Filed: 5/15/2023ACC: 0001013594-23-000475
📋 What this filing means
SONIC GP LLC filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $130.92M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$130.92M
Total AUM (reported)
15.25M
Total Shares
Allocation by class
COM$105.35M80.5%
DEPOSITRY UNIT$6.85M5.2%
COM NEW$5.17M4.0%
COM CL A$4.19M3.2%
SPONSORED ADR$3.79M2.9%
SHS$1.91M1.5%
CL A$1.89M1.4%
Portfolio Concentration
Top 3$40.03M30.6%
4–10$54.32M41.5%
11–25$36.57M27.9%
Top 3 weight
30.6%
Top 10 weight
72.1%
Voting Authority Distribution
Total shares with voting rights: 15.25M
Sole
Full voting authority
15.25M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole25
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings25
Rows:
FENNEC PHARMACEUTICALS INC
SOLEShares2.41M
TypeSH
Market value$20.03M
15.30%
Sole
2.41M
Shared
0.00
None
0.00
SPIRIT AIRLS INC
SOLEShares600K
TypeSH
Market value$10.30M
7.87%
Sole
600K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares1.20M
TypeSH
Market value$9.70M
7.41%
Sole
1.20M
Shared
0.00
None
0.00
SEAWORLD ENTMT INC
SOLEShares150K
TypeSH
Market value$9.20M
7.02%
Sole
150K
Shared
0.00
None
0.00
BRIGHTHOUSE FINANCIAL, INC. CMN
SOLEShares200K
TypeSH
Market value$8.82M
6.74%
Sole
200K
Shared
0.00
None
0.00
UNITED STATES STL CORP NEW
SOLEShares300K
TypeSH
Market value$7.83M
5.98%
Sole
300K
Shared
0.00
None
0.00
UNITED AIRLS HLDGS INC
SOLEShares171.78K
TypeSH
Market value$7.60M
5.81%
Sole
171.78K
Shared
0.00
None
0.00
US FOODS HLDG CORP
SOLEShares200K
TypeSH
Market value$7.39M
5.64%
Sole
200K
Shared
0.00
None
0.00
CEDAR FAIR L P
SOLEShares150K
TypeSH
Market value$6.85M
5.23%
Sole
150K
Shared
0.00
None
0.00
RADIAN GROUP INC
SOLEShares300K
TypeSH
Market value$6.63M
5.06%
Sole
300K
Shared
0.00
None
0.00
ENTERPRISE PRODS PARTNERS L
SOLEShares200K
TypeSH
Market value$5.18M
3.96%
Sole
200K
Shared
0.00
None
0.00
CITIGROUP INC
SOLEShares100.74K
TypeSH
Market value$4.72M
3.61%
Sole
100.74K
Shared
0.00
None
0.00
GENWORTH FINL INC
SOLEShares833.83K
TypeSH
Market value$4.19M
3.20%
Sole
833.83K
Shared
0.00
None
0.00
BP PLC
SOLEShares100K
TypeSH
Market value$3.79M
2.90%
Sole
100K
Shared
0.00
None
0.00
REGENXBIO INC
SOLEShares193.08K
TypeSH
Market value$3.65M
2.79%
Sole
193.08K
Shared
0.00
None
0.00
SIRIUSPOINT LTD
SOLEShares402.19K
TypeSH
Market value$3.27M
2.50%
Sole
402.19K
Shared
0.00
None
0.00
HAWAIIAN HOLDINGS INC
SOLEShares300K
TypeSH
Market value$2.75M
2.10%
Sole
300K
Shared
0.00
None
0.00
VIRTU FINL INC
SOLEShares100K
TypeSH
Market value$1.89M
1.44%
Sole
100K
Shared
0.00
None
0.00
OLYMPIC STEEL INC
SOLEShares30K
TypeSH
Market value$1.57M
1.20%
Sole
30K
Shared
0.00
None
0.00
ADVERUM BIOTECHNOLOGIES INC
SOLEShares2M
