Filed: 2/14/2025ACC: 0000929638-25-000778
📋 What this filing means
IONIC CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 92 equity positions with a total reported market value of $977.03M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
92
Positions
$977.03M
Total AUM (reported)
55.30M
Total Shares
Allocation by class
IBOXX HI YD ETF$794.95M81.4%
COM$40.50M4.1%
UNIT SER 1$25.56M2.6%
MSCI EMG MKT ETF$20.91M2.1%
SPONSORED ADS$9.00M0.9%
COMMON STOCK$8.53M0.9%
SHS$7.58M0.8%
Portfolio Concentration
Top 3$841.43M86.1%
4–10$36.46M3.7%
11–25$49.41M5.1%
Rest$49.74M5.1%
Top 3 weight
86.1%
Top 10 weight
89.9%
Voting Authority Distribution
Total shares with voting rights: 55.30M
Sole
Full voting authority
55.30M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other92
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings92
Rows:
ISHARES TR
DFNDShares10.11M
TypeSH
Market value$794.95M
81.36%
Sole
10.11M
Shared
0.00
None
0.00
INVESCO QQQ TR
DFNDShares50K
TypeSH
Market value$25.56M
2.62%
Sole
50K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares500K
TypeSH
Market value$20.91M
2.14%
Sole
500K
Shared
0.00
None
0.00
ALIGHT INC
DFNDShares806.25K
TypeSH
Market value$5.58M
0.57%
Sole
806.25K
Shared
0.00
None
0.00
MARA HOLDINGS INC
DFNDShares6.05M
TypePRN
Market value$5.50M
0.56%
Sole
6.05M
Shared
0.00
None
0.00
DUN & BRADSTREET HLDGS INC
DFNDShares434.59K
TypeSH
Market value$5.42M
0.55%
Sole
434.59K
Shared
0.00
None
0.00
WAYFAIR INC
DFNDShares5.80M
TypePRN
Market value$5.39M
0.55%
Sole
5.80M
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
DFNDShares60.40K
TypeSH
Market value$5.12M
0.52%
Sole
60.40K
Shared
0.00
None
0.00
LUMENTUM HLDGS INC
DFNDShares5M
TypePRN
Market value$4.85M
0.50%
Sole
5M
Shared
0.00
None
0.00
SNAP INC
DFNDShares5.62M
TypePRN
Market value$4.61M
0.47%
Sole
5.62M
Shared
0.00
None
0.00
GXO LOGISTICS INCORPORATED
DFNDShares98.27K
TypeSH
Market value$4.27M
0.44%
Sole
98.27K
Shared
0.00
None
0.00
AURORA INNOVATION INC
DFNDShares675K
TypeSH
Market value$4.25M
0.44%
Sole
675K
Shared
0.00
None
0.00
UNITED STATES STL CORP NEW
DFNDShares120.52K
TypeSH
Market value$4.10M
0.42%
Sole
120.52K
Shared
0.00
None
0.00
PDD HOLDINGS INC
DFNDShares40K
TypeSH
Market value$3.88M
0.40%
Sole
40K
Shared
0.00
None
0.00
FLEX LTD
DFNDShares98.02K
TypeSH
Market value$3.76M
0.39%
Sole
98.02K
Shared
0.00
None
0.00
ATMUS FILTRATION TECHNOLOGIE
DFNDShares89.16K
TypeSH
Market value$3.49M
0.36%
Sole
89.16K
Shared
0.00
None
0.00
TRAVEL PLUS LEISURE CO
DFNDShares69.05K
TypeSH
Market value$3.48M
0.36%
Sole
69.05K
Shared
0.00
None
0.00
DIGITALOCEAN HLDGS INC
DFNDShares3.50M
TypePRN
Market value$3.14M
0.32%
Sole
3.50M
Shared
0.00
None
0.00
PERRIGO CO PLC
DFNDShares121.60K
TypeSH
Market value$3.13M
0.32%
Sole
121.60K
Shared
0.00
None
0.00
KBR INC
DFNDShares51.13K
