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Livermore
Livermore
ZHEN

Ionic Capital Management LLC

SEC CIK
0001386462
Latest filing
Aug 14, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 14, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
105
+16 vs. Q1 2025
Portfolio value
$89.2M
+$1.37M (+1.6%) vs. Q1 2025
Filed
Aug 14, 2025
SEC
Holdings of Ionic Capital Management LLC in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
BRLSWBorealis Foods Inc.EQUITY WRT70,000$6.31K<0.1%00.0%UnchangedHistory
ENPHEnphase Energy, Inc.Stock278$11.0K<0.1%+278NewHistory
LVWRLiveWire Group, Inc.COM4,336$19.9K<0.1%+4,336NewHistory
NXATWNexus Advanced Technologies Inc.*W EXP 05/14/203200,000$27.3K<0.1%+200,000NewHistory
USA Rare Earth, Inc.91733P115*W EXP 08/31/20211,732$27.9K<0.1%+11,732New–
MARAMARA Holdings, Inc.COM1,799$28.2K<0.1%+1,799NewHistory
WOLFWolfspeed, Inc.Stock72,133$28.8K<0.1%+72,133NewHistory
LANWFLanvin Group Holdings Ltd*W EXP 99/99/9991,697,432$32.3K<0.1%+949,871+127.1%AddedHistory
Abacus Life Inc00258Y112EQUITY WRT29,224$32.7K<0.1%−105,171−78.3%Reduced–
SPCEVirgin Galactic Holdings, IncStock14,381$39.3K<0.1%+14,381NewHistory
Bitcoin Depot IN09174P113EQUITY WRT100,000$39.8K<0.1%+100,000New–
IRBTiRobot CorpCOM12,992$40.7K<0.1%+12,992NewHistory
SESSES AI CorpCL A COM47,571$42.3K<0.1%+47,571NewHistory
JBLUJetBlue Airways CorpCOM10,671$45.1K0.1%+10,671NewHistory
ASTLWAlgoma Steel Group Inc.*W EXP 10/19/20291,200$46.5K0.1%−8,800−8.8%ReducedHistory
SATLSatellogic Inc.COM CL A13,477$48.8K0.1%+13,477NewHistory
DNUTKrispy Kreme, Inc.COM19,913$57.9K0.1%+19,913NewHistory
GCT Semiconductor Hldg Inc36170N115*W EXP 03/01/202673,000$65.2K0.1%+100,000+17.5%Added–
Southland Hldgs I 28 Wtfwarrants Exp 02/14/2884445C118ETF274,981$65.5K0.1%00.0%Unchanged–
LiveWire Group, Inc.53838J113*W EXP 09/26/2021,522,201$77.6K0.1%+1,255,771+471.3%Added–
HLHecla Mining CoCOM13,078$78.3K0.1%+13,078NewHistory
Net Power Inc.64107A113*W EXP 06/08/202250,000$82.5K0.1%00.0%Unchanged–
CODICompass Diversified HoldingsSH BEN INT13,280$83.4K0.1%+13,280NewHistory
LCIDLucid Group, Inc.COM42,924$90.6K0.1%+42,924NewHistory
AGFirst Majestic Silver CorpCOM11,300$93.5K0.1%+11,300NewHistory
CDECoeur Mining, Inc.COM NEW10,993$97.4K0.1%−48,242−81.4%ReducedHistory
IQiQIYI, Inc.SPONSORED ADS59,024$104.5K0.1%−251,316−81.0%ReducedHistory
Planet Labs PBC72703X114*W EXP 12/06/202148,670$122.9K0.1%+148,670New–
DJTWWTrump Media & Technology Group Corp.*W EXP 03/25/20212,325$140.8K0.2%+12,325NewHistory
Evolv Technologies HLDNGS IN30049H110*W EXP 03/10/202290,864$160.0K0.2%+290,864New–
Carnival Corp Ltd.14365C103ADR8,638$220.4K0.2%+8,638New–
VIKViking Holdings LtdORD SHS4,254$226.7K0.3%−824−16.2%ReducedHistory
