Scopia Capital Management LP Q2 2026 Portfolio Activity Analysis
This report details observable stock purchases and sales by Scopia Capital Management LP during the second quarter of 2026, based on available disclosures.
As reported in filings up to June 30, 2026, Scopia Capital Management Lp's portfolio saw significant changes during the second quarter. The investor's holdings experienced notable reductions across several stocks while adding a new position in VSTS.
Among the most prominent activities was the substantial reduction of their stake in JBHT, which saw an 78.53% decrease in shares and a corresponding drop in its portfolio allocation to just 2.1%. This large sale suggests the investor is strategically exiting this position.
Several other holdings also showed significant declines during Q2:
- PTON, PELOTON INTERACTIVE INC, experienced a 14.83% reduction in shares.
- HLIT, HARMONIC INC, saw its share count drop by 23.91%, indicating substantial selling pressure.
- CC, CHEMOURS CO, was reduced by a significant 33.61% in shares.
- CTVA, CORTEVA INC, also faced substantial selling resulting in an approximate 29.48% share reduction.
- Additionally, LIVN, LIVANOVA PLC, experienced a nearly 39.43% decrease in shares.
In contrast to these exits, Scopia Capital Management added VSTS, VESTIS CORPORATION, during the quarter despite a 48.92% reduction in its share count from the previous period.
While most changes involved reductions or exits, there was one notable increase: VVV, VALVOLINE INC. The investor increased their position in VVV by 38.9% (78,904 shares), boosting its portfolio allocation to nearly 10%. This significant buying activity stands out compared to the widespread selling observed elsewhere.
Furthermore, the investor also purchased KKR, KKR & CO INC, increasing their stake by 2.8% (-25,611 shares) and adding it to holdings valued at approximately $5.9 million.
The overall portfolio allocation for Scopia Capital Management reflects a mix of sectors with strong exposure in Consumer Cyclical (including PTON, VVV, AMZN), Basic Materials (CC, CTVA), Industrials (HLIT, RRX, ENS, JBHT), and Technology (HLIT). The remaining value is allocated to Financial Services (KKR), Communication Services (DASH, BATRK), and Healthcare.