Soviero Asset Management, LP Hedge Fund

Location: New York, NY

CIK: 0001755622 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value: $407M (100.0% shares, 0.0% debt)

Holdings (36)

— MAXAR TECHNOLOGIES INC 13.9%

Value $56.43M Shares 1,430,000 Share Price $39.46 Est. Cost/Share $38.17 Unrealized @ Report Date —

RILY B. RILEY FINANCIAL INC 7.3%

Value $29.52M Shares 422,000 Share Price $69.96 * Est. Cost/Share $55.87 Unrealized @ Report Date +21.2%

— TUPPERWARE BRANDS CORP 6.2%

Value $25.29M Shares 1,300,000 Share Price $19.45 Est. Cost/Share $27.34 Unrealized @ Report Date —

SD SANDRIDGE ENERGY INC 5.4%

Value $21.79M Shares 1,360,000 Share Price $16.02 * Est. Cost/Share $10.62 Unrealized @ Report Date +21.5%

CYH COMMUNITY HEALTH SYS INC NEW 5.2%

Value $21.37M Shares 1,800,000 Share Price $11.87 * Est. Cost/Share $13.59 Unrealized @ Report Date -10.5%

GLW CORNING INC 4.5%

Value $18.45M Shares 500,000 Share Price $36.91 * Est. Cost/Share $33.62 Unrealized @ Report Date +3.9%

UNFI UNITED NAT FOODS INC 4.2%

Value $17.16M Shares 415,000 Share Price $41.35 Est. Cost/Share $25.81 Unrealized @ Report Date +58.5%

TROX TRONOX HOLDINGS PLC 4.0%

Value $16.43M Shares 830,000 Share Price $19.79 * Est. Cost/Share $21.22 Unrealized @ Report Date +2.2%

OGN ORGANON & CO 4.0%

Value $16.42M Shares 470,000 Share Price $34.93 * Est. Cost/Share $26.64 Unrealized @ Report Date +7.2%

CTRN CITI TRENDS INC 3.8%

Value $15.31M Shares 500,000 Share Price $30.63 * Est. Cost/Share $46.73 Unrealized @ Report Date 0.0%

RRGB RED ROBIN GOURMET BURGERS IN 3.7%

Value $15.17M Shares 900,000 Share Price $16.86 * Est. Cost/Share $22.71 Unrealized @ Report Date -28.8%

— CONTEXTLOGIC INC 3.5%

Value $14.4M Shares 6,400,000 Share Price $2.25 Est. Cost/Share $4.11 Unrealized @ Report Date —

JXN JACKSON FINANCIAL INC 3.0%

Value $12.38M Shares 280,000 Share Price $44.23 * Est. Cost/Share $34.23 Unrealized @ Report Date 0.0%

— VISTA OUTDOOR INC 2.8%

Value $11.42M Shares 320,000 Share Price $35.69 Est. Cost/Share $35.69 Unrealized @ Report Date —

CHGG CHEGG INC 2.7%

Value $10.88M Shares 300,000 Share Price $36.28 * Est. Cost/Share $30.09 Unrealized @ Report Date 0.0%

COTY COTY INC 2.6%

Value $10.79M Shares 1,200,000 Share Price $8.99 Est. Cost/Share $6.82 Unrealized @ Report Date +30.9%

CIVI CIVITAS RESOURCES INC 2.3%

Value $9.554M Shares 160,000 Share Price $59.71 * Est. Cost/Share $38.27 Unrealized @ Report Date 0.0%

— HERSHA HOSPITALITY TR 2.2%

Value $8.808M Shares 970,000 Share Price $9.08 Est. Cost/Share $10.32 Unrealized @ Report Date —

STNE STONECO LTD 2.2%

Value $8.775M Shares 750,000 Share Price $11.70 Est. Cost/Share $11.70 Unrealized @ Report Date —

— POTBELLY CORP 2.1%

Value $8.604M Shares 1,284,124 Share Price $6.70 Est. Cost/Share $5.46 Unrealized @ Report Date —

