Soviero Asset Management, LP Buys Continental Resources Inc, ContextLogic Inc, Root Inc, Sells Canadian Solar Inc, Walgreens Boots Alliance Inc, Jumia Technologies AG

Investment company Soviero Asset Management, LP (Current Portfolio) buys Continental Resources Inc, ContextLogic Inc, Root Inc, WestRock Co, Cleveland-Cliffs Inc, sells Canadian Solar Inc, Walgreens Boots Alliance Inc, Jumia Technologies AG, Maxar Technologies Inc, Cracker Barrel Old Country Store Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Soviero Asset Management, LP. As of 2021Q3, Soviero Asset Management, LP owns 37 stocks with a total value of $526 million. These are the details of the buys and sells.

For the details of Soviero Asset Management, LP's stock buys and sells, go to https://www.gurufocus.com/guru/soviero+asset+management%2C+lp/current-portfolio/portfolio

These are the top 5 holdings of Soviero Asset Management, LP
  1. Maxar Technologies Inc (MAXR) - 1,938,885 shares, 10.45% of the total portfolio. Shares reduced by 24.85%
  2. United Natural Foods Inc (UNFI) - 900,000 shares, 8.29% of the total portfolio. Shares reduced by 7.22%
  3. Tupperware Brands Corp (TUP) - 1,760,000 shares, 7.07% of the total portfolio. Shares reduced by 2.22%
  4. Community Health Systems Inc (CYH) - 2,599,900 shares, 5.79% of the total portfolio. Shares reduced by 21.22%
  5. Organon & Co (OGN) - 779,800 shares, 4.86% of the total portfolio. Shares added by 84.86%
New Purchase: Continental Resources Inc (CLR)

Soviero Asset Management, LP initiated holding in Continental Resources Inc. The purchase prices were between $32.02 and $47.07, with an estimated average price of $37.77. The stock is now traded at around $48.435000. The impact to a portfolio due to this purchase was 4.57%. The holding were 520,000 shares as of 2021-09-30.

New Purchase: ContextLogic Inc (WISH)

Soviero Asset Management, LP initiated holding in ContextLogic Inc. The purchase prices were between $5.46 and $12.24, with an estimated average price of $8.33. The stock is now traded at around $5.190000. The impact to a portfolio due to this purchase was 4.26%. The holding were 4,100,000 shares as of 2021-09-30.

New Purchase: Root Inc (ROOT)

Soviero Asset Management, LP initiated holding in Root Inc. The purchase prices were between $5.23 and $9.94, with an estimated average price of $6.92. The stock is now traded at around $5.022500. The impact to a portfolio due to this purchase was 4.11%. The holding were 4,100,000 shares as of 2021-09-30.

New Purchase: WestRock Co (WRK)

Soviero Asset Management, LP initiated holding in WestRock Co. The purchase prices were between $47.96 and $53.34, with an estimated average price of $50.58. The stock is now traded at around $49.180000. The impact to a portfolio due to this purchase was 3.79%. The holding were 400,000 shares as of 2021-09-30.

New Purchase: Cleveland-Cliffs Inc (CLF)

Soviero Asset Management, LP initiated holding in Cleveland-Cliffs Inc. The purchase prices were between $19.26 and $26.02, with an estimated average price of $22.8. The stock is now traded at around $21.885000. The impact to a portfolio due to this purchase was 3.62%. The holding were 960,000 shares as of 2021-09-30.

New Purchase: Tronox Holdings PLC (TROX)

Soviero Asset Management, LP initiated holding in Tronox Holdings PLC. The purchase prices were between $17.39 and $25.08, with an estimated average price of $20.56. The stock is now traded at around $24.455000. The impact to a portfolio due to this purchase was 3.52%. The holding were 750,000 shares as of 2021-09-30.

Added: Organon & Co (OGN)

Soviero Asset Management, LP added to a holding in Organon & Co by 84.86%. The purchase prices were between $28.63 and $35.64, with an estimated average price of $32.03. The stock is now traded at around $33.460000. The impact to a portfolio due to this purchase was 2.23%. The holding were 779,800 shares as of 2021-09-30.

Added: Cornerstone Building Brands Inc (CNR)

Soviero Asset Management, LP added to a holding in Cornerstone Building Brands Inc by 94.29%. The purchase prices were between $14.53 and $18.18, with an estimated average price of $16.3. The stock is now traded at around $16.730000. The impact to a portfolio due to this purchase was 0.92%. The holding were 680,000 shares as of 2021-09-30.

Added: W&T Offshore Inc (WTI)

Soviero Asset Management, LP added to a holding in W&T Offshore Inc by 44.44%. The purchase prices were between $2.73 and $5.07, with an estimated average price of $3.59. The stock is now traded at around $4.084200. The impact to a portfolio due to this purchase was 0.28%. The holding were 1,300,000 shares as of 2021-09-30.

Sold Out: Canadian Solar Inc (CSIQ)

Soviero Asset Management, LP sold out a holding in Canadian Solar Inc. The sale prices were between $31.99 and $43.74, with an estimated average price of $38.1.

Sold Out: Walgreens Boots Alliance Inc (WBA)

Soviero Asset Management, LP sold out a holding in Walgreens Boots Alliance Inc. The sale prices were between $45.58 and $51.78, with an estimated average price of $48.28.

Sold Out: Jumia Technologies AG (JMIA)

Soviero Asset Management, LP sold out a holding in Jumia Technologies AG. The sale prices were between $17.08 and $28.65, with an estimated average price of $21.25.

Sold Out: Cracker Barrel Old Country Store Inc (CBRL)

Soviero Asset Management, LP sold out a holding in Cracker Barrel Old Country Store Inc. The sale prices were between $133.13 and $149.49, with an estimated average price of $140.23.

Sold Out: WW International Inc (WW)

Soviero Asset Management, LP sold out a holding in WW International Inc. The sale prices were between $18.25 and $36.76, with an estimated average price of $26.25.

Sold Out: Tenable Holdings Inc (TENB)

Soviero Asset Management, LP sold out a holding in Tenable Holdings Inc. The sale prices were between $39.5 and $48.22, with an estimated average price of $43.86.



Here is the complete portfolio of Soviero Asset Management, LP. Also check out:

1. Soviero Asset Management, LP's Undervalued Stocks
2. Soviero Asset Management, LP's Top Growth Companies, and
3. Soviero Asset Management, LP's High Yield stocks
4. Stocks that Soviero Asset Management, LP keeps buying