ION Fund Management Ltd
13F Reported Value
ⓘ$706.7M
incl. option notional
Equity Holdings
ⓘ$655.7M
Option Notional
ⓘ$51.0M
$11.4M puts / $39.6M calls
Holdings
62
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
ION Fund Management Ltd disclosed 62 positions worth $706.7M in its Form 13F-HR for Q1 2026 — $655.7M in common stock plus $51.0M of put/call option positions (reported at underlying notional value, not premium at risk), led by $TEVA (TEVA PHARMACEUTICAL INDUSTRIES LTD) at 17.7% of the equity portfolio, followed by $DK and $SEDG. During the quarter the fund opened 16 new positions and exited 15 — including a new stake in $UCTT and a full exit from $TEAM. The portfolio is most concentrated in Technology (30.9% of disclosed assets). All figures are sourced directly from ION Fund Management Ltd’s Form 13F-HR filing with the SEC under CIK 2105906.
Sector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- $116.2M3,859,443 sh
- 33.9#2,219
Quality
$61.7M1,370,000 sh - 25.9#2,531
Quality
$56.3M1,103,690 sh - 62.5
Quality
$48.1M390,200 sh - —
Quality
$42.9M381,122 sh - 56.6
Quality
$34.9M510,000 sh - —
Quality
$30.4M2,618,200 sh - —
Quality
$29.8M4,488,400 sh - —
Quality
$29.1M430,944 sh - —
Quality
$27.1M1,706,000 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 TEVA PHARMACEUTICAL INDUSTRIES LTD$TEVA | — | $116.2M | 3,859,443 |
 Delek US Holdings, Inc.$DK | 33.9#2,219 | $61.7M | 1,370,000 |
 SOLAREDGE TECHNOLOGIES, INC.$SEDG | 25.9#2,531 | $56.3M | 1,103,690 |
 ILLUMINA, INC.$ILMN | 62.5 | $48.1M | 390,200 |
 Danaos Corp$DAC | — | $42.9M | 381,122 |
 PHINIA INC.$PHIN | 56.6 | $34.9M | 510,000 |
 NexGen Energy Ltd.$NXE | — | $30.4M | 2,618,200 |
 Transocean Ltd.$RIG | — | $29.8M | 4,488,400 |
 Navios Maritime Partners L.P.$NMM | — | $29.1M | 430,944 |
 Vale S.A.$VALECALL | — | $27.1M | 1,706,000 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of ION Fund Management Ltd's 62 positions.
Showing top 10 of 62 holdings.
Sector Allocation
Technology
$202.4M
Industrials
$157.4M
Healthcare
$133.4M
Energy
$103.4M
Materials
$38.7M
Financials
$11.2M
Consumer Discretionary
$5.0M
Other
$3.5M
Full Holdings — ION Fund Management Ltd (Q1 2026)
All 62 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $TEVA | TEVA PHARMACEUTICAL INDUSTRIES LTD | $116.2M | 17.7% | -5% | — |
| 2 | $DK | Delek US Holdings, Inc. | $61.7M | 9.4% | -22% | 33.9 |
| 3 | $SEDG | SOLAREDGE TECHNOLOGIES, INC. | $56.3M | 8.6% | +39% | 25.9 |
| 4 | $ILMN | ILLUMINA, INC. | $48.1M | 7.3% | +18% | 62.5 |
| 5 | $DAC | Danaos Corp | $42.9M | 6.5% | -9% | — |
| 6 | $PHIN | PHINIA INC. | $34.9M | 5.3% | -1% | 56.6 |
| 7 | $NXE | NexGen Energy Ltd. | $30.4M | 4.6% | +31% | — |
| 8 | $RIG | Transocean Ltd. | $29.8M | 4.5% | +2% | — |
| 9 | $NMM | Navios Maritime Partners L.P. | $29.1M | 4.4% | -8% | — |
| 10 | $VALECALL | Vale S.A. | $27.1M | — | -26% | — |
| 11 |  $Q | Qnity Electronics, Inc. | $25.6M | 3.9% | +8% | — |
| 12 |  $UCTT | Ultra Clean Holdings, Inc. | $21.8M | 3.3% | NEW | 36 |
| 13 |  $AER | AerCap Holdings N.V. | $17.1M | 2.6% | -53% | — |
| 14 |  $SHC | Sotera Health Co | $17.1M | 2.6% | NEW | 59.7 |
| 15 |  $FLS | FLOWSERVE CORP | $14.5M | 2.2% | NEW | 66.2 |
| 16 |  $FLR | FLUOR CORP | $14.0M | 2.1% | NEW | 66.2 |
| 17 |  $PBRCALL | PETROBRAS - PETROLEO BRASILEIRO SA | $12.4M | — | NEW | — |
| 18 |  $CRWVPUT | CoreWeave, Inc. | $11.4M | — | +0% | 46.5 |
| 19 |  $CIEN | CIENA CORP | $10.7M | 1.6% | -64% | 70.7 |
| 20 |  $TTMI | TTM TECHNOLOGIES INC | $9.7M | 1.5% | -29% | 59 |
| 21 |  $ONTO | ONTO INNOVATION INC. | $6.2M | 0.9% | NEW | 66.5 |
| 22 |  $AMZN | AMAZON COM INC | $5.0M | 0.8% | +20% | 74.6 |
