SCOPUS ASSET MANAGEMENT L P's Q3 2024 13F: 48 new positions, 33 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Nov 14, 2024 · 141 reported positions · accession 0001104659-24-118890
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | TJX COS INC NEW (TJX) | — | 3.0% | +3.0 pts | +870K sh | new |
| Exited | DOORDASH INC (DASH) | 2.7% | — | −2.7 pts | −793K sh | −100% |
| New | META PLATFORMS INC (META) | — | 2.6% | +2.6 pts | +155K sh | new |
| Exited | UBER TECHNOLOGIES INC (UBER) | 2.4% | — | −2.4 pts | −1.08M sh | −100% |
| New | KEURIG DR PEPPER INC (KDP) | — | 2.3% | +2.3 pts | +2.1M sh | new |
| Exited | PEPSICO INC (PEP) | 2.1% | — | −2.1 pts | −398K sh | −100% |
| Exited | PVH CORPORATION (PVH) | 2.0% | — | −2.0 pts | −617K sh | −100% |
| Exited | EXPEDITORS INTL WASH INC (EXPD) | 2.0% | — | −2.0 pts | −505K sh | −100% |
| Exited | CANADIAN PACIFIC KANSAS CITY (CP) | 1.8% | — | −1.8 pts | −740K sh | −100% |
| New | MCCORMICK & CO INC (MKC) | — | 1.8% | +1.8 pts | +740K sh | new |
| Exited | BATH & BODY WORKS INC (BBWI) | 1.8% | — | −1.8 pts | −1.44M sh | −100% |
| Reduced | RH (RH) | 1.7% | 0.5% | −1.2 pts | −173K sh | −79% |
| New | FEDEX CORP (FDX) | — | 1.6% | +1.6 pts | +195K sh | new |
| Exited | ABERCROMBIE & FITCH CO (ANF) | 1.6% | — | −1.6 pts | −280K sh | −100% |
| Exited | KIMBERLY-CLARK CORP (KMB) | 1.6% | — | −1.6 pts | −360K sh | −100% |
| Increased | MONSTER BEVERAGE CORP NEW (MNST) | 0.2% | 1.7% | +1.5 pts | +950K sh | +633% |
| Exited | KUEHNE PLUS NAGEL INTL AG-REG | 1.4% | — | −1.4 pts | −161K sh | −100% |
| New | NETFLIX INC (NFLX) | — | 1.4% | +1.4 pts | +69,000 sh | new |
| New | FIVE BELOW INC (FIVE) | — | 1.4% | +1.4 pts | +537K sh | new |
| New | FRESHPET INC (FRPT) | — | 1.4% | +1.4 pts | +344K sh | new |
| Reduced | COCA COLA CO (KO) | 2.4% | 1.2% | −1.2 pts | −645K sh | −54% |
| Exited | FLUTTER ENTERTAINMENT PLC-DI (FLUT) | 1.4% | — | −1.4 pts | −240K sh | −100% |
| New | FORWARD AIR CORP (FWRD) | — | 1.4% | +1.4 pts | +1.3M sh | new |
| Reduced | LAMB WESTON HLDGS INC (LW) | 2.2% | 0.3% | −1.9 pts | −683K sh | −83% |
| New | CLOROX CO DEL (CLX) | — | 1.2% | +1.2 pts | +250K sh | new |
| New | TARGET CORP (TGT) | — | 1.2% | +1.2 pts | +250K sh | new |
| New | RALPH LAUREN CORP (RL) | — | 1.1% | +1.1 pts | +200K sh | new |
| New | CARVANA (CVNA) | — | 1.1% | +1.1 pts | +215K sh | new |
| Reduced | CROCS INC (CROX) | 2.3% | 1.0% | −1.2 pts | −253K sh | −51% |
| New | ACADEMY SPORTS & OUTDOORS IN (ASO) | — | 1.0% | +1.0 pts | +601K sh | new |
| Reduced | C H ROBINSON WORLDWIDE INC (CHRW) | 1.5% | 0.8% | −0.7 pts | −310K sh | −55% |
| New | KENVUE INC (KVUE) | — | 1.0% | +1.0 pts | +1.43M sh | new |
| Increased | UNITED PARCEL SERVICE INC (UPS) | 0.6% | 1.5% | +0.9 pts | +240K sh | +178% |
| New | WAYFAIR INC (W) | — | 0.9% | +0.9 pts | +550K sh | new |
| Reduced | TRANSDIGM GROUP INC (TDG) | 1.3% | 0.5% | −0.8 pts | −20,225 sh | −62% |
| Reduced | AMAZON COM INC (AMZN) | 4.0% | 2.8% | −1.2 pts | −145K sh | −22% |
| Reduced | MATSON INC (MATX) | 1.1% | 0.3% | −0.8 pts | −188K sh | −70% |
| New | SMURFIT WESTROCK PLC | — | 0.8% | +0.8 pts | +526K sh | new |
| Exited | PROG HOLDINGS INC (PRG) | 0.7% | — | −0.7 pts | −690K sh | −100% |
| Increased | GXO LOGISTICS INCORPORATED (GXO) | 0.7% | 1.5% | +0.7 pts | +483K sh | +104% |
| Reduced | LANDSTAR SYS INC (LSTR) | 2.5% | 1.7% | −0.8 pts | −133K sh | −30% |
| New | QXO INC (QXO) | — | 0.7% | +0.7 pts | +1.51M sh | new |
