Soviero Asset Management, LP Hedge Fund

CIK: 0001755622 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value ($000): $407,141 (100.0% shares, 0.0% debt)

Holdings (36)

— MAXAR TECHNOLOGIES INC 13.9%

Value ($000) $56,428 Shares 1,430,000 Est. Cost $38.17 Unrealized —

RILY B. RILEY FINANCIAL INC 7.3%

Value ($000) $29,523 Shares 422,000 Est. Cost $55.87 Unrealized +21.2%

— TUPPERWARE BRANDS CORP 6.2%

Value ($000) $25,285 Shares 1,300,000 Est. Cost $27.34 Unrealized —

SD SANDRIDGE ENERGY INC 5.4%

Value ($000) $21,787 Shares 1,360,000 Est. Cost $10.62 Unrealized +21.5%

CYH COMMUNITY HEALTH SYS INC NEW 5.2%

Value ($000) $21,366 Shares 1,800,000 Est. Cost $13.59 Unrealized -10.5%

GLW CORNING INC 4.5%

Value ($000) $18,455 Shares 500,000 Est. Cost $33.62 Unrealized +3.9%

UNFI UNITED NAT FOODS INC 4.2%

Value ($000) $17,160 Shares 415,000 Est. Cost $25.81 Unrealized +58.5%

TROX TRONOX HOLDINGS PLC 4.0%

Value ($000) $16,426 Shares 830,000 Est. Cost $21.22 Unrealized +2.2%

OGN ORGANON & CO 4.0%

Value ($000) $16,417 Shares 470,000 Est. Cost $26.64 Unrealized +7.2%

CTRN CITI TRENDS INC 3.8%

Value ($000) $15,313 Shares 500,000 Est. Cost $46.73 Unrealized 0.0%

RRGB RED ROBIN GOURMET BURGERS IN 3.7%

Value ($000) $15,174 Shares 900,000 Est. Cost $22.71 Unrealized -28.8%

— CONTEXTLOGIC INC 3.5%

Value ($000) $14,400 Shares 6,400,000 Est. Cost $4.11 Unrealized —

JXN JACKSON FINANCIAL INC 3.0%

Value ($000) $12,384 Shares 280,000 Est. Cost $34.23 Unrealized 0.0%

— VISTA OUTDOOR INC 2.8%

Value ($000) $11,421 Shares 320,000 Est. Cost $35.69 Unrealized —

CHGG CHEGG INC 2.7%

Value ($000) $10,884 Shares 300,000 Est. Cost $30.09 Unrealized 0.0%

COTY COTY INC 2.6%

Value ($000) $10,788 Shares 1,200,000 Est. Cost $6.82 Unrealized +30.9%

CIVI CIVITAS RESOURCES INC 2.3%

Value ($000) $9,554 Shares 160,000 Est. Cost $38.27 Unrealized 0.0%

— HERSHA HOSPITALITY TR 2.2%

Value ($000) $8,808 Shares 970,000 Est. Cost $10.32 Unrealized —

STNE STONECO LTD 2.2%

Value ($000) $8,775 Shares 750,000 Est. Cost $11.70 Unrealized —

— POTBELLY CORP 2.1%

Value ($000) $8,604 Shares 1,284,124 Est. Cost $5.46 Unrealized —

HTZ HERTZ GLOBAL HLDGS INC 2.0%

Value ($000) $8,196 Shares 370,000 Est. Cost $21.01 Unrealized 0.0%

— TUPPERWARE BRANDS CORP 1.9%

Value ($000) $7,780 Shares 400,000 Est. Cost $27.34 Unrealized —

VISN COMMSCOPE HLDG CO INC 1.5%

Value ($000) $6,304 Shares 800,000 Est. Cost $9.15 Unrealized 0.0%

SCVL SHOE CARNIVAL INC 1.3%

Value ($000) $5,249 Shares 180,000 Est. Cost $32.60 Unrealized 0.0%

WU WESTERN UN CO 1.2%

Value ($000) $4,872 Shares 260,000 Est. Cost $18.74 Unrealized —

— PDC ENERGY INC 1.1%

Value ($000) $4,361 Shares 60,000 Est. Cost $72.68 Unrealized —

— LAZYDAYS HLDGS INC 0.9%

Value ($000) $3,723 Shares 184,490 Est. Cost $20.18 Unrealized —

BBBY OVERSTOCK COM INC DEL 0.8%

Value ($000) $3,080 Shares 70,000 Est. Cost $48.88 Unrealized 0.0%

LQDA LIQUIDIA CORPORATION 0.7%

Value ($000) $3,016 Shares 420,000 Est. Cost $6.29 Unrealized 0.0%

— SERES THERAPEUTICS INC 0.6%

Value ($000) $2,563 Shares 360,000 Est. Cost $8.33 Unrealized —

