Managers / Q1 2023 · view latest →
Sonic GP LLC
CIK 0001964290 · 400 HOBRON LANE, SUITE 3709, HONOLULU, HI, 96815 · 8086493381
Summary
Sonic GP LLC reported $131M in U.S.-listed holdings across 25 positions for Q1 2023.
Its largest position, FENC, represents 15.3% of the portfolio.
The book was largely unchanged from Q4 2022.
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, 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
Portfolio Composition
- Common Stock · 86.6% · $113M
- Other · 6.2% · $8M
- MLP · 4.0% · $5M
- ADR · 2.9% · $4M
- Equity WRT · 0.4% · $489,991
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ADVERUM BIOTECHNOLOGIES INC | TRIMMED | −2.55M | 2.00M | −$1M | $1M |
| GNWGENWORTH FINL INC | TRIMMED | −500.0K | 833.8K | −$3M | $4M |
| FENCFENNEC PHARMACEUTICALS INC | HELD | +0 | 2.41M | −$3M | $20M |
| ASTLALGOMA STL GROUP INC | HELD | +0 | 1.20M | +$2M | $10M |
| BHFBRIGHTHOUSE FINANCIAL, INC. CMN | HELD | +0 | 200.0K | −$1M | $9M |
| SPIRIT AIRLS INC | HELD | +0 | 600.0K | −$1M | $10M |
| PRKSSEAWORLD ENTMT INC | HELD | +0 | 150.0K | +$1M | $9M |
| UALUNITED AIRLS HLDGS INC | HELD | +0 | 171.8K | +$1M | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2024 | $45M | 15 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $44M | 15 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $48M | 15 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $76M | 15 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $87M | 16 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $103M | 23 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $150M | 24 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $131M | 25 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $133M | 25 | Feb 14, 2023 | 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 ↗.