Scopus Asset Management LP disclosed a new stake in Match Group, Inc. in a filing on September 30, 2020

Nov 23, 2020
Institutional Holdings Changes
Background Information
Scopus Asset Management's funds employ a similar investment strategy amongst all of its funds. The investment objective is to achieve superior returns through capital appreciation by investing, on a long and short basis, generally in common stocks and derivative instruments, including, without limitation, those linked to US equity markets. The firm’s investment approach involves a combination of extensive fundamental research and bottom-up financial analysis to identify investment opportunities that are materially undervalued or overvalued. Scopus Asset Management utilizes an investment methodology that combines value analysis with anticipation of improving fundamentals and growth opportunities that are typically overlooked or not fully understood and appreciated by the market, including prospects for accelerating revenue and earnings growth, cyclical improvements in the company’s industry or product cycle and opportunities for turnaround and restructuring.