We are live on ! Find out more
ICM

Ionic Capital Management Portfolio holdings

AUM $690M
1-Year Est. Return 70.34%
This Fund
S&P 500
This Quarter Est. Return
+7.74%
1 Year Est. Return
+70.34%
3 Year Est. Return
+163.48%
5 Year Est. Return
+295.25%
10 Year Est. Return
+2,740.76%
AUM
$786M
AUM Growth
-$173M
Cap. Flow
-$2.88M
Cap. Flow %
-0.37%
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 Miscellaneous 90.94%
2 Technology 3.03%
3 Consumer Discretionary 2.12%
4 Materials 1.09%
5 Industrials 0.93%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HYG icon
1
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$371M 47.19%
4,600,000
-650,000
-12% -$52.4M
IWM icon
2
CALL
iShares Russell 2000 ETF
IWM
$81.2B
$73.8M 9.4%
300,000
+100,000
+50% +$24.6M
IWM icon
3
PUT
iShares Russell 2000 ETF
IWM
$81.2B
$73.8M 9.4%
300,000
+100,000
+50% +$24.6M
EEM icon
4
CALL
iShares MSCI Emerging Markets ETF
EEM
$31.9B
$54.7M 6.96%
1,000,000
-2,500,000
-71% -$136M
QQQ icon
5
CALL
Invesco QQQ Trust
QQQ
$489B
$30.7M 3.91%
+50,000
New +$30.7M
QQQ icon
6
PUT
Invesco QQQ Trust
QQQ
$489B
$30.7M 3.91%
+50,000
New +$30.7M
EWZ icon
7
PUT
iShares MSCI Brazil ETF
EWZ
$8.6B
$22.2M 2.83%
700,000
– –
CSTM icon
8
Constellium
CSTM
$3.68B
$4.12M 0.52%
218,566
– –
TNL icon
9
Travel + Leisure Co
TNL
$4.06B
$4.06M 0.52%
57,589
– –
GEN icon
10
PUT
Gen Digital
GEN
$18.3B
$3.94M 0.5%
145,000
– –
GXO icon
11
GXO Logistics
GXO
$5.54B
$3.61M 0.46%
68,582
-9,867
-13% -$518K
ATMU icon
12
Atmus Filtration Technologies
ATMU
$3.94B
$3.11M 0.4%
60,003
-8,352
-12% -$404K
PL icon
13
PUT
Planet Labs
PL
$6.59B
$3M 0.38%
152,000
+50,000
+49% +$717K
FLEX icon
14
Flex
FLEX
$40.5B
$2.98M 0.38%
49,253
– –
AIOT
15
PowerFleet Inc
AIOT
$405M
$2.77M 0.35%
519,977
+165,000
+46% +$844K
GMED icon
16
Globus Medical
GMED
$10.5B
$2.76M 0.35%
31,596
-15,000
-32% -$1.14M
CRM icon
17
CALL
Salesforce
CRM
$213B
$2.65M 0.34%
+10,000
New +$2.49M
GDX icon
18
VanEck Gold Miners ETF
GDX
$30.7B
$2.56M 0.33%
29,864
-6,127
-17% -$484K
RH icon
19
RH
RH
$2.8B
$2.49M 0.32%
13,900
+3,200
+30% +$547K
PRMB
20
Primo Brands
PRMB
$7.96B
$2.41M 0.31%
147,438
+45,000
+44% +$832K
STRK
21
Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock
STRK
$568M
$2.27M 0.29%
28,772
-13,437
-32% -$1.16M
YETI icon
22
Yeti Holdings
YETI
$2.98B
$2.19M 0.28%
49,500
– –
XOM icon
23
CALL
ExxonMobil
XOM
$656B
$2.05M 0.26%
+17,000
New +$1.97M
XOM icon
24
PUT
ExxonMobil
XOM
$656B
$2.05M 0.26%
+17,000
New +$1.97M
VVR icon
25
Invesco Senior Income Trust
VVR
$449M
$1.99M 0.25%
+608,000
New +$2.01M
1
2 3 4 5

Similar funds

CT
Chicago Trust Grayslake, Illinois $690M AUM 33.05% 1-Year Est. Return
HWM
Heirloom Wealth Management Greenwood Village, Colorado $690M AUM 16.03% 1-Year Est. Return
TCMI
Technology Crossover Management IX Menlo Park, California $690M AUM 42.34% 1-Year Est. Return
MTC
Matrix Trust Company Denver, Colorado $690M AUM 19.61% 1-Year Est. Return
BSWM
Boston Standard Wealth Management Winchester, Massachusetts $689M AUM 16.24% 1-Year Est. Return
WAAG
Wealth Alliance Advisory Group Wichita, Kansas $691M AUM 24.37% 1-Year Est. Return
SIA
SeaBridge Investment Advisors Summit, New Jersey $692M AUM 52.26% 1-Year Est. Return
BFC
Blue Fin Capital Warren, Rhode Island $692M AUM 27.29% 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's Q4 2025 filing shows 56 new, 16 increased, 46 reduced and 42 closed positions. Its largest new stake was Invesco Senior Income Trust: 608,000 shares worth $1.99M. The largest sale was Churchill Capital Corp X, an estimated $1.61M.

By sector, the portfolio is most concentrated in Miscellaneous at 91% of assets, down from 93% a quarter earlier, followed by Technology and Consumer Discretionary.

  • 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.