Skip to main content
Livermore
Livermore
ZHEN

Sona Asset Management (US) LLC

SEC CIK
0001856405
Latest filing
Aug 14, 2026

The latest 13F from Sona Asset Management (US) LLC covers Q2 2026 (filed Aug 14, 2026): 390 long positions worth $2.68B. The top 10 holdings make up 39.4% of the portfolio, and the largest is EchoStar CORP (ECHO) at 8.7%. Livermore has 20 filings on Form 13F from this institution, going back to Q4 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
138
Est. +$972.5M
Added
24
Est. +$210.8M
Reduced
22
Est. −$479.2M
Sold out
53
Est. −$633.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. ECHOEchoStar CORP
    8.7%$232.2MHistory
  2. WBDWarner Bros. Discovery, Inc.
    5.5%$146.5MHistory
  3. Invesco Exchange Traded FD T46137V357
    5.2%$137.9M
  4. BILL Holdings, Inc.090043AF7
    4.8%$129.7M
  5. Trip.com Group Ltd89677QAB3
    3.5%$93.6M

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco Exchange Traded FD T46137V357
    +$137.9MNew
  2. Etsy Inc29786AAN6
    +$71.0MNew
  3. GOOGNAlphabet Inc.
    +$62.4MNewHistory
  4. SHAZSharonAI Holdings Inc.
    +$55.0MAddedHistory
  5. iShares Tr464288281
    +$51.0MAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Invesco Exchange Traded FD T46137V357
    +5.15 pp0.0% → 5.2%
  2. Etsy Inc29786AAN6
    +2.65 pp0.0% → 2.6%
  3. GOOGNAlphabet Inc.
    +2.33 pp0.0% → 2.3%History
  4. SHAZSharonAI Holdings Inc.
    +2.28 pp0.1% → 2.4%History
  5. iShares Tr464288281
    +1.90 pp<0.1% → 1.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Li Auto Inc.50202MAB8
    −$249.7MSold out
  2. AESAES Corp
    −$113.5MReducedHistory
  3. Akamai Technologies Inc00971TAN1
    −$106.7MSold out
  4. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    −$98.7MReduced
  5. iShares Tr464288646
    −$64.1MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Li Auto Inc.50202MAB8
    −9.59 pp9.6% → 0.0%
  2. AESAES Corp
    −4.16 pp6.0% → 1.8%History
  3. Akamai Technologies Inc00971TAN1
    −4.10 pp4.1% → 0.0%
  4. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    −3.81 pp4.7% → 0.9%
  5. iShares Tr464288646
    −2.47 pp2.5% → 0.1%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.68B
+$72.7M (+2.8%) vs. prior quarter
Positions
390
+85 vs. prior quarter
Top 10 concentration
39.4%
Top 10 as share of value
Turnover
42.1%
Q2 2026, one quarter
Average holding period
2.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $3.08B (Q4 2025)

