We are live on ! Find out more
ICM

Ionic Capital Management Portfolio holdings

AUM $1.37B
1-Year Est. Return 48.26%
This Fund
S&P 500
This Quarter Est. Return
+7.74%
1 Year Est. Return
+48.26%
3 Year Est. Return
+102.88%
5 Year Est. Return
+263.79%
10 Year Est. Return
+1,986.54%
AUM
$786M
AUM Growth
-$173M
Cap. Flow
-$189M
Cap. Flow %
-24.1%
Top 10 Hldgs %
85.14%
Holding
189
New
56
Increased
16
Reduced
46
Closed
42

Top Buys

Rank Stock Value
1
VVR icon
Invesco Senior Income Trust
VVR
+$2.01M
2
MSFT icon
Microsoft
MSFT
+$1.55M
3
CFLT
Confluent
CFLT
+$1.35M
4
GTM
ZoomInfo Technologies
GTM
+$1.23M
5
SOLS
Solstice Advanced Materials
SOLS
+$1.15M

Top Sells

Rank Stock Value
1
CCCX
Churchill Capital Corp X
CCCX
+$1.61M
2
COHR icon
Coherent
COHR
+$1.5M
3
HPE icon
Hewlett Packard
HPE
+$1.4M
4
STRK
Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock
STRK
+$1.16M
5
TDS icon
Telephone and Data Systems
TDS
+$1.15M

Sector Composition

Rank Sector Weight
1 Technology 3.03%
2 Consumer Discretionary 2.12%
3 Materials 1.09%
4 Industrials 0.93%
5 Communication Services 0.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UNF icon
76
Unifirst Corp
UNF
$5.24B
$482K 0.06%
+2,500
New +$422K
AMZN icon
77
Amazon
AMZN
$2.51T
$473K 0.06%
2,050
– –
SPRO icon
78
Spero Therapeutics
SPRO
$67.2M
$457K 0.06%
195,939
-12,786
-6% -$29.7K
SIRI icon
79
SiriusXM
SIRI
$10.1B
$450K 0.06%
22,500
-7,500
-25% -$161K
SCHL icon
80
Scholastic
SCHL
$857M
$444K 0.06%
+15,000
New +$430K
IQ icon
81
iQIYI
IQ
$1.17B
$444K 0.06%
+231,424
New +$495K
WOLF icon
82
Wolfspeed
WOLF
$1.35B
$444K 0.06%
+25,519
New +$585K
BATRK icon
83
Atlanta Braves Holdings Series B
BATRK
$3.21B
$422K 0.05%
10,689
-3,500
-25% -$138K
ETHA
84
iShares Ethereum Trust ETF
ETHA
$5.27B
$419K 0.05%
18,672
-10,750
-37% -$281K
UNH icon
85
UnitedHealth
UNH
$385B
$419K 0.05%
+1,268
New +$430K
KGC icon
86
Kinross Gold
KGC
$28.3B
$408K 0.05%
+14,500
New +$377K
CEPT
87
DELISTED
Cantor Equity Partners II
CEPT
$394K 0.05%
+35,000
New +$395K
MSTR icon
88
PUT
Strategy Inc
MSTR
$34.2B
$380K 0.05%
2,500
-800
-24% -$184K
CORZ icon
89
Core Scientific
CORZ
$7.62B
$364K 0.05%
+25,000
New +$436K
BLDR icon
90
CALL
Builders FirstSource
BLDR
$7.59B
$360K 0.05%
+3,500
New +$393K
CZR icon
91
Caesars Entertainment
CZR
$6.09B
$351K 0.04%
15,000
-45,000
-75% -$1.01M
STUB
92
CALL
StubHub Holdings
STUB
$3.2B
$338K 0.04%
+25,000
New +$393K
XZO
93
Exzeo Group
XZO
$1.35B
$328K 0.04%
+13,519
New +$257K
BLDR icon
94
Builders FirstSource
BLDR
$7.59B
$309K 0.04%
3,000
-6,000
-67% -$674K
SSTK icon
95
Shutterstock
SSTK
$212M
$294K 0.04%
+15,381
New +$329K
BBAI icon
96
BigBear.ai
BBAI
$1.37B
$292K 0.04%
+54,000
New +$353K
COIN icon
97
Coinbase
COIN
$42.5B
$283K 0.04%
1,252
-242
-16% -$72.1K
GENVR
98
Gen Digital Inc Contingent Value Rights
GENVR
$282K 0.04%
62,410
– –
BATRA icon
99
Atlanta Braves Holdings Series A
BATRA
$3.5B
$263K 0.03%
6,191
-628
-9% -$27K
VWAVW
100
VisionWave Holdings Warrant
VWAVW
$3.73M
$260K 0.03%
221,898
+100,900
+83% +$120K
2 3
4
5 6

Similar funds

MFM
MHR Fund Management New York $1.37B AUM 68.35% 1-Year Est. Return
EFG
Ethos Financial Group King Of Prussia, Pennsylvania $1.37B AUM 19.43% 1-Year Est. Return
SOS
Silver Oak Securities Jackson, Tennessee $1.37B AUM 20.67% 1-Year Est. Return
MAWA
Moss Adams Wealth Advisors Seattle, Washington $1.37B AUM 19.97% 1-Year Est. Return
PP
Pertento Partners London, United Kingdom $1.37B AUM 36.36% 1-Year Est. Return
RI
RWWM Inc Rocklin, California $1.37B AUM 3.81% 1-Year Est. Return
HPC
Hill Path Capital New York $1.37B AUM 15.26% 1-Year Est. Return
HR
Hardy Reed Tupelo, Mississippi $1.37B AUM 18.88% 1-Year Est. Return

Ionic Capital Management's Q4 2025 Portfolio in Review

As of Q4 2025, Ionic Capital Management held 189 positions worth $786M, down 18% from $958M the previous quarter. Its ten largest holdings account for 85% of the portfolio.

Ionic Capital Management withdrew a net $189M in Q4 2025, closing 42 positions and reducing 46 holdings. Its most notable exit was Churchill Capital Corp X, an estimated $1.61M position sold in full.

By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Materials.

Against the trend, Ionic Capital Management opened a new position in Invesco Senior Income Trust worth $1.99M.

  • Ionic Capital Management's largest Q4 2025 buy was Invesco Senior Income Trust: 608,000 shares worth $1.99M.
  • Ionic Capital Management added most to ZoomInfo Technologies in Q4 2025, an estimated $1.23M increase.
  • Ionic Capital Management's biggest Q4 2025 reduction was Coherent, cutting an estimated $1.5M.
  • Ionic Capital Management fully exited Churchill Capital Corp X in Q4 2025, selling an estimated $1.61M.
  • Ionic Capital Management's ten largest holdings make up 85% of its $786M portfolio in Q4 2025.
  • Ionic Capital Management opened 56 new positions and closed 42 in Q4 2025.
  • Ionic Capital Management's portfolio value fell 18% quarter-over-quarter to $786M.

Based on Ionic Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.