Filed: 2/17/2026ACC: 0000929638-26-000662
📋 What this filing means
IONIC CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 134 equity positions with a total reported market value of $785.89M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
134
Positions
$785.89M
Total AUM (reported)
32.96M
Total Shares
Allocation by class
IBOXX HI YD ETF$370.90M47.2%
RUSSELL 2000 ETF$147.70M18.8%
UNIT SER 1$61.43M7.8%
COM$56.69M7.2%
MSCI EMG MKT ETF$54.71M7.0%
MSCI BRAZIL ETF$22.24M2.8%
CL A$7.76M1.0%
Portfolio Concentration
Top 3$580.02M73.8%
4–10$96.81M12.3%
11–25$41.90M5.3%
Rest$67.15M8.5%
Top 3 weight
73.8%
Top 10 weight
86.1%
Voting Authority Distribution
Total shares with voting rights: 32.96M
Sole
Full voting authority
32.96M
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
Other134
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings134
Rows:
ISHARES TR
DFNDShares4.60M
TypeSH
Market value$370.90M
47.19%
Sole
4.60M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares600K
TypeSH
Market value$147.70M
18.79%
Sole
600K
Shared
0.00
None
0.00
INVESCO QQQ TR
DFNDShares100K
TypeSH
Market value$61.43M
7.82%
Sole
100K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares1M
TypeSH
Market value$54.71M
6.96%
Sole
1M
Shared
0.00
None
0.00
ISHARES INC
DFNDShares700K
TypeSH
Market value$22.24M
2.83%
Sole
700K
Shared
0.00
None
0.00
CONSTELLIUM SE
DFNDShares218.57K
TypeSH
Market value$4.12M
0.52%
Sole
218.57K
Shared
0.00
None
0.00
EXXON MOBIL CORP
DFNDShares34K
TypeSH
Market value$4.09M
0.52%
Sole
34K
Shared
0.00
None
0.00
TRAVEL PLUS LEISURE CO
DFNDShares57.59K
TypeSH
Market value$4.06M
0.52%
Sole
57.59K
Shared
0.00
None
0.00
GEN DIGITAL INC
DFNDShares146.12K
TypeSH
Market value$3.97M
0.51%
Sole
146.12K
Shared
0.00
None
0.00
GXO LOGISTICS INCORPORATED
DFNDShares68.58K
TypeSH
Market value$3.61M
0.46%
Sole
68.58K
Shared
0.00
None
0.00
CONFLUENT INC
DFNDShares113.70K
TypeSH
Market value$3.44M
0.44%
Sole
113.70K
Shared
0.00
None
0.00
ON SEMICONDUCTOR CORP
DFNDShares3.50M
TypePRN
Market value$3.32M
0.42%
Sole
3.50M
Shared
0.00
None
0.00
ARRAY TECHNOLOGIES INC
DFNDShares3.50M
TypePRN
Market value$3.17M
0.40%
Sole
3.50M
Shared
0.00
None
0.00
ATMUS FILTRATION TECHNOLOGIE
DFNDShares60K
TypeSH
Market value$3.11M
0.40%
Sole
60K
Shared
0.00
None
0.00
PLANET LABS PBC
DFNDShares152K
TypeSH
Market value$3.00M
0.38%
Sole
152K
Shared
0.00
None
0.00
FLEX LTD
DFNDShares49.25K
TypeSH
Market value$2.98M
0.38%
Sole
49.25K
Shared
0.00
None
0.00
VARONIS SYS INC
DFNDShares3M
TypePRN
Market value$2.79M
0.36%
Sole
3M
Shared
0.00
None
0.00
POWERFLEET INC
DFNDShares519.98K
TypeSH
Market value$2.77M
0.35%
Sole
519.98K
Shared
0.00
None
0.00
GLOBUS MED INC
DFNDShares31.60K
TypeSH
Market value$2.76M
0.35%
Sole
31.60K
Shared
0.00
None
0.00
SALESFORCE INC
