WhaleCreep

Scopia Capital Management LP 13F holdings, Q4 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-12-31, filed 2019-02-14

Scopia Capital Management LP disclosed 28 US equity positions worth $2.9bn in its Q4 2018 13F filing. Its largest position is S9Q at 11.4% of the reported book, followed by VST and ITRI. Versus Q3 2018 it opened 4 new positions, added to 6, reduced 13 and exited 12.

$2.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
28
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.4%
Largest position
The largest single position as a share of the reported equity book.
68.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
16
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
81
Quarters on file since Q4 2004
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2018: 4 new, 6 added, 13 reduced, 12 exited

28 rows
S9Q SPIRIT AEROSYSTEMS HLDGS INC–11.4%$335m4.65m−13%reduced
VST VISTRA CORPUtilities10.4%$306m13.37m+11%added
ITRI ITRON INCTechnology8.2%$241m5.09m−5.8%reduced
JCI JOHNSON CONTROLS INTERNATIONIndustrials8.1%$238m8.03m+7.4%added
HORIZON PHARMA PLC no ticker–7.1%$210m10.73m−27%reduced
JD JD.COM INCConsumer Cyclical5.4%$160m7.65m+7.1%added
ETRNUSD EQUITRANS MIDSTREAM CORP–4.8%$142m7.09m–new
RTRXEUR RETROPHIN INC–4.5%$134m5.91m−9.3%reduced
GWPH GW PHARMACEUTICALS PLC–4.4%$131m1.35m−9.6%reduced
NXPI NXP SEMICONDUCTORS N VTechnology4.4%$129m1.76m–new
QRVO QORVO INCTechnology4.4%$128m2.11m–new
ISBCUSD INVESTORS BANCORP INC NEW–3.8%$113m10.83m−24%reduced
W WAYFAIR INCConsumer Cyclical3.7%$110m1.22m+37%added
ZGNXEUR ZOGENIX INC–3.7%$109m2.99m−44%reduced
ACORDA THERAPEUTICS INC no ticker–2.9%$85.5m5.49m−23%reduced
SRCUSD SPIRIT RLTY CAP INC NEW–2.3%$69.0m1.96m–new
CNMD CONMED CORPHealthcare2.1%$62.2m969,160−20%reduced
PTCT PTC THERAPEUTICS INCHealthcare1.9%$55.8m1.63m+0.6%added
PRTA PROTHENA CORP PLCHealthcare1.6%$47.6m4.62m+18%added
ETMUSD ENTERCOM COMMUNICATIONS CORP–1.1%$33.6m5.89m−26%reduced
YMABUSD Y-MABS THERAPEUTICS INC–1.1%$31.3m1.59m0.0%held
LJPC LA JOLLA PHARMACEUTICAL CO–0.8%$22.5m2.39m−7.8%reduced
AYI ACUITY INCIndustrials0.7%$21.4m185,9300.0%held
THC TENET HEALTHCARE CORPHealthcare0.5%$14.9m870,695−53%reduced
ICPTUSD INTERCEPT PHARMACEUTICALS IN–0.2%$6.5m64,9610.0%held
FOSL FOSSIL GROUP INCConsumer Cyclical0.2%$6.2m395,9250.0%held
SPIRIT MTA REIT no ticker–0.1%$4.2m587,940−76%reduced
MNKD MANNKIND CORPHealthcare0.06%$1.8m1.67m0.0%held

Exited since Q3 2018

12 rows
FOREST CITY RLTY TR INC no ticker11.1%$544m
ARRIS INTL INC no ticker4.8%$234m
SPIRIT RLTY CAP INC NEW no ticker3.1%$151m
MALLINCKRODT PUB LTD CO no ticker2.8%$138m
EQT EQT CORPORATION2.1%$105m
WEATHERFORD INTL PLC no ticker1.7%$84.1m
RETROPHIN INC no ticker1.0%$49.4m
PAGPEUR PLAINS GP HLDGS L P0.5%$25.9m
CONVERGEONE HLDGS INC no ticker0.3%$14.4m
SF9 SANDERSON FARMS INC0.2%$7.9m
IFRX INFLARX NV0.1%$7.0m
AMSC AMERICAN SUPERCONDUCTOR CORP0.0%$136k

Sector mix

  • Unclassified48.4%
  • Technology16.9%
  • Utilities10.4%
  • Consumer Cyclical9.4%
  • Industrials8.8%
  • Healthcare6.2%

