ION Fund Management Ltd Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$857.4M

Holdings

62

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (62 positions)

#StockSharesValue% PortfolioType
1
TEVATEVA PHARMACEUTICAL INDS LTD
4,050,000$126.4M14.74%
2
DKDELEK US HLDGS INC NEW
1,767,601$52.4M6.11%
3
CHKPCHECK POINT SOFTWARE TECH LT
254,122$47.2M5.50%
4
ILMNILLUMINA INC
332,000$43.5M5.08%
5
DACDANAOS CORPORATION
419,815$39.5M4.61%
6
AERAERCAP HOLDINGS NV
265,000$38.1M4.44%
7
TEAMATLASSIAN CORPORATION
230,700$37.4M4.36%
8
FCXFREEPORT-MCMORAN INC
650,000$33.0M3.85%Put
9
PHINPHINIA INC
515,000$32.3M3.77%
10
CSGPCOSTAR GROUP INC
461,000$31.0M3.62%
11
VALEVALE S A
2,307,100$30.1M3.51%Call
12
PRGOPERRIGO CO PLC
1,760,000$24.5M2.86%
13
NMMNAVIOS MARITIME PARTNERS L P
466,000$24.4M2.85%
14
LWLAMB WESTON HLDGS INC
562,314$23.6M2.75%
15
SEDGSOLAREDGE TECHNOLOGIES INC
796,000$23.0M2.68%
16
SLVISHARES SILVER TR
345,475$22.3M2.60%
17
GDXVANECK ETF TRUST
244,630$21.0M2.45%
18
NXENEXGEN ENERGY LTD
1,996,940$18.4M2.14%
19
RIGTRANSOCEAN LTD
4,396,123$18.2M2.12%
20
DDDUPONT DE NEMOURS INC
449,610$18.1M2.11%
21
CIENCIENA CORP
76,000$17.8M2.07%
22
QQNITY ELECTRONICS INC
204,300$16.7M1.95%
23
VRNSVARONIS SYS INC
480,000$15.7M1.84%
24
XYZBLOCK INC
180,000$11.7M1.37%
25
CRWVCOREWEAVE INC
146,900$10.5M1.23%Put
26
TTMITTM TECHNOLOGIES INC
140,000$9.7M1.13%
27
OKTAOKTA INC
100,000$8.6M1.01%
28
AMZNAMAZON COM INC
20,000$4.6M0.54%
29
IBKRINTERACTIVE BROKERS GROUP IN
70,000$4.5M0.52%
30
MNDYMONDAY COM LTD
30,000$4.4M0.52%
31
METAMETA PLATFORMS INC
6,000$4.0M0.46%
32
GLBEGLOBAL E ONLINE LTD
100,000$3.9M0.46%
33
MSFTMICROSOFT CORP
8,000$3.9M0.45%
34
FRSHFRESHWORKS INC
250,000$3.1M0.36%
35
PANWPALO ALTO NETWORKS INC
16,000$2.9M0.34%
36
GQ9SPDR GOLD TR
6,535$2.6M0.30%
37
SILGLOBAL X FDS
28,655$2.4M0.28%
38
MICCMAGNUM ICE CREAM CO NV
127,691$2.0M0.24%
39
IBITISHARES BITCOIN TRUST ETF
40,000$2.0M0.23%
40
GDXJVANECK ETF TRUST
17,370$2.0M0.23%
41
AEMAGNICO EAGLE MINES LTD
10,000$1.7M0.20%
42
WPMWHEATON PRECIOUS METALS CORP
13,695$1.6M0.19%
43
CMICUMMINS INC
3,085$1.6M0.18%
44
PARRPAR PAC HOLDINGS INC
32,065$1.1M0.13%
45
HALHALLIBURTON CO
36,300$1.0M0.12%
46
XOMEXXON MOBIL CORP
8,290$997K0.12%
47
NSCNORFOLK SOUTHN CORP
3,335$962K0.11%
48
SLBSLB LIMITED
24,000$921K0.11%
49
RGLDROYAL GOLD INC
4,100$911K0.11%
50
SCCOSOUTHERN COPPER CORP
6,117$877K0.10%
51
NTRNUTRIEN LTD
14,150$873K0.10%
52
FL9CVR ENERGY INC
33,385$849K0.10%
53
KTOSKRATOS DEFENSE & SEC SOLUTIO
11,015$836K0.10%
54
VALVALARIS LTD
16,275$820K0.10%
55
MPMP MATERIALS CORP
16,215$819K0.10%
56
CRCLCIRCLE INTERNET GROUP INC
10,000$793K0.09%
57
RTXRTX CORPORATION
4,150$761K0.09%
58
GNKGENCO SHIPPING & TRADING LTD
36,465$672K0.08%
59
MOSMOSAIC CO NEW
27,150$654K0.08%
60
GLNGGOLAR LNG LTD
16,000$595K0.07%
61
SBLKSTAR BULK CARRIERS CORP.
30,270$581K0.07%
62
SHCSOTERA HEALTH CO
10,000$176K0.02%