SONA ASSET MANAGEMENT (US) LLC
Follow13F filer, CIK 1856405, NEW YORK, NY
SONA ASSET MANAGEMENT (US) LLC reported $2,537,994,958 across 93 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-14. Its ten largest share positions make up 45.31% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001856405-25-000002
- Period
- 2024-12-31
- Reported value
- $2.54B
- Holdings
- 93
- Top 10 weight
- 45.31%
- New
- 36
- Sold out
- 43
Part of the filer group SONA ASSET MANAGEMENT (US) LLC
How groups are builtLargest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| FYBRnew | +1,474,887 | $51.2M |
| Kadded | +565,839 | $45.8M |
| DISCOVER FINL SVCSnew | +250,286 | $43.4M |
| ARCADIUM LITHIUM PLCnew | +7,080,732 | $36.3M |
| JAAAnew | +600,000 | $30.4M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CATALENT INC USD 0.01exited | -503,575 | -$30.5M |
| APLDexited | -3,641,158 | -$30M |
| WULFreduced | -4,304,869 | -$24.4M |
| JUNIPER NETWORKS INCexited | -606,424 | -$23.6M |
| HASHICORP INCexited | -520,143 | -$17.6M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2024
Share positions as resolved from 13F-HR 0001856405-25-000002, largest first. % of portfolio is the value over $1,942,000,771, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C | 1,400,000 | $86.6M | 4.46% | 0 | |||
| NEENEXTERA ENERGY INC | 1,375,000 | $67.2M | 3.46% | 0 | Timeline | ||
| APOLLO GLOBAL MGMT INCAPOLLO GLOBAL MGMT INC | 650,000 | $56.7M | 2.92% | 0 | |||
| KKELLANOVA | 698,073 | $56.5M | 2.91% | +565,839 | Timeline | ||
| FYBRFRONTIER COMMUNICATIONS PARE | 1,474,887 | $51.2M | 2.64% | new | Timeline | ||
| ALBEMARLE CORPALBEMARLE CORP | 1,160,000 | $47.5M | 2.45% | 0 | |||
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 250,286 | $43.4M | 2.23% | new | |||
| ARCADIUM LITHIUM PLCARCADIUM LITHIUM PLC | 7,080,732 | $36.3M | 1.87% | new | |||
| JAAAJANUS DETROIT STR TR | 600,000 | $30.4M | 1.57% | new | Timeline | ||
| SUMMIT MATERIALS INC CLASS ASUMMIT MATERIALS INC CLASS A | 600,000 | $30.4M | 1.56% | new | |||
| ANSYS INCANSYS INC | 85,377 | $28.8M | 1.48% | +27,145 | |||
| NEENEXTERA ENERGY INC | 550,000 | $25.1M | 1.29% | new | Timeline | ||
| EQTEQT CORP | 337,559 | $15.6M | 0.8% | 0 | Timeline | ||
| BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC | 238,000 | $15.4M | 0.79% | new | |||
| EVERI HLDGS INCEVERI HLDGS INC | 804,322 | $10.9M | 0.56% | +341,693 | |||
| SPRSPIRIT AEROSYSTEMS HLDGS INC | 297,049 | $10.1M | 0.52% | new | Timeline | ||
| IHSIHS HOLDING LIMITED | 3,384,276 | $9.88M | 0.51% | 0 | Timeline | ||
| GFRGREENFIRE RES LTD NEW | 1,398,855 | $9.88M | 0.51% | -1,186,946 | Timeline | ||
| OPTUOPTIMUM COMMUNICATIONS INC | 3,900,000 | $9.4M | 0.48% | +900,000 | Timeline | ||
| ASPEN TECHNOLOGY INCASPEN TECHNOLOGY INC | 35,631 | $8.89M | 0.46% | new | |||
| INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS | 307,400 | $8.61M | 0.44% | new | |||
| CZRCAESARS ENTERTAINMENT INC NE | 250,000 | $8.36M | 0.43% | +60,000 | Timeline | ||
| ALEALLETE INC | 121,753 | $7.89M | 0.41% | +38,822 | Timeline | ||
| VISNVISTANCE NETWORKS INC | 1,364,443 | $7.11M | 0.37% | +664,443 | Timeline | ||
| UNITI GROUP INCUNITI GROUP INC | 1,200,000 | $6.6M | 0.34% | +600,000 | |||
| DLRDIGITAL RLTY TR INC | 25,900 | $4.59M | 0.24% | new | Timeline | ||
| FXIISHARES TR | 150,000 | $4.57M | 0.24% | 0 | Timeline | ||
| BABAALIBABA GROUP HLDG LTD | 50,000 | $4.24M | 0.22% | 0 | Timeline | ||
| EHTHEHEALTH INC | 446,717 | $4.2M | 0.22% | new | Timeline | ||
| CCJCAMECO CORP | 70,000 | $3.6M | 0.19% | 0 | Timeline | ||
| SLQTSELECTQUOTE INC | 765,191 | $2.85M | 0.15% | new | Timeline | ||
| WULFTERAWULF INC | 500,000 | $2.83M | 0.15% | -4,304,869 | Timeline | ||
| ARGTGLOBAL X FDS | 25,000 | $2.07M | 0.11% | new | Timeline | ||
| NBISNEBIUS GROUP N.V. | 40,000 | $1.11M | 0.06% | new | Timeline | ||
