Sovarnum Capital L.P.

CIK

1626420

Location

New York, NY

Portfolio Value

Small $104,694,115

Diversification

Diversified

Filing Date

Global Rank

#5,576 / 6,035 ▼ 614 · as of Sep 2021

Top Industry

Credit Services 7.9%

Period ended 5 years ago

Filed Nov 8, 2021 · 5y

4 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2021, never from the firm's own description.

Style

Diversified active

Top 10 weight 35.6%, 42.7 effective positions, active share 80.1% against the S&P 500 as of 2021-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 3.2 quarters (under 4)

Closest benchmark: the S&P 500 as of 2021-09-30, active share 80.1%; sector active share 43.3% against the combined 13F book's sector weights.

Over time 4 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

62 tracked positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021

Top Position

5.2%

+1.3 pts

Top 5

21.1%

+3.2 pts

Top 10

35.6%

+2.5 pts

HHI

234

Diversified+35

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2021

Sector	% Portfolio	Value	Positions
Financial Services	31.1%	$32,517,900	15
Consumer Cyclical	23.8%	$24,948,681	17
Technology	12.2%	$12,802,400	8
Communication Services	11.0%	$11,479,910	4
Real Estate	7.9%	$8,307,229	5
Industrials	7.2%	$7,558,925	5
Unclassified	4.1%	$4,312,650	6
Consumer Defensive	2.6%	$2,766,420	2

Last Quarter's Activity

Export CSV

Sep 30, 2021 vs Jun 30, 2021

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
RITM	Rithm Capital Corp.	+20,000	200,000	$2,200,000
—		+5,000	35,000	$1,377,000
JPM	Jpmorgan Chase & Co	+1,500	12,500	$2,046,125
NFLX	Netflix Inc	+970	5,000	$3,051,700
SE	Sea Ltd	+500	12,500	$3,984,125
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NMIH	NMI Holdings, Inc.	−60,000	110,000	$2,487,100
F	Ford Motor Co	−40,000	195,000	$2,761,200
DHI	Horton D R Inc	−40,000	21,000	$1,763,370
ESNT	Essent Group Ltd.	−30,000	35,000	$1,540,350
RDN	Radian Group Inc	−30,000	50,000	$1,136,000
GM	General Motors Co	−28,500	76,500	$4,032,315
PFSI	PennyMac Financial Services, Inc.	−25,700	58,000	$3,545,540
UBER	Uber Technologies, Inc	−20,000	65,000	$2,912,000
XLF	State Street Corp	−15,000	145,000	$5,441,850
BAC	Bank Of America Corp	−15,000	50,000	$2,122,500
DAL	Delta Air Lines, Inc.	−15,000	20,000	$852,200
TGT	Target Corp	−13,500	6,000	$1,372,620
LUV	Southwest Airlines Co	−12,500	15,000	$771,450
FDX	Fedex Corp	−10,000	7,500	$1,644,675
CZR	Caesars Entertainment, Inc.	−8,000	11,000	$1,235,080
DIS	Walt Disney Co	−7,000	11,000	$1,860,870
—		−7,000	4,000	$886,559
COF	Capital One Financial Corp	−7,000	25,500	$4,130,235
LOW	Lowes Companies Inc	−6,000	2,000	$405,720
—		−5,612	10,000	$817,000
WMT	Walmart Inc.	−5,500	10,000	$1,393,800
MCHI	iShares MSCI China ETF	−5,000	5,000	$337,650
JD	JD.com, Inc.	−4,000	5,000	$361,200
ACN	Accenture plc	−3,500	3,500	$1,119,720
MSFT	Microsoft Corp	−3,500	8,000	$2,255,360
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
LPLA	LPL Financial Holdings Inc.	15,000	$2,351,400
—		75,000	$2,203,000
SCHW	Schwab Charles Corp	30,000	$2,185,200
AMD	Advanced Micro Devices Inc	17,550	$1,805,895
CRM	Salesforce, Inc.	6,500	$1,762,930
KLIC	Kulicke & Soffa Industries Inc	30,000	$1,748,400
NAVI	Navient Holdings, Inc.	60,000	$1,183,800
ACT	Enact Holdings, Inc.	50,000	$1,096,500
FIGS	FIGS, Inc.	22,000	$817,080
—		10,000	$604,000
PTON	Peloton Interactive, Inc.	6,000	$522,300
DASH	DoorDash, Inc.	2,500	$514,950
—		85,200	$351,000
EVGO	EVgo Inc.	20,000	$163,000
—		50,000	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
KBH	Kb Home	82,000	$3,339,040
ARCB	Arcbest Corp	41,351	$2,406,214
SLG	Sl Green Realty Corp	26,648	$2,132,517
NSC	Norfolk Southern Corp	8,000	$2,123,280
MS	Morgan Stanley	22,500	$2,063,025
DRI	Darden Restaurants Inc	13,000	$1,897,870
VAC	MARRIOTT VACATIONS WORLDWIDE Corp	11,000	$1,752,300
TPR	Tapestry, Inc.	39,000	$1,695,720
ALLY	Ally Financial Inc.	33,000	$1,644,720
EXPE	Expedia Group, Inc.	10,000	$1,637,100
WDC	Western Digital Corp	23,000	$1,636,909
HRB	H&R Block Inc	60,000	$1,408,800
BABA	Alibaba Group Holding Ltd	6,000	$1,360,680
WFC	Wells Fargo & Company	27,500	$1,245,475
BNY	Bank of New York Mellon Corp	20,000	$1,024,600
C	Citigroup Inc	14,000	$990,500
JBHT	Hunt J B Transport Services Inc	5,000	$814,750
COST	Costco Wholesale Corp	2,000	$791,340
CPRI	Capri Holdings Ltd	13,500	$772,065
MTCH	Match Group, Inc.	4,500	$725,625
EAT	Brinker International, Inc	11,000	$680,350
MAA	Mid America Apartment Communities Inc.	4,000	$673,680
WYNN	Wynn Resorts Ltd	4,000	$489,200
TNL	Travel & Leisure Co.	7,500	$445,875
BRX	Brixmor Property Group Inc.	18,400	$421,176
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 tracked positions · $104,694,115 total · filing declares 63 positions · $105,874,000 · as of Sep 30, 2021

