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Ionic Capital Management LLC

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13F filer, CIK 1386462, NEW YORK, NY

Ionic Capital Management LLC reported $958,491,174 across 130 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 35.14% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000929638-25-004285

Period
2025-09-30
Reported value
$958M
Holdings
130
Top 10 weight
35.14%
New
50
Sold out
64

Largest buys vs the previous quarter

SecurityShares changeApprox. value
GDXadded+27,991$2.14M
JHXnew+91,627$1.76M
PRMBadded+74,438$1.65M
MUnew+9,631$1.61M
CHURCHILL CAP CORP Xnew+125,000$1.61M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
PENNreduced-72,162-$1.39M
URIexited-1,730-$1.3M
GTMreduced-104,500-$1.14M
SOCexited-48,153-$1.06M
CORZexited-54,000-$922K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0000929638-25-004285, largest first. % of portfolio is the value over $89,798,603, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GXOGXO LOGISTICS INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 126,102 shares; 2024Q4: 98,267 shares; 2025Q1: 81,449 shares; 2025Q2: 75,449 shares; 2025Q3: 78,449 shares 78,449$4.15M4.62%+3,000Timeline
STRKSTRATEGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 37,693 shares; 2025Q2: 27,970 shares; 2025Q3: 42,209 shares 42,209$3.87M4.31%+14,239Timeline
TNLTRAVEL PLUS LEISURE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 190,132 shares; 2024Q4: 69,051 shares; 2025Q1: 57,589 shares; 2025Q2: 57,589 shares; 2025Q3: 57,589 shares 57,589$3.43M3.82%0Timeline
CSTMCONSTELLIUM SEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 531,490 shares; 2024Q4: 281,394 shares; 2025Q1: 218,566 shares; 2025Q2: 218,566 shares; 2025Q3: 218,566 shares 218,566$3.25M3.62%0Timeline
ATMUATMUS FILTRATION TECHNOLOGIEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 110,718 shares; 2024Q4: 89,156 shares; 2025Q1: 75,355 shares; 2025Q2: 75,355 shares; 2025Q3: 68,355 shares 68,355$3.08M3.43%-7,000Timeline
FLEXFLEX LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 176,980 shares; 2024Q4: 98,024 shares; 2025Q1: 61,253 shares; 2025Q2: 61,253 shares; 2025Q3: 49,253 shares 49,253$2.86M3.18%-12,000Timeline
GDXVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 59,270 shares; 2024Q4: not reported; 2025Q1: 6,000 shares; 2025Q2: 8,000 shares; 2025Q3: 35,991 shares 35,991$2.75M3.06%+27,991Timeline
GMEDGLOBUS MED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,296 shares; 2024Q4: 25,296 shares; 2025Q1: 25,296 shares; 2025Q2: 41,796 shares; 2025Q3: 46,596 shares 46,596$2.67M2.97%+4,800Timeline
PRMBPRIMO BRANDS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 28,000 shares; 2025Q3: 102,438 shares 102,438$2.26M2.52%+74,438Timeline
RHRHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,400 shares; 2025Q2: 10,700 shares; 2025Q3: 10,700 shares 10,700$2.17M2.42%0Timeline
COHRCOHERENT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,000 shares; 2024Q4: 10,000 shares; 2025Q1: 14,000 shares; 2025Q2: 18,307 shares; 2025Q3: 18,000 shares 18,000$1.94M2.16%-307Timeline
QQQXNUVEEN NASDAQ 100 DYNAMIC OVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 101,732 shares; 2024Q4: 74,146 shares; 2025Q1: 74,146 shares; 2025Q2: 69,146 shares; 2025Q3: 69,146 shares 69,146$1.9M2.11%0Timeline
