Soviero Asset Management, LP Hedge Fund

Location: New York, NY

CIK: 0001755622 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 14, 2022

Total Value: $270M (100.0% shares, 0.0% debt)

Holdings (29)

— MAXAR TECHNOLOGIES INC 13.5%

Value $36.53M Shares 1,400,000 Share Price $26.09 Est. Cost/Share $38.17 Unrealized @ Report Date —

SD SANDRIDGE ENERGY INC 8.1%

Value $21.94M Shares 1,400,000 Share Price $15.67 * Est. Cost/Share $10.89 Unrealized @ Report Date +65.9%

UNFI UNITED NAT FOODS INC 5.8%

Value $15.76M Shares 400,000 Share Price $39.40 * Est. Cost/Share $25.81 Unrealized @ Report Date +65.0%

TROX TRONOX HOLDINGS PLC 5.4%

Value $14.62M Shares 870,000 Share Price $16.80 * Est. Cost/Share $21.08 Unrealized @ Report Date -29.6%

— PROSHARES TR 5.0%

Value $13.57M Shares 700,000 Share Price $19.38 Est. Cost/Share $19.38 Unrealized @ Report Date —

OGN ORGANON & CO 5.0%

Value $13.5M Shares 400,000 Share Price $33.75 * Est. Cost/Share $26.64 Unrealized @ Report Date -3.7%

CIVI CIVITAS RESOURCES INC 4.8%

Value $13.07M Shares 250,000 Share Price $52.29 * Est. Cost/Share $41.37 Unrealized @ Report Date +4.4%

GLW CORNING INC 4.6%

Value $12.29M Shares 390,000 Share Price $31.51 * Est. Cost/Share $33.62 Unrealized @ Report Date -8.5%

CTRN CITI TRENDS INC 4.3%

Value $11.59M Shares 490,000 Share Price $23.65 Est. Cost/Share $46.73 Unrealized @ Report Date -49.8%

— HERSHA HOSPITALITY TR 4.0%

Value $10.89M Shares 1,110,000 Share Price $9.81 Est. Cost/Share $10.26 Unrealized @ Report Date —

— VISTA OUTDOOR INC 3.9%

Value $10.6M Shares 380,000 Share Price $27.90 Est. Cost/Share $34.46 Unrealized @ Report Date —

PINS PINTEREST INC 3.8%

Value $10.35M Shares 570,000 Share Price $18.16 * Est. Cost/Share $20.92 Unrealized @ Report Date +4.8%

— CONTEXTLOGIC INC 3.4%

Value $9.12M Shares 5,700,000 Share Price $1.60 Est. Cost/Share $4.11 Unrealized @ Report Date —

RILY B. RILEY FINANCIAL INC 3.4%

Value $9.084M Shares 215,000 Share Price $42.25 * Est. Cost/Share $55.87 Unrealized @ Report Date -10.6%

JXN JACKSON FINANCIAL INC 3.3%

Value $8.828M Shares 330,000 Share Price $26.75 * Est. Cost/Share $33.65 Unrealized @ Report Date -25.5%

— HANESBRANDS INC 3.2%

Value $8.747M Shares 850,000 Share Price $10.29 Est. Cost/Share $10.29 Unrealized @ Report Date —

RRGB RED ROBIN GOURMET BURGERS IN 3.2%

Value $8.672M Shares 1,080,000 Share Price $8.03 Est. Cost/Share $20.72 Unrealized @ Report Date -60.6%

SCVL SHOE CARNIVAL INC 3.0%

Value $7.996M Shares 370,000 Share Price $21.61 * Est. Cost/Share $30.47 Unrealized @ Report Date -24.9%

— POTBELLY CORP 2.8%

Value $7.628M Shares 1,350,000 Share Price $5.65 Est. Cost/Share $5.47 Unrealized @ Report Date —

WU WESTERN UN CO 1.6%

Value $4.447M Shares 270,000 Share Price $16.47 Est. Cost/Share $18.65 Unrealized @ Report Date —

COTY COTY INC 1.6%

Value $4.406M Shares 550,000 Share Price $8.01 * Est. Cost/Share $6.82 Unrealized @ Report Date +11.0%

— WESTROCK CO 1.3%

Value $3.586M Shares 90,000 Share Price $39.84 Est. Cost/Share $39.84 Unrealized @ Report Date —

— AVAYA HLDGS CORP 1.1%

Value $2.912M Shares 1,300,000 Share Price $2.24 Est. Cost/Share $2.24 Unrealized @ Report Date —

DRIP DIREXION SHS ETF TR 1.0%

Value $2.718M Shares 110,000 Share Price $24.71 Est. Cost/Share $24.71 Unrealized @ Report Date —

ZG ZILLOW GROUP INC 0.8%

Value $2.227M Shares 70,000 Share Price $31.81 * Est. Cost/Share $39.49 Unrealized @ Report Date -11.7%

