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SONA ASSET MANAGEMENT (US) LLC

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13F filer, CIK 1856405, NEW YORK, NY

SONA ASSET MANAGEMENT (US) LLC reported $4,101,040,574 across 151 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 49.66% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000905148-25-004047

Period
2025-09-30
Reported value
$4.1B
Holdings
151
Top 10 weight
49.66%
New
83
Sold out
46

Part of the filer group SONA ASSET MANAGEMENT (US) LLC

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
EMBnew+1,469,000$140M
NSCnew+189,280$56.9M
TXNMadded+738,631$41.8M
GTLSnew+208,634$41.8M
EAnew+185,440$37.4M

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

SecurityShares changeApprox. value
LQDreduced-5,377,886-$599M
VCITexited-1,250,000-$104M
IGSBreduced-1,400,000-$74.2M
IEFexited-725,000-$69.4M
SHIFT4 PMTS INCexited-440,000-$50.8M

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, Q3 2025

Share positions as resolved from 13F-HR 0000905148-25-004047, largest first. % of portfolio is the value over $2,542,350,050, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
APOLLO GLOBAL MGMT INCAPOLLO GLOBAL MGMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 650,000 shares; 2024Q4: 650,000 shares; 2025Q1: 1,650,000 shares; 2025Q2: 2,100,000 shares; 2025Q3: 2,100,000 shares 2,100,000$148M5.82%0
EMBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,469,000 shares 1,469,000$140M5.5%newTimeline
TXNMTXNM ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 925,199 shares; 2025Q3: 1,663,830 shares 1,663,830$94.1M3.7%+738,631Timeline
IGSBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,535,000 shares; 2025Q3: 1,135,000 shares 1,135,000$60.2M2.37%-1,400,000Timeline
HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,400,000 shares; 2024Q4: 1,400,000 shares; 2025Q1: 1,400,000 shares; 2025Q2: 1,200,000 shares; 2025Q3: 850,000 shares 850,000$57.9M2.28%-350,000
NSCNORFOLK SOUTHN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 189,280 shares 189,280$56.9M2.24%newTimeline
LQDISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 6,042,278 shares; 2025Q2: 5,774,092 shares; 2025Q3: 396,206 shares 396,206$44.2M1.74%-5,377,886Timeline
GTLSCHART INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 208,634 shares 208,634$41.8M1.64%newTimeline
EAELECTRONIC ARTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 185,440 shares 185,440$37.4M1.47%newTimeline
KYIVKYIVSTAR GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,137,889 shares 2,137,889$26.7M1.05%newTimeline
ALBEMARLE CORPALBEMARLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,160,000 shares; 2024Q4: 1,160,000 shares; 2025Q1: 450,000 shares; 2025Q2: not reported; 2025Q3: 600,000 shares 600,000$23M0.91%new
BORRBORR DRILLING LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 6,386,470 shares 6,386,470$17.2M0.68%newTimeline
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 33,376 shares 33,376$16.1M0.63%new
BTDRBITDEER TECHNOLOGIES GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 689,200 shares; 2024Q4: not reported; 2025Q1: 1,202,648 shares; 2025Q2: not reported; 2025Q3: 774,003 shares 774,003$13.2M0.52%newTimeline
IHSIHS HOLDING LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,384,276 shares; 2024Q4: 3,384,276 shares; 2025Q1: 2,102,674 shares; 2025Q2: 1,802,674 shares; 2025Q3: 1,802,674 shares 1,802,674$12.3M0.48%0Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 20,000 shares; 2025Q3: 32,500 shares 32,500$11.2M0.44%+12,500Timeline
CCJCAMECO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 70,000 shares; 2024Q4: 70,000 shares; 2025Q1: 70,000 shares; 2025Q2: 187,500 shares; 2025Q3: 132,500 shares 132,500$11.1M0.44%-55,000Timeline
NEENEXTERA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,375,000 shares; 2024Q4: 1,375,000 shares; 2025Q1: 900,000 shares; 2025Q2: 200,000 shares; 2025Q3: 200,000 shares 200,000$10M0.39%0Timeline
CCCHEMOURS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 596,275 shares 596,275$9.44M0.37%newTimeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,000 shares; 2024Q4: 50,000 shares; 2025Q1: 74,186 shares; 2025Q2: 74,186 shares; 2025Q3: 47,186 shares 47,186$8.43M0.33%-27,000Timeline
NNNEXTNAV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,000 shares; 2024Q4: 32,354 shares; 2025Q1: 272,422 shares; 2025Q2: 575,128 shares; 2025Q3: 575,128 shares 575,128$8.22M0.32%0Timeline
URAGLOBAL X FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 150,000 shares; 2025Q3: 150,000 shares 150,000$7.15M0.28%0Timeline
UNITUNITI GROUP LLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,136,000 shares 1,136,000$6.95M0.27%newTimeline
TERTERADYNE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$6.88M0.27%newTimeline
BLCOBAUSCH PLUS LOMB CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 406,267 shares; 2025Q2: 1,020,750 shares; 2025Q3: 455,332 shares 455,332$6.86M0.27%-565,418Timeline
OPTUOPTIMUM COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,000,000 shares; 2024Q4: 3,900,000 shares; 2025Q1: 4,400,000 shares; 2025Q2: 4,752,841 shares; 2025Q3: 2,600,000 shares 2,600,000$6.27M0.25%-2,152,841Timeline
EWYISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 37,000 shares; 2025Q3: 74,000 shares 74,000$5.93M0.23%+37,000Timeline
GFRGREENFIRE RES LTD NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,585,801 shares; 2024Q4: 1,398,855 shares; 2025Q1: 1,398,855 shares; 2025Q2: 1,157,749 shares; 2025Q3: 1,157,749 shares 1,157,749$5.35M0.21%0Timeline
ASHRDBX ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 157,000 shares 157,000$5.18M0.2%newTimeline
FYBRFRONTIER COMMUNICATIONS PAREQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,474,887 shares; 2025Q1: 927,037 shares; 2025Q2: 1,442,638 shares; 2025Q3: 136,623 shares 136,623$5.1M0.2%-1,306,015Timeline
EWWISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 40,000 shares; 2025Q3: 74,000 shares 74,000$5.05M0.2%+34,000Timeline
EWJISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 61,500 shares 61,500$4.93M0.19%newTimeline
DCHDAUCH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 819,328 shares 819,328$4.92M0.19%newTimeline
DLRDIGITAL RLTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 25,900 shares; 2025Q1: 17,600 shares; 2025Q2: 27,200 shares; 2025Q3: 27,200 shares 27,200$4.7M0.18%0Timeline