AIOTPOWERFLEET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 99,846 shares; 2025Q2: 180,677 shares; 2025Q3: 354,977 shares 354,977$1.86M2.07%+174,300Timeline
FLSFLOWSERVE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 16,000 shares; 2025Q2: 29,000 shares; 2025Q3: 35,000 shares 35,000$1.86M2.07%+6,000Timeline
ALITALIGHT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,288,066 shares; 2024Q4: 806,251 shares; 2025Q1: 543,256 shares; 2025Q2: 527,752 shares; 2025Q3: 567,752 shares 567,752$1.85M2.06%+40,000Timeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,000 shares; 2025Q2: 4,000 shares; 2025Q3: 9,956 shares 9,956$1.78M1.98%+5,956Timeline
JHXJAMES HARDIE INDS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 91,627 shares 91,627$1.76M1.96%newTimeline
YETIYETI HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 37,500 shares; 2025Q3: 49,500 shares 49,500$1.64M1.83%+12,000Timeline
CZRCAESARS ENTERTAINMENT INC NEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 45,186 shares; 2024Q4: 53,185 shares; 2025Q1: 54,185 shares; 2025Q2: 44,185 shares; 2025Q3: 60,000 shares 60,000$1.62M1.81%+15,815Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 9,631 shares 9,631$1.61M1.79%newTimeline
CHURCHILL CAP CORP XCHURCHILL CAP CORP XQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 125,000 shares 125,000$1.61M1.79%new
SNXTD SYNNEX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,500 shares; 2024Q4: 10,100 shares; 2025Q1: 13,100 shares; 2025Q2: 10,600 shares; 2025Q3: 9,100 shares 9,100$1.49M1.66%-1,500Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 525 shares; 2024Q4: 3,000 shares; 2025Q1: 10,073 shares; 2025Q2: 6,150 shares; 2025Q3: 7,937 shares 7,937$1.48M1.65%+1,787Timeline
HPEHEWLETT PACKARD ENTERPRISE CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 57,000 shares 57,000$1.4M1.56%newTimeline
WIWWESTERN AST INFL LKD OPP & IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 84,421 shares; 2024Q4: 129,740 shares; 2025Q1: 129,740 shares; 2025Q2: 144,740 shares; 2025Q3: 156,240 shares 156,240$1.39M1.55%+11,500Timeline
GBTGGLOBAL BUSINESS TRAVEL GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 128,007 shares; 2025Q3: 168,007 shares 168,007$1.36M1.51%+40,000Timeline
MAGSLISTED FDS TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 17,762 shares 17,762$1.15M1.28%newTimeline
TDSTELEPHONE & DATA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,009 shares; 2024Q4: 21,754 shares; 2025Q1: 24,254 shares; 2025Q2: 24,254 shares; 2025Q3: 29,254 shares 29,254$1.15M1.28%+5,000Timeline
BLDRBUILDERS FIRSTSOURCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 9,000 shares; 2025Q3: 9,000 shares 9,000$1.09M1.22%0Timeline
DIAXNUVEEN DOW 30SM DYNAMIC OVERWRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 104,333 shares; 2024Q4: 72,407 shares; 2025Q1: 72,407 shares; 2025Q2: 72,407 shares; 2025Q3: 72,407 shares 72,407$1.08M1.2%0Timeline
CIFRCIPHER DIGITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 80,000 shares 80,000$1.01M1.12%newTimeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,000 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,300 shares; 2025Q3: 3,027 shares 3,027$999K1.11%+727Timeline
AMCOR PLCAMCOR PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 66,000 shares; 2025Q3: 120,800 shares 120,800$988K1.1%+54,800
