ION Fund Management Ltd

CIK

2105906

Location

Herzliya, L3

Portfolio Value

Small $703,202,448

Diversification

Diversified

Filing Date

Global Rank

#2,177 / 8,623 ▼ 165 · as of Mar 2026

Top Industry

Drug Manufacturers - Specialty & Generic 16.7%

3Y Alpha vs SPY

+7.9%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+10.1%

SPY

+7.3%

Annualised alpha

+6.7%

Max drawdown

−8.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 92% of reported value on average across 2 quarters. Past performance does not predict future results.

Portfolio Concentration

58 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

16.5%

+1.3 pts

Top 5

46.3%

+9.1 pts

Top 10

68.0%

+10.2 pts

HHI

651

Diversified+125

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	25.8%	$181,455,687	3
Technology	22.7%	$159,938,934	13
Energy	20.9%	$147,106,233	12
Industrials	17.4%	$122,616,396	11
Consumer Cyclical	6.4%	$44,684,630	3
Basic Materials	5.2%	$36,535,342	9
Unclassified	0.7%	$5,077,227	3
Financial Services	0.7%	$5,041,110	3
Consumer Defensive	0.1%	$746,889	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
SHC	Sotera Health Co	+1,183,390	1,193,390	$17,113,212
NXE	NexGen Energy Ltd.	+621,260	2,618,200	$30,371,120
SEDG	Solaredge Technologies, Inc.	+307,690	1,103,690	$56,343,374
RIG	Transocean Ltd.	+92,277	4,488,400	$29,758,092
ILMN	Illumina, Inc.	+58,200	390,200	$48,096,052
GLBE	Global-E Online Ltd.	+55,000	155,000	$4,781,750
Q	Qnity Electronics, Inc.	+17,300	221,600	$25,568,208
SLB	Slb Limited/Nv	+8,470	32,470	$1,668,633
HAL	Halliburton Co	+5,725	42,025	$1,638,554
AMZN	Amazon Com Inc	+4,000	24,000	$4,998,480
XOM	ExxonMobil Holdings Corp	+1,070	9,360	$1,588,017
SCCO	Southern Copper Corp/	+51	6,168	$1,061,265
No positions match the current search.

Trimmed

Positions the filer reduced

16 positions

Ticker	Company	Δ Shares	Shares	Value
VALE	Vale S.A.	−494,000	1,813,100	$28,846,421
DK	Delek US Holdings, Inc.	−397,601	1,370,000	$61,745,900
SLV	iShares Silver Trust	−325,375	20,100	$1,369,614
CHKP	Check Point Software Technologies Ltd	−228,122	26,000	$3,714,100
TEVA	Teva Pharmaceutical Industries Ltd	−190,557	3,859,443	$116,246,423
AER	AerCap Holdings N.V.	−140,000	125,000	$17,147,500
XYZ	Block, Inc.	−100,000	80,000	$4,814,400
OKTA	Okta, Inc.	−60,000	40,000	$3,148,400
CIEN	Ciena Corp	−48,335	27,665	$10,740,382
TTMI	Ttm Technologies Inc	−40,000	100,000	$9,742,000
DAC	Danaos Corp	−38,693	381,122	$42,929,582
NMM	Navios Maritime Partners L.P.	−35,056	430,944	$29,080,101
IBKR	Interactive Brokers Group, Inc.	−30,000	40,000	$2,682,800
PHIN	Phinia Inc.	−5,000	510,000	$34,904,400
GLD	Spdr Gold Trust	−1,490	5,045	$2,170,813
AEM	Agnico Eagle Mines Ltd	−800	9,200	$1,867,416
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
UCTT	Ultra Clean Holdings, Inc.	349,852	$21,753,797
FLS	Flowserve Corp	197,000	$14,481,470
FLR	Fluor Corp	299,200	$13,957,680
PBR	Petrobras - Petroleo Brasileiro SA	672,000	$13,944,000
ONTO	Onto Innovation Inc.	30,000	$6,152,100
LFUS	Littelfuse Inc /De	8,000	$2,714,800
PYPL	PayPal Holdings, Inc.	30,000	$1,356,900
MSI	Motorola Solutions, Inc.	3,000	$1,301,910
ITUB	Itau Unibanco Holding S.A.	119,500	$1,001,410
AEIS	Advanced Energy Industries Inc	3,000	$968,130
COP	Conocophillips	6,050	$798,600
SUZ	Suzano S.A.	75,000	$750,750
ADM	Archer-Daniels-Midland Co	10,275	$746,889
BAK	Braskem SA	115,700	$423,462
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
TEAM	Atlassian Corp	230,700	$37,405,698
FCX	Freeport-Mcmoran Inc	650,000	$33,013,500
CSGP	Costar Group, Inc.	461,000	$30,997,640
PRGO	PERRIGO Co plc	1,760,000	$24,499,200
LW	Lamb Weston Holdings, Inc.	562,314	$23,555,333
DD	DuPont de Nemours, Inc.	449,610	$18,074,321
VRNS	Varonis Systems Inc	480,000	$15,744,000
MNDY	monday.com Ltd.	30,000	$4,426,800
META	Meta Platforms, Inc.	6,000	$3,960,540
MSFT	Microsoft Corp	8,000	$3,868,960
FRSH	Freshworks Inc.	250,000	$3,062,500
MICC	Magnum Ice Cream Co N.V.	127,691	$2,023,902
WPM	Wheaton Precious Metals Corp.	13,695	$1,609,436
CMI	Cummins Inc	3,085	$1,574,738
CRCL	Circle Internet Group, Inc.	10,000	$793,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

