ION Fund Management Ltd
CIK 0002105906
Annualised vol
5.266279%
Beta
0.151319
HHI
1974.332898
Top-10 weight
77.992856%
VaR 95%
0.456461%
VaR 99%
1.008541%
Max drawdown
13.917139%
Matched value
34.620473%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| SEDG | REDUCED | 1,057,841 | 1,103,690 | -4.15% | 61,820,228 |
| SHC | ADDED | 3,343,648 | 1,193,390 | 180.18% | 59,349,752 |
| ILMN | REDUCED | 306,384 | 390,200 | -21.48% | 53,871,499 |
| DAC | ADDED | 410,977 | 381,122 | 7.83% | 50,291,255 |
| FLS | ADDED | 631,500 | 197,000 | 220.56% | 46,832,040 |
| GLBE | ADDED | 1,314,000 | 155,000 | 747.74% | 45,635,220 |
| PHIN | ADDED | 547,684 | 510,000 | 7.39% | 45,112,731 |
| FLR | ADDED | 777,285 | 299,200 | 159.79% | 40,721,961 |
| RIG | ADDED | 6,750,000 | 4,488,400 | 50.39% | 33,007,500 |
| NMPGY | ADDED | 441,439 | 430,944 | 2.44% | 30,931,631 |
| NXE | ADDED | 3,280,491 | 2,618,200 | 25.3% | 30,803,810 |
| CRWV | UNCHANGED | 146,900 | 146,900 | 0.0% | 14,622,426 |
| TTMI | REDUCED | 62,000 | 100,000 | -38.0% | 11,595,240 |
| ONTO | REDUCED | 19,000 | 30,000 | -36.67% | 7,190,550 |
| OKTA | ADDED | 50,000 | 40,000 | 25.0% | 6,822,500 |
| XYZ | UNCHANGED | 80,000 | 80,000 | 0.0% | 6,080,000 |
| AMZN | UNCHANGED | 24,000 | 24,000 | 0.0% | 5,720,160 |
| PANW | REDUCED | 11,000 | 16,000 | -31.25% | 3,751,220 |
| VALE | REDUCED | 213,100 | 1,813,100 | -88.25% | 3,205,024 |
| NET | NEW | 7,000 | - | - | 1,716,960 |
| ADM | ADDED | 20,675 | 10,275 | 101.22% | 1,579,570 |
| TWLO | NEW | 7,000 | - | - | 1,444,310 |
| AEM | UNCHANGED | 9,200 | 9,200 | 0.0% | 1,427,196 |
| SLB | REDUCED | 29,370 | 32,470 | -9.55% | 1,365,411 |
| MDB | NEW | 4,000 | - | - | 1,343,600 |
| HAL | REDUCED | 37,650 | 42,025 | -10.41% | 1,278,218 |
| DAL | NEW | 13,375 | - | - | 1,252,703 |
| NTR | ADDED | 19,400 | 14,150 | 37.1% | 1,221,230 |
| SCCO | ADDED | 6,229 | 6,168 | 0.99% | 1,085,466 |
| AKAM | NEW | 9,000 | - | - | 1,063,890 |
| VAL | REDUCED | 14,295 | 16,275 | -12.17% | 1,037,817 |
| COP | ADDED | 9,180 | 6,050 | 51.74% | 954,353 |
| RGLD | UNCHANGED | 4,100 | 4,100 | 0.0% | 818,401 |
| GLNG | UNCHANGED | 16,000 | 16,000 | 0.0% | 797,440 |
| SBLK | UNCHANGED | 30,270 | 30,270 | 0.0% | 755,842 |
| BAK | ADDED | 119,000 | 115,700 | 2.85% | 290,360 |
| Q | CLOSED OUT | 0 | 221,600 | -100.0% | 0 |
| SUZ | CLOSED OUT | 0 | 75,000 | -100.0% | 0 |
| IBIT | CLOSED OUT | 0 | 40,000 | -100.0% | 0 |
| CVI | CLOSED OUT | 0 | 33,385 | -100.0% | 0 |
| CIEN | CLOSED OUT | 0 | 27,665 | -100.0% | 0 |
| MOS | CLOSED OUT | 0 | 27,150 | -100.0% | 0 |
| RTX | CLOSED OUT | 0 | 4,150 | -100.0% | 0 |
| MSI | CLOSED OUT | 0 | 3,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 662,760,000 | 42.03 | 900000.0 | |
