Ionic Capital Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Ionic Capital Management LLC reported 67 stock positions worth $79.8 million. Its top holding was Gxo Logistics (GXO) at 5.2% of the portfolio, followed by Travel + Leisure (TNL, 4.3%) and Constellium (CSTM, 4.1%). Compared with Q2 2025, it opened 21 new positions, sold out of 34, added to 25 and reduced 9. The biggest buy was Vaneck Gold Miners ETF (GDX, shares +350%) and the biggest sale Penn Entertainment (PENN, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001386462
- Portfolio Value
- $79.8M (Q3 2025)
- SEC Filing
- 0000929638-25-004285 ↗ filed Nov 14, 2025
Holdings Value
Holdings 67 stocks · $79.8M
| GXO Gxo Logistics Inc. | 5.20% | 78,449 | $4.1M | Add +4.0% |
| TNL Travel + Leisure Co. | 4.29% | 57,589 | $3.4M | No change |
| CSTM Constellium SE | 4.07% | 218,566 | $3.3M | No change |
| ATMU Atmus Filtration Technologie | 3.86% | 68,355 | $3.1M | Reduce -9.3% |
| FLEX Flex Ltd. | 3.58% | 49,253 | $2.9M | Reduce -19.6% |
| GDX Vaneck Gold Miners ETF | 3.44% | 35,991 | $2.7M | Add +349.9% |
| GMED Globus Medical Inc. Class A | 3.34% | 46,596 | $2.7M | Add +11.5% |
| PRMB Primo Brands Corp. | 2.84% | 102,438 | $2.3M | Add +265.9% |
| RH RH | 2.72% | 10,700 | $2.2M | No change |
| COHR Coherent Corp. | 2.43% | 18,000 | $1.9M | Reduce -1.7% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 2.38% | 69,146 | $1.9M | No change |
| AIOT Powerfleet Inc. | 2.33% | 354,977 | $1.9M | Add +96.5% |
| FLS Flowserve Corp. | 2.33% | 35,000 | $1.9M | Add +20.7% |
| ALIT Alight Inc. Class A | 2.32% | 567,752 | $1.9M | Add +7.6% |
| BABA Alibaba Group Holding-SP ADR | 2.23% | 9,956 | $1.8M | Add +148.9% |
| JHX James Hardie Ind PLC | 2.20% | 91,627 | $1.8M | New |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 2.06% | 49,500 | $1.6M | Add +32.0% |
| CZR Caesars Entertainment Inc. | 2.03% | 60,000 | $1.6M | Add +35.8% |
| MU Micron Technology Inc. | 2.02% | 9,631 | $1.6M | New |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 2.01% | 125,000 | $1.6M | New |
| SNX TD Synnex Corp. | 1.87% | 9,100 | $1.5M | Reduce -14.2% |
| NVDA Nvidia Corp. | 1.86% | 7,937 | $1.5M | Add +29.1% |
| HPE Hewlett Packard Enterprise | 1.75% | 57,000 | $1.4M | New |
| WIW Western Asst Infl-LNK Opp | 1.74% | 156,240 | $1.4M | Add +8.0% |
| GBTG Global Business Travel Group | 1.70% | 168,007 | $1.4M | Add +31.3% |
| MAGS Roundhill Magnificent Seven | 1.44% | 17,762 | $1.2M | New |
| TDS Telephone and Data Systems | 1.44% | 29,254 | $1.1M | Add +20.6% |
| BLDR Builders Firstsource Inc. | 1.37% | 9,000 | $1.1M | No change |
| DIAX Nuveen Dow 30 Dynamic Overwr | 1.35% | 72,407 | $1.1M | No change |
| CIFR Cipher Digital Inc. | 1.26% | 80,000 | $1.0M | New |
