Soviero Asset Management, LP Buys Walgreens Boots Alliance Inc, Fluence Energy Inc, Corning Inc, Sells WestRock Co, Cleveland-Cliffs Inc, Root Inc

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Feb 16, 2022
Investment company Soviero Asset Management, LP (Current Portfolio) buys Walgreens Boots Alliance Inc, Fluence Energy Inc, Corning Inc, B. Riley Financial Inc, Cabot Corp, sells WestRock Co, Cleveland-Cliffs Inc, Root Inc, Tupperware Brands Corp, Maxar Technologies Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Soviero Asset Management, LP. As of 2021Q4, Soviero Asset Management, LP owns 32 stocks with a total value of $433 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) - 1,440,000 shares, 9.83% of the total portfolio. Shares reduced by 25.73%
  2. United Natural Foods Inc (UNFI) - 775,000 shares, 8.79% of the total portfolio. Shares reduced by 13.89%
  3. B. Riley Financial Inc (RILY) - 420,000 shares, 8.63% of the total portfolio. Shares added by 61.54%
  4. Community Health Systems Inc (CYH) - 2,150,000 shares, 6.62% of the total portfolio. Shares reduced by 17.3%
  5. Tronox Holdings PLC (TROX) - 940,000 shares, 5.22% of the total portfolio. Shares added by 25.33%
New Purchase: Walgreens Boots Alliance Inc (WBA)

Soviero Asset Management, LP initiated holding in Walgreens Boots Alliance Inc. The purchase prices were between $43.72 and $52.25, with an estimated average price of $48.45. The stock is now traded at around $48.300000. The impact to a portfolio due to this purchase was 4.34%. The holding were 360,000 shares as of 2021-12-31.

New Purchase: Fluence Energy Inc (FLNC)

Soviero Asset Management, LP initiated holding in Fluence Energy Inc. The purchase prices were between $29.71 and $37.61, with an estimated average price of $34.19. The stock is now traded at around $13.470000. The impact to a portfolio due to this purchase was 4.11%. The holding were 500,000 shares as of 2021-12-31.

New Purchase: Corning Inc (GLW)

Soviero Asset Management, LP initiated holding in Corning Inc. The purchase prices were between $35.39 and $39.43, with an estimated average price of $37.47. The stock is now traded at around $42.090000. The impact to a portfolio due to this purchase was 3.53%. The holding were 410,000 shares as of 2021-12-31.

New Purchase: Roku Inc (ROKU)

Soviero Asset Management, LP initiated holding in Roku Inc. The purchase prices were between $203.94 and $344.46, with an estimated average price of $267.9. The stock is now traded at around $168.150000. The impact to a portfolio due to this purchase was 1.58%. The holding were 30,000 shares as of 2021-12-31.

New Purchase: Cracker Barrel Old Country Store Inc (CBRL)

Soviero Asset Management, LP initiated holding in Cracker Barrel Old Country Store Inc. The purchase prices were between $119.4 and $148.62, with an estimated average price of $133.16. The stock is now traded at around $131.400000. The impact to a portfolio due to this purchase was 1.49%. The holding were 50,000 shares as of 2021-12-31.

New Purchase: Lithia Motors Inc (LAD)

Soviero Asset Management, LP initiated holding in Lithia Motors Inc. The purchase prices were between $279 and $342.01, with an estimated average price of $308.14. The stock is now traded at around $320.240000. The impact to a portfolio due to this purchase was 1.37%. The holding were 20,000 shares as of 2021-12-31.

Added: B. Riley Financial Inc (RILY)

Soviero Asset Management, LP added to a holding in B. Riley Financial Inc by 61.54%. The purchase prices were between $58.94 and $89.05, with an estimated average price of $73.61. The stock is now traded at around $65.380000. The impact to a portfolio due to this purchase was 3.29%. The holding were 420,000 shares as of 2021-12-31.

Added: Cabot Corp (CBT)

Soviero Asset Management, LP added to a holding in Cabot Corp by 130.77%. The purchase prices were between $50.96 and $59.68, with an estimated average price of $55.07. The stock is now traded at around $72.750000. The impact to a portfolio due to this purchase was 1.77%. The holding were 240,000 shares as of 2021-12-31.

Added: Tronox Holdings PLC (TROX)

Soviero Asset Management, LP added to a holding in Tronox Holdings PLC by 25.33%. The purchase prices were between $21.55 and $26.24, with an estimated average price of $23.9. The stock is now traded at around $23.540000. The impact to a portfolio due to this purchase was 1.06%. The holding were 940,000 shares as of 2021-12-31.

Added: Zuora Inc (ZUO)

Soviero Asset Management, LP added to a holding in Zuora Inc by 45.24%. The purchase prices were between $16.13 and $23.08, with an estimated average price of $20.12. The stock is now traded at around $16.390000. The impact to a portfolio due to this purchase was 0.82%. The holding were 610,000 shares as of 2021-12-31.

Sold Out: WestRock Co (WRK)

Soviero Asset Management, LP sold out a holding in WestRock Co. The sale prices were between $42.48 and $51.63, with an estimated average price of $46.94.

Sold Out: Cleveland-Cliffs Inc (CLF)

Soviero Asset Management, LP sold out a holding in Cleveland-Cliffs Inc. The sale prices were between $19.23 and $25.63, with an estimated average price of $21.57.

Sold Out: Newell Brands Inc (NWL)

Soviero Asset Management, LP sold out a holding in Newell Brands Inc. The sale prices were between $20.57 and $24.47, with an estimated average price of $22.58.

Sold Out: NCR Corp (NCR)

Soviero Asset Management, LP sold out a holding in NCR Corp. The sale prices were between $37.35 and $44.19, with an estimated average price of $41.36.

Sold Out: Cornerstone Building Brands Inc (CNR)

Soviero Asset Management, LP sold out a holding in Cornerstone Building Brands Inc. The sale prices were between $13.66 and $17.45, with an estimated average price of $15.58.

Sold Out: Pitney Bowes Inc (PBI)

Soviero Asset Management, LP sold out a holding in Pitney Bowes Inc. The sale prices were between $6.28 and $8.01, with an estimated average price of $7.08.



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