Ionic Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	838	200,000	SH		DFND		200,000	0	0
ACT II GLOBAL ACQUISITION CO	UNIT 04/30/2026	G0080J112	422	40,700	SH		DFND		40,700	0	0
ADAM NAT RES FD INC	COM	00548F105	1,099	69,400	SH	Call	DFND		69,400	0	0
ADAM NAT RES FD INC	COM	00548F105	906	57,221	SH		DFND		57,221	0	0
AGBA ACQUISITION LTD	UNIT 05/10/2024	G0120M133	516	50,691	SH		DFND		50,691	0	0
ALTAIR ENGR INC	NOTE 0.250% 6/0	021369AA1	1,266	1,255,000	PRN		DFND		1,255,000	0	0
ALTERYX INC	NOTE 0.500% 6/0	02156BAB9	883	910,000	PRN		DFND		910,000	0	0
ALTRIA GROUP INC	COM	02209S103	614	15,000	SH	Call	DFND		15,000	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	405	15,000	SH	Put	DFND		15,000	0	0
AMERICAN INTL GROUP INC	*W EXP 01/19/202	026874156	3,843	269,445	SH		DFND		269,445	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	8,355	150,000	SH	Call	DFND		150,000	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	8,578	154,000	SH	Put	DFND		154,000	0	0
APEX TECHNOLOGY ACQUISITN CO	UNIT 06/11/2026	03768F201	1,019	100,000	SH		DFND		100,000	0	0
ASA GOLD AND PRECIOUS MTLS L	SHS	G3156P103	3,771	313,693	SH		DFND		313,693	0	0
AT&T INC	COM	00206R102	946	25,000	SH	Call	DFND		25,000	0	0
AXALTA COATING SYS LTD	COM	G0750C108	603	20,000	SH	Call	DFND		20,000	0	0
AXALTA COATING SYS LTD	COM	G0750C108	151	5,000	SH	Put	DFND		5,000	0	0
AXALTA COATING SYS LTD	COM	G0750C108	151	5,000	SH		DFND		5,000	0	0
BANCO MACRO SA	SPON ADR B	05961W105	476	18,300	SH	Call	DFND		18,300	0	0
BANCO MACRO SA	SPON ADR B	05961W105	398	15,300	SH	Put	DFND		15,300	0	0
BLINK CHARGING CO	*W EXP 01/31/202	09354A118	15	33,628	SH		DFND		33,628	0	0
BLINK CHARGING CO	COM	09354A100	33	12,636	SH		DFND		12,636	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	994	19,600	SH		DFND		19,600	0	0
CAESARS ENTMT CORP	COM	127686103	368	31,600	SH	Put	DFND		31,600	0	0
CAESARS ENTMT CORP	COM	127686103	881	75,600	SH		DFND		75,600	0	0
CAESARS ENTMT CORP	NOTE 5.000%10/0	127686AA1	0	82	PRN		DFND		82	0	0
CARNIVAL PLC	ADR	14365C103	1,265	30,077	SH		DFND		30,077	0	0
CENTRAL GARDEN & PET CO	COM	153527106	284	9,706	SH		DFND		9,706	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	3,026	3,600	SH	Put	DFND		3,600	0	0
CLOUDERA INC	COM	18914U100	427	48,200	SH		DFND		48,200	0	0
CONSTELLIUM SE	CL A	N22035104	1,053	82,873	SH		DFND		82,873	0	0
CONYERS PK II ACQUISITION CO	UNIT 99/99/9999	212896203	213	20,000	SH		DFND		20,000	0	0
CRAWFORD & CO	CL B	224633107	178	17,671	SH		DFND		17,671	0	0
CRESCENT ACQUISITION CORP	UNIT 99/99/9999	22564L204	437	43,009	SH		DFND		43,009	0	0
CRESUD S A C I F Y A	SPONSORED ADR	226406106	504	85,200	SH	Call	DFND		85,200	0	0
CRESUD S A C I F Y A	SPONSORED ADR	226406106	4	700	SH	Put	DFND		700	0	0
CROWN HOLDINGS INC	COM	228368106	2,218	33,580	SH		DFND		33,580	0	0
DEL TACO RESTAURANTS INC	*W EXP 06/30/202	245496112	292	423,396	SH		DFND		423,396	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	850	14,750	SH		DFND		14,750	0	0
DOLLAR TREE INC	COM	256746108	1,142	10,000	SH		DFND		10,000	0	0
ELECTRAMECCANICA VEHS CORP	*W EXP 08/03/202	284849114	61	135,126	SH		DFND		135,126	0	0
ELECTRAMECCANICA VEHS CORP	COM NEW	284849205	5	2,500	SH	Call	DFND		2,500	0	0
ELECTRAMECCANICA VEHS CORP	COM NEW	284849205	160	78,800	SH	Put	DFND		78,800	0	0
EXPERIENCE INVESTMENT CORP	UNIT 09/01/2026	30217C208	1,001	100,000	SH		DFND		100,000	0	0
FALCON MINERALS CORP	*W EXP 07/21/202	30607B208	16	46,731	SH		DFND		46,731	0	0
FELLAZO INC	UNIT 99/99/9999	G3362K104	362	36,393	SH		DFND		36,393	0	0
