Q2 2026 13F · SEC CIK 2105906

ION Fund Management Ltd

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $845.3M
Reported positions: 52
Holdings vs S&P 500, 3 yrs: —
Average holding period: 3 qtrs

ION Fund Management Ltd is a hedge fund that reported 52 positions worth $845.3M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Teva Pharmaceutical Inds Ltd (TEVA, 16.8%), Delek US Hldgs Inc New (DK, 8.9%), Solaredge Technologies Inc (SEDG, 7.3%).

ION Fund Management Ltd holdings largest 50 of 52 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

ION Fund Management Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TEVATeva Pharmaceutical Inds Ltd	16.8%	17.7%	4,180,759	+8.3%	$141.6M
DKDelek US Hldgs Inc New	8.9%	9.4%	1,481,841	+8.2%	$75.3M
SEDGSolaredge Technologies Inc	7.3%	8.6%	1,057,841	-4.2%	$61.8M
SHCSotera Health Co	7.0%	2.6%	3,343,648	+180.2%	$59.3M
ILMNIllumina Inc	6.4%	7.3%	306,384	-21.5%	$53.9M
DACDanaos Corp	6.0%	6.5%	410,977	+7.8%	$50.3M
FLSFlowserve Corp	5.5%	2.2%	631,500	+220.6%	$46.8M
GLBEGlobal E Online Ltd	5.4%	0.7%	1,314,000	+747.7%	$45.6M
PHINPhinia Inc	5.3%	5.3%	547,684	+7.4%	$45.1M
UCTTUltra Clean Holdings Inc	5.0%	3.3%	298,000	-14.8%	$42.5M
FLRFluor Corp Com	4.8%	2.1%	777,285	+159.8%	$40.7M
RIGTransocean Ltd	3.9%	4.5%	6,750,000	+50.4%	$33.0M
NMMNavios Maritime Partners LP	3.7%	4.4%	441,439	+2.4%	$30.9M
NXENexgen Energy Limited (canada)	3.6%	4.6%	3,280,491	+25.3%	$30.8M
TTMITtm Technologies Inc	1.4%	1.5%	62,000	-38.0%	$11.6M
ONTOOnto Innovation Inc	0.9%	0.9%	19,000	-36.7%	$7.2M
OKTAOkta Inc	0.8%	0.5%	50,000	+25.0%	$6.8M
VECOVeeco Instrs Inc Del	0.8%	—	84,000	—	$6.4M
SQBlock Inc	0.7%	0.7%	80,000	+0.0%	$6.1M
AMZNAmazon Com Inc	0.7%	0.8%	24,000	+0.0%	$5.7M
PANWPalo Alto Networks Inc	0.4%	0.4%	11,000	-31.3%	$3.8M
IBKRInteractive Brokers Group in	0.4%	0.4%	40,000	+0.0%	$3.5M
KRESpdr Series Trust	0.3%	—	38,460	—	$2.9M
GLDSpdr Gold Tr	0.2%	0.3%	5,045	+0.0%	$1.9M
NETCloudflare Inc	0.2%	—	7,000	—	$1.7M
VALEVale S A	0.2%	0.3%	107,100	+0.0%	$1.6M
ADMArcher Daniels Midland Co	0.2%	—	20,675	—	$1.6M
PARRPar Pac Holdings Inc	0.2%	0.3%	26,440	-17.5%	$1.5M
TWLOTwilio Inc	0.2%	—	7,000	—	$1.4M
AEMAgnico Eagle Mines Ltd	0.2%	0.3%	9,200	+0.0%	$1.4M
SLBSlb Limited	0.2%	0.3%	29,370	-9.5%	$1.4M
MDBMongodb Inc	0.2%	—	4,000	—	$1.3M
XOMExxon Mobil Corp	0.2%	0.2%	9,360	+0.0%	$1.3M
HALHalliburton Co	0.2%	0.3%	37,650	-10.4%	$1.3M
DALDelta Air Lines Inc	0.1%	—	13,375	—	$1.3M
NTRNutrien Ltd	0.1%	0.2%	19,400	+37.1%	$1.2M
SILGlobal X Fds	0.1%	0.2%	15,400	+0.0%	$1.2M
PBRPetroleo Brasileiro S A Sponsored ADR (b	0.1%	0.2%	72,000	+0.0%	$1.2M
SCCOSouthern Copper Corp	0.1%	0.2%	6,229	+1.0%	$1.1M
SLVIshares Silver Tr	0.1%	0.2%	20,100	+0.0%	$1.1M
AKAMAkamai Technologies Inc	0.1%	—	9,000	—	$1.1M
NSCNorfolk Southn Corporation	0.1%	0.1%	3,335	+0.0%	$1.0M
VALValaris Ltd	0.1%	0.2%	14,295	-12.2%	$1.0M
GDXJVaneck ETF Trust	0.1%	0.3%	10,350	-40.4%	$1.0M
ITUBItau Unibanco Hldg S A	0.1%	0.2%	119,500	+0.0%	$976K
COPConocophillips	0.1%	—	9,180	—	$954K
MPMp Materials Corp	0.1%	—	16,215	—	$908K
RGLDRoyal Gold Inc	0.1%	0.2%	4,100	+0.0%	$818K
GLNGGolar Lng Ltd Shs	0.1%	0.1%	16,000	+0.0%	$797K
SBLKStar Bulk Carriers Corp.	0.1%	—	30,270	—	$756K

What ION Fund Management Ltd bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$845.3M	52
Q1 2026	$655.7M	59
Q4 2025	$783.8M	59

Questions about ION Fund Management Ltd's portfolio

What stocks does ION Fund Management Ltd own?

ION Fund Management Ltd's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 52 positions worth $845.3M. The largest are Teva Pharmaceutical Inds Ltd (TEVA) at 16.8%, Delek US Hldgs Inc New (DK) at 8.9%, Solaredge Technologies Inc (SEDG) at 7.3%, Sotera Health Co (SHC) at 7.0% and Illumina Inc (ILMN) at 6.4%.

What did ION Fund Management Ltd buy last quarter?

In Q2 2026, ION Fund Management Ltd added Global E Online Ltd (GLBE) (+747.7% shares), Flowserve Corp (FLS) (+220.6% shares) and Sotera Health Co (SHC) (+180.2% shares), compared with its Q1 2026 filing.

What did ION Fund Management Ltd sell last quarter?

In Q2 2026, ION Fund Management Ltd cut from its top 50 Qnity Electronics Inc Common Stock (Q), cut from its top 50 Aercap Holdings NV (AER), cut from its top 50 Ciena Corp (CIEN), cut from its top 50 Check Point Software Tech Lt (CHKP), cut from its top 50 Littelfuse Inc (LFUS), Vaneck ETF Trust (GDXJ) (-40.4% shares), Ttm Technologies Inc (TTMI) (-38.0% shares) and Onto Innovation Inc (ONTO) (-36.7% shares), compared with its Q1 2026 filing.

When is ION Fund Management Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. ION Fund Management Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.