Managers / Q4 2019 · view latest →
Sonora Investment Management, LLC
CIK 0001418539 · 2343 E BROADWAY BLVD, STE 116, TUCSON, AZ, 85719 · (520) 624-4554
Summary
Sonora Investment Management, LLC reported $1.1B in U.S.-listed holdings across 1,743 positions for Q4 2019.
Its largest position, Gap, represents 2.7% of the portfolio.
Compared with Q3 2019, the fund opened 242 new positions and exited 249.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 39.2% · $414M
- US DOMESTIC · 26.1% · $276M
- GLOBAL · 20.8% · $221M
- PUBLIC · 4.7% · $50M
- Other · 4.6% · $48M
- Other · 4.6% · $48M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AAPLAPPLE INC | NEW | +79.3K | 79.3K | +$23M | $23M |
| HYATT HOTELS CORP | NEW | +11.73M | 11.73M | +$13M | $13M |
| DTE ENERGY CO | NEW | +192.8K | 192.8K | +$10M | $10M |
| TRUIST FINL CORP PFD-H | NEW | +238.8K | 238.8K | +$6M | $6M |
| JPMORGAN CHASE & CO | NEW | +3.18M | 3.18M | +$3M | $3M |
| TFCTRUIST FINL CORP | NEW | +48.1K | 48.1K | +$3M | $3M |
| AMZNAMAZON.COM INC | NEW | +1.1K | 1.1K | +$2M | $2M |
| BABOEING CO | NEW | +5.4K | 5.4K | +$2M | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TOLL BROTHERS INC | Convertible/ | 3.96% | $42M | 39.82M |
| 2 | GAP INC | Convertible/ | 2.69% | $28M | 27.46M |
| 3 | VLOVALERO ENERGY CORP | Convertible/ · Equities | 2.59% | $27M | 17.64M |
| 4 | CSG SYSTEMS INC | Convertible/ | 2.36% | $25M | 22.05M |
| 5 | MSFTMICROSOFT CORPhistory → | Equities | 2.25% | $24M | 150.8K |
| 6 | AAPLAPPLE INChistory → | Equities | 2.20% | $23M | 79.3K |
| 7 | VERINT SYSTEMS INC | Convertible/ | 2.07% | $22M | 20.43M |
| 8 | JUNIPER NETWORKS INC | Convertible/ | 1.95% | $21M | 19.05M |
| 9 | MERITAGE HOMES CORP | Convertible/ | 1.82% | $19M | 17.53M |
| 10 | ZILLOW GROUP INC | Convertible/ | 1.70% | $18M | 17.64M |
| 11 | COACH INC | Convertible/ | 1.69% | $18M | 16.98M |
| 12 | CBRE SERVICES, INC | Convertible/ | 1.62% | $17M | 15.27M |
| 13 | HOSPITALITY PROP TRUST | Convertible/ | 1.55% | $16M | 15.71M |
| 14 | L BRANDS INC | Convertible/ | 1.37% | $14M | 13.78M |
| 15 | EMREMERSON ELECTRIC COhistory → | Equities | 1.35% | $14M | 187.4K |
| 16 | GOOGALPHABET INC CL Chistory → | Equities | 1.31% | $14M | 10.4K |
| 17 | HYATT HOTELS CORP | Convertible/ | 1.23% | $13M | 11.73M |
| 18 | TWITTER INC | Convertible/ | 1.22% | $13M | 13.34M |
| 19 | QCOMQUALCOMM INChistory → | Equities | 1.20% | $13M | 144.1K |
| 20 | UNPUNION PACIFIC CORPhistory → | Equities | 1.16% | $12M | 68.1K |
| 21 | IONIS PHARMA INC | Convertible/ | 1.07% | $11M | 9.82M |
| 22 | PGPROCTOR & GAMBLE COhistory → | Equities | 1.06% | $11M | 90.1K |
| 23 | PNCPNC FINL SVCS GRP INChistory → | Equities | 0.96% | $10M | 63.7K |
| 24 | JNJJOHNSON & JOHNSONhistory → | Equities | 0.95% | $10M | 69.1K |
| 25 | BIOMARIN PHARMA INC | Convertible/ | 0.94% | $10M | 9.40M |
| 26 | DTE ENERGY CO | PFDs, REITs, | 0.93% | $10M | 192.8K |
| 27 | PEPPEPSICO INC | Equities | 0.93% | $10M | 71.9K |
| 28 | KLA-TENCOR CORP | Convertible/ | 0.93% | $10M | 8.96M |
| 29 | MGM GROWTH PPTYS LLC | PFDs, REITs, | 0.91% | $10M | 312.5K |
| 30 | RSGREPUBLIC SERVICES INC | Equities | 0.91% | $10M | 107.7K |
| 31 | INTCINTEL CORP | Equities | 0.91% | $10M | 160.9K |
| 32 | CSCOCISCO SYSTEMS INC | Equities | 0.87% | $9M | 191.4K |
| 33 | KMBKIMBERLY-CLARK CORP | Equities | 0.86% | $9M | 66.3K |
| 34 | PFEPFIZER INC | Equities | 0.82% | $9M | 221.9K |
| 35 | ADBEADOBE SYSTEMS INC | Equities | 0.81% | $9M | 25.9K |
| 36 | AJGARTHUR J GALLAGHER & CO | Equities | 0.80% | $8M | 88.6K |
| 37 | FIFTH THIRD BANCO | Convertible/ | 0.78% | $8M | 7.74M |
| 38 | LMTLOCKHEED MARTIN CORP | Equities | 0.77% | $8M | 21.0K |
| 39 | TAT&T INC | Equities | 0.76% | $8M | 205.3K |
| 40 | SERVICE PROPERTIES TRUST | PFDs, REITs, | 0.74% | $8M | 322.1K |
| 41 | HDHOME DEPOT INC | Equities | 0.74% | $8M | 35.7K |
| 42 | LEGLEGGETT & PLATT | Equities | 0.73% | $8M | 152.7K |
| 43 | NUANCE COMM INC | Convertible/ | 0.73% | $8M | 7.33M |
| 44 | GUIDEWIRE SOFTWARE INC | Convertible/ | 0.73% | $8M | 6.54M |
| 45 | MERCK & CO INC | Equities | 0.71% | $7M | 82.3K |
| 46 | ISIIONIS PHARMACEUTICALS INC | Equities | 0.66% | $7M | 115.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2021 | $798M | 1,089 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $1.3B | 1,799 | Apr 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $1.2B | 1,759 | Jan 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $1.1B | 1,857 | Oct 26, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $977M | 1,896 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $844M | 1,786 | Apr 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $1.1B | 1,743 | Jan 17, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $960M | 1,750 | Oct 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $895M | 1,749 | Jul 19, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $817M | 1,559 | Apr 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $689M | 1,327 | Jan 25, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.