Sonic GP LLC's Q1 2024 13F: 1 new position, 2 exits
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 15, 2024 · 15 reported positions · accession 0001013594-24-000474
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SPIRIT AIRLS INC (SAVEQ) | 13.2% | — | −13.2 pts | −700K sh | −100% |
| Reduced | UNITED PARKS & RESORTS INC (PRKS) | 6.1% | 4.0% | −2.0 pts | −45,767 sh | −46% |
| Increased | REGENXBIO INC (RGNX) | 9.1% | 15.1% | +6.0 pts | +100K sh | +23% |
| Exited | ADVERUM BIOTECHNOLOGIES INC (ADVM) | 1.7% | — | −1.7 pts | −2M sh | −100% |
| Reduced | BRIGHTHOUSE FINL INC (BHF) | 7.3% | 6.8% | −0.5 pts | −20,000 sh | −17% |
| Reduced | CEDAR FAIR L P (FUN) | 6.4% | 6.6% | +0.2 pts | −20,000 sh | −14% |
| New | MURAL ONCOLOGY PUB LTD CO (MURA) | — | 1.1% | +1.1 pts | +167K sh | new |
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 — 95.8% of the equity book
Changes in the top 10 this quarter: TROX entered · SAVEQ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | FENNEC PHARMACEUTICALS INC (FENC) | 31.0% | 35.3% | |
| 2 | REGENXBIO INC (RGNX) | 9.1% | 15.1% | |
| 3 | UNITED AIRLS HLDGS INC (UAL) | 8.1% | 10.9% | |
| 4 | CITIGROUP INC (C) | 6.0% | 8.4% | |
| 5 | BRIGHTHOUSE FINL INC (BHF) | 7.3% | 6.8% | |
| 6 | CEDAR FAIR L P (FUN) | 6.4% | 6.6% | |
| 7 | ALGOMA STL GROUP INC (ASTL) | 4.6% | 4.5% | |
| 8 | UNITED PARKS & RESORTS INC (PRKS) | 6.1% | 4.0% | |
| 9 | VIRTU FINL INC (VIRT) | 2.3% | 2.7% | |
| 10 | TRONOX HOLDINGS PLC (TROX) | 1.0% | 1.4% | Entered the top 10 |
| — | SPIRIT AIRLS INC (SAVEQ) | 13.2% | 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).