SONA ASSET MANAGEMENT (US) LLC

Registered adviser

CIK

1856405

Location

NEW YORK, NY

Portfolio Value

Mid $4,078,562,579

Diversification

Diversified

Reports for

SONA ASSET MANAGEMENT (UK) LLP

Filing Date

Global Rank

#1,014 / 8,817 ▼ 70

Top Industry

Shell Companies 27.8%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

19 quarters · since Dec 2021

Regulatory profile

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

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 291738

Roster of Oct 1, 2026

Regulatory AUM

$33,488,793,242

Main clients

Pooled investment vehicles (91% of AUM)

Private funds

5 funds · Other private funds

Focus by fund count, roster of Oct 1, 2026

$29,360,403,000 gross assets

LEI

549300MSBCCFZD8JDQ76

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$10,067,005,127 gross assets in 2 funds Hedge funds $10,067,005,127 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$33,488,793,242	Pooled investment vehicles (91%)
Apr 2025 to Mar 2026	$22,621,612,724	Pooled investment vehicles (92%)
Apr 2024 to Mar 2025	$12,839,554,538	Pooled investment vehicles (89%)
May 2023 to Mar 2024	$8,491,760,095	Pooled investment vehicles (99%)
Apr 2023	$8,491,760,095	Pooled investment vehicles (99%)
Apr 2022 to Mar 2023	$5,262,660,710	Pooled investment vehicles (100%)

3 earlier changes not shown.

Stated strategy

Fundamental active, Fixed income / rates, Multi-asset, Long/short hedge Form ADV Part 2A, Jul 9, 2026 · original

In the firm's words

Fundamental active: Each trade in the Clients’ portfolios will be driven by varying degrees of fundamental credit, technical and relative value analyses.
Fixed income / rates: The Clients have maximum flexibility to invest in a wide range of instruments including, but not limited to, debt securities and obligations (which may be below investment grade and rated or unrated), listed and unlisted equities, currencies/foreign exchange, commodities, interest rate products, futures, options, warrants, swaps, contracts for differences and other derivative instruments.
Multi-asset: The Clients have maximum flexibility to invest in a wide range of instruments including, but not limited to, debt securities and obligations (which may be below investment grade and rated or unrated), listed and unlisted equities, currencies/foreign exchange, commodities, interest rate products, futures, options, warrants, swaps, contracts for differences and other derivative instruments.
Long/short hedge: The Clients may engage in short sales.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 45.6%, 32.7 effective positions, active share 88.5% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

175.2% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.2 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 88.5%; sector active share 47.1% against the combined 13F book's sector weights.

Over time 19 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.

