ICM

Ionic Capital Management Portfolio holdings

AUM $87.9M

This Quarter Return

-0.48%

1 Year Return

+4.79%

3 Year Return

+40.54%

5 Year Return

+391.06%

10 Year Return

+385.78%

AUM

$87.9M

AUM Growth

-$13.6M (-13%)

Cap. Flow

-$8.43M

Cap. Flow % of AUM

-9.6%

Top 10 Holdings %Top 10 Hldgs %

45.08%

Holding

137

New

Increased

Reduced

Closed

Top Buys

1	STRK MicroStrategy Incorporated 8.00% Series A Perpetual Strike Preferred Stock STRK	$3.17M
2	PENN Entertainment PENN	$1.38M
3	RH RH	$1.03M
4	KKR.PRD KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock KKR.PRD	$988K
5	Flowserve FLS	$781K

Top Sells

1	Perrigo PRGO	$3.13M
2	Dun & Bradstreet DNB	$2.73M
3	MAGN Magnera Corporation MAGN	$1.77M
4	Alight ALIT	$1.56M
5	Elanco Animal Health ELAN	$1.53M

Sector Composition

1	Technology	16.5%
2	Consumer Discretionary	12.86%
3	Industrials	11.8%
4	Communication Services	4.97%
5	Materials	3.96%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Telephone and Data Systems TDS $4.3B	$940K	0.12%	24,254 +2,500	+11%	+$96.9K
27	27 Coherent COHR $15.6B	$909K	0.12%	14,000 +4,000	+40%	+$260K
28	28 SiriusXM SIRI $7.92B	$890K	0.12%	39,470	–	–
29	29 Intel INTC $99.5B	$845K	0.11%	37,191 -5,000	-12%	-$114K
30	ECG 30 Everus Construction Group, Inc. ECG $3.53B	$827K	0.11%	22,303 +4,297	+24%	+$159K
31	31 Flowserve FLS $7.16B	$781K	0.1%	+16,000	New	+$781K
32	32 iQIYI IQ $1.82B	$701K	0.09%	+310,340	New	+$701K
33	33 Joby Aviation JOBY $14.9B	$631K	0.08%	104,777 +93,856	+859%	+$565K
34	AIOT 34 PowerFleet, Inc. Common Stock AIOT $604M	$548K	0.07%	+99,846	New	+$548K
35	X 35 DELISTED US Steel X	$542K	0.07%	12,821 -100	-0.8%	-$4.23K
36	36 Alibaba BABA $280B	$529K	0.07%	+4,000	New	+$529K
37	37 Core Scientific CORZ $4.09B	$507K	0.07%	+70,000	New	+$507K
38	38 Arm ARM $166B	$502K	0.07%	+4,700	New	+$502K
39	39 Atlanta Braves Holdings Series B BATRK $2.91B	$468K	0.06%	11,689 +3,000	+35%	+$120K
40	40 Eli Lilly LLY $684B	$454K	0.06%	+550	New	+$454K
41	NCZ 41 Virtus Convertible & Income Fund II NCZ $243M	$447K	0.06%	38,706 -116,121	-75%	-$1.34M
42	42 Manchester United MANU $3.03B	$447K	0.06%	34,180	–	–
43	43 Amazon AMZN $2.38T	$438K	0.06%	2,300 -100	-4%	-$19K
44	NBIS 44 Nebius Group N.V. Class A Ordinary Shares NBIS $12.9B	$403K	0.05%	19,100 +4,100	+27%	+$86.6K
45	45 iPath Series B S&P 500 VIX Short-Term Futures ETN VXX $331M	$402K	0.05%	7,815	–	–
46	46 MicroStrategy MSTR $127B	$400K	0.05%	1,386 +17	+1%	+$4.9K
47	AZEK 47 DELISTED The AZEK Co AZEK	$391K	0.05%	+8,000	New	+$391K
48	48 James Hardie Industries plc JHX $15.4B	$377K	0.05%	+16,000	New	+$377K
49	49 iShares Bitcoin Trust IBIT $83.6B	$372K	0.05%	7,941 -2,059	-21%	-$96.4K
50	NCV 50 Virtus Convertible & Income Fund NCV $319M	$362K	0.05%	28,013 -84,042	-75%	-$1.09M