PLTRPALANTIR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,734 shares; 2025Q2: 3,834 shares; 2025Q3: 5,282 shares 5,282$964K1.07%+1,448Timeline
CRWVCOREWEAVE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 7,000 shares 7,000$958K1.07%newTimeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,800 shares; 2024Q4: 1,200 shares; 2025Q1: not reported; 2025Q2: 1,950 shares; 2025Q3: 1,300 shares 1,300$955K1.06%-650Timeline
ETHAISHARES ETHEREUM TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 25,000 shares; 2025Q3: 29,422 shares 29,422$927K1.03%+4,422Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,200 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,548 shares 3,548$903K1.01%newTimeline
SBETSHARPLINK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 52,000 shares 52,000$885K0.99%newTimeline
SOXXISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,185 shares 3,185$864K0.96%newTimeline
SMCISUPER MICRO COMPUTER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 12,500 shares; 2025Q1: 10,521 shares; 2025Q2: 8,521 shares; 2025Q3: 16,551 shares 16,551$793K0.88%+8,030Timeline
PENNPENN ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 84,662 shares; 2025Q2: 112,162 shares; 2025Q3: 40,000 shares 40,000$770K0.86%-72,162Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,200 shares; 2025Q1: 850 shares; 2025Q2: 1,650 shares; 2025Q3: 1,650 shares 1,650$734K0.82%0Timeline
LIONLIONSGATE STUDIOS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 70,000 shares; 2025Q3: 105,561 shares 105,561$728K0.81%+35,561Timeline
SIRISIRIUSXM HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 64,419 shares; 2024Q4: 39,470 shares; 2025Q1: 39,470 shares; 2025Q2: 39,470 shares; 2025Q3: 30,000 shares 30,000$698K0.78%-9,470Timeline
AMDADVANCED MICRO DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,000 shares; 2024Q4: 3,900 shares; 2025Q1: 3,340 shares; 2025Q2: 3,040 shares; 2025Q3: 4,140 shares 4,140$670K0.75%+1,100Timeline
MSTRSTRATEGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,369 shares; 2025Q1: 1,386 shares; 2025Q2: 932 shares; 2025Q3: 2,002 shares 2,002$645K0.72%+1,070Timeline
NAKNORTHERN DYNASTY MINERALS LTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 257,500 shares; 2025Q3: 517,500 shares 517,500$621K0.69%+260,000Timeline
BATRKATLANTA BRAVES HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 8,689 shares; 2025Q1: 11,689 shares; 2025Q2: 14,189 shares; 2025Q3: 14,189 shares 14,189$590K0.66%0Timeline
MR COOPER GROUP INCMR COOPER GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,000 shares; 2025Q3: 2,799 shares 2,799$590K0.66%-2,201
BHFBRIGHTHOUSE FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 11,000 shares 11,000$584K0.65%newTimeline
GSR III ACQUISITION CORPGSR III ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$518K0.58%new
MANUMANCHESTER UTD PLC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,300 shares; 2024Q4: 34,180 shares; 2025Q1: 34,180 shares; 2025Q2: 34,180 shares; 2025Q3: 34,180 shares 34,180$517K0.58%0Timeline
COINCOINBASE GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,900 shares; 2025Q1: 1,600 shares; 2025Q2: 1,200 shares; 2025Q3: 1,494 shares 1,494$504K0.56%+294Timeline
