SCOPUS ASSET MANAGEMENT L P's Q1 2025 13F: 39 new positions, 35 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 120 reported positions · accession 0001104659-25-049401
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | INVESCO QQQ TR (QQQ) | — | 4.4% | +4.4 pts | +256K sh | new |
| Exited | NETFLIX INC (NFLX) | 3.8% | — | −3.8 pts | −116K sh | −100% |
| Exited | RH (RH) | 3.3% | — | −3.3 pts | −230K sh | −100% |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | — | 2.7% | +2.7 pts | +138K sh | new |
| New | OREILLY AUTOMOTIVE INC (ORLY) | — | 2.4% | +2.4 pts | +46,680 sh | new |
| New | PRIMO BRANDS CORPORATION (PRMB) | — | 2.4% | +2.4 pts | +1.87M sh | new |
| Exited | ACADEMY SPORTS & OUTDOORS IN (ASO) | 2.2% | — | −2.2 pts | −1.05M sh | −100% |
| Exited | MONDELEZ INTL INC (MDLZ) | 1.8% | — | −1.8 pts | −825K sh | −100% |
| New | PROCTER AND GAMBLE CO (PG) | — | 1.7% | +1.7 pts | +279K sh | new |
| New | PERFORMANCE FOOD GROUP CO (PFGC) | — | 1.7% | +1.7 pts | +603K sh | new |
| New | META PLATFORMS INC (META) | — | 1.6% | +1.6 pts | +77,750 sh | new |
| Exited | VANECK ETF TRUST (OIH) | 1.6% | — | −1.6 pts | −159K sh | −100% |
| New | ROBLOX CORP (RBLX) | — | 1.6% | +1.6 pts | +736K sh | new |
| New | US FOODS HLDG CORP (USFD) | — | 1.5% | +1.5 pts | +625K sh | new |
| New | DECKERS OUTDOOR CORP (DECK) | — | 1.5% | +1.5 pts | +365K sh | new |
| New | ISHARES TR (ITB) | — | 1.5% | +1.5 pts | +425K sh | new |
| Exited | CONSOL ENERGY INC NEW (CEIX) | 1.4% | — | −1.4 pts | −350K sh | −100% |
| Exited | ABERCROMBIE & FITCH CO (ANF) | 1.3% | — | −1.3 pts | −234K sh | −100% |
| New | ZILLOW GROUP INC (Z) | — | 1.3% | +1.3 pts | +507K sh | new |
| New | CAPSTONE COPPER CORP (CSCCF) | — | 1.3% | +1.3 pts | +6.72M sh | new |
| Exited | CROCS INC (CROX) | 1.2% | — | −1.2 pts | −297K sh | −100% |
| Increased | SKECHERS U S A INC (SKX) | 0.9% | 1.9% | +1.0 pts | +569K sh | +155% |
| New | RELIANCE INC (RS) | — | 1.2% | +1.2 pts | +111K sh | new |
| Reduced | MONSTER BEVERAGE CORP NEW (MNST) | 3.0% | 2.1% | −0.8 pts | −520K sh | −34% |
| Reduced | DICKS SPORTING GOODS INC (DKS) | 3.7% | 2.1% | −1.6 pts | −149K sh | −34% |
| New | RALPH LAUREN CORP (RL) | — | 1.1% | +1.1 pts | +136K sh | new |
| New | CHEWY INC (CHWY) | — | 1.1% | +1.1 pts | +899K sh | new |
| Exited | MAPLEBEAR INC (CART) | 0.9% | — | −0.9 pts | −594K sh | −100% |
| Exited | FRESHPET INC (FRPT) | 0.9% | — | −0.9 pts | −161K sh | −100% |
| Reduced | DRAFTKINGS INC NEW (DKNG) | 2.5% | 1.4% | −1.2 pts | −701K sh | −38% |
| New | APTARGROUP INC (ATR) | — | 0.8% | +0.8 pts | +155K sh | new |
| New | ISHARES TR (TLT) | — | 0.8% | +0.8 pts | +250K sh | new |
| Reduced | GE AEROSPACE (GE) | 1.4% | 0.8% | −0.6 pts | −112K sh | −49% |
| New | FIVE BELOW INC (FIVE) | — | 0.8% | +0.8 pts | +289K sh | new |
| Reduced | AMAZON COM INC (AMZN) | 4.7% | 3.2% | −1.5 pts | −114K sh | −20% |
| Reduced | CARVANA CO (CVNA) | 3.0% | 2.3% | −0.7 pts | −97,300 sh | −25% |
| New | CONSTELLATION ENERGY CORP (CEG) | — | 0.7% | +0.7 pts | +99,572 sh | new |
| New | KEURIG DR PEPPER INC (KDP) | — | 0.7% | +0.7 pts | +579K sh | new |
| New | DOORDASH INC (DASH) | — | 0.7% | +0.7 pts | +105K sh | new |
| Exited | NEXTERA ENERGY INC (NEE) | 0.7% | — | −0.7 pts | −260K sh | −100% |
| Reduced | HEIDELBERG MATERIALS AG | 1.2% | 1.0% | −0.2 pts | −110K sh | −41% |
| Exited | CAMECO CORP (CCJ) | 0.7% | — | −0.7 pts | −358K sh | −100% |
