Soviero Asset Management, LP Hedge Fund

Location: New York, NY

CIK: 0001755622 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value: $172M (100.0% shares, 0.0% debt)

Holdings (39)

— POTBELLY CORP 9.2%

Value $15.82M Shares 1,306,700 Share Price $12.11 Est. Cost/Share $5.76 Unrealized @ Report Date —

PBF PBF ENERGY INC 8.1%

Value $13.87M Shares 241,000 Share Price $57.57 * Est. Cost/Share $43.23 Unrealized @ Report Date +13.3%

NOW SERVICENOW INC 6.9%

Value $11.82M Shares 15,500 Share Price $762.40 Est. Cost/Share — Unrealized @ Report Date —

SD SANDRIDGE ENERGY INC 6.2%

Value $10.67M Shares 732,000 Share Price $14.57 * Est. Cost/Share $11.29 Unrealized @ Report Date +19.7%

PBF PBF ENERGY INC 5.5%

Value $9.47M Shares 164,500 Share Price $57.57 * Est. Cost/Share $43.23 Unrealized @ Report Date +13.3%

MU MICRON TECHNOLOGY INC 4.2%

Value $7.191M Shares 61,000 Share Price $117.89 * Est. Cost/Share $89.83 Unrealized @ Report Date 0.0%

FCX FREEPORT-MCMORAN INC 3.8%

Value $6.489M Shares 138,000 Share Price $47.02 * Est. Cost/Share $39.40 Unrealized @ Report Date 0.0%

CRH CRH PLC 3.8%

Value $6.47M Shares 75,000 Share Price $86.26 * Est. Cost/Share $58.12 Unrealized @ Report Date +28.5%

INTC INTEL CORP 3.7%

Value $6.405M Shares 145,000 Share Price $44.17 Est. Cost/Share $37.35 Unrealized @ Report Date +17.9%

— U S SILICA HLDGS INC 3.7%

Value $6.304M Shares 508,000 Share Price $12.41 Est. Cost/Share $11.55 Unrealized @ Report Date —

WU WESTERN UN CO 3.6%

Value $6.273M Shares 448,700 Share Price $13.98 Est. Cost/Share $14.04 Unrealized @ Report Date —

RRC RANGE RES CORP 3.5%

Value $6.06M Shares 176,000 Share Price $34.43 * Est. Cost/Share $28.26 Unrealized @ Report Date +9.4%

PATH UIPATH INC 2.8%

Value $4.761M Shares 210,000 Share Price $22.67 * Est. Cost/Share $15.11 Unrealized @ Report Date +54.9%

SCVL SHOE CARNIVAL INC 2.7%

Value $4.727M Shares 129,000 Share Price $36.64 * Est. Cost/Share $26.30 Unrealized @ Report Date +12.6%

TREX TREX CO INC 2.6%

Value $4.559M Shares 45,700 Share Price $99.75 * Est. Cost/Share $48.51 Unrealized @ Report Date +83.6%

PYPL PAYPAL HLDGS INC 2.4%

Value $4.22M Shares 63,000 Share Price $66.99 * Est. Cost/Share $61.23 Unrealized @ Report Date 0.0%

OPRA OPERA LTD 2.3%

Value $4.032M Shares 255,000 Share Price $15.81 Est. Cost/Share $15.81 Unrealized @ Report Date —

GOOG ALPHABET INC 2.3%

Value $3.959M Shares 26,000 Share Price $152.26 * Est. Cost/Share $143.27 Unrealized @ Report Date 0.0%

TFC TRUIST FINL CORP 2.3%

Value $3.898M Shares 100,000 Share Price $38.98 * Est. Cost/Share $33.38 Unrealized @ Report Date 0.0%

SCVL SHOE CARNIVAL INC 2.1%

Value $3.664M Shares 100,000 Share Price $36.64 * Est. Cost/Share $26.30 Unrealized @ Report Date +12.6%

HDSN HUDSON TECHNOLOGIES INC 2.0%

Value $3.369M Shares 306,000 Share Price $11.01 * Est. Cost/Share $10.14 Unrealized @ Report Date +28.4%

— NORDSTROM INC 1.6%

Value $2.736M Shares 135,000 Share Price $20.27 Est. Cost/Share $18.45 Unrealized @ Report Date —

