SONA ASSET MANAGEMENT (US) LLC

Filed: 2/13/2024ACC: 0001856405-24-000002

📋 What this filing means

SONA ASSET MANAGEMENT (US) LLC filed this quarterly 13F‑HR report disclosing 54 equity positions with a total reported market value of $3.06B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$3.06B

Total AUM (reported)

709.40M

Total Shares

Allocation by class

IBOXX HI YD ETF$1.95B63.7%

SER A MAND CNV$278.43M9.1%

NOTE 6.000% 8/1$79.93M2.6%

NOTE 0.250% 3/1$58.53M1.9%

NOTE 5.000%11/0$47.29M1.5%

NOTE 0.750% 2/1$43.88M1.4%

NOTE12/0$41.32M1.4%

Portfolio Concentration

Top 3$2.31B75.4%

4–10$280.37M9.2%

11–25$337.92M11.0%

Rest$133.91M4.4%

Top 3 weight

75.4%

Top 10 weight

84.6%

Voting Authority Distribution

Total shares with voting rights: 708.30M

Sole

Full voting authority

708.30M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole54

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings54

Rows:

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares25.17M

TypeSH

Market value$1.95B

63.69%

Sole

25.17M

Shared

0.00

None

0.00

APOLLO GLOBAL MGMT INC

SOLE

SER A MAND CNV

Shares5M

TypePRN

Market value$278.43M

9.10%

Sole

Shared

0.00

None

0.00

ROYAL CARIBBEAN GROUP

SOLE

NOTE 6.000% 8/1

Shares30M

TypePRN

Market value$79.93M

2.61%

Sole

30M

Shared

0.00

None

0.00

UNITED STATES STL CORP

SOLE

NOTE 5.000%11/0

Shares13M

TypePRN

Market value$47.29M

1.55%

Sole

13M

Shared

0.00

None

0.00

INSIGHT ENTERPRISES INC

SOLE

NOTE 0.750% 2/1

Shares16.89M

TypePRN

Market value$43.88M

1.43%

Sole

16.89M

Shared

0.00

None

0.00

PDD HOLDINGS INC

SOLE

NOTE12/0

Shares40M

TypePRN

Market value$41.32M

1.35%

Sole

40M

Shared

0.00

None

0.00

RAPID7 INC

SOLE

NOTE 0.250% 3/1

Shares43M

TypePRN

Market value$38.81M

1.27%

Sole

43M

Shared

0.00

None

0.00

NCL CORP LTD

SOLE

NOTE 2.500% 2/1

Shares40M

TypePRN

Market value$37.44M

1.22%

Sole

40M

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 3.250% 9/1

Shares30M

TypePRN

Market value$37.06M

1.21%

Sole

30M

Shared

0.00

None

0.00

BIOMARIN PHARMACEUTICAL INC

SOLE

NOTE 0.599% 8/0

Shares35M

TypePRN

Market value$34.57M

1.13%

Sole

35M

Shared

0.00

None

0.00

JAZZ INVESTMENTS I LTD

SOLE

NOTE 1.500% 8/1

Shares35M

TypePRN

Market value$34.08M

1.11%

Sole

35M

Shared

0.00

None

0.00

SEA LTD

SOLE

NOTE 2.375%12/0

Shares35M

TypePRN

Market value$33.39M

1.09%

Sole

35M

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 1.000% 8/1

Shares32.50M

TypePRN

Market value$28.65M

0.94%

Sole

32.50M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.125% 5/0

Shares22M

TypePRN

Market value$27.94M

0.91%

Sole

22M

Shared

0.00

None

0.00

WOLFSPEED INC

SOLE

NOTE 1.750% 5/0

Shares23.90M

TypePRN

Market value$27.35M

0.89%

Sole

23.90M

Shared

0.00

None

0.00

GREENFIRE RES LTD NEW

SOLE

COM SHS

Shares4.97M

TypeSH

