Ion Asset Management 13F annual report

Ion Asset Management is an investment fund managing more than $958 billion ran by Jonathan Levey. There are currently 32 companies in Mr. Levey’s portfolio. The largest investments include Teva (adr) and CIENA, together worth $489 billion.

Limited to 30 biggest holdings

$958 billion Assets Under Management (AUM)

As of 7th November 2023, Ion Asset Management’s top holding is 38,822,516 shares of Teva (adr) currently worth over $396 billion and making up 41.3% of the portfolio value. In addition, the fund holds 1,968,000 shares of CIENA worth $93 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Delek US Inc worth $87.3 billion and the next is Mattel worth $37 billion, with 1,677,677 shares owned.

Currently, Ion Asset Management's portfolio is worth at least $958 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Ion Asset Management

The Ion Asset Management office and employees reside in Herzliya, Israel. According to the last 13-F report filed with the SEC, Jonathan Levey serves as the Director/Director at Ion Asset Management.

Recent trades

In the most recent 13F filing, Ion Asset Management revealed that it had opened a new position in Teva (adr) and bought 38,822,516 shares worth $396 billion.

The investment fund also strengthened its position in Delek US Inc by buying 1,256,015 additional shares. This makes their stake in Delek US Inc total 3,072,689 shares worth $87.3 billion. Delek US Inc dropped 21.0% in the past year.

On the other hand, there are companies that Ion Asset Management is getting rid of from its portfolio. Ion Asset Management closed its position in Check Point Software Tech Lt on 14th November 2023. It sold the previously owned 1,178,291 shares for $132 million. Jonathan Levey also disclosed a decreased stake in CIENA by 0.3%. This leaves the value of the investment at $93 billion and 1,968,000 shares.

One of the largest hedge funds

The two most similar investment funds to Ion Asset Management are Delta Asset Management tn and Washington Trust Bank. They manage $959 billion and $957 billion respectively.

Jonathan Levey investment strategy

Ion Asset Management’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 20.0% of the total portfolio value. The fund focuses on investments in the United States as 53.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 25% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $92.4 billion.

The complete list of Ion Asset Management trades based on 13F SEC filings

These positions were updated on November 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Teva (adr)	Opened 38,822,516	$395,989,663,000	41.32%
CIENA Corp.	29.36% 1,968,000	$93,007,680,000	9.70%
Delek US Holdings Inc	69.14% 3,072,689	$87,295,095,000	9.11%
Mattel, Inc.	39.61% 1,677,677	$36,959,224,000	3.86%
Kodiak Gas Services Inc	Opened 2,035,279	$36,390,789,000	3.80%
Freeport-mcmoran Copper	Opened 645,703	$24,078,265,000	2.51%
Gld Spdr Gold Trust	0.88% 135,500	$23,231,475,000	2.42%
Danaos Corporation	Opened 325,300	$21,541,366,000	2.25%
Splunk Inc	Opened 140,000	$20,475,000,000	2.14%
Star Bulk Carriers Corp	Opened 1,007,124	$19,417,351,000	2.03%
Radware	17.64% 1,112,658	$18,826,173,000	1.96%
Transocean Ltd	Opened 2,000,000	$16,420,000,000	1.71%
Slv Ishares Silver Trust	61.62% 800,000	$16,272,000,000	1.70%
Delek Logistics Partners LP	Opened 337,884	$14,180,991,000	1.48%
Genco Shipping & Trading Ltd	52.66% 977,007	$13,668,328,000	1.43%
Electronic Arts, Inc.	16.67% 100,000	$12,040,000,000	1.26%
Okta Inc	Opened 145,000	$11,818,950,000	1.23%
Imax Corp	Opened 545,000	$10,529,400,000	1.10%
Hess Corporation	20.56% 67,100	$10,266,300,000	1.07%
Wix.com Ltd	Opened 105,000	$9,639,000,000	1.01%
Dynatrace Inc	40.85% 200,000	$9,346,000,000	0.98%
Pure Storage Inc	Opened 250,000	$8,905,000,000	0.93%
Black Stone Minerals Lp	31.91% 480,000	$8,270,400,000	0.86%
Palo Alto Networks Inc	89.87% 30,000	$7,033,200,000	0.73%
CVR Partners LP	5.85% 83,000	$6,856,630,000	0.72%
Impinj Inc	Opened 107,000	$5,888,210,000	0.61%
Innovid Corp	52.15% 4,566,721	$5,845,402,000	0.61%
Microsoft Corporation	Opened 17,000	$5,367,750,000	0.56%
LSB Industries, Inc.	Opened 361,485	$3,697,992,000	0.39%
Payoneer Global Inc	Opened 350,000	$2,142,000,000	0.22%
Uber Technologies Inc	Opened 40,000	$1,839,600,000	0.19%
Phinia Inc	Opened 45,499	$1,218,918,000	0.13%
Check Point Software Tech Lt	Closed 1,178,291	$131,992,000
Mosaic Co New	Closed 630,424	$30,468,000
Ares Acquisition Corporation	Closed 2,242,225	$19,532,000
Nightdragon Acquisition Corp	Closed 1,798,764	$15,137,000
Peabody Engr Corp	Closed 548,851	$13,622,000
Solaredge Technologies Inc	Closed 40,000	$9,258,000
HF Sinclair Corporation	Closed 150,000	$8,076,000
Taboola.com Ltd	Closed 4,302,600	$7,787,000
Ceragon Networks Ltd	Closed 3,208,611	$5,872,000
Warner Music Group Corp.	Closed 240,000	$5,570,000
United Nat Foods Inc	Closed 154,863	$5,323,000
Nxp Semiconductors N V	Closed 30,000	$4,425,000
Celestica, Inc.	Closed 441,970	$3,717,000
Nextdoor Holdings, Inc.	Closed 1,200,000	$3,348,000
Cisco Sys Inc	Closed 74,000	$2,960,000
Eventbrite Inc	Closed 480,000	$2,918,000
Meta Platforms Inc	Closed 20,000	$2,714,000
Oracle Corp.	Closed 44,000	$2,687,000
Algoma Stl Group Inc	Closed 224,220	$1,444,000
No transactions found
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