SCP Investment, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), SCP Investment, LP reported 48 stock positions worth $130.9 million. Its top holding was RH (RH) at 22.6% of the portfolio, followed by Caesars Entertainment (CZR, 15.7%) and Alphabet Class A (GOOGL, 12.7%). Compared with Q3 2024, it opened 12 new positions, sold out of 10, added to 16 and reduced 16. The biggest buy was a new position in Lineage (LINE) and the biggest sale Uber Technologies (UBER, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- ORINDA, CA
- CIK
- 0001730961
- Portfolio Value
- $130.9M (Q4 2024)
- SEC Filing
- 0001104659-25-012011 ↗ filed Feb 12, 2025
Holdings Value
Holdings 48 stocks · $130.9M
| RH RH | 22.55% | 75,000 | $29.5M | Add +10.3% |
| CZR Caesars Entertainment Inc. | 15.70% | 615,000 | $20.6M | Reduce -31.7% |
| GOOGL Alphabet Inc. Class A | 12.65% | 87,500 | $16.6M | Add +66.7% |
| GOGO Gogo Inc. | 8.96% | 1,450,000 | $11.7M | Add +51.0% |
| LINE Lineage Inc. | 8.05% | 180,000 | $10.5M | New |
| UBER Uber Technologies Inc. | 6.22% | 135,000 | $8.1M | Reduce -61.4% |
| COP Conocophillips | 2.85% | 37,668 | $3.7M | Add +78.8% |
| AAPL Apple Inc. | 1.91% | 10,000 | $2.5M | No change |
| FSLR First Solar Inc. | 1.83% | 13,588 | $2.4M | Add +249.5% |
| GOOS Canada Goose Holdings Inc. | 1.53% | 200,000 | $2.0M | Reduce -57.0% |
| AES AES Corp. | 1.37% | 139,600 | $1.8M | Add +384.7% |
| SHEL Shell PLC-ADR | 1.33% | 27,800 | $1.7M | Add +21.4% |
| PR Permian Resources Corp. Class A | 1.31% | 118,800 | $1.7M | Add +315.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.28% | 43,800 | $1.7M | Reduce -12.1% |
| AMARIN CORP PLC | 0.93% | 2,500,000 | $1.2M | No change |
| FANG Diamondback Energy Inc. | 0.85% | 6,808 | $1.1M | Add +47.7% |
| FLNC Fluence Energy Inc. | 0.74% | 61,400 | $975K | Add +66.8% |
| FTI Technipfmc PLC | 0.73% | 32,800 | $949K | Add +272.7% |
| XOM Exxon Mobil Corp. | 0.72% | 8,800 | $947K | Reduce -10.2% |
| SU Suncor Energy Inc. | 0.68% | 24,800 | $885K | Add +31.9% |
| CNQ Canadian Natural Resources | 0.63% | 26,800 | $827K | Add +59.5% |
| PCG P G & E Corp. | 0.60% | 38,800 | $783K | New |
| GDX Vaneck Gold Miners ETF | 0.59% | 22,800 | $773K | New |
| LNG Cheniere Energy Inc. | 0.46% | 2,800 | $602K | Reduce -26.3% |
| SRE Sempra | 0.46% | 6,800 | $596K | New |
| BP BP PLC-Spons ADR | 0.42% | 18,800 | $556K | Add +46.9% |
| GTLS Chart Industries Inc. | 0.41% | 2,800 | $534K | Reduce -71.4% |
| VNOM Viper Energy Inc. | 0.40% | 10,800 | $530K | New |
| ET Energy Transfer LP | 0.40% | 26,800 | $525K | Add +28.9% |
| TRGP Targa Resources Corp. | 0.38% | 2,800 | $500K | Reduce -41.7% |
| CRGY Crescent Energy Inc. Class A | 0.31% | 28,000 | $409K | New |
| EQT Eqt Corp. | 0.31% | 8,800 | $406K | Reduce -64.2% |
| CVX Chevron Corp. | 0.31% | 2,800 | $406K | Add +55.6% |
| BKR Baker Hughes Co. | 0.30% | 9,600 | $394K | Reduce -25.0% |
| SLV iShares Silver Trust | 0.26% | 12,800 | $337K | Reduce -35.4% |
| SCCO Southern Copper Corp. | 0.19% | 2,799 | $255K | Reduce -3.1% |
| GLD SPDR Gold Shares | 0.19% | 1,001 | $242K | New |
| WPM Wheaton Precious Metals Corp. | 0.16% | 3,800 | $214K | No change |
| AR Antero Resources Corp. | 0.16% | 6,000 | $210K | New |
| WFRD Weatherford International PL | 0.15% | 2,830 | $203K | Reduce -75.8% |
| KGC Kinross Gold Corp. | 0.12% | 16,800 | $156K | New |
| HL Hecla Mining Co. | 0.11% | 28,800 | $141K | No change |
| RUN Sunrun Inc. | 0.10% | 14,800 | $137K | New |
| SHLS Shoals Technologies Group -A | 0.10% | 22,800 | $126K | Reduce -74.3% |
| ARRY Array Technologies Inc. | 0.10% | 20,800 | $126K | Reduce -76.6% |
| STEM Stem Inc. | 0.06% | 128,688 | $78K | Reduce -65.3% |
| NOVAQ Sunnova Energy International | 0.05% | 18,810 | $65K | New |
