# Ionic Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1386462. Source: https://holderbook.com/funds/1386462-ionic-capital-management-llc/

- Reported value: $690.3M
- Positions: 112
- Weight of the ten largest: 87.7%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $559.8M | 0 | 81.1% | 9 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $11.9M | 0 | 1.7% | 5 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $6.5M | 40,253 | 0.9% | 23 |
| UNITY SOFTWARE INC | - | $4.9M | 4,350,000 | 0.7% | 2 |
| ETSY INC | - | $4.6M | 3,925,000 | 0.7% | 1 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $4.1M | 34,686 | 0.6% | 2 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $3.7M | 0 | 0.5% | 2 |
| TRAVEL PLUS LEISURE CO | [TNL](https://holderbook.com/stocks/TNL/) | $3.5M | 46,089 | 0.5% | 22 |
| CONSTELLIUM SE | [CSTM](https://holderbook.com/stocks/CSTM/) | $3.5M | 109,822 | 0.5% | 25 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.1M | 5,489 | 0.4% | 8 |
| JAMES HARDIE INDS PLC | [JHX](https://holderbook.com/stocks/JHX/) | $3.0M | 116,127 | 0.4% | 4 |
| GXO LOGISTICS INCORPORATED | [GXO](https://holderbook.com/stocks/GXO/) | $2.8M | 56,082 | 0.4% | 17 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.8M | 19,306 | 0.4% | 2 |
| YETI HLDGS INC | [YETI](https://holderbook.com/stocks/YETI/) | $2.7M | 55,000 | 0.4% | 5 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $2.4M | 62,000 | 0.3% | 2 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $2.3M | 4,865 | 0.3% | 2 |
| FLOWSERVE CORP | [FLS](https://holderbook.com/stocks/FLS/) | $2.3M | 31,000 | 0.3% | 6 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $2.3M | 1,016 | 0.3% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.2M | 1,918 | 0.3% | 4 |
| GLOBUS MED INC | [GMED](https://holderbook.com/stocks/GMED/) | $2.2M | 27,796 | 0.3% | 10 |
| PRIMO BRANDS CORPORATION | [PRMB](https://holderbook.com/stocks/PRMB/) | $2.2M | 89,606 | 0.3% | 5 |
| SOLSTICE ADVANCED MATLS INC | [SOLS](https://holderbook.com/stocks/SOLS/) | $2.2M | 24,500 | 0.3% | 3 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $2.0M | 9,800 | 0.3% | 1 |
| RESIDEO TECHNOLOGIES INC | [REZI](https://holderbook.com/stocks/REZI/) | $2.0M | 63,095 | 0.3% | 2 |
| EXZEO GROUP INC | [XZO](https://holderbook.com/stocks/XZO/) | $2.0M | 116,077 | 0.3% | 3 |
| STRATEGY INC | [STRK](https://holderbook.com/stocks/STRK/) | $1.9M | 33,059 | 0.3% | 6 |
| STANDARDAERO INC | [SARO](https://holderbook.com/stocks/SARO/) | $1.9M | 65,003 | 0.3% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.9M | 0 | 0.3% | 1 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $1.6M | 6,370 | 0.2% | 4 |
| POWERFLEET INC | [AIOT](https://holderbook.com/stocks/AIOT/) | $1.6M | 423,936 | 0.2% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.5M | 4,037 | 0.2% | 8 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $1.5M | 7,500 | 0.2% | 1 |
| NUVEEN S&P 500 DYNAMIC OVERW | [SPXX](https://holderbook.com/stocks/SPXX/) | $1.4M | 76,369 | 0.2% | 2 |
| RH | [RH](https://holderbook.com/stocks/RH/) | $1.4M | 8,628 | 0.2% | 6 |