LWAYLIFEWAY FOODS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 18,000 shares 18,000$500K0.56%newTimeline
GLWCORNING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 6,000 shares; 2025Q3: 6,000 shares 6,000$492K0.55%0Timeline
GEN DIGITAL INCGEN DIGITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 57,410 shares; 2025Q3: 62,410 shares 62,410$461K0.51%+5,000
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,250 shares; 2024Q4: 2,400 shares; 2025Q1: 2,300 shares; 2025Q2: 2,050 shares; 2025Q3: 2,050 shares 2,050$450K0.5%0Timeline
SPROSPERO THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 150,000 shares; 2025Q3: 208,725 shares 208,725$392K0.44%+58,725Timeline
AUROWAURORA INNOVATION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,314,994 shares; 2024Q4: 858,719 shares; 2025Q1: 746,369 shares; 2025Q2: 654,988 shares; 2025Q3: 643,767 shares 643,767$373K0.42%-11,221Timeline
NIOBWNIOCORP DEVS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 197,576 shares 197,576$364K0.4%newTimeline
JOBY AVIATION INCJOBY AVIATION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 100,174 shares; 2025Q3: 52,415 shares 52,415$314K0.35%-47,759
BATRAATLANTA BRAVES HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 4,819 shares; 2025Q1: 4,819 shares; 2025Q2: 6,819 shares; 2025Q3: 6,819 shares 6,819$310K0.35%0Timeline
EAELECTRONIC ARTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,500 shares 1,500$303K0.34%newTimeline
SBSWSIBANYE STILLWATER LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,460 shares 25,460$286K0.32%newTimeline
PURECYCLE TECHNOLOGIES INCPURECYCLE TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 55,000 shares; 2025Q3: 75,205 shares 75,205$254K0.28%+20,205
ASTSAST SPACEMOBILE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 4,302 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 5,005 shares 5,005$246K0.27%newTimeline
GTMZOOMINFO TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 175,000 shares; 2025Q1: 151,694 shares; 2025Q2: 125,694 shares; 2025Q3: 21,194 shares 21,194$231K0.26%-104,500Timeline
RKTROCKET COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 10,935 shares 10,935$212K0.24%newTimeline
TMCWWTMC THE METALS COMPANY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 256,698 shares; 2025Q3: 194,116 shares 194,116$204K0.23%-62,582Timeline
AURAURORA INNOVATION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 33,246 shares 33,246$179K0.2%newTimeline
NET POWER INCNET POWER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 250,000 shares; 2025Q2: 250,000 shares; 2025Q3: 211,188 shares 211,188$158K0.18%-38,812
OPENOPENDOOR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 18,227 shares 18,227$145K0.16%newTimeline
EVLVWEVOLV TECHNOLOGIES HLDNGS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 450,000 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 290,864 shares; 2025Q3: 197,268 shares 197,268$144K0.16%-93,596Timeline
GCT SEMICONDUCTOR HLDG INCGCT SEMICONDUCTOR HLDG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 573,000 shares; 2025Q2: 673,000 shares; 2025Q3: 673,000 shares 673,000$126K0.14%0
LIVEWIRE GROUP INCLIVEWIRE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 391,014 shares; 2024Q4: 266,430 shares; 2025Q1: 266,430 shares; 2025Q2: 1,522,201 shares; 2025Q3: 1,522,201 shares 1,522,201$111K0.12%0