Q4 2021: $188.5MQ1 2022: $85.8MQ2 2022: $102.8MQ3 2022: $168.5MQ4 2022: $347.3MQ1 2023: $465.0MQ2 2023: $427.9MQ3 2023: $747.6MQ4 2023: $1.08BQ1 2024: $1.15BQ2 2024: $1.23BQ3 2024: $1.90BQ4 2024: $1.94BQ1 2025: $2.63BQ2 2025: $2.96BQ3 2025: $2.54BQ4 2025: $3.08BQ1 2026: $2.61BQ2 2026: $2.68B
Q4 2021Q2 2026
13F filings of Sona Asset Management (US) LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026390$2.68BECHOWBDInvesco Exchange Traded FD Tvs. Q1 2026SEC
Q1 2026May 15, 2026305$2.61BLi Auto Inc.ECHOWBDvs. Q4 2025SEC
Q4 2025Feb 17, 2026120$3.08BiShares Iboxx $ Investment Grade Corporate Bond ETFOn Semiconductor CorpNSCvs. Q3 2025SEC
Q3 2025Nov 14, 2025113$2.54BAlibaba Group Hldg LtdApollo Global Mgmt InciShares Trvs. Q2 2025SEC
Q2 2025Aug 14, 202594$2.96BiShares Iboxx $ Investment Grade Corporate Bond ETFApollo Global Mgmt IncAlibaba Group Hldg Ltdvs. Q1 2025SEC
Q1 2025May 15, 202582$2.63BiShares Iboxx $ Investment Grade Corporate Bond ETFAirbnb, Inc.Apollo Global Mgmt Incvs. Q4 2024SEC
Q4 2024Feb 14, 202573$1.94BRoyal Caribbean GroupSea LtdAmerican Airls Group Incvs. Q3 2024SEC
Q3 2024Nov 14, 202477$1.90BRoyal Caribbean GroupPinduoduo IncSea Ltdvs. Q2 2024SEC
Q2 2024Aug 14, 202458$1.23BRoyal Caribbean GroupWayfair Inc.Sea Ltdvs. Q1 2024SEC
Q1 2024May 21, 2024Amended61$1.15BRoyal Caribbean GroupALB.PASea Ltdvs. Q4 2023SEC
Q4 2023Feb 13, 202449$1.08BApollo Global Mgmt IncRoyal Caribbean GroupUnited States STL Corp Newvs. Q3 2023SEC
Q3 2023Nov 14, 2023112$747.6MApollo Global Mgmt IncInsight Enterprises IncNCL Corp Ltdvs. Q2 2023SEC
Q2 2023Aug 11, 2023134$427.9MInsight Enterprises IncDropbox, Inc.Unity Software Inc.vs. Q1 2023SEC
Q1 2023May 15, 2023162$465.0MiShares TrOak STR Health IncInsight Enterprises Incvs. Q4 2022SEC
Q4 2022Feb 13, 2023274$347.3MiShares TrTio Tech AVTNRvs. Q3 2022SEC
Q3 2022Nov 14, 2022341$168.5MiShares Iboxx $ Investment Grade Corporate Bond ETFTio Tech AiShares Trvs. Q2 2022SEC
Q2 2022Aug 15, 2022335$102.8MTio Tech ATB SA Acquisition CorpTWTRvs. Q1 2022SEC
Q1 2022May 13, 2022251$85.8MTio Tech ATB SA Acquisition CorpArtisan Acquisition Corpvs. Q4 2021SEC
Q4 2021Feb 11, 2022334$188.5MMongoDB, Inc.Tio Tech AiQIYI, Inc.–SEC

13D and 13G filings

Companies where Sona Asset Management (US) LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

3 companies, largest stake first.

Companies where Sona Asset Management (US) LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
BACCBlue Acquisition Corp/Cayman13G/A16.00%3.34M shares+6.60 ppfrom 9.40%Feb 17, 20262 filingsMar 6, 2026SEC
SORNSoren Acquisition Corp.13G7.00%1.85M sharesNewMay 15, 20261 filingMay 15, 2026SEC
ZKPLafayette Digital Acquisition Corp. I13G5.70%1.68M sharesNewMay 15, 20261 filingMay 15, 2026SEC

Latest filings

8 filings on file made by Sona Asset Management (US) LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Sona Asset Management (US) LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
SORNSoren Acquisition Corp.May 15, 20266:05 PM ET13G7.00%1.85M sharesNewMar 31, 2026SEC
ZKPLafayette Digital Acquisition Corp. IMay 15, 20266:03 PM ET13G5.70%1.68M sharesNewMar 31, 2026SEC
BACCBlue Acquisition Corp/CaymanMar 6, 20264:22 PM ET13G/A16.00%3.34M shares+6.60 ppfrom 9.40%Feb 28, 2026SEC
BACCBlue Acquisition Corp/CaymanFeb 17, 20264:14 PM ET13G9.40%1.96M sharesNewDec 31, 2025SEC
Cohen Circle Acquisition Corp. IClass A ordinary shares, par value $0.0001 per shareNov 14, 20254:31 PM ET13G/A0.00%0 shares−7.84 ppfrom 7.84%Below 5%Sep 30, 2025SEC
Cohen Circle Acquisition Corp. IClass A ordinary shares, par value $0.0001 per shareMay 15, 20254:50 PM ET13G7.84%1.86M sharesNewMar 31, 2025SEC
GFRGreenfire Resources Ltd.Nov 12, 202413G/AOld format–––SEC
GFRGreenfire Resources Ltd.Feb 6, 202413GOld format–New–SEC