Soviero Asset Management, LP Hedge Fund

Location: New York, NY

CIK: 0001755622 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value: $526M (100.0% shares, 0.0% debt)

Holdings (37)

— MAXAR TECHNOLOGIES INC 10.4%

Value $54.91M Shares 1,938,885 Share Price $28.32 Est. Cost/Share $38.17 Unrealized @ Report Date —

UNFI UNITED NAT FOODS INC 8.3%

Value $43.58M Shares 900,000 Share Price $48.42 * Est. Cost/Share $25.81 Unrealized @ Report Date +37.1%

— TUPPERWARE BRANDS CORP 7.1%

Value $37.17M Shares 1,760,000 Share Price $21.12 Est. Cost/Share $29.09 Unrealized @ Report Date —

CYH COMMUNITY HEALTH SYS INC NEW 5.8%

Value $30.42M Shares 2,599,900 Share Price $11.70 * Est. Cost/Share $13.59 Unrealized @ Report Date -4.0%

OGN ORGANON & CO 4.9%

Value $25.57M Shares 779,800 Share Price $32.79 * Est. Cost/Share $26.64 Unrealized @ Report Date -1.3%

— CONTINENTAL RES INC 4.6%

Value $24M Shares 520,000 Share Price $46.15 Est. Cost/Share $46.15 Unrealized @ Report Date —

— CONTEXTLOGIC INC 4.3%

Value $22.39M Shares 4,100,000 Share Price $5.46 Est. Cost/Share $5.46 Unrealized @ Report Date —

— ROOT INC 4.1%

Value $21.61M Shares 4,100,000 Share Price $5.27 Est. Cost/Share $5.27 Unrealized @ Report Date —

— WESTROCK CO 3.8%

Value $19.93M Shares 400,000 Share Price $49.83 Est. Cost/Share $49.83 Unrealized @ Report Date —

CLF CLEVELAND-CLIFFS INC NEW 3.6%

Value $19.02M Shares 960,000 Share Price $19.81 * Est. Cost/Share $22.79 Unrealized @ Report Date 0.0%

TROX TRONOX HOLDINGS PLC 3.5%

Value $18.49M Shares 750,000 Share Price $24.65 * Est. Cost/Share $20.54 Unrealized @ Report Date 0.0%

RRGB RED ROBIN GOURMET BURGERS IN 3.0%

Value $15.98M Shares 693,149 Share Price $23.06 * Est. Cost/Share $24.40 Unrealized @ Report Date +5.6%

RILY B. RILEY FINANCIAL INC 2.9%

Value $15.35M Shares 260,000 Share Price $59.04 * Est. Cost/Share $45.23 Unrealized @ Report Date +44.9%

— HOUGHTON MIFFLIN HARCOURT CO 2.9%

Value $15.18M Shares 1,130,000 Share Price $13.43 Est. Cost/Share $3.87 Unrealized @ Report Date —

— MAXAR TECHNOLOGIES INC 2.7%

Value $14.16M Shares 500,000 Share Price $28.32 Est. Cost/Share $38.17 Unrealized @ Report Date —

— FRONTIER COMMUNICATIONS PARE 2.5%

Value $13.1M Shares 470,000 Share Price $27.87 Est. Cost/Share $27.87 Unrealized @ Report Date —

COTY COTY INC 2.4%

Value $12.58M Shares 1,600,000 Share Price $7.86 * Est. Cost/Share $6.65 Unrealized @ Report Date +28.6%

NWL NEWELL BRANDS INC 2.3%

Value $11.96M Shares 540,000 Share Price $22.14 * Est. Cost/Share $17.62 Unrealized @ Report Date +18.9%

— HERSHA HOSPITALITY TR 2.1%

Value $11.2M Shares 1,200,000 Share Price $9.33 Est. Cost/Share $10.59 Unrealized @ Report Date —

VYX NCR CORP NEW 1.9%

Value $10.08M Shares 260,000 Share Price $38.76 * Est. Cost/Share $26.02 Unrealized @ Report Date 0.0%

— CORNERSTONE BLDG BRANDS INC 1.9%

Value $9.935M Shares 680,000 Share Price $14.61 Est. Cost/Share $16.45 Unrealized @ Report Date —