BZAIWBLAIZE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 119,600 shares 119,600$74.3K0.08%newTimeline
NXATWNEXUS ADVANCED TECHNOLOGIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 200,000 shares; 2025Q3: 400,000 shares 400,000$58K0.06%+200,000Timeline
SOUTHLAND HLDGS INCSOUTHLAND HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 274,981 shares; 2024Q4: 274,981 shares; 2025Q1: 274,981 shares; 2025Q2: 274,981 shares; 2025Q3: 268,981 shares 268,981$51.9K0.06%-6,000
VWAVWVISIONWAVE HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 120,998 shares 120,998$49.8K0.06%newTimeline
ARCHER AVIATION INCARCHER AVIATION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,274,782 shares; 2024Q4: 69,000 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 17,361 shares 17,361$38K0.04%new
LANVIN GROUP HOLDINGS LIMITELANVIN GROUP HOLDINGS LIMITEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,079,585 shares; 2024Q4: 747,561 shares; 2025Q1: 747,561 shares; 2025Q2: 1,697,432 shares; 2025Q3: 1,917,304 shares 1,917,304$36K0.04%+219,872
GENGEN DIGITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,116 shares 1,116$31.7K0.04%newTimeline
HPAIWHELPORT AI LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 82,640 shares 82,640$16.3K0.02%newTimeline
BGLWWBLUE GOLD LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 27,271 shares 27,271$12.5K0.01%newTimeline
RNWWWRENEW ENERGY GLOBAL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 200,000 shares 200,000$9.12K0.01%newTimeline
BRLSWBOREALIS FOODS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 70,000 shares; 2025Q2: 70,000 shares; 2025Q3: 70,000 shares 70,000$5.36K0.01%0Timeline
ETHUVOLATILITY SHS TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 4 shares 4$519<0.01%newTimeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
HYGISHARES TR IBOXX HI YD ETFput5,250,000$426M+4,000,000
EEMISHARES TR MSCI EMG MKT ETFcall3,500,000$187Mnew
HYGISHARES TR IBOXX HI YD ETFcall1,000,000$81.2Mnew
IWMISHARES TR SHSput200,000$48.4Mnew
IWMISHARES TR SHScall200,000$48.4Mnew
EWZISHARES INC MSCI BRAZIL ETFput700,000$21.7M+300,000
EWZISHARES INC MSCI BRAZIL ETFcall500,000$15.5M+100,000
CDECOEUR MNG INC Stockput300,000$5.63M0
GENGEN DIGITAL INC Stockput145,000$4.12M+10,000
INTCINTEL CORP COMcall65,000$2.18M+15,000
GMEGAMESTOP CORP CL Aput75,000$2.05Mnew
FCXFREEPORT MCMORAN INC Stockcall45,000$1.76Mnew
HUBSHUBSPOT INC STOKcall3,500$1.64Mnew
CORZCORE SCIENTIFIC INC NEW COMcall85,000$1.52Mnew
WOLFWOLFSPEED INC COMMON STOCKcall50,000$1.43Mnew
GOOGLALPHABET INC COMcall5,800$1.41M-9,900
PLPLANET LABS PBC COM CL Aput102,000$1.32M+2,000
CFLTCONFLUENT INC-CLASS A CLASS A COMcall65,000$1.29Mnew
SBSWSIBANYE STILLWATER LTD ADRput100,000$1.12Mnew
AURAURORA INNOVATION INC Stockput200,000$1.08M0
MSTRSTRATEGY INC Stockput3,300$1.06M+1,800
AMATAPPLIED MATLS INC COMput4,700$962Knew
JDJD.COM INC ADRcall25,800$902K-12,200
LRCXLAM RESEARCH CORP COMput6,300$844Knew
PDDPDD HOLDINGS INC ADRcall6,300$833K-2,600
COMPCOMPASS INC CL Acall100,000$803K0
CAMTCAMTEK LTD Stockput7,500$788Knew
IQIQIYI INC ADRput304,600$780K-95,400
ASMLASML HLDG NV STOKput800$774Knew
BABAALIBABA GROUP HLDG LTD SPONSORED ADScall4,300$769K-1,600
GDXVANECK ETF TRUST GOLD MINERS ETFcall10,000$764Knew
BIDUBAIDU INC ADRcall5,500$725K-3,300
DOLEDOLE PLC ORD SHScall50,000$672Knew
