Scopia Capital Management L.P. 13F annual report

Scopia Capital Management L.P. is an investment fund managing more than $675 billion ran by Aaron Morse. There are currently 33 companies in Mr. Morse’s portfolio. The largest investments include Indivior Plc and Harmonic, together worth $158 billion.

Limited to 30 biggest holdings

$675 billion Assets Under Management (AUM)

As of 7th August 2024, Scopia Capital Management L.P.’s top holding is 5,901,242 shares of Indivior Plc currently worth over $92.5 billion and making up 13.7% of the portfolio value. In addition, the fund holds 5,598,194 shares of Harmonic worth $65.9 billion, whose value fell 3.6% in the past six months. The third-largest holding is Mercury Sys Inc worth $35.3 billion and the next is Fortrea Hldgs Inc worth $34.3 billion, with 1,469,397 shares owned.

Currently, Scopia Capital Management L.P.'s portfolio is worth at least $675 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Scopia Capital Management L.P.

The Scopia Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Aaron Morse serves as the COO & CCO at Scopia Capital Management L.P..

Recent trades

In the most recent 13F filing, Scopia Capital Management L.P. revealed that it had opened a new position in Freshworks Inc and bought 1,510,610 shares worth $19.2 billion.

The investment fund also strengthened its position in Harmonic by buying 1,726,587 additional shares. This makes their stake in Harmonic total 5,598,194 shares worth $65.9 billion. Harmonic soared 26.8% in the past year.

On the other hand, there are companies that Scopia Capital Management L.P. is getting rid of from its portfolio. Scopia Capital Management L.P. closed its position in Hunt J B Trans Svcs Inc on 14th August 2024. It sold the previously owned 116,805 shares for $23.3 billion. Aaron Morse also disclosed a decreased stake in Indivior Plc by approximately 0.1%. This leaves the value of the investment at $92.5 billion and 5,901,242 shares.

One of the average hedge funds

The two most similar investment funds to Scopia Capital Management L.P. are Rpg Investment Advisory and Biondo Investment Advisors. They manage $675 billion and $675 billion respectively.

Aaron Morse investment strategy

Scopia Capital Management L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 23.5% of the total portfolio value. The fund focuses on investments in the United States as 57.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 15% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $9.38 billion.

The complete list of Scopia Capital Management L.P. trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Indivior Plc	2.06% 5,901,242	$92,501,024,000	13.70%
Harmonic, Inc.	44.60% 5,598,194	$65,890,743,000	9.76%
Mercury Sys Inc	23.32% 1,306,118	$35,252,125,000	5.22%
Fortrea Hldgs Inc	125.93% 1,469,397	$34,295,726,000	5.08%
Marqeta Inc	3.23% 6,211,113	$34,036,899,000	5.04%
Tempur Sealy International Inc	1.95% 691,805	$32,750,049,000	4.85%
Regal Rexnord Corporation	7.46% 233,800	$31,614,436,000	4.68%
Aramark	18.01% 853,073	$29,021,543,000	4.30%
Humana Inc.	7.67% 75,234	$28,111,184,000	4.16%
Pegasystems Inc.	64.01% 398,122	$24,098,325,000	3.57%
Hunt J B Trans Svcs Inc	Closed 116,805	$23,273,396,000
Sharkninja Inc	38.98% 305,028	$22,922,854,000	3.39%
Enersys	43.51% 216,531	$22,415,289,000	3.32%
Aercap Holdings Nv	18.07% 238,855	$22,261,286,000	3.30%
Freshworks Inc	Opened 1,510,610	$19,169,641,000	2.84%
Corteva Inc	26.35% 345,462	$18,634,220,000	2.76%
Vestis Corporation	72.30% 1,448,312	$17,712,856,000	2.62%
Sprinklr, Inc.	10.48% 1,805,707	$17,370,901,000	2.57%
Smartsheet Inc	462.84% 391,633	$17,263,183,000	2.56%
GMS Inc	14.92% 206,450	$16,641,935,000	2.46%
KBR Inc	3.39% 238,998	$15,329,332,000	2.27%
Qorvo Inc	Closed 129,496	$14,870,026,000
Lamb Weston Holdings Inc	Opened 172,412	$14,496,401,000	2.15%
Zuora Inc	Closed 1,546,019	$14,099,693,000
Peloton Interactive Inc	16.52% 3,874,617	$13,096,205,000	1.94%
Driven Brands Holdings Inc.	Closed 776,683	$12,263,825,000
Axalta Coating Sys Ltd	38.29% 321,525	$10,986,509,000	1.63%
Gildan Activewear Inc	Opened 271,678	$10,302,030,000	1.53%
Elastic N.V	Closed 100,366	$10,060,688,000
Rapid7 Inc	Opened 214,227	$9,261,033,000	1.37%
Enhabit, Inc.	62.73% 595,745	$5,314,045,000	0.79%
Burlington Stores Inc	79.59% 18,871	$4,529,040,000	0.67%
Mannkind Corp	Opened 694,961	$3,627,696,000	0.54%
Impinj Inc	Opened 15,958	$2,501,736,000	0.37%
Mobileye Global Inc	No change 79,899	$2,243,963,000	0.33%
Western Un Co	Closed 85,953	$1,201,623,000
Carvana Co.	Opened 7,772	$1,000,412,000	0.15%
Leslies Inc	Opened 97,706	$409,388,000	0.06%
TPI Composites Inc	Opened 66,074	$263,635,000	0.04%
No transactions found
Showing first 500 out of 39 holdings