SCOGGIN MANAGEMENT LP

Fundamental concentrated ★Signal financials specialist (65%) CIK 1086416
League rank
#75
in Fundamental concentrated · #93 overall
Long book
$254.0M
Q1 2026
Positions
30
Top-10 weight
93%
concentration
Last quarter
+38.4%
SPY +14.8%
Turnover
53%
of book per quarter

Strategy in plain words

auto-generated from filings

SCOGGIN MANAGEMENT LP is a concentrated fundamental stock-picker, specialised in financials (65% of the long book), running a $254.0M US long book across 30 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: TERAWULF INC, CORE SCIENTIFIC INC, ENERGY VAULT HOLDINGS INC, ECHOSTAR CORP-A, APOLLO GLOBAL MANAGEMENT INC.

Over the last 9 quarters its long book ran on average 7.7pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.3%
Q2 2024
+5.3%
Q3 2024
+16.7%
Q4 2024
-23.4%
Q1 2025
+17.0%
Q2 2025
+45.3%
Q3 2025
-0.5%
Q4 2025
+4.8%
Q1 2026
+38.4%

Sector allocation

Financials
62%
Technology
14%
Other
9%
Communications
7%
Utilities
4%
Healthcare
2%
Industrials
1%
Consumer staples
1%

Long book by quarter

$134.6M
Q1 2024
$149.7M
Q2 2024
$181.2M
Q3 2024
$190.4M
Q4 2024
$202.0M
Q1 2025
$210.6M
Q2 2025
$252.3M
Q3 2025
$262.4M
Q4 2025
$254.0M
Q1 2026

What does SCOGGIN MANAGEMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
WULF TERAWULF INCFinancials7.5M$108.2M42.6%+18.6%
CORZ CORE SCIENTIFIC INCFinancials2.0M$29.9M11.8%+70.2%
NRGV ENERGY VAULT HOLDINGS INCTechnology5.5M$18.1M7.1%+8.4%
ECHO ECHOSTAR CORP-ACommunications150.0K$17.6M6.9%-62.5%
APO APOLLO GLOBAL MANAGEMENT INCFinancials125.0K$13.9M5.5%New
NBIS NEBIUS GROUP NVTechnology125.0K$13.0M5.1%-37.5%
PTON PELOTON INTERACTIVE INC-AOther2.6M$11.3M4.4%+31.6%
WLAC WILLOW LANE ACQUISITION-CL A1.0M$10.7M4.2%+42.9%
NVRI ENVIRI CORPUtilities500.0K$9.8M3.9%+33.3%
VIA VIA TRANSPORTATION INC-CL ATechnology250.0K$3.8M1.5%New
AEVA AEVA TECHNOLOGIES INCIndustrials250.0K$3.3M1.3%+66.7%
CLSK CLEANSPARK INCFinancials300.0K$2.6M1.0%New
NOMD NOMAD FOODS LTDConsumer staples250.0K$2.4M0.9%New
SKYA SKYAI INCHealthcare1.0M$1.7M0.7%-13.0%
CLNN CLENE INCHealthcare300.0K$1.5M0.6%+9.1%
CTEV CLARITEV CORPServices media88.5K$1.4M0.6%New
LENZ LENZ THERAPEUTICS INCHealthcare125.0K$1.1M0.5%Held
SHAZ SHARONAI HOLDINGS INCTechnology15.0K$341K0.1%New
CEPF CANTOR EQUITY PARTNERS-CL AFinancials20.0K$204K0.1%Held
CEPV CANTOR EQUITY PARTNERS-CL AFinancials20.0K$202K0.1%Held
BUR BURFORD CAPITAL LTDFinancials25.0K$113K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202651$1.04B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202660$651.9M canonicalSEC ↗
Q3 202513F-HRNov 13, 202562$639.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202568$481.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 202558$358.9M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202563$493.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 202478$420.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 202460$301.0M canonicalSEC ↗
Q1 202413F-HRMay 15, 202462$292.3M canonicalSEC ↗