SONA ASSET MANAGEMENT (US) LLC
SEC Form 13F institutional filer · CIK 0001856405
13F-HR · 15 reported holdings · 2026-03-31
Asset manager.
Reported long-US-equity value
$0.59B
Top-10 concentration
98.4%
SONA ASSET MANAGEMENT (US) LLC — $594M AUM allocation strategy
SONA ASSET MANAGEMENT (US) LLC files SEC Form 13F and reports $594M of long US equity value across 15 reported holdings for 2026-03-31.
Its largest sector bet is Communication Services 64.6%, followed by Utilities 26.2% and Industrials 3.7%.
The top 10 holdings account for 98% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
SONA ASSET MANAGEMENT (US) LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$594M
total across 15 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
98% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$WBD +4.94M sh · +$134M+$ECHO +1.56M sh · +$185M+$GLW +3K sh · +$989K
Biggest trims (shares)
−$NSC −375K sh · −$108M−$IVZ −199K sh · −$12M−$SNDK −24K sh · −$1.72M
Exited to nil (held last quarter, gone now)
$APO ($67.9M last qtr)$ALB ($35.4M last qtr)$HPE ($34.8M last qtr)$UNH ($14.4M last qtr)$INTC ($12.4M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Wireless Telecommunication Services36.8%—
- Broadcasting27.5%—
- Independent Power Producers & Energy Traders26.2%—
- Rail Transportation3.3%—
- Asset Management & Custody Banks2.0%—
- Technology Hardware, Storage & Peripherals1.1%—
- Oil & Gas Exploration & Production0.6%—
- Communications Equipment0.6%—
- Other holdings1.9%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $ECHO | EchoStar Corporation | 1.87M | $218M | +1.56M | 36.8% |
| $WBD | Warner Bros. Discovery Inc. Series A | 5.94M | $163M | +4.94M | 27.5% |
| $AES | The AES Corporation | 11.1M | $156M | — | 26.2% |
| $NSC | Norfolk Southern Corporation | 69.1K | $19.8M | -375K | 3.3% |
| $BLK | BlackRock Inc | 88.2K | $7.02M | +1.21K | 1.2% |
| $SNDK | Sandisk Corporation | 10K | $6.35M | -24K | 1.1% |
| $IVZ | Invesco Ltd | 175K | $5.07M | -199K | 0.9% |
| $EQT | EQT Corporation | 60K | $3.82M | +0 | 0.6% |
| $SNPS | Synopsys Inc | 7.5K | $2.97M | — | 0.5% |
| $CHTR | Charter Communications Inc. Class A Common Stock New | 10K | $2.16M | -3.5K | 0.4% |
…and 5 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.