SCOPUS ASSET MANAGEMENT L P's Q2 2024 13F: 35 new positions, 46 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 124 reported positions · accession 0001104659-24-089630
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | XPO INC (XPO) | 3.2% | — | −3.2 pts | −803K sh | −100% |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | — | 2.8% | +2.8 pts | +280K sh | new |
| New | DECKERS OUTDOOR CORP (DECK) | — | 2.7% | +2.7 pts | +90,000 sh | new |
| New | LANDSTAR SYS INC (LSTR) | — | 2.5% | +2.5 pts | +441K sh | new |
| New | UBER TECHNOLOGIES INC (UBER) | — | 2.4% | +2.4 pts | +1.08M sh | new |
| Exited | ULTA BEAUTY INC (ULTA) | 2.3% | — | −2.3 pts | −136K sh | −100% |
| New | CROCS INC (CROX) | — | 2.3% | +2.3 pts | +493K sh | new |
| Exited | TAPESTRY INC (TPR) | 2.1% | — | −2.1 pts | −1.34M sh | −100% |
| New | PEPSICO INC (PEP) | — | 2.1% | +2.1 pts | +398K sh | new |
| Exited | CONSTELLATION BRANDS INC (STZ) | 2.0% | — | −2.0 pts | −230K sh | −100% |
| New | SAIA INC (SAIA) | — | 2.0% | +2.0 pts | +137K sh | new |
| New | EXPEDITORS INTL WASH INC (EXPD) | — | 2.0% | +2.0 pts | +505K sh | new |
| Increased | DOORDASH INC (DASH) | 1.0% | 2.7% | +1.7 pts | +568K sh | +252% |
| New | CANADIAN PACIFIC KANSAS CITY (CP) | — | 1.8% | +1.8 pts | +740K sh | new |
| New | BATH & BODY WORKS INC (BBWI) | — | 1.8% | +1.8 pts | +1.44M sh | new |
| New | RH (RH) | — | 1.7% | +1.7 pts | +220K sh | new |
| Exited | KRAFT HEINZ CO (KHC) | 1.7% | — | −1.7 pts | −1.38M sh | −100% |
| Exited | SKECHERS U S A INC (SKX) | 1.6% | — | −1.6 pts | −800K sh | −100% |
| New | ABERCROMBIE & FITCH CO (ANF) | — | 1.6% | +1.6 pts | +280K sh | new |
| New | C H ROBINSON WORLDWIDE INC (CHRW) | — | 1.5% | +1.5 pts | +560K sh | new |
| New | KUEHNE PLUS NAGEL INTL AG-REG | — | 1.4% | +1.4 pts | +161K sh | new |
| Exited | URBAN OUTFITTERS INC (URBN) | 1.4% | — | −1.4 pts | −1M sh | −100% |
| Exited | MONDELEZ INTL INC (MDLZ) | 1.4% | — | −1.4 pts | −600K sh | −100% |
| New | FLUTTER ENTERTAINMENT PLC-DI (FLUT) | — | 1.4% | +1.4 pts | +240K sh | new |
| Increased | BIRKENSTOCK HOLDING PLC | 1.0% | 2.5% | +1.4 pts | +775K sh | +115% |
| Reduced | EATON CORP PLC (ETN) | 2.0% | 0.6% | −1.3 pts | −129K sh | −67% |
| Exited | TFI INTL INC (TFII) | 1.2% | — | −1.2 pts | −231K sh | −100% |
| Exited | KIRBY CORP (KEX) | 1.2% | — | −1.2 pts | −377K sh | −100% |
| New | MATSON INC (MATX) | — | 1.1% | +1.1 pts | +268K sh | new |
| Increased | LAMB WESTON HLDGS INC (LW) | 1.5% | 2.2% | +0.7 pts | +393K sh | +91% |
| Exited | AMERICAN EAGLE OUTFITTERS IN (AEO) | 1.0% | — | −1.0 pts | −1.2M sh | −100% |
| Exited | GENERAL MLS INC (GIS) | 1.0% | — | −1.0 pts | −425K sh | −100% |
| Reduced | GE AEROSPACE (GE) | 2.0% | 0.8% | −1.2 pts | −191K sh | −54% |
| Exited | ALIMENTATION COUCHE-TARD INC (ANCUF) | 0.9% | — | −0.9 pts | −505K sh | −100% |
| Exited | DSV A/S | 0.9% | — | −0.9 pts | −165K sh | −100% |
| Exited | WAYFAIR INC (W) | 0.9% | — | −0.9 pts | −383K sh | −100% |
| Reduced | PARKER-HANNIFIN CORP (PH) | 1.7% | 0.6% | −1.0 pts | −52,600 sh | −58% |
| Increased | BELLRING BRANDS INC (BRBR) | 0.9% | 1.7% | +0.8 pts | +463K sh | +97% |
| Exited | LOUISIANA PAC CORP (LPX) | 0.8% | — | −0.8 pts | −287K sh | −100% |
| Exited | LA Z BOY INC (LZB) | 0.8% | — | −0.8 pts | −625K sh | −100% |
| Increased | MURPHY USA INC (MUSA) | 0.4% | 1.2% | +0.8 pts | +50,174 sh | +158% |
| Increased | PVH CORPORATION (PVH) | 1.9% | 2.0% | +0.1 pts | +206K sh | +50% |
