SCOPUS ASSET MANAGEMENT, L.P.

Scopus Asset Management LP is an investment management firm acting as a hedge fund sponsor. The company is based out of New York City and was established in 1998 by founder Alexander M. Mitchell, who is currently still with the company today acting as its portfolio manager and managing partner. Scopus Asset Management is employee owned with the controlling majority holding in the company owned by founder Alexander M. Mitchell and the minority remaining shares split amongst various key executives. The firm has grown to 21 employees of which 14 are investment professionals. The company conducts its research internally, utilizing a bottom up investment methodology with fundamental analysis to make its investment decisions. Scopus Asset Management focuses on producing returns through capital appreciation, investing its assets in the common stocks and derivative instruments in the public equity markets of the U.S. The company invests most heavily in the consumer discretionary sector, which alone makes up over half of its total asset allocations, and also invests in the industrials, finance, transports, and materials sectors, among others to a lesser degree, in order of decreasing allocation. Scopus Asset Management’s top holdings is in SPDR S&P 500 ETF Index Depositary Receipts with none of its other investments reaching over 3% of its total asset allocations and its top 10 holdings being approximately a quarter of its total holdings. The company currently holds over $3.5 billion in total assets under management spread across 5 accounts, all of which are discretionary. Both of Scopus Asset Management’s total number of accounts and total assets under management have been relatively stable in recent years, which its total assets experiencing a slight increase from $3.3 billion back in 2012 to its current amount today. The company currently provides its services exclusively to pooled investment vehicles and take advisory fees from a percentage of assets and performance based fees.