VISNVISTANCE NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 700,000 shares; 2024Q4: 1,364,443 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 300,000 shares 300,000$4.64M0.18%newTimeline
ASMLASML HLDG NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 4,000 shares 4,000$3.87M0.15%newTimeline
DLTRDOLLAR TREE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 40,000 shares; 2025Q3: 40,000 shares 40,000$3.77M0.15%0Timeline
BKLNINVESCO EXCH TRADED FD TR IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 167,224 shares 167,224$3.5M0.14%newTimeline
CHTRCHARTER COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 12,500 shares 12,500$3.44M0.14%newTimeline
HTZHERTZ GLOBAL HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 500,000 shares 500,000$3.4M0.13%newTimeline
CZRCAESARS ENTERTAINMENT INC NEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 190,000 shares; 2024Q4: 250,000 shares; 2025Q1: 125,000 shares; 2025Q2: 430,000 shares; 2025Q3: 125,000 shares 125,000$3.38M0.13%-305,000Timeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 337,559 shares; 2024Q4: 337,559 shares; 2025Q1: 150,059 shares; 2025Q2: 40,000 shares; 2025Q3: 60,000 shares 60,000$3.27M0.13%+20,000Timeline
LTHLIFE TIME GROUP HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 115,000 shares 115,000$3.17M0.12%newTimeline
EWZISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 100,000 shares; 2025Q3: 100,000 shares 100,000$3.1M0.12%0Timeline
LITELUMENTUM HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 77,200 shares; 2025Q3: 19,000 shares 19,000$3.09M0.12%-58,200Timeline
PSFEPAYSAFE LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 239,188 shares 239,188$3.09M0.12%newTimeline
CCLCARNIVAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 106,100 shares 106,100$3.07M0.12%newTimeline
DMIIUDRUGS MADE IN AMER ACQ II COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 300,000 shares 300,000$2.98M0.12%newTimeline
EYENATIONAL VISION HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 100,000 shares; 2025Q3: 100,000 shares 100,000$2.92M0.11%0Timeline
TACTRANSALTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 200,000 shares; 2025Q2: 200,000 shares; 2025Q3: 200,000 shares 200,000$2.73M0.11%0Timeline
TICTIC SOLUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 200,000 shares 200,000$2.66M0.1%newTimeline
GRABGRAB HOLDINGS LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 433,200 shares 433,200$2.61M0.1%newTimeline
RIOTRIOT PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 125,000 shares 125,000$2.38M0.09%newTimeline
WLACWILLOW LANE ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 200,000 shares 200,000$2.32M0.09%newTimeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,394 shares 3,394$2.26M0.09%newTimeline
HIIHUNTINGTON INGALLS INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 7,500 shares 7,500$2.16M0.08%newTimeline
RHRHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,400 shares; 2025Q3: 10,400 shares 10,400$2.11M0.08%+5,000Timeline
DGDOLLAR GEN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 20,000 shares; 2025Q3: 20,000 shares 20,000$2.07M0.08%0Timeline
ECHOECHOSTAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,000 shares 25,000$1.91M0.08%newTimeline
ALNYALNYLAM PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 4,104 shares 4,104$1.87M0.07%newTimeline
ECECOPETROL S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 100,000 shares; 2025Q2: 200,000 shares; 2025Q3: 200,000 shares 200,000$1.84M0.07%0Timeline
DDOGDATADOG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 16,500 shares; 2025Q2: 15,990 shares; 2025Q3: 12,390 shares 12,390$1.76M0.07%-3,600Timeline
HUTHUT 8 CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 400,000 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$1.74M0.07%newTimeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 100,000 shares 100,000$1.64M0.06%new
EVACUEQV VENTURES AC CORP. IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 150,000 shares 150,000$1.5M0.06%newTimeline
TKRTIMKEN COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 14,000 shares; 2025Q3: 14,000 shares 14,000$1.05M0.04%0Timeline
BLZRUTRAILBLAZER ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 100,000 shares 100,000$1.02M0.04%newTimeline
INVZINNOVIZ TECHNOLOGIES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 500,000 shares 500,000$1.02M0.04%newTimeline
CEPFCANTOR EQUITY PARTNERS IV INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 100,000 shares 100,000$1.02M0.04%newTimeline
EHTHEHEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 446,717 shares; 2025Q1: 300,000 shares; 2025Q2: 232,589 shares; 2025Q3: 232,589 shares 232,589$1M0.04%0Timeline
AXONAXON ENTERPRISE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,250 shares 1,250$897K0.04%newTimeline
HTZWWHERTZ GLOBAL HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 200,000 shares; 2024Q4: 200,000 shares; 2025Q1: 200,000 shares; 2025Q2: 200,000 shares; 2025Q3: 200,000 shares 200,000$744K0.03%0Timeline
SOUNSOUNDHOUND AI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 39,000 shares 39,000$627K0.02%newTimeline
FCRSUFUTURECREST ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$530K0.02%newTimeline
HCM III ACQUISITION CORPHCM III ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$516K0.02%new
VRMVROOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 29,785 shares; 2025Q2: 14,472 shares; 2025Q3: 14,472 shares 14,472$391K0.02%0Timeline
ONON SEMICONDUCTOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 7,872 shares 7,872$388K0.02%newTimeline
TDSTELEPHONE & DATA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 9,398 shares; 2025Q2: 9,398 shares; 2025Q3: 9,398 shares 9,398$369K0.01%0Timeline
THCHTH INTERNATIONAL LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 100,000 shares; 2025Q2: 100,000 shares; 2025Q3: 100,000 shares 100,000$259K0.01%0Timeline
MBVIUM3-BRIGADE ACQUISITION VI COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,000 shares 25,000$253K0.01%newTimeline
HYGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,124 shares 2,124$172K0.01%newTimeline
IHRTIHEARTMEDIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 58,114 shares 58,114$167K0.01%newTimeline
KYIVWKYIVSTAR GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,000 shares 25,000$102K<0.01%newTimeline
FISCALNOTE HOLDINGS INCFISCALNOTE HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 150,000 shares; 2025Q2: 150,000 shares; 2025Q3: 150,000 shares 150,000$9.9K<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).

