Latest Soviero Asset Management, LP Stock Portfolio
Soviero Asset Management, LP Performance:
2024 Q3: -0.95%YTD: -0.28%2023: 9.12%
Performance for 2024 Q3 is -0.95%, and YTD is -0.28%, and 2023 is 9.12%.
About Soviero Asset Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Soviero Asset Management, LP reported an equity portfolio of $110.1 Millions as of 30 Sep, 2024.
The top stock holdings of Soviero Asset Management, LP are AMD, AMZN, OPRA. The fund has invested 5.8% of it's portfolio in ADVANCED MICRO DEVICES INC and 5.1% of portfolio in AMAZON COM INC.
The fund managers got completely rid off FREEPORT-MCMORAN INC (FCX), ALPHABET INC (GOOG) and MICRON TECHNOLOGY INC (MU) stocks. They significantly reduced their stock positions in BOWLERO CORP (BOWL), CAMECO CORP and GENERAC HLDGS INC (GNRC). Soviero Asset Management, LP opened new stock positions in ADVANCED MICRO DEVICES INC (AMD), AMAZON COM INC (AMZN) and LULULEMON ATHLETICA INC (LULU). The fund showed a lot of confidence in some stocks as they added substantially to WOLFSPEED INC (WOLF) and MUELLER WTR PRODS INC (MWA).
The top stock holdings of Soviero Asset Management, LP are AMD, AMZN, OPRA. The fund has invested 5.8% of it's portfolio in ADVANCED MICRO DEVICES INC and 5.1% of portfolio in AMAZON COM INC.
The fund managers got completely rid off FREEPORT-MCMORAN INC (FCX), ALPHABET INC (GOOG) and MICRON TECHNOLOGY INC (MU) stocks. They significantly reduced their stock positions in BOWLERO CORP (BOWL), CAMECO CORP and GENERAC HLDGS INC (GNRC). Soviero Asset Management, LP opened new stock positions in ADVANCED MICRO DEVICES INC (AMD), AMAZON COM INC (AMZN) and LULULEMON ATHLETICA INC (LULU). The fund showed a lot of confidence in some stocks as they added substantially to WOLFSPEED INC (WOLF) and MUELLER WTR PRODS INC (MWA).
Soviero Asset Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Soviero Asset Management, LP made a return of -0.95% in the last quarter. In trailing 12 months, it's portfolio return was 12.63%.
New Buys
| Ticker | $ Bought |
|---|---|
| advanced micro devices inc | 6,399,120 |
| amazon com inc | 5,589,900 |
| lululemon athletica inc | 4,612,950 |
| huntington bancshares inc | 3,675,000 |
| shopify inc | 3,365,880 |
| core scientific inc new | 3,083,600 |
| oracle corp | 2,896,800 |
| chart inds inc | 2,855,220 |
New stocks bought by Soviero Asset Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| wolfspeed inc | 87.5 |
| mueller wtr prods inc | 38.89 |
Additions to existing portfolio by Soviero Asset Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| bowlero corp | -58.44 |
| cameco corp | -52.17 |
| generac hldgs inc | -48.08 |
| apple inc | -39.39 |
| pbf energy inc | -29.79 |
| williams cos inc | -29.17 |
| potbelly corp | -27.6 |
| range res corp | -25.00 |
Soviero Asset Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| standard lithium ltd | -775,000 |
| hertz global hldgs inc | -1,500,250 |
| transocean ltd | -2,193,500 |
| jumia technologies ag | -1,965,600 |
| western un co | -2,932,800 |
| v f corp | -2,902,500 |
| bark inc | -307,700 |
| freeport-mcmoran inc | -6,561,000 |
Soviero Asset Management, LP got rid off the above stocks
Sector Distribution
Soviero Asset Management, LP has about 23.8% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 23.8 |
| Others | 18.4 |
| Energy | 16.8 |
| Consumer Cyclical | 14.7 |
| Industrials | 9.9 |
| Healthcare | 5.7 |
| Communication Services | 4.1 |
| Financial Services | 3.7 |
| Basic Materials | 2.8 |
Market Cap. Distribution
Soviero Asset Management, LP has about 41.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 24.4 |
| LARGE-CAP | 21.9 |
| MEGA-CAP | 19.7 |
| UNALLOCATED | 18.4 |
| SMALL-CAP | 11.2 |
| MICRO-CAP | 4.5 |
Stocks belong to which Index?
About 67.1% of the stocks held by Soviero Asset Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 43 |
| Others | 32.9 |
| RUSSELL 2000 | 24.1 |
Soviero Asset Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Soviero Asset Management, LP
Soviero Asset Management, LP has 31 stocks in it's portfolio. About 44.3% of the portfolio is in top 10 stocks. PBF proved to be the most loss making stock for the portfolio. GNRC was the most profitable stock for Soviero Asset Management, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.23 | 20,000 | 4,660,000 | reduced | -39.39 | ||
| ALB | albemarle corp | 2.50 | 29,000 | 2,746,590 | new | |||
| AMD | advanced micro devices inc | 5.81 | 39,000 | 6,399,120 | new | |||
| AMZN | amazon com inc | 5.08 | 30,000 | 5,589,900 | new | |||
| ATUS | altice usa inc | 1.19 | 530,000 | 1,303,800 | new | |||
| BAC | bank america corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BARK | bark inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BILL | bill holdings inc | 2.49 | 52,000 | 2,743,520 | new | |||
| BOWL | bowlero corp | 1.71 | 160,000 | 1,878,400 | reduced | -58.44 | ||
| CHPT | chargepoint holdings inc | 0.87 | 700,000 | 959,000 | new | |||
| COHR | coherent corp | 1.78 | 22,000 | 1,956,020 | new | |||
| CRH | crh plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DAR | darling ingredients inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DOMO | domo inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ENVX | enovix corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EOLS | evolus inc | 2.21 | 150,000 | 2,430,000 | new | |||
| FCX | freeport-mcmoran inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FITB | fifth third bancorp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GILD | gilead sciences inc | 1.75 | 23,000 | 1,928,320 | new | |||
| GNRC | generac hldgs inc | 3.90 | 27,000 | 4,289,760 | reduced | -48.08 | ||