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Industrials Real Estate Technology

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
XLF	State Street Corp Financial Services	Reduced	145,000	-15,000	$5,441,850	−7.3%	4	before history	5.20%
GOOG	Alphabet Inc. Communication Services	Reduced	1,700	-450	$4,531,000	−15.9%	4	before history	4.33%
COF	Capital One Financial Corp Financial Services	Reduced	25,500	-7,000	$4,130,235	−17.8%	4	before history	3.95%
GM	General Motors Co Consumer Cyclical	Reduced	76,500	-28,500	$4,032,315	−35.1%	4	before history	3.85%
SE	Sea Ltd Consumer Cyclical	Added	12,500	+500	$3,984,125	+20.9%	4	before history	3.81%
PFSI	PennyMac Financial Services, Inc. Financial Services	Reduced	58,000	-25,700	$3,545,540	−31.4%	4	before history	3.39%
NFLX	Netflix Inc Communication Services	Added	5,000	+970	$3,051,700	+43.4%	4	before history	2.91%
UPS	United Parcel Service Inc Industrials	Reduced	16,000	-500	$2,913,600	−15.1%	4	before history	2.78%
UBER	Uber Technologies, Inc Technology	Reduced	65,000	-20,000	$2,912,000	−31.6%	4	before history	2.78%
F	Ford Motor Co Consumer Cyclical	Reduced	195,000	-40,000	$2,761,200	−20.9%	3	$12.15	2.64%
NMIH	NMI Holdings, Inc. Financial Services	Reduced	110,000	-60,000	$2,487,100	−34.9%	3	$23.53	2.38%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Held	31,500	0	$2,431,485	+6.8%	4	before history	2.32%
LPLA	LPL Financial Holdings Inc. Financial Services	NEW	15,000	NEW	$2,351,400	NEW	1	$143.63	2.25%
MSFT	Microsoft Corp Technology	Reduced	8,000	-3,500	$2,255,360	−27.6%	4	before history	2.15%
		NEW	75,000	NEW	$2,203,000	NEW	1	unpriced	2.10%
RITM	Rithm Capital Corp. Real Estate	Added	200,000	+20,000	$2,200,000	+15.4%	3	$10.39	2.10%
SCHW	Schwab Charles Corp Financial Services	NEW	30,000	NEW	$2,185,200	NEW	1	$71.42	2.09%
BAC	Bank Of America Corp Financial Services	Reduced	50,000	-15,000	$2,122,500	−20.8%	4	before history	2.03%
JPM	Jpmorgan Chase & Co Financial Services	Added	12,500	+1,500	$2,046,125	+19.6%	4	before history	1.95%
META	Meta Platforms, Inc. Communication Services	Reduced	6,000	-1,000	$2,036,340	−16.3%	2	$320.81	1.95%
DIS	Walt Disney Co Communication Services	Reduced	11,000	-7,000	$1,860,870	−41.2%	4	before history	1.78%
AMH	American Homes 4 Rent Real Estate	Reduced	48,000	-1,000	$1,829,760	−3.9%	3	$34.68	1.75%
AMD	Advanced Micro Devices Inc Technology	NEW	17,550	NEW	$1,805,895	NEW	1	$102.22	1.72%
INVH	Invitation Homes Inc. Real Estate	Held	47,000	0	$1,801,510	+2.8%	3	$33.07	1.72%
