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Livermore
Livermore
ZHEN

Ionic Capital Management LLC

SEC CIK
0001386462
Latest filing
Aug 14, 2026

Holdings in Q1 2025

Holdings as of Mar 31, 2025, filed May 15, 2025. Long positions only; changes compare share counts with Q4 2024.

Institution overview
Positions
89
+13 vs. Q4 2024
Portfolio value
$87.9M
−$13.6M (−13.4%) vs. Q4 2024
Filed
May 15, 2025
SEC
Holdings of Ionic Capital Management LLC in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
Wayfair Inc.94419LAF8NOTE 1.000% 8/1–$6.38M7.3%–––
Marathon Digital Holdings IN565788AB2NOTE 1.000%12/0–$5.45M6.2%–––
Snap Inc83304AAH9NOTE 0.125% 3/0–$4.77M5.4%–––
Lumentum Hldgs Inc55024UAF6NOTE 0.500% 6/1–$4.59M5.2%–––
Enphase Energy, Inc.29355AAK3NOTE 3/0–$3.41M3.9%–New–
ALITAlight, Inc. / DelawareCOM CL A543,256$3.22M3.7%−262,995−32.6%ReducedHistory
GXOGXO Logistics, Inc.Stock81,449$3.18M3.6%−16,818−17.1%ReducedHistory
STRKStrategy IncSERIES A PERP PF37,693$3.17M3.6%+37,693NewHistory
ATMUAtmus Filtration Technologies Inc.COM75,355$2.77M3.2%−13,801−15.5%ReducedHistory
TNLTravel & Leisure Co.COM57,589$2.67M3.0%−11,462−16.6%ReducedHistory
KBRKBR, Inc.COM49,771$2.48M2.8%−1,364−2.7%ReducedHistory
CSTMConstellium SECL A SHS218,566$2.21M2.5%−62,828−22.3%ReducedHistory
FLEXFlex Ltd.Stock61,253$2.03M2.3%−36,771−37.5%ReducedHistory
GMEDGlobus Medical IncStock25,296$1.85M2.1%00.0%UnchangedHistory
QQQXNuveen NASDAQ 100 Dynamic Overwrite FundCOM SHS74,146$1.76M2.0%00.0%UnchangedHistory
GCM Grosvenor Inc.36831E116*W EXP 11/17/202962,534$1.67M1.9%−160,301−14.3%Reduced–
GTMZoomInfo Technologies Inc.Stock151,694$1.52M1.7%−23,306−13.3%ReducedHistory
PENNPENN Entertainment, Inc.COM84,662$1.38M1.6%+84,662NewHistory
SNXTD Synnex CorpCOM13,100$1.36M1.6%+3,000+29.7%AddedHistory
CZRCaesars Entertainment, Inc.COM54,185$1.35M1.5%+1,000+1.9%AddedHistory
DNBDun & Bradstreet Holdings, Inc.COM129,701$1.16M1.3%−304,891−70.2%ReducedHistory
WIWWestern Asset Inflation-Linked Opportunities & Income FundCEF129,740$1.14M1.3%00.0%UnchangedHistory
NVDANVIDIA CorpStock10,073$1.09M1.2%+7,073+235.8%AddedHistory
URIUnited Rentals, Inc.COM1,730$1.08M1.2%−700−28.8%ReducedHistory
AUROWAurora Innovation, Inc.EQUITY WRT746,369$1.05M1.2%−112,350−13.1%ReducedHistory
DIAXNuveen Dow 30sm Dynamic Overwrite FundSHS72,407$1.05M1.2%00.0%UnchangedHistory
RHRHCOM4,400$1.03M1.2%+4,400NewHistory
KKR.PDKKR & Co. Inc.6.25 CON SER D20,000$988.0K1.1%+20,000NewHistory
Marriott Vacations Worldwide Corp57164YAF4NOTE 3.250%12/1–$972.6K1.1%–––
ARES.PBAres Management Corp6.75 SE B PFD20,000$964.2K1.1%00.0%UnchangedHistory
ATIAti IncStock18,200$946.9K1.1%+9,000+97.8%AddedHistory
TDSTelephone & Data Systems IncCOM NEW24,254$939.6K1.1%+2,500+11.5%AddedHistory
COHRCoherent Corp.COM14,000$909.2K1.0%+4,000+40.0%AddedHistory
SIRISirius XM Holdings Inc.COMMON STOCK39,470$889.9K1.0%00.0%UnchangedHistory
INTCIntel CorpStock37,191$844.6K1.0%−5,000−11.9%ReducedHistory
ECGEverus Construction Group, Inc.Stock22,303$827.2K0.9%+4,297+23.9%AddedHistory
FLSFlowserve CorpCOM16,000$781.4K0.9%+16,000NewHistory
IQiQIYI, Inc.SPONSORED ADS310,340$701.4K0.8%+310,340NewHistory
JOBYJoby Aviation, Inc.COMMON STOCK104,777$630.8K0.7%+93,856+859.4%AddedHistory
AIOTPowerfleet, Inc.COM99,846$548.2K0.6%+99,846NewHistory
XUnited States Steel CorpCOM12,821$541.8K0.6%−100−0.8%ReducedHistory
BABAAlibaba Group Holding LtdADR4,000$528.9K0.6%+4,000NewHistory
