In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Sonic GP LLC reported 14 stock positions worth $48.2 million . Its top holding was Fennec Pharmaceuticals (FENC) at 30.5% of the portfolio, followed by United Airlines (UAL, 11.3% ) and Regenxbio (RGNX, 11.0% ). Compared with Q1 2024, it opened 1 new position, sold out of 1 and reduced 5. The biggest buy was a new position in Paramount Global Class B (PARAA) and the biggest sale Regenxbio (RGNX, shares −17% ).
Location HONOLULU, HI
CIK 0001964290
Portfolio Value $48.2M (Q2 2024) Holdings 14 stocks · $48.2M Holdings quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 FENC Fennec Pharmaceuticals Inc. 2,407,357 $14.7M No change UAL United Airlines Holdings Inc. 111,785 $5.4M Reduce -34.9% RGNX Regenxbio Inc. 453,079 $5.3M Reduce -16.6% C Citigroup Inc. 80,740 $5.1M Reduce -19.9% BHF Brighthouse Financial Inc. 100,000 $4.3M No change ASTL Algoma Steel Group Inc. 400,000 $2.8M No change CEDAR FAIR LP 50,000 $2.7M Reduce -58.3% PRKS United Parks & Resorts Inc. 39,579 $2.1M Reduce -27.0% PARAA Paramount Global Class B 200,000 $2.1M New AUID Authid Inc. 125,000 $1.3M No change TROX Tronox Holdings PLC 63,055 $989K No change MURA Mural Oncology PLC 166,984 $524K No change REEAF Ree Automotive Ltd. Class A 130,673 $512K No change QURE Uniqure NV 50,000 $224K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $252K (not counted above) Security Class Shares / Principal Value Change ASTLW Algoma Steel Group Inc. -CW26 *W EXP 10/19/202 279,995 $252K No change
Total filed on the 13F, all lines: $48.4M.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ RGNX Regenxbio Inc. Reduce -16.6% 11.00% −4.18 VIRT Virtu Financial Inc. Class A Sold out 0.00% −2.72 CEDAR FAIR LP Reduce -58.3% 5.64% −1.03 UAL United Airlines Holdings Inc. Reduce -34.9% 11.29% +0.38 PRKS United Parks & Resorts Inc. Reduce -27.0% 4.46% +0.42 C Citigroup Inc. Reduce -19.9% 10.63% +2.18
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ PARAA Paramount Global Class B New 4.31% +4.31
All Filings Quarter Positions 13F Reported Value Top Holdings Q4 2024 14 $44.9M FENC, UAL, BHF, ASTL, RGNX Q3 2024 14 $43.3M FENC, UAL, BHF, RGNX, ASTL Q2 2024 14 $48.2M FENC, UAL, RGNX, C, BHF Q1 2024 14 $75.4M FENC, RGNX, UAL, C, BHF