Scoggin Management L.P. 13F annual report

Scoggin Management L.P. is an investment fund managing more than $69.6 billion ran by Craig Schenker. There are currently 32 companies in Mr. Schenker’s portfolio. The largest investments include Element Solutions Inc and Soho House & Co Inc, together worth $21.7 billion.

Limited to 30 biggest holdings

$69.6 billion Assets Under Management (AUM)

As of 7th November 2023, Scoggin Management L.P.’s top holding is 575,000 shares of Element Solutions Inc currently worth over $11.3 billion and making up 16.2% of the portfolio value. Relative to the number of outstanding shares of Element Solutions Inc, Scoggin Management L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 1,500,000 shares of Soho House & Co Inc worth $10.4 billion. The third-largest holding is Apollo Global Mgmt Inc worth $6.73 billion and the next is Stellus Cap Invt Corp worth $3.65 billion, with 268,444 shares owned.

Currently, Scoggin Management L.P.'s portfolio is worth at least $69.6 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 Scoggin Management L.P.

The Scoggin Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Craig Schenker serves as the Principals at Scoggin Management L.P..

Recent trades

In the most recent 13F filing, Scoggin Management L.P. revealed that it had opened a new position in Stellus Cap Invt Corp and bought 268,444 shares worth $3.65 billion.

The investment fund also strengthened its position in Soho House & Co Inc by buying 269,555 additional shares. This makes their stake in Soho House & Co Inc total 1,500,000 shares worth $10.4 billion.

On the other hand, there are companies that Scoggin Management L.P. is getting rid of from its portfolio. Scoggin Management L.P. closed its position in Activision Blizzard Inc on 14th November 2023. It sold the previously owned 50,000 shares for $4.28 billion. Craig Schenker also disclosed a decreased stake in Element Solutions Inc by 0.2%. This leaves the value of the investment at $11.3 billion and 575,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Scoggin Management L.P. are Barington Capital Group, L.P. and New York State Common Retirement Fund. They manage $69.6 billion and $69.6 billion respectively.

Craig Schenker investment strategy

Scoggin Management L.P.’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Materials — making up 18.8% of the total portfolio value. The fund focuses on investments in the United States as 34.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 9% of the total holdings value. On the other hand, large-cap stocks make up only 3.1% of the portfolio. The average market cap of the portfolio companies is close to $78 billion.

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

These positions were updated on November 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
Element Solutions Inc	18.15% 575,000	$11,275,750,000	16.19%
Soho House & Co Inc	21.91% 1,500,000	$10,395,000,000	14.93%
Apollo Global Mgmt Inc	40.00% 75,000	$6,732,000,000	9.67%
Activision Blizzard Inc	Closed 50,000	$4,279,500,000
Weave Communications, Inc.	Closed 586,391	$3,898,254,000
Stellus Cap Invt Corp	Opened 268,444	$3,650,838,000	5.24%
Whole Earth Brands, Inc.	9.55% 1,013,338	$3,648,017,000	5.24%
Alphabet Inc	Opened 25,000	$3,296,250,000	4.73%
Groupon Inc	Opened 200,000	$3,064,000,000	4.40%
Saratoga Invt Corp	Opened 113,700	$2,922,090,000	4.20%
Scorpio Tankers, Inc.	Opened 50,000	$2,706,000,000	3.89%
National Instrs Corp	Closed 50,000	$2,620,500,000
Spdr S&p 500 Etf Tr	Closed 6,000	$2,456,340,000
APi Group Corporation	Closed 100,000	$2,248,000,000
Gladstone Capital Corp.	Opened 232,076	$2,237,213,000	3.21%
Alibaba Group Hldg Ltd	50.00% 25,000	$2,168,500,000	3.11%
UBS Group AG	Closed 100,000	$2,134,000,000
Neumora Therapeutics Inc	Opened 150,000	$2,116,500,000	3.04%
Advisorshares Tr	No change 250,000	$1,985,000,000	2.85%
Telephone & Data Sys Inc	Opened 100,000	$1,831,000,000	2.63%
Constellium SE	Opened 98,800	$1,798,160,000	2.58%
Anterix Inc.	Closed 50,000	$1,652,000,000
Ibex Ltd	Closed 101,591	$1,597,458,000
Enhabit, Inc.	37.50% 125,000	$1,406,250,000	2.02%
Rgc Res Inc	Closed 60,176	$1,395,481,000
Designer Brands Inc	Opened 100,000	$1,266,000,000	1.82%
Seaworld Entmt Inc	Opened 25,000	$1,156,250,000	1.66%
Carvana Co.	Opened 25,000	$1,049,500,000	1.51%
Obsidian Energy Ltd.	20.00% 100,000	$822,000,000	1.18%
Five Point Holdings LLC	47.37% 250,000	$742,500,000	1.07%
Energy Vault Holdings Inc	16.67% 250,000	$637,500,000	0.92%
Aeva Technologies Inc	Opened 764,969	$585,125,000	0.84%
Rvl Pharmaceuticals Plc	Closed 500,000	$570,000,000
X4 Pharmaceuticals, Inc.	Closed 484,796	$567,025,000
Momentus Inc	Closed 775,000	$453,375,000
Westamerica Bancorporation	Opened 10,000	$432,500,000	0.62%
Clene Inc	Opened 750,000	$371,925,000	0.53%
Jasper Therapeutics Inc	Opened 508,045	$355,632,000	0.51%
Applied Optoelectronics Inc	Opened 28,901	$317,044,000	0.46%
William Penn Bancorporation	Opened 21,519	$268,557,000	0.39%
Vaxxinity Inc	No change 150,000	$205,500,000	0.30%
Heliogen Inc	97.14% 17,857	$67,499,000	0.10%
Aldderya Therapeutics Inc	Opened 10,000	$66,800,000	0.10%
Momentus Inc	Opened 30,000	$60,000,000	0.09%
Exela Technologies Inc	Closed 12,771	$498,000
No transactions found
Showing first 500 out of 45 holdings