Latest SCOPIA CAPITAL MANAGEMENT LP Stock Portfolio

SCOPIA CAPITAL MANAGEMENT LP Performance:

2024 Q3: 4.39%YTD: 1.34%2023: 15.49%

Performance for 2024 Q3 is 4.39%, and YTD is 1.34%, and 2023 is 15.49%.

About SCOPIA CAPITAL MANAGEMENT LP and 13F Hedge Fund Stock Holdings

SCOPIA CAPITAL MANAGEMENT LP is a hedge fund based in NEW YORK, NY. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.9 Billions. In it's latest 13F Holdings report, SCOPIA CAPITAL MANAGEMENT LP reported an equity portfolio of $484.6 Millions as of 30 Sep, 2024.

The top stock holdings of SCOPIA CAPITAL MANAGEMENT LP are RRX, HLIT, CTVA. The fund has invested 6.7% of it's portfolio in REGAL REXNORD CORPORATION and 6.6% of portfolio in HARMONIC INC.

The fund managers got completely rid off FORTREA HLDGS INC, SPRINKLR INC (CXM) and SMARTSHEET INC (SMAR) stocks. They significantly reduced their stock positions in INDIVIOR PLC, HUMANA INC (HUM) and HARMONIC INC (HLIT). SCOPIA CAPITAL MANAGEMENT LP opened new stock positions in ELASTIC N V (ESTC), DRIVEN BRANDS HLDGS INC and DOLLAR TREE INC (DLTR). The fund showed a lot of confidence in some stocks as they added substantially to CORTEVA INC (CTVA), KBR INC (KBR) and AERCAP HOLDINGS NV.

SCOPIA CAPITAL MANAGEMENT LP Annual Return Estimates Vs S&P 500

Our best estimate is that SCOPIA CAPITAL MANAGEMENT LP made a return of 4.39% in the last quarter. In trailing 12 months, it's portfolio return was 10.89%.

New Buys

Ticker	$ Bought
elastic n v	18,519,700
driven brands hldgs inc	16,890,300
dollar tree inc	16,150,600
tower semiconductor ltd	13,925,600
chemours co	13,623,100
jfrog ltd	12,919,800
hunt j b trans svcs inc	12,630,200
intapp inc	4,910,080

New stocks bought by SCOPIA CAPITAL MANAGEMENT LP

Additions

Ticker	% Inc.
corteva inc	42.03
kbr inc	41.51
aercap holdings nv	11.55
lamb weston hldgs inc	5.96

Additions to existing portfolio by SCOPIA CAPITAL MANAGEMENT LP

Reductions

Ticker	% Reduced
indivior plc	-78.24
humana inc	-64.46
harmonic inc	-60.75
tempur sealy intl inc	-56.52
sharkninja inc	-55.74
pegasystems inc	-50.31
aramark	-49.74
mercury sys inc	-48.00

SCOPIA CAPITAL MANAGEMENT LP reduced stake in above stock

Sold off

Ticker	$ Sold
sprinklr inc	-17,370,900
fortrea hldgs inc	-34,295,700
enhabit inc	-5,314,040
smartsheet inc	-17,263,200
axalta coating sys ltd	-10,986,500
gildan activewear inc	-10,302,000
rapid7 inc	-9,261,030

SCOPIA CAPITAL MANAGEMENT LP got rid off the above stocks

Sector Distribution

SCOPIA CAPITAL MANAGEMENT LP has about 29.4% of it's holdings in Industrials sector.

Sector	%
Industrials	29.4
Technology	25.6
Others	20.6
Basic Materials	8.8
Consumer Cyclical	7.2
Consumer Defensive	5.8
Healthcare	2.6

Market Cap. Distribution

SCOPIA CAPITAL MANAGEMENT LP has about 25.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	38.7
LARGE-CAP	25.5
UNALLOCATED	20.6
SMALL-CAP	15.2

Stocks belong to which Index?

About 40.4% of the stocks held by SCOPIA CAPITAL MANAGEMENT LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	59.6
RUSSELL 2000	24.3
S&P 500	16.1

Top 5 Winners (%)		%
PI	impinj inc	38.1 %
CVNA	carvana co	35.3 %
MRCY	mercury sys inc	35.1 %
PTON	peloton interactive inc	26.1 %
RRX	regal rexnord corporation	21.5 %

Top 5 Winners ($)		$
HLIT	harmonic inc	13.5 M
MRCY	mercury sys inc	12.4 M
RRX	regal rexnord corporation	6.8 M
PEGA	pegasystems inc	4.0 M
TPX	tempur sealy intl inc	3.8 M

Top 5 Losers (%)		%
MBLY	mobileye global inc	-51.2 %
DLTR	dollar tree inc	-27.5 %
ESTC	elastic n v	-26.8 %
LESL	leslies inc	-24.6 %
LW	lamb weston hldgs inc	-21.9 %

Top 5 Losers ($)		$
ESTC	elastic n v	-6.8 M
DLTR	dollar tree inc	-6.1 M
LW	lamb weston hldgs inc	-3.3 M
MQ	marqeta inc	-2.7 M
HUM	humana inc	-2.5 M

SCOPIA CAPITAL MANAGEMENT LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SCOPIA CAPITAL MANAGEMENT LP

SCOPIA CAPITAL MANAGEMENT LP has 34 stocks in it's portfolio. About 50.2% of the portfolio is in top 10 stocks. ESTC proved to be the most loss making stock for the portfolio. HLIT was the most profitable stock for SCOPIA CAPITAL MANAGEMENT LP last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ARMK	aramark	3.43	428,764	16,606,000	reduced	-49.74

AXTA	axalta coating sys ltd	0.00	0.00	0.00	sold off	-100

BURL	burlington stores inc	1.03	18,871	4,972,130	unchanged	0.00

CC	chemours co	2.81	670,430	13,623,100	new

CTVA	corteva inc	5.95	490,664	28,846,100	added	42.03

CVNA	carvana co	0.28	7,772	1,353,180	unchanged	0.00

CXM	sprinklr inc	0.00	0.00	0.00	sold off	-100

DLTR	dollar tree inc	3.33	229,673	16,150,600	new

EHAB	enhabit inc	0.00	0.00	0.00	sold off	-100

ENS	enersys	4.34	206,140	21,036,600	reduced	-4.8

ESTC	elastic n v	3.82	241,268	18,519,700	new

FROG	jfrog ltd	2.67	444,895	12,919,800	new

FRSH	freshworks inc	3.51	1,479,800	16,988,200	reduced	-2.04

GMS	gms inc	2.49	133,268	12,070,100	reduced	-35.45

HLIT	harmonic inc	6.61	2,197,310	32,014,800	reduced	-60.75

HUM	humana inc	1.75	26,735	8,468,040	reduced	-64.46

INTA	intapp inc	1.01	102,657	4,910,080	new

JBHT	hunt j b trans svcs inc	2.61	73,291	12,630,200	new

KBR	kbr inc	4.55	338,206	22,027,400	added	41.51

LESL	leslies inc	0.06	97,706	308,751	unchanged	0.00