Ionic Capital Management LLC

CIK: 0001386462SEC EDGAR →

Portfolio Value

$785.9M

Holdings

134

As of

Q4 2025

New Positions

38

Closed Positions

50

Top 10 Holdings

RankStockSharesValue% of Portfolio
1
HYGPut

ISHARES TR

4,600,000$370.9M
47.19%
2
IWMPut

ISHARES TR

600,000$147.7M
18.79%
3

AURORA INNOVATION INC

538,267$121.0M
15.40%
4

LIVEWIRE GROUP INC

1,522,201$95.0M
12.09%
5

NET POWER INC

163,972$81.0M
10.31%
6

BLUE GOLD LTD

134,194$56.0M
7.13%
7
EEMCall

ISHARES TR

1,000,000$54.7M
6.96%
8

EVOLV TECHNOLOGIES HLDNGS IN

197,268$53.0M
6.74%
9

GCT SEMICONDUCTOR HLDG INC

673,000$50.0M
6.36%
10

BLAIZE HLDGS INC

84,427$33.0M
4.20%

Quarterly Changes

Top Buys

IWM↑ Increased
$50.9M
VWAVW↑ Increased
$48.7M
BGL↑ Increased
$44.0M
$29.0M
$23.0M

Top Sells

HYG↓ Decreased
$136.5M
EEM↓ Decreased
$132.2M
AUROW↓ Decreased
$120.6M
NPWR/WS↓ Decreased
$80.8M
BZAIW↓ Decreased
$32.9M

New Positions (54)

$29.0M · 73K shares
$23.0M · 68K shares
$9.0M · 24K shares
$7.0M · 65K shares
$4.1M · 34K shares
$3.2M · 3.5M shares
$2.8M · 3.0M shares
$2.6M · 10K shares
$2.6M · 30K shares
$2.0M · 608K shares
$1.7M · 2.0M shares
$1.5M · 3K shares
$1.3M · 9K shares
$1.2M · 25K shares
$1.1M · 57K shares
$1.1M · 100K shares
$1.0M · 35K shares
$971K · 35K shares
$898K · 100K shares
$793K · 36K shares
$785K · 125K shares
$737K · 70K shares
$682K · 45K shares
$678K · 4K shares
$668K · 7K shares
$630K · 43K shares
$578K · 65K shares
$545K · 3K shares
$515K · 40K shares
$482K · 3K shares
$444K · 26K shares
$444K · 15K shares
$418K · 1K shares
$394K · 35K shares
$364K · 25K shares
$338K · 25K shares
$327K · 14K shares
$293K · 15K shares
$291K · 54K shares
$259K · 3K shares
$247K · 185K shares
$243K · 4K shares
$235K · 3K shares
$232K · 3K shares
$213K · 19K shares
$175K · 20K shares
$154K · 101K shares
$95K · 145K shares
$61K · 100K shares
$50K · 56K shares
$41K · 15K shares
$31K · 61K shares
$25K · 31K shares
$0 · 100 shares

Closed Positions (38)

$3.5M · 46K shares
$2.5M · 14K shares
$2.0M · 75K shares
$1.6M · 125K shares
$1.6M · 191K shares
$1.5M · 85K shares
$1.4M · 50K shares
$1.4M · 125K shares
$1.4M · 6K shares
$1.4M · 57K shares
$1.3M · 233K shares
$1.1M · 29K shares
$1.1M · 9K shares
$1.0M · 8K shares
$962K · 5K shares
$902K · 26K shares
$843K · 6K shares
$832K · 6K shares
$803K · 100K shares
$793K · 17K shares
$787K · 8K shares
$774K · 800 shares
$728K · 106K shares
$724K · 6K shares
$672K · 50K shares
$637K · 25K shares
$590K · 3K shares
GSR III ACQUISITION CORP
$518K · 50K shares
$499K · 18K shares
$473K · 100K shares
$345K · 12K shares
$334K · 50K shares
$314K · 52K shares
$302K · 2K shares
$254K · 75K shares
$245K · 5K shares
$211K · 11K shares
$203K · 10K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services25$631.2M46.4%
Technology46$323.9M23.8%
Unknown16$293.1M21.5%
Basic Materials10$68.0M5.0%
Industrials9$13.5M1.0%
Consumer Cyclical9$12.9M0.9%
Communication Services10$6.3M0.5%
Energy2$4.1M0.3%
Healthcare3$3.6M0.3%
Consumer Defensive1$2.4M0.2%
Utilities1$1.0M0.1%
Real Estate2$751K0.1%