Soviero Asset Management, LP Hedge Fund

Location: New York, NY

CIK: 0001755622 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value: $433M (100.0% shares, 0.0% debt)

Holdings (32)

— MAXAR TECHNOLOGIES INC 9.8%

Value $42.52M Shares 1,440,000 Share Price $29.53 Est. Cost/Share $38.17 Unrealized @ Report Date —

UNFI UNITED NAT FOODS INC 8.8%

Value $38.04M Shares 775,000 Share Price $49.08 Est. Cost/Share $25.81 Unrealized @ Report Date +87.2%

RILY B. RILEY FINANCIAL INC 8.6%

Value $37.32M Shares 420,000 Share Price $88.86 * Est. Cost/Share $55.87 Unrealized @ Report Date +30.9%

CYH COMMUNITY HEALTH SYS INC NEW 6.6%

Value $28.62M Shares 2,150,000 Share Price $13.31 * Est. Cost/Share $13.59 Unrealized @ Report Date -7.5%

TROX TRONOX HOLDINGS PLC 5.2%

Value $22.59M Shares 940,000 Share Price $24.03 Est. Cost/Share $21.22 Unrealized @ Report Date +12.7%

— HOUGHTON MIFFLIN HARCOURT CO 4.4%

Value $19.16M Shares 1,190,000 Share Price $16.10 Est. Cost/Share $4.48 Unrealized @ Report Date —

— WALGREENS BOOTS ALLIANCE INC 4.3%

Value $18.78M Shares 360,000 Share Price $52.16 Est. Cost/Share $52.16 Unrealized @ Report Date —

COTY COTY INC 4.1%

Value $17.85M Shares 1,700,000 Share Price $10.50 * Est. Cost/Share $6.82 Unrealized @ Report Date +37.7%

FLNC FLUENCE ENERGY INC 4.1%

Value $17.78M Shares 500,000 Share Price $35.56 * Est. Cost/Share $34.13 Unrealized @ Report Date 0.0%

OGN ORGANON & CO 3.8%

Value $16.44M Shares 540,000 Share Price $30.45 * Est. Cost/Share $26.64 Unrealized @ Report Date +1.3%

— TUPPERWARE BRANDS CORP 3.8%

Value $16.27M Shares 1,064,024 Share Price $15.29 Est. Cost/Share $29.09 Unrealized @ Report Date —

— FRONTIER COMMUNICATIONS PARE 3.7%

Value $15.93M Shares 540,000 Share Price $29.49 Est. Cost/Share $28.08 Unrealized @ Report Date —

GLW CORNING INC 3.5%

Value $15.26M Shares 410,000 Share Price $37.23 * Est. Cost/Share $33.34 Unrealized @ Report Date 0.0%

CBT CABOT CORP 3.1%

Value $13.49M Shares 240,000 Share Price $56.20 * Est. Cost/Share $49.67 Unrealized @ Report Date +1.5%

RRGB RED ROBIN GOURMET BURGERS IN 2.9%

Value $12.46M Shares 753,934 Share Price $16.53 * Est. Cost/Share $23.97 Unrealized @ Report Date -20.2%

— CONTINENTAL RES INC 2.8%

Value $12.09M Shares 270,000 Share Price $44.76 Est. Cost/Share $46.15 Unrealized @ Report Date —

— CONTEXTLOGIC INC 2.7%

Value $11.51M Shares 3,700,000 Share Price $3.11 Est. Cost/Share $5.46 Unrealized @ Report Date —

— ZUORA INC 2.6%

Value $11.39M Shares 610,000 Share Price $18.68 Est. Cost/Share $17.23 Unrealized @ Report Date —

— HERSHA HOSPITALITY TR 1.7%

Value $7.336M Shares 800,000 Share Price $9.17 Est. Cost/Share $10.59 Unrealized @ Report Date —

— POTBELLY CORP 1.7%

Value $7.142M Shares 1,280,000 Share Price $5.58 Est. Cost/Share $5.46 Unrealized @ Report Date —

SD SANDRIDGE ENERGY INC 1.6%

Value $7.008M Shares 670,000 Share Price $10.46 * Est. Cost/Share $8.26 Unrealized @ Report Date +43.8%

ROKU ROKU INC 1.6%

Value $6.846M Shares 30,000 Share Price $228.20 * Est. Cost/Share $269.73 Unrealized @ Report Date 0.0%

CBRL CRACKER BARREL OLD CTRY STOR 1.5%

Value $6.432M Shares 50,000 Share Price $128.64 * Est. Cost/Share $111.02 Unrealized @ Report Date 0.0%

LAD LITHIA MTRS INC 1.4%

Value $5.939M Shares 20,000 Share Price $296.95 * Est. Cost/Share $308.90 Unrealized @ Report Date 0.0%

UNFI UNITED NAT FOODS INC 1.1%

Value $4.908M Shares 100,000 Share Price $49.08 Est. Cost/Share $25.81 Unrealized @ Report Date +87.2%

— SERES THERAPEUTICS INC 1.1%

Value $4.582M Shares 550,000 Share Price $8.33 Est. Cost/Share $8.33 Unrealized @ Report Date —

— GRAFTECH INTL LTD 1.0%

Value $4.495M Shares 380,000 Share Price $11.83 Est. Cost/Share $10.36 Unrealized @ Report Date —