58 tracked positions · $703,202,448 total · filing declares 68 positions · $706,674,787 · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 58 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TEVA	Teva Pharmaceutical Industries Ltd Healthcare	Reduced	3,859,443	-190,557	$116,246,423	−8.0%	16.53%
DK	Delek US Holdings, Inc. Energy	Reduced	1,370,000	-397,601	$61,745,900	+17.8%	8.78%
SEDG	Solaredge Technologies, Inc. Technology	Added	1,103,690	+307,690	$56,343,374	+145.3%	8.01%
ILMN	Illumina, Inc. Healthcare	Added	390,200	+58,200	$48,096,052	+10.5%	6.84%
DAC	Danaos Corp Industrials	Reduced	381,122	-38,693	$42,929,582	+8.6%	6.10%
PHIN	Phinia Inc. Consumer Cyclical	Reduced	510,000	-5,000	$34,904,400	+8.1%	4.96%
NXE	NexGen Energy Ltd. Energy	Added	2,618,200	+621,260	$30,371,120	+65.3%	4.32%
RIG	Transocean Ltd. Energy	Added	4,488,400	+92,277	$29,758,092	+63.9%	4.23%
NMM	Navios Maritime Partners L.P. Industrials	Reduced	430,944	-35,056	$29,080,101	+19.0%	4.14%
VALE	Vale S.A. CALL + SHARES Basic Materials	Reduced	1,813,100	-494,000	$28,846,421	−4.0%	4.10%
Q	Qnity Electronics, Inc. Technology	Added	221,600	+17,300	$25,568,208	+53.3%	3.64%
UCTT	Ultra Clean Holdings, Inc. Technology	NEW	349,852	NEW	$21,753,797	NEW	3.09%
AER	AerCap Holdings N.V. Industrials	Reduced	125,000	-140,000	$17,147,500	−55.0%	2.44%
SHC	Sotera Health Co Healthcare	Added	1,193,390	+1,183,390	$17,113,212	+9601.4%	2.43%
FLS	Flowserve Corp Industrials	NEW	197,000	NEW	$14,481,470	NEW	2.06%
FLR	Fluor Corp Industrials	NEW	299,200	NEW	$13,957,680	NEW	1.98%
PBR	Petrobras - Petroleo Brasileiro SA CALL + SHARES Energy	NEW	672,000	NEW	$13,944,000	NEW	1.98%
CRWV	CoreWeave, Inc. PUT Technology	Held	146,900	0	$11,380,343	+8.2%	1.62%
CIEN	Ciena Corp Technology	Reduced	27,665	-48,335	$10,740,382	−39.6%	1.53%
TTMI	Ttm Technologies Inc Technology	Reduced	100,000	-40,000	$9,742,000	+0.8%	1.39%
ONTO	Onto Innovation Inc. Technology	NEW	30,000	NEW	$6,152,100	NEW	0.87%
AMZN	Amazon Com Inc Consumer Cyclical	Added	24,000	+4,000	$4,998,480	+8.3%	0.71%
XYZ	Block, Inc. Technology	Reduced	80,000	-100,000	$4,814,400	−58.9%	0.68%
