Q3 2025 · 13F-HR
SONA ASSET MANAGEMENT (US) LLCholdings as filed
Filed 2025-11-14 · accession 0000905148-25-004047
$4.10B
Reported value
151
Positions
2025-09-30
Period end
The Brief · SONA ASSET MANAGEMENT (US) LLC · Q3 2025
AI · grounded in 13F
SONA ASSET MANAGEMENT (US) LLC closed its position in IEF, reducing exposure by $117.3M. The fund established a new position in EMB worth $139.8M and added a new position in TRIP COM GROUP LTD [[stock:TCOM 0.75 06/15/29]] for $83.1M. Other notable moves include closing its position in VCIT for $103.7M and increasing its holdings in ARKK by 276%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 01609WBG6 | BABA 0.5 06/01/31 | ALIBABA GROUP HLDG LTD | $279.0M | 6.80% | 151,801,000 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $266.3M | 6.49% | 2,980,000 | PUT | SOLE |
| 464288513 | HYG | ISHARES TR | $227.3M | 5.54% | 2,800,000 | PUT | SOLE |
| 464287242 | LQD | ISHARES TR | $222.9M | 5.44% | 2,000,000 | PUT | SOLE |
| 03769M304 | APO 6.75 07/31/26 | APOLLO GLOBAL MGMT INC | $147.8M | 3.61% | 2,100,000 | Common | SOLE |
| 464288281 | EMB | ISHARES TR | $139.8M | 3.41% | 1,469,000 | Common | SOLE |
| 90353TAJ9 | UBER 0 12/15/25 | UBER TECHNOLOGIES INC | $138.6M | 3.38% | 113,615,000 | Common | SOLE |
| 345370CZ1 | F 0 03/15/26 | FORD MTR CO | $133.0M | 3.24% | 131,000,000 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $121.7M | 2.97% | 1,410,000 | PUT | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $106.6M | 2.60% | 300,000 | PUT | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $94.1M | 2.29% | 1,663,830 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $88.9M | 2.17% | 250,000 | CALL | SOLE |
| 472145AF8 | JAZZ 2 06/15/26 | JAZZ INVESTMENTS I LTD | $88.5M | 2.16% | 83,300,000 | Common | SOLE |
| 89677QAB3 | TCOM 0.75 06/15/29 | TRIP COM GROUP LTD | $83.1M | 2.03% | 65,000,000 | Common | SOLE |
| 29786AAJ5 | ETSY 0.125 10/01/26 | ETSY INC | $81.2M | 1.98% | 77,722,000 | Common | SOLE |
| 682189AU9 | ON 0.5 03/01/29 | ON SEMICONDUCTOR CORP | $77.4M | 1.89% | 83,575,000 | Common | SOLE |
| 46432F396 | MTUM | ISHARES TR | $76.9M | 1.88% | 300,000 | PUT | SOLE |
| 464288646 | IGSB | ISHARES TR | $60.2M | 1.47% | 1,135,000 | Common | SOLE |
| 19260QAB3 | COIN 0.5 06/01/26 | COINBASE GLOBAL INC | $58.3M | 1.42% | 52,500,000 | Common | SOLE |
| 42824C208 | HPE 7.625 09/01/27 | HEWLETT PACKARD ENTERPRISE C | $57.9M | 1.41% | 850,000 | Common | SOLE |
| 009066AB7 | ABNB 0 03/15/26 | AIRBNB INC | $57.0M | 1.39% | 58,250,000 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $56.9M | 1.39% | 189,280 | Common | SOLE |
| 82452JAB5 | FOUR 0 12/15/25 | SHIFT4 PMTS INC | $52.5M | 1.28% | 51,000,000 | Common | SOLE |
| 82509LAA5 | SHOPCN 0.125 11/01/25 | SHOPIFY INC | $52.0M | 1.27% | 49,404,000 | Common | SOLE |
| 19260QAF4 | COIN 0.25 04/01/30 | COINBASE GLOBAL INC | $50.3M | 1.23% | 40,000,000 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $46.5M | 1.13% | 1,500,000 | CALL | SOLE |
| 464287242 | LQD | ISHARES TR | $44.2M | 1.08% | 396,206 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $41.8M | 1.02% | 250,000 | CALL | SOLE |
| 16115Q308 | GTLS | CHART INDS INC | $41.8M | 1.02% | 208,634 | Common | SHARED |
| 252131AM9 | DXCM 0.375 05/15/28 | DEXCOM INC | $40.6M | 0.99% | 44,500,000 | Common | SOLE |
| 464286772 | EWY | ISHARES INC | $40.0M | 0.98% | 500,000 | CALL | SOLE |
