Sonic GP LLC's Q2 2023 13F: 1 new position, 2 exits

Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 24 reported positions · accession 0001013594-23-000667

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
New MANCHESTER UTD PLC NEW (MANU) — 12.2% +12.2 pts +750K sh new
Increased REGENXBIO INC (RGNX) 2.8% 9.9% +7.1 pts +550K sh +285%
Exited US FOODS HLDG CORP (USFD) 5.6% — −5.6 pts −200K sh −100%
Exited RADIAN GROUP INC (RDN) 5.1% — −5.1 pts −300K sh −100%
Increased SIRIUSPOINT LTD (SPNT) 2.5% 3.0% +0.5 pts +100K sh +25%

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

Top 10 positions — 76.1% of the equity book

Changes in the top 10 this quarter: MANU entered · RGNX entered · USFD left · RDN left

# Security Weight before Weight now
1 FENNEC PHARMACEUTICALS INC (FENC) 15.3% 14.2%
2 MANCHESTER UTD PLC NEW (MANU) 0.0% 12.2% Entered the top 10
3 REGENXBIO INC (RGNX) 2.8% 9.9% Entered the top 10
4 SPIRIT AIRLS INC (SAVEQ) 7.9% 6.9%
5 BRIGHTHOUSE FINL INC (BHF) 6.7% 6.3%
6 UNITED AIRLS HLDGS INC (UAL) 5.8% 6.3%
7 ALGOMA STL GROUP INC (ASTL) 7.4% 5.7%
8 SEAWORLD ENTMT INC (PRKS) 7.0% 5.6%
9 UNITED STATES STL CORP NEW (X) 6.0% 5.0%
10 CEDAR FAIR L P (FUN) 5.2% 4.0%
— US FOODS HLDG CORP (USFD) 5.6% 0.0% Left the top 10
— RADIAN GROUP INC (RDN) 5.1% 0.0% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).