Sonic GP LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Sonic GP LLC reported 14 stock positions worth $44.9 million. Its top holding was Fennec Pharmaceuticals (FENC) at 33.9% of the portfolio, followed by United Airlines (UAL, 11.2%) and Brighthouse Financial (BHF, 10.7%). Compared with Q3 2024, it reduced 2. The biggest sale was United Airlines (UAL, shares −54%).

Most Recent 13F
Q4 2024
Location
HONOLULU, HI
CIK
0001964290
Portfolio Value
$44.9M (Q4 2024)
SEC Filing
0001013594-25-000264 ↗ filed Feb 14, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q1 2024: $75.4M Q1 2024 Q2 2024: $48.2M Q2 2024 Q3 2024: $43.3M Q3 2024 Q4 2024: $44.9M $44.9M Q4 2024

Holdings 14 stocks · $44.9M
FENC Fennec Pharmaceuticals Inc. 33.85% 2,407,357 $15.2M No change
UAL United Airlines Holdings Inc. 11.19% 51,785 $5.0M Reduce -53.7%
BHF Brighthouse Financial Inc. 10.69% 100,000 $4.8M No change
ASTL Algoma Steel Group Inc. 8.70% 400,000 $3.9M No change
RGNX Regenxbio Inc. 6.93% 403,079 $3.1M No change
C Citigroup Inc. 6.38% 40,740 $2.9M No change
FUN Six Flags Entertainment Corp. 5.36% 50,000 $2.4M No change
PRKS United Parks & Resorts Inc. 4.95% 39,579 $2.2M No change
PARAA Paramount Global Class B 4.65% 200,000 $2.1M No change
QURE Uniqure NV 1.96% 50,000 $883K No change
AUID Authid Inc. 1.54% 115,000 $692K No change
TROX Tronox Holdings PLC 1.41% 63,055 $635K No change
MURA Mural Oncology PLC 1.20% 166,984 $538K No change
REEAF Ree Automotive Ltd. Class A 1.17% 59,576 $526K Reduce -54.4%
Other holdings (1): bonds, preferreds, convertibles and warrants · $420K (not counted above)
SecurityClassShares / PrincipalValueChange
ASTLW Algoma Steel Group Inc. -CW26 *W EXP 10/19/202 279,995$420KNo change

Total filed on the 13F, all lines: $45.4M.

Portfolio Sells Q3 2024 → Q4 2024
UAL United Airlines Holdings Inc. Reduce -53.7% 11.19% −3.55
REEAF Ree Automotive Ltd. Class A Reduce -54.4% 1.17% −0.96

Portfolio Buys Q3 2024 → Q4 2024
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 14$44.9MFENC, UAL, BHF, ASTL, RGNX
Q3 2024 14$43.3MFENC, UAL, BHF, RGNX, ASTL
Q2 2024 14$48.2MFENC, UAL, RGNX, C, BHF
Q1 2024 14$75.4MFENC, RGNX, UAL, C, BHF