SONA ASSET MANAGEMENT (US) LLC
Follow13F filer, CIK 1856405, NEW YORK, NY
SONA ASSET MANAGEMENT (US) LLC reported $3,558,024,720 across 114 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 56.95% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000905148-25-002945
- Period
- 2025-06-30
- Reported value
- $3.56B
- Holdings
- 114
- Top 10 weight
- 56.95%
- New
- 58
- Sold out
- 45
Part of the filer group SONA ASSET MANAGEMENT (US) LLC
How groups are builtLargest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| IGSBnew | +2,535,000 | $134M |
| VCITadded | +700,000 | $58M |
| TXNMnew | +925,199 | $52.1M |
| SHIFT4 PMTS INCnew | +440,000 | $50.8M |
| APOLLO GLOBAL MGMT INCadded | +450,000 | $33.9M |
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 |
|---|---|---|
| DISCOVER FINL SVCSexited | -501,279 | -$85.6M |
| OMCexited | -557,198 | -$46.2M |
| NEEreduced | -700,000 | -$33.1M |
| H&E EQUIPMENT SERVICES INCexited | -320,849 | -$30.4M |
| ANSYS INCexited | -93,384 | -$29.6M |
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, Q2 2025
Share positions as resolved from 13F-HR 0000905148-25-002945, largest first. % of portfolio is the value over $2,957,784,784, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| LQDISHARES TR | 5,774,092 | $633M | 21.4% | -268,186 | Timeline | ||
| APOLLO GLOBAL MGMT INCAPOLLO GLOBAL MGMT INC | 2,100,000 | $158M | 5.34% | +450,000 | |||
| IGSBISHARES TR | 2,535,000 | $134M | 4.52% | new | Timeline | ||
| VCITVANGUARD SCOTTSDALE FDS | 1,250,000 | $104M | 3.5% | +700,000 | Timeline | ||
| HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C | 1,200,000 | $70.9M | 2.4% | -200,000 | |||
| IEFISHARES TR | 725,000 | $69.4M | 2.35% | -125,000 | Timeline | ||
| FYBRFRONTIER COMMUNICATIONS PARE | 1,442,638 | $52.5M | 1.78% | +515,601 | Timeline | ||
| TXNMTXNM ENERGY INC | 925,199 | $52.1M | 1.76% | new | Timeline | ||
| SHIFT4 PMTS INCSHIFT4 PMTS INC | 440,000 | $50.8M | 1.72% | new | |||
| COHENCIRCLEACQUISITIONCORCOHENCIRCLEACQUISITIONCOR | 1,859,033 | $20.4M | 0.69% | 0 | |||
| SKXSKECHERS U S A INC | 307,769 | $19.4M | 0.66% | new | Timeline | ||
| NEENEXTERA ENERGY INC | 350,000 | $15.5M | 0.52% | -200,000 | Timeline | ||
| CCJCAMECO CORP | 187,500 | $13.9M | 0.47% | +117,500 | Timeline | ||
| BLCOBAUSCH PLUS LOMB CORP | 1,020,750 | $13.3M | 0.45% | +614,483 | Timeline | ||
| CZRCAESARS ENTERTAINMENT INC NE | 430,000 | $12.2M | 0.41% | +305,000 | Timeline | ||
| WULFTERAWULF INC | 2,695,461 | $11.8M | 0.4% | new | Timeline | ||
| OPTUOPTIMUM COMMUNICATIONS INC | 4,752,841 | $10.2M | 0.34% | +352,841 | Timeline | ||
| IHSIHS HOLDING LIMITED | 1,802,674 | $10M | 0.34% | -300,000 | Timeline | ||
| MSFTMICROSOFT CORP | 20,000 | $9.95M | 0.34% | new | Timeline | ||
| NEENEXTERA ENERGY INC | 200,000 | $9.44M | 0.32% | -700,000 | Timeline | ||
| WBDWARNER BROS DISCOVERY INC | 774,700 | $8.88M | 0.3% | new | Timeline | ||
| NNNEXTNAV INC | 575,128 | $8.74M | 0.3% | +302,706 | Timeline | ||
| BABAALIBABA GROUP HLDG LTD | 74,186 | $8.41M | 0.28% | 0 | Timeline | ||
| NVDANVIDIA CORPORATION | 50,000 | $7.9M | 0.27% | new | Timeline | ||
| CORZCORE SCIENTIFIC INC NEW | 461,000 | $7.87M | 0.27% | new | Timeline | ||
| LITELUMENTUM HLDGS INC | 77,200 | $7.34M | 0.25% | new | Timeline | ||
| MIRMIRION TECHNOLOGIES INC | 314,000 | $6.76M | 0.23% | new | Timeline | ||