| Reduced | DRAFTKINGS INC NEW (DKNG) | 2.5% | 1.7% | −0.8 pts | −608K sh | −29% |
| New | ARCBEST CORP (ARCB) | — | 0.7% | +0.7 pts | +217K sh | new |
| New | LEGGETT & PLATT INC (LEG) | — | 0.7% | +0.7 pts | +1.73M sh | new |
| New | OLD DOMINION FREIGHT LINE IN (ODFL) | — | 0.7% | +0.7 pts | +117K sh | new |
| New | ROSS STORES INC (ROST) | — | 0.7% | +0.7 pts | +150K sh | new |
| New | KNIGHT-SWIFT TRANSN HLDGS IN (KNX) | — | 0.6% | +0.6 pts | +400K sh | new |
| Exited | LAUDER ESTEE COS INC (EL) | 0.6% | — | −0.6 pts | −190K sh | −100% |
| New | HEIDELBERG MATERIALS AG | — | 0.6% | +0.6 pts | +185K sh | new |
The 50 largest of 167 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 — 26.1% of the equity book
Changes in the top 10 this quarter: TJX entered · BURL entered · META entered · KDP entered · CRH entered · BRBR entered · DASH left · LSTR left · DKNG left · BIRKENSTOCK HOLDING PLC left · UBER left · KO left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPOTIFY TECHNOLOGY S A (SPOT) | 2.8% | 3.2% | |
| 2 | TJX COS INC NEW (TJX) | 0.0% | 3.0% | Entered the top 10 |
| 3 | DECKERS OUTDOOR CORP (DECK) | 2.7% | 3.0% | |
| 4 | AMAZON COM INC (AMZN) | 4.0% | 2.8% | |
| 5 | BURLINGTON STORES INC (BURL) | 2.1% | 2.7% | Entered the top 10 |
| 6 | META PLATFORMS INC (META) | 0.0% | 2.6% | Entered the top 10 |
| 7 | KEURIG DR PEPPER INC (KDP) | 0.0% | 2.3% | Entered the top 10 |
| 8 | CRH PLC (CRH) | 1.7% | 2.3% | Entered the top 10 |
| 9 | TEMPUR SEALY INTL INC (SGI) | 2.4% | 2.3% | |
| 10 | BELLRING BRANDS INC (BRBR) | 1.7% | 1.9% | Entered the top 10 |
| — | DOORDASH INC (DASH) | 2.7% | 0.0% | Left the top 10 |
| — | LANDSTAR SYS INC (LSTR) | 2.5% | 1.7% | Left the top 10 |
| — | DRAFTKINGS INC NEW (DKNG) | 2.5% | 1.7% | Left the top 10 |
| — | BIRKENSTOCK HOLDING PLC | 2.5% | 1.7% | Left the top 10 |
| — | UBER TECHNOLOGIES INC (UBER) | 2.4% | 0.0% | Left the top 10 |
| — | COCA COLA CO (KO) | 2.4% | 1.2% | 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 | 600K | $81.3M |
| Increased | SPDR S&P 500 ETF TR (SPY) | Put | 100K | 225K | $129M |
| Reduced | EATON CORP PLC (ETN) | Call | 370K | 130K | $43.1M |
| New | FEDEX CORP (FDX) | Call | 0 | 200K | $54.7M |
| New | UNITED PARCEL SERVICE INC (UPS) | Call | 0 | 400K | $54.5M |
| Increased | CROCS INC (CROX) | Call | 30,000 | 400K | $57.9M |
| New | SPDR SER TR (XME) | Put | 0 | 800K | $51M |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | Put | 0 | 132K | $48.6M |
| Reduced | TRANSDIGM GROUP INC (TDG) | Call | 70,000 | 30,000 | $42.8M |
| Exited | SPDR SER TR (XOP) | Put | 275K | 0 | $0 |
| New | SELECT SECTOR SPDR TR (XLB) | Put | 0 | 400K | $38.6M |
| Exited | UNION PAC CORP (UNP) | Call | 150K | 0 | $0 |
| Exited | MATSON INC (MATX) | Put | 249K | 0 | $0 |
| Exited | EXPEDITORS INTL WASH INC (EXPD) | Put | 250K | 0 | $0 |
| Increased | KOHLS CORP (KSS) | Call | 500K | 2M | $42.2M |
| New | AIR PRODS & CHEMS INC (APD) | Call | 0 | 100K | $29.8M |
| New | BUNGE GLOBAL (BG) | Put | 0 | 300K | $29M |
| New | AMAZON COM INC (AMZN) | Call | 0 | 150K | $27.9M |
| Exited | UNITED PARCEL SERVICE INC (UPS) | Put | 200K | 0 | $0 |
| New | FORWARD AIR CORP (FWRD) | Put | 0 | 750K | $26.6M |
| New | EXPEDITORS INTL WASH INC (EXPD) | Call | 0 | 200K | $26.3M |
| Reduced | JACOBS SOLUTIONS INC (J) | Call | 300K | 120K | $15.7M |
| New | GXO LOGISTICS INCORPORATED (GXO) | Put | 0 | 500K | $26M |
| New | BEST BUY INC (BBY) | Call | 0 | 250K | $25.8M |
| Increased | UNITED RENTALS INC (URI) | Call | 30,000 | 55,000 | $44.5M |