| AVGO Broadcom Inc. | 1.25% | 3,027 | $999K | Add +31.6% |
| AMCR Amcor PLC | 1.24% | 120,800 | $988K | Add +83.0% |
| PLTR Palantir Technologies Inc. Class A | 1.21% | 5,282 | $964K | Add +37.8% |
| CRWV Coreweave Inc. Class A | 1.20% | 7,000 | $958K | New |
| META Meta Platforms Inc. Class A | 1.20% | 1,300 | $955K | Reduce -33.3% |
| ETHA iShares Ethereum Trust ETF | 1.16% | 29,422 | $927K | Add +17.7% |
| AAPL Apple Inc. | 1.13% | 3,548 | $903K | New |
| SBET Sharplink Inc. | 1.11% | 52,000 | $885K | New |
| SOXX iShares Semiconductor ETF | 1.08% | 3,185 | $864K | New |
| SMCI Super Micro Computer Inc. | 0.99% | 16,551 | $793K | Add +94.2% |
| PENN Penn Entertainment Inc. | 0.97% | 40,000 | $770K | Reduce -64.3% |
| TSLA Tesla Inc. | 0.92% | 1,650 | $734K | No change |
| LION Lionsgate Studios Corp. | 0.91% | 105,561 | $728K | Add +50.8% |
| SIRI Sirius XM Holdings Inc. | 0.87% | 30,000 | $698K | Reduce -24.0% |
| AMD Advanced Micro Devices | 0.84% | 4,140 | $670K | Add +36.2% |
| MSTR Strategy Inc. | 0.81% | 2,002 | $645K | Add +114.8% |
| NAK Northern Dynasty Minerals | 0.78% | 517,500 | $621K | Add +101.0% |
| BATRK Atlanta Braves Holdings in-C | 0.74% | 14,189 | $590K | No change |
| COOP Mr Cooper Group Inc. | 0.74% | 2,799 | $590K | Reduce -44.0% |
| BHF Brighthouse Financial Inc. | 0.73% | 11,000 | $584K | New |
| GSRT GSR III Acquisition Corp. | 0.65% | 50,000 | $518K | New |
| MANU Manchester United PLC Class A | 0.65% | 34,180 | $517K | No change |
| COIN Coinbase Global Inc. Class A | 0.63% | 1,494 | $504K | Add +24.5% |
| LWAY Lifeway Foods Inc. | 0.63% | 18,000 | $500K | New |
| GLW Corning Inc. | 0.62% | 6,000 | $492K | No change |
| AMZN Amazon.com Inc. | 0.56% | 2,050 | $450K | No change |
| SPRO Spero Therapeutics Inc. | 0.49% | 208,725 | $392K | Add +39.1% |
| BATRA Atlanta Braves Holdings in-A | 0.39% | 6,819 | $310K | No change |
| EA Electronic Arts Inc. | 0.38% | 1,500 | $303K | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.36% | 25,460 | $286K | New |
| ASTS Ast Spacemobile Inc. | 0.31% | 5,005 | $246K | New |
| GTM Zoominfo Technologies Inc. | 0.29% | 21,194 | $231K | Reduce -83.1% |
| RKT Rocket Cos Inc. Class A | 0.27% | 10,935 | $212K | New |
| AUR Aurora Innovation Inc. | 0.22% | 33,246 | $179K | New |
| OPEN Opendoor Technologies Inc. | 0.18% | 18,227 | $145K | New |
| GEN Gen Digital Inc. | 0.04% | 1,116 | $32K | New |
| ETHU 2X Ether ETF | 0.00% | 4 | $519 | New |
Options reported separately and not counted above: HYG puts ($426.2M), EEM calls ($186.9M), HYG calls ($81.2M), IWM puts ($48.4M), IWM calls ($48.4M), EWZ puts ($21.7M), EWZ calls ($15.5M), CDE puts ($5.6M), GEN puts ($4.1M), INTC calls ($2.2M), GME puts ($2.0M), FCX calls ($1.8M), and 29 more.