| UNITI GROUP INCUNITI GROUP INC | 1,537,350 | $6.64M | 0.22% | +716,802 | |||
| UNHUNITEDHEALTH GROUP INC | 20,000 | $6.24M | 0.21% | new | Timeline | ||
| URAGLOBAL X FDS | 150,000 | $5.82M | 0.2% | new | Timeline | ||
| VFCV F CORP | 472,626 | $5.55M | 0.19% | new | Timeline | ||
| GFRGREENFIRE RES LTD NEW | 1,157,749 | $5.16M | 0.17% | -241,106 | Timeline | ||
| STXSEAGATE TECHNOLOGY HLDNGS PL | 34,400 | $4.96M | 0.17% | new | Timeline | ||
| PLTRPALANTIR TECHNOLOGIES INC | 35,000 | $4.77M | 0.16% | new | Timeline | ||
| DLRDIGITAL RLTY TR INC | 27,200 | $4.74M | 0.16% | +9,600 | Timeline | ||
| INTCINTEL CORP | 193,000 | $4.32M | 0.15% | 0 | Timeline | ||
| DLTRDOLLAR TREE INC | 40,000 | $3.96M | 0.13% | new | Timeline | ||
| UUNITY SOFTWARE INC | 154,285 | $3.73M | 0.13% | new | Timeline | ||
| MUMICRON TECHNOLOGY INC | 30,000 | $3.7M | 0.13% | new | Timeline | ||
| EWZISHARES INC | 100,000 | $2.88M | 0.1% | new | Timeline | ||
| EWYISHARES INC | 37,000 | $2.66M | 0.09% | new | Timeline | ||
| DHID R HORTON INC | 20,000 | $2.58M | 0.09% | new | Timeline | ||
| HPEHEWLETT PACKARD ENTERPRISE C | 125,000 | $2.56M | 0.09% | new | Timeline | ||
| LENLENNAR CORP | 23,000 | $2.54M | 0.09% | new | Timeline | ||
| EWWISHARES INC | 40,000 | $2.42M | 0.08% | new | Timeline | ||
| EQTEQT CORP | 40,000 | $2.33M | 0.08% | -110,059 | Timeline | ||
| EYENATIONAL VISION HLDGS INC | 100,000 | $2.3M | 0.08% | new | Timeline | ||
| ARGTGLOBAL X FDS | 27,000 | $2.29M | 0.08% | -10,500 | Timeline | ||
| DGDOLLAR GEN CORP | 20,000 | $2.29M | 0.08% | new | Timeline | ||
| TACTRANSALTA CORP | 200,000 | $2.16M | 0.07% | 0 | Timeline | ||
| DDOGDATADOG INC | 15,990 | $2.15M | 0.07% | -510 | Timeline | ||
| AMCXAMC GLOBAL MEDIA INC | 323,975 | $2.03M | 0.07% | new | Timeline | ||
| ECECOPETROL S A | 200,000 | $1.77M | 0.06% | +100,000 | Timeline | ||
| RHRH | 5,400 | $1.02M | 0.03% | new | Timeline | ||
| TKRTIMKEN CO | 14,000 | $1.02M | 0.03% | new | Timeline | ||
| EHTHEHEALTH INC | 232,589 | $1.01M | 0.03% | -67,411 | Timeline | ||
| HTZWWHERTZ GLOBAL HLDGS INC | 200,000 | $730K | 0.02% | 0 | Timeline | ||
| VRMVROOM INC | 14,472 | $413K | 0.01% | -15,313 | Timeline | ||
| PSNPARSONS CORP DEL | 4,919 | $353K | 0.01% | new | Timeline | ||
| TDSTELEPHONE & DATA SYS INC | 9,398 | $334K | 0.01% | 0 | Timeline | ||
| THCHTH INTERNATIONAL LIMITED | 100,000 | $296K | 0.01% | 0 | Timeline | ||
| COHEN CIRCLE ACQUISIT…COHEN CIRCLE ACQUISITION … | 25,000 | $50K | <0.01% | 0 | |||
| FISCALNOTE HOLDINGS INCFISCALNOTE HOLDINGS INC | 150,000 | $14.9K | <0.01% | 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 | 2,124,000 | $171M | +124,000 |
| GLDSPDR GOLD TR GOLD SHS | put | 230,000 | $70.1M | new |
| QQQINVESCO QQQ TR COM | call | 111,700 | $61.6M | -288,300 |
| IEFISHARES TR 7-10 YR TRSY BD | put | 500,000 | $47.9M | new |
| TLTISHARES TR 20 YR TR BD ETF | put | 496,500 | $43.8M | -103,500 |
| TLTISHARES TR 20 YR TR BD ETF | call | 420,000 | $37.1M | -1,280,000 |
| GLDSPDR GOLD TR GOLD SHS | call | 100,000 | $30.5M | new |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 47,500 | $29.3M | new |
| ARKKARK ETF TR INNOVATION ETF | put | 375,000 | $26.4M | new |
| IWMISHARES TR SHS | put | 100,000 | $21.6M | new |
| AMEDISYS INCAMEDISYS INC COM | put | 200,000 | $19.7M | new |
