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	850	200,000	SH		DFND		200,000	0	0
ACACIA COMMUNICATIONS INC	COM	00401C108	340	5,008	SH		DFND		5,008	0	0
ACT II GLOBAL ACQUISITION CO	UNIT 04/30/2026	G0080J112	238	20,000	SH		DFND		20,000	0	0
ADAPTHEALTH CORP	COM CL A	00653Q102	110	10,000	SH		DFND		10,000	0	0
AGBA ACQUISITION LTD	UNIT 05/10/2024	G0120M133	206	20,000	SH		DFND		20,000	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	1,280	15,000	SH	Put	DFND		15,000	0	0
AKAZOO SA	*W EXP 09/11/202	L0164E116	47	94,332	SH		DFND		94,332	0	0
ALLEGRO MERGER CORP	*W EXP 01/06/202	01749N111	18	102,000	SH		DFND		102,000	0	0
ALLERGAN PLC	SHS	G0177J108	695	3,636	SH		DFND		3,636	0	0
ALLIED ESPORTS ENTMT INC	COM	019170109	26	10,000	SH		DFND		10,000	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	430	15,000	SH	Put	DFND		15,000	0	0
AMERICAN INTL GROUP INC	*W EXP 01/19/202	026874156	1,177	114,537	SH		DFND		114,537	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	5,133	100,000	SH	Call	DFND		100,000	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	4,748	92,500	SH	Put	DFND		92,500	0	0
AMPLITUDE HLTHCRE AQUSTIN CO	UNIT 12/01/2026	03212A204	201	20,000	SH		DFND		20,000	0	0
APEX TECHNOLOGY ACQUISITN CO	UNIT 06/11/2026	03768F201	209	20,000	SH		DFND		20,000	0	0
ASA GOLD AND PRECIOUS MTLS L	SHS	G3156P103	470	34,465	SH		DFND		34,465	0	0
AXALTA COATING SYS LTD	COM	G0750C108	152	5,000	SH	Call	DFND		5,000	0	0
AXALTA COATING SYS LTD	COM	G0750C108	912	30,000	SH	Put	DFND		30,000	0	0
AXALTA COATING SYS LTD	COM	G0750C108	912	30,000	SH		DFND		30,000	0	0
BANCO MACRO SA	SPON ADR B	05961W105	1,370	37,800	SH	Call	DFND		37,800	0	0
BANCO MACRO SA	SPON ADR B	05961W105	555	15,300	SH	Put	DFND		15,300	0	0
BLINK CHARGING CO	*W EXP 01/31/202	09354A118	14	33,628	SH		DFND		33,628	0	0
BRISTOL MYERS SQUIBB CO	RIGHT 99/99/9999	110122157	151	50,000	SH		DFND		50,000	0	0
BROADMARK RLTY CAP INC	*W EXP 11/15/202	11135B118	108	285,200	SH		DFND		285,200	0	0
BROOGE HLDGS LTD	*W EXP 12/20/202	G1611B115	37	50,000	SH		DFND		50,000	0	0
CARNIVAL PLC	ADR	14365C103	1,569	32,577	SH		DFND		32,577	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	5,023	6,000	SH	Put	DFND		6,000	0	0
CHP MERGER CORP	UNIT 11/22/2024	12558Y205	203	20,000	SH		DFND		20,000	0	0
CIIG MERGER CORP	UNIT 12/31/2026	12559C202	239	23,500	SH		DFND		23,500	0	0
CLARIVATE ANALYTICS PLC	*W EXP 05/13/202	G21810117	1,543	246,817	SH		DFND		246,817	0	0
CLARIVATE ANALYTICS PLC	COM	G21810109	1,141	67,900	SH	Call	DFND		67,900	0	0
CLOUDERA INC	COM	18914U100	293	25,200	SH		DFND		25,200	0	0
COCA COLA FEMSA S A B DE C V	SPONSORD ADR REP	191241108	606	10,000	SH	Call	DFND		10,000	0	0
CONSTELLIUM SE	CL A SHS	F21107101	1,325	98,873	SH		DFND		98,873	0	0
CONYERS PK II ACQUISITION CO	UNIT 99/99/9999	212896203	149	13,662	SH		DFND		13,662	0	0
CRESCENT ACQUISITION CORP	UNIT 99/99/9999	22564L204	207	20,000	SH		DFND		