FOX CORP	CL B COM	35137L204	1,491	47,266	SH		DFND		47,266	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	287	30,000	SH		DFND		30,000	0	0
GIGCAPITAL2 INC	UNIT 02/28/2026	375036209	520	50,500	SH		DFND		50,500	0	0
GREENLIGHT CAP RE LTD	NOTE 4.000% 8/0	395366AB3	484	513,000	PRN		DFND		513,000	0	0
GREENLIGHT CAPITAL RE LTD	CLASS A	G4095J109	32	3,014	SH		DFND		3,014	0	0
GX ACQUISITION CORP	UNIT 05/24/2026	36251A206	585	52,747	SH		DFND		52,747	0	0
HAYMAKER ACQUISITION CORP II	UNIT 10/31/2026	42087L200	413	40,000	SH		DFND		40,000	0	0
HIGHLAND INCOME FUND	HIGHLAND INCOME	43010E404	5,504	412,265	SH		DFND		412,265	0	0
HILTON GRAND VACATIONS INC	COM	43283X105	1,319	41,230	SH		DFND		41,230	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	1,248	13,400	SH	Put	DFND		13,400	0	0
HOSTESS BRANDS INC	*W EXP 11/04/202	44109J114	773	451,807	SH		DFND		451,807	0	0
INTERNATIONAL GAME TECHNOLOG	SHS USD	G4863A108	2,168	152,580	SH		DFND		152,580	0	0
INTL PAPER CO	COM	460146103	418	10,000	SH		DFND		10,000	0	0
ISHARES TR	20 YR TR BD ETF	464287432	147,086	1,028,000	SH	Put	DFND		1,028,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	785	9,000	SH	Call	DFND		9,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	785	9,000	SH	Put	DFND		9,000	0	0
ISHARES TR	JPMORGAN USD EMG	464288281	107,342	947,000	SH	Put	DFND		947,000	0	0
ISHARES TR	JPMORGAN USD EMG	464288281	87,891	775,393	SH		DFND		775,393	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	1,608	10,628	SH		DFND		10,628	0	0
JAZZ INVESTMENTS I LTD	NOTE 1.500% 8/1	472145AD3	1,350	1,400,000	PRN		DFND		1,400,000	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	261	27,700	SH	Call	DFND		27,700	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	21	2,200	SH	Put	DFND		2,200	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	695	73,812	SH		DFND		73,812	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	286	49,800	SH	Call	DFND		49,800	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	231	40,100	SH	Put	DFND		40,100	0	0
LOWES COS INC	COM	548661107	1,276	11,600	SH	Put	DFND		11,600	0	0
LYFT INC	CL A COM	55087P104	841	20,600	SH	Put	DFND		20,600	0	0
LYFT INC	CL A COM	55087P104	20	500	SH		DFND		500	0	0
MAG SILVER CORP	COM	55903Q104	1,408	100,000	SH	Call	DFND		100,000	0	0
MARRIOTT VACTINS WORLDWID CO	COM	57164Y107	2,804	27,060	SH		DFND		27,060	0	0
MARRIOTT VACTINS WORLDWID CO	NOTE 1.500% 9/1	57164YAB3	1,532	1,521,000	PRN		DFND		1,521,000	0	0
MICROSOFT CORP	COM	594918104	492	3,540	SH		DFND		3,540	0	0
MYLAN N V	SHS EURO	N59465109	1,143	57,800	SH	Call	DFND		57,800	0	0
NATIONAL ENERGY SERVICES REU	*W EXP 05/05/202	G6375R115	80	200,500	SH		DFND		200,500	0	0
NEW PROVIDENCE ACQUISITIN CO	UNIT 09/01/2024	64822P205	404	40,000	SH		DFND		40,000	0	0
NEW RELIC INC	COM	64829B100	246	4,000	SH	Call	DFND		4,000	0	0
NEW RELIC INC	NOTE 0.500% 5/0	64829BAB6	1,441	1,520,000	PRN		DFND		1,520,000	0	0
NEWMONT GOLDCORP CORPORATION	COM	651639106	1,896	50,000	SH	Call	DFND		50,000	0	0
NEXPOINT STRATEGIC OPORTUNT	COM NEW	65340G205	468	26,119	SH		DFND		26,119	0	0
NOMAD FOODS LTD	USD ORD SHS	G6564A105	410	20,000	SH		DFND		20,000	0	0
NRC GROUP HLDGS CORP	*W EXP 10/17/202	629375114	47	20,000	SH		DFND		20,000	0	0
NUVEEN CR STRATEGIES INCM FD	COM SHS	67073D102	239	31,986	SH		DFND		31,986	0	0
NUVEEN FLTNG RTE INCM OPP FD	COM SHS	6706EN100	493	51,682	SH		DFND		51,682	0	0
OAKTREE ACQUISITION CORP	UNIT 99/99/9999	G67145121	356	35,000	SH		DFND		35,000	0	0
ONESPAWORLD HOLDINGS LIMITED	COM	P73684113	1,506	97,000	SH		DFND		97,000	0	0
PFIZER INC	COM	717081103	1,814	50,500	SH	Call	DFND		50,500	0	0