View clone backtest

Portfolio Concentration

378 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

28.3%

−4.7 pts

Top 5

50.6%

−9.4 pts

Top 10

61.1%

−12.3 pts

HHI

975

Diversified−372

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	42.5%	$1,734,790,372	25
Communication Services	21.6%	$881,643,090	18
Financial Services	20.5%	$837,509,024	255
Technology	8.8%	$358,687,126	35
Utilities	1.3%	$54,613,336	4
Healthcare	1.1%	$43,880,759	8
Industrials	1.0%	$42,646,872	7
Energy	0.9%	$37,603,063	7
Real Estate	0.9%	$37,085,850	5
Consumer Cyclical	0.8%	$32,135,272	7
Basic Materials	0.3%	$13,959,215	6
Consumer Defensive	0.1%	$4,008,600	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
IHRT	iHeartMedia, Inc.	+2,234,856	4,109,524	$17,629,857
SHAZ	SharonAI Holdings Inc.	+649,362	749,362	$63,440,986
—		+553,789	900,000	$9,287,999
HTZ	Hertz Global Holdings, Inc	+550,000	1,106,956	$2,507,254
GIXXR	GigCapital9 Corp.	+550,000	900,000	$0
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	+528,515	536,466	$51,736,781
ECHO	EchoStar CORP	+420,870	2,287,240	$232,154,860
AIIA	AI Infrastructure Acquisition Corp.	+346,172	500,000	$5,114,999
NSTR	NorthStar Earth & Space Enterprises, Inc.	+300,000	428,614	$4,380,434
BTDR	Bitdeer Technologies Group	+261,976	1,410,000	$22,376,700
CUB	Lionheart Holdings	+259,302	400,000	$4,307,999
DMIIR	Drugs Made In America Acquisition II Corp.	+250,000	550,000	$0
AXIN	Axiom Intelligence Acquisition Corp 1	+200,351	650,000	$6,720,999
CHTR	Charter Communications, Inc.	+171,029	181,029	$25,744,133
SVAQ	Silicon Valley Acquisition Corp.	+148,609	441,739	$4,457,146
QMCO	Quantum Corp	+79,908	150,000	$1,650,000
KTWOR	K2 Capital Acquisition Corp	+75,000	452,226	$0
PBR	Petrobras - Petroleo Brasileiro SA	+60,000	120,000	$1,939,200
NN	Nextnav Inc.	+48,236	569,713	$10,157,982
CIFR	Cipher Digital Inc.	+12,000	232,000	$5,684,000
P	Everpure, Inc.	+10,000	35,000	$2,757,650
SVIV	Spring Valley Acquisition Corp. IV	+6,018	506,018	$5,151,263
BEAG	Bold Eagle Acquisition Corp.	+5,375	99,164	$1,059,071
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
AES	Aes Corp	−7,739,260	3,319,005	$48,656,613
KYIV	Kyivstar Group Ltd.	−1,535,348	4,014,331	$64,911,731
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	−1,222,340	32,114	$1,683,094
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	−904,656	209,432	$22,842,748
IHS	IHS Holding Ltd	−776,337	125,000	$1,030,000
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	−690,859	10,885	$899,645
WBD	Warner Bros. Discovery, Inc.	−441,051	5,495,158	$146,500,912
WULF	Terawulf Inc.	−381,000	150,000	$3,705,000
SLAB	Silicon Laboratories Inc.	−165,000	10,059	$2,198,495
RIOT	Riot Platforms, Inc.	−97,170	224,830	$6,155,844
—		−93,696	198,304	$2,159,529
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	−75,855	12,363	$988,669
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	−74,446	9,504	$915,900
AEVA	Aeva Technologies, Inc.	−65,000	10,000	$287,200
HUT	Hut 8 Corp.	−46,400	45,000	$5,195,025