Other holdings (22): bonds, preferreds, convertibles and warrants · $10.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 42,209 | $3.9M | Add +50.9% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 3,500,000 | $3.2M | New |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 62,410 | $461K | Add +8.7% |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 643,767 | $373K | Reduce -1.7% |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 197,576 | $364K | New |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | 52,415 | $314K | Reduce -47.7% |
| PCTTW Purecycle Techno-CW26 | *W EXP 03/17/202 | 75,205 | $254K | Add +36.7% |
| TMCWW TMC the Metals Co. Inc. -CW25I | *W EXP 09/09/202 | 194,116 | $204K | Reduce -24.4% |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 211,188 | $158K | Reduce -15.5% |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | 197,268 | $144K | Reduce -32.2% |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 673,000 | $126K | No change |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 1,522,201 | $111K | No change |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 119,600 | $74K | New |
| NXATW K Wave Media Ltd.-28 | *W EXP 05/14/203 | 400,000 | $58K | Add +100.0% |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 268,981 | $52K | Reduce -2.2% |
| VWAVW Visionwave Holdings Inc. | *W EXP 07/14/203 | 120,998 | $50K | New |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 17,361 | $38K | New |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | 1,917,304 | $36K | Add +12.9% |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 82,640 | $16K | New |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | 27,271 | $12K | New |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 200,000 | $9K | New |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 70,000 | $5K | No change |
Total filed on the 13F, all lines: $89.8M.
Portfolio Sells Q2 2025 → Q3 2025
| PENN Penn Entertainment Inc. | Reduce -64.3% | 0.97% | −2.11 |
| URI United Rentals Inc. | Sold out | 0.00% | −2.00 |
| GTM Zoominfo Technologies Inc. | Reduce -83.1% | 0.29% | −1.66 |
| SOC Sable Offshore Corp. | Sold out | 0.00% | −1.62 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −1.41 |
| FL Foot Locker Inc. | Sold out | 0.00% | −1.41 |
| FLEX Flex Ltd. | Reduce -19.6% | 3.58% | −1.11 |
| META Meta Platforms Inc. Class A | Reduce -33.3% | 1.20% | −1.01 |
| TIXT Telus International Cda Inc. | Sold out | 0.00% | −0.97 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.97 |
| NXH Neighborhood Intelligence Inc. | Sold out | 0.00% | −0.79 |
| NCZ Virtus Convertible & Income | Sold out | 0.00% | −0.76 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.75 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.75 |
| ARRY Array Technologies Inc. | Sold out | 0.00% | −0.63 |
| NCV Virtus Convertible & Income | Sold out | 0.00% | −0.61 |
| SIRI Sirius XM Holdings Inc. | Reduce -24.0% | 0.87% | −0.52 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.46 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.42 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.41 |
| COOP Mr Cooper Group Inc. | Reduce -44.0% | 0.74% | −0.40 |
| PSFE Paysafe Ltd. | Sold out | 0.00% | −0.40 |
| VIK Viking Holdings Ltd. | Sold out | 0.00% | −0.35 |
| ATMU Atmus Filtration Technologie | Reduce -9.3% | 3.86% | −0.35 |
