Filed: 11/14/2025ACC: 0000929638-25-004285
📋 What this filing means
IONIC CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 118 equity positions with a total reported market value of $958.49M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
118
Positions
$958.49M
Total AUM (reported)
28.07M
Total Shares
Allocation by class
IBOXX HI YD ETF$507.44M52.9%
MSCI EMG MKT ETF$186.90M19.5%
RUSSELL 2000 ETF$96.78M10.1%
COM$46.77M4.9%
MSCI BRAZIL ETF$37.20M3.9%
COM NEW$10.25M1.1%
CL A$7.95M0.8%
Portfolio Concentration
Top 3$791.12M82.5%
4–10$61.94M6.5%
11–25$35.72M3.7%
Rest$69.72M7.3%
Top 3 weight
82.5%
Top 10 weight
89.0%
Voting Authority Distribution
Total shares with voting rights: 28.07M
Sole
Full voting authority
28.07M
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
Other118
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings118
Rows:
ISHARES TR
DFNDShares6.25M
TypeSH
Market value$507.44M
52.94%
Sole
6.25M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares3.50M
TypeSH
Market value$186.90M
19.50%
Sole
3.50M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares400K
TypeSH
Market value$96.78M
10.10%
Sole
400K
Shared
0.00
None
0.00
ISHARES INC
DFNDShares1.20M
TypeSH
Market value$37.20M
3.88%
Sole
1.20M
Shared
0.00
None
0.00
COEUR MNG INC
DFNDShares300K
TypeSH
Market value$5.63M
0.59%
Sole
300K
Shared
0.00
None
0.00
GXO LOGISTICS INCORPORATED
DFNDShares78.45K
TypeSH
Market value$4.15M
0.43%
Sole
78.45K
Shared
0.00
None
0.00
GEN DIGITAL INC
DFNDShares146.12K
TypeSH
Market value$4.15M
0.43%
Sole
146.12K
Shared
0.00
None
0.00
STRATEGY INC
DFNDShares42.21K
TypeSH
Market value$3.87M
0.40%
Sole
42.21K
Shared
0.00
None
0.00
VANECK ETF TRUST
DFNDShares45.99K
TypeSH
Market value$3.51M
0.37%
Sole
45.99K
Shared
0.00
None
0.00
TRAVEL PLUS LEISURE CO
DFNDShares57.59K
TypeSH
Market value$3.43M
0.36%
Sole
57.59K
Shared
0.00
None
0.00
CONSTELLIUM SE
DFNDShares218.57K
TypeSH
Market value$3.25M
0.34%
Sole
218.57K
Shared
0.00
None
0.00
ON SEMICONDUCTOR CORP
DFNDShares3.50M
TypePRN
Market value$3.24M
0.34%
Sole
3.50M
Shared
0.00
None
0.00
ATMUS FILTRATION TECHNOLOGIE
DFNDShares68.36K
TypeSH
Market value$3.08M
0.32%
Sole
68.36K
Shared
0.00
None
0.00
FLEX LTD
DFNDShares49.25K
TypeSH
Market value$2.86M
0.30%
Sole
49.25K
Shared
0.00
None
0.00
GLOBUS MED INC
DFNDShares46.60K
TypeSH
Market value$2.67M
0.28%
Sole
46.60K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
DFNDShares14.26K
TypeSH
Market value$2.55M
0.27%
Sole
14.26K
Shared
0.00
None
0.00
PRIMO BRANDS CORPORATION
DFNDShares102.44K
TypeSH
Market value$2.26M
0.24%
Sole
102.44K
Shared
0.00
None
0.00
INTEL CORP
DFNDShares65K
TypeSH
Market value$2.18M
0.23%
Sole
65K
Shared
0.00
None
0.00
RH
DFNDShares10.70K
TypeSH
Market value$2.17M
0.23%
Sole
10.70K
Shared
0.00
None
0.00
GAMESTOP CORP NEW
