SONA ASSET MANAGEMENT (US) LLC
Filing Date
Global Rank
#1,350
/ 8,586
▲ 98
Top Industry
Shell Companies
29.5%
3Y Alpha vs SPY
-10.6%
Period ended 3 months ago
Filed May 15, 2026 · 32d
18 quarters · since Dec 2021
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+35.4%
SPY
+78.1%
Annualised alpha
-10.6%
Max drawdown
−39.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
206 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
21.3%
−1.6 pts
Top 5
49.2%
−9.0 pts
Top 10
58.2%
−18.6 pts
HHI
714
Diversified−228
Portfolio Trend
18 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 35.6% | $579,102,891 |
| Financial Services | 30.2% | $490,702,104 |
| Utilities | 9.6% | $156,552,888 |
| Unclassified | 9.0% | $145,975,458 |
| Technology | 8.8% | $142,939,471 |
| Energy | 2.2% | $35,139,389 |
| Industrials | 1.9% | $30,359,482 |
| Consumer Cyclical | 0.9% | $14,351,070 |
| Healthcare | 0.7% | $11,970,481 |
| Real Estate | 0.7% | $11,170,503 |
| Basic Materials | 0.5% | $8,875,444 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
14 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WBD | Warner Bros. Discovery, Inc. | +4,936,209 | 5,936,209 | $163,008,298 | |
| SATS | EchoStar CORP | +2,658,820 | 2,963,470 | $346,933,431 | |
| BACC | Blue Acquisition Corp/Cayman | +1,382,174 | 3,342,359 | $34,125,485 | |
| BTDR | Bitdeer Technologies Group | +674,021 | 1,548,024 | $13,390,407 | |
| WULF | Terawulf Inc. | +406,000 | 531,000 | $7,662,329 | |
| RIOT | Riot Platforms, Inc. | +397,000 | 522,000 | $6,451,919 | |
| IBIT | iShares Bitcoin Trust ETF | +379,200 | 750,000 | $28,815,000 | |
| IHRT | iHeartMedia, Inc. | +251,097 | 1,874,668 | $5,474,029 | |
| DMII | Drugs Made In America Acquisition II Corp. | +200,000 | 500,000 | $4,985,000 | |
| NN | Nextnav Inc. | +143,349 | 521,477 | $8,354,060 | |
| FCRS | FutureCrest Acquisition Corp. | +100,000 | 150,000 | $1,509,000 | |
| OUST | Ouster, Inc. | +75,000 | 85,000 | $1,561,449 | |
| CORZ | Core Scientific, Inc./tx | +23,000 | 623,000 | $9,320,080 | |
| GLW | Corning Inc /Ny | +3,000 | 15,000 | $2,039,549 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
17 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DCH | Dauch Corp | −4,237,937 | 1,000,000 | $5,930,000 | |
| IHS | IHS Holding Ltd | −651,337 | 901,337 | $7,418,003 | |
| KYIV | Kyivstar Group Ltd. | −421,709 | 5,549,679 | $56,162,751 | |
| QQQ | Invesco Qqq Trust, Series 1 | −417,000 | 135,000 | $77,919,300 | |
| RKT | Rocket Companies, Inc. | −413,000 | 250,000 | $3,562,500 | |
| NSC | Norfolk Southern Corp | −375,164 | 69,083 | $19,826,821 | |
| TDAY | USA TODAY Co., Inc. | −204,201 | 195,799 | $1,380,382 | |
| SPY | Spdr S&P 500 ETF Trust | −194,000 | 6,000 | $3,902,040 | |
| NVDA | Nvidia Corp | −125,000 | 100,000 | $17,440,000 | |
| FCX | Freeport-Mcmoran Inc | −75,000 | 25,000 | $1,469,500 | |
| SNDK | Sandisk Corp | −29,000 | 10,000 | $6,353,400 | |
| BABA | Alibaba Group Holding Ltd | −28,300 | 31,186 | $3,912,595 | |
| COGT | Cogent Biosciences, Inc. | −25,000 | 80,000 | $3,079,200 | |
| OKLO | Oklo Inc. | −15,400 | 4,600 | $228,113 | |
| IMSR | Terrestrial Energy Inc. /DE/ | −14,434 | 85,566 | $513,822 | |
| CHTR | Charter Communications, Inc. /Mo/ | −3,500 | 10,000 | $2,158,800 | |
| LITE | Lumentum Holdings Inc. | −1,274 | 3,000 | $2,108,280 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AES | Aes Corp | 11,058,265 | $155,810,953 | |