| 23 |  $XYZ | Block, Inc. | $4.8M | 0.7% | -56% | 60.3 |
| 24 |  $GLBE | Global-E Online Ltd. | $4.8M | 0.7% | +55% | — |
| 25 |  $CHKP | CHECK POINT SOFTWARE TECHNOLOGIES LTD | $3.7M | 0.6% | -90% | — |
| 26 |  $OKTA | Okta, Inc. | $3.1M | 0.5% | -60% | 67.3 |
| 27 |  $LFUS | LITTELFUSE INC /DE | $2.7M | 0.4% | NEW | 58.7 |
| 28 |  $IBKR | Interactive Brokers Group, Inc. | $2.7M | 0.4% | -43% | 75.5 |
| 29 |  $PANW | Palo Alto Networks Inc | $2.6M | 0.4% | +0% | 66.5 |
| 30 |  $GLD | SPDR GOLD TRUST | $2.2M | 0.3% | -23% | — |
| 31 | — | VANECK ETF TRUST | $2.1M | 0.3% | +0% | — |
| 32 |  $PARR | PAR PACIFIC HOLDINGS, INC. | $2.0M | 0.3% | +0% | 54.3 |
| 33 |  $AEM | AGNICO EAGLE MINES LTD | $1.9M | 0.3% | -8% | — |
| 34 | $VALE | Vale S.A. | $1.7M | 0.3% | NEW | — |
| 35 |  $SLB | SLB LIMITED/NV | $1.7M | 0.3% | +35% | 63.2 |
| 36 |  $HAL | HALLIBURTON CO | $1.6M | 0.3% | +16% | 50.9 |
| 37 |  $VAL | Valaris Ltd | $1.6M | 0.2% | +0% | — |
| 38 |  $XOM | EXXON MOBIL CORP | $1.6M | 0.2% | +13% | 61.8 |
| 39 |  $IBIT | iShares Bitcoin Trust ETF | $1.5M | 0.2% | +0% | — |
| 40 | $PBR | PETROBRAS - PETROLEO BRASILEIRO SA | $1.5M | 0.2% | NEW | — |
| 41 | — | GLOBAL X FDS | $1.4M | 0.2% | -46% | — |
| 42 |  $SLV | iShares Silver Trust | $1.4M | 0.2% | -94% | — |
| 43 |  $PYPL | PayPal Holdings, Inc. | $1.4M | 0.2% | NEW | 70.5 |
| 44 |  $MSI | Motorola Solutions, Inc. | $1.3M | 0.2% | NEW | 73.8 |
| 45 |  $CVI | CVR ENERGY INC | $1.1M | 0.2% | +0% | 37.9 |
| 46 |  $NTR | Nutrien Ltd. | $1.1M | 0.2% | +0% | — |
| 47 |  $SCCO | SOUTHERN COPPER CORP/ | $1.1M | 0.2% | +1% | 86.6 |
| 48 |  $RGLD | ROYAL GOLD INC | $1.0M | 0.2% | +0% | 79.4 |
| 49 |  $ITUB | Itau Unibanco Holding S.A. | $1.0M | 0.1% | NEW | — |
| 50 |  $AEIS | ADVANCED ENERGY INDUSTRIES INC | $968,130 | 0.1% | NEW | 61.9 |
| 51 |  $NSC | NORFOLK SOUTHERN CORP | $957,145 | 0.1% | +0% | 70.8 |
| 52 |  $GLNG | GOLAR LNG LTD | $865,760 | 0.1% | +0% | — |
| 53 |  $GNK | GENCO SHIPPING & TRADING LTD | $822,286 | 0.1% | +0% | — |
| 54 |  $RTX | RTX Corp | $800,535 | 0.1% | +0% | 70 |
| 55 |  $COP | CONOCOPHILLIPS | $798,600 | 0.1% | NEW | 74.8 |
| 56 |  $MP | MP Materials Corp. / DE | $782,536 | 0.1% | +0% | 23.5 |
| 57 |  $KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS, INC. | $776,668 | 0.1% | +0% | 48 |
| 58 |  $SUZ | Suzano S.A. | $750,750 | 0.1% | NEW | — |
| 59 |  $ADM | Archer-Daniels-Midland Co | $746,890 | 0.1% | NEW | 49.4 |
| 60 |  $SBLK | Star Bulk Carriers Corp. | $695,302 | 0.1% | +0% | — |
| 61 |  $MOS | MOSAIC CO | $692,325 | 0.1% | +0% | 54.3 |
| 62 |  $BAK | BRASKEM SA | $423,462 | 0.1% | NEW | — |
New Positions (16)
$UCTT Ultra Clean Holdings, Inc.$21.8M$FLS FLOWSERVE CORP$14.5M$FLR FLUOR CORP$14.0M$PBRCALL PETROBRAS - PETROLEO BRASILEIRO SA$12.4M$ONTO ONTO INNOVATION INC.$6.2M$LFUS LITTELFUSE INC /DE$2.7M$VALE Vale S.A.$1.7M$PBR PETROBRAS - PETROLEO BRASILEIRO SA$1.5M$PYPL PayPal Holdings, Inc.$1.4M$MSI Motorola Solutions, Inc.$1.3M$ITUB Itau Unibanco Holding S.A.$1.0M$AEIS ADVANCED ENERGY INDUSTRIES INC$968,130$COP CONOCOPHILLIPS$798,600$SUZ Suzano S.A.$750,750$ADM Archer-Daniels-Midland Co$746,890Exited Positions (15)
$TEAM Atlassian Corp
$FCXPUT FREEPORT-MCMORAN INC
$CSGP COSTAR GROUP, INC.
$PRGO PERRIGO Co plc
$LW Lamb Weston Holdings, Inc.
$DD DuPont de Nemours, Inc.
$VRNS VARONIS SYSTEMS INC
$MNDY monday.com Ltd.
$META Meta Platforms, Inc.
$MSFT MICROSOFT CORP
$FRSH Freshworks Inc.
$MICC Magnum Ice Cream Co N.V.
$WPM Wheaton Precious Metals Corp.
$CMI CUMMINS INC
$CRCL Circle Internet Group, Inc.Browse Top Institutional Investors
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