| UNHUNITEDHEALTH GROUP INC COM | call | 35,000 | $10.9M | new |
| DCHDAUCH CORP COM | call | 2,076,700 | $8.47M | new |
| VVISA INC COM | put | 22,200 | $7.88M | new |
| SNPSSYNOPSYS INC Stock | call | 15,000 | $7.69M | new |
| KVUEKENVUE INC COM | call | 100,000 | $2.09M | new |
| TRIPTRIPADVISOR INC COM | call | 120,000 | $1.57M | 0 |
| CODICOMPASS DIVERSIFIED COMMON STOCK | put | 203,000 | $1.27M | new |
| AMCOR PLCAMCOR PLC ORD | call | 113,800 | $1.05M | 0 |
| FiscalNote Holdings IncFiscalNote Holdings Inc Common Stock | call | 100,000 | $53.6K | -100,000 |
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 |
|---|---|---|---|---|
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 105,301,000 | $134M | new |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 121,500,000 | $117M | -32,500,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 96,456,000 | $116M | +28,550,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 118,500,000 | $110M | new |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 106,000,000 | $105M | +58,000,000 |
| Shopify IncShopify Inc Convertible bond | principal | 73,107,000 | $74.2M | new |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 35,000,000 | $62.8M | new |
| NCL CORP LTDNCL CORP LTD NOTE 2.500% 2/1 | principal | 60,275,000 | $60.3M | +10,000,000 |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 60,246,000 | $60.2M | +6,346,000 |
| WAYFAIR INCWAYFAIR INC Convertible bond | principal | 39,350,000 | $53.1M | +14,000,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 44,500,000 | $45M | +27,500,000 |
| MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0 | principal | 40,000,000 | $45M | new |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 37,500,000 | $36.9M | new |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 38,500,000 | $36.2M | new |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 31,230,000 | $29.3M | +8,000,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 19,162,000 | $29.1M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 29,500,000 | $28.1M | new |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 30,400,000 | $27.3M | +15,400,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0 | principal | 23,000,000 | $26.7M | +5,500,000 |
| THE REALREAL INCTHE REALREAL INC DEBT 4.000% 2/1 | principal | 22,597,000 | $17.8M | +1,750,000 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 14,500,000 | $14.7M | 0 |
| CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1 | principal | 11,882,000 | $14.1M | new |
| Dropbox IncDropbox Inc Convertible bond | principal | 14,000,000 | $13.9M | -5,000,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 10,000,000 | $13.1M | -2,000,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 13,250,000 | $12.7M | 0 |
| TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 | principal | 9,000,000 | $11.1M | new |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 10,000,000 | $10.8M | new |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 9,000,000 | $10.7M | new |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 9,750,000 | $8.92M | +2,750,000 |
| WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1 | principal | 7,500,000 | $7.14M | +2,500,000 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 3.500% 3/0 | principal | 2,500,000 | $2.9M | new |