SD SANDRIDGE ENERGY INC 1.7%

Value $8.847M Shares 680,000 Share Price $13.01 * Est. Cost/Share $8.26 Unrealized @ Report Date 0.0%

— POTBELLY CORP 1.6%

Value $8.475M Shares 1,250,000 Share Price $6.78 Est. Cost/Share $5.46 Unrealized @ Report Date —

PBI PITNEY BOWES INC 1.4%

Value $7.571M Shares 1,050,000 Share Price $7.21 * Est. Cost/Share $8.34 Unrealized @ Report Date -6.1%

— ZUORA INC 1.3%

Value $6.964M Shares 420,000 Share Price $16.58 Est. Cost/Share $16.58 Unrealized @ Report Date —

CBT CABOT CORP 1.0%

Value $5.212M Shares 104,000 Share Price $50.12 * Est. Cost/Share $48.69 Unrealized @ Report Date 0.0%

UNFI UNITED NAT FOODS INC 0.9%

Value $4.842M Shares 100,000 Share Price $48.42 * Est. Cost/Share $25.81 Unrealized @ Report Date +37.1%

WTI W & T OFFSHORE INC 0.9%

Value $4.836M Shares 1,300,000 Share Price $3.72 * Est. Cost/Share $3.77 Unrealized @ Report Date -5.3%

ARRY ARRAY TECHNOLOGIES INC 0.9%

Value $4.63M Shares 250,000 Share Price $18.52 * Est. Cost/Share $16.59 Unrealized @ Report Date 0.0%

— SIRIUS XM HOLDINGS INC 0.9%

Value $4.514M Shares 740,000 Share Price $6.10 Est. Cost/Share $6.10 Unrealized @ Report Date —

BBBY OVERSTOCK COM INC DEL 0.7%

Value $3.896M Shares 50,000 Share Price $77.92 * Est. Cost/Share $76.22 Unrealized @ Report Date 0.0%

— GRAFTECH INTL LTD 0.7%

Value $3.818M Shares 370,000 Share Price $10.32 Est. Cost/Share $10.32 Unrealized @ Report Date —

— TILRAY INC 0.7%

Value $3.5M Shares 310,000 Share Price $11.29 Est. Cost/Share — Unrealized @ Report Date —

PATK PATRICK INDS INC 0.6%

Value $3.332M Shares 40,000 Share Price $83.30 * Est. Cost/Share $48.99 Unrealized @ Report Date 0.0%

— MONEYGRAM INTL INC 0.6%

Value $3.208M Shares 400,000 Share Price $8.02 Est. Cost/Share $8.02 Unrealized @ Report Date —

PBI PITNEY BOWES INC 0.6%

Value $2.92M Shares 405,000 Share Price $7.21 * Est. Cost/Share $8.34 Unrealized @ Report Date -6.1%