| ALRMALARM COM HLDGS INC | 17,200 | $1.05M | 0.05% | 0 | Timeline | ||
| EXPEEXPEDIA GROUP INC | 4,200 | $783K | 0.04% | new | Timeline | ||
| ModivCare IncModivCare Inc | 65,000 | $770K | 0.04% | new | |||
| VSHVISHAY INTERTECHNOLOGY INC | 32,300 | $547K | 0.03% | new | Timeline | ||
| NNNEXTNAV INC | 32,354 | $503K | 0.03% | +2,354 | Timeline | ||
| HTZWWHERTZ GLOBAL HLDGS INC | 200,000 | $430K | 0.02% | 0 | Timeline | ||
| TH INTERNATIONAL LIMITEDTH INTERNATIONAL LIMITED | 500,000 | $355K | 0.02% | 0 |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| HYGISHARES TR IBOXX HI YD ETF | put | 3,150,000 | $248M | -1,250,000 |
| TLTISHARES TR 20 YR TR BD ETF | put | 1,500,000 | $131M | new |
| ACIALBERTSONS COMPANIES INC Stock | call | 2,125,000 | $41.7M | +250,000 |
| IBITISHARES BITCOIN TRUST ETF SHS | put | 750,000 | $39.8M | new |
| EEMISHARES TR MSCI EMG MKT ETF | call | 608,600 | $25.5M | new |
| BACBANK OF AMER CORP COM | put | 500,000 | $22M | 0 |
| TLTISHARES TR 20 YR TR BD ETF | call | 200,000 | $17.5M | new |
| INTCINTEL CORP COM | call | 850,000 | $17M | new |
| NVDANVIDIA CORPORATION COM | put | 97,500 | $13.1M | -2,500 |
| FXIISHARES TR CHINA LG-CAP ETF | call | 275,000 | $8.37M | -925,000 |
| CAVACAVA GROUP INC STOK | put | 60,000 | $6.77M | 0 |
| CPRICAPRI HOLDINGS LIMITED SHS | call | 230,900 | $4.86M | -825,700 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | call | 125,000 | $4.25M | 0 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | call | 45,000 | $3.82M | 0 |
| MSTRSTRATEGY INC Stock | put | 13,100 | $3.79M | new |
| CNXCCONCENTRIX CORP COM | call | 62,500 | $2.7M | new |
| VALEVALE S A SPONSORED ADS | call | 250,000 | $2.22M | 0 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 50,000 | $1.7M | new |
| NNNEXTNAV INC COMMON STOCK | call | 100,000 | $1.56M | new |
| ARCADIUM LITHIUM PLCARCADIUM LITHIUM PLC COM SHS | put | 129,300 | $663K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| ROYAL CARIBBEAN GROUPROYAL CARIBBEAN GROUP NOTE 6.000% 8/1 | principal | 47,057,000 | $218M | -10,000,000 |
| SEA LTDSEA LTD NOTE 2.375%12/0 | principal | 85,000,000 | $108M | 0 |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 76,900,000 | $90M | +36,400,000 |
| PDD HOLDINGS INCPDD HOLDINGS INC NOTE 12/0 | principal | 84,835,000 | $81.3M | -27,300,000 |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO NOTE 1.250% 5/0 | principal | 59,534,000 | $61.4M | -1,500,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 60,500,000 | $54.3M | +27,500,000 |
| NCL CORP LTDNCL CORP LTD NOTE 2.500% 2/1 | principal | 51,275,000 | $54M | -32,000,000 |
| WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1 | principal | 54,230,000 | $50.3M | -23,500,000 |
| BLOCK INCBLOCK INC NOTE 0.125% 3/0 | principal | 50,286,000 | $50M | new |
| UNITED STATES STL CORPUNITED STATES STL CORP NOTE 5.000%11/0 | principal | 17,635,000 | $45.3M | 0 |
| ZTO EXPRESS CAYMAN INCZTO EXPRESS CAYMAN INC NOTE 1.500% 9/0 | principal | 43,500,000 | $43.2M | new |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 43,500,000 | $42.1M | -6,500,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 | principal | 37,500,000 | $39.8M | new |
| BITDEER TECHNOLOGIES GROUPBITDEER TECHNOLOGIES GROUP Fixed Income | principal | 12,335,000 | $33.4M | -14,000,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 32,914,000 | $33.3M | new |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 25,000,000 | $25.4M | +500,000 |
| THE REALREAL INCTHE REALREAL INC CNV | principal | 32,058,000 | $24.6M | +3,858,000 |
| TECHTARGET INCTECHTARGET INC NOTE 12/1 | principal | 22,000,000 | $21.9M | 0 |
| WAYFAIR INCWAYFAIR INC Convertible bond | principal | 17,000,000 | $21.2M | +2,000,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 15,096,000 | $15M | -7,000,000 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 15,230,000 | $13.1M | +5,000,000 |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 15,000,000 | $12.8M | 0 |