ORCL ORACLE CORP 1.5%

Value $2.638M Shares 21,000 Share Price $125.61 * Est. Cost/Share $112.35 Unrealized @ Report Date 0.0%

RIG TRANSOCEAN LTD 1.4%

Value $2.418M Shares 385,000 Share Price $6.28 * Est. Cost/Share $6.92 Unrealized @ Report Date -21.2%

CSCO CISCO SYS INC 1.3%

Value $2.246M Shares 45,000 Share Price $49.91 * Est. Cost/Share $47.21 Unrealized @ Report Date 0.0%

HTZ HERTZ GLOBAL HLDGS INC 1.1%

Value $1.879M Shares 240,000 Share Price $7.83 * Est. Cost/Share $14.79 Unrealized @ Report Date -44.6%

POWW AMMO INC 1.1%

Value $1.843M Shares 670,000 Share Price $2.75 * Est. Cost/Share $2.04 Unrealized @ Report Date +14.4%

RRGB RED ROBIN GOURMET BURGERS IN 1.1%

Value $1.815M Shares 237,000 Share Price $7.66 * Est. Cost/Share $19.04 Unrealized @ Report Date -51.7%

JMIA JUMIA TECHNOLOGIES AG 1.0%

Value $1.69M Shares 330,000 Share Price $5.12 Est. Cost/Share $5.12 Unrealized @ Report Date —

BBBY BEYOND INC 1.0%

Value $1.688M Shares 47,000 Share Price $35.91 * Est. Cost/Share $21.28 Unrealized @ Report Date +32.9%

RPD RAPID7 INC 0.9%

Value $1.618M Shares 33,000 Share Price $49.04 * Est. Cost/Share $45.26 Unrealized @ Report Date +21.2%

AES AES CORP 0.9%

Value $1.614M Shares 90,000 Share Price $17.93 * Est. Cost/Share $15.22 Unrealized @ Report Date 0.0%

JAKK JAKKS PAC INC 0.8%

Value $1.383M Shares 56,000 Share Price $24.70 * Est. Cost/Share $27.28 Unrealized @ Report Date +5.5%

JBLU JETBLUE AWYS CORP 0.7%

Value $1.261M Shares 170,000 Share Price $7.42 * Est. Cost/Share $6.21 Unrealized @ Report Date 0.0%

NNOX NANO X IMAGING LTD 0.7%

Value $1.172M Shares 120,000 Share Price $9.77 * Est. Cost/Share $8.01 Unrealized @ Report Date 0.0%

NRDY NERDY INC 0.6%

Value $1.018M Shares 350,000 Share Price $2.91 * Est. Cost/Share $3.30 Unrealized @ Report Date -6.7%

SLI STANDARD LITHIUM LTD 0.5%

Value $838K Shares 710,000 Share Price $1.18 * Est. Cost/Share $2.95 Unrealized @ Report Date -53.5%

— DUCKHORN PORTFOLIO INC 0.2%

Value $279K Shares 30,000 Share Price $9.31 Est. Cost/Share $9.31 Unrealized @ Report Date —