NSC	Norfolk Southern Corp	−39,083	30,000	$9,437,700
SAAQW	Space Asset Acquisition Corp.	−20,256	113,076	$0
SVIVW	Spring Valley Acquisition Corp. IV	−16,388	108,612	$0
BE	Bloom Energy Corp	−10,375	14,925	$4,517,797
SNDK	Sandisk Corp	−7,500	2,500	$5,684,325
EWW	iShares MSCI Mexico ETF	−6,935	67,065	$5,047,982
INVZ	Innoviz Technologies Ltd.	−3,450	496,550	$377,873
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
RSP	Victory Portfolios II	648,262	$137,930,705
GOOGN	Alphabet Inc.	1,245,000	$62,623,500
GOOGM	Alphabet Inc.	850,000	$43,256,500
RKT	Rocket Companies, Inc.	2,575,000	$40,556,250
SMCIP	Super Micro Computer, Inc.	750,000	$38,970,000
BORR	Borr Drilling Ltd	6,050,000	$24,986,500
VSAT	Viasat Inc	272,241	$24,449,963
SVC	Service Properties Trust	13,100,000	$22,139,000
CCC	CCC Intelligent Solutions Holdings Inc.	3,182,847	$16,423,489
MANU	Manchester United plc	681,402	$15,624,547
GOOGL	Alphabet Inc.	43,520	$15,552,742
AMC	Amc Entertainment Holdings, Inc.	7,306,759	$13,882,841
RREVU	RRE Ventures Acquisition Corp.	1,200,000	$12,036,000
DCH	Dauch Corp	1,999,257	$10,835,972
GDS	GDS Holdings Ltd	343,300	$10,309,298
IACQ	Irenic Acquisition Corp.	1,000,000	$9,990,000
ACAA	Averin Capital Acquisition Corp.	1,000,000	$9,960,000
CMCSA	Comcast Corp	400,000	$9,820,000
ROKU	Roku, Inc	70,000	$9,669,800
CAQ	Cambridge Acquisition Corp.	950,000	$9,414,500
DLR	Digital Realty Trust, Inc.	50,000	$8,979,000
ILLU	Illumination Acquisition Corp. I	900,000	$8,910,000
KEYY	Keystone Acquisition Corp.	900,000	$8,874,000
RVMD	Revolution Medicines, Inc.	46,450	$8,699,155
OHAC	Oceanhawk Acquisition Corp.	850,000	$8,415,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SPLB	State Street(R) SPDR(R) Portfolio Long Term Corporate Bond ETF	2,345,000	$52,105,900
ACAAU	Averin Capital Acquisition Corp.	1,000,000	$10,000,000
OBDC	Blue Owl Capital Corp	886,000	$9,799,159
CAQUU	Cambridge Acquisition Corp.	950,000	$9,462,000
ILLUU	Illumination Acquisition Corp. I	900,000	$8,928,000
—		90,046	$6,969,560
TONT	Graf Global Corp.	600,000	$6,426,000
IACOU	Idea Acquisition Corp.	500,000	$4,955,000
TMTSU	Spartacus Acquisition Corp. II	400,000	$4,016,000
GSAT	Globalstar, Inc.	60,000	$3,985,200
BABA	Alibaba Group Holding Ltd	31,186	$3,912,595
SSACU	SPACSphere Acquisition Corp.	350,000	$3,524,500
CORZ	Core Scientific, Inc.	220,000	$3,291,200
WLIIU	Willow Lane Acquisition Corp. II	300,000	$3,030,000
HACQU	HCM IV Acquisition Corp.	300,000	$3,009,000
SNPS	Synopsys Inc	7,500	$2,973,600
ECH	iShares MSCI Chile ETF	70,500	$2,803,079
NLY	Annaly Capital Management Inc	130,000	$2,749,500
LIT	Global X Lithium and Battery Tech ETF	31,000	$2,304,849
GPAT	GP-Act III Acquisition Corp.	200,000	$2,168,000
AXON	Axon Enterprise, Inc.	5,000	$2,123,450
LITE	Lumentum Holdings Inc.	3,000	$2,108,280
GLW	Corning Inc	15,000	$2,039,549
CCXI	Churchill Capital Corp XI	200,000	$2,032,000
MARA	MARA Holdings, Inc.	230,000	$1,876,800
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