CORZCore Scientific, Inc.COM70,000$506.8K0.6%+70,000NewHistory
ARMArm Holdings PLCADR4,700$501.9K0.6%+4,700NewHistory
BATRKAtlanta Braves Holdings, Inc.COM SER C11,689$467.7K0.5%+3,000+34.5%AddedHistory
LLYEli Lilly & CoStock550$454.3K0.5%+550NewHistory
NCZVirtus Convertible & Income Fund IICOM NEW38,706$447.4K0.5%00.0%UnchangedConverted for a 1-for-4 splitHistory
MANUManchester United plcORD CL A34,180$447.4K0.5%00.0%UnchangedHistory
AMZNAmazon Com IncStock2,300$437.6K0.5%−100−4.2%ReducedHistory
NBISNebius Group N.V.Stock19,100$403.2K0.5%+4,100+27.3%AddedHistory
VXXBarclays Bank PLCIPATH S&P 500 SH7,815$402.2K0.5%00.0%UnchangedHistory
MSTRStrategy IncStock1,386$399.5K0.5%+17+1.2%AddedHistory
AZEKAZEK Co Inc.CL A8,000$391.1K0.4%+8,000NewHistory
JHXJames Hardie Industries plcSPONSORED ADR16,000$377.0K0.4%+16,000NewHistory
IBITiShares Bitcoin Trust ETFETF7,941$371.7K0.4%−2,059−20.6%ReducedHistory
NCVVirtus Convertible & Income FundCOM NEW28,013$362.2K0.4%00.0%UnchangedConverted for a 1-for-4 splitHistory
SMCISuper Micro Computer, Inc.Stock10,521$360.2K0.4%−1,979−15.8%ReducedHistory
CDECoeur Mining, Inc.COM NEW59,235$350.7K0.4%+59,235NewHistory
AMDAdvanced Micro Devices IncStock3,340$343.2K0.4%−560−14.4%ReducedHistory
PLTRPalantir Technologies Inc.Stock3,734$315.1K0.4%+3,734NewHistory
ADArray Digital Infrastructure, Inc.COM4,408$304.8K0.3%+4,408NewHistory
CPRICapri Holdings LtdSHS15,000$295.9K0.3%+15,000NewHistory
VanEck ETF Trust92189F106GOLD MINERS ETF6,000$275.8K0.3%+6,000New–
COINCoinbase Global, Inc.COM CL A1,600$275.6K0.3%−300−15.8%ReducedHistory
FLYWFlywire CorpCOM VTG24,471$232.5K0.3%+24,471NewHistory
TSLATesla, Inc.Stock850$220.3K0.3%−350−29.2%ReducedHistory
Abacus Life Inc00258Y112EQUITY WRT134,395$213.7K0.2%+134,395New–
RCLRoyal Caribbean Cruises LtdCOM1,036$212.8K0.2%+1,036NewHistory
BATRAAtlanta Braves Holdings, Inc.COM SER A4,819$211.4K0.2%00.0%UnchangedHistory
VIKViking Holdings LtdORD SHS5,078$201.9K0.2%+5,078NewHistory
CCLCarnival Corp Ltd.UNIT 99/99/999910,312$201.4K0.2%+10,312NewHistory
PSFEPaysafe LtdSHS12,368$194.1K0.2%+12,368NewHistory
Marblegate Acquisition Corp.56608A113*W EXP 08/31/2021,190,045$190.4K0.2%00.0%Unchanged–
AEVAAeva Technologies, Inc.COM NEW17,575$123.0K0.1%+17,575NewHistory
Net Power Inc.64107A113*W EXP 06/08/202250,000$76.3K0.1%+250,000New–
Marblegate Acquisition Corp.56608A105COM CL A3,753$73.6K0.1%+3,753New–
Composecure Inc20459V113*W EXP 12/27/20218,958$72.4K0.1%−270,704−93.5%Reduced–
Global Blue Group Holding AGH33700115*W EXP 08/28/2022,130,088$47.3K0.1%00.0%Unchanged–
Southland Hldgs I 28 Wtfwarrants Exp 02/14/2884445C118ETF274,981$44.1K0.1%00.0%Unchanged–
GCT Semiconductor Hldg Inc36170N115*W EXP 03/01/202573,000$41.5K<0.1%+573,000New–
SLNDSouthland Holdings, Inc.COM13,484$40.3K<0.1%−29,305−68.5%ReducedHistory
ASTLWAlgoma Steel Group Inc.*W EXP 10/19/202100,000$37.3K<0.1%00.0%UnchangedHistory
Bigbear AI Hldgs Inc08975B117*W EXP 99/99/99940,450$33.2K<0.1%+40,450New–
Tidal Tr II88636J253DEFIANCE DAILY T1,000$25.8K<0.1%+1,000New–
LANWFLanvin Group Holdings Ltd*W EXP 99/99/999747,561$14.8K<0.1%00.0%UnchangedHistory
BRLSWBorealis Foods Inc.EQUITY WRT70,000$7.70K<0.1%+70,000NewHistory
LiveWire Group, Inc.53838J113*W EXP 09/26/202266,430$5.65K<0.1%00.0%Unchanged–
Holley Inc.43538H111*W EXP 11/30/20284,067$4.20K<0.1%+84,067New–
MSSWFMetal Sky Star Acquisition Corp*W EXP 03/31/202108,948$1.34K<0.1%00.0%UnchangedHistory