VIRC VIRCO MFG CO 0.1%

Value $164K Shares 15,000 Share Price $10.93 Est. Cost/Share $10.82 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	POTBELLY CORP	1,306,700	$15.82M	9.2%	$12.11	$5.76	—	COM	73754Y100
PBF	PBF ENERGY INC	241,000	$13.87M	8.1%	$57.57 *	$43.23	+13.3%	CL A	69318G106
NOW	SERVICENOW INC	15,500	$11.82M	6.9%	$762.40	—	—	Put	81762P102
SD	SANDRIDGE ENERGY INC	732,000	$10.67M	6.2%	$14.57 *	$11.29	+19.7%	COM NEW	80007P869
PBF	PBF ENERGY INC	164,500	$9.47M	5.5%	$57.57 *	$43.23	+13.3%	Call	69318G106
MU	MICRON TECHNOLOGY INC	61,000	$7.191M	4.2%	$117.89 *	$89.83	0.0%	COM	595112103
FCX	FREEPORT-MCMORAN INC	138,000	$6.489M	3.8%	$47.02 *	$39.40	0.0%	CL B	35671D857
CRH	CRH PLC	75,000	$6.47M	3.8%	$86.26 *	$58.12	+28.5%	ORD	G25508105
INTC	INTEL CORP	145,000	$6.405M	3.7%	$44.17	$37.35	+17.9%	COM	458140100
—	U S SILICA HLDGS INC	508,000	$6.304M	3.7%	$12.41	$11.55	—	COM	90346E103
WU	WESTERN UN CO	448,700	$6.273M	3.6%	$13.98	$14.04	—	COM	959802109
RRC	RANGE RES CORP	176,000	$6.06M	3.5%	$34.43 *	$28.26	+9.4%	COM	75281A109
PATH	UIPATH INC	210,000	$4.761M	2.8%	$22.67 *	$15.11	+54.9%	CL A	90364P105
SCVL	SHOE CARNIVAL INC	129,000	$4.727M	2.7%	$36.64 *	$26.30	+12.6%	Call	824889109
TREX	TREX CO INC	45,700	$4.559M	2.6%	$99.75 *	$48.51	+83.6%	COM	89531P105
PYPL	PAYPAL HLDGS INC	63,000	$4.22M	2.4%	$66.99 *	$61.23	0.0%	COM	70450Y103
OPRA	OPERA LTD	255,000	$4.032M	2.3%	$15.81	$15.81	—	SPONSORED ADS	68373M107
GOOG	ALPHABET INC	26,000	$3.959M	2.3%	$152.26 *	$143.27	0.0%	CAP STK CL C	02079K107
TFC	TRUIST FINL CORP	100,000	$3.898M	2.3%	$38.98 *	$33.38	0.0%	COM	89832Q109
SCVL	SHOE CARNIVAL INC	100,000	$3.664M	2.1%	$36.64 *	$26.30	+12.6%	COM	824889109
HDSN	HUDSON TECHNOLOGIES INC	306,000	$3.369M	2.0%	$11.01 *	$10.14	+28.4%	COM	444144109
—	NORDSTROM INC	135,000	$2.736M	1.6%	$20.27	$18.45	—	COM	655664100
ORCL	ORACLE CORP	21,000	$2.638M	1.5%	$125.61 *	$112.35	0.0%	COM	68389X105
RIG	TRANSOCEAN LTD	385,000	$2.418M	1.4%	$6.28 *	$6.92	-21.2%	REGISTERED SHS	H8817H100
CSCO	CISCO SYS INC	45,000	$2.246M	1.3%	$49.91 *	$47.21	0.0%	COM	17275R102
HTZ	HERTZ GLOBAL HLDGS INC	240,000	$1.879M	1.1%	$7.83 *	$14.79	-44.6%	COM NEW	42806J700
POWW	AMMO INC	670,000	$1.843M	1.1%	$2.75 *	$2.04	+14.4%	COM	00175J107
RRGB	RED ROBIN GOURMET BURGERS IN	237,000	$1.815M	1.1%	$7.66 *	$19.04	-51.7%	COM	75689M101
JMIA	JUMIA TECHNOLOGIES AG	330,000	$1.69M	1.0%	$5.12	$5.12	—	SPONSORED ADS	48138M105
BBBY	BEYOND INC	47,000	$1.688M	1.0%	$35.91 *	$21.28	+32.9%	COM	690370101
RPD	RAPID7 INC	33,000	$1.618M	0.9%	$49.04 *	$45.26	+21.2%	COM	753422104
AES	AES CORP	90,000	$1.614M	0.9%	$17.93 *	$15.22	0.0%	COM	00130H105
JAKK	JAKKS PAC INC	56,000	$1.383M	0.8%	$24.70 *	$27.28	+5.5%	COM NEW	47012E403
JBLU	JETBLUE AWYS CORP	170,000	$1.261M	0.7%	$7.42 *	$6.21	0.0%	COM	477143101
NNOX	NANO X IMAGING LTD	120,000	$1.172M	0.7%	$9.77 *	$8.01	0.0%	ORD SHS	M70700105
NRDY	NERDY INC	350,000	$1.018M	0.6%	$2.91 *	$3.30	-6.7%	CL A COM	64081V109
SLI	STANDARD LITHIUM LTD	710,000	$838K	0.5%	$1.18 *	$2.95	-53.5%	COM	853606101
—	DUCKHORN PORTFOLIO INC	30,000	$279K	0.2%	$9.31	$9.31	—	COM	26414D106
VIRC	VIRCO MFG CO	15,000	$164K	0.1%	$10.93	$10.82	0.0%	COM	927651109