Soviero Asset Management, LP Hedge Fund

CIK: 0001755622 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value ($000): $525,638 (100.0% shares, 0.0% debt)

Holdings (37)

— MAXAR TECHNOLOGIES INC 10.4%

Value ($000) $54,909 Shares 1,938,885 Est. Cost $38.17 Unrealized —

UNFI UNITED NAT FOODS INC 8.3%

Value ($000) $43,578 Shares 900,000 Est. Cost $25.81 Unrealized +37.1%

— TUPPERWARE BRANDS CORP 7.1%

Value ($000) $37,171 Shares 1,760,000 Est. Cost $29.09 Unrealized —

CYH COMMUNITY HEALTH SYS INC NEW 5.8%

Value ($000) $30,419 Shares 2,599,900 Est. Cost $13.59 Unrealized -4.0%

OGN ORGANON & CO 4.9%

Value ($000) $25,570 Shares 779,800 Est. Cost $26.64 Unrealized -1.3%

— CONTINENTAL RES INC 4.6%

Value ($000) $23,998 Shares 520,000 Est. Cost $46.15 Unrealized —

— CONTEXTLOGIC INC 4.3%

Value ($000) $22,386 Shares 4,100,000 Est. Cost $5.46 Unrealized —

— ROOT INC 4.1%

Value ($000) $21,607 Shares 4,100,000 Est. Cost $5.27 Unrealized —

— WESTROCK CO 3.8%

Value ($000) $19,932 Shares 400,000 Est. Cost $49.83 Unrealized —

CLF CLEVELAND-CLIFFS INC NEW 3.6%

Value ($000) $19,018 Shares 960,000 Est. Cost $22.79 Unrealized 0.0%

TROX TRONOX HOLDINGS PLC 3.5%

Value ($000) $18,488 Shares 750,000 Est. Cost $20.54 Unrealized 0.0%

RRGB RED ROBIN GOURMET BURGERS IN 3.0%

Value ($000) $15,984 Shares 693,149 Est. Cost $24.40 Unrealized +5.6%

RILY B. RILEY FINANCIAL INC 2.9%

Value ($000) $15,350 Shares 260,000 Est. Cost $45.23 Unrealized +44.9%

— HOUGHTON MIFFLIN HARCOURT CO 2.9%

Value ($000) $15,176 Shares 1,130,000 Est. Cost $3.87 Unrealized —

— MAXAR TECHNOLOGIES INC 2.7%

Value ($000) $14,160 Shares 500,000 Est. Cost $38.17 Unrealized —

— FRONTIER COMMUNICATIONS PARE 2.5%

Value ($000) $13,099 Shares 470,000 Est. Cost $27.87 Unrealized —

COTY COTY INC 2.4%

Value ($000) $12,576 Shares 1,600,000 Est. Cost $6.65 Unrealized +28.6%

NWL NEWELL BRANDS INC 2.3%

Value ($000) $11,956 Shares 540,000 Est. Cost $17.62 Unrealized +18.9%

— HERSHA HOSPITALITY TR 2.1%

Value ($000) $11,196 Shares 1,200,000 Est. Cost $10.59 Unrealized —

VYX NCR CORP NEW 1.9%

Value ($000) $10,078 Shares 260,000 Est. Cost $26.02 Unrealized 0.0%

— CORNERSTONE BLDG BRANDS INC 1.9%

Value ($000) $9,935 Shares 680,000 Est. Cost $16.45 Unrealized —

SD SANDRIDGE ENERGY INC 1.7%

Value ($000) $8,847 Shares 680,000 Est. Cost $8.26 Unrealized 0.0%

— POTBELLY CORP 1.6%

Value ($000) $8,475 Shares 1,250,000 Est. Cost $5.46 Unrealized —

PBI PITNEY BOWES INC 1.4%

Value ($000) $7,571 Shares 1,050,000 Est. Cost $8.34 Unrealized -6.1%

— ZUORA INC 1.3%

Value ($000) $6,964 Shares 420,000 Est. Cost $16.58 Unrealized —

CBT CABOT CORP 1.0%

Value ($000) $5,212 Shares 104,000 Est. Cost $48.69 Unrealized 0.0%

UNFI UNITED NAT FOODS INC 0.9%

Value ($000) $4,842 Shares 100,000 Est. Cost $25.81 Unrealized +37.1%

WTI W & T OFFSHORE INC 0.9%

Value ($000) $4,836 Shares 1,300,000 Est. Cost $3.77 Unrealized -5.3%

ARRY ARRAY TECHNOLOGIES INC 0.9%

Value ($000) $4,630 Shares 250,000 Est. Cost $16.59 Unrealized 0.0%

— SIRIUS XM HOLDINGS INC 0.9%

Value ($000) $4,514 Shares 740,000 Est. Cost $6.10 Unrealized —

BBBY OVERSTOCK COM INC DEL 0.7%

Value ($000) $3,896 Shares 50,000 Est. Cost $76.22 Unrealized 0.0%