Market value$24.14M

0.79%

Sole

4.97M

Shared

0.00

None

0.00

NEUROCRINE BIOSCIENCES INC

SOLE

NOTE 2.250% 5/1

Shares12.10M

TypePRN

Market value$21.01M

0.69%

Sole

12.10M

Shared

0.00

None

0.00

SEA LTD

SOLE

NOTE 0.250% 9/1

Shares25M

TypePRN

Market value$20.63M

0.67%

Sole

25M

Shared

0.00

None

0.00

LUMENTUM HLDGS INC

SOLE

NOTE 0.250% 3/1

Shares19.60M

TypePRN

Market value$19.73M

0.64%

Sole

19.60M

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE3/0

Shares20M

TypePRN

Market value$19.69M

0.64%

Sole

20M

Shared

0.00

None

0.00

AMERICAN AIRLINES GROUP INC

SOLE

NOTE 6.500% 7/0

Shares17M

TypePRN

Market value$18.95M

0.62%

Sole

17M

Shared

0.00

None

0.00

SOUTHWEST AIRLS CO

SOLE

NOTE 1.250% 5/0

Shares16.50M

TypePRN

Market value$16.74M

0.55%

Sole

16.50M

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE3/0

Shares16.02M

TypePRN

Market value$16.09M

0.53%

Sole

16.02M

Shared

0.00

None

0.00

FIVE9 INC

SOLE

NOTE 0.500% 6/0

Shares16M

TypePRN

Market value$15.42M

0.50%

Sole

16M

Shared

0.00

None

0.00

JAZZ INVESTMENTS I LTD

SOLE

NOTE 2.000% 6/1

Shares14M

TypePRN

Market value$14.13M

0.46%

Sole

14M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ISHARES TRSOLE	IBOXX HI YD ETF	25.17M	SH	$1.95B 63.69%	25.17M
APOLLO GLOBAL MGMT INCSOLE	SER A MAND CNV	5M	PRN	$278.43M 9.10%	5M
ROYAL CARIBBEAN GROUPSOLE	NOTE 6.000% 8/1	30M	PRN	$79.93M 2.61%	30M
UNITED STATES STL CORPSOLE	NOTE 5.000%11/0	13M	PRN	$47.29M 1.55%	13M
INSIGHT ENTERPRISES INCSOLE	NOTE 0.750% 2/1	16.89M	PRN	$43.88M 1.43%	16.89M
PDD HOLDINGS INCSOLE	NOTE12/0	40M	PRN	$41.32M 1.35%	40M
RAPID7 INCSOLE	NOTE 0.250% 3/1	43M	PRN	$38.81M 1.27%	43M
NCL CORP LTDSOLE	NOTE 2.500% 2/1	40M	PRN	$37.44M 1.22%	40M
WAYFAIR INCSOLE	NOTE 3.250% 9/1	30M	PRN	$37.06M 1.21%	30M
BIOMARIN PHARMACEUTICAL INCSOLE	NOTE 0.599% 8/0	35M	PRN	$34.57M 1.13%	35M
JAZZ INVESTMENTS I LTDSOLE	NOTE 1.500% 8/1	35M	PRN	$34.08M 1.11%	35M
SEA LTDSOLE	NOTE 2.375%12/0	35M	PRN	$33.39M 1.09%	35M
WAYFAIR INCSOLE	NOTE 1.000% 8/1	32.50M	PRN	$28.65M 0.94%	32.50M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.125% 5/0	22M	PRN	$27.94M 0.91%	22M
WOLFSPEED INCSOLE	NOTE 1.750% 5/0	23.90M	PRN	$27.35M 0.89%	23.90M
GREENFIRE RES LTD NEWSOLE	COM SHS	4.97M	SH	$24.14M 0.79%	4.97M
NEUROCRINE BIOSCIENCES INCSOLE	NOTE 2.250% 5/1	12.10M	PRN	$21.01M 0.69%	12.10M
SEA LTDSOLE	NOTE 0.250% 9/1	25M	PRN	$20.63M 0.67%	25M
LUMENTUM HLDGS INCSOLE	NOTE 0.250% 3/1	19.60M	PRN	$19.73M 0.64%	19.60M
DROPBOX INCSOLE	NOTE3/0	20M	PRN	$19.69M 0.64%	20M
AMERICAN AIRLINES GROUP INCSOLE	NOTE 6.500% 7/0	17M	PRN	$18.95M 0.62%	17M
SOUTHWEST AIRLS COSOLE	NOTE 1.250% 5/0	16.50M	PRN	$16.74M 0.55%	16.50M
DROPBOX INCSOLE	NOTE3/0	16.02M	PRN	$16.09M 0.53%	16.02M
FIVE9 INCSOLE	NOTE 0.500% 6/0	16M	PRN	$15.42M 0.50%	16M
JAZZ INVESTMENTS I LTDSOLE	NOTE 2.000% 6/1	14M	PRN	$14.13M 0.46%	14M

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