Soviero Asset Management, LP In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Soviero Asset Management, LP reported 34 stock positions worth $85.8 million . Its top holding was Honeywell International (HON) at 5.7% of the portfolio, followed by Amazon.com (AMZN, 5.3% ) and Permian Resources Class A (PR, 4.5% ). Compared with Q4 2024, it opened 18 new positions, sold out of 35, added to 3 and reduced 13. The biggest buy was a new position in Honeywell International (HON) and the biggest sale an exit from Twilio Class A (TWLO).
Location NEW YORK, NY
CIK 0001755622
Portfolio Value $85.8M (Q1 2025) Holdings 34 stocks · $85.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 HON Honeywell International Inc. 23,000 $4.9M New AMZN Amazon.com Inc. 24,000 $4.6M Reduce -14.3% PR Permian Resources Corp. Class A 280,000 $3.9M New PBPB Potbelly Corp. 383,000 $3.6M Reduce -19.5% RRC Range Resources Corp. 91,000 $3.6M Reduce -9.0% WMB Williams Cos Inc. 58,000 $3.5M Reduce -27.5% GENI Genius Sports Ltd. 340,000 $3.4M New FLEX Flex Ltd. 100,000 $3.3M Reduce -4.8% LW Lamb Weston Holdings Inc. 62,000 $3.3M Add +24.0% FCX Freeport-McMoran Inc. 87,000 $3.3M New TROX Tronox Holdings PLC 440,000 $3.1M New ANF Abercrombie & Fitch Co. Class A 40,000 $3.1M New ROKU Roku Inc. 42,000 $3.0M New CE Celanese Corp. 52,000 $3.0M New WDC Western Digital Corp. 72,000 $2.9M New SD Sandridge Energy Inc. 252,000 $2.9M Reduce -12.7% CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC 490,000 $2.8M New PBF PBF Energy Inc. Class A 130,000 $2.5M Reduce -13.3% VAL Valaris Ltd. 63,000 $2.5M New HIMX Himax Technologies Inc.-ADR 335,000 $2.5M Reduce -33.0% AAPL Apple Inc. 11,000 $2.4M Reduce -8.3% HBAN Huntington Bancshares Inc. 160,000 $2.4M Add +6.7% UAA Under Armour Inc. Class A 370,000 $2.3M Reduce -28.9% OPRA Opera Ltd.-ADR 135,000 $2.2M Reduce -56.5% MWA Mueller Water Products Inc. Class A 80,000 $2.0M Reduce -30.4% PPTA Perpetua Resources Corp. 171,280 $1.8M New NET Cloudflare Inc. Class A 15,000 $1.7M New TREX Trex Company Inc. 28,000 $1.6M New PYPL PayPal Holdings Inc. 15,000 $979K New CLOV Clover Health Investments Co. 250,000 $898K New CELH Celsius Holdings Inc. 20,000 $712K New SPWH Sportsman's Warehouse Holdin 480,000 $477K Add +92.0% RGTI Rigetti Computing Inc. 54,300 $430K Reduce -74.1% UAMY United States Antimony Corp. 182,000 $400K New
Options reported separately and not counted above: FLEX calls ($4.3M), WDC calls ($4.0M), PATH calls ($3.8M), CLF calls ($3.5M), ON calls ($3.5M), LW calls ($2.1M), PBF calls ($1.9M), SEDG calls ($1.1M), TDOC calls ($1.1M), HIMX calls ($368K).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ TWLO Twilio Inc. Class A Sold out 0.00% −4.21 LUNR Intuitive Machines Inc. Sold out 0.00% −4.17 LULU Lululemon Athletica Inc. Sold out 0.00% −3.85 GTLS Chart Industries Inc. Sold out 0.00% −3.45 SHOP Shopify Inc. Class A Sold out 0.00% −3.25 SDRL Seadrill Limited Sold out 0.00% −2.98 CORZ Core Scientific Inc. Sold out 0.00% −2.73 GSAT Globalstar Inc. Sold out 0.00% −2.59 FORM Formfactor Inc. Sold out 0.00% −2.26 BBAI Bigbear.ai Holdings Inc. Sold out 0.00% −2.26 NWL Newell Brands Inc. Sold out 0.00% −2.15 CCJ Cameco Corp. Sold out 0.00% −2.11 FRSH Freshworks Inc. Class A Sold out 0.00% −2.08 ALB Albemarle Corp. Sold out 0.00% −2.03 LUCK Lucky Strike Entertainment C Sold out 0.00% −1.95 GNRC Generac Holdings Inc. Sold out 0.00% −1.83 RGTI Rigetti Computing Inc. Reduce -74.1% 0.50% −1.73 OPRA Opera Ltd.