | BATH & BODY WORKS INC (BBWI) | 0.6% | 2.7% | Entered the top 10 |
| 7 | BOEING CO (BA) | 1.8% | 2.6% | Entered the top 10 |
| 8 | TEMPUR SEALY INTL INC (SGI) | 2.3% | 2.4% | |
| 9 | CONSTELLATION BRANDS INC (STZ) | 2.6% | 2.4% | |
| 10 | BURLINGTON STORES INC (BURL) | 2.0% | 2.3% | Entered the top 10 |
| — | DRAFTKINGS INC NEW (DKNG) | 3.7% | 1.8% | Left the top 10 |
| — | PROCTER AND GAMBLE CO (PG) | 2.4% | 0.9% | Left the top 10 |
| — | QUANTA SVCS INC (PWR) | 2.2% | 1.5% | Left the top 10 |
| — | PARKER-HANNIFIN CORP (PH) | 2.1% | 1.8% | Left the top 10 |
| — | EATON CORP PLC (ETN) | 2.1% | 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 |
|---|---|---|---|---|---|
| New | INVESCO QQQ TR (QQQ) | Put | 0 | 250K | $102M |
| Exited | SPDR S&P 500 ETF TR (SPY) | Put | 150K | 0 | $0 |
| Exited | SELECT SECTOR SPDR TR (XLI) | Call | 600K | 0 | $0 |
| New | WATSCO INC (WSO) | Call | 0 | 130K | $55.7M |
| New | GENERAL ELECTRIC CO (GE) | Call | 0 | 400K | $51.1M |
| New | QUANTA SVCS INC (PWR) | Call | 0 | 225K | $48.6M |
| New | LENNOX INTL INC (LII) | Call | 0 | 105K | $47M |
| Exited | INVESCO QQQ TR (QQQ) | Call | 125K | 0 | $0 |
| New | ISHARES TR (IWM) | Put | 0 | 200K | $40.1M |
| New | ISHARES TR (IYT) | Put | 0 | 150K | $39.4M |
| New | PARKER-HANNIFIN CORP (PH) | Call | 0 | 75,000 | $34.6M |
| New | GXO LOGISTICS INCORPORATED (GXO) | Put | 0 | 500K | $30.6M |
| New | EATON CORP PLC (ETN) | Call | 0 | 125K | $30.1M |
| Exited | FEDEX CORP (FDX) | Put | 100K | 0 | $0 |
| New | BOEING CO (BA) | Call | 0 | 100K | $26.1M |
| Exited | COMMERCIAL METALS CO (CMC) | Put | 500K | 0 | $0 |
| Exited | DISNEY WALT CO (DIS) | Call | 300K | 0 | $0 |
| New | AMETEK INC (AME) | Call | 0 | 140K | $23.1M |
| New | LENNAR CORP (LEN) | Call | 0 | 150K | $22.4M |
| New | 3M CO (MMM) | Call | 0 | 200K | $21.9M |
| Reduced | BOEING CO (BA) | Put | 250K | 100K | $26.1M |
| Increased | SELECT SECTOR SPDR TR (XLI) | Put | 800K | 900K | $103M |
| New | INGERSOLL RAND INC (IR) | Call | 0 | 275K | $21.3M |
| New | BHP GROUP LTD (BHP) | Put | 0 | 300K | $20.5M |
| Exited | UNION PAC CORP (UNP) | Put | 100K | 0 | $0 |