Sonic GP LLC's Q4 2023 13F: 7 exits
Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 14, 2024 · 16 reported positions · accession 0001013594-24-000165
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | MANCHESTER UTD PLC NEW (MANU) | 10.6% | — | −10.6 pts | −550K sh | −100% |
| Reduced | ALGOMA STL GROUP INC (ASTL) | 7.3% | 4.6% | −2.7 pts | −700K sh | −64% |
| Exited | GENWORTH FINL INC (GNW) | 4.7% | — | −4.7 pts | −834K sh | −100% |
| Increased | SPIRIT AIRLS INC (SAVEQ) | 8.0% | 13.2% | +5.2 pts | +200K sh | +40% |
| Reduced | SEAWORLD ENTMT INC (PRKS) | 6.7% | 6.1% | −0.7 pts | −50,000 sh | −33% |
| Exited | SIRIUSPOINT LTD (SPNT) | 3.0% | — | −3.0 pts | −302K sh | −100% |
| Reduced | BRIGHTHOUSE FINL INC (BHF) | 7.6% | 7.3% | −0.3 pts | −40,000 sh | −25% |
| Exited | HAWAIIAN HOLDINGS INC (HA) | 1.8% | — | −1.8 pts | −300K sh | −100% |
| Reduced | REGENXBIO INC (RGNX) | 8.3% | 9.1% | +0.9 pts | −75,000 sh | −14% |
| Exited | GAOTU TECHEDU INC (GOTU) | 0.5% | — | −0.5 pts | −200K sh | −100% |
| Exited | CEL-SCI CORP (CVM) | 0.1% | — | −0.1 pts | −100K sh | −100% |
| Exited | SCULPTOR CAP MGMT (SCU) | 0.1% | — | −0.1 pts | −10,058 sh | −100% |
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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- REE AUTOMOTIVE LTD (REE): M8287R103 → M8287R202, 3.92M → 131K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 94.1% of the equity book
Changes in the top 10 this quarter: C entered · VIRT entered · MANU left · GNW left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | FENNEC PHARMACEUTICALS INC (FENC) | 17.5% | 31.0% | |
| 2 | SPIRIT AIRLS INC (SAVEQ) | 8.0% | 13.2% | |
| 3 | REGENXBIO INC (RGNX) | 8.3% | 9.1% | |
| 4 | UNITED AIRLS HLDGS INC (UAL) | 7.1% | 8.1% | |
| 5 | BRIGHTHOUSE FINL INC (BHF) | 7.6% | 7.3% | |
| 6 | CEDAR FAIR L P (FUN) | 5.0% | 6.4% | |
| 7 | SEAWORLD ENTMT INC (PRKS) | 6.7% | 6.1% | |
| 8 | CITIGROUP INC (C) | 4.0% | 6.0% | Entered the top 10 |
| 9 | ALGOMA STL GROUP INC (ASTL) | 7.3% | 4.6% | |
| 10 | VIRTU FINL INC (VIRT) | 1.7% | 2.3% | Entered the top 10 |
| — | MANCHESTER UTD PLC NEW (MANU) | 10.6% | 0.0% | Left the top 10 |
| — | GENWORTH FINL INC (GNW) | 4.7% | 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).