SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Sonic GP LLC

CIK 0001964290 · 400 HOBRON LANE, SUITE 3709, HONOLULU, HI, 96815 · 8086493381

Reported Value
$133M
Q4 2022
Positions
25
Filings on Record
9
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Sonic GP LLC reported $133M in U.S.-listed holdings across 25 positions for Q4 2022.

Its largest position, FENC, represents 17.3% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+71.3%
share of reported value
Largest Position
+17.3%
Fennec Pharmaceuticals

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’22: $133MQ4 ’22Q1 ’23: $131MQ2 ’23: $150MQ2 ’23Q3 ’23: $103MQ4 ’23: $87MQ4 ’23Q1 ’24: $76MQ2 ’24: $48MQ2 ’24Q3 ’24: $44MQ4 ’24: $45MQ4 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 87.7%Other: 5.8%MLP: 3.6%ADR: 2.6%Equity WRT: 0.2%
  • Common Stock · 87.7% · $117M
  • Other · 5.8% · $8M
  • MLP · 3.6% · $5M
  • ADR · 2.6% · $3M
  • Equity WRT · 0.2% · $323,394

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
FENCFENNEC PHARMACEUTICALS INCNEW+2.41M2.41M+$23M$23M
SPIRIT AIRLS INCNEW+600.0K600.0K+$12M$12M
BHFBRIGHTHOUSE FINL INCNEW+200.0K200.0K+$10M$10M
PRKSSEAWORLD ENTMT INCNEW+150.0K150.0K+$8M$8M
ASTLALGOMA STL GROUP INCNEW+1.20M1.20M+$8M$8M
UNITED STATES STL CORP NEWNEW+300.0K300.0K+$8M$8M
GNWGENWORTH FINL INCNEW+1.33M1.33M+$7M$7M
USFDUS FOODS HLDG CORPNEW+200.0K200.0K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FENCFENNEC PHARMACEUTICALS INChistory →COM17.34%$23M2.41M
2SPIRIT AIRLS INCCOM8.77%$12M600.0K
3BHFBRIGHTHOUSE FINL INChistory →COM7.69%$10M200.0K
4PRKSSEAWORLD ENTMT INChistory →COM6.02%$8M150.0K
5ASTLALGOMA STL GROUP INCCOM · *W EXP 10/19/2025.95%$8M1.48M
6UNITED STATES STL CORP NEWCOM5.64%$8M300.0K
7GNWGENWORTH FINL INChistory →COM CL A5.29%$7M1.33M
8USFDUS FOODS HLDG CORPhistory →COM5.11%$7M200.0K
9UALUNITED AIRLS HLDGS INChistory →COM4.86%$6M171.8K
10CEDAR FAIR L PDEPOSITRY UNIT4.65%$6M150.0K
11RDNRADIAN GROUP INChistory →COM4.29%$6M300.0K
12EPDENTERPRISE PRODS PARTNERS Lhistory →COM3.62%$5M200.0K
13CCITIGROUP INChistory →COM NEW3.42%$5M100.7K
14RGNXREGENXBIO INChistory →COM3.29%$4M193.1K
15BPBP PLChistory →SPONSORED ADR2.62%$3M100.0K
16HANHAWAIIAN HOLDINGS INChistory →COM2.31%$3M300.0K
17ADVERUM BIOTECHNOLOGIES INCCOM1.98%$3M4.55M
18SPNTSIRIUSPOINT LTDhistory →COM1.78%$2M402.2K
19VIRTVIRTU FINL INChistory →CL A1.53%$2M100.0K
20REE AUTOMOTIVE LTDCLASS A ORD SHS1.14%$2M3.92M
21QUREUNIQURE NVSHS0.85%$1M50.0K
22ZEUSOLYMPIC STEEL INCCOM0.76%$1M30.0K
23TROXTRONOX HOLDINGS PLCSHS0.65%$864,48463.1K
24AUTHID INCCOM NEW0.43%$579,1001.00M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2024$45M15Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$44M15Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$48M15Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$76M15May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$87M16Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$103M23Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$150M24Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$131M25May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$133M25Feb 14, 202313F-HRchanges · 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 ↗.