Book over time

Every quarter on file (81)
QuarterPositionsEquity book
Q2 202619$112m
Q1 202621$144m
Q4 202527$472m
Q3 202531$713m
Q2 202532$819m
Q1 202522$692m
Q4 202432$945m
Q3 202434$485m
Q2 202433$675m
Q1 202430$781m
Q4 202330$747m
Q3 202335$765m
Q2 202331$946m
Q1 202329$964m
Q4 202222$994m
Q3 202220$1.0bn
Q2 202216$881m
Q1 202214$919m
Q4 202115$1.0bn
Q3 202115$749m
Q2 202114$737m
Q1 202117$806m
Q4 202014$791m
Q3 202018$824m
Q2 202020$894m
Q1 202018$972m
Q4 201922$1.3bn
Q3 201922$1.6bn
Q2 201922$1.9bn
Q1 201923$2.6bn
Q4 201828$2.9bn
Q3 201836$4.9bn
Q2 201835$4.9bn
Q1 201830$4.7bn
Q4 201727$5.2bn
Q3 201731$5.3bn
Q2 201734$4.8bn
Q1 201730$4.7bn
Q4 201636$5.1bn
Q3 201637$4.8bn
Q2 201639$4.5bn
Q1 201639$4.9bn
Q4 201533$4.7bn
Q3 201538$4.1bn
Q2 201535$4.3bn
Q1 201526$4.3bn
Q4 201423$3.8bn
Q3 201427$3.4bn
Q2 201428$2.6bn
Q1 201425$2.2bn
Q4 201325$2.2bn
Q3 201333$2.4bn
Q2 201335$2.6bn
Q1 201318$1.3bn
Q4 201215$1.1bn
Q3 201222$1.2bn
Q2 201219$860m
Q1 201214$814m
Q4 201113$597m
Q3 201114$373m
Q2 201113$622m
Q1 201119$574m
Q4 201025$700m
Q2 201024$480m
Q1 201022$503m
Q4 200919$258m
Q3 200918$222m
Q1 200928$189m
Q4 200821$227m
Q3 200823$328m
Q1 200839$487m
Q4 200733$510m
Q3 200743$610m
Q2 200745$733m
Q1 200737$510m
Q4 200638$620m
Q2 200636$478m
Q3 200547$386m
Q2 200543$290m
Q1 200546$218m
Q4 200440$122m