| Increased | E L F BEAUTY INC (ELF) | 0.2% | 0.9% | +0.7 pts | +101K sh | +302% |
| Exited | RELIANCE INC (RS) | 0.7% | — | −0.7 pts | −60,000 sh | −100% |
| New | CONSOL ENERGY INC NEW (CEIX) | — | 0.6% | +0.6 pts | +200K sh | new |
| Increased | TEMPUR SEALY INTL INC (SGI) | 2.2% | 2.4% | +0.2 pts | +420K sh | +35% |
| Exited | CHEWY INC (CHWY) | 0.6% | — | −0.6 pts | −1.15M sh | −100% |
| New | UNITED PARCEL SERVICE INC (UPS) | — | 0.6% | +0.6 pts | +135K sh | new |
| Reduced | CRANE COMPANY (CR) | 1.3% | 0.8% | −0.5 pts | −126K sh | −42% |
| Reduced | D R HORTON INC (DHI) | 0.8% | 0.1% | −0.7 pts | −121K sh | −84% |
The 50 largest of 160 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 — 26.9% of the equity book
Changes in the top 10 this quarter: SPOT entered · DECK entered · DASH entered · LSTR entered · BIRKENSTOCK HOLDING PLC entered · UBER entered · XPO left · BURL left · ULTA left · TPR left · STZ left · GE left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMAZON COM INC (AMZN) | 4.0% | 4.0% | |
| 2 | SPOTIFY TECHNOLOGY S A (SPOT) | 0.0% | 2.8% | Entered the top 10 |
| 3 | DECKERS OUTDOOR CORP (DECK) | 0.0% | 2.7% | Entered the top 10 |
| 4 | DOORDASH INC (DASH) | 1.0% | 2.7% | Entered the top 10 |
| 5 | LANDSTAR SYS INC (LSTR) | 0.0% | 2.5% | Entered the top 10 |
| 6 | DRAFTKINGS INC NEW (DKNG) | 3.1% | 2.5% | |
| 7 | BIRKENSTOCK HOLDING PLC | 1.0% | 2.5% | Entered the top 10 |
| 8 | UBER TECHNOLOGIES INC (UBER) | 0.0% | 2.4% | Entered the top 10 |
| 9 | TEMPUR SEALY INTL INC (SGI) | 2.2% | 2.4% | |
| 10 | COCA COLA CO (KO) | 2.1% | 2.4% | |
| — | XPO INC (XPO) | 3.2% | 0.0% | Left the top 10 |
| — | BURLINGTON STORES INC (BURL) | 2.7% | 2.1% | Left the top 10 |
| — | ULTA BEAUTY INC (ULTA) | 2.3% | 0.0% | Left the top 10 |
| — | TAPESTRY INC (TPR) | 2.1% | 0.0% | Left the top 10 |
| — | CONSTELLATION BRANDS INC (STZ) | 2.0% | 0.0% | Left the top 10 |
| — | GE AEROSPACE (GE) | 2.0% | 0.8% | 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 | XPO INC (XPO) | Put | 625K | 0 | $0 |
| Increased | EATON CORP PLC (ETN) | Call | 175K | 370K | $116M |
| New | SPDR S&P 500 ETF TR (SPY) | Put | 0 | 100K | $54.4M |
| Exited | TFI INTL INC (TFII) | Put | 300K | 0 | $0 |
| New | SAIA INC (SAIA) | Put | 0 | 100K | $47.4M |
| Exited | SELECT SECTOR SPDR TR (XLB) | Put | 500K | 0 | $0 |
| Exited | LANDSTAR SYS INC (LSTR) | Call | 200K | 0 | $0 |
| New | UNION PAC CORP (UNP) | Call | 0 | 150K | $33.9M |
| New | MATSON INC (MATX) | Put | 0 | 249K | $32.7M |
| New | EXPEDITORS INTL WASH INC (EXPD) | Put | 0 | 250K | $31.2M |
| Reduced | UNITED RENTALS INC (URI) | Call | 70,000 | 30,000 | $19.4M |
| New | ISHARES TR (IWM) | Put | 0 | 150K | $30.4M |
| Exited | CATERPILLAR INC (CAT) | Call | 80,000 | 0 | $0 |
| New | GE VERNOVA INC (GEV) | Call | 0 | 170K | $29.2M |
| Increased | C H ROBINSON WORLDWIDE INC (CHRW) | Call | 200K | 500K | $44.1M |
| Reduced | GE AEROSPACE (GE) | Put | 200K | 40,000 | $6.36M |
| Increased | TRANSDIGM GROUP INC (TDG) | Call | 50,000 | 70,000 | $89.4M |
| New | UNITED PARCEL SERVICE INC (UPS) | Put | 0 | 200K | $27.4M |
| Exited | DRAFTKINGS INC NEW (DKNG) | Put | 600K | 0 | $0 |
| Exited | AERCAP HOLDINGS NV (AER) | Call | 300K | 0 | $0 |
| Reduced | VERTIV HOLDINGS CO (VRT) | Call | 500K | 175K | $15.1M |
| Increased | HUBBELL INC (HUBB) | Call | 20,000 | 90,000 | $32.9M |
| Increased | SPDR SER TR (XOP) | Put | 100K | 275K | $40M |
| Exited | KIRBY CORP (KEX) | Put | 250K | 0 | $0 |
| Increased | JACOBS SOLUTIONS INC (J) | Call | 120K | 300K | $41.9M |