DFNDShares10K
TypeSH
Market value$2.65M
0.34%
Sole
10K
Shared
0.00
None
0.00
VANECK ETF TRUST
DFNDShares29.86K
TypeSH
Market value$2.56M
0.33%
Sole
29.86K
Shared
0.00
None
0.00
RH
DFNDShares13.90K
TypeSH
Market value$2.49M
0.32%
Sole
13.90K
Shared
0.00
None
0.00
PRIMO BRANDS CORPORATION
DFNDShares147.44K
TypeSH
Market value$2.41M
0.31%
Sole
147.44K
Shared
0.00
None
0.00
STRATEGY INC
DFNDShares28.77K
TypeSH
Market value$2.27M
0.29%
Sole
28.77K
Shared
0.00
None
0.00
YETI HLDGS INC
DFNDShares49.50K
TypeSH
Market value$2.19M
0.28%
Sole
49.50K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | IBOXX HI YD ETF | 4.60M | SH | $370.90M 47.19% | 4.60M | 0.00 | 0.00 |
ISHARES TRDFND | RUSSELL 2000 ETF | 600K | SH | $147.70M 18.79% | 600K | 0.00 | 0.00 |
INVESCO QQQ TRDFND | UNIT SER 1 | 100K | SH | $61.43M 7.82% | 100K | 0.00 | 0.00 |
ISHARES TRDFND | MSCI EMG MKT ETF | 1M | SH | $54.71M 6.96% | 1M | 0.00 | 0.00 |
ISHARES INCDFND | MSCI BRAZIL ETF | 700K | SH | $22.24M 2.83% | 700K | 0.00 | 0.00 |
CONSTELLIUM SEDFND | CL A SHS | 218.57K | SH | $4.12M 0.52% | 218.57K | 0.00 | 0.00 |
EXXON MOBIL CORPDFND | COM | 34K | SH | $4.09M 0.52% | 34K | 0.00 | 0.00 |
TRAVEL PLUS LEISURE CODFND | COM | 57.59K | SH | $4.06M 0.52% | 57.59K | 0.00 | 0.00 |
GEN DIGITAL INCDFND | COM | 146.12K | SH | $3.97M 0.51% | 146.12K | 0.00 | 0.00 |
GXO LOGISTICS INCORPORATEDDFND | COMMON STOCK | 68.58K | SH | $3.61M 0.46% | 68.58K | 0.00 | 0.00 |
CONFLUENT INCDFND | CLASS A COM | 113.70K | SH | $3.44M 0.44% | 113.70K | 0.00 | 0.00 |
ON SEMICONDUCTOR CORPDFND | NOTE 0.500% 3/0 | 3.50M | PRN | $3.32M 0.42% | 3.50M | 0.00 | 0.00 |
ARRAY TECHNOLOGIES INCDFND | NOTE 1.000%12/0 | 3.50M | PRN | $3.17M 0.40% | 3.50M | 0.00 | 0.00 |
ATMUS FILTRATION TECHNOLOGIEDFND | COM | 60K | SH | $3.11M 0.40% | 60K | 0.00 | 0.00 |
PLANET LABS PBCDFND | COM CL A | 152K | SH | $3.00M 0.38% | 152K | 0.00 | 0.00 |
FLEX LTDDFND | ORD | 49.25K | SH | $2.98M 0.38% | 49.25K | 0.00 | 0.00 |
VARONIS SYS INCDFND | NOTE 1.000% 9/1 | 3M | PRN | $2.79M 0.36% | 3M | 0.00 | 0.00 |
POWERFLEET INCDFND | COM | 519.98K | SH | $2.77M 0.35% | 519.98K | 0.00 | 0.00 |
GLOBUS MED INCDFND | CL A | 31.60K | SH | $2.76M 0.35% | 31.60K | 0.00 | 0.00 |
SALESFORCE INCDFND | COM | 10K | SH | $2.65M 0.34% | 10K | 0.00 | 0.00 |
VANECK ETF TRUSTDFND | GOLD MINERS ETF | 29.86K | SH | $2.56M 0.33% | 29.86K | 0.00 | 0.00 |
RHDFND | COM | 13.90K | SH | $2.49M 0.32% | 13.90K | 0.00 | 0.00 |
PRIMO BRANDS CORPORATIONDFND | CLASS A COM SHS | 147.44K | SH | $2.41M 0.31% | 147.44K | 0.00 | 0.00 |
STRATEGY INCDFND | SERIES A PERP PF | 28.77K | SH | $2.27M 0.29% | 28.77K | 0.00 | 0.00 |
YETI HLDGS INCDFND | COM | 49.50K | SH | $2.19M 0.28% | 49.50K | 0.00 | 0.00 |
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