BLMN BLOOMIN BRANDS INC 0.7%

Value $2.937M Shares 140,000 Share Price $20.98 * Est. Cost/Share $17.80 Unrealized @ Report Date 0.0%

— ROOT INC 0.6%

Value $2.79M Shares 900,000 Share Price $3.10 Est. Cost/Share $5.27 Unrealized @ Report Date —

— MONEYGRAM INTL INC 0.5%

Value $1.973M Shares 250,000 Share Price $7.89 Est. Cost/Share $8.02 Unrealized @ Report Date —

— WW INTL INC 0.4%

Value $1.613M Shares 100,000 Share Price $16.13 Est. Cost/Share $16.13 Unrealized @ Report Date —

DAR DARLING INGREDIENTS INC 0.2%

Value $1.039M Shares 15,000 Share Price $69.27 * Est. Cost/Share $72.67 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MAXAR TECHNOLOGIES INC	1,440,000	$42.52M	9.8%	$29.53	$38.17	—	COM	57778K105
UNFI	UNITED NAT FOODS INC	775,000	$38.04M	8.8%	$49.08	$25.81	+87.2%	COM	911163103
RILY	B. RILEY FINANCIAL INC	420,000	$37.32M	8.6%	$88.86 *	$55.87	+30.9%	COM	05580M108
CYH	COMMUNITY HEALTH SYS INC NEW	2,150,000	$28.62M	6.6%	$13.31 *	$13.59	-7.5%	COM	203668108
TROX	TRONOX HOLDINGS PLC	940,000	$22.59M	5.2%	$24.03	$21.22	+12.7%	SHS	G9087Q102
—	HOUGHTON MIFFLIN HARCOURT CO	1,190,000	$19.16M	4.4%	$16.10	$4.48	—	COM	44157R109
—	WALGREENS BOOTS ALLIANCE INC	360,000	$18.78M	4.3%	$52.16	$52.16	—	COM	931427108
COTY	COTY INC	1,700,000	$17.85M	4.1%	$10.50 *	$6.82	+37.7%	COM CL A	222070203
FLNC	FLUENCE ENERGY INC	500,000	$17.78M	4.1%	$35.56 *	$34.13	0.0%	COM CL A	34379V103
OGN	ORGANON & CO	540,000	$16.44M	3.8%	$30.45 *	$26.64	+1.3%	COMMON STOCK	68622V106
—	TUPPERWARE BRANDS CORP	1,064,024	$16.27M	3.8%	$15.29	$29.09	—	COM	899896104
—	FRONTIER COMMUNICATIONS PARE	540,000	$15.93M	3.7%	$29.49	$28.08	—	COM	35909D109
GLW	CORNING INC	410,000	$15.26M	3.5%	$37.23 *	$33.34	0.0%	COM	219350105
CBT	CABOT CORP	240,000	$13.49M	3.1%	$56.20 *	$49.67	+1.5%	COM	127055101
RRGB	RED ROBIN GOURMET BURGERS IN	753,934	$12.46M	2.9%	$16.53 *	$23.97	-20.2%	COM	75689M101
—	CONTINENTAL RES INC	270,000	$12.09M	2.8%	$44.76	$46.15	—	COM	212015101
—	CONTEXTLOGIC INC	3,700,000	$11.51M	2.7%	$3.11	$5.46	—	COM CL A	21077C107
—	ZUORA INC	610,000	$11.39M	2.6%	$18.68	$17.23	—	COM CL A	98983V106
—	HERSHA HOSPITALITY TR	800,000	$7.336M	1.7%	$9.17	$10.59	—	PR SHS BEN INT	427825500
—	POTBELLY CORP	1,280,000	$7.142M	1.7%	$5.58	$5.46	—	COM	73754Y100
SD	SANDRIDGE ENERGY INC	670,000	$7.008M	1.6%	$10.46 *	$8.26	+43.8%	COM NEW	80007P869
ROKU	ROKU INC	30,000	$6.846M	1.6%	$228.20 *	$269.73	0.0%	COM CL A	77543R102
CBRL	CRACKER BARREL OLD CTRY STOR	50,000	$6.432M	1.5%	$128.64 *	$111.02	0.0%	COM	22410J106
LAD	LITHIA MTRS INC	20,000	$5.939M	1.4%	$296.95 *	$308.90	0.0%	COM	536797103
UNFI	UNITED NAT FOODS INC	100,000	$4.908M	1.1%	$49.08	$25.81	+87.2%	Call	911163103
—	SERES THERAPEUTICS INC	550,000	$4.582M	1.1%	$8.33	$8.33	—	COM	81750R102
—	GRAFTECH INTL LTD	380,000	$4.495M	1.0%	$11.83	$10.36	—	COM	384313508
BLMN	BLOOMIN BRANDS INC	140,000	$2.937M	0.7%	$20.98 *	$17.80	0.0%	COM	094235108
—	ROOT INC	900,000	$2.79M	0.6%	$3.10	$5.27	—	COM CL A	77664L108
—	MONEYGRAM INTL INC	250,000	$1.973M	0.5%	$7.89	$8.02	—	Call	60935Y208
—	WW INTL INC	100,000	$1.613M	0.4%	$16.13	$16.13	—	COM	98262P101
DAR	DARLING INGREDIENTS INC	15,000	$1.039M	0.2%	$69.27 *	$72.67	0.0%	COM	237266101