| NUVEEN NASDAQ 100 DYNAMIC OV | [QQQX](https://holderbook.com/stocks/QQQX/) | $1.3M | 43,447 | 0.2% | 12 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $1.2M | 4,325 | 0.2% | 2 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $1.1M | 0 | 0.2% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.1M | 1,898 | 0.2% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.1M | 3,668 | 0.2% | 4 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $1.0M | 5,002 | 0.1% | 2 |
| WESTERN AST INFL LKD OPP & I | [WIW](https://holderbook.com/stocks/WIW/) | $964.2K | 114,788 | 0.1% | 8 |
| CLEANSPARK INC | [CLSK](https://holderbook.com/stocks/CLSK/) | $957.4K | 65,800 | 0.1% | 2 |
| BRIGHTSTAR LOTTERY PLC | [BRSL](https://holderbook.com/stocks/BRSL/) | $942.5K | 87,916 | 0.1% | 1 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $900.1K | 13,000 | 0.1% | 1 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $892.9K | 2,150 | 0.1% | 1 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $827.9K | 2,735 | 0.1% | 1 |
| SUPER MICRO COMPUTER INC | [SMCIP](https://holderbook.com/stocks/SMCIP/) | $818.8K | 15,758 | 0.1% | 1 |
| ORACLE CORP | [ORCLPRD](https://holderbook.com/stocks/ORCLPRD/) | $741.7K | 16,500 | 0.1% | 2 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $722.5K | 842 | 0.1% | 2 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $719.9K | 9,542 | 0.1% | 6 |
| LISTED FDS TR | [MAGS](https://holderbook.com/stocks/MAGS/) | $709.4K | 11,033 | 0.1% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $703.9K | 3,518 | 0.1% | 13 |
| MANCHESTER UTD PLC NEW | [MANU](https://holderbook.com/stocks/MANU/) | $669.9K | 29,214 | 0.1% | 17 |
| NORTHERN DYNASTY MINERALS LT | [NAK](https://holderbook.com/stocks/NAK/) | $663.7K | 345,686 | 0.1% | 5 |
| ROCKET COS INC | [RKT](https://holderbook.com/stocks/RKT/) | $631.0K | 1,266 | 0.1% | 1 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $627.5K | 23,537 | 0.1% | 3 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $613.1K | 6,114 | 0.1% | 2 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $600.5K | 6,257 | 0.1% | 10 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $583.8K | 1,133 | 0.1% | 2 |
| PERSHING SQUARE INC | - | $548.8K | 0 | 0.1% | 1 |
| ZIM INTEGRATED SHIPPING SERV | [ZIM](https://holderbook.com/stocks/ZIM/) | $527.0K | 20,268 | 0.1% | 2 |
| BRIGHTHOUSE FINL INC | [BHF](https://holderbook.com/stocks/BHF/) | $507.0K | 8,009 | 0.1% | 4 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $486.9K | 0 | 0.1% | 1 |
| CANTOR EQUITY PARTNERS II IN | [CEPT](https://holderbook.com/stocks/CEPT/) | $472.8K | 31,230 | 0.1% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $466.4K | 1,957 | 0.1% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $460.9K | 1,109 | 0.1% | 3 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $450.6K | 10,436 | 0.1% | 2 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $449.8K | 1,233 | 0.1% | 2 |
| BLACKROCK CORPOR HI YLD FD I | [HYT](https://holderbook.com/stocks/HYT/) | $448.8K | 52,431 | 0.1% | 3 |
| ATLANTA BRAVES HLDGS INC | [BATRK](https://holderbook.com/stocks/BATRK/) | $439.9K | 8,475 | 0.1% | 7 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $423.4K | 1,346 | 0.1% | 1 |
| GLOBALSTAR INC | [GSAT](https://holderbook.com/stocks/GSAT/) | $423.0K | 5,203 | 0.1% | 1 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $411.4K | 642 | 0.1% | 4 |
| CORE SCIENTIFIC INC NEW | [CORZ](https://holderbook.com/stocks/CORZ/) | $409.4K | 16,000 | 0.1% | 6 |