GTES GATES INDL CORP PLC 0.7%

Value $1.838M Shares 170,000 Share Price $10.81 * Est. Cost/Share $12.51 Unrealized @ Report Date -9.5%

EPSN EPSILON ENERGY LTD 0.7%

Value $1.767M Shares 300,000 Share Price $5.89 * Est. Cost/Share $5.77 Unrealized @ Report Date -3.4%

— DARE BIOSCIENCE INC 0.2%

Value $615K Shares 500,000 Share Price $1.23 Est. Cost/Share $1.39 Unrealized @ Report Date —

— NOODLES & CO 0.1%

Value $308K Shares 65,489 Share Price $4.70 Est. Cost/Share $4.70 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MAXAR TECHNOLOGIES INC	1,400,000	$36.53M	13.5%	$26.09	$38.17	—	COM	57778K105
SD	SANDRIDGE ENERGY INC	1,400,000	$21.94M	8.1%	$15.67 *	$10.89	+65.9%	COM NEW	80007P869
UNFI	UNITED NAT FOODS INC	400,000	$15.76M	5.8%	$39.40 *	$25.81	+65.0%	COM	911163103
TROX	TRONOX HOLDINGS PLC	870,000	$14.62M	5.4%	$16.80 *	$21.08	-29.6%	SHS	G9087Q102
—	PROSHARES TR	700,000	$13.57M	5.0%	$19.38	$19.38	—	ULTSHT RUSS2000	74347G689
OGN	ORGANON & CO	400,000	$13.5M	5.0%	$33.75 *	$26.64	-3.7%	COMMON STOCK	68622V106
CIVI	CIVITAS RESOURCES INC	250,000	$13.07M	4.8%	$52.29 *	$41.37	+4.4%	COM NEW	17888H103
GLW	CORNING INC	390,000	$12.29M	4.6%	$31.51 *	$33.62	-8.5%	COM	219350105
CTRN	CITI TRENDS INC	490,000	$11.59M	4.3%	$23.65	$46.73	-49.8%	COM	17306X102
—	HERSHA HOSPITALITY TR	1,110,000	$10.89M	4.0%	$9.81	$10.26	—	PR SHS BEN INT	427825500
—	VISTA OUTDOOR INC	380,000	$10.6M	3.9%	$27.90	$34.46	—	COM	928377100
PINS	PINTEREST INC	570,000	$10.35M	3.8%	$18.16 *	$20.92	+4.8%	CL A	72352L106
—	CONTEXTLOGIC INC	5,700,000	$9.12M	3.4%	$1.60	$4.11	—	COM CL A	21077C107
RILY	B. RILEY FINANCIAL INC	215,000	$9.084M	3.4%	$42.25 *	$55.87	-10.6%	COM	05580M108
JXN	JACKSON FINANCIAL INC	330,000	$8.828M	3.3%	$26.75 *	$33.65	-25.5%	COM CL A	46817M107
—	HANESBRANDS INC	850,000	$8.747M	3.2%	$10.29	$10.29	—	COM	410345102
RRGB	RED ROBIN GOURMET BURGERS IN	1,080,000	$8.672M	3.2%	$8.03	$20.72	-60.6%	COM	75689M101
SCVL	SHOE CARNIVAL INC	370,000	$7.996M	3.0%	$21.61 *	$30.47	-24.9%	COM	824889109
—	POTBELLY CORP	1,350,000	$7.628M	2.8%	$5.65	$5.47	—	COM	73754Y100
WU	WESTERN UN CO	270,000	$4.447M	1.6%	$16.47	$18.65	—	COM	959802109
COTY	COTY INC	550,000	$4.406M	1.6%	$8.01 *	$6.82	+11.0%	COTY INC	222070203
—	WESTROCK CO	90,000	$3.586M	1.3%	$39.84	$39.84	—	COM	96145D105
—	AVAYA HLDGS CORP	1,300,000	$2.912M	1.1%	$2.24	$2.24	—	COM	05351X101
DRIP	DIREXION SHS ETF TR	110,000	$2.718M	1.0%	$24.71	$24.71	—	DLY S&P OIL GAS	25460G328
ZG	ZILLOW GROUP INC	70,000	$2.227M	0.8%	$31.81 *	$39.49	-11.7%	CL A	98954M101
GTES	GATES INDL CORP PLC	170,000	$1.838M	0.7%	$10.81 *	$12.51	-9.5%	ORD SHS	G39108108
EPSN	EPSILON ENERGY LTD	300,000	$1.767M	0.7%	$5.89 *	$5.77	-3.4%	COM	294375209
—	DARE BIOSCIENCE INC	500,000	$615K	0.2%	$1.23	$1.39	—	COM	23666P101
—	NOODLES & CO	65,489	$308K	0.1%	$4.70	$4.70	—	COM CL A	65540B105