| SLAB | Silicon Laboratories Inc. | 175,059 | $36,438,530 | |
| TTE | TotalEnergies SE | 300,000 | $27,294,000 | |
| MSFT | Microsoft Corp | 50,000 | $18,508,500 | |
| SORN | Soren Acquisition Corp. | 1,850,000 | $18,278,000 | |
| DBC | Invesco DB Commodity Index Tracking Fund | 475,000 | $13,751,249 | |
| FVAV | Fortress Value Acquisition Corp. V | 1,000,000 | $10,030,000 | |
| MLAA | Mountain Lake Acquisition Corp. II | 1,000,000 | $9,850,000 | |
| OBDC | Blue Owl Capital Corp | 886,000 | $9,799,159 | |
| HUT | Hut 8 Corp. | 191,400 | $8,978,573 | |
| QGEN | Qiagen N.V. | 222,060 | $8,891,281 | |
| IRAB | Iris Acquisition Corp II | 850,000 | $8,347,000 | |
| CIFR | Cipher Digital Inc. | 620,000 | $7,979,400 | |
| MUZE | Muzero Acquisition Corp | 800,000 | $7,888,000 | |
| ARCI | Archimedes Tech SPAC Partners III Co. | 800,000 | $7,880,000 | |
| IREN | IREN Ltd | 225,000 | $7,713,000 | |
| KKR | KKR & Co. Inc. | 83,300 | $7,705,250 | |
| ARTC | Art Technology Acquisition Corp. | 750,000 | $7,357,500 | |
| ALOV | Aldabra 4 Liquidity Opportunity Vehicle, Inc. | 748,363 | $7,356,408 | |
| QRVO | Qorvo, Inc. | 90,046 | $6,969,560 | |
| GRAF | Graf Global Corp. | 600,000 | $6,426,000 | |
| AACI | Armada Acquisition Corp. III | 650,000 | $6,409,000 | |
| LEGO | Legato Merger Corp. IV | 600,000 | $5,946,000 | |
| MEVO | M Evo Global Acquisition Corp II | 600,000 | $5,910,000 | |
| CF | CF Industries Holdings, Inc. | 44,100 | $5,725,944 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| INTC | Intel Corp | 4,015,000 | $148,153,500 | |
| TXNM | Txnm Energy Inc | 1,834,874 | $108,037,381 | |
| KMB | Kimberly Clark Corp | 875,500 | $88,329,195 | |
| MSTR | Strategy Inc | 200,000 | $30,390,000 | |
| CC | Chemours Co | 1,651,275 | $19,468,532 | |
| UNH | Unitedhealth Group Inc | 43,600 | $14,392,795 | |
| BORR | Borr Drilling Ltd | 3,205,564 | $12,918,422 | |
| CLSK | Cleanspark, Inc. | 919,500 | $9,305,339 | |
| MU | Micron Technology Inc | 30,000 | $8,562,300 | |
| CMCSA | Comcast Corp | 225,000 | $6,302,947 | |
| AVAV | AeroVironment Inc | 25,500 | $6,168,194 | |
| FMC | Fmc Corp | 400,000 | $5,548,000 | |
| TER | Teradyne, Inc | 25,000 | $4,839,000 | |
| COHR | Coherent Corp. | 21,000 | $3,875,969 | |
| ZTS | Zoetis Inc. | 27,700 | $3,485,213 | |
| AVGO | Broadcom Inc. | 10,000 | $3,461,000 | |
| VISN | Vistance Networks, Inc. | 188,715 | $3,421,402 | |
| HPP | Hudson Pacific Properties, Inc. | 310,989 | $3,368,010 | |
| TIC | TIC Solutions, Inc. | 300,000 | $3,033,000 | |
| DG | Dollar General Corp | 20,000 | $2,655,400 | |
| HII | Huntington Ingalls Industries, Inc. | 7,500 | $2,550,524 | |
| TAC | Transalta Corp | 200,000 | $2,528,000 | |
| MP | MP Materials Corp. / DE | 50,000 | $2,526,000 | |
| DLTR | Dollar Tree, Inc. | 20,000 | $2,460,200 | |
| WRBY | Warby Parker Inc. | 100,000 | $2,179,000 | |
| No positions match the current search. | ||||
4 positions ·
$8,875,444 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
NEW | 44,100 | $5,725,944 | 64.51% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 25,000 | $1,469,500 | 16.56% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
NEW | 20,000 | $1,035,000 | 11.66% | |
| TGB |
Taseko Mines Ltd
Basic Materials
|
NEW | 100,000 | $645,000 | 7.27% |