SCP Investment, LP
ORINDA, CA
$108m in 47 US stocks at the end of 30 June 2026. The top 10 are 62.2% of the money. It changed about 34.1% of the portfolio this quarter.
Value
$108m
Stocks
47
Top 10 share
62.2%
Turnover
34.1%
What changed this quarter
New
Bought for the first time this quarter.
- Birkenstock HoldingBIRK8.5% of the fund
- BlackstoneBX6.0% of the fund
- AdobeADBE4.5% of the fund
- Global-E OnlineGLBE2.9% of the fund
- Duke EnergyDUK0.9% of the fund
- YPF Sociedad AnonimaYPF0.8% of the fund
- Baker HughesBKR0.7% of the fund
- SunrunRUN0.2% of the fund
- TechnipFMCFTI0.2% of the fund
- Hecla MiningHL0.2% of the fund
Added
Bought more of a stock they already held.
- Select Sector Spdr TRXLV5.9% of the fund+300%
- Viper EnergyVNOM2.5% of the fund+3%
- Diamondback EnergyFANG2.2% of the fund+8%
- EQTEQT2.2% of the fund+50%
- Xcel EnergyXEL2.0% of the fund+17%
- NextpowerNXT1.8% of the fund+142%
- American Electric PowerAEP1.7% of the fund+8%
- Energy Transfer L PET1.7% of the fund+8%
- SempraSRE1.5% of the fund+13%
- HalliburtonHAL1.5% of the fund+30%
- SLB LimitedSLB1.4% of the fund+10%
- GE VernovaGEV1.4% of the fund+164%
- OvintivOVV1.3% of the fund+60%
- ChevronCVX1.3% of the fund+14%
- Phillips 66PSX1.3% of the fund+7%
- CamecoCCJ1.2% of the fund+21%
- Targa ResourcesTRGP1.1% of the fund+172%
- Permian ResourcesPR1.1% of the fund+563%
- NRG EnergyNRG0.9% of the fund+42%
- Valero EnergyVLO0.9% of the fund+100%
- Cheniere EnergyLNG0.7% of the fund+14%
- Golar LNGGLNG0.6% of the fund+167%
- Venture GlobalVG0.3% of the fund+148%
- Uranium EnergyUEC0.2% of the fund+6%
Cut
Sold some of their stake.
- Amazon.comAMZN5.5% of the fund-29%
- Pg&ePCG1.7% of the fund-16%
- Array TechnologiesARRY0.9% of the fund-41%
- First SolarFSLR0.9% of the fund-56%
- ConocoPhillipsCOP0.5% of the fund-67%
- Energy FuelsUUUU0.5% of the fund-25%
- VistraVST0.4% of the fund-68%
- Freeport-McMoRanFCX0.4% of the fund-29%
- Coeur MiningCDE0.3% of the fund-39%
Sold out
Sold their entire stake.
