Filed: 8/14/2025ACC: 0000929638-25-003039
📋 What this filing means
IONIC CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 129 equity positions with a total reported market value of $349.40M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
129
Positions
$349.40M
Total AUM (reported)
35.25M
Total Shares
Allocation by class
IBOXX HI YD ETF$100.81M28.9%
MSCI EMG MKT ETF$96.48M27.6%
COM$45.32M13.0%
MSCI BRAZIL ETF$23.08M6.6%
COMMON STOCK$7.97M2.3%
COM NEW$7.27M2.1%
COM CL A$6.31M1.8%
Portfolio Concentration
Top 3$220.37M63.1%
4–10$32.80M9.4%
11–25$37.85M10.8%
Rest$58.38M16.7%
Top 3 weight
63.1%
Top 10 weight
72.5%
Voting Authority Distribution
Total shares with voting rights: 35.25M
Sole
Full voting authority
35.25M
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
Other129
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings129
Rows:
ISHARES TR
DFNDShares1.25M
TypeSH
Market value$100.81M
28.85%
Sole
1.25M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares2M
TypeSH
Market value$96.48M
27.61%
Sole
2M
Shared
0.00
None
0.00
ISHARES INC
DFNDShares800K
TypeSH
Market value$23.08M
6.61%
Sole
800K
Shared
0.00
None
0.00
CANADIAN NATL RY CO
DFNDShares58.50K
TypeSH
Market value$6.09M
1.74%
Sole
58.50K
Shared
0.00
None
0.00
WAYFAIR INC
DFNDShares5M
TypePRN
Market value$5.71M
1.63%
Sole
5M
Shared
0.00
None
0.00
MARA HOLDINGS INC
DFNDShares6.05M
TypePRN
Market value$5.47M
1.57%
Sole
6.05M
Shared
0.00
None
0.00
ENPHASE ENERGY INC
DFNDShares5.50M
TypePRN
Market value$4.51M
1.29%
Sole
5.50M
Shared
0.00
None
0.00
GEN DIGITAL INC
DFNDShares135K
TypeSH
Market value$3.97M
1.14%
Sole
135K
Shared
0.00
None
0.00
GXO LOGISTICS INCORPORATED
DFNDShares75.45K
TypeSH
Market value$3.67M
1.05%
Sole
75.45K
Shared
0.00
None
0.00
MICROSTRATEGY INC
DFNDShares27.97K
TypeSH
Market value$3.38M
0.97%
Sole
27.97K
Shared
0.00
None
0.00
COEUR MNG INC
DFNDShares360.99K
TypeSH
Market value$3.20M
0.92%
Sole
360.99K
Shared
0.00
None
0.00
AURORA INNOVATION INC
DFNDShares600K
TypeSH
Market value$3.14M
0.90%
Sole
600K
Shared
0.00
None
0.00
FLEX LTD
DFNDShares61.25K
TypeSH
Market value$3.06M
0.88%
Sole
61.25K
Shared
0.00
None
0.00
ALIGHT INC
DFNDShares527.75K
TypeSH
Market value$2.99M
0.85%
Sole
527.75K
Shared
0.00
None
0.00
TRAVEL PLUS LEISURE CO
DFNDShares57.59K
TypeSH
Market value$2.97M
0.85%
Sole
57.59K
Shared
0.00
None
0.00
CONSTELLIUM SE
DFNDShares218.57K
TypeSH
Market value$2.91M
0.83%
Sole
218.57K
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares15.70K
TypeSH
Market value$2.77M
0.79%
Sole
15.70K
Shared
0.00
None
0.00
ATMUS FILTRATION TECHNOLOGIE
DFNDShares75.36K
TypeSH
Market value$2.74M
0.79%
Sole
75.36K
Shared
0.00
None
0.00
GLOBUS MED INC
DFNDShares41.80K
TypeSH
Market value$2.47M
0.71%
Sole
41.80K
Shared
0.00
None
0.00
JOBY AVIATION INC
