ICM

Ionic Capital Management Portfolio holdings

AUM $87.9M

AUM

$87.9M

AUM Growth

-$13.6M (-13%)

Cap. Flow

+$4.35M

Cap. Flow % of AUM

4.95%

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	Dun & Bradstreet DNB	$2.73M
2	Alight ALIT	$1.56M
3	NCZ Virtus Convertible & Income Fund II NCZ	$1.34M
4	Flex FLEX	$1.22M
5	NCV Virtus Convertible & Income Fund NCV	$1.09M

Sector Composition

1	Technology	16.5%
2	Industrials	14.95%
3	Consumer Discretionary	9.71%
4	Communication Services	4.97%
5	Materials	3.96%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 Super Micro Computer SMCI $25.5B	$360K	0.05%	10,521 -1,979	-16%	-$67.8K
52	52 Coeur Mining CDE $5.02B	$351K	0.05%	59,235	New	+$351K
53	53 Advanced Micro Devices AMD $184B	$343K	0.04%	3,340 -560	-14%	-$57.5K
54	54 Palantir PLTR $296B	$315K	0.04%	3,734	New	+$315K
55	55 United States Cellular USM $5.09B	$305K	0.04%	4,408	New	+$305K
56	56 Capri Holdings CPRI $2.21B	$296K	0.04%	15,000	New	+$296K
57	57 VanEck Gold Miners ETF GDX $14.8B	$276K	0.04%	6,000	New	+$276K
58	58 Coinbase COIN $66.6B	$276K	0.04%	1,600 -300	-16%	-$51.7K
59	59 Flywire FLYW $1.44B	$232K	0.03%	24,471	New	+$232K
60	60 Tesla TSLA $1.11T	$220K	0.03%	850 -350	-29%	-$90.7K
61	ABLLW 61 Abacus Life Warrant ABLLW $172M	$214K	0.03%	134,395	New	+$214K
62	62 Royal Caribbean RCL $67.7B	$213K	0.03%	1,036	New	+$213K
63	63 Atlanta Braves Holdings Series A BATRA $2.77B	$211K	0.03%	4,819	–	–
64	64 Viking Holdings VIK $19.8B	$202K	0.03%	5,078	New	+$202K
65	65 Carnival Corp CCL $31B	$201K	0.03%	10,312	New	+$201K
66	66 Paysafe PSFE $738M	$194K	0.03%	12,368	New	+$194K
67	GATEW 67 DELISTED Marblegate Acquisition Corp. Warrant GATEW	$190K	0.03%	1,190,045	–	–
68	AEVA 68 Aeva Technologies AEVA $823M	$123K	0.02%	17,575	New	+$123K
69	69 NET Power Inc. Redeemable warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 NPWR.WS	$76.3K	0.01%	250,000	New	+$76.3K
70	GATE 70 DELISTED Marblegate Acquisition Corp. Class A Common Stock GATE	$73.6K	0.01%	3,753	New	+$73.6K
71	71 CompoSecure, Inc. Warrant CMPOW $504M	$72.4K	0.01%	18,958 -270,704	-93%	-$1.03M
72	72 Global Blue Group Holding AG Warrants exercisable for one Ordinary Share of Global Blue Group Holding AG at a price of $11.50 per share GB.WS $2.93M	$47.3K	0.01%	2,130,088	–	–
73	73 Southland Holdings, Inc. Redeemable Warrants, each whole warrant exercisable for shares of common stock at an exercise price of $11.50 per share SLND.WS $9.71M	$44.1K	0.01%	274,981	–	–
74	GCTS.WS 74 GCT Semiconductor Holding, Inc. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 GCTS.WS $3.95M	$41.5K	0.01%	573,000	New	+$41.5K
75	75 Southland Holdings SLND $200M	$40.3K	0.01%	13,484 -29,305	-68%	-$87.6K