| PEABODY ENGR CORPPEABODY ENGR CORP NOTE 3.250% 3/0 | principal | 10,000,000 | $12.7M | new |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 12,250,000 | $10.8M | +4,000,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 11,250,000 | $10.4M | 0 |
| WOLFSPEED INCWOLFSPEED INC NOTE 1.750% 5/0 | principal | 10,000,000 | $8.86M | +4,000,000 |
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 8,000,000 | $8.5M | new |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 8,000,000 | $8.17M | -19,500,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 7,000,000 | $7.11M | new |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION BOND | principal | 5,000,000 | $5.41M | 0 |
| NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1 | principal | 6,105,000 | $4.43M | 0 |
| SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0 | principal | 3,500,000 | $3.79M | new |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IEFISHARES TR | 6,750,000 | $662M | call |
| LQDISHARES TR | 4,500,000 | $508M | put |
| SPYSTATE STR SPDR S&P 500 ETF T | 752,500 | $432M | put |
| IWMISHARES TR | 725,000 | $160M | put |
| KWEBKRANESHARES TRUST | 1,700,000 | $57.8M | put |
| Shopify IncShopify Inc | 44,500,000 | $42.9M | principal |
| USOUNITED STS OIL FD LP | 600,000 | $42M | put |
| Shift4 Payments IncShift4 Payments Inc | 34,280,000 | $41.8M | principal |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 45,000,000 | $39M | principal |
| FXIISHARES TR | 1,100,000 | $35M | put |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. | 34,082,000 | $33.9M | principal |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 29,000,000 | $33.6M | principal |
| CATALENT INC USD 0.01CATALENT INC USD 0.01 | 503,575 | $30.5M | shares |
| APLDAPPLIED DIGITAL CORP | 3,641,158 | $30M | shares |
| SEA LTDSEA LTD | 30,000,000 | $27.1M | principal |
| NCL CORP LTDNCL CORP LTD | 21,672,000 | $26.8M | principal |
| IQIYI INCIQIYI INC | 26,000,000 | $24.7M | principal |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 606,424 | $23.6M | shares |
| XBISPDR SERIES TRUST | 222,200 | $22M | call |
| EXACT SCIENCES CORPEXACT SCIENCES CORP | 21,018,000 | $21.9M | principal |
| BTDRBITDEER TECHNOLOGIES GROUP | 2,310,000 | $18.1M | call |
| HASHICORP INCHASHICORP INC | 520,143 | $17.6M | shares |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN | 14,000,000 | $15.2M | principal |
| WAYFAIR INCWAYFAIR INC | 12,269,000 | $11.8M | principal |
| INSMED INCINSMED INC | 5,000,000 | $11.5M | principal |
| ZILLOW GROUP INCZILLOW GROUP INC | 8,000,000 | $8.96M | principal |
| Dropbox IncDropbox Inc | 7,617,000 | $7.39M | principal |
| CORZCORE SCIENTIFIC INC NEW | 550,000 | $6.52M | shares |
| NUVEI CORPORATIONNUVEI CORPORATION | 164,805 | $5.5M | shares |
| BTDRBITDEER TECHNOLOGIES GROUP | 689,200 | $5.4M | shares |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC | 4,500,000 | $5.37M | principal |
| SNPSSYNOPSYS INC | 10,000 | $5.06M | call |
| HUTHUT 8 CORP | 400,000 | $4.9M | shares |
| CPRICAPRI HOLDINGS LIMITED | 115,000 | $4.88M | put |
| JBTMJBT MAREL CORPORATION | 30,000 | $2.96M | call |
| FLRFLUOR CORP | 56,642 | $2.7M | shares |
| VSTSVESTIS CORPORATION | 100,000 | $1.49M | call |
| VROOM INCVROOM INC | 2,000,000 | $1.07M | principal |
| PGYPAGAYA TECHNOLOGIES LTD | 100,000 | $1.06M | shares |
| ANIPANI PHARMACEUTICALS INC | 13,700 | $817K | shares |
| BMRNBIOMARIN PHARMACEUTICAL INC | 4,400 | $309K | shares |
| WGSWWGENEDX HOLDINGS CORP | 51,582 | $3.86K | shares |
| PRENWPRENETICS GLOBAL LTD | 186,538 | $2.01K | shares |
How Q4 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001856405-25-000002 | base | 2025-02-14 | acceptance time not in the bulk data set |