-ADR Reduce -56.5% 2.51% −1.57 U Unity Software Inc. Sold out 0.00% −1.56 GME Gamestop Corp. Class A Sold out 0.00% −1.42 GILD Gilead Sciences Inc. Sold out 0.00% −1.28 ABAT American Battery Technology Sold out 0.00% −1.16 SHOE Shoe Station Group Inc. Sold out 0.00% −1.16 LAES Sealsq Corp. Sold out 0.00% −1.07 WOOF Petco Health and Wellness Co. Sold out 0.00% −0.93 PDYN Palladyne AI Corp. Sold out 0.00% −0.85 SOUN Soundhound AI Inc. Class A Sold out 0.00% −0.69 OPTU Optimum Communications Inc. Class A Sold out 0.00% −0.67 ATEC Alphatec Holdings Inc. Sold out 0.00% −0.64 PATH Uipath Inc. Class A Sold out 0.00% −0.62 ZVIA Zevia PBC-A Sold out 0.00% −0.61 HTZ Hertz Global Hldgs Inc. Sold out 0.00% −0.56 RKLB Rocket Lab USA Inc. Sold out 0.00% −0.53 PHUN Phunware Inc. Sold out 0.00% −0.36 UAA Under Armour Inc. Class A Reduce -28.9% 2.69% −0.30 VIP Vulcan Infrastructure and Po Sold out 0.00% −0.27 COHR Coherent Corp. Sold out 0.00% −0.26 NRDY Nerdy Inc. Sold out 0.00% −0.17 HIMX Himax Technologies Inc.-ADR Reduce -33.0% 2.87% +0.07 PBF PBF Energy Inc. Class A Reduce -13.3% 2.89% +0.12 MWA Mueller Water Products Inc. Class A Reduce -30.4% 2.37% +0.57 AAPL Apple Inc. Reduce -8.3% 2.85% +0.76 SD Sandridge Energy Inc. Reduce -12.7% 3.35% +1.00 WMB Williams Cos Inc. Reduce -27.5% 4.04% +1.03 AMZN Amazon.com Inc. Reduce -14.3% 5.32% +1.05 FLEX Flex Ltd. Reduce -4.8% 3.85% +1.05 PBPB Potbelly Corp. Reduce -19.5% 4.24% +1.13 RRC Range Resources Corp. Reduce -9.0% 4.23% +1.73
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ HON Honeywell International Inc. New 5.67% +5.67 PR Permian Resources Corp. Class A New 4.52% +4.52 GENI Genius Sports Ltd. New 3.96% +3.96 FCX Freeport-McMoran Inc. New 3.84% +3.84 TROX Tronox Holdings PLC New 3.61% +3.61 ANF Abercrombie & Fitch Co. Class A New 3.56% +3.56 ROKU Roku Inc. New 3.45% +3.45 CE Celanese Corp. New 3.44% +3.44 WDC Western Digital Corp. New 3.39% +3.39 CMRC Commerce.com Inc. New 3.29% +3.29 VAL Valaris Ltd. New 2.88% +2.88 PPTA Perpetua Resources Corp. New 2.13% +2.13 NET Cloudflare Inc. Class A New 1.97% +1.97 TREX Trex Company Inc. New 1.90% +1.90 LW Lamb Weston Holdings Inc. Add +24.0% 3.85% +1.53 PYPL PayPal Holdings Inc. New 1.14% +1.14 HBAN Huntington Bancshares Inc. Add +6.7% 2.80% +1.10 CLOV Clover Health Investments Co. New 1.05% +1.05 CELH Celsius Holdings Inc. New 0.83% +0.83 UAMY United States Antimony Corp. New 0.47% +0.47 SPWH Sportsman's Warehouse Holdin Add +92.0% 0.56% +0.09
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ SN Sharkninja Inc. call Sold out 72,000 $7.0Mbefore exit FLEX Flex Ltd. call New 130,500 $4.3M WDC Western Digital Corp. call New 100,000 $4.0M CLF Cleveland-Cliffs Inc. call New 430,000 $3.5M ON On Semiconductor call New 85,000 $3.5M LW Lamb Weston Holdings Inc. call New 40,000 $2.1M PBF PBF Energy Inc. Class A call New 100,000 $1.9M RXRX Recursion Pharmaceuticals-A call Sold out 230,000 $1.6Mbefore exit UAA Under Armour Inc. Class A call Sold out 155,000 $1.3Mbefore exit SEDG Solaredge Technologies Inc. call Reduce -30.0% 70,000 $1.1M TDOC Teladoc Health Inc. call New 140,000 $1.1M HIMX Himax Technologies Inc.-ADR call New 50,000 $368K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 55 $206.1M FLEX, AMZN, IBM, COMP, CVI Q1 2026 50 $178.1M PR, TALO, VISN, CVI, AMTM Q4 2025 59 $191.3M CLF, AMZN, VISN, HRI, PATH Q3 2025 54 $161.8M VISN, CLF, C, PATH, PBF Q2 2025 47 $136.4M ON, TDOC, C, CORZ, LHX Q1 2025 34 $85.8M HON, AMZN, PR, PBPB, RRC Q4 2024 51 $143.9M AMZN, TWLO, LUNR, OPRA, LULU Q3 2024 31 $99.3M AMD, AMZN, OPRA, PBF, AAPL Q2 2024 35 $130.1M PBF, AAPL, GNRC, FCX, GOOG Q1 2024 36 $146.3M PBPB, PBF, SD, MU, FCX