378 tracked positions · $4,078,562,579 total · filing declares 691 positions · $4,764,925,925 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 378 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
TLT	iShares 20+ Year Treasury Bond ETF CALL	Reduced	7,761,400	-2,420,000	$670,740,188	−24.0%	—	—	16.45%
ECHO	EchoStar CORP CALL + SHARES Communication Services	Reduced	2,784,340	-179,130	$282,610,510	−18.5%	4	$111.30	6.93%
WBD	Warner Bros. Discovery, Inc. PUT CALL + SHARES Communication Services	Added	10,367,058	+4,430,849	$276,385,766	+69.6%	3	$27.22	6.78%
SMH	VanEck Semiconductor ETF PUT	Added	320,000	+270,000	$209,884,800	+994.9%	—	—	5.15%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF PUT + SHARES	Added	2,262,363	+1,549,145	$180,921,169	+218.8%	4	unpriced	4.44%
RSP	Victory Portfolios II	Reduced	648,262	-121,738	$137,930,705	−6.7%	1	$204.64	3.38%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF PUT + SHARES	Reduced	1,209,432	-323,756	$131,912,748	−21.1%	6	unpriced	3.23%
IWM	iShares Russell 2000 ETF PUT CALL	Added	377,700	+277,700	$113,479,965	+357.6%	—	—	2.78%
BKLN	Invesco Ltd. PUT Financial Services	Reduced	4,250,000	-3,500,000	$86,572,500	−45.3%	—	—	2.12%
EWZ	iShares MSCI Brazil ETF CALL	Reduced	2,147,200	-2,062,800	$74,078,400	−54.2%	—	—	1.82%
KYIV	Kyivstar Group Ltd. Communication Services	Reduced	4,014,331	-1,535,348	$64,911,731	+15.6%	4	$12.07	1.59%
SHAZ	SharonAI Holdings Inc. Technology	Added	749,362	+649,362	$63,440,986	+2691.1%	2	$52.11	1.56%
GOOGN	Alphabet Inc. Communication Services	NEW	1,245,000	NEW	$62,623,500	NEW	1	unpriced	1.54%
CRWV	CoreWeave, Inc. PUT Technology	NEW	600,000	NEW	$59,724,000	NEW	—	—	1.46%
	CALL	Added	2,219,500	+2,119,500	$54,311,165	+1810.3%	—	—	1.33%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL	Reduced	73,500	-61,500	$54,125,400	−30.5%	—	—	1.33%
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	Added	536,466	+528,515	$51,736,781	+6827.5%	2	unpriced	1.27%
AES	Aes Corp Utilities	Reduced	3,319,005	-7,739,260	$48,656,613	−68.8%	2	$14.89	1.19%
GOOGM	Alphabet Inc. Communication Services	NEW	850,000	NEW	$43,256,500	NEW	1	unpriced	1.06%
BTDR	Bitdeer Technologies Group CALL + SHARES Technology	Added	2,560,000	+1,011,976	$40,627,200	+203.4%	4	$12.16	1.00%
RKT	Rocket Companies, Inc. Financial Services	Added	2,575,000	+2,325,000	$40,556,250	+1038.4%	1	$14.42	0.99%
SMCIP	Super Micro Computer, Inc. Technology	NEW	750,000	NEW	$38,970,000	NEW	1	unpriced	0.96%
BACC	Blue Acquisition Corp Financial Services	Held	3,342,359	0	$35,429,005	+3.8%	3	$10.18	0.87%
IREN	IREN Ltd PUT + SHARES Financial Services	Added	675,000	+450,000	$30,867,750	+300.2%	2	$45.15	0.76%
NBIS	Nebius Group N.V. PUT Communication Services	NEW	100,000	NEW	$27,617,000	NEW	—	—	0.68%
CHTR	Charter Communications, Inc. Communication Services	Added	181,029	+171,029	$25,744,133	+1092.5%	4	$174.05	0.63%
BORR	Borr Drilling Ltd Energy	NEW	6,050,000	NEW	$24,986,500	NEW	1	$5.40	0.61%
VSAT	Viasat Inc Technology	NEW	272,241	NEW	$24,449,963	NEW	1	$66.21	0.60%
SVC	Service Properties Trust Real Estate	NEW	13,100,000	NEW	$22,139,000	NEW	1	$1.57	0.54%
SORN	Soren Acquisition Corp. Financial Services	Held	1,850,000	0	$18,352,000	+0.4%	2	unpriced	0.45%
IHRT	iHeartMedia, Inc. Communication Services	Added	4,109,524	+2,234,856	$17,629,857	+222.1%	4	$4.07	0.43%
NN	Nextnav Inc. CALL + SHARES Technology	Added	969,713	+448,236	$17,289,982	+107.0%	8	$13.84	0.42%
SPCX	Space Exploration Technologies Corp PUT Industrials	NEW	100,000	NEW	$17,086,000	NEW	—	—	0.42%
ZKP	Lafayette Digital Acquisition Corp. I Financial Services	Held	1,675,000	0	$16,699,750	+1.1%	2	$9.88	0.41%
CCC	CCC Intelligent Solutions Holdings Inc. Technology	NEW	3,182,847	NEW	$16,423,489	NEW	1	$4.95	0.40%
DCH	Dauch Corp CALL + SHARES Consumer Cyclical	Added	2,999,257	+1,999,257	$16,255,972	+174.1%	1	$6.08	0.40%
MANU	Manchester United plc Communication Services	NEW	681,402	NEW	$15,624,547	NEW	1	$19.80	0.38%
GOOGL	Alphabet Inc. Communication Services	NEW	43,520	NEW	$15,552,742	NEW	1	$359.97	0.38%
EWT	iShares MSCI Taiwan ETF PUT	NEW	129,600	NEW	$14,075,856	NEW	—	—	0.35%
AMC	Amc Entertainment Holdings, Inc. Communication Services	NEW	7,306,759	NEW	$13,882,841	NEW	1	$1.72	0.34%
RREVU	RRE Ventures Acquisition Corp. Financial Services	NEW	1,200,000	NEW	$12,036,000	NEW	1	$10.00	0.30%
GDS	GDS Holdings Ltd Technology	NEW	343,300	NEW	$10,309,298	NEW	1	$38.60	0.25%
FVAV	Fortress Value Acquisition Corp. V Financial Services	Held	1,000,000	0	$10,110,000	+0.8%	2	$10.04	0.25%
IACQ	Irenic Acquisition Corp. Financial Services	NEW	1,000,000	NEW	$9,990,000	NEW	1	unpriced	0.24%
ACAA	Averin Capital Acquisition Corp. Financial Services	NEW	1,000,000	NEW	$9,960,000	NEW	1	$9.94	0.24%
MLAA	Mountain Lake Acquisition Corp. II Financial Services	Held	1,000,000	0	$9,930,000	+0.8%	2	unpriced	0.24%
CMCSA	Comcast Corp Communication Services	NEW	400,000	NEW	$9,820,000	NEW	1	$25.81	0.24%
ROKU	Roku, Inc Communication Services	NEW	70,000	NEW	$9,669,800	NEW	1	$121.99	0.24%
NSC	Norfolk Southern Corp Industrials	Reduced	30,000	-39,083	$9,437,700	−52.4%	4	$284.35	0.23%
CAQ	Cambridge Acquisition Corp. Financial Services	NEW	950,000	NEW	$9,414,500	NEW	1	$9.87	0.23%

Showing the top 50 of 378 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.