SONA ASSET MANAGEMENT (US) LLC — 13F Holdings & Portfolio
CIK 1856405 · latest 13F-HR filed 2026-05-15
SONA ASSET MANAGEMENT (US) LLC manages $4.74B in 13F-reported U.S. long-equity assets across 605 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are TLT (14.50%), LI (5.11%), SATS (4.27%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 248 new positions, exited 63, added to 25, and trimmed 25.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$4.74B
Long-equity book
605
Distinct positions
2026-03-31
Filed 2026-05-15
+248 / −63 / ↑25 / ↓25
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- LI AUTO INC$217.9M +684.5%
- ECHOSTAR CORP$185.4M +559.8%
- WARNER BROS DISCOVERY INC$134.2M +465.6%
- AKAMAI TECHNOLOGIES INC$60.9M +132.9%
- BILL HOLDINGS INC$47.3M +63.8%
Top Trims
- ISHARES TR-$651.2M -84.3%
- NORFOLK SOUTHN CORP-$108.4M -84.5%
- ISHARES TR-$54.1M -45.1%
- MICROCHIP TECHNOLOGY INC.-$53.5M -78.4%
- ETSY INC-$35.4M -29.3%
New Positions
- AES CORP$155.8M
- VANGUARD SCOTTSDALE FDS$58.1M
- SPDR SERIES TRUST$52.1M
- SHIFT4 PMTS INC$42.9M
- SILICON LABORATORIES INC$36.4M
Exited Positions
- ON SEMICONDUCTOR CORP$144.6M
- ITRON INC$110.1M
- TXNM ENERGY INC$108.0M
- AKAMAI TECHNOLOGIES INC$105.7M
- JAZZ INVESTMENTS I LTD$74.5M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR Call | TLT | 464287432 | $688.0M | 14.50% | 7,935,900 | SH |
| 2 | LI AUTO INC | LI | 50202MAB8 | $242.3M | 5.11% | 243,021,000 | PRN |
| 3 | ECHOSTAR CORP | SATS | 278768106 | $202.4M | 4.27% | 1,729,149 | SH |
| 4 | ISHARES TR Put | TLT | 464287432 | $168.2M | 3.55% | 1,940,000 | SH |
| 5 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $161.2M | 3.40% | 5,870,273 | SH |
| 6 | ISHARES INC Call | EWZ | 464286400 | $156.8M | 3.31% | 4,083,700 | SH |
| 7 | AES CORP | AES | 00130H105 | $155.8M | 3.28% | 11,058,265 | SH |
| 8 | INVESCO EXCH TRADED FD TR II Put | BKLN | 46138G508 | $153.4M | 3.23% | 7,517,500 | SH |
| 9 | INVESCO EXCHANGE TRADED FD T Call | RSP | 46137V357 | $143.4M | 3.02% | 747,000 | SH |
| 10 | ECHOSTAR CORP Call | SATS | 278768106 | $124.6M | 2.63% | 1,064,200 | SH |
| 11 | ISHARES TR | LQD | 464287242 | $118.5M | 2.50% | 1,087,688 | SH |
| 12 | BILL HOLDINGS INC | BILL | 090043AF7 | $117.6M | 2.48% | 132,250,000 | PRN |
| 13 | AKAMAI TECHNOLOGIES INC | AKAM | 00971TAN1 | $103.5M | 2.18% | 90,720,000 | PRN |
| 14 | TRIP COM GROUP LTD | TRPCF | 89677QAB3 | $100.6M | 2.12% | 97,000,000 | PRN |
| 15 | ETSY INC | ETSY | 29786AAJ5 | $82.8M | 1.75% | 84,605,000 | PRN |
| 16 | ISHARES TR Put | EEM | 464287234 | $82.6M | 1.74% | 1,455,000 | SH |
| 17 | INVESCO QQQ TR Call | QQQ | 46090E103 | $75.6M | 1.59% | 130,900 | SH |
| 18 | DRAFTKINGS INC NEW | DKNG | 26142RAB0 | $68.5M | 1.44% | 76,035,000 | PRN |
