Q1 2026 · 13F-HR
ION Fund Management Ltdholdings as filed
Filed 2026-05-15 · accession 0001178913-26-002740
$706.7M
Reported value
62
Positions
2026-03-31
Period end
The Brief · ION Fund Management Ltd · Q1 2026
AI · grounded in 13F
ION Fund Management Ltd closed its position in TEAM, reducing exposure by $37.4M. The fund also exited positions in FCX and CSGP, totaling $33M and $31M respectively. On the buy side, the fund established a new position in UCTT worth $21.7M and added FLS with a $14.4M investment. Additionally, the fund increased its share count in SHC by 11,833.9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 881624209 | TEVA | TEVA PHARMACEUTICAL INDS LT | $116.2M | 16.4% | 3,859,443 | Common | SOLE |
| 24665A103 | DK | DELEK US HLDGS INC NEW | $61.7M | 8.74% | 1,370,000 | Common | SOLE |
| 83417M104 | SEDG | SOLAREDGE TECHNOLOGIES INC | $56.3M | 7.97% | 1,103,690 | Common | SOLE |
| 452327109 | ILMN | ILLUMINA INC | $48.1M | 6.81% | 390,200 | Common | SOLE |
| Y1968P121 | DAC | DANAOS CORPORATION | $42.9M | 6.07% | 381,122 | Common | SOLE |
| 71880K101 | PHIN | PHINIA INC | $34.9M | 4.94% | 510,000 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $30.4M | 4.30% | 2,618,200 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $29.8M | 4.21% | 4,488,400 | Common | SOLE |
| Y62267409 | NMM | NAVIOS MARITIME PARTNERS LP | $29.1M | 4.12% | 430,944 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $27.1M | 3.84% | 1,706,000 | CALL | SOLE |
| 74743L100 | Q | QNITY ELECTRONICS INC | $25.6M | 3.62% | 221,600 | Common | SOLE |
| 90385V107 | UCTT | ULTRA CLEAN HLDGS INC | $21.8M | 3.08% | 349,852 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $17.1M | 2.43% | 125,000 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $17.1M | 2.42% | 1,193,390 | Common | SOLE |
| 34354P105 | FLS | FLOWSERVE CORP | $14.5M | 2.05% | 197,000 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP | $14.0M | 1.98% | 299,200 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO S A | $12.4M | 1.76% | 600,000 | CALL | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $11.4M | 1.61% | 146,900 | PUT | SOLE |
| 171779309 | CIEN | CIENA CORP | $10.7M | 1.52% | 27,665 | Common | SOLE |
| 87305R109 | TTMI | TTM TECHNOLOGIES INC | $9.7M | 1.38% | 100,000 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $6.2M | 0.87% | 30,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $5.0M | 0.71% | 24,000 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $4.8M | 0.68% | 80,000 | Common | SOLE |
| M5216V106 | GLBE | GLOBAL E ONLINE LTD | $4.8M | 0.68% | 155,000 | Common | SOLE |
| M22465104 | CHKP | CHECK POINT SOFTWARE TECH L | $3.7M | 0.53% | 26,000 | Common | SOLE |
| 679295105 | OKTA | OKTA INC | $3.1M | 0.45% | 40,000 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $2.7M | 0.38% | 8,000 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP I | $2.7M | 0.38% | 40,000 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $2.6M | 0.36% | 16,000 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $2.2M | 0.31% | 5,045 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $2.1M | 0.30% | 17,370 | Common | SOLE |
| 69888T207 | PARR | PAR PAC HOLDINGS INC | $2.0M | 0.28% | 32,065 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $1.9M | 0.26% | 9,200 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $1.7M | 0.24% | 107,100 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $1.7M | 0.24% | 32,470 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $1.6M | 0.23% | 42,025 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $1.6M | 0.23% | 16,275 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.6M | 0.22% | 9,360 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $1.5M | 0.22% | 40,000 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO S A | $1.5M | 0.21% | 72,000 | Common | SOLE |
| 37954Y848 | SIL | GLOBAL X FDS | $1.4M | 0.20% | 15,400 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $1.4M | 0.19% | 20,100 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $1.4M | 0.19% | 30,000 | Common | SOLE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $1.3M | 0.18% | 3,000 | Common | SOLE |
| 12662P108 | CVI | CVR ENERGY INC | $1.1M | 0.16% | 33,385 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $1.1M | 0.15% | 14,150 | Common | SOLE |
| 84265V105 | SCCO | SOUTHERN COPPER CORP | $1.1M | 0.15% | 6,168 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $1.0M | 0.15% | 4,100 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $1.0M | 0.14% | 119,500 | Common | SOLE |
| 007973100 | AEIS | ADVANCED ENERGY INDS | $968,130 | 0.14% | 3,000 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $957,145 | 0.14% | 3,335 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $865,760 | 0.12% | 16,000 | Common | SOLE |
| Y2685T131 | GNK | GENCO SHIPPING & TRADING LT | $822,286 | 0.12% | 36,465 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $800,535 | 0.11% | 4,150 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $798,600 | 0.11% | 6,050 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $782,536 | 0.11% | 16,215 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SEC SOLUTI | $776,668 | 0.11% | 11,015 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $750,750 | 0.11% | 75,000 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $746,890 | 0.11% | 10,275 | Common | SOLE |
| Y8162K204 | SBLK | STAR BULK CARRIERS CORP. | $695,302 | 0.10% | 30,270 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO | $692,325 | 0.10% | 27,150 | Common | SOLE |
| 105532105 | BAK | BRASKEM SA | $423,462 | 0.06% | 115,700 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.