Sona Asset Management (us) portfolio

What changed this quarter

154 positions with a change (72 new, 24 added to, 22 trimmed, 36 sold); also, 20 entered through an IPO, 25 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Invesco Exchange Traded Fund T+6.3 ppof portfolioNew
  — → 6.3%
• AES−70%fewer sharesReduced
  9.0% → 2.2%
• Ishares Tr−81%fewer sharesReduced
  7.0% → 1.0%
• iShares 1-5y INV Grade ETF−97%fewer sharesReduced
  3.8% → 0.1%
• Vanguard Int-term Corporate ETF−98%fewer sharesReduced
  3.3% → under 0.1%
• SharonAI Holdings+649%more sharesIncreased
  0.1% → 2.9%
• State Street SPDR P Long Term C ETF−2.4 ppof portfolioSold out
  3.0% → —
• iShares JP Morgan USD Emergi ETF+6,647%more sharesIncreased
  under 0.1% → 2.3%
• EchoStar+23%more sharesIncreased
  12.6% → 10.5%
• Rocket Companies+1.8 ppof portfolioNew
  — → 1.8%
• Silicon Laboratories−94%fewer sharesReduced
  2.1% → 0.1%
• Borr Drilling+1.1 ppof portfolioNew
  — → 1.1%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• EchoStarECHO10.5%
• Warner Bros. DiscoveryWBD6.6%
• Invesco Exchange Traded Fund TRSP6.3%
• AlphabetGOOGL(preferred)5.5%
• Kyivstar GroupKYIV2.9%
• SharonAI HoldingsSHAZ2.9%
• iShares JP Morgan USD Emergi ETFEMB2.3%
• AESAES2.2%
• Rocket CompaniesRKT1.8%
• Super Micro Computer(preferred)1.7%
• Blue Acquisition Corp/CaymanBACC1.6%
• Charter CommunicationsCHTR1.2%
• Borr DrillingBORR1.1%
• ViasatVSAT1.1%
• Ishares TrLQD1.0%
• Bitdeer Technologies GroupBTDR1.0%
• Service Properties Trust1.0%
• Soren AcquisitionSORN0.8%
• IheartmediaIHRT0.8%
• Lafayette Digital Acquisition Corp. IZKP0.8%
• CCC Intelligent Solutions HoldingsCCC0.7%
• Manchester UnitedMANU0.7%
• AMC Entertainment HoldingsAMC0.6%
• RRE Ventures AcquisitionRREVU(unit)0.5%
• DauchDCH0.5%
• GDS HoldingsGDS0.5%
• NextNavNN0.5%
• Fortress Value Acquisition Corp. VFVAV0.5%
• Irenic AcquisitionIACQ0.5%
• Averin Capital AcquisitionACAA0.5%
• Mountain Lake Acquisition Corp. IIMLAA0.4%
• ComcastCMCSA0.4%
• RokuROKU0.4%
• Norfolk SouthernNSC0.4%
• Cambridge AcquisitionCAQ0.4%
• Bleichroeder Acquisiti0.4%
• Digital Realty TrustDLR0.4%
• Illumination Acquisition Corp IILLU0.4%
• Keystone AcquisitionKEYY0.4%
• Revolution MedicinesRVMD0.4%
• QiagenQGEN0.4%
• Iris Acquisition Corp IIIRAB0.4%
• Oceanhawk AcquisitionOHAC0.4%
• Newhold Investment Corp IVNHIVU(unit)0.4%
• Flutter EntertainmentFLUT0.4%
• Archimedes Tech Spac Partners IIIARCI0.4%
• Muzero AcquisitionMUZE0.4%
• D. Boral ARC ACQ I0.4%
• Stubhub HoldingsSTUB0.3%
• Abony Acquisition Corp. IAACOU(unit)0.3%
• Art Technology AcquisitionARTC0.3%
• Aldabra 4 Liquidity Opportunity VehicleALOV0.3%
• Energy Transition Special OpportunitiesETSS0.3%
• Tribeca Strategic AcquisitionBIDWU(unit)0.3%
• GMR SolutionsGMRS0.3%
• Marvell TechnologyMRVL0.3%
• Axiom Intelligence Acquisition Corp 1AXIN0.3%
• Bausch & LombBLCO0.3%
• Armada Acquisition Corp. IIIAACI0.3%
• ShopifySHOP0.3%
• ChemoursCC0.3%
• RIOT PlatformsRIOT0.3%
• Mozayyx AcquisitionMZYX/U(unit)0.3%
• Black Spade Acquisition IIIBIII0.3%
• M EVO Global Acquisition Corp IIMEVO0.3%
• Legato Merger Corp. IVLEGO0.3%
• MedlineMDLN0.3%
• SandiskSNDK0.3%
• Cipher DigitalCIFR0.3%
• Meshflow AcquisitionMESH0.2%
• Hut 8HUT0.2%
• Spring Valley Acquisition Corp. IVSVIV0.2%
• CloudflareNET0.2%
• Colombier Acquisition Corp. IIICLBR0.2%
• Hennessy Capital Investment Corp. ViiiHCIC0.2%
• AI Infrastructure AcquisitionAIIA0.2%
• TXNM EnergyTXNM0.2%
• Ares CapitalARCC0.2%
• IsharesEWW0.2%
• Drugs Made In America Acquisition IIDMII0.2%
• Evolution Global AcquisitionEVOX0.2%
• Talon CapitalTLNC0.2%
• SC II AcquisitionSCII0.2%
• NVIDIANVDA0.2%
• Patriot AcquisitionPTACU(unit)0.2%
• Wilco 63WLCOU(unit)0.2%
• Idea AcquisitionIACO0.2%
• Bloom EnergyBE0.2%
• American Drive AcquisitionADAC0.2%
• Social Commerce PartnersSCPQ0.2%
• FG Imperii AcquisitionFGII0.2%
• FMCFMC0.2%
• Invesco DB Commdy Indx TrckDBC0.2%
• WEN AcquisitionWENN0.2%
• Sable OffshoreSOC0.2%
• Republic Digital AcquisitionRDAG0.2%
• Crane Harbor Acquisition Corp. IICRAN0.2%
• Inflection Point Acquisition Corp. VIIIPXG0.2%