Sold out in Q2 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| PDD HOLDINGS INCPDD HOLDINGS INC | 88,335,000 | $87M | principal |
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 501,279 | $85.6M | shares |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 78,500,000 | $78.2M | principal |
| ZTO EXPRESS CAYMAN INCZTO EXPRESS CAYMAN INC | 71,500,000 | $71.9M | principal |
| CWBSPDR SERIES TRUST | 847,100 | $64.9M | put |
| UNITED STATES STL CORPUNITED STATES STL CORP | 17,635,000 | $55.9M | principal |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO | 51,534,000 | $51.5M | principal |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 55,363,000 | $51.1M | principal |
| ECHOSTAR CORPECHOSTAR CORP | 45,000,000 | $50.4M | principal |
| OMCOMNICOM GROUP INC | 557,198 | $46.2M | shares |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN | 27,500,000 | $33.2M | principal |
| H&E EQUIPMENT SERVICES INCH&E EQUIPMENT SERVICES INC | 320,849 | $30.4M | shares |
| ANSYS INCANSYS INC | 93,384 | $29.6M | shares |
| AZEK CO INCAZEK CO INC | 598,200 | $29.2M | shares |
| PARSONS CORP DELPARSONS CORP DEL | 25,000,000 | $25M | principal |
| QQQINVESCO QQQ TR | 50,000 | $23.4M | put |
| MR COOPER GROUP INCMR COOPER GROUP INC | 165,242 | $19.8M | shares |
| AMEDISYS INCAMEDISYS INC | 206,220 | $19.1M | shares |
| CONFLUENT INCCONFLUENT INC | 20,074,000 | $18.6M | principal |
| ALBEMARLE CORPALBEMARLE CORP | 450,000 | $16.3M | shares |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 375,000 | $15.8M | call |
| AALAMERICAN AIRLINES GROUP INC | 1,500,000 | $15.8M | shares |
| EVERI HLDGS INCEVERI HLDGS INC | 1,104,322 | $15.1M | shares |
| TRIUMPH GROUP INC NEWTRIUMPH GROUP INC NEW | 527,386 | $13.4M | shares |
| KWEBKRANESHARES TRUST | 350,000 | $12.2M | call |
| BTDRBITDEER TECHNOLOGIES GROUP | 1,202,648 | $10.6M | shares |
| TLTISHARES TR | 115,000 | $10.5M | shares |
| COFCAPITAL ONE FINL CORP | 50,000 | $8.96M | call |
| BABOEING CO | 50,000 | $8.53M | put |
| CPRICAPRI HOLDINGS LIMITED | 400,000 | $7.89M | call |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION | 7,000,000 | $7.07M | principal |
| SPRSPIRIT AEROSYSTEMS HLDGS INC | 152,348 | $5.25M | shares |
| WAYFAIR INCWAYFAIR INC | 5,000,000 | $4.92M | principal |
| NNNEXTNAV INC | 385,000 | $4.69M | call |
| NABORS INDS INCNABORS INDS INC | 6,105,000 | $4.14M | principal |
| BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC | 43,614 | $3.04M | shares |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC | 3,000,000 | $2.92M | principal |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC | 2,500,000 | $2.89M | principal |
| SCHNITZER STEEL INDUSTRIES …SCHNITZER STEEL INDUSTRIES INC | 100,000 | $2.89M | put |
| NVDANVIDIA CORPORATION | 25,000 | $2.71M | put |
| NETCLOUDFLARE INC | 17,600 | $1.98M | shares |
| SPRINGWORKS THERAPEUTICS INCSPRINGWORKS THERAPEUTICS INC | 27,500 | $1.21M | call |
| ALRMALARM COM HLDGS INC | 14,300 | $796K | shares |
| MIND MEDICINE MINDMED INCMIND MEDICINE MINDMED INC | 100,000 | $585K | call |
| VSHVISHAY INTERTECHNOLOGY INC | 32,300 | $514K | shares |
How Q2 2025 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 0000905148-25-002945 | base | 2025-08-14 | acceptance time not in the bulk data set |