SecurityTypeAmountValueChange
TLTISHARES TR 20 YR TR BD ETFput2,980,000$266M+2,483,500
HYGISHARES TR IBOXX HI YD ETFput2,800,000$227M+676,000
LQDISHARES TR SHSput2,000,000$223Mnew
ARKKARK ETF TR INNOVATION ETFput1,410,000$122M+1,035,000
GLDSPDR GOLD TR GOLD SHSput300,000$107M+70,000
GLDSPDR GOLD TR GOLD SHScall250,000$88.9M+150,000
MTUMISHARES TR SHSput300,000$76.9Mnew
EWZISHARES INC MSCI BRAZIL ETFcall1,500,000$46.5Mnew
MUMICRON TECHNOLOGY INC COMcall250,000$41.8Mnew
EWYISHARES INC MSCI STH KOR ETFcall500,000$40Mnew
KWEBKRANESHARES TRUST CSI CHI INTERNETcall909,000$38.2Mnew
EEMISHARES TR MSCI EMG MKT ETFcall652,100$34.8Mnew
BTDRBITDEER TECHNOLOGIES GROUP Stockcall1,800,000$30.8Mnew
QQQINVESCO QQQ TR COMput45,000$27Mnew
MSTRSTRATEGY INC Stockput75,000$24.2Mnew
FXIISHARES TR CHINA LG-CAP ETFcall500,000$20.6Mnew
NVDANVIDIA CORPORATION COMput100,000$18.7Mnew
ECHOECHOSTAR CORP CL Acall160,000$12.2Mnew
GEOGEO GROUP INC COMcall550,000$11.3Mnew
TSLATESLA INC COMcall25,000$11.1Mnew
XHBSPDR SERIES TRUST SHScall100,000$11.1Mnew
TLTISHARES TR 20 YR TR BD ETFcall110,000$9.83M-310,000
DCHDAUCH CORP COMcall1,500,000$9.02M-576,700
TECKTECK RESOURCES LTD Stockcall200,000$8.78Mnew
VVISA INC COMput22,200$7.58M0
IBITISHARES BITCOIN TRUST ETF SHScall100,000$6.5Mnew
KVUEKENVUE INC COMcall350,000$5.68M+250,000
CORZCORE SCIENTIFIC INC NEW COMcall300,000$5.38Mnew
CIFRCIPHER DIGITAL INC Stockcall400,000$5.04Mnew
WBDWARNER BROS DISCOVERY INC Stockput250,000$4.88Mnew
GLNGGOLAR LNG LTD SHSput100,000$4.04Mnew
DUOLDUOLINGO INC Stockput12,500$4.02Mnew
INTCINTEL CORP COMcall100,000$3.35Mnew
ORCLORACLE CORP COMput10,000$2.81Mnew
SYMSYMBOTIC INC CLASS A COMcall17,500$943Knew
AMCOR PLCAMCOR PLC ORDcall113,800$931K0
CODICOMPASS DIVERSIFIED COMMON STOCKput100,200$663K-102,800
OUSTOUSTER INC Stockcall10,000$270Knew