ADNT ADIENT PLC 0.5%

Value $2.487M Shares 60,000 Share Price $41.45 * Est. Cost/Share $39.85 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MAXAR TECHNOLOGIES INC	1,938,885	$54.91M	10.4%	$28.32	$38.17	—	COM	57778K105
UNFI	UNITED NAT FOODS INC	900,000	$43.58M	8.3%	$48.42 *	$25.81	+37.1%	COM	911163103
—	TUPPERWARE BRANDS CORP	1,760,000	$37.17M	7.1%	$21.12	$29.09	—	COM	899896104
CYH	COMMUNITY HEALTH SYS INC NEW	2,599,900	$30.42M	5.8%	$11.70 *	$13.59	-4.0%	COM	203668108
OGN	ORGANON & CO	779,800	$25.57M	4.9%	$32.79 *	$26.64	-1.3%	COMMON STOCK	68622V106
—	CONTINENTAL RES INC	520,000	$24M	4.6%	$46.15	$46.15	—	COM	212015101
—	CONTEXTLOGIC INC	4,100,000	$22.39M	4.3%	$5.46	$5.46	—	COM CL A	21077C107
—	ROOT INC	4,100,000	$21.61M	4.1%	$5.27	$5.27	—	COM CL A	77664L108
—	WESTROCK CO	400,000	$19.93M	3.8%	$49.83	$49.83	—	COM	96145D105
CLF	CLEVELAND-CLIFFS INC NEW	960,000	$19.02M	3.6%	$19.81 *	$22.79	0.0%	COM	185899101
TROX	TRONOX HOLDINGS PLC	750,000	$18.49M	3.5%	$24.65 *	$20.54	0.0%	SHS	G9087Q102
RRGB	RED ROBIN GOURMET BURGERS IN	693,149	$15.98M	3.0%	$23.06 *	$24.40	+5.6%	COM	75689M101
RILY	B. RILEY FINANCIAL INC	260,000	$15.35M	2.9%	$59.04 *	$45.23	+44.9%	COM	05580M108
—	HOUGHTON MIFFLIN HARCOURT CO	1,130,000	$15.18M	2.9%	$13.43	$3.87	—	COM	44157R109
—	MAXAR TECHNOLOGIES INC	500,000	$14.16M	2.7%	$28.32	$38.17	—	Call	57778K105
—	FRONTIER COMMUNICATIONS PARE	470,000	$13.1M	2.5%	$27.87	$27.87	—	COM	35909D109
COTY	COTY INC	1,600,000	$12.58M	2.4%	$7.86 *	$6.65	+28.6%	COM CL A	222070203
NWL	NEWELL BRANDS INC	540,000	$11.96M	2.3%	$22.14 *	$17.62	+18.9%	COM	651229106
—	HERSHA HOSPITALITY TR	1,200,000	$11.2M	2.1%	$9.33	$10.59	—	PR SHS BEN INT	427825500
VYX	NCR CORP NEW	260,000	$10.08M	1.9%	$38.76 *	$26.02	0.0%	COM	62886E108
—	CORNERSTONE BLDG BRANDS INC	680,000	$9.935M	1.9%	$14.61	$16.45	—	COM	21925D109
SD	SANDRIDGE ENERGY INC	680,000	$8.847M	1.7%	$13.01 *	$8.26	0.0%	COM NEW	80007P869
—	POTBELLY CORP	1,250,000	$8.475M	1.6%	$6.78	$5.46	—	COM	73754Y100
PBI	PITNEY BOWES INC	1,050,000	$7.571M	1.4%	$7.21 *	$8.34	-6.1%	COM	724479100
—	ZUORA INC	420,000	$6.964M	1.3%	$16.58	$16.58	—	COM CL A	98983V106
CBT	CABOT CORP	104,000	$5.212M	1.0%	$50.12 *	$48.69	0.0%	COM	127055101
UNFI	UNITED NAT FOODS INC	100,000	$4.842M	0.9%	$48.42 *	$25.81	+37.1%	Call	911163103
WTI	W & T OFFSHORE INC	1,300,000	$4.836M	0.9%	$3.72 *	$3.77	-5.3%	COM	92922P106
ARRY	ARRAY TECHNOLOGIES INC	250,000	$4.63M	0.9%	$18.52 *	$16.59	0.0%	COM SHS	04271T100
—	SIRIUS XM HOLDINGS INC	740,000	$4.514M	0.9%	$6.10	$6.10	—	COM	82968B103
BBBY	OVERSTOCK COM INC DEL	50,000	$3.896M	0.7%	$77.92 *	$76.22	0.0%	COM	690370101
—	GRAFTECH INTL LTD	370,000	$3.818M	0.7%	$10.32	$10.32	—	COM	384313508
—	TILRAY INC	310,000	$3.5M	0.7%	$11.29	—	—	Call	88688T100
PATK	PATRICK INDS INC	40,000	$3.332M	0.6%	$83.30 *	$48.99	0.0%	COM	703343103
—	MONEYGRAM INTL INC	400,000	$3.208M	0.6%	$8.02	$8.02	—	COM NEW	60935Y208
PBI	PITNEY BOWES INC	405,000	$2.92M	0.6%	$7.21 *	$8.34	-6.1%	Call	724479100
ADNT	ADIENT PLC	60,000	$2.487M	0.5%	$41.45 *	$39.85	0.0%	ORD SHS	G0084W101