SCP Investment, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), SCP Investment, LP reported 40 stock positions worth $124.1 million. Its top holding was Alphabet Class A (GOOGL) at 19.1% of the portfolio, followed by Lineage (LINE, 14.9%) and Caesars Entertainment (CZR, 12.0%). Compared with Q2 2025, it opened 10 new positions, sold out of 13, added to 13 and reduced 15. The biggest buy was Alphabet Class A (GOOGL, shares +56%) and the biggest sale an exit from RH (RH).
- Most Recent 13F
- Q2 2026
- Location
- ORINDA, CA
- CIK
- 0001730961
- Portfolio Value
- $124.1M (Q3 2025)
- SEC Filing
- 0001104659-25-108297 ↗ filed Nov 7, 2025
Holdings Value
Holdings 40 stocks · $124.1M
| GOOGL Alphabet Inc. Class A | 19.11% | 97,500 | $23.7M | Add +56.0% |
| LINE Lineage Inc. | 14.95% | 480,000 | $18.5M | Add +113.3% |
| CZR Caesars Entertainment Inc. | 11.98% | 550,000 | $14.9M | Reduce -10.6% |
| UBER Uber Technologies Inc. | 10.66% | 135,000 | $13.2M | No change |
| GOGO Gogo Inc. | 9.69% | 1,400,000 | $12.0M | Reduce -9.7% |
| GOOS Canada Goose Holdings Inc. | 3.89% | 350,000 | $4.8M | Add +75.0% |
| AAPL Apple Inc. | 2.05% | 10,000 | $2.5M | No change |
| PCG P G & E Corp. | 2.03% | 166,800 | $2.5M | Add +24.9% |
| VNOM Viper Energy Inc. Class A | 1.60% | 51,800 | $2.0M | New |
| SU Suncor Energy Inc. | 1.54% | 45,800 | $1.9M | New |
| TRGP Targa Resources Corp. | 1.39% | 10,288 | $1.7M | Add +49.4% |
| AMRN Amarin Corp. PLC -ADR | 1.32% | 100,000 | $1.6M | Reduce -20.0% |
| SHEL Shell PLC-ADR | 1.26% | 21,800 | $1.6M | Add +29.8% |
| FSLR First Solar Inc. | 1.22% | 6,888 | $1.5M | Reduce -20.7% |
| FANG Diamondback Energy Inc. | 1.22% | 10,608 | $1.5M | Add +55.8% |
| COP Conocophillips | 1.19% | 15,668 | $1.5M | Reduce -24.2% |
| NEE Nextera Energy Inc. | 1.13% | 18,600 | $1.4M | Add +89.8% |
| XLV SS Health Care Select Sector | 1.12% | 10,000 | $1.4M | New |
| EQT Eqt Corp. | 1.08% | 24,600 | $1.3M | Reduce -19.1% |
| CVX Chevron Corp. | 1.08% | 8,600 | $1.3M | Reduce -10.4% |
| PR Permian Resources Corp. Class A | 0.97% | 93,600 | $1.2M | Add +225.0% |
| ET Energy Transfer LP | 0.96% | 69,600 | $1.2M | Add +4.2% |
| CNQ Canadian Natural Resources | 0.92% | 35,800 | $1.1M | New |
| VLO Valero Energy Corp. | 0.91% | 6,600 | $1.1M | Add +73.7% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.82% | 13,688 | $1.0M | Add +124.8% |
| BKR Baker Hughes Co. | 0.80% | 20,400 | $994K | Reduce -10.5% |
| VG Venture Global Inc. Class A | 0.78% | 68,088 | $966K | New |
| SO The Southern Co. | 0.73% | 9,600 | $910K | Reduce -17.2% |
| KGS Kodiak Gas Services Inc. | 0.50% | 16,800 | $621K | New |
| HBM Hudbay Minerals Inc. | 0.47% | 38,800 | $588K | New |
| DINO HF Sinclair Corp. | 0.41% | 9,600 | $502K | Add +41.2% |
| CCJ Cameco Corp. | 0.32% | 4,800 | $403K | Reduce -29.4% |
| XEL Xcel Energy Inc. | 0.31% | 4,800 | $387K | Reduce -62.5% |
| SCCO Southern Copper Corp. | 0.28% | 2,888 | $350K | Reduce -40.1% |
| MPLX MPLX LP | 0.27% | 6,800 | $340K | New |
| AEP American Electric Power | 0.25% | 2,800 | $315K | New |
| OVV Ovintiv Inc. | 0.22% | 6,800 | $275K | New |
| HAL Halliburton Co. | 0.21% | 10,800 | $266K | Reduce -27.0% |