TypeSH
Market value$2.96M
0.30%
Sole
51.13K
Shared
0.00
None
0.00
CONSTELLIUM SE
DFNDShares281.39K
TypeSH
Market value$2.89M
0.30%
Sole
281.39K
Shared
0.00
None
0.00
ZIM INTEGRATED SHIPPING SERV
DFNDShares134.10K
TypeSH
Market value$2.88M
0.29%
Sole
134.10K
Shared
0.00
None
0.00
BROADCOM INC
DFNDShares12K
TypeSH
Market value$2.78M
0.28%
Sole
12K
Shared
0.00
None
0.00
CONFLUENT INC
DFNDShares2.50M
TypePRN
Market value$2.25M
0.23%
Sole
2.50M
Shared
0.00
None
0.00
NEWMONT CORP
DFNDShares57.40K
TypeSH
Market value$2.14M
0.22%
Sole
57.40K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | IBOXX HI YD ETF | 10.11M | SH | $794.95M 81.36% | 10.11M | 0.00 | 0.00 |
INVESCO QQQ TRDFND | UNIT SER 1 | 50K | SH | $25.56M 2.62% | 50K | 0.00 | 0.00 |
ISHARES TRDFND | MSCI EMG MKT ETF | 500K | SH | $20.91M 2.14% | 500K | 0.00 | 0.00 |
ALIGHT INCDFND | COM CL A | 806.25K | SH | $5.58M 0.57% | 806.25K | 0.00 | 0.00 |
MARA HOLDINGS INCDFND | NOTE 1.000%12/0 | 6.05M | PRN | $5.50M 0.56% | 6.05M | 0.00 | 0.00 |
DUN & BRADSTREET HLDGS INCDFND | COM | 434.59K | SH | $5.42M 0.55% | 434.59K | 0.00 | 0.00 |
WAYFAIR INCDFND | NOTE 1.000% 8/1 | 5.80M | PRN | $5.39M 0.55% | 5.80M | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDDFND | SPONSORED ADS | 60.40K | SH | $5.12M 0.52% | 60.40K | 0.00 | 0.00 |
LUMENTUM HLDGS INCDFND | NOTE 0.500% 6/1 | 5M | PRN | $4.85M 0.50% | 5M | 0.00 | 0.00 |
SNAP INCDFND | NOTE 0.125% 3/0 | 5.62M | PRN | $4.61M 0.47% | 5.62M | 0.00 | 0.00 |
GXO LOGISTICS INCORPORATEDDFND | COMMON STOCK | 98.27K | SH | $4.27M 0.44% | 98.27K | 0.00 | 0.00 |
AURORA INNOVATION INCDFND | CLASS A COM | 675K | SH | $4.25M 0.44% | 675K | 0.00 | 0.00 |
UNITED STATES STL CORP NEWDFND | COM | 120.52K | SH | $4.10M 0.42% | 120.52K | 0.00 | 0.00 |
PDD HOLDINGS INCDFND | SPONSORED ADS | 40K | SH | $3.88M 0.40% | 40K | 0.00 | 0.00 |
FLEX LTDDFND | ORD | 98.02K | SH | $3.76M 0.39% | 98.02K | 0.00 | 0.00 |
ATMUS FILTRATION TECHNOLOGIEDFND | COM | 89.16K | SH | $3.49M 0.36% | 89.16K | 0.00 | 0.00 |
TRAVEL PLUS LEISURE CODFND | COM | 69.05K | SH | $3.48M 0.36% | 69.05K | 0.00 | 0.00 |
DIGITALOCEAN HLDGS INCDFND | NOTE 12/0 | 3.50M | PRN | $3.14M 0.32% | 3.50M | 0.00 | 0.00 |
PERRIGO CO PLCDFND | SHS | 121.60K | SH | $3.13M 0.32% | 121.60K | 0.00 | 0.00 |
KBR INCDFND | COM | 51.13K | SH | $2.96M 0.30% | 51.13K | 0.00 | 0.00 |
CONSTELLIUM SEDFND | CL A SHS | 281.39K | SH | $2.89M 0.30% | 281.39K | 0.00 | 0.00 |
ZIM INTEGRATED SHIPPING SERVDFND | SHS | 134.10K | SH | $2.88M 0.29% | 134.10K | 0.00 | 0.00 |
BROADCOM INCDFND | COM | 12K | SH | $2.78M 0.28% | 12K | 0.00 | 0.00 |
CONFLUENT INCDFND | NOTE 1/1 | 2.50M | PRN | $2.25M 0.23% | 2.50M | 0.00 | 0.00 |
NEWMONT CORPDFND | COM | 57.40K | SH | $2.14M 0.22% | 57.40K | 0.00 | 0.00 |
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