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0principal151,801,000$279M+46,500,000
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1principal113,615,000$139M+17,159,000
FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1principal131,000,000$133M+25,000,000
JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1principal83,300,000$88.5M+38,800,000
TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1principal65,000,000$83.1Mnew
ETSY INCETSY INC NOTE 0.125%10/0principal77,722,000$81.2Mnew
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0principal83,575,000$77.4M-34,925,000
COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0principal52,500,000$58.3M+29,500,000
AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS Aprincipal58,250,000$57M-63,250,000
Shift4 Payments IncShift4 Payments Inc Convertible bondprincipal51,000,000$52.5Mnew
Shopify IncShopify Inc Convertible bondprincipal49,404,000$52M-23,703,000
COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0principal40,000,000$50.3Mnew
DEXCOM INCDEXCOM INC NOTE 0.375% 5/1principal44,500,000$40.6M+6,000,000
MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0principal40,500,000$39.3M+3,000,000
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1principal41,162,000$38.7M+11,662,000
H WORLD GROUP LTDH WORLD GROUP LTD Convertible bondprincipal30,000,000$33.5Mnew
BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertibleprincipal31,230,000$30.9M0
PEABODY ENGR CORPPEABODY ENGR CORP NOTE 3.250% 3/0principal18,750,000$28.2Mnew
TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1principal22,000,000$24.2M+13,000,000
DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNVprincipal25,400,000$22.9M-5,000,000
DROPBOX INCDROPBOX INC NOTE 3/0principal21,500,000$22.2M+7,000,000
THE REALREAL INCTHE REALREAL INC DEBT 4.000% 2/1principal15,097,000$19.5M-7,500,000
Dropbox IncDropbox Inc Convertible bondprincipal14,000,000$13.9M0
EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1principal13,250,000$12.7M0
WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1principal12,500,000$12.3M+5,000,000
UNITI GROUP LLCUNITI GROUP LLC COMprincipal9,500,000$10.4Mnew
CELCUITY INCCELCUITY INC NOTE 2.750% 8/0principal7,000,000$9.34Mnew
EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0principal9,750,000$9.07M0
VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1principal7,000,000$6.36Mnew