DFNDShares75K
TypeSH
Market value$2.05M
0.21%
Sole
75K
Shared
0.00
None
0.00
COHERENT CORP
DFNDShares18K
TypeSH
Market value$1.94M
0.20%
Sole
18K
Shared
0.00
None
0.00
NUVEEN NASDAQ 100 DYNAMIC OV
DFNDShares69.15K
TypeSH
Market value$1.90M
0.20%
Sole
69.15K
Shared
0.00
None
0.00
POWERFLEET INC
DFNDShares354.98K
TypeSH
Market value$1.86M
0.19%
Sole
354.98K
Shared
0.00
None
0.00
FLOWSERVE CORP
DFNDShares35K
TypeSH
Market value$1.86M
0.19%
Sole
35K
Shared
0.00
None
0.00
ALIGHT INC
DFNDShares567.75K
TypeSH
Market value$1.85M
0.19%
Sole
567.75K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | IBOXX HI YD ETF | 6.25M | SH | $507.44M 52.94% | 6.25M | 0.00 | 0.00 |
ISHARES TRDFND | MSCI EMG MKT ETF | 3.50M | SH | $186.90M 19.50% | 3.50M | 0.00 | 0.00 |
ISHARES TRDFND | RUSSELL 2000 ETF | 400K | SH | $96.78M 10.10% | 400K | 0.00 | 0.00 |
ISHARES INCDFND | MSCI BRAZIL ETF | 1.20M | SH | $37.20M 3.88% | 1.20M | 0.00 | 0.00 |
COEUR MNG INCDFND | COM NEW | 300K | SH | $5.63M 0.59% | 300K | 0.00 | 0.00 |
GXO LOGISTICS INCORPORATEDDFND | COMMON STOCK | 78.45K | SH | $4.15M 0.43% | 78.45K | 0.00 | 0.00 |
GEN DIGITAL INCDFND | COM | 146.12K | SH | $4.15M 0.43% | 146.12K | 0.00 | 0.00 |
STRATEGY INCDFND | SERIES A PERP PF | 42.21K | SH | $3.87M 0.40% | 42.21K | 0.00 | 0.00 |
VANECK ETF TRUSTDFND | GOLD MINERS ETF | 45.99K | SH | $3.51M 0.37% | 45.99K | 0.00 | 0.00 |
TRAVEL PLUS LEISURE CODFND | COM | 57.59K | SH | $3.43M 0.36% | 57.59K | 0.00 | 0.00 |
CONSTELLIUM SEDFND | CL A SHS | 218.57K | SH | $3.25M 0.34% | 218.57K | 0.00 | 0.00 |
ON SEMICONDUCTOR CORPDFND | NOTE 0.500% 3/0 | 3.50M | PRN | $3.24M 0.34% | 3.50M | 0.00 | 0.00 |
ATMUS FILTRATION TECHNOLOGIEDFND | COM | 68.36K | SH | $3.08M 0.32% | 68.36K | 0.00 | 0.00 |
FLEX LTDDFND | ORD | 49.25K | SH | $2.86M 0.30% | 49.25K | 0.00 | 0.00 |
GLOBUS MED INCDFND | CL A | 46.60K | SH | $2.67M 0.28% | 46.60K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDDFND | SPONSORED ADS | 14.26K | SH | $2.55M 0.27% | 14.26K | 0.00 | 0.00 |
PRIMO BRANDS CORPORATIONDFND | CLASS A COM SHS | 102.44K | SH | $2.26M 0.24% | 102.44K | 0.00 | 0.00 |
INTEL CORPDFND | COM | 65K | SH | $2.18M 0.23% | 65K | 0.00 | 0.00 |
RHDFND | COM | 10.70K | SH | $2.17M 0.23% | 10.70K | 0.00 | 0.00 |
GAMESTOP CORP NEWDFND | CL A | 75K | SH | $2.05M 0.21% | 75K | 0.00 | 0.00 |
COHERENT CORPDFND | COM | 18K | SH | $1.94M 0.20% | 18K | 0.00 | 0.00 |
NUVEEN NASDAQ 100 DYNAMIC OVDFND | COM SHS | 69.15K | SH | $1.90M 0.20% | 69.15K | 0.00 | 0.00 |
POWERFLEET INCDFND | COM | 354.98K | SH | $1.86M 0.19% | 354.98K | 0.00 | 0.00 |
FLOWSERVE CORPDFND | COM | 35K | SH | $1.86M 0.19% | 35K | 0.00 | 0.00 |
ALIGHT INCDFND | COM CL A | 567.75K | SH | $1.85M 0.19% | 567.75K | 0.00 | 0.00 |
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