— GRAFTECH INTL LTD 0.7%

Value ($000) $3,818 Shares 370,000 Est. Cost $10.32 Unrealized —

— TILRAY INC 0.7%

Value ($000) $3,500 Shares 310,000 Est. Cost — Unrealized —

PATK PATRICK INDS INC 0.6%

Value ($000) $3,332 Shares 40,000 Est. Cost $48.99 Unrealized 0.0%

— MONEYGRAM INTL INC 0.6%

Value ($000) $3,208 Shares 400,000 Est. Cost $8.02 Unrealized —

PBI PITNEY BOWES INC 0.6%

Value ($000) $2,920 Shares 405,000 Est. Cost $8.34 Unrealized -6.1%

ADNT ADIENT PLC 0.5%

Value ($000) $2,487 Shares 60,000 Est. Cost $39.85 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	MAXAR TECHNOLOGIES INC	1,938,885	$54,909	10.4%	$38.17	—	COM	57778K105
UNFI	UNITED NAT FOODS INC	900,000	$43,578	8.3%	$25.81	+37.1%	COM	911163103
—	TUPPERWARE BRANDS CORP	1,760,000	$37,171	7.1%	$29.09	—	COM	899896104
CYH	COMMUNITY HEALTH SYS INC NEW	2,599,900	$30,419	5.8%	$13.59	-4.0%	COM	203668108
OGN	ORGANON & CO	779,800	$25,570	4.9%	$26.64	-1.3%	COMMON STOCK	68622V106
—	CONTINENTAL RES INC	520,000	$23,998	4.6%	$46.15	—	COM	212015101
—	CONTEXTLOGIC INC	4,100,000	$22,386	4.3%	$5.46	—	COM CL A	21077C107
—	ROOT INC	4,100,000	$21,607	4.1%	$5.27	—	COM CL A	77664L108
—	WESTROCK CO	400,000	$19,932	3.8%	$49.83	—	COM	96145D105
CLF	CLEVELAND-CLIFFS INC NEW	960,000	$19,018	3.6%	$22.79	0.0%	COM	185899101
TROX	TRONOX HOLDINGS PLC	750,000	$18,488	3.5%	$20.54	0.0%	SHS	G9087Q102
RRGB	RED ROBIN GOURMET BURGERS IN	693,149	$15,984	3.0%	$24.40	+5.6%	COM	75689M101
RILY	B. RILEY FINANCIAL INC	260,000	$15,350	2.9%	$45.23	+44.9%	COM	05580M108
—	HOUGHTON MIFFLIN HARCOURT CO	1,130,000	$15,176	2.9%	$3.87	—	COM	44157R109
—	MAXAR TECHNOLOGIES INC	500,000	$14,160	2.7%	$38.17	—	Call	57778K105
—	FRONTIER COMMUNICATIONS PARE	470,000	$13,099	2.5%	$27.87	—	COM	35909D109
COTY	COTY INC	1,600,000	$12,576	2.4%	$6.65	+28.6%	COM CL A	222070203
NWL	NEWELL BRANDS INC	540,000	$11,956	2.3%	$17.62	+18.9%	COM	651229106
—	HERSHA HOSPITALITY TR	1,200,000	$11,196	2.1%	$10.59	—	PR SHS BEN INT	427825500
VYX	NCR CORP NEW	260,000	$10,078	1.9%	$26.02	0.0%	COM	62886E108
—	CORNERSTONE BLDG BRANDS INC	680,000	$9,935	1.9%	$16.45	—	COM	21925D109
SD	SANDRIDGE ENERGY INC	680,000	$8,847	1.7%	$8.26	0.0%	COM NEW	80007P869
—	POTBELLY CORP	1,250,000	$8,475	1.6%	$5.46	—	COM	73754Y100
PBI	PITNEY BOWES INC	1,050,000	$7,571	1.4%	$8.34	-6.1%	COM	724479100
—	ZUORA INC	420,000	$6,964	1.3%	$16.58	—	COM CL A	98983V106
CBT	CABOT CORP	104,000	$5,212	1.0%	$48.69	0.0%	COM	127055101
UNFI	UNITED NAT FOODS INC	100,000	$4,842	0.9%	$25.81	+37.1%	Call	911163103
WTI	W & T OFFSHORE INC	1,300,000	$4,836	0.9%	$3.77	-5.3%	COM	92922P106
ARRY	ARRAY TECHNOLOGIES INC	250,000	$4,630	0.9%	$16.59	0.0%	COM SHS	04271T100
—	SIRIUS XM HOLDINGS INC	740,000	$4,514	0.9%	$6.10	—	COM	82968B103
BBBY	OVERSTOCK COM INC DEL	50,000	$3,896	0.7%	$76.22	0.0%	COM	690370101
—	GRAFTECH INTL LTD	370,000	$3,818	0.7%	$10.32	—	COM	384313508
—	TILRAY INC	310,000	$3,500	0.7%	—	—	Call	88688T100
PATK	PATRICK INDS INC	40,000	$3,332	0.6%	$48.99	0.0%	COM	703343103
—	MONEYGRAM INTL INC	400,000	$3,208	0.6%	$8.02	—	COM NEW	60935Y208
PBI	PITNEY BOWES INC	405,000	$2,920	0.6%	$8.34	-6.1%	Call	724479100
ADNT	ADIENT PLC	60,000	$2,487	0.5%	$39.85	0.0%	ORD SHS	G0084W101