HTZ HERTZ GLOBAL HLDGS INC 2.0%

Value $8.196M Shares 370,000 Share Price $22.15 * Est. Cost/Share $21.01 Unrealized @ Report Date 0.0%

— TUPPERWARE BRANDS CORP 1.9%

Value $7.78M Shares 400,000 Share Price $19.45 Est. Cost/Share $27.34 Unrealized @ Report Date —

VISN COMMSCOPE HLDG CO INC 1.5%

Value $6.304M Shares 800,000 Share Price $7.88 * Est. Cost/Share $9.15 Unrealized @ Report Date 0.0%

SCVL SHOE CARNIVAL INC 1.3%

Value $5.249M Shares 180,000 Share Price $29.16 * Est. Cost/Share $32.60 Unrealized @ Report Date 0.0%

WU WESTERN UN CO 1.2%

Value $4.872M Shares 260,000 Share Price $18.74 Est. Cost/Share $18.74 Unrealized @ Report Date —

— PDC ENERGY INC 1.1%

Value $4.361M Shares 60,000 Share Price $72.68 Est. Cost/Share $72.68 Unrealized @ Report Date —

— LAZYDAYS HLDGS INC 0.9%

Value $3.723M Shares 184,490 Share Price $20.18 Est. Cost/Share $20.18 Unrealized @ Report Date —

BBBY OVERSTOCK COM INC DEL 0.8%

Value $3.08M Shares 70,000 Share Price $44.00 * Est. Cost/Share $48.88 Unrealized @ Report Date 0.0%

LQDA LIQUIDIA CORPORATION 0.7%

Value $3.016M Shares 420,000 Share Price $7.18 * Est. Cost/Share $6.29 Unrealized @ Report Date 0.0%

— SERES THERAPEUTICS INC 0.6%

Value $2.563M Shares 360,000 Share Price $7.12 Est. Cost/Share $8.33 Unrealized @ Report Date —

CYH COMMUNITY HEALTH SYS INC NEW 0.6%

Value $2.374M Shares 200,000 Share Price $11.87 * Est. Cost/Share $13.59 Unrealized @ Report Date -10.5%

PLBY PLBY GROUP INC 0.6%

Value $2.356M Shares 180,000 Share Price $13.09 * Est. Cost/Share $16.83 Unrealized @ Report Date 0.0%

— ALLBIRDS INC 0.4%

Value $1.503M Shares 250,000 Share Price $6.01 Est. Cost/Share $6.01 Unrealized @ Report Date —

— GRAFTECH INTL LTD 0.3%

Value $1.347M Shares 140,000 Share Price $9.62 Est. Cost/Share $10.36 Unrealized @ Report Date —

NRDY NERDY INC 0.3%

Value $1.018M Shares 200,000 Share Price $5.09 * Est. Cost/Share $4.46 Unrealized @ Report Date 0.0%