PCTTWPureCycle Technologies, Inc.*W EXP 01/28/20255,000$239.3K0.3%+55,000NewHistory
Joby Aviation, Inc.G65163118*W EXP 08/10/202100,174$240.4K0.3%+100,174New–
PSFEPaysafe LtdSHS20,419$257.7K0.3%+8,051+65.1%AddedHistory
KKRKKR & Co. Inc.COM2,000$266.1K0.3%+2,000NewHistory
RCLRoyal Caribbean Cruises LtdCOM869$272.1K0.3%−167−16.1%ReducedHistory
APLDApplied Digital Corp.COM NEW30,000$302.1K0.3%+30,000NewHistory
GCM Grosvenor Inc.36831E116*W EXP 11/17/202491,957$314.9K0.4%−470,577−48.9%Reduced–
GLWCorning IncCOM6,000$315.5K0.4%+6,000NewHistory
BATRAAtlanta Braves Holdings, Inc.COM SER A6,819$335.6K0.4%+2,000+41.5%AddedHistory
NAKNorthern Dynasty Minerals LtdCOM NEW257,500$345.1K0.4%+257,500NewHistory
MSTRStrategy IncStock932$376.7K0.4%−454−32.8%ReducedHistory
TMC the metals Co Inc.87261Y114*W EXP 09/09/202256,698$377.3K0.4%+256,698New–
NCVVirtus Convertible & Income FundCOM NEW28,013$397.8K0.4%00.0%UnchangedHistory
LIONLionsgate Studios Corp.COM70,000$406.7K0.5%+70,000NewHistory
ARRYArray Technologies, Inc.COM SHS70,000$413.0K0.5%+70,000NewHistory
VanEck ETF Trust92189F106GOLD MINERS ETF8,000$416.5K0.5%+2,000+33.3%Added–
SMCISuper Micro Computer, Inc.Stock8,521$417.6K0.5%−2,000−19.0%ReducedHistory
COINCoinbase Global, Inc.COM CL A1,200$420.6K0.5%−400−25.0%ReducedHistory
AMDAdvanced Micro Devices IncStock3,040$431.4K0.5%−300−9.0%ReducedHistory
SPROSpero Therapeutics, Inc.COM150,000$435.0K0.5%+150,000NewHistory
AMZNAmazon Com IncStock2,050$449.8K0.5%−250−10.9%ReducedHistory
BABAAlibaba Group Holding LtdADR4,000$453.6K0.5%00.0%UnchangedHistory
GENVRGen Digital Inc.COM57,410$460.4K0.5%+57,410NewHistory
ETHAiShares Ethereum Trust ETFSHS25,000$476.8K0.5%+25,000NewHistory
IBITiShares Bitcoin Trust ETFETF7,941$486.1K0.5%00.0%UnchangedHistory
AVTRAvantor, Inc.COM36,343$489.2K0.5%+36,343NewHistory
NCZVirtus Convertible & Income Fund IICOM NEW38,706$497.0K0.6%00.0%UnchangedHistory
NXHNeighborhood Intelligence, Inc.COM75,152$517.0K0.6%+75,152NewHistory
PLTRPalantir Technologies Inc.Stock3,834$522.7K0.6%+100+2.7%AddedHistory
TSLATesla, Inc.Stock1,650$524.1K0.6%+800+94.1%AddedHistory
AUROWAurora Innovation, Inc.EQUITY WRT654,988$569.8K0.6%−91,381−12.2%ReducedHistory
AMCRAmcor plcORD66,000$606.5K0.7%+66,000NewHistory
MANUManchester United plcORD CL A34,180$608.7K0.7%00.0%UnchangedHistory
SKXSkechers USA IncCL A10,000$631.0K0.7%+10,000NewHistory
AVGOBroadcom Inc.Stock2,300$634.0K0.7%+2,300NewHistory
Telus Intl Cda Inc87975H100SUB VTG SHS175,000$635.3K0.7%+175,000New–
BATRKAtlanta Braves Holdings, Inc.COM SER C14,189$663.6K0.7%+2,500+21.4%AddedHistory
COOPMaverick Merger Sub 2, LLCCOM5,000$746.0K0.8%+5,000NewHistory
AIOTPowerfleet, Inc.COM180,677$778.7K0.9%+80,831+81.0%AddedHistory
