Matt Sirovich and Jeremy Mindich’s Scopia Capital’s Return, AUM, and Holdings
Back in 2001 Matt Sirovich and Jeremy Mindich founded institutional alternative asset management called Scopia Capital.
Scopia Capital Management, founded in 2001 by Matt Sirovich and Jeremy Mindich, is a New York-based hedge fund manager. Scopia employs a fundamentals-based, value-driven investment approach across four key strategies: a long/short equity strategy with market neutrality discipline aimed at generating absolute returns uncorrelated to broader equity markets, a long/short equity strategy with net long exposure, a long-only equity strategy, and a healthcare-focused long/short strategy.
Matt Sirovich is a co-founder and managing partner of Scopia Capital. Before founding Scopia in 2001, Matt was a Managing Director at DLJ Merchant Banking, a $3 billion private equity fund, where he executed and monitored investments across a wide range of industries, including healthcare, media, and manufacturing. From 1989 to 1990, Matt served as the Financial Manager for a camera manufacturing firm in Hong Kong. He began his career as an analyst in the Investment Banking department at Drexel Burnham Lambert. Matt holds an MBA from Harvard Business School, and a BA from Brown University. He also serves on the Board of Directors for BRC, a non-profit organization that provides services to homeless individuals in New York City. Mr. Sirovich lives in Manhattan with his wife, son and daughter.
Scopia Capital Management oversees 13 clients with discretionary assets under management (AUM) of $1,619,681,040 (as of April 24, 2024). Their latest 13F filing for Q1 2024 reported $913,789,667 in managed 13F securities, with a top 10 holdings concentration of 58.3%. Scopia's largest holding is Indivior Plc, with 6,025,233 shares.
