Scopus Asset Management, L.P.
Scopus Asset Management, L.P. is a New York-based hedge fund founded by Alexander Mitchell. The firm operates primarily as an investment adviser serving institutional investors and high-net-worth individuals. It manages several funds and related entities, has been active for over a decade, and maintains a relatively lean team with under 25 employees. Its office is located at 717 Fifth Avenue in Manhattan.
Investment Strategy
Scopus Asset Management employs a long/short equity investment strategy, taking both long positions in stocks expected to appreciate and short positions in securities anticipated to decline. The firm actively manages a diversified portfolio across multiple sectors, balancing long and short exposures to manage risk and generate alpha. Their investment process is research-intensive, focusing on fundamental analysis and a bottom-up stock selection approach.
Top Holdings
Equity Positions (128)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FIVE | FIVE BELOW INC | 1.87% | $111.0M | 845,852 | $111.96 | $131.18 | +$89.3M |
T TPR | TAPESTRY INC | 1.83% | $108.7M | 1,238,040 | $68.71 | $87.81 | +$34.5M |
A AMZN | AMAZON COM INC | 1.74% | $103.7M | 472,538 | $153.27 | $219.39 | +$14.5M |
R ROST | ROSS STORES INC | 1.72% | $102.3M | 801,698 | $127.58 | $127.58 | +$102.3M |
C CVNA | CARVANA CO | 1.72% | $102.1M | 303,000 | $189.24 | $336.96 | +$39.5M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | New | Put | $108.6M | 1,968 | $551.64 | $551.64 | +1,968 | +$108.6M |
T TSLA | TESLA INC | New | Call | $93.8M | 2,954 | $317.66 | $317.66 | +2,954 | +$93.8M |
X XLI | SELECT SECTOR SPDR TR | Bought | Put | $87.1M | 5,907 | $147.52 | $141.95 | +3,907 | +$60.9M |
A ARKK | ARK ETF TR | New | Put | $69.2M | 9,846 | $70.29 | $70.29 | +9,846 | +$69.2M |
A APP | APPLOVIN CORP | New | Call | $68.9M | 1,969 | $350.08 | $350.08 | +1,969 | +$68.9M |