- LineageLINE-100%
- Caesars EntertainmentCZR-100%
- NextEra EnergyNEE-100%
- HF SinclairDINO-100%
- Expand EnergyEXE-100%
- ShellSHEL-100%
- Marathon PetroleumMPC-100%
- Helmerich & PayneHP-100%
- BPBP-100%
- Shoals Technologies GroupSHLS-100%
- Mirion TechnologiesMIR-100%
Holdings
- Select Sector Spdr TRXLV
- Share
- 5.9%
- Value
- $6m
- Shares
- 40,000
+300%
- Energy Transfer L PET
- Share
- 1.7%
- Value
- $2m
- Shares
- 95,400
+8%
- CamecoCCJ
- Share
- 1.2%
- Value
- $1m
- Shares
- 12,600
+21%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AlphabetGOOGL | 14.0% | $15m | 42,500 | Held |
| Uber TechnologiesUBER | 9.8% | $11m | 147,500 | Held |
| Birkenstock HoldingBIRK | 8.5% | $9m | 215,000 | New |
| BlackstoneBX | 6.0% | $6m | 55,000 | New |
| Select Sector Spdr TRXLV | 5.9% | $6m | 40,000 | +300% |
| Amazon.comAMZN | 5.5% | $6m | 25,000 | -29% |
| AdobeADBE | 4.5% | $5m | 24,000 | New |
| Global-E OnlineGLBE | 2.9% | $3m | 90,000 | New |
| AppleAAPL | 2.7% | $3m | 10,000 | Held |
| Viper EnergyVNOM | 2.5% | $3m | 63,600 | +3% |
| Diamondback EnergyFANG | 2.2% | $2m | 13,608 | +8% |
| EQTEQT | 2.2% | $2m | 44,800 | +50% |
| Xcel EnergyXEL | 2.0% | $2m | 27,600 | +17% |
| NextpowerNXT | 1.8% | $2m | 16,688 | +142% |
| American Electric PowerAEP | 1.7% | $2m | 13,600 | +8% |
| Energy Transfer L PET | 1.7% | $2m | 95,400 | +8% |
| Pg&ePCG | 1.7% | $2m | 106,800 | -16% |
| SempraSRE | 1.5% | $2m | 17,600 | +13% |
| HalliburtonHAL | 1.5% | $2m | 46,400 | +30% |
| SLB LimitedSLB | 1.4% | $2m | 33,400 | +10% |
| GE VernovaGEV | 1.4% | $2m | 1,288 | +164% |
| OvintivOVV | 1.3% | $1m | 26,800 | +60% |
| ChevronCVX | 1.3% | $1m | 8,400 | +14% |
| Phillips 66PSX | 1.3% | $1m | 8,188 | +7% |
| CamecoCCJ | 1.2% | $1m | 12,600 | +21% |
| Targa ResourcesTRGP | 1.1% | $1m | 4,566 | +172% |
| Permian ResourcesPR | 1.1% | $1m | 63,600 | +563% |
| EOG ResourcesEOG | 1.1% | $1m | 8,800 | Held |
| Array TechnologiesARRY | 0.9% | $1m | 136,800 | -41% |
| NRG EnergyNRG | 0.9% | $993,208 | 6,800 | +42% |
| Duke EnergyDUK | 0.9% | $962,008 | 7,600 | New |
| Valero EnergyVLO | 0.9% | $939,668 | 3,608 | +100% |
| First SolarFSLR | 0.9% | $936,289 | 3,968 | -56% |
| YPF Sociedad AnonimaYPF | 0.8% | $891,212 | 19,600 | New |
| Cheniere EnergyLNG | 0.7% | $764,832 | 3,200 | +14% |
| Baker HughesBKR | 0.7% | $710,400 | 12,800 | New |
| Golar LNGGLNG | 0.6% | $637,952 | 12,800 | +167% |
| ConocoPhillipsCOP | 0.5% | $582,176 | 5,600 | -67% |
| Energy FuelsUUUU | 0.5% | $533,600 | 36,800 | -25% |
| VistraVST | 0.4% | $444,164 | 2,800 | -68% |
| Freeport-McMoRanFCX | 0.4% | $427,652 | 6,800 | -29% |
| Venture GlobalVG | 0.3% | $298,284 | 26,800 | +148% |
| Coeur MiningCDE | 0.3% | $274,307 | 16,808 | -39% |
| SunrunRUN | 0.2% | $268,777 | 20,088 | New |
| TechnipFMCFTI | 0.2% | $217,994 | 3,288 | New |
| Uranium EnergyUEC | 0.2% | $179,088 | 16,800 | +6% |
| Hecla MiningHL | 0.2% | $166,644 | 10,800 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 12.9% since 30 June 2025.
Where the money is
Energy20.7%
Retail & consumer14.0%
Media & telecom14.0%
Industrials13.9%
Technology11.9%
Utilities9.4%
Financial services6.0%
Materials2.6%
Other7.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.