The Scopia Capital Management Q3 2022 vs. Q4 2022: A Look at Their 13F Holdings

As 2022 is slowly coming to an end, investors are eagerly waiting for the latest 13F holdings of one of the top hedge funds, Scopia Capital Management LP. Scopia Capital is known for its expertise in long/short equity funds and has generated impressive returns for its clients over the years. In this article, we will take a closer look at the changes in their Q3 2022 vs Q4 2022 13F holdings comparison.

KBR Inc - A Decrease in Shareholdings

With KBR Inc being one of the largest holdings of Scopia Capital in Q3 2022, it is interesting to note that the number of shares held by the hedge fund decreased from 2,015,919 to 1,730,821 in Q4 2022. Despite the decrease, the value of these holdings increased from $87,128,000 to $91,387,000 in Q4 2022, representing a 4.9% change.

Harmonic Inc - Another Decrease in Shareholdings

Harmonic Inc was the second-largest holding of Scopia Capital in Q3 2022, with 7,625,490 shares held. However, there was a significant decrease in the number of shares held in Q4 2022, with only 6,322,507 shares held, representing a 16.9% change. The value of these holdings also decreased from $99,665,000 to $82,824,000 in Q4 2022.

Verra Mobility Corp - A Significant Decrease in Shareholdings

Verra Mobility Corp was the third-largest holding of Scopia Capital in Q3 2022, with 8,101,369 shares held. However, in Q4 2022, the number of shares held drastically decreased to 5,895,689, representing a 34.5% change. The value of these holdings also decreased from $124,518,000 to $81,537,000 in Q4 2022.

Other Notable Changes in Holdings

Oak Street Health Inc had a significant increase in shareholdings, with the number of shares held increasing from 1,902,784 to 2,751,389 in Q4 2022, representing a 26.8% change. Qorvo Inc also had a notable increase in shareholdings, with the number of shares held increasing from 358,414 to 625,010 in Q4 2022, representing a 99% change.

On the other hand, Aramark had a significant decrease in shareholdings, with the number of shares held decreasing from 1,822,522 to 737,368 in Q4 2022, representing a 46.4% change. Spirit AeroSystems Holdings Inc also had a significant decrease in shareholdings, with the number of shares held decreasing from 2,245,352 to 677,925 in Q4 2022, representing a 59.2% change.

Conclusion

As investors continue to monitor hedge fund holdings, the Q3 2022 vs Q4 2022 13F holdings of Scopia Capital Management LP provide a glimpse into their current investment strategy. While there have been notable changes in their holdings, it is essential to keep in mind that these changes do not necessarily reflect a shift in their overall investment approach. As always, investors should conduct their own research and analysis before making any investment decisions.