| 19 | ISHARES TR | IGSB | 464288646 | $64.2M | 1.35% | 1,222,119 | SH |
| 20 | VANGUARD SCOTTSDALE FDS | VCIT | 92206C870 | $56.4M | 1.19% | 681,449 | SH |
| 21 | KYIVSTAR GROUP LTD | KYIV | G5331N101 | $50.7M | 1.07% | 5,011,642 | SH |
| 22 | SPDR SERIES TRUST | SPLB | 78464A367 | $50.5M | 1.07% | 2,274,650 | SH |
| 23 | ISHARES TR Put | HYG | 464288513 | $49.7M | 1.05% | 625,000 | SH |
| 24 | ISHARES INC Call | ECH | 464286640 | $49.2M | 1.04% | 1,236,700 | SH |
| 25 | ISHARES TR Call | LQD | 464287242 | $44.3M | 0.93% | 406,500 | SH |
| 26 | SHIFT4 PMTS INC | FOUR | 82452JAD1 | $41.6M | 0.88% | 44,260,000 | PRN |
| 27 | ISHARES TR Call | EWU | 46435G334 | $39.8M | 0.84% | 873,000 | SH |
| 28 | SILICON LABORATORIES INC | SLAB | 826919102 | $36.4M | 0.77% | 175,059 | SH |
| 29 | BLUE ACQUISITION CORP. | BACC | G1331A108 | $33.3M | 0.70% | 3,259,182 | SH |
| 30 | ISHARES TR Call | EEM | 464287234 | $33.1M | 0.70% | 582,000 | SH |
| 31 | ISHARES BITCOIN TRUST ETF Put | IBIT | 46438F101 | $28.0M | 0.59% | 727,500 | SH |
| 32 | TOTALENERGIES SE Call | TTE | F92124100 | $27.2M | 0.57% | 291,000 | SH |
| 33 | H WORLD GROUP LTD | HWLDF | 44332NAB2 | $26.1M | 0.55% | 19,400,000 | PRN |
| 34 | ISHARES TR Put | IWM | 464287655 | $24.8M | 0.52% | 100,000 | SH |
| 35 | COINBASE GLOBAL INC | COIN | 19260QAB3 | $21.7M | 0.46% | 21,848,000 | PRN |
| 36 | ISHARES TR Call | TLT | 464287432 | $21.3M | 0.45% | 245,500 | SH |
| 37 | ISHARES INC Call | EWY | 464286772 | $20.9M | 0.44% | 169,700 | SH |
| 38 | NORFOLK SOUTHN CORP | NSC | 655844108 | $19.8M | 0.42% | 69,083 | SH |
| 39 | VANECK ETF TRUST Put | SMH | 92189F676 | $18.6M | 0.39% | 48,500 | SH |
| 40 | SOREN ACQUISITION CORP | SORN | G8274J103 | $18.3M | 0.39% | 1,850,000 | SH |
| 41 | MICROSOFT CORP Call | MSFT | 594918104 | $18.0M | 0.38% | 48,500 | SH |
| 42 | NVIDIA CORPORATION Call | NVDA | 67066G104 | $16.9M | 0.36% | 97,000 | SH |
| 43 | LAFAYETTE DIGITAL ACQUISITIO | ZKP | G5345D107 | $16.5M | 0.35% | 1,675,000 | SH |
| 44 | ISHARES INC Call | EWJ | 46434G822 | $16.4M | 0.35% | 194,000 | SH |
| 45 | ISHARES TR Call | IGV | 464287515 | $15.5M | 0.33% | 194,000 | SH |
| 46 | MICROCHIP TECHNOLOGY INC. | MCHP | 595017BG8 | $14.3M | 0.30% | 14,489,000 | PRN |
| 47 | WAYFAIR INC | W | 94419LAF8 | $13.4M | 0.28% | 13,672,000 | PRN |
| 48 | SPDR SERIES TRUST Put | XME | 78464A755 | $10.5M | 0.22% | 97,000 | SH |
| 49 | FORTRESS VALUE ACQU CORP V | FVAV | G3645T104 | $10.0M | 0.21% | 1,000,000 | SH |
| 50 | AVERIN CAP ACQUISITION CORP | ACAAU | G0679A126 | $10.0M | 0.21% | 1,000,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $4.74B | 605 | 0000905148-26-002399 |
| 2025-12-31 | 2026-02-17 | $4.39B | 270 | 0000905148-26-000843 |
| 2025-09-30 | 2025-11-14 | $4.10B | 284 | 0000905148-25-004047 |