| Exited | NEW YORK TIMES CO (NYT) | 0.6% | — | −0.6 pts | −330K sh | −100% |
| Reduced | PARKER-HANNIFIN CORP (PH) | 1.1% | 0.4% | −0.7 pts | −27,453 sh | −58% |
| Reduced | HERSHEY CO (HSY) | 0.8% | 0.3% | −0.6 pts | −88,692 sh | −68% |
| New | RPM INTL INC (RPM) | — | 0.5% | +0.5 pts | +130K sh | new |
| Reduced | HUBBELL INC (HUBB) | 0.7% | 0.1% | −0.7 pts | −40,993 sh | −87% |
| Reduced | AERCAP HOLDINGS NV (AER) | 0.6% | 0.1% | −0.5 pts | −133K sh | −78% |
| New | HUNT J B TRANS SVCS INC (JBHT) | — | 0.5% | +0.5 pts | +90,800 sh | new |
| Exited | CARRIER GLOBAL CORPORATION (CARR) | 0.4% | — | −0.4 pts | −175K sh | −100% |
The 50 largest of 151 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 — 29.1% of the equity book
Changes in the top 10 this quarter: QQQ entered · SPOT entered · MKC entered · ORLY entered · PRMB entered · NFLX left · DKS left · RH left · MNST left · DKNG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | INVESCO QQQ TR (QQQ) | 0.0% | 4.4% | Entered the top 10 |
| 2 | COCA COLA CO (KO) | 3.3% | 4.0% | |
| 3 | AMAZON COM INC (AMZN) | 4.7% | 3.2% | |
| 4 | SPOTIFY TECHNOLOGY S A (SPOT) | 0.0% | 2.7% | Entered the top 10 |
| 5 | MCCORMICK & CO INC (MKC) | 2.2% | 2.7% | Entered the top 10 |
| 6 | TAPESTRY INC (TPR) | 2.5% | 2.7% | |
| 7 | OREILLY AUTOMOTIVE INC (ORLY) | 0.0% | 2.4% | Entered the top 10 |
| 8 | PRIMO BRANDS CORPORATION (PRMB) | 0.0% | 2.4% | Entered the top 10 |
| 9 | BURLINGTON STORES INC (BURL) | 3.1% | 2.3% | |
| 10 | CARVANA CO (CVNA) | 3.0% | 2.3% | |
| — | NETFLIX INC (NFLX) | 3.8% | 0.0% | Left the top 10 |
| — | DICKS SPORTING GOODS INC (DKS) | 3.7% | 2.1% | Left the top 10 |
| — | RH (RH) | 3.3% | 0.0% | Left the top 10 |
| — | MONSTER BEVERAGE CORP NEW (MNST) | 3.0% | 2.1% | Left the top 10 |
| — | DRAFTKINGS INC NEW (DKNG) | 2.5% | 1.4% | 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 | SPDR S&P 500 ETF TR (SPY) | Call | 0 | 250K | $140M |
| New | AMAZON COM INC (AMZN) | Call | 0 | 400K | $76.1M |
| New | INVESCO QQQ TR (QQQ) | Call | 0 | 150K | $70.3M |
| Increased | SPDR S&P 500 ETF TR (SPY) | Put | 75,000 | 200K | $112M |
| New | SPDR SER TR (XRT) | Call | 0 | 850K | $58.7M |
| New | CHENIERE ENERGY INC (LNG) | Call | 0 | 250K | $57.9M |
| Exited | LAUDER ESTEE COS INC (EL) | Call | 600K | 0 | $0 |
| New | FIVE BELOW INC (FIVE) | Call | 0 | 600K | $45M |
| New | CARVANA CO (CVNA) | Call | 0 | 200K | $41.8M |
| Reduced | SELECT SECTOR SPDR TR (XLI) | Call | 400K | 100K | $13.1M |
| New | ARK ETF TR (ARKK) | Call | 0 | 800K | $38.1M |
| Exited | CONSTELLATION ENERGY CORP (CEG) | Put | 145K | 0 | $0 |
| New | TELEDYNE TECHNOLOGIES INC (TDY) | Call | 0 | 65,000 | $32.4M |
| Increased | EATON CORP PLC (ETN) | Call | 100K | 235K | $63.9M |
| New | CONSTELLATION ENERGY CORP (CEG) | Call | 0 | 150K | $30.2M |
| New | ISHARES TR (ITB) | Call | 0 | 300K | $28.6M |
| New | DEERE & CO (DE) | Call | 0 | 60,000 | $28.2M |
| Increased | CRANE COMPANY (CR) | Call | 80,000 | 260K | $39.8M |
| New | SELECT SECTOR SPDR TR (XLI) | Put | 0 | 200K | $26.2M |
| Exited | TRANE TECHNOLOGIES PLC | Call | 70,000 | 0 | $0 |
| Reduced | REGAL REXNORD CORPORATION (RRX) | Call | 200K | 50,000 | $5.69M |
| New | SPDR SER TR (XME) | Put | 0 | 450K | $25.2M |
| New | DRAFTKINGS INC NEW (DKNG) | Call | 0 | 750K | $24.9M |
| Exited | ISHARES TR (IWM) | Call | 110K | 0 | $0 |
| Reduced | WESCO INTL INC (WCC) | Call | 180K | 60,000 | $9.32M |