| - | TEVA PHARMACEUTICAL INDS LT | D SPONSORED ADS | 881624209 | 141,644,115 | 8.98 | 4180759.0 | |
| - | DELEK US HLDGS INC NEW | COM | 24665A103 | 75,292,341 | 4.78 | 1481841.0 | |
| SHC | ADDED | SOTERA HEALTH CO | COM | 83601L102 | 59,349,752 | 3.76 | 3343648.0 |
| - | VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | 52,471,200 | 3.33 | 80000.0 | |
| SEDG | REDUCED | SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 | 52,469,828 | 3.33 | 897841.0 |
| DAC | ADDED | DANAOS CORPORATION | SHS | Y1968P121 | 50,291,255 | 3.19 | 410977.0 |
| ILMN | REDUCED | ILLUMINA INC | COM | 452327109 | 46,838,299 | 2.97 | 266384.0 |
| PHIN | ADDED | PHINIA INC | COMMON STOCK | 71880K101 | 45,112,731 | 2.86 | 547684.0 |
| FLS | ADDED | FLOWSERVE CORP | COM | 34354P105 | 43,494,840 | 2.76 | 586500.0 |
| GLBE | ADDED | GLOBAL E ONLINE LTD | SHS | M5216V106 | 40,773,020 | 2.59 | 1174000.0 |
| FLR | ADDED | FLUOR CORP | COM | 343412102 | 40,721,961 | 2.58 | 777285.0 |
| RIG | ADDED | TRANSOCEAN LTD | REGISTERED SHS | H8817H100 | 33,007,500 | 2.09 | 6750000.0 |
| NMPGY | ADDED | NAVIOS MARITIME PARTNERS LP | COM UNIT LPI | Y62267409 | 30,931,631 | 1.96 | 441439.0 |
| NXE | ADDED | NEXGEN ENERGY LTD | COM | 65340P106 | 30,803,810 | 1.95 | 3280491.0 |
| - | ULTRA CLEAN HLDGS INC | COM | 90385V107 | 29,516,130 | 1.87 | 207000.0 | |
| CRWV | UNCHANGED | COREWEAVE INC | COM CL A | 21873S108 | 14,622,426 | 0.93 | 146900.0 |
| - | ULTRA CLEAN HLDGS INC | COM | 90385V107 | 12,975,690 | 0.82 | 91000.0 | |
| TTMI | REDUCED | TTM TECHNOLOGIES INC | COM | 87305R109 | 11,595,240 | 0.74 | 62000.0 |
| SEDG | REDUCED | SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 | 9,350,400 | 0.59 | 160000.0 |
| ONTO | REDUCED | ONTO INNOVATION INC | COM | 683344105 | 7,190,550 | 0.46 | 19000.0 |
| ILMN | REDUCED | ILLUMINA INC | COM | 452327109 | 7,033,200 | 0.45 | 40000.0 |
| OKTA | ADDED | OKTA INC | CL A | 679295105 | 6,822,500 | 0.43 | 50000.0 |
| - | VEECO INSTRS INC DEL | COM | 922417100 | 6,367,200 | 0.4 | 84000.0 | |
| XYZ | UNCHANGED | BLOCK INC | CL A | 852234103 | 6,080,000 | 0.39 | 80000.0 |
| AMZN | UNCHANGED | AMAZON COM INC | COM | 023135106 | 5,720,160 | 0.36 | 24000.0 |
| GLBE | ADDED | GLOBAL E ONLINE LTD | SHS | M5216V106 | 4,862,200 | 0.31 | 140000.0 |
| PANW | REDUCED | PALO ALTO NETWORKS INC | COM | 697435105 | 3,751,220 | 0.24 | 11000.0 |
| - | INTERACTIVE BROKERS GROUP I | N COM CL A | 45841N107 | 3,481,600 | 0.22 | 40000.0 | |
| FLS | ADDED | FLOWSERVE CORP | COM | 34354P105 | 3,337,200 | 0.21 | 45000.0 |
| - | SPDR SERIES TRUST | ST STR SP REGBNK | 78464A698 | 2,878,731 | 0.18 | 38460.0 | |
| - | SPDR GOLD TR | GOLD SHS | 78463V107 | 1,858,477 | 0.12 | 5045.0 | |