CYH COMMUNITY HEALTH SYS INC NEW 0.6%

Value ($000) $2,374 Shares 200,000 Est. Cost $13.59 Unrealized -10.5%

PLBY PLBY GROUP INC 0.6%

Value ($000) $2,356 Shares 180,000 Est. Cost $16.83 Unrealized 0.0%

— ALLBIRDS INC 0.4%

Value ($000) $1,503 Shares 250,000 Est. Cost $6.01 Unrealized —

— GRAFTECH INTL LTD 0.3%

Value ($000) $1,347 Shares 140,000 Est. Cost $10.36 Unrealized —

NRDY NERDY INC 0.3%

Value ($000) $1,018 Shares 200,000 Est. Cost $4.46 Unrealized 0.0%

— DARE BIOSCIENCE INC 0.1%

Value ($000) $447 Shares 300,000 Est. Cost $1.49 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	MAXAR TECHNOLOGIES INC	1,430,000	$56,428	13.9%	$38.17	—	COM	57778K105
RILY	B. RILEY FINANCIAL INC	422,000	$29,523	7.3%	$55.87	+21.2%	COM	05580M108
—	TUPPERWARE BRANDS CORP	1,300,000	$25,285	6.2%	$27.34	—	COM	899896104
SD	SANDRIDGE ENERGY INC	1,360,000	$21,787	5.4%	$10.62	+21.5%	COM NEW	80007P869
CYH	COMMUNITY HEALTH SYS INC NEW	1,800,000	$21,366	5.2%	$13.59	-10.5%	COM	203668108
GLW	CORNING INC	500,000	$18,455	4.5%	$33.62	+3.9%	COM	219350105
UNFI	UNITED NAT FOODS INC	415,000	$17,160	4.2%	$25.81	+58.5%	COM	911163103
TROX	TRONOX HOLDINGS PLC	830,000	$16,426	4.0%	$21.22	+2.2%	SHS	G9087Q102
OGN	ORGANON & CO	470,000	$16,417	4.0%	$26.64	+7.2%	COMMON STOCK	68622V106
CTRN	CITI TRENDS INC	500,000	$15,313	3.8%	$46.73	0.0%	COM	17306X102
RRGB	RED ROBIN GOURMET BURGERS IN	900,000	$15,174	3.7%	$22.71	-28.8%	COM	75689M101
—	CONTEXTLOGIC INC	6,400,000	$14,400	3.5%	$4.11	—	COM CL A	21077C107
JXN	JACKSON FINANCIAL INC	280,000	$12,384	3.0%	$34.23	0.0%	COM CL A	46817M107
—	VISTA OUTDOOR INC	320,000	$11,421	2.8%	$35.69	—	COM	928377100
CHGG	CHEGG INC	300,000	$10,884	2.7%	$30.09	0.0%	COM	163092109
COTY	COTY INC	1,200,000	$10,788	2.6%	$6.82	+30.9%	COM CL A	222070203
CIVI	CIVITAS RESOURCES INC	160,000	$9,554	2.3%	$38.27	0.0%	COM NEW	17888H103
—	HERSHA HOSPITALITY TR	970,000	$8,808	2.2%	$10.32	—	PR SHS BEN INT	427825500
STNE	STONECO LTD	750,000	$8,775	2.2%	$11.70	—	COM CL A	G85158106
—	POTBELLY CORP	1,284,124	$8,604	2.1%	$5.46	—	COM	73754Y100
HTZ	HERTZ GLOBAL HLDGS INC	370,000	$8,196	2.0%	$21.01	0.0%	COM NEW	42806J700
—	TUPPERWARE BRANDS CORP	400,000	$7,780	1.9%	$27.34	—	Call	899896104
VISN	COMMSCOPE HLDG CO INC	800,000	$6,304	1.5%	$9.15	0.0%	COM	20337X109
SCVL	SHOE CARNIVAL INC	180,000	$5,249	1.3%	$32.60	0.0%	COM	824889109
WU	WESTERN UN CO	260,000	$4,872	1.2%	$18.74	—	COM	959802109
—	PDC ENERGY INC	60,000	$4,361	1.1%	$72.68	—	COM	69327R101
—	LAZYDAYS HLDGS INC	184,490	$3,723	0.9%	$20.18	—	COM	52110H100
BBBY	OVERSTOCK COM INC DEL	70,000	$3,080	0.8%	$48.88	0.0%	COM	690370101
LQDA	LIQUIDIA CORPORATION	420,000	$3,016	0.7%	$6.29	0.0%	COM NEW	53635D202
—	SERES THERAPEUTICS INC	360,000	$2,563	0.6%	$8.33	—	COM	81750R102
CYH	COMMUNITY HEALTH SYS INC NEW	200,000	$2,374	0.6%	$13.59	-10.5%	Call	203668108
PLBY	PLBY GROUP INC	180,000	$2,356	0.6%	$16.83	0.0%	COM	72814P109
—	ALLBIRDS INC	250,000	$1,503	0.4%	$6.01	—	COM CL A	01675A109
—	GRAFTECH INTL LTD	140,000	$1,347	0.3%	$10.36	—	COM	384313508
NRDY	NERDY INC	200,000	$1,018	0.3%	$4.46	0.0%	CL A COM	64081V109
—	DARE BIOSCIENCE INC	300,000	$447	0.1%	$1.49	—	COM	23666P101