KDPKEURIG DR PEPPER INC Stockcall25,000$638Knew
AMCOR PLCAMCOR PLC ORDcall70,000$573K+20,000
ETHUVOLATILITY SHS TR 2X ETHER ETF NEWput3,800$493K0
EVGOEVGO INC CL A COMcall100,000$473K0
SEMLER SCIENTIFIC INCSEMLER SCIENTIFIC INC COMcall11,500$345Knew
NBNIOCORP DEVS LTD COM NEWput50,000$334Knew
MSTXTIDAL TR II DEFIANCE DAILY TAR ETFput9,500$203K+4,200
CRWVCOREWEAVE INC COMcall600$82.1Knew

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0principal3,500,000$3.24Mnew

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
EEMISHARES TR2,000,000$96.5Mput
CNICANADIAN NATL RY CO58,500$6.09Mcall
WAYFAIR INCWAYFAIR INC5,000,000$5.71Mprincipal
MARA HOLDINGS INCMARA HOLDINGS INC6,050,000$5.47Mprincipal
ENPHASE ENERGY INCENPHASE ENERGY INC5,500,000$4.51Mprincipal
JOBYJOBY AVIATION INC201,000$2.12Mput
AURAURORA INNOVATION INC400,000$2.1Mcall
WESTERN DIGITAL CORPWESTERN DIGITAL CORP1,000,000$1.79Mprincipal
AVTRAVANTOR INC100,000$1.35Mput
URIUNITED RENTALS INC1,730$1.3Mshares
OUSTOUSTER INC50,000$1.21Mput
NEMNEWMONT CORP20,000$1.17Mcall
SOCSABLE OFFSHORE CORP48,153$1.06Mshares
CORZCORE SCIENTIFIC INC NEW54,000$922Kshares
FOOT LOCKER INCFOOT LOCKER INC37,500$919Kshares
NXHNEIGHBORHOOD INTELLIGENCE IN125,000$860Kput
BILIBILIBILI INC40,000$858Kcall
ELFE L F BEAUTY INC6,500$809Kput
TMETENCENT MUSIC ENTMT GROUP35,000$682Kcall
QSQUANTUMSCAPE CORP100,000$672Kput
TELUS INTL CDA INCTELUS INTL CDA INC175,000$635Kshares
SKXSKECHERS U S A INC10,000$631Kshares
AIC3 AI INC25,000$614Kcall
MSTRSTRATEGY INC1,500$606Kcall
COINCOINBASE GLOBAL INC1,500$526Kput
NXHNEIGHBORHOOD INTELLIGENCE IN75,152$517Kshares
NCZVIRTUS CONVERTIBLE & INC FD38,706$497Kshares
AVTRAVANTOR INC36,343$489Kshares
IBITISHARES BITCOIN TRUST ETF7,941$486Kshares
CDECOEUR MNG INC50,000$443Kcall
ARRYARRAY TECHNOLOGIES INC70,000$413Kshares
NCVVIRTUS CONVERTIBLE & INCOME28,013$398Kshares
PSFEPAYSAFE LIMITED25,000$316Kput
GCM GROSVENOR INCGCM GROSVENOR INC491,957$315Kshares
APLDAPPLIED DIGITAL CORP30,000$302Kshares
RCLROYAL CARIBBEAN GROUP869$272Kshares
KKRKKR & CO INC2,000$266Kshares
PSFEPAYSAFE LIMITED20,419$258Kshares
PLPLANET LABS PBC40,000$244Kcall
VIKVIKING HOLDINGS LTD4,254$227Kshares
CUKCARNIVAL PLC8,638$220Kshares
PSFEPAYSAFE LIMITED15,000$189Kcall
DJTWWTRUMP MEDIA & TECHNOLOGY GRO12,325$141Kshares
PLWSPLANET LABS PBC148,670$123Kshares
IQIQIYI INC59,024$104Kshares
CDECOEUR MNG INC10,993$97.4Kshares
AGFIRST MAJESTIC SILVER CORP11,300$93.5Kshares
LUCID GROUP INCLUCID GROUP INC42,924$90.6Kshares
CODICOMPASS DIVERSIFIED13,280$83.4Kshares
HLHECLA MINING COMPANY13,078$78.3Kshares
DNUTKRISPY KREME INC19,913$57.9Kshares
SATLSATELLOGIC INC13,477$48.8Kshares
ALGOMA STL GROUP INCALGOMA STL GROUP INC91,200$46.5Kshares
JBLUJETBLUE AIRWAYS CORP10,671$45.1Kshares
SESSES AI CORPORATION47,571$42.3Kshares
IRBTQIROBOT CORP12,992$40.7Kshares
BTMWQBITCOIN DEPOT INC100,000$39.8Kshares
SPCEVIRGIN GALACTIC HOLDINGS INC14,381$39.3Kshares
ABACUS GLOBAL MGMT INCABACUS GLOBAL MGMT INC29,224$32.7Kshares
WOLFSPEED INCWOLFSPEED INC72,133$28.8Kshares
MARAMARA HOLDINGS INC1,799$28.2Kshares
USA RARE EARTH INCUSA RARE EARTH INC11,732$27.9Kshares
LVWRLIVEWIRE GROUP INC4,336$19.9Kshares
ENPHENPHASE ENERGY INC278$11Kshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000929638-25-004285 base2025-11-14acceptance time not in the bulk data set