| PTEN Patterson-Uti Energy Inc. | 0.20% | 48,800 | $253K | Reduce -45.0% |
| ARRY Array Technologies Inc. | 0.13% | 19,800 | $161K | Reduce -80.5% |
Portfolio Sells Q2 2025 → Q3 2025
| RH RH | Sold out | 0.00% | −14.41 |
| GOGO Gogo Inc. | Reduce -9.7% | 9.69% | −8.57 |
| CZR Caesars Entertainment Inc. | Reduce -10.6% | 11.98% | −2.03 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −2.01 |
| FTI Technipfmc PLC | Sold out | 0.00% | −0.60 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.59 |
| XEL Xcel Energy Inc. | Reduce -62.5% | 0.31% | −0.39 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.36 |
| ARRY Array Technologies Inc. | Reduce -80.5% | 0.13% | −0.35 |
| EQT Eqt Corp. | Reduce -19.1% | 1.08% | −0.34 |
| SIL Global X Silver Miners ETF | Sold out | 0.00% | −0.34 |
| AMRN Amarin Corp. PLC -ADR | Reduce -20.0% | 1.32% | −0.31 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.30 |
| COP Conocophillips | Reduce -24.2% | 1.19% | −0.29 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −0.24 |
| PTEN Patterson-Uti Energy Inc. | Reduce -45.0% | 0.20% | −0.22 |
| BWXT BWX Technologies Inc. | Sold out | 0.00% | −0.21 |
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −0.20 |
| KGC Kinross Gold Corp. | Sold out | 0.00% | −0.14 |
| SO The Southern Co. | Reduce -17.2% | 0.73% | −0.12 |
| EOSE Eos Energy Enterprises Inc. | Sold out | 0.00% | −0.12 |
| SCCO Southern Copper Corp. | Reduce -40.1% | 0.28% | −0.11 |
| CCJ Cameco Corp. | Reduce -29.4% | 0.32% | −0.08 |
| HL Hecla Mining Co. | Sold out | 0.00% | −0.07 |
| HAL Halliburton Co. | Reduce -27.0% | 0.21% | −0.03 |
| CVX Chevron Corp. | Reduce -10.4% | 1.08% | −0.03 |
| FSLR First Solar Inc. | Reduce -20.7% | 1.22% | +0.07 |
| BKR Baker Hughes Co. | Reduce -10.5% | 0.80% | +0.10 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +56.0% | 19.11% | +10.26 |
| LINE Lineage Inc. | Add +113.3% | 14.95% | +7.09 |
| GOOS Canada Goose Holdings Inc. | Add +75.0% | 3.89% | +2.09 |
| VNOM Viper Energy Inc. Class A | New | 1.60% | +1.60 |
| SU Suncor Energy Inc. | New | 1.54% | +1.54 |
| XLV SS Health Care Select Sector | New | 1.12% | +1.12 |
| CNQ Canadian Natural Resources | New | 0.92% | +0.92 |
| VG Venture Global Inc. Class A | New | 0.78% | +0.78 |
| PR Permian Resources Corp. Class A | Add +225.0% | 0.97% | +0.65 |
| NEE Nextera Energy Inc. | Add +89.8% | 1.13% | +0.59 |
| NXT Nextpower Inc. | Add +124.8% | 0.82% | +0.55 |
| PCG P G & E Corp. | Add +24.9% | 2.03% | +0.53 |
| KGS Kodiak Gas Services Inc. | New | 0.50% | +0.50 |
| VLO Valero Energy Corp. | Add +73.7% | 0.91% | +0.50 |
| HBM Hudbay Minerals Inc. | New | 0.47% | +0.47 |
| FANG Diamondback Energy Inc. | Add +55.8% | 1.22% | +0.47 |
| TRGP Targa Resources Corp. | Add +49.4% | 1.39% | +0.43 |
| SHEL Shell PLC-ADR | Add +29.8% | 1.26% | +0.31 |
| MPLX MPLX LP | New | 0.27% | +0.27 |
| AEP American Electric Power | New | 0.25% | +0.25 |
| OVV Ovintiv Inc. | New | 0.22% | +0.22 |
| DINO HF Sinclair Corp. | Add +41.2% | 0.41% | +0.18 |
| ET Energy Transfer LP | Add +4.2% | 0.96% | −0.01 |
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 |