Where Scopia Capital Management LP was early

86 rows
IYR DJ US REAL EST DJ US REAL ESTQ1 20051 of 983.9%7.2%10Exited by Q3 2008+16%
CMCSA COMCAST CORPORATION CMNQ1 20052 of 2193.1%3.8%4Exited by Q4 2006−3.1%
BIIB BIOGEN IDEC INC.CMNQ1 20053 of 1832.1%2.3%3Exited by Q2 2006+14%
IWM ISHARES TR RUSSELL 2000Q1 20053 of 23311.5%30.8%20Exited by Q2 2013+55%
DY DYCOM INDS INCQ1 20059 of 1471.3%1.3%3Exited by Q2 2017+304%
ALGN ALIGN TECHNOLOGY INCQ2 20051 of 1781.7%4.6%10Exited by Q3 2009+7.6%
PBH PRESTIGE BRANDS HOLDINGS INCQ3 20051 of 791.8%5.5%6Exited by Q4 2007−11%
EQR EQUITY RESIDENTIAL SH BEN INTQ4 20061 of 1201.8%2.8%6Exited by Q3 2008−18%
SNA SNAP-ON INCQ4 20061 of 1081.5%1.8%3Exited by Q3 2007+6.0%
EXMOC EXXON MOBIL CORPQ4 20062 of 1931.9%2.2%4Exited by Q4 2007+21%
GLW CORNING INCORPORATEDQ4 20065 of 1961.5%9.1%8Exited by Q1 2009−49%
CHH CHOICE HOTELS INTL INCQ1 20071 of 970.1%1.5%7Exited by Q2 2011+9.7%
OSK OSHKOSH CORPQ1 20071 of 1173.2%9.7%11Exited by Q1 2011−34%
GS GOLDMAN SACHS GROUP, INC.(THE)Q1 20073 of 2291.0%1.3%4Exited by Q1 2008+4.1%
FDS FACTSET RESH SYS INCQ2 20071 of 1302.3%2.8%3Exited by Q4 2008−24%
INTC INTEL CORPQ2 20076 of 2801.3%21.1%6Exited by Q1 2013−13%
SPY SPDR S&P 500 ETF TRQ3 20075 of 26713.8%13.8%8Exited by Q4 2020+119%
CENT CENTRAL GARDEN & PET COQ4 20071 of 500.6%2.2%2Exited by Q3 2008−20%
CENTA CENTRAL GARDEN & PET COQ4 20071 of 721.1%16.9%8Exited by Q2 2010+71%
NVR NVR INCQ4 20071 of 1451.9%2.5%4Exited by Q1 2011+32%
CAT CATERPILLAR INC DELQ4 20075 of 1873.5%20.4%13Exited by Q2 2013+20%
HURN HURON CONSULTING GROUP INCQ1 20081 of 752.0%5.8%3Exited by Q1 2009+38%
S9Q SPIRIT AEROSYSTEMS HLDGS INCQ1 20081 of 1533.9%39.0%57Exited by Q1 2023+33%
AWK AMERICAN WTR WKS CO INC NEWQ3 20091 of 1237.8%7.8%5Exited by Q1 2011+27%
RST ROSETTA STONE INCQ3 20091 of 464.9%8.3%4Exited by Q4 2010−0.1%
WPRT WESTPORT INNOVATIONS INCQ1 20101 of 480.5%2.4%4Exited by Q2 2011+33%
GME GAMESTOP CORP NEWQ1 20103 of 1244.4%4.4%2Exited by Q4 2010−14%
FCX FREEPORT-MCMORAN COPPER & GOQ1 20108 of 2239.7%9.7%6Exited by Q4 2011−27%
WFC WELLS FARGO & CO NEWQ1 201012 of 2124.3%5.1%3Exited by Q2 2011+1.9%
CLNE CLEAN ENERGY FUELS CORPQ2 20101 of 832.2%2.3%5Exited by Q4 2011−26%
BCO BRINKS COQ4 20102 of 1082.6%2.9%8Exited by Q3 2016+6.0%
FFIV F5 NETWORKS INCQ4 20103 of 1413.5%5.3%2Exited by Q2 2011−21%
FAST FASTENAL COQ4 20106 of 1429.7%9.7%2Exited by Q2 2011+8.2%
WMB WILLIAMS COS INC DELQ4 20108 of 2076.0%8.4%8Exited by Q2 2017+47%
TRIP TRIPADVISOR INCQ4 20111 of 2037.6%7.6%2Exited by Q2 2012+41%
JBLU JETBLUE AIRWAYS CORPQ2 20123 of 1650.4%7.3%6Exited by Q4 2013+26%
IBM INTERNATIONAL BUSINESS MACHSQ2 20124 of 16818.9%18.9%2Exited by Q4 2012+6.1%
ORI OLD REP INTL CORPQ3 20122 of 941.6%4.5%2Exited by Q1 2013+15%
UFS DOMTAR CORPQ3 20124 of 723.1%4.9%5Exited by Q4 2013+1.4%
BIGGQ BIG LOTS INCQ4 20123 of 899.9%9.9%3Exited by Q3 2013+11%
VZ VERIZON COMMUNICATIONS INCQ4 20127 of 1807.9%8.6%2Exited by Q2 2013+14%
TEVA TEVA PHARMACEUTICAL INDS LTDQ4 201216 of 1824.4%9.0%9Exited by Q1 2015+54%
GEO GEO GROUP INC NEWQ2 20131 of 1289.0%9.0%6Exited by Q4 2014+13%
GIII G-III APPAREL GROUP LTDQ2 20131 of 923.5%3.5%3Exited by Q1 2014+54%
NTAP NETAPP INCQ2 20131 of 1185.8%5.8%3Exited by Q1 2014+8.9%
AGO ASSURED GUARANTY LTDQ2 20135 of 1004.4%4.5%2Exited by Q4 2013−15%
BIDU BAIDU INCQ2 201313 of 2313.0%11.6%21Exited by Q3 2018+157%
CSCO CISCO SYS INCQ2 201313 of 1703.0%3.0%2Exited by Q4 2013−3.7%
AN AUTONATION INCQ3 20134 of 1434.1%6.6%6Exited by Q1 2015+16%
MYGN MYRIAD GENETICS INCQ4 20131 of 1050.7%6.2%12Exited by Q4 2016−1.9%

Concentration and tenure

15.0%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
70.5%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters