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Sonic Gp 13F annual report

Sonic Gp is an investment fund managing more than $48.2 billion ran by Lawrence Kam. There are currently 14 companies in Mr. Kam’s portfolio. The largest investments include Fennec Pharmaceuticals Inc and United Airls Hldgs Inc, together worth $20.1 billion.

$48.2 billion Assets Under Management (AUM)

As of 7th August 2024, Sonic Gp’s top holding is 2,407,357 shares of Fennec Pharmaceuticals Inc currently worth over $14.7 billion and making up 30.5% of the portfolio value. Relative to the number of outstanding shares of Fennec Pharmaceuticals Inc, Sonic Gp owns less than approximately 0.1% of the company. In addition, the fund holds 111,785 shares of United Airls Hldgs Inc worth $5.44 billion. The third-largest holding is Regenxbio Inc worth $5.3 billion and the next is Citigroup Inc worth $5.12 billion, with 80,740 shares owned.

Currently, Sonic Gp's portfolio is worth at least $48.2 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Sonic Gp

The Sonic Gp office and employees reside in Honolulu, Hawaii. According to the last 13-F report filed with the SEC, Lawrence Kam serves as the Managing Member at Sonic Gp.

Recent trades

In the most recent 13F filing, Sonic Gp revealed that it had opened a new position in Paramount Global and bought 200,000 shares worth $2.08 billion.

On the other hand, there are companies that Sonic Gp is getting rid of from its portfolio. Sonic Gp closed its position in Virtu Finl Inc on 14th August 2024. It sold the previously owned 100,000 shares for $2.05 billion. Lawrence Kam also disclosed a decreased stake in United Airls Hldgs Inc by 0.3%. This leaves the value of the investment at $5.44 billion and 111,785 shares.

One of the smallest hedge funds

The two most similar investment funds to Sonic Gp are G2vp I Associates and Bluemar Capital Management. They manage $48.2 billion and $48 billion respectively.


Lawrence Kam investment strategy

Sonic Gp’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Health Care — making up 41.5% of the total portfolio value. The fund focuses on investments in the United States as 35.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 7% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $19.3 billion.

The complete list of Sonic Gp trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Fennec Pharmaceuticals Inc
No change
2,407,357
$14,708,951,000 30.53%
United Airls Hldgs Inc
34.93%
111,785
$5,439,458,000 11.29%
Regenxbio Inc
16.57%
453,079
$5,301,024,000 11.00%
Citigroup Inc
19.85%
80,740
$5,123,760,000 10.63%
Brighthouse Finl Inc
No change
100,000
$4,334,000,000 8.99%
Algoma Stl Group Inc
No change
400,000
$2,784,000,000 5.78%
Cedar Fair L P
58.33%
50,000
$2,717,500,000 5.64%
United Parks & Resorts Inc.
27.02%
39,579
$2,149,535,000 4.46%
Paramount Global
Opened
200,000
$2,078,000,000 4.31%
Virtu Finl Inc
Closed
100,000
$2,052,000,000
Authid Inc
No change
125,000
$1,297,500,000 2.69%
Tronox Holdings plc
No change
63,055
$989,333,000 2.05%
Mural Oncology Pub Ltd Co
No change
166,984
$524,330,000 1.09%
Ree Automotive Ltd
No change
130,673
$511,846,000 1.06%
Uniqure Nv
No change
50,000
$224,000,000 0.46%
No transactions found
Showing first 500 out of 15 holdings

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