TypeSH
Market value$1.43M
1.10%
Sole
2M
Shared
0.00
None
0.00
REE AUTOMOTIVE LTD
SOLEShares3.92M
TypeSH
Market value$1.28M
0.97%
Sole
3.92M
Shared
0.00
None
0.00
UNIQURE NV
SOLEShares50K
TypeSH
Market value$1.01M
0.77%
Sole
50K
Shared
0.00
None
0.00
TRONOX HOLDINGS PLC
SOLEShares63.05K
TypeSH
Market value$906.7K
0.69%
Sole
63.05K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares280K
TypeSH
Market value$490.0K
0.37%
Sole
280K
Shared
0.00
None
0.00
AUTHID INC
SOLEShares1M
TypeSH
Market value$450.0K
0.34%
Sole
1M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
FENNEC PHARMACEUTICALS INCSOLE | COM | 2.41M | SH | $20.03M 15.30% | 2.41M | 0.00 | 0.00 |
SPIRIT AIRLS INCSOLE | COM | 600K | SH | $10.30M 7.87% | 600K | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | COM | 1.20M | SH | $9.70M 7.41% | 1.20M | 0.00 | 0.00 |
SEAWORLD ENTMT INCSOLE | COM | 150K | SH | $9.20M 7.02% | 150K | 0.00 | 0.00 |
BRIGHTHOUSE FINANCIAL, INC. CMNSOLE | COM | 200K | SH | $8.82M 6.74% | 200K | 0.00 | 0.00 |
UNITED STATES STL CORP NEWSOLE | COM | 300K | SH | $7.83M 5.98% | 300K | 0.00 | 0.00 |
UNITED AIRLS HLDGS INCSOLE | COM | 171.78K | SH | $7.60M 5.81% | 171.78K | 0.00 | 0.00 |
US FOODS HLDG CORPSOLE | COM | 200K | SH | $7.39M 5.64% | 200K | 0.00 | 0.00 |
CEDAR FAIR L PSOLE | DEPOSITRY UNIT | 150K | SH | $6.85M 5.23% | 150K | 0.00 | 0.00 |
RADIAN GROUP INCSOLE | COM | 300K | SH | $6.63M 5.06% | 300K | 0.00 | 0.00 |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 200K | SH | $5.18M 3.96% | 200K | 0.00 | 0.00 |
CITIGROUP INCSOLE | COM NEW | 100.74K | SH | $4.72M 3.61% | 100.74K | 0.00 | 0.00 |
GENWORTH FINL INCSOLE | COM CL A | 833.83K | SH | $4.19M 3.20% | 833.83K | 0.00 | 0.00 |
BP PLCSOLE | SPONSORED ADR | 100K | SH | $3.79M 2.90% | 100K | 0.00 | 0.00 |
REGENXBIO INCSOLE | COM | 193.08K | SH | $3.65M 2.79% | 193.08K | 0.00 | 0.00 |
SIRIUSPOINT LTDSOLE | COM | 402.19K | SH | $3.27M 2.50% | 402.19K | 0.00 | 0.00 |
HAWAIIAN HOLDINGS INCSOLE | COM | 300K | SH | $2.75M 2.10% | 300K | 0.00 | 0.00 |
VIRTU FINL INCSOLE | CL A | 100K | SH | $1.89M 1.44% | 100K | 0.00 | 0.00 |
OLYMPIC STEEL INCSOLE | COM | 30K | SH | $1.57M 1.20% | 30K | 0.00 | 0.00 |
ADVERUM BIOTECHNOLOGIES INCSOLE | COM | 2M | SH | $1.43M 1.10% | 2M | 0.00 | 0.00 |
REE AUTOMOTIVE LTDSOLE | CLASS A ORD SHS | 3.92M | SH | $1.28M 0.97% | 3.92M | 0.00 | 0.00 |
UNIQURE NVSOLE | SHS | 50K | SH | $1.01M 0.77% | 50K | 0.00 | 0.00 |
TRONOX HOLDINGS PLCSOLE | SHS | 63.05K | SH | $906.7K 0.69% | 63.05K | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | *W EXP 10/19/202 | 280K | SH | $490.0K 0.37% | 280K | 0.00 | 0.00 |
AUTHID INCSOLE | COM NEW | 1M | SH | $450.0K 0.34% | 1M | 0.00 | 0.00 |