Sovos Brands (SOVO)

Company Profile

sovos brands is a new kind of food and beverage company with a mission to acquire and build one-of-a-kind brands. sovos has the soul of a startup, the experience of an industry leader and the financial backing of advent international. sovos brands has a one-of-a-kind approach to brands, business and people—in fact, the only thing that’s old school about the company is the name, inspired by the old latin term sovos, which means unique or one of a kind. this one-of-a- kind vision leads the company’s focus on people and brands, working to ensure that both can really thrive. find out more about sovos brands at sovosbrands.com.

Company profile

Ticker

SOVO

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Dog and Cat Food Manufacturing

Industry (SIC)

Food and Kindred Products

Mondelez International • Conagra Brands • Campbell Soup • Hain Celestial • Flowers Foods • B&G Foods • Bellring Brands • Simply Good Foods • Oxus Acquisition • Benson Hill ...

SEC CIK

0001856608

Corporate docs

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Sovos Brands Holdings, Inc. • Sovos Brands Intermediate, Inc. • Aidaca, LLC • Bottom Line Food Processors, Inc. • Noosa Holdings, Inc. • Noosa Intermediate, Inc. • Noosa Acquirer, Inc. • Noosa Yoghurt, LLC • Rao’s Specialty Foods, Inc. ...

SOVO stock data

1M 1Y 5Y

Latest filings (excl ownership)

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DEFM14A

Proxy related to merger

13 Sep 23

PREM14A

Preliminary proxy related to merger

9 Aug 23

Additional proxy soliciting materials

8 Aug 23

DEFA14A

Additional proxy soliciting materials

7 Aug 23

DEFA14A

Additional proxy soliciting materials

7 Aug 23

DEFA14A

Additional proxy soliciting materials

7 Aug 23

8-K

Sovos Brands Reports Second Quarter 2023 Financial Results

7 Aug 23

8-K

Submission of Matters to a Vote of Security Holders

Transcripts

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SOVO

Earnings call transcript

2023 Q1

10 May 23

SOVO

Earnings call transcript

2022 Q4

8 Mar 23

SOVO

Earnings call transcript

2022 Q2

7 Aug 22

SOVO

Earnings call transcript

2022 Q1

8 May 22

SOVO

Earnings call transcript

2021 Q4

15 Mar 22

SOVO

Earnings call transcript

2021 Q3

13 Nov 21

Latest ownership filings

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TODD R LACHMAN

12 Sep 23

144

Notice of proposed sale of securities

11 Sep 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

28 Aug 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

14 Aug 23

144

Notice of proposed sale of securities

14 Aug 23

144

Notice of proposed sale of securities

11 Aug 23

Financial summary

Financial statements Chart SOVO financial data

Quarter (USD)	Jul 23	Apr 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q2 2023

SOVO institutional ownership history Ownership history

92.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	134	109	+22.9%
Opened positions	38	30	+26.7%
Closed positions	13	15	-13.3%
Increased positions	62	43	+44.2%
Reduced positions	22	27	-18.5%

13F shares	Current	Prev Q	Change
Total value	1.81 tn	1.54 tn	+17.3%
Total shares	93.29 mm	93.43 mm	-0.1%
Total puts	3.60 k	900.00	+300.0%
Total calls	16.20 k	3.80 k	+326.3%
Total put/call ratio	0.2	0.2	-6.2%

Largest owners	Shares	Value	Change
Advent International	42.61 mm	$833.49 bn	-20.7%
Wellington Management	5.64 mm	$110.30 bn	-9.2%
Capital World Investors	5.36 mm	$104.80 bn	0.0%
Vanguard	4.65 mm	$90.99 bn	+24.7%
BLK Blackrock	4.24 mm	$82.88 bn	+19.8%
FMR	3.38 mm	$66.13 bn	+8.2%
Champlain Investment Partners	3.17 mm	$62.07 bn	+5.4%
Loomis Sayles & Co L P	2.23 mm	$43.50 bn	+18.9%
Driehaus Capital Management	1.86 mm	$36.29 bn	+179.3%
Ranger Investment Management	1.40 mm	$27.39 bn	+4.0%

Largest transactions	Shares	Bought/sold	Change
Advent International	42.61 mm	-11.15 mm	-20.7%
Driehaus Capital Management	1.86 mm	+1.19 mm	+179.3%
Vanguard	4.65 mm	+921.20 k	+24.7%
Millennium Management	914.22 k	+914.22 k	NEW
D. E. Shaw & Co.	826.87 k	+749.47 k	+968.3%
BLK Blackrock	4.24 mm	+698.91 k	+19.8%
MS Morgan Stanley	747.44 k	+665.67 k	+814.0%
Wellington Management	5.64 mm	-570.59 k	-9.2%
Two Sigma Investments	549.39 k	+514.19 k	+1460.8%
Two Sigma Advisers	451.30 k	+451.30 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SOVO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Sep 23	Todd R Lachman	Common Stock	Sell	Dispose S	Yes	Yes	22.5258	1,250	28.16 k	334,828
11 Sep 23	Todd R Lachman	Common Stock	Sell	Dispose S	No	Yes	22.5253	5,000	112.63 k	1,979,761
28 Aug 23	Todd R Lachman	Common Stock	Sell	Dispose S	Yes	Yes	22.5356	11,250	253.53 k	336,078
28 Aug 23	Todd R Lachman	Common Stock	Sell	Dispose S	No	Yes	22.5347	45,000	1.01 mm	1,984,761
14 Aug 23	Todd R Lachman	Common Stock	Sell	Dispose S	Yes	Yes	22.5474	11,250	253.66 k	347,328
14 Aug 23	Todd R Lachman	Common Stock	Sell	Dispose S	No	Yes	22.5482	45,000	1.01 mm	2,029,761
11 Aug 23	Todd R Lachman	Common Stock	Sell	Dispose S	Yes	Yes	22.5631	11,250	253.83 k	358,578
11 Aug 23	Todd R Lachman	Common Stock	Sell	Dispose S	No	Yes	22.5648	45,000	1.02 mm	2,074,761
17 Jul 23	Todd R Lachman	Common Stock	Sell	Dispose S	Yes	Yes	18.503	11,250	208.16 k	369,828
17 Jul 23	Todd R Lachman	Common Stock	Sell	Dispose S	No	Yes	18.5012	45,000	832.55 k	2,119,761