Soviero Asset Management, LP
Soviero Asset Management, LP is a New York-based hedge fund and investment manager founded in Delaware. As of 2025, the firm manages approximately $165 million in assets and primarily serves institutional investors. The firm is registered with the SEC (CIK: 0001755622), operates from its headquarters in Midtown Manhattan, and has a reported staff of six employees. Soviero Asset Management appears to focus on active portfolio management and equity investing, with frequent 13F filings evidencing a dynamic approach to securities selection.
Investment Strategy
Soviero Asset Management employs an active, opportunistic equity investment strategy. The portfolio is comprised of publicly traded securities with frequent adjustments in holdings, indicating a tactical and value-driven approach. The firm regularly initiates new positions and reduces or exits existing holdings based on market conditions and analysis, aiming for alpha generation and capital appreciation. Sector and stock concentration are dynamically managed to optimize risk-adjusted returns within a diversified but concentrated portfolio.
Top Holdings
Equity Positions (47)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
O ON | ON SEMICONDUCTOR CORP | 3.01% | $5.0M | 95,000 | $52.41 | $52.41 | +$5.0M |
T TDOC | TELADOC HEALTH INC | 3.00% | $5.0M | 570,000 | $8.71 | $8.71 | +$5.0M |
C C | CITIGROUP INC | 2.98% | $4.9M | 58,000 | $85.12 | $85.12 | +$4.9M |
C CORZ | CORE SCIENTIFIC INC NEW | 2.89% | $4.8M | 280,000 | $17.07 | $17.07 | +$4.8M |
L LHX | L3HARRIS TECHNOLOGIES INC | 2.88% | $4.8M | 19,000 | $250.84 | $250.84 | +$4.8M |
Options Positions (8)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
F FLEX | FLEX LTD | — | Call | $6.5M | 1,305 | $49.92 | $33.08 | 0 | +$2.2M |
W WDC | WESTERN DIGITAL CORP | Sold | Call | $5.1M | 800 | $63.99 | $40.43 | -200 | +$1.1M |
O ON | ON SEMICONDUCTOR CORP | — | Call | $4.5M | 850 | $52.41 | $40.69 | 0 | +$996.2K |
P PBF | PBF ENERGY INC | Bought | Call | $3.7M | 1,700 | $21.67 | $20.15 | +700 | +$1.8M |
C CLF | CLEVELAND-CLIFFS INC NEW | — | Call | $3.3M | 4,300 | $7.60 | $8.22 | 0 | -$266.6K |