| 595017BG8 | MCHP 0.75 06/01/30 | MICROCHIP TECHNOLOGY INC. | $39.3M | 0.96% | 40,500,000 | Common | SOLE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAMAI TECHNOLOGIES INC | $38.7M | 0.94% | 41,162,000 | Common | SOLE |
| 500767306 | KWEB | KRANESHARES TRUST | $38.2M | 0.93% | 909,000 | CALL | SOLE |
| 285512109 | EA | ELECTRONIC ARTS INC | $37.4M | 0.91% | 185,440 | Common | SHARED |
| 464287234 | EEM | ISHARES TR | $34.8M | 0.85% | 652,100 | CALL | SOLE |
| 44332NAB2 | HTHT 3 05/01/26 | H WORLD GROUP LTD | $33.5M | 0.82% | 30,000,000 | Common | SOLE |
| 10806XAD4 | BBIO 2.25 02/01/29 | BRIDGEBIO PHARMA INC | $30.9M | 0.75% | 31,230,000 | Common | SOLE |
| G11448100 | BTDR | BITDEER TECHNOLOGIES GROUP | $30.8M | 0.75% | 1,800,000 | CALL | SOLE |
| 704551AD2 | BTU 3.25 03/01/28 | PEABODY ENGR CORP | $28.2M | 0.69% | 18,750,000 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $27.0M | 0.66% | 45,000 | PUT | SOLE |
| G5331N101 | KYIV | KYIVSTAR GROUP LTD | $26.7M | 0.65% | 2,137,889 | Common | SOLE |
| 902252AB1 | TYL 0.25 03/15/26 | TYLER TEX INDPT SCH DIST | $24.2M | 0.59% | 22,000,000 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $24.2M | 0.59% | 75,000 | PUT | SOLE |
| 012653200 | ALB 7.25 03/01/27 | ALBEMARLE CORP | $23.0M | 0.56% | 600,000 | Common | SOLE |
| 26142RAB0 | DKNG 0 03/15/28 | DRAFTKINGS INC NEW | $22.9M | 0.56% | 25,400,000 | Common | SOLE |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $22.2M | 0.54% | 21,500,000 | Common | SOLE |
| 464287184 | FXI | ISHARES TR | $20.6M | 0.50% | 500,000 | CALL | SOLE |
| 88339PAJ0 | REAL 4 02/15/31 | THE REALREAL INC | $19.5M | 0.48% | 15,097,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $18.7M | 0.45% | 100,000 | PUT | SOLE |
| G1466R173 | BORR | BORR DRILLING LTD | $17.2M | 0.42% | 6,386,470 | Common | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $16.1M | 0.39% | 33,376 | Common | SHARED |
| 26210CAC8 | DBX 0 03/01/26 | DROPBOX INC | $13.9M | 0.34% | 14,000,000 | Common | SOLE |
| G11448100 | BTDR | BITDEER TECHNOLOGIES GROUP | $13.2M | 0.32% | 774,003 | Common | SOLE |
| 30063PAB1 | EXAS 0.375 03/15/27 | EXACT SCIENCES CORP | $12.7M | 0.31% | 13,250,000 | Common | SOLE |
| 94419LAF8 | W 1 08/15/26 | WAYFAIR INC | $12.3M | 0.30% | 12,500,000 | Common | SOLE |
| G4701H109 | IHS | IHS HOLDING LIMITED | $12.3M | 0.30% | 1,802,674 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $12.2M | 0.30% | 160,000 | CALL | SOLE |
| 36162J106 | GEO | GEO GROUP INC NEW | $11.3M | 0.27% | 550,000 | CALL | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $11.2M | 0.27% | 32,500 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $11.1M | 0.27% | 25,000 | CALL | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $11.1M | 0.27% | 132,500 | Common | SOLE |
| 78464A888 | XHB | SPDR SERIES TRUST | $11.1M | 0.27% | 100,000 | CALL | SHARED |
| 91325VAB4 | UNIT 7.5 12/01/27 | UNITI GROUP LLC | $10.4M | 0.25% | 9,500,000 | Common | SOLE |
| 65339F663 | NEE 7.299 06/01/27 | NEXTERA ENERGY INC | $10.0M | 0.24% | 200,000 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $9.8M | 0.24% | 110,000 | CALL | SOLE |
| 163851108 | CC | CHEMOURS CO | $9.4M | 0.23% | 596,275 | Common | SOLE |
| 15102KAA8 | CELC 2.75 08/01/31 | CELCUITY INC | $9.3M | 0.23% | 7,000,000 | Common | SOLE |
| 30063PAC9 | EXAS 0.375 03/01/28 | EXACT SCIENCES CORP | $9.1M | 0.22% | 9,750,000 | Common | SOLE |