| EVGO Evgo Inc. | 0.05% | 14,800 | $60K | New |
Portfolio Sells Q3 2024 → Q4 2024
| UBER Uber Technologies Inc. | Reduce -61.4% | 6.22% | −12.91 |
| CZR Caesars Entertainment Inc. | Reduce -31.7% | 15.70% | −11.62 |
| GOOS Canada Goose Holdings Inc. | Reduce -57.0% | 1.53% | −2.71 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −1.04 |
| WFRD Weatherford International PL | Reduce -75.8% | 0.15% | −0.57 |
| GTLS Chart Industries Inc. | Reduce -71.4% | 0.41% | −0.48 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.46 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.45 |
| TCSGQ Container Store Group Inc. | Sold out | 0.00% | −0.45 |
| EQT Eqt Corp. | Reduce -64.2% | 0.31% | −0.35 |
| ARRY Array Technologies Inc. | Reduce -76.6% | 0.10% | −0.33 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −0.32 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.30 |
| SHLS Shoals Technologies Group -A | Reduce -74.3% | 0.10% | −0.27 |
| SLB SLB Ltd. | Reduce -12.1% | 1.28% | −0.24 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.24 |
| RTX RTX Corp. | Sold out | 0.00% | −0.22 |
| SLV iShares Silver Trust | Reduce -35.4% | 0.26% | −0.15 |
| TRGP Targa Resources Corp. | Reduce -41.7% | 0.38% | −0.14 |
| BORR Borr Drilling Ltd. | Sold out | 0.00% | −0.12 |
| XOM Exxon Mobil Corp. | Reduce -10.2% | 0.72% | −0.11 |
| EOSE Eos Energy Enterprises Inc. | Sold out | 0.00% | −0.06 |
| SCCO Southern Copper Corp. | Reduce -3.1% | 0.19% | −0.05 |
| LNG Cheniere Energy Inc. | Reduce -26.3% | 0.46% | −0.04 |
| BKR Baker Hughes Co. | Reduce -25.0% | 0.30% | −0.04 |
| STEM Stem Inc. | Reduce -65.3% | 0.06% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| LINE Lineage Inc. | New | 8.05% | +8.05 |
| GOOGL Alphabet Inc. Class A | Add +66.7% | 12.65% | +6.32 |
| RH RH | Add +10.3% | 22.55% | +6.01 |
| GOGO Gogo Inc. | Add +51.0% | 8.96% | +3.95 |
| COP Conocophillips | Add +78.8% | 2.85% | +1.24 |
| FSLR First Solar Inc. | Add +249.5% | 1.83% | +1.12 |
| PR Permian Resources Corp. Class A | Add +315.4% | 1.31% | +1.02 |
| AES AES Corp. | Add +384.7% | 1.37% | +0.95 |
| PCG P G & E Corp. | New | 0.60% | +0.60 |
| GDX Vaneck Gold Miners ETF | New | 0.59% | +0.59 |
| FTI Technipfmc PLC | Add +272.7% | 0.73% | +0.56 |
| SRE Sempra | New | 0.46% | +0.46 |
| VNOM Viper Energy Inc. | New | 0.40% | +0.40 |
| CRGY Crescent Energy Inc. Class A | New | 0.31% | +0.31 |
| FANG Diamondback Energy Inc. | Add +47.7% | 0.85% | +0.27 |
| SHEL Shell PLC-ADR | Add +21.4% | 1.33% | +0.23 |
| CNQ Canadian Natural Resources | Add +59.5% | 0.63% | +0.23 |
| GLD SPDR Gold Shares | New | 0.19% | +0.19 |
| SU Suncor Energy Inc. | Add +31.9% | 0.68% | +0.17 |
| AR Antero Resources Corp. | New | 0.16% | +0.16 |
| ET Energy Transfer LP | Add +28.9% | 0.40% | +0.16 |
| FLNC Fluence Energy Inc. | Add +66.8% | 0.74% | +0.14 |
| BP BP PLC-Spons ADR | Add +46.9% | 0.42% | +0.13 |
| KGC Kinross Gold Corp. | New | 0.12% | +0.12 |
| CVX Chevron Corp. | Add +55.6% | 0.31% | +0.12 |
| RUN Sunrun Inc. | New | 0.10% | +0.10 |
| NOVAQ Sunnova Energy International | New | 0.05% | +0.05 |
| EVGO Evgo Inc. | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $108.5M | GOOGL, UBER, BIRK, BX, XLV |
| Q1 2026 | 48 | $90.3M | GOOGL, UBER, AMZN, LINE, CZR |
| Q4 2025 | 41 | $122.4M | GOOGL, CZR, DKNG, UBER, AMZN |
| Q3 2025 | 40 | $124.1M | GOOGL, LINE, CZR, UBER, GOGO |
| Q2 2025 | 43 | $124.6M | GOGO, RH, CZR, UBER, GOOGL |
| Q1 2025 | 46 | $117.3M | RH, CZR, GOGO, LINE, UBER |
| Q4 2024 | 48 | $130.9M | RH, CZR, GOOGL, GOGO, LINE |
| Q3 2024 | 46 | $137.5M | CZR, UBER, RH, GOOGL, GOGO |
| Q2 2024 | 51 | $157.0M | CZR, UBER, GOOGL, RH, GOGO |
| Q1 2024 | 51 | $159.0M | CZR, RH, UBER, GOOGL, GOGO |