DHI	Horton D R Inc Consumer Cyclical	Reduced	21,000	-40,000	$1,763,370	−68.0%	4	before history	1.68%
CRM	Salesforce, Inc. Technology	NEW	6,500	NEW	$1,762,930	NEW	1	$253.96	1.68%
KLIC	Kulicke & Soffa Industries Inc Technology	NEW	30,000	NEW	$1,748,400	NEW	1	$62.27	1.67%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	525	-875	$1,724,646	−64.2%	4	before history	1.65%
AXP	American Express Co Financial Services	Held	10,000	0	$1,675,300	+1.4%	4	before history	1.60%
SBUX	Starbucks Corp Consumer Cyclical	Held	15,000	0	$1,654,650	−1.3%	4	before history	1.58%
FDX	Fedex Corp Industrials	Reduced	7,500	-10,000	$1,644,675	−68.5%	4	before history	1.57%
UDR	UDR, Inc. Real Estate	Held	30,000	0	$1,589,400	+8.2%	3	$42.88	1.52%
ESNT	Essent Group Ltd. Financial Services	Reduced	35,000	-30,000	$1,540,350	−47.3%	4	before history	1.47%
WMT	Walmart Inc. Consumer Defensive	Reduced	10,000	-5,500	$1,393,800	−36.2%	4	before history	1.33%
		Added	35,000	+5,000	$1,377,000	+10.0%	2	unpriced	1.32%
TGT	Target Corp Consumer Defensive	Reduced	6,000	-13,500	$1,372,620	−70.9%	4	before history	1.31%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Reduced	11,000	-8,000	$1,235,080	−37.3%	4	before history	1.18%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	500	-300	$1,186,935	−32.2%	4	before history	1.13%
NAVI	Navient Holdings, Inc. Financial Services	NEW	60,000	NEW	$1,183,800	NEW	1	$21.47	1.13%
RDN	Radian Group Inc Financial Services	Reduced	50,000	-30,000	$1,136,000	−36.2%	2	$23.38	1.09%
ACN	Accenture plc Technology	Reduced	3,500	-3,500	$1,119,720	−45.7%	4	before history	1.07%
ACT	Enact Holdings, Inc. Financial Services	NEW	50,000	NEW	$1,096,500	NEW	1	unpriced	1.05%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	7,500	-2,500	$990,825	−17.9%	3	$116.95	0.95%
SYF	Synchrony Financial Financial Services	Held	20,000	0	$977,600	+0.7%	4	before history	0.93%
		Reduced	4,000	-7,000	$886,559	−61.4%	3	$177.13	0.85%
DAL	Delta Air Lines, Inc. Industrials	Reduced	20,000	-15,000	$852,200	−43.7%	4	before history	0.81%
FIGS	FIGS, Inc. Consumer Cyclical	NEW	22,000	NEW	$817,080	NEW	1	$40.32	0.78%
		Reduced	10,000	-5,612	$817,000	−23.1%	2	unpriced	0.78%
LUV	Southwest Airlines Co Industrials	Reduced	15,000	-12,500	$771,450	−47.2%	4	before history	0.74%
XYZ	Block, Inc. Technology	Reduced	3,000	-750	$719,520	−21.3%	4	before history	0.69%

Showing the top 50 of 62 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.