| 024061103 | DCH | AMERICAN AXLE & MFG HLDGS IN | $9.0M | 0.22% | 1,500,000 | CALL | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $8.8M | 0.21% | 200,000 | CALL | SHARED |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $8.4M | 0.21% | 47,186 | Common | SOLE |
| 65345N106 | NN | NEXTNAV INC | $8.2M | 0.20% | 575,128 | Common | SOLE |
| 92826C839 | V | VISA INC | $7.6M | 0.18% | 22,200 | PUT | SOLE |
| 37954Y871 | URA | GLOBAL X FDS | $7.2M | 0.17% | 150,000 | Common | SOLE |
| 912932100 | UNIT | UNITI GROUP LLC | $7.0M | 0.17% | 1,136,000 | Common | SOLE |
| 880770102 | TER | TERADYNE INC | $6.9M | 0.17% | 50,000 | Common | SOLE |
| 071705107 | BLCO | BAUSCH PLUS LOMB CORP | $6.9M | 0.17% | 455,332 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $6.5M | 0.16% | 100,000 | CALL | SOLE |
| 928298AR9 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLOGY INC | $6.4M | 0.16% | 7,000,000 | Common | SOLE |
| 02156K103 | OPTU | ALTICE USA INC | $6.3M | 0.15% | 2,600,000 | Common | SOLE |
| 464286772 | EWY | ISHARES INC | $5.9M | 0.14% | 74,000 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $5.7M | 0.14% | 350,000 | CALL | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $5.4M | 0.13% | 300,000 | CALL | SOLE |
| 39525U107 | GFR | GREENFIRE RES LTD NEW | $5.3M | 0.13% | 1,157,749 | Common | SOLE |
| 233051879 | ASHR | DBX ETF TR | $5.2M | 0.13% | 157,000 | Common | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARE | $5.1M | 0.12% | 136,623 | Common | SOLE |
| 464286822 | EWW | ISHARES INC | $5.0M | 0.12% | 74,000 | Common | SOLE |
| 17253J106 | CIFR | CIPHER MINING INC | $5.0M | 0.12% | 400,000 | CALL | SOLE |
| 46434G822 | EWJ | ISHARES INC | $4.9M | 0.12% | 61,500 | Common | SOLE |
| 024061103 | DCH | AMERICAN AXLE & MFG HLDGS IN | $4.9M | 0.12% | 819,328 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $4.9M | 0.12% | 250,000 | PUT | SHARED |
| 253868103 | DLR | DIGITAL RLTY TR INC | $4.7M | 0.11% | 27,200 | Common | SOLE |
| 20337X109 | VISN | COMMSCOPE HLDG CO INC | $4.6M | 0.11% | 300,000 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $4.0M | 0.10% | 100,000 | PUT | SOLE |
| 26603R106 | DUOL | DUOLINGO INC | $4.0M | 0.10% | 12,500 | PUT | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $3.9M | 0.09% | 4,000 | Common | SOLE |
| 256746108 | DLTR | DOLLAR TREE INC | $3.8M | 0.09% | 40,000 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $3.5M | 0.09% | 167,224 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $3.4M | 0.08% | 12,500 | Common | SOLE |
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $3.4M | 0.08% | 500,000 | Common | SHARED |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $3.4M | 0.08% | 125,000 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $3.4M | 0.08% | 100,000 | CALL | SOLE |
| 26884L109 | EQT | EQT CORP | $3.3M | 0.08% | 60,000 | Common | SOLE |
| 53190C102 | LTH | LIFE TIME GROUP HOLDINGS INC | $3.2M | 0.08% | 115,000 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $3.1M | 0.08% | 100,000 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $3.1M | 0.08% | 19,000 | Common | SOLE |
| G6964L206 | PSFE | PAYSAFE LIMITED | $3.1M | 0.08% | 239,188 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $3.1M | 0.07% | 106,100 | Common | SOLE |
| G2851K120 | DMIIU | DRUGS MADE IN AMER ACQ II CO | $3.0M | 0.07% | 300,000 | Common | SHARED |