GBTGGlobal Business Travel Group, Inc.COM CL A128,007$806.4K0.9%+128,007NewHistory
PRMBPrimo Brands CorpCLASS A COM SHS28,000$829.4K0.9%+28,000NewHistory
TDSTelephone & Data Systems IncCOM NEW24,254$863.0K1.0%00.0%UnchangedHistory
SIRISirius XM Holdings Inc.COMMON STOCK39,470$906.6K1.0%00.0%UnchangedHistory
FLFoot Locker, Inc.COM37,500$918.8K1.0%+37,500NewHistory
CORZCore Scientific, Inc.COM54,000$921.8K1.0%−16,000−22.9%ReducedHistory
NVDANVIDIA CorpStock6,150$971.6K1.1%−3,923−38.9%ReducedHistory
DIAXNuveen Dow 30sm Dynamic Overwrite FundSHS72,407$1.04M1.2%00.0%UnchangedHistory
BLDRBuilders FirstSource, Inc.Stock9,000$1.05M1.2%+9,000NewHistory
SOCSable Offshore Corp.COM SHS48,153$1.06M1.2%+48,153NewHistory
YETIYETI Holdings, Inc.COM37,500$1.18M1.3%+37,500NewHistory
CZRCaesars Entertainment, Inc.COM44,185$1.25M1.4%−10,000−18.5%ReducedHistory
WIWWestern Asset Inflation-Linked Opportunities & Income FundCEF144,740$1.27M1.4%+15,000+11.6%AddedHistory
GTMZoomInfo Technologies Inc.Stock125,694$1.27M1.4%−26,000−17.1%ReducedHistory
URIUnited Rentals, Inc.COM1,730$1.30M1.5%00.0%UnchangedHistory
SNXTD Synnex CorpCOM10,600$1.44M1.6%−2,500−19.1%ReducedHistory
METAMeta Platforms, Inc.Stock1,950$1.44M1.6%+1,950NewHistory
FLSFlowserve CorpCOM29,000$1.52M1.7%+13,000+81.3%AddedHistory
COHRCoherent Corp.COM18,307$1.63M1.8%+4,307+30.8%AddedHistory
Western Digital Corp958102AT2NOTE 3.000%11/1–$1.79M2.0%–New–
QQQXNuveen NASDAQ 100 Dynamic Overwrite FundCOM SHS69,146$1.83M2.1%−5,000−6.7%ReducedHistory
PENNPENN Entertainment, Inc.COM112,162$2.00M2.2%+27,500+32.5%AddedHistory
RHRHCOM10,700$2.02M2.3%+6,300+143.2%AddedHistory
GMEDGlobus Medical IncStock41,796$2.47M2.8%+16,500+65.2%AddedHistory
ATMUAtmus Filtration Technologies Inc.COM75,355$2.74M3.1%00.0%UnchangedHistory
CSTMConstellium SECL A SHS218,566$2.91M3.3%00.0%UnchangedHistory
TNLTravel & Leisure Co.COM57,589$2.97M3.3%00.0%UnchangedHistory
ALITAlight, Inc. / DelawareCOM CL A527,752$2.99M3.3%−15,504−2.9%ReducedHistory
FLEXFlex Ltd.Stock61,253$3.06M3.4%00.0%UnchangedHistory

Options (33)

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 Q2 2025
SecurityClassPutsCalls
iShares Tr464288513IBOXX HI YD ETF$100.8M–
iShares Tr464287234MSCI EMG MKT ETF$96.5M–
iShares Inc464286400MSCI BRAZIL ETF$11.5M$11.5M
CNICanadian National Railway CoStock–$6.09M
GENGen Digital Inc.Stock$3.97M–
AURAurora Innovation, Inc.CLASS A COM$1.05M$2.10M
CDECoeur Mining, Inc.COM NEW$2.66M$443.0K
GOOGLAlphabet Inc.Stock–$2.77M
JOBYJoby Aviation, Inc.COMMON STOCK$2.12M–
AVTRAvantor, Inc.COM$1.35M–
JDJD.com, Inc.SPON ADS CL A–$1.24M
MSTRStrategy IncStock$606.3K$606.3K
OUSTOuster, Inc.COM NEW$1.21M–
NEMNEWMONT CorpStock–$1.17M
INTCIntel CorpStock–$1.12M