— DARE BIOSCIENCE INC 0.1%

Value $447K Shares 300,000 Share Price $1.49 Est. Cost/Share $1.49 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MAXAR TECHNOLOGIES INC	1,430,000	$56.43M	13.9%	$39.46	$38.17	—	COM	57778K105
RILY	B. RILEY FINANCIAL INC	422,000	$29.52M	7.3%	$69.96 *	$55.87	+21.2%	COM	05580M108
—	TUPPERWARE BRANDS CORP	1,300,000	$25.29M	6.2%	$19.45	$27.34	—	COM	899896104
SD	SANDRIDGE ENERGY INC	1,360,000	$21.79M	5.4%	$16.02 *	$10.62	+21.5%	COM NEW	80007P869
CYH	COMMUNITY HEALTH SYS INC NEW	1,800,000	$21.37M	5.2%	$11.87 *	$13.59	-10.5%	COM	203668108
GLW	CORNING INC	500,000	$18.45M	4.5%	$36.91 *	$33.62	+3.9%	COM	219350105
UNFI	UNITED NAT FOODS INC	415,000	$17.16M	4.2%	$41.35	$25.81	+58.5%	COM	911163103
TROX	TRONOX HOLDINGS PLC	830,000	$16.43M	4.0%	$19.79 *	$21.22	+2.2%	SHS	G9087Q102
OGN	ORGANON & CO	470,000	$16.42M	4.0%	$34.93 *	$26.64	+7.2%	COMMON STOCK	68622V106
CTRN	CITI TRENDS INC	500,000	$15.31M	3.8%	$30.63 *	$46.73	0.0%	COM	17306X102
RRGB	RED ROBIN GOURMET BURGERS IN	900,000	$15.17M	3.7%	$16.86 *	$22.71	-28.8%	COM	75689M101
—	CONTEXTLOGIC INC	6,400,000	$14.4M	3.5%	$2.25	$4.11	—	COM CL A	21077C107
JXN	JACKSON FINANCIAL INC	280,000	$12.38M	3.0%	$44.23 *	$34.23	0.0%	COM CL A	46817M107
—	VISTA OUTDOOR INC	320,000	$11.42M	2.8%	$35.69	$35.69	—	COM	928377100
CHGG	CHEGG INC	300,000	$10.88M	2.7%	$36.28 *	$30.09	0.0%	COM	163092109
COTY	COTY INC	1,200,000	$10.79M	2.6%	$8.99	$6.82	+30.9%	COM CL A	222070203
CIVI	CIVITAS RESOURCES INC	160,000	$9.554M	2.3%	$59.71 *	$38.27	0.0%	COM NEW	17888H103
—	HERSHA HOSPITALITY TR	970,000	$8.808M	2.2%	$9.08	$10.32	—	PR SHS BEN INT	427825500
STNE	STONECO LTD	750,000	$8.775M	2.2%	$11.70	$11.70	—	COM CL A	G85158106
—	POTBELLY CORP	1,284,124	$8.604M	2.1%	$6.70	$5.46	—	COM	73754Y100
HTZ	HERTZ GLOBAL HLDGS INC	370,000	$8.196M	2.0%	$22.15 *	$21.01	0.0%	COM NEW	42806J700
—	TUPPERWARE BRANDS CORP	400,000	$7.78M	1.9%	$19.45	$27.34	—	Call	899896104
VISN	COMMSCOPE HLDG CO INC	800,000	$6.304M	1.5%	$7.88 *	$9.15	0.0%	COM	20337X109
SCVL	SHOE CARNIVAL INC	180,000	$5.249M	1.3%	$29.16 *	$32.60	0.0%	COM	824889109
WU	WESTERN UN CO	260,000	$4.872M	1.2%	$18.74	$18.74	—	COM	959802109
—	PDC ENERGY INC	60,000	$4.361M	1.1%	$72.68	$72.68	—	COM	69327R101
—	LAZYDAYS HLDGS INC	184,490	$3.723M	0.9%	$20.18	$20.18	—	COM	52110H100
BBBY	OVERSTOCK COM INC DEL	70,000	$3.08M	0.8%	$44.00 *	$48.88	0.0%	COM	690370101
LQDA	LIQUIDIA CORPORATION	420,000	$3.016M	0.7%	$7.18 *	$6.29	0.0%	COM NEW	53635D202
—	SERES THERAPEUTICS INC	360,000	$2.563M	0.6%	$7.12	$8.33	—	COM	81750R102
CYH	COMMUNITY HEALTH SYS INC NEW	200,000	$2.374M	0.6%	$11.87 *	$13.59	-10.5%	Call	203668108
PLBY	PLBY GROUP INC	180,000	$2.356M	0.6%	$13.09 *	$16.83	0.0%	COM	72814P109
—	ALLBIRDS INC	250,000	$1.503M	0.4%	$6.01	$6.01	—	COM CL A	01675A109
—	GRAFTECH INTL LTD	140,000	$1.347M	0.3%	$9.62	$10.36	—	COM	384313508
NRDY	NERDY INC	200,000	$1.018M	0.3%	$5.09 *	$4.46	0.0%	CL A COM	64081V109
—	DARE BIOSCIENCE INC	300,000	$447K	0.1%	$1.49	$1.49	—	COM	23666P101