| SNX TD Synnex Corp. | Reduce -14.2% | 1.87% | −0.34 |
| CUK Carnival PLC-ADR | Sold out | 0.00% | −0.34 |
| IQ Iqiyi Inc.-ADR | Sold out | 0.00% | −0.16 |
| CDE Coeur Mining Inc. | Sold out | 0.00% | −0.15 |
| AG First Majestic Silver Corp. | Sold out | 0.00% | −0.14 |
| LCID Lucid Group Inc. | Sold out | 0.00% | −0.14 |
| CODI Compass Diversified Holdings | Sold out | 0.00% | −0.13 |
| HL Hecla Mining Co. | Sold out | 0.00% | −0.12 |
| DNUT Krispy Kreme Inc. | Sold out | 0.00% | −0.09 |
| COHR Coherent Corp. | Reduce -1.7% | 2.43% | −0.07 |
| SATL Satellogic Inc. Class A | Sold out | 0.00% | −0.07 |
| JBLU Jetblue Airways Corp. | Sold out | 0.00% | −0.07 |
| SES Ses AI Corp. | Sold out | 0.00% | −0.06 |
| IRBTQ Irobot Corp. | Sold out | 0.00% | −0.06 |
| SPCE Virgin Galactic Holdings Inc. | Sold out | 0.00% | −0.06 |
| WOLF Wolfspeed Inc. | Sold out | 0.00% | −0.04 |
| MARA Mara Holdings Inc. | Sold out | 0.00% | −0.04 |
| LVWR Livewire Group Inc. | Sold out | 0.00% | −0.03 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| GDX Vaneck Gold Miners ETF | Add +349.9% | 3.44% | +2.81 |
| JHX James Hardie Ind PLC | New | 2.20% | +2.20 |
| MU Micron Technology Inc. | New | 2.02% | +2.02 |
| INFQ Infleqtion Inc. | New | 2.01% | +2.01 |
| HPE Hewlett Packard Enterprise | New | 1.75% | +1.75 |
| PRMB Primo Brands Corp. | Add +265.9% | 2.84% | +1.56 |
| BABA Alibaba Group Holding-SP ADR | Add +148.9% | 2.23% | +1.53 |
| MAGS Roundhill Magnificent Seven | New | 1.44% | +1.44 |
| CIFR Cipher Digital Inc. | New | 1.26% | +1.26 |
| CRWV Coreweave Inc. Class A | New | 1.20% | +1.20 |
| AIOT Powerfleet Inc. | Add +96.5% | 2.33% | +1.14 |
| AAPL Apple Inc. | New | 1.13% | +1.13 |
| SBET Sharplink Inc. | New | 1.11% | +1.11 |
| SOXX iShares Semiconductor ETF | New | 1.08% | +1.08 |
| BHF Brighthouse Financial Inc. | New | 0.73% | +0.73 |
| GSRT GSR III Acquisition Corp. | New | 0.65% | +0.65 |
| LWAY Lifeway Foods Inc. | New | 0.63% | +0.63 |
| GBTG Global Business Travel Group | Add +31.3% | 1.70% | +0.46 |
| ETHA iShares Ethereum Trust ETF | Add +17.7% | 1.16% | +0.43 |
| PLTR Palantir Technologies Inc. Class A | Add +37.8% | 1.21% | +0.41 |
| EA Electronic Arts Inc. | New | 0.38% | +0.38 |
| NVDA Nvidia Corp. | Add +29.1% | 1.86% | +0.37 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.36% | +0.36 |
| SMCI Super Micro Computer Inc. | Add +94.2% | 0.99% | +0.35 |
| AMCR Amcor PLC | Add +83.0% | 1.24% | +0.31 |
| ASTS Ast Spacemobile Inc. | New | 0.31% | +0.31 |
| LION Lionsgate Studios Corp. | Add +50.8% | 0.91% | +0.29 |
| AVGO Broadcom Inc. | Add +31.6% | 1.25% | +0.28 |
| RKT Rocket Cos Inc. Class A | New | 0.27% | +0.27 |
| NAK Northern Dynasty Minerals | Add +101.0% | 0.78% | +0.25 |
| YETI Yeti Holdings Inc. | Add +32.0% | 2.06% | +0.25 |
| MSTR Strategy Inc. | Add +114.8% | 0.81% | +0.23 |
| AUR Aurora Innovation Inc. | New | 0.22% | +0.22 |
| OPEN Opendoor Technologies Inc. | New | 0.18% | +0.18 |
| AMD Advanced Micro Devices | Add +36.2% | 0.84% | +0.18 |
| TDS Telephone and Data Systems | Add +20.6% | 1.44% | +0.11 |
| CZR Caesars Entertainment Inc. | Add +35.8% | 2.03% | +0.11 |
| GEN Gen Digital Inc. | New | 0.04% | +0.04 |
| FLS Flowserve Corp. | Add +20.7% | 2.33% | +0.00 |
| ETHU 2X Ether ETF | New | 0.00% | +0.00 |
| COIN Coinbase Global Inc. Class A | Add +24.5% | 0.63% | −0.01 |
| SPRO Spero Therapeutics Inc. | Add +39.1% | 0.49% | −0.18 |
