Managers / Q3 2023 · view latest →
Sonic GP LLC
CIK 0001964290 · 400 HOBRON LANE, SUITE 3709, HONOLULU, HI, 96815 · 8086493381
Summary
Sonic GP LLC reported $103M in U.S.-listed holdings across 23 positions for Q3 2023.
Its largest position, FENC, represents 17.5% of the portfolio.
Compared with Q2 2023, the fund opened 4 new positions and exited 5.
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 · 83.0% · $85M
- Other · 16.2% · $17M
- ADR · 0.5% · $552,000
- Equity WRT · 0.3% · $341,650
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AUIDAUTHID INC | NEW | +125.0K | 125.0K | +$968,750 | $968,750 |
| GOTUGAOTU TECHEDU INC | NEW | +200.0K | 200.0K | +$552,000 | $552,000 |
| CEL-SCI CORP | NEW | +100.0K | 100.0K | +$125,000 | $125,000 |
| SCULPTOR CAP MGMT | NEW | +10.1K | 10.1K | +$116,673 | $116,673 |
| UNITED STATES STL CORP NEW | SOLD OUT | −300.0K | 0 | −$8M | $0 |
| EPDENTERPRISE PRODS PARTNERS L | SOLD OUT | −200.0K | 0 | −$5M | $0 |
| BPBP PLC | SOLD OUT | −100.0K | 0 | −$4M | $0 |
| ZEUSOLYMPIC STEEL INC | SOLD OUT | −30.0K | 0 | −$1M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | FENCFENNEC PHARMACEUTICALS INChistory → | COM | 17.55% | $18M | 2.41M |
| 2 | MANCHESTER UTD PLC NEW | ORD CL A | 10.56% | $11M | 550.0K |
| 3 | RGNXREGENXBIO INChistory → | COM | 8.28% | $9M | 518.1K |
| 4 | SPIRIT AIRLS INC | COM | 8.01% | $8M | 500.0K |
| 5 | BHFBRIGHTHOUSE FINL INChistory → | COM | 7.60% | $8M | 160.0K |
| 6 | ASTLALGOMA STL GROUP INC | COM · *W EXP 10/19/202 | 7.59% | $8M | 1.38M |
| 7 | UALUNITED AIRLS HLDGS INChistory → | COM | 7.05% | $7M | 171.8K |
| 8 | PRKSSEAWORLD ENTMT INChistory → | COM | 6.73% | $7M | 150.0K |
| 9 | CEDAR FAIR L P | DEPOSITRY UNIT | 5.03% | $5M | 140.0K |
| 10 | GNWGENWORTH FINL INChistory → | COM CL A | 4.74% | $5M | 833.8K |
| 11 | CCITIGROUP INChistory → | COM NEW | 4.02% | $4M | 100.7K |
| 12 | SPNTSIRIUSPOINT LTDhistory → | COM | 2.98% | $3M | 302.2K |
| 13 | ADVERUM BIOTECHNOLOGIES INC | COM | 2.91% | $3M | 2.00M |
| 14 | HANHAWAIIAN HOLDINGS INChistory → | COM | 1.84% | $2M | 300.0K |
| 15 | VIRTVIRTU FINL INChistory → | CL A | 1.68% | $2M | 100.0K |
| 16 | AUIDAUTHID INC | COM | 0.94% | $968,750 | 125.0K |
| 17 | TROXTRONOX HOLDINGS PLC | SHS | 0.82% | $847,459 | 63.1K |
| 18 | REE AUTOMOTIVE LTD | CLASS A ORD SHS | 0.56% | $574,703 | 3.92M |
| 19 | GOTUGAOTU TECHEDU INC | SPONSORED ADS | 0.54% | $552,000 | 200.0K |
| 20 | QUREUNIQURE NV | SHS | 0.33% | $335,500 | 50.0K |
| 21 | CEL-SCI CORP | COM PAR NEW | 0.12% | $125,000 | 100.0K |
| 22 | SCULPTOR CAP MGMT | COM CL A | 0.11% | $116,673 | 10.1K |
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 ↗.