| NET | NEW | CLOUDFLARE INC | CL A COM | 18915M107 | 1,716,960 | 0.11 | 7000.0 |
| VALE | REDUCED | VALE S A | SPONSORED ADS | 91912E105 | 1,610,784 | 0.1 | 107100.0 |
| VALE | REDUCED | VALE S A | SPONSORED ADS | 91912E105 | 1,594,240 | 0.1 | 106000.0 |
| ADM | ADDED | ARCHER DANIELS MIDLAND CO | COM | 039483102 | 1,579,570 | 0.1 | 20675.0 |
| - | PAR PAC HOLDINGS INC | COM NEW | 69888T207 | 1,482,755 | 0.09 | 26440.0 | |
| TWLO | NEW | TWILIO INC | CL A | 90138F102 | 1,444,310 | 0.09 | 7000.0 |
| AEM | UNCHANGED | AGNICO EAGLE MINES LTD | COM | 008474108 | 1,427,196 | 0.09 | 9200.0 |
| SLB | REDUCED | SLB LIMITED | COM STK | 806857108 | 1,365,411 | 0.09 | 29370.0 |
| MDB | NEW | MONGODB INC | CL A | 60937P106 | 1,343,600 | 0.09 | 4000.0 |
| - | EXXON MOBIL CORP | COM | 30231G102 | 1,279,699 | 0.08 | 9360.0 | |
| HAL | REDUCED | HALLIBURTON CO | COM | 406216101 | 1,278,218 | 0.08 | 37650.0 |
| DAL | NEW | DELTA AIR LINES INC | COM NEW | 247361702 | 1,252,703 | 0.08 | 13375.0 |
| NTR | ADDED | NUTRIEN LTD | COM | 67077M108 | 1,221,230 | 0.08 | 19400.0 |
| - | GLOBAL X FDS | GLOBAL X SILVER | 37954Y848 | 1,192,884 | 0.08 | 15400.0 | |
| - | PETROLEO BRASILEIRO S A | SPONSORED ADR | 71654V408 | 1,163,520 | 0.07 | 72000.0 | |
| SCCO | ADDED | SOUTHERN COPPER CORP | COM | 84265V105 | 1,085,466 | 0.07 | 6229.0 |
| - | ISHARES SILVER TR | ISHARES | 46428Q109 | 1,074,747 | 0.07 | 20100.0 | |
| AKAM | NEW | AKAMAI TECHNOLOGIES INC | COM | 00971T101 | 1,063,890 | 0.07 | 9000.0 |
| - | NORFOLK SOUTHN CORP | COM | 655844108 | 1,049,158 | 0.07 | 3335.0 | |
| VAL | REDUCED | VALARIS LTD | CL A | G9460G101 | 1,037,817 | 0.07 | 14295.0 |
| - | VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 | 1,016,888 | 0.06 | 10350.0 | |
| - | ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 | 976,315 | 0.06 | 119500.0 | |
| COP | ADDED | CONOCOPHILLIPS | COM | 20825C104 | 954,353 | 0.06 | 9180.0 |
| - | MP MATERIALS CORP | COM CL A | 553368101 | 908,202 | 0.06 | 16215.0 | |
| RGLD | UNCHANGED | ROYAL GOLD INC | COM | 780287108 | 818,401 | 0.05 | 4100.0 |
| GLNG | UNCHANGED | GOLAR LNG LTD | SHS | G9456A100 | 797,440 | 0.05 | 16000.0 |
| SBLK | UNCHANGED | STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 | 755,842 | 0.05 | 30270.0 |
| - | GENCO SHIPPING & TRADING LT | D SHS | Y2685T131 | 526,947 | 0.03 | 21265.0 | |
| BAK | ADDED | BRASKEM SA | SP ADR PFD A | 105532105 | 290,360 | 0.02 | 119000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 1,576,714,113 | 61 | 5.266279 | 0.151319 | 13.917139 |
| 2026-03-31 | 2026-05-15 | 706,674,787 | 68 | 8.71704 | 0.231218 | 24.68646 |
| 2025-12-31 | 2026-02-17 | 857,378,031 | 69 | 8.884181 | 0.34284 | 15.924051 |