| WIW Western Asst Infl-LNK Opp | Add +8.0% | 1.74% | −0.20 |
| GXO Gxo Logistics Inc. | Add +4.0% | 5.20% | −0.44 |
| GMED Globus Medical Inc. Class A | Add +11.5% | 3.34% | −0.44 |
| ALIT Alight Inc. Class A | Add +7.6% | 2.32% | −2.26 |
Options Activity Q2 2025 → Q3 2025
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +320.0% | 5,250,000 | $426.2M |
| EEM iShares MSCI Emerging Market | call | New | 3,500,000 | $186.9M |
| EEM iShares MSCI Emerging Market | put | Sold out | 2,000,000 | $96.5Mbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | New | 1,000,000 | $81.2M |
| IWM iShares Russell 2000 ETF | put | New | 200,000 | $48.4M |
| IWM iShares Russell 2000 ETF | call | New | 200,000 | $48.4M |
| EWZ iShares MSCI Brazil ETF | put | Add +75.0% | 700,000 | $21.7M |
| EWZ iShares MSCI Brazil ETF | call | Add +25.0% | 500,000 | $15.5M |
| CNI Canadian Natl Railway Co. | call | Sold out | 58,500 | $6.1Mbefore exit |
| GEN Gen Digital Inc. | put | Add +7.4% | 145,000 | $4.1M |
| INTC Intel Corp. | call | Add +30.0% | 65,000 | $2.2M |
| JOBY Joby Aviation Inc. | put | Sold out | 201,000 | $2.1Mbefore exit |
| AUR Aurora Innovation Inc. | call | Sold out | 400,000 | $2.1Mbefore exit |
| GME Gamestop Corp. Class A | put | New | 75,000 | $2.0M |
| FCX Freeport-McMoran Inc. | call | New | 45,000 | $1.8M |
| HUBS HubSpot Inc. | call | New | 3,500 | $1.6M |
| CORZ Core Scientific Inc. | call | New | 85,000 | $1.5M |
| WOLF Wolfspeed Inc. | call | New | 50,000 | $1.4M |
| GOOGL Alphabet Inc. Class A | call | Reduce -63.1% | 5,800 | $1.4M |
| AVTR Avantor Inc. | put | Sold out | 100,000 | $1.3Mbefore exit |
| PL Planet Labs PBC | put | Add +2.0% | 102,000 | $1.3M |
| CFLT Confluent Inc. Class A | call | New | 65,000 | $1.3M |
| OUST Ouster Inc. | put | Sold out | 50,000 | $1.2Mbefore exit |
| NEM Newmont Corp. | call | Sold out | 20,000 | $1.2Mbefore exit |
| SBSW Sibanye-Stillwater Ltd.-ADR | put | New | 100,000 | $1.1M |
| MSTR Strategy Inc. | put | Add +120.0% | 3,300 | $1.1M |
| AMAT Applied Materials Inc. | put | New | 4,700 | $962K |
| JD Jd.com Inc.-ADR | call | Reduce -32.1% | 25,800 | $902K |
| NXH Neighborhood Intelligence Inc. | put | Sold out | 125,000 | $860Kbefore exit |
| BILI Bilibili Inc.-Sponsored ADR | call | Sold out | 40,000 | $858Kbefore exit |
| LRCX Lam Research Corp. | put | New | 6,300 | $844K |
| PDD PDD Holdings Inc. | call | Reduce -29.2% | 6,300 | $833K |
| ELF Elf Beauty Inc. | put | Sold out | 6,500 | $809Kbefore exit |
| CAMT Camtek Ltd. | put | New | 7,500 | $788K |
| IQ Iqiyi Inc.-ADR | put | Reduce -23.9% | 304,600 | $780K |
| ASML ASML Holding NV-NY Reg SHS | put | New | 800 | $774K |
| BABA Alibaba Group Holding-SP ADR | call | Reduce -27.1% | 4,300 | $769K |
| GDX Vaneck Gold Miners ETF | call | New | 10,000 | $764K |
| BIDU Baidu Inc. - Spon ADR | call | Reduce -37.5% | 5,500 | $725K |
| TME Tencent Music Entertainm-ADR | call | Sold out | 35,000 | $682Kbefore exit |
| QS Quantumscape Corp. | put | Sold out | 100,000 | $672Kbefore exit |
| DOLE Dole PLC | call | New | 50,000 | $672K |
| KDP Keurig Dr Pepper Inc. | call | New | 25,000 | $638K |
| AI C3.AI Inc. Class A | call | Sold out | 25,000 | $614Kbefore exit |
| MSTR Strategy Inc. | call | Sold out | 1,500 | $606Kbefore exit |
| AMCR Amcor PLC | call | Add +40.0% | 70,000 | $573K |
| COIN Coinbase Global Inc. Class A | put | Sold out | 1,500 | $526Kbefore exit |
