Soviero Asset Management, LP
Long book
$178.1M
Q1 2026
Positions
50
Top-10 weight
34%
concentration
Last quarter
+12.9%
SPY +14.8%
Turnover
70%
of book per quarter
Strategy in plain words
auto-generated from filingsSoviero Asset Management, LP is a diversified fundamental manager, running a $178.1M US long book across 50 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: PERMIAN RESOURCES CORP-CL A, TALOS ENERGY INC, VISTANCE NETWORKS INC, CVR ENERGY INC, AMENTUM HOLDINGS INC.
Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-11.7%
Q2 2024
+1.3%
Q3 2024
+12.6%
Q4 2024
-21.1%
Q1 2025
+11.9%
Q2 2025
+9.9%
Q3 2025
+6.2%
Q4 2025
+4.8%
Q1 2026
+12.9%
Sector allocation
Energy 20%
Consumer discretionary 18%
Technology 17%
Services media 9%
Industrials 8%
Other 7%
Materials 7%
Healthcare 6%
Long book by quarter
What does Soviero Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PR PERMIAN RESOURCES CORP-CL A | Energy | 311.0K | $6.6M | 3.7% | -13.6% |
| TALO TALOS ENERGY INC | Energy | 408.0K | $6.4M | 3.6% | +13.3% |
| VISN VISTANCE NETWORKS INC | Technology | 350.0K | $6.4M | 3.6% | +9.4% |
| CVI CVR ENERGY INC | Energy | 187.9K | $6.3M | 3.5% | New |
| AMTM AMENTUM HOLDINGS INC | Services media | 240.0K | $6.3M | 3.5% | +34.8% |
| C CITIGROUP INC | Financials | 55.0K | $6.2M | 3.5% | +57.1% |
| TROX TRONOX HOLDINGS PLC | Materials | 610.0K | $6.0M | 3.3% | -36.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 28.0K | $5.8M | 3.3% | +7.7% |
| CPNG COUPANG INC | Consumer discretionary | 290.0K | $5.5M | 3.1% | New |
| RIG TRANSOCEAN LTD | Energy | 810.0K | $5.4M | 3.0% | +1.3% |
| RYAM RAYONIER ADVANCED MATERIALS | Other | 480.0K | $5.3M | 3.0% | New |
| GME GAMESTOP CORP-CLASS A | Consumer discretionary | 230.0K | $5.3M | 3.0% | -1.3% |
| VAL VALARIS LTD | Energy | 53.0K | $5.2M | 2.9% | -24.3% |
| FLEX FLEX LTD | Technology | 77.0K | $5.0M | 2.8% | New |
| GIL GILDAN ACTIVEWEAR INC | Other | 89.0K | $5.0M | 2.8% | New |
| UBER UBER TECHNOLOGIES INC | Services media | 68.0K | $4.9M | 2.7% | New |
| W WAYFAIR INC- CLASS A | Consumer discretionary | 65.0K | $4.9M | 2.7% | New |
| PPTA PERPETUA RESOURCES CORP | Materials | 150.0K | $4.2M | 2.4% | -25.0% |
| PATH UIPATH INC - CLASS A | Technology | 360.0K | $4.0M | 2.2% | +12.5% |
| CARR CARRIER GLOBAL CORP | Industrials | 69.0K | $3.9M | 2.2% | New |
| CNK CINEMARK HOLDINGS INC | Services media | 135.0K | $3.9M | 2.2% | New |
| ADNT ADIENT PLC | Industrials | 185.0K | $3.7M | 2.1% | +46.8% |
| DGX QUEST DIAGNOSTICS INC | Healthcare | 18.0K | $3.5M | 2.0% | New |
| LUMN LUMEN TECHNOLOGIES INC | Communications | 500.0K | $3.5M | 2.0% | -7.4% |
| RKLB ROCKET LAB CORP | Industrials | 54.0K | $3.5M | 1.9% | +20.0% |
| LTRX LANTRONIX INC | Technology | 650.0K | $3.4M | 1.9% | +14.0% |
| IEP ICAHN ENTERPRISES LP | Energy | 450.0K | $3.4M | 1.9% | New |
| HZO MARINEMAX INC | Consumer discretionary | 125.2K | $3.4M | 1.9% | +13.8% |
| WEN WENDY'S CO/THE | Consumer discretionary | 470.0K | $3.3M | 1.8% | +46.9% |
| LW LAMB WESTON HOLDINGS INC | Consumer staples | 72.0K | $3.0M | 1.7% | New |
| WOLF WOLFSPEED INC | Technology | 180.0K | $2.9M | 1.6% | New |
| EOLS EVOLUS INC | Healthcare | 680.4K | $2.8M | 1.6% | +3.9% |
| TOST TOAST INC-CLASS A | Technology | 100.0K | $2.7M | 1.5% | New |
| DFTX DEFINIUM THERAPEUTICS INC | Materials | 140.0K | $2.6M | 1.5% | New |
| ZIM ZIM INTEGRATED SHIPPING SERV | Industrials | 100.0K | $2.6M | 1.5% | -45.9% |
| VERA VERA THERAPEUTICS INC | Healthcare | 65.0K | $2.6M | 1.5% | -23.5% |
| TDOC TELADOC HEALTH INC | Healthcare | 440.0K | $2.4M | 1.3% | New |
| CBRL CRACKER BARREL OLD COUNTRY | Consumer discretionary | 75.0K | $2.1M | 1.2% | New |
| TREX TREX COMPANY INC | Other | 55.0K | $2.0M | 1.1% | -40.2% |
| CAVA CAVA GROUP INC | Consumer discretionary | 22.0K | $1.8M | 1.0% | -35.0% |
| AMKR AMKOR TECHNOLOGY INC | Technology | 37.0K | $1.7M | 0.9% | -67.5% |
| SOC SABLE OFFSHORE CORP | Energy | 80.0K | $1.3M | 0.7% | New |
| GRAB GRAB HOLDINGS LTD - CL A | Services media | 330.0K | $1.2M | 0.7% | New |
| IHRT IHEARTMEDIA INC - CLASS A | Communications | 400.0K | $1.2M | 0.7% | -32.2% |
| CLVT CLARIVATE PLC | Technology | 450.0K | $1.1M | 0.6% | New |
| AMD ADVANCED MICRO DEVICES | Technology | 5.0K | $1.0M | 0.6% | New |
| UAA UNDER ARMOUR INC-CLASS A | Other | 170.0K | $1.0M | 0.6% | New |
| UMAC UNUSUAL MACHINES INC /US | Technology | 60.0K | $744K | 0.4% | New |
| NUAI NEW ERA ENERGY & DIGITAL INC | Energy | 180.0K | $731K | 0.4% | New |
| NVTS NAVITAS SEMICONDUCTOR CORP | Technology | 50.0K | $439K | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 57 | $200.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 65 | $208.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 63 | $192.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 55 | $165.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 44 | $111.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 56 | $159.8M | confidential canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 33 | $110.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 39 | $164.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 39 | $172.3M | canonical | SEC ↗ |
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