GLBE	Global-E Online Ltd. Consumer Cyclical	Added	155,000	+55,000	$4,781,750	+21.6%	0.68%
CHKP	Check Point Software Technologies Ltd Technology	Reduced	26,000	-228,122	$3,714,100	−92.1%	0.53%
OKTA	Okta, Inc. Technology	Reduced	40,000	-60,000	$3,148,400	−63.6%	0.45%
LFUS	Littelfuse Inc /De Technology	NEW	8,000	NEW	$2,714,800	NEW	0.39%
IBKR	Interactive Brokers Group, Inc. Financial Services	Reduced	40,000	-30,000	$2,682,800	−40.4%	0.38%
PANW	Palo Alto Networks Inc Technology	Held	16,000	0	$2,565,120	−13.0%	0.36%
GLD	Spdr Gold Trust	Reduced	5,045	-1,490	$2,170,813	−16.2%	0.31%
PARR	Par Pacific Holdings, Inc. Energy	Held	32,065	0	$2,008,551	+78.3%	0.29%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	9,200	-800	$1,867,416	+10.2%	0.27%
SLB	Slb Limited/Nv Energy	Added	32,470	+8,470	$1,668,633	+81.2%	0.24%
HAL	Halliburton Co Energy	Added	42,025	+5,725	$1,638,554	+59.7%	0.23%
VAL	Valaris Ltd Energy	Held	16,275	0	$1,595,601	+94.5%	0.23%
XOM	ExxonMobil Holdings Corp Energy	Added	9,360	+1,070	$1,588,017	+59.2%	0.23%
IBIT	iShares Bitcoin Trust ETF	Held	40,000	0	$1,536,800	−22.6%	0.22%
SLV	iShares Silver Trust	Reduced	20,100	-325,375	$1,369,614	−93.8%	0.19%
PYPL	PayPal Holdings, Inc. Financial Services	NEW	30,000	NEW	$1,356,900	NEW	0.19%
MSI	Motorola Solutions, Inc. Technology	NEW	3,000	NEW	$1,301,910	NEW	0.19%
CVI	Cvr Energy Inc Energy	Held	33,385	0	$1,123,405	+32.3%	0.16%
NTR	Nutrien Ltd. Basic Materials	Held	14,150	0	$1,067,759	+22.3%	0.15%
SCCO	Southern Copper Corp/ Basic Materials	Added	6,168	+51	$1,061,265	+20.9%	0.15%
RGLD	Royal Gold Inc Basic Materials	Held	4,100	0	$1,043,409	+14.5%	0.15%
ITUB	Itau Unibanco Holding S.A. Financial Services	NEW	119,500	NEW	$1,001,410	NEW	0.14%
AEIS	Advanced Energy Industries Inc Industrials	NEW	3,000	NEW	$968,130	NEW	0.14%
NSC	Norfolk Southern Corp Industrials	Held	3,335	0	$957,145	−0.6%	0.14%
GLNG	Golar Lng Ltd Energy	Held	16,000	0	$865,760	+45.4%	0.12%
GNK	Genco Shipping & Trading Ltd Industrials	Held	36,465	0	$822,285	+22.4%	0.12%
RTX	RTX Corp Industrials	Held	4,150	0	$800,535	+5.2%	0.11%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.