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Portfolio (Quarterly) Guide ↗

Ionic Capital Management LLC

· CIK 0001386462
13F Portfolio $1.4B AUM 165 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 71 New 41 Added 32 Reduced 53 Exited
Page 1 of 9  ·  165 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 HYG PUT ISHARES TR 9,546,400.0 $759.5M 55.51% +4.9M +107.5% $79.56 +0.4%
2 HYG CALL ISHARES TR 2,046,400.0 $162.8M 11.90% NEW $79.56 +0.4%
3 LQD PUT ISHARES TR 650,000.0 $70.8M 5.18% NEW $108.99 -0.8%
4 IWM CALL ISHARES TR 250,000.0 $62.0M 4.53% -50K -16.7% $248.00 +13.9%
5 IWM PUT ISHARES TR 250,000.0 $62.0M 4.53% -50K -16.7% $248.00 +13.9%
6 QQQ PUT INVESCO QQQ TR Financial Services 100,000.0 $57.7M 4.22% +50K +100.0% $577.18 +23.8%
7 EEM CALL ISHARES TR 1,000,500.0 $56.8M 4.15% $56.79 +16.3%
8 IWM ISHARES TR 20,000.0 $5.0M 0.36% NEW $248.00 +13.9%
9 QQQ INVESCO QQQ TR Financial Services 8,000.0 $4.6M 0.34% NEW $577.18 +23.8%
10 AKAMAI TECHNOLOGIES INC 4,000,000.0 $4.6M 0.33% NEW $1.14
11 CSTM CONSTELLIUM SE Basic Materials 177,722.0 $4.4M 0.32% -41K -18.7% $24.58 +30.3%
12 EWZ PUT ISHARES INC 109,600.0 $4.2M 0.31% -590K -84.3% $38.39 -3.6%
13 ON SEMICONDUCTOR CORP 4,000,000.0 $3.9M 0.29% +500K +14.3% $0.98
14 TNL TRAVEL PLUS LEISURE CO Consumer Cyclical 51,589.0 $3.6M 0.26% -6K -10.4% $69.19 -6.2%
15 FLEX FLEXTRONICS INTL LTD Technology 50,253.0 $3.3M 0.24% +1K +2.0% $65.46 +100.2%
16 EWZ CALL ISHARES INC 84,500.0 $3.2M 0.24% NEW $38.39 -3.6%
17 ARRAY TECHNOLOGIES INC 3,500,000.0 $3.1M 0.23% $0.90
18 AKAM AKAMAI TECHNOLOGIES INC Technology 26,886.0 $3.1M 0.23% NEW $114.85 +27.3%
19 GXO GXO LOGISTICS INCORPORATED Industrials 56,082.0 $2.9M 0.21% -12K -18.2% $51.85 -9.9%
20 STRATEGY INC 37,772.0 $2.7M 0.20% +9K +31.3% $70.70
Page 1 of 9  ·  165 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.3%
Financial Services 25.5%
Consumer Cyclical 13.1%
Industrials 9.9%
Basic Materials 9.4%
Communication Services 4.1%
Consumer Defensive 3.0%
Healthcare 1.4%
Utilities 0.8%
Energy 0.4%