Established in June 2018, Soviero Asset Management is a New York-based hedge fund manager founded by Thomas Soviero, who spent 22 years as a portfolio manager at Fidelity. The firm focuses on opportunistic long-short equity and credit strategies, primarily targeting leveraged capital structures. Soviero Asset Management employs a flexible investing approach across equities, high-yield, and convertible bonds.
Thomas T. Soviero is the Founding Partner and Chief Investment Officer at Soviero Asset Management LP. With over 31 years of portfolio management and research experience, Soviero previously served as a Portfolio Manager, Director of High Yield Research, and Research Analyst at Fidelity Investments from 1989 to 2016. He earned a B.S. from Boston College in 1985.
Soviero Asset Management manages discretionary assets totaling $242,181,690 for 3 clients as of March 2024. Their last reported 13F filing for Q1 2024 listed $172,330,843 in managed 13F securities, with a top 10 holdings concentration of 54.84%. The firm's largest holding is Potbelly Corp, with 1,306,700 shares.