DFNDShares201K
TypeSH
Market value$2.12M
0.61%
Sole
201K
Shared
0.00
None
0.00
RH
DFNDShares10.70K
TypeSH
Market value$2.02M
0.58%
Sole
10.70K
Shared
0.00
None
0.00
PENN ENTERTAINMENT INC
DFNDShares112.16K
TypeSH
Market value$2.00M
0.57%
Sole
112.16K
Shared
0.00
None
0.00
AVANTOR INC
DFNDShares136.34K
TypeSH
Market value$1.84M
0.53%
Sole
136.34K
Shared
0.00
None
0.00
NUVEEN NASDAQ 100 DYNAMIC OV
DFNDShares69.15K
TypeSH
Market value$1.83M
0.52%
Sole
69.15K
Shared
0.00
None
0.00
WESTERN DIGITAL CORP
DFNDShares1M
TypePRN
Market value$1.79M
0.51%
Sole
1M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | IBOXX HI YD ETF | 1.25M | SH | $100.81M 28.85% | 1.25M | 0.00 | 0.00 |
ISHARES TRDFND | MSCI EMG MKT ETF | 2M | SH | $96.48M 27.61% | 2M | 0.00 | 0.00 |
ISHARES INCDFND | MSCI BRAZIL ETF | 800K | SH | $23.08M 6.61% | 800K | 0.00 | 0.00 |
CANADIAN NATL RY CODFND | COM | 58.50K | SH | $6.09M 1.74% | 58.50K | 0.00 | 0.00 |
WAYFAIR INCDFND | NOTE 3.250% 9/1 | 5M | PRN | $5.71M 1.63% | 5M | 0.00 | 0.00 |
MARA HOLDINGS INCDFND | NOTE 1.000%12/0 | 6.05M | PRN | $5.47M 1.57% | 6.05M | 0.00 | 0.00 |
ENPHASE ENERGY INCDFND | NOTE 3/0 | 5.50M | PRN | $4.51M 1.29% | 5.50M | 0.00 | 0.00 |
GEN DIGITAL INCDFND | COM | 135K | SH | $3.97M 1.14% | 135K | 0.00 | 0.00 |
GXO LOGISTICS INCORPORATEDDFND | COMMON STOCK | 75.45K | SH | $3.67M 1.05% | 75.45K | 0.00 | 0.00 |
MICROSTRATEGY INCDFND | SERIES A PERP PF | 27.97K | SH | $3.38M 0.97% | 27.97K | 0.00 | 0.00 |
COEUR MNG INCDFND | COM NEW | 360.99K | SH | $3.20M 0.92% | 360.99K | 0.00 | 0.00 |
AURORA INNOVATION INCDFND | CLASS A COM | 600K | SH | $3.14M 0.90% | 600K | 0.00 | 0.00 |
FLEX LTDDFND | ORD | 61.25K | SH | $3.06M 0.88% | 61.25K | 0.00 | 0.00 |
ALIGHT INCDFND | COM CL A | 527.75K | SH | $2.99M 0.85% | 527.75K | 0.00 | 0.00 |
TRAVEL PLUS LEISURE CODFND | COM | 57.59K | SH | $2.97M 0.85% | 57.59K | 0.00 | 0.00 |
CONSTELLIUM SEDFND | CL A SHS | 218.57K | SH | $2.91M 0.83% | 218.57K | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 15.70K | SH | $2.77M 0.79% | 15.70K | 0.00 | 0.00 |
ATMUS FILTRATION TECHNOLOGIEDFND | COM | 75.36K | SH | $2.74M 0.79% | 75.36K | 0.00 | 0.00 |
GLOBUS MED INCDFND | CL A | 41.80K | SH | $2.47M 0.71% | 41.80K | 0.00 | 0.00 |
JOBY AVIATION INCDFND | COMMON STOCK | 201K | SH | $2.12M 0.61% | 201K | 0.00 | 0.00 |
RHDFND | COM | 10.70K | SH | $2.02M 0.58% | 10.70K | 0.00 | 0.00 |
PENN ENTERTAINMENT INCDFND | COM | 112.16K | SH | $2.00M 0.57% | 112.16K | 0.00 | 0.00 |
AVANTOR INCDFND | COM | 136.34K | SH | $1.84M 0.53% | 136.34K | 0.00 | 0.00 |
NUVEEN NASDAQ 100 DYNAMIC OVDFND | COM SHS | 69.15K | SH | $1.83M 0.52% | 69.15K | 0.00 | 0.00 |
WESTERN DIGITAL CORPDFND | NOTE 3.000%11/1 | 1M | PRN | $1.79M 0.51% | 1M | 0.00 | 0.00 |
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