PDDPDD Holdings Inc.SPONSORED ADS–$931.5K
NXHNeighborhood Intelligence, Inc.COM$860.0K–
BILIBilibili Inc.SPONS ADS REP Z–$858.0K
PLPlanet Labs PBCCOM CL A$610.0K$244.0K
ELFe.l.f. Beauty, Inc.COM$808.9K–
BIDUBaidu, Inc.ADR–$754.7K
IQiQIYI, Inc.SPONSORED ADS$708.0K–
TMETencent Music Entertainment GroupSPON ADS–$682.1K
QSQuantumScape CorpCOM CL A$672.0K–
BABAAlibaba Group Holding LtdADR–$669.1K
COMPCompass, Inc.CL A–$628.0K
AIC3.ai, Inc.Stock–$614.3K
COINCoinbase Global, Inc.COM CL A$525.7K–
PSFEPaysafe LtdSHS$315.5K$189.3K
AMCRAmcor plcORD–$459.5K
EVGOEVgo Inc.CL A COM–$365.0K
2X Ether ETF92864M798ETF$215.1K–
Tidal Tr II88636J253DEFIANCE DAILY T$213.9K–

Sold out since Q1 2025 (33)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of Ionic Capital Management LLC sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
Wayfair Inc.94419LAF8NOTE 1.000% 8/1–$6.38M7.3%–
Snap Inc83304AAH9NOTE 0.125% 3/0–$4.77M5.4%–
Lumentum Hldgs Inc55024UAF6NOTE 0.500% 6/1–$4.59M5.2%–
KBRKBR, Inc.COM49,771$2.48M2.8%History
DNBDun & Bradstreet Holdings, Inc.COM129,701$1.16M1.3%History
KKR.PDKKR & Co. Inc.6.25 CON SER D20,000$988.0K1.1%History
Marriott Vacations Worldwide Corp57164YAF4NOTE 3.250%12/1–$972.6K1.1%–
ARES.PBAres Management Corp6.75 SE B PFD20,000$964.2K1.1%History
ATIAti IncStock18,200$946.9K1.1%History
INTCIntel CorpStock37,191$844.6K1.0%History
ECGEverus Construction Group, Inc.Stock22,303$827.2K0.9%History
JOBYJoby Aviation, Inc.COMMON STOCK104,777$630.8K0.7%History
XUnited States Steel CorpCOM12,821$541.8K0.6%History
ARMArm Holdings PLCADR4,700$501.9K0.6%History
LLYEli Lilly & CoStock550$454.3K0.5%History
NBISNebius Group N.V.Stock19,100$403.2K0.5%History
VXXBarclays Bank PLCIPATH S&P 500 SH7,815$402.2K0.5%History
AZEKAZEK Co Inc.CL A8,000$391.1K0.4%History
JHXJames Hardie Industries plcSPONSORED ADR16,000$377.0K0.4%History
ADArray Digital Infrastructure, Inc.COM4,408$304.8K0.3%History
CPRICapri Holdings LtdSHS15,000$295.9K0.3%History
FLYWFlywire CorpCOM VTG24,471$232.5K0.3%History
CCLCarnival Corp Ltd.UNIT 99/99/999910,312$201.4K0.2%History
Marblegate Acquisition Corp.56608A113*W EXP 08/31/2021,190,045$190.4K0.2%–
AEVAAeva Technologies, Inc.COM NEW17,575$123.0K0.1%History
Marblegate Acquisition Corp.56608A105COM CL A3,753$73.6K0.1%–
Composecure Inc20459V113*W EXP 12/27/20218,958$72.4K0.1%–
Global Blue Group Holding AGH33700115*W EXP 08/28/2022,130,088$47.3K0.1%–
SLNDSouthland Holdings, Inc.COM13,484$40.3K<0.1%History
Bigbear AI Hldgs Inc08975B117*W EXP 99/99/99940,450$33.2K<0.1%–
Tidal Tr II88636J253DEFIANCE DAILY T1,000$25.8K<0.1%–
Holley Inc.43538H111*W EXP 11/30/20284,067$4.20K<0.1%–
MSSWFMetal Sky Star Acquisition Corp*W EXP 03/31/202108,948$1.34K<0.1%History