Options (34)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Ionic Capital Management LLC in Q1 2025
SecurityClassPutsCalls
iShares Tr464288513IBOXX HI YD ETF$358.1M$188.5M
Invesco QQQ Trust Series I46090E103ETF$93.8M–
AURAurora Innovation, Inc.CLASS A COM$4.37M$672.5K
XUnited States Steel CorpCOM–$2.35M
CDECoeur Mining, Inc.COM NEW$1.78M$436.3K
NVDANVIDIA CorpStock$812.9K$812.9K
WMTWalmart Inc.Stock–$1.53M
ORCLOracle CorpStock–$1.41M
IQiQIYI, Inc.SPONSORED ADS$1.21M$160.7K
NFLXNetflix IncStock–$1.31M
SPOTSpotify Technology S.A.Stock–$1.27M
JOBYJoby Aviation, Inc.COMMON STOCK$1.20M–
TEAMAtlassian CorpCL A–$1.15M
CRMSalesforce, Inc.Stock–$1.13M
SNOWSnowflake Inc.Stock–$1.08M
INTCIntel CorpStock–$1.02M
UUnity Software Inc.COM–$979.5K
DDOGDatadog, Inc.CL A COM–$972.3K
BABAAlibaba Group Holding LtdADR–$872.7K
CAVACava Group, Inc.COM–$755.6K
METAMeta Platforms, Inc.Stock–$749.3K
NBISNebius Group N.V.Stock–$728.3K
PDDPDD Holdings Inc.SPONSORED ADS–$710.1K
AEVAAeva Technologies, Inc.COM NEW$700.0K–
BIDUBaidu, Inc.ADR–$644.2K
PSFEPaysafe LtdSHS$392.3K$235.3K
JDJD.com, Inc.SPON ADS CL A–$588.0K
RXRXRecursion Pharmaceuticals, Inc.CL A–$529.0K
AVGOBroadcom Inc.Stock–$519.0K
FLYWFlywire CorpCOM VTG$475.0K–
MARAMARA Holdings, Inc.COM–$373.8K
TIGRUP Fintech Holding LtdSPONSORED ADS–$343.6K
Tidal Tr II88636J253DEFIANCE DAILY T$265.7K–
HSAIHesai GroupSPONSORED ADS$222.0K–

Sold out since Q4 2024 (20)

Positions held at the end of Q4 2024 that are gone from this filing.

Positions of Ionic Capital Management LLC sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
Digitalocean Hldgs Inc25402DAB8NOTE 12/0–$3.14M3.1%–
PRGOPERRIGO Co plcSHS121,601$3.13M3.1%History
Confluent, Inc.20717MAB9NOTE 1/1–$2.25M2.2%–
MAGNMagnera CorpCOM SHS97,233$1.77M1.7%History
ELANElanco Animal Health IncCOM126,391$1.53M1.5%History
DDOGDatadog, Inc.CL A COM7,500$1.07M1.1%History
LBRDALiberty Broadband CorpCOM SER A13,315$990.1K1.0%History
METAMeta Platforms, Inc.Stock1,200$702.6K0.7%History
ALLYAlly Financial Inc.Stock15,500$558.2K0.5%History
LUCKLucky Strike Entertainment CorpCL A COM53,453$535.1K0.5%History
BCXBlackRock Resources & Commodities Strategy TrustSHS57,139$488.0K0.5%History
JOFJapan Smaller Capitalization Fund IncCOM56,681$434.7K0.4%History
RIVNRivian Automotive, Inc.Stock30,000$399.0K0.4%History
EVGOEVgo Inc.CL A COM95,849$388.2K0.4%History
SOCSable Offshore Corp.COM SHS10,378$237.7K0.2%History
Archer Aviation Inc.03945R110*W EXP 09/16/20269,000$222.2K0.2%–
DCHDauch CorpCOM32,853$191.5K0.2%History
ASTSAST SpaceMobile, Inc.COM CL A4,302$90.8K0.1%History
SEATWVivid Seats Inc.*W EXP 10/18/202124,297$44.1K<0.1%History
Glry STR NW Mdia Grup Hldg LG39973113*W EXP 02/13/2022,188,580$2.63K<0.1%–