| CDE Coeur Mining Inc. | call | Sold out | 50,000 | $443Kbefore exit |
| SMLR Semler Scientific Inc. | call | New | 11,500 | $345K |
| NB Niocorp Developments Ltd. | put | New | 50,000 | $334K |
Showing the first 50 of 55.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 5,000,000 | $5.7Mbefore exit |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | Sold out | 6,050,000 | $5.5Mbefore exit |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | Sold out | 5,500,000 | $4.5Mbefore exit |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +50.9% | 42,209 | $3.9M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 3,500,000 | $3.2M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Sold out | 1,000,000 | $1.8Mbefore exit |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Add +8.7% | 62,410 | $461K |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | Reduce -1.7% | 643,767 | $373K |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | New | 197,576 | $364K |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | Sold out | 491,957 | $315Kbefore exit |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | Reduce -47.7% | 52,415 | $314K |
| PCTTW Purecycle Techno-CW26 | *W EXP 03/17/202 | Add +36.7% | 75,205 | $254K |
| TMCWW TMC the Metals Co. Inc. -CW25I | *W EXP 09/09/202 | Reduce -24.4% | 194,116 | $204K |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | Reduce -15.5% | 211,188 | $158K |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Reduce -32.2% | 197,268 | $144K |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | Sold out | 12,325 | $141Kbefore exit |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | Sold out | 148,670 | $123Kbefore exit |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | New | 119,600 | $74K |
| NXATW K Wave Media Ltd.-28 | *W EXP 05/14/203 | Add +100.0% | 400,000 | $58K |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | Reduce -2.2% | 268,981 | $52K |
| VWAVW Visionwave Holdings Inc. | *W EXP 07/14/203 | New | 120,998 | $50K |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | Sold out | 91,200 | $47Kbefore exit |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | Sold out | 100,000 | $40Kbefore exit |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | New | 17,361 | $38K |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | Add +12.9% | 1,917,304 | $36K |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | Sold out | 29,224 | $33Kbefore exit |
| USA RARE EARTH INC | *W EXP 03/13/203 | Sold out | 11,732 | $28Kbefore exit |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | New | 82,640 | $16K |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | New | 27,271 | $12K |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | New | 200,000 | $9K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 81 | $93.0M | FLEX, AKAM, TNL, CSTM, META |
| Q1 2026 | 100 | $99.5M | IWM, QQQ, CSTM, TNL, FLEX |
| Q4 2025 | 87 | $86.0M | CSTM, TNL, GXO, ATMU, FLEX |
| Q3 2025 | 67 | $79.8M | GXO, TNL, CSTM, ATMU, FLEX |
| Q2 2025 | 80 | $65.2M | GXO, FLEX, ALIT, TNL, CSTM |
| Q1 2025 | 64 | $53.7M | ALIT, GXO, ATMU, TNL, KBR |
| Q4 2024 | 55 | $69.4M | ALIT, DNB, GXO, FLEX, ATMU |
| Q3 2024 | 66 | $112.2M | ALIT, PRGO, TNL, CSTM, GXO |
| Q2 2024 | 74 | $125.2M | TNL, CSTM, PRGO, ALIT, FLEX |
| Q1 2024 | 59 | $118.8M | ALIT, CSTM, TNL, LUCK, FLEX |