SONA ASSET MANAGEMENT (US) LLC

Comprehensive Analysis of SEC 13F Filing: SONA ASSET MANAGEMENT (US) LLC Reporting Period: Q3 2025 (Report Date: September 30, 2025)

1. Portfolio Overview

SONA Asset Management reported a significant contraction in portfolio value during Q3 2025, with total assets under management (AUM) decreasing by 26.3%, from $3.56 billion to $2.62 billion. This reduction was not solely attributable to market performance but was driven by a substantial strategic pivot in asset allocation. The fir...