Ionic Capital Management LLC
Annual return '25
+35.6%
SPY '25
+17.7%
Alpha
+17.9ptsvs SPY
Invested
$1.3B
Holdings
145
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$HYG
ISHARES TR
Q1 2026: New position (3.4k shares)
70.7%
02
$LQD
ISHARES TR
Q1 2026: New position (31.4k shares)
5.4%
03
$IWM
ISHARES TR
Q1 2026: New position (140.4k shares)
5.1%
04
$NDQ
INVESCO QQQ TR
Q1 2026: New position (1.1k shares)
4.8%
05
$EEM
ISHARES TR
Q1 2026: New position (202.8k shares)
4.4%
06
$MSFT
MICROSOFT CORP COM
Q1 2026: New position (163.6k shares)
1.2%
07
$EWZ
ISHARES INC
Q3 2025: Increased +250.0% (400.0k → 1.40M shares)
0.6%
08
$COHR
COHERENT CORP COM
Q3 2025: Sold 1.7% (18.3k → 18.0k shares)
0.6%
09
$AKAM 1.125 02/15
AKAMAI TECHNOLOGIES INC
Held since at least Q1 2024
0.4%
10
$CSTM
CONSTELLIUM SE
Q1 2025: Sold 22.3% (281.4k → 218.6k shares)
0.3%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 08:06 UTC.