| 63845R107 | EYE | NATIONAL VISION HLDGS INC | $2.9M | 0.07% | 100,000 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $2.8M | 0.07% | 10,000 | PUT | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $2.7M | 0.07% | 200,000 | Common | SOLE |
| 00510N102 | TIC | ACUREN CORP | $2.7M | 0.06% | 200,000 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $2.6M | 0.06% | 433,200 | Common | SOLE |
| 767292105 | RIOT | RIOT PLATFORMS INC | $2.4M | 0.06% | 125,000 | Common | SOLE |
| G9675P102 | WLAC | WILLOW LANE ACQUISITION CORP | $2.3M | 0.06% | 200,000 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $2.3M | 0.06% | 3,394 | Common | SOLE |
| 446413106 | HII | HUNTINGTON INGALLS INDS INC | $2.2M | 0.05% | 7,500 | Common | SOLE |
| 74967X103 | RH | RH | $2.1M | 0.05% | 10,400 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $2.1M | 0.05% | 20,000 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $1.9M | 0.05% | 25,000 | Common | SOLE |
| 02043Q107 | ALNY | ALNYLAM PHARMACEUTICALS INC | $1.9M | 0.05% | 4,104 | Common | SOLE |
| 279158109 | EC | ECOPETROL S A | $1.8M | 0.04% | 200,000 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $1.8M | 0.04% | 12,390 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $1.7M | 0.04% | 50,000 | Common | SHARED |
| G43658106 | IMSR | HCM II ACQUISITION CORP | $1.6M | 0.04% | 100,000 | Common | SOLE |
| G3106Q110 | EVAC/U | EQV VENTURES AC CORP. II | $1.5M | 0.04% | 150,000 | Common | SHARED |
| 887389104 | TKR | TIMKEN CO | $1.1M | 0.03% | 14,000 | Common | SOLE |
| G9009S129 | BLZRU | TRAILBLAZER ACQUISITION CORP | $1.0M | 0.02% | 100,000 | Common | SHARED |
| M5R635108 | INVZ | INNOVIZ TECHNOLOGIES LTD | $1.0M | 0.02% | 500,000 | Common | SOLE |
| G1828E100 | CEPF | CANTOR EQUITY PARTNERS IV IN | $1.0M | 0.02% | 100,000 | Common | SHARED |
| 28238P109 | EHTH | EHEALTH INC | $1.0M | 0.02% | 232,589 | Common | SOLE |
| 87151X101 | SYM | SYMBOTIC INC | $943,250 | 0.02% | 17,500 | CALL | SOLE |
| G0250X107 | AMCR | AMCOR PLC | $930,884 | 0.02% | 113,800 | CALL | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $897,050 | 0.02% | 1,250 | Common | SHARED |
| 42806J148 | HTZWW | HERTZ GLOBAL HLDGS INC | $744,000 | 0.02% | 200,000 | Common | SOLE |
| 20451Q104 | CODI | COMPASS DIVERSIFIED | $663,324 | 0.02% | 100,200 | PUT | SOLE |
| 836100107 | SOUN | SOUNDHOUND AI INC | $627,120 | 0.02% | 39,000 | Common | SOLE |
| G3730U123 | FCRS/U | FUTURECREST ACQUISITION CORP | $530,000 | 0.01% | 50,000 | Common | SHARED |
| G4365E129 | HCMAU | HCM III ACQUISITION CORP | $515,500 | 0.01% | 50,000 | Common | SHARED |
| 92918V307 | VRM | VROOM INC | $391,178 | 0.01% | 14,472 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $388,168 | 0.01% | 7,872 | Common | SHARED |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $368,777 | 0.01% | 9,398 | Common | SOLE |
| 68989M202 | OUST | OUSTER INC | $270,500 | 0.01% | 10,000 | CALL | SOLE |
| G8656L130 | THCH | TH INTERNATIONAL LIMITED | $259,000 | 0.01% | 100,000 | Common | SHARED |
| G63221124 | MBVIU | M3-BRIGADE ACQUISITION VI CO | $253,000 | 0.01% | 25,000 | Common | SHARED |
| 464288513 | HYG | ISHARES TR | $172,448 | 0.00% | 2,124 | Common | SOLE |
| 45174J509 | IHRT | IHEARTMEDIA INC | $166,787 | 0.00% | 58,114 | Common | SOLE |
| G5331N119 | KYIVW | KYIVSTAR GROUP LTD | $101,500 | 0.00% | 25,000 | Common | SOLE |
| 337655112 | NOTEW | FISCALNOTE HOLDINGS INC | $9,900 | 0.00% | 150,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.