| VIRTUS DIVIDEND INTEREST & P | [NFJ](https://holderbook.com/stocks/NFJ/) | $408.4K | 26,888 | 0.1% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $402.7K | 3,452 | 0.1% | 6 |
| ALCOA CORP | [AA](https://holderbook.com/stocks/AA/) | $396.3K | 7,600 | 0.1% | 1 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $390.3K | 7,300 | 0.1% | 2 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $371.7K | 4,183 | 0.1% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $361.8K | 1,024 | 0.1% | 1 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $341.7K | 0 | 0.0% | 1 |
| BIGBEAR AI HLDGS INC | [BBAI](https://holderbook.com/stocks/BBAI/) | $327.8K | 89,327 | 0.0% | 3 |
| APPLIED DIGITAL CORP | [APLD](https://holderbook.com/stocks/APLD/) | $326.6K | 8,755 | 0.0% | 1 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $296.2K | 8,800 | 0.0% | 2 |
| ATLANTA BRAVES HLDGS INC | [BATRA](https://holderbook.com/stocks/BATRA/) | $292.2K | 5,190 | 0.0% | 7 |
| VISHAY INTERTECHNOLOGY INC | [VSH](https://holderbook.com/stocks/VSH/) | $268.9K | 5,000 | 0.0% | 1 |
| WESTERN ASSET HIGH YIELD OPP | [HYI](https://holderbook.com/stocks/HYI/) | $254.8K | 23,973 | 0.0% | 3 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $235.7K | 1,612 | 0.0% | 7 |
| SPERO THERAPEUTICS INC | [SPRO](https://holderbook.com/stocks/SPRO/) | $227.0K | 102,698 | 0.0% | 5 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $222.3K | 3,549 | 0.0% | 3 |
| HADRON ENERGY INC | [HDRNW](https://holderbook.com/stocks/HDRNW/) | $215.0K | 105,896 | 0.0% | 1 |
| IRON HORSE ACQUISIT II CORP | [IRHO](https://holderbook.com/stocks/IRHO/) | $189.3K | 18,875 | 0.0% | 1 |
| ALPHA TAU MEDICAL LTD | [DRTSW](https://holderbook.com/stocks/DRTSW/) | $160.1K | 54,286 | 0.0% | 2 |
| NUSCALE PWR CORP | [SMR](https://holderbook.com/stocks/SMR/) | $150.4K | 15,000 | 0.0% | 2 |
| GEN DIGITAL INC | [GENVR](https://holderbook.com/stocks/GENVR/) | $125.4K | 99,164 | 0.0% | 5 |
| ZOOMINFO TECHNOLOGIES INC | [GTM](https://holderbook.com/stocks/GTM/) | $117.2K | 0 | 0.0% | 7 |
| GCT SEMICONDUCTOR HLDG INC | [GCTSWS](https://holderbook.com/stocks/GCTSWS/) | $91.2K | 186,223 | 0.0% | 6 |
| AIRJOULE TECHNOLOGIES CORP | [AIRJW](https://holderbook.com/stocks/AIRJW/) | $88.3K | 67,917 | 0.0% | 1 |
| SIZZLE ACQUISITION CORP. II | [SZZLR](https://holderbook.com/stocks/SZZLR/) | $48.1K | 295,887 | 0.0% | 1 |
| SIZZLE ACQUISITION CORP. II | [SZZL](https://holderbook.com/stocks/SZZL/) | $34.9K | 3,366 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2026 | -2.5% | -4.6% | +2.1% | 77% |
| Q4 2025 | +4.1% | +2.4% | +1.8% | 86% |
| Q3 2025 | +10.4% | +7.8% | +2.6% | 72% |
| Q2 2025 | +15.9% | +10.5% | +5.5% | 61% |
| Q1 2025 | -9.1% | -4.6% | -4.6% | 67% |
| Q4 2024 | +3.1% | +2.1% | +0.9% | 63% |
| Q3 2023 | -9.6% | -3.6% | -6.0% | 67% |
| Q2 2023 | +1.7% | +8.3% | -6.6% | 71% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $690.3M | 112 |
| Q1 2026 | $1.4B | 150 |
| Q4 2025 | $785.9M | 134 |
| Q3 2025 | $958.5M | 118 |
| Q2 2025 | $349.4M | 129 |
| Q1 2025 | $763.1M | 111 |
| Q4 2024 | $977.0M | 92 |
| Q3 2024 | $577.5M | 130 |
| Q2 2024 | $585.9M | 136 |
| Q1 2024 | $310.3M | 132 |
| Q4 2023 | $407.7M | 170 |
| Q3 2023 | $410.6M | 222 |