PGIM HIGH YIELD BOND FUND IN	COM	69346H100	1,196	80,025	SH		DFND		80,025	0	0
PINDUODUO INC	SPONSORED ADS	722304102	1,917	59,500	SH	Call	DFND		59,500	0	0
PINDUODUO INC	SPONSORED ADS	722304102	483	15,000	SH	Put	DFND		15,000	0	0
PIVOTAL INVT CORP II	UNIT 06/01/2025	72582K209	509	50,014	SH		DFND		50,014	0	0
REALPAGE INC	COM	75606N109	971	15,445	SH		DFND		15,445	0	0
REDFIN CORP	COM	75737F108	168	10,000	SH	Call	DFND		10,000	0	0
REDFIN CORP	NOTE 1.750% 7/1	75737FAA6	1,380	1,500,000	PRN		DFND		1,500,000	0	0
REPLAY ACQUISITION CORP	UNIT 03/01/2024	G75130123	359	35,000	SH		DFND		35,000	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	1,949	27,400	SH	Put	DFND		27,400	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	329	5,500	SH		DFND		5,500	0	0
SEAWORLD ENTMT INC	COM	81282V100	1,850	70,300	SH		DFND		70,300	0	0
SHAKE SHACK INC	CL A	819047101	2,843	29,000	SH	Put	DFND		29,000	0	0
SILVER SPIKE ACQUISITION COR	UNIT 99/99/9999	G8136L122	863	85,500	SH		DFND		85,500	0	0
SOHU COM LTD	SPONSORED ADS	83410S108	265	26,114	SH		DFND		26,114	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	2,777	20,000	SH	Put	DFND		20,000	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	2,083	15,000	SH		DFND		15,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	136,217	459,000	SH	Call	DFND		459,000	0	0
STARBUCKS CORP	COM	855244109	1,238	14,000	SH	Put	DFND		14,000	0	0
TELECOM ARGENTINA S A	SPON ADR REP B	879273209	288	28,800	SH	Call	DFND		28,800	0	0
TELECOM ARGENTINA S A	SPON ADR REP B	879273209	273	27,300	SH	Put	DFND		27,300	0	0
TESLA INC	COM	88160R101	2,409	10,000	SH	Put	DFND		10,000	0	0
TUSCAN HLDGS CORP II	UNIT 04/01/2026	90070A202	402	40,000	SH		DFND		40,000	0	0
TWITTER INC	NOTE 0.250% 6/1	90184LAF9	1,049	988,000	PRN		DFND		988,000	0	0
U S WELL SVCS INC	*W EXP 03/15/202	91274U119	150	499,000	SH		DFND		499,000	0	0
UBER TECHNOLOGIES INC	COM	90353T100	652	21,400	SH	Put	DFND		21,400	0	0
UBER TECHNOLOGIES INC	COM	90353T100	15	500	SH		DFND		500	0	0
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	842	59,620	SH		DFND		59,620	0	0
UNITED STATES STL CORP NEW	COM	912909108	2,310	200,000	SH	Put	DFND		200,000	0	0
US FOODS HLDG CORP	COM	912008109	1,380	33,585	SH		DFND		33,585	0	0
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	5,342	200,000	SH	Put	DFND		200,000	0	0
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	1,777	66,543	SH		DFND		66,543	0	0
VANECK VECTORS ETF TR	JR GOLD MINERS E	92189F791	1,159	31,957	SH		DFND		31,957	0	0
VERB TECHNOLOGY CO INC	*W EXP 03/14/202	92337U112	9	24,117	SH		DFND		24,117	0	0
VONAGE HLDGS CORP	COM	92886T201	68	6,000	SH	Call	DFND		6,000	0	0
VONAGE HLDGS CORP	COM	92886T201	583	51,600	SH	Put	DFND		51,600	0	0
VOYA PRIME RATE TR	SH BEN INT	92913A100	1,046	222,176	SH		DFND		222,176	0	0
WILLSCOT CORP	COM	971375126	2,077	133,280	SH		DFND		133,280	0	0
WORKIVA INC	COM CL A	98139A105	219	5,000	SH	Call	DFND		5,000	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	313	33,800	SH	Call	DFND		33,800	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	53	5,700	SH	Put	DFND		5,700	0	0
YY INC	SPONSORED ADS A	98426T106	281	5,000	SH	Call	DFND		5,000	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	2,552	75,279	SH		DFND		75,279	0	0
ZILLOW GROUP INC	NOTE 2.000%12/0	98954MAB7	864	870,000	PRN		DFND		870,000	0	0
ZIONS BANCORPORATION N A	*W EXP 05/21/202	989701115	3,163	264,996	SH		DFND		264,996	0	0
ZIONS BANCORPORATION N A	COM	989701107	4,452	100,000	SH	Call	DFND		100,000	0	0
ZIONS BANCORPORATION N A	COM	989701107	4,452	100,000	SH	Put	DFND		100,000	0	0