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
VCITVANGUARD SCOTTSDALE FDS1,250,000$104Mshares
IEFISHARES TR725,000$69.4Mshares
WESTERN DIGITAL CORPWESTERN DIGITAL CORP35,000,000$62.8Mprincipal
QQQINVESCO QQQ TR111,700$61.6Mcall
NCL CORP LTDNCL CORP LTD60,275,000$60.3Mprincipal
AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC60,246,000$60.2Mprincipal
WAYFAIR INCWAYFAIR INC39,350,000$53.1Mprincipal
SHIFT4 PMTS INCSHIFT4 PMTS INC440,000$50.8Mshares
IEFISHARES TR500,000$47.9Mput
MIDDLEBY CORPMIDDLEBY CORP40,000,000$45Mprincipal
SPYSTATE STR SPDR S&P 500 ETF T47,500$29.3Mput
SPOTIFY USA INCSPOTIFY USA INC19,162,000$29.1Mprincipal
IWMISHARES TR100,000$21.6Mput
COHENCIRCLEACQUISITIONCORCOHENCIRCLEACQUISITIONCOR1,859,033$20.4Mshares
AMEDISYS INCAMEDISYS INC200,000$19.7Mput
SKXSKECHERS U S A INC307,769$19.4Mshares
NEENEXTERA ENERGY INC350,000$15.5Mshares
CLOUDFLARE INCCLOUDFLARE INC11,882,000$14.1Mprincipal
FLUOR CORPFLUOR CORP10,000,000$13.1Mprincipal
WULFTERAWULF INC2,695,461$11.8Mshares
UNHUNITEDHEALTH GROUP INC35,000$10.9Mcall
CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC10,000,000$10.8Mprincipal
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP9,000,000$10.7Mprincipal
MSFTMICROSOFT CORP20,000$9.95Mshares
WBDWARNER BROS DISCOVERY INC774,700$8.88Mshares
NVDANVIDIA CORPORATION50,000$7.9Mshares
CORZCORE SCIENTIFIC INC NEW461,000$7.87Mshares
SNPSSYNOPSYS INC15,000$7.69Mcall
MIRMIRION TECHNOLOGIES INC314,000$6.76Mshares
UNITI GROUP INCUNITI GROUP INC1,537,350$6.64Mshares
VFCV F CORP472,626$5.55Mshares
STXSEAGATE TECHNOLOGY HLDNGS PL34,400$4.96Mshares
PLTRPALANTIR TECHNOLOGIES INC35,000$4.77Mshares
INTCINTEL CORP193,000$4.32Mshares
UUNITY SOFTWARE INC154,285$3.73Mshares
MUMICRON TECHNOLOGY INC30,000$3.7Mshares
PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP2,500,000$2.9Mprincipal
DHID R HORTON INC20,000$2.58Mshares
HPEHEWLETT PACKARD ENTERPRISE C125,000$2.56Mshares
LENLENNAR CORP23,000$2.54Mshares
ARGTGLOBAL X FDS27,000$2.29Mshares
AMCXAMC GLOBAL MEDIA INC323,975$2.03Mshares
TRIPTRIPADVISOR INC120,000$1.57Mcall
PSNPARSONS CORP DEL4,919$353Kshares
FiscalNote Holdings IncFiscalNote Holdings Inc100,000$53.6Kcall
COHEN CIRCLE ACQUISIT…COHEN CIRCLE ACQUISITION …25,000$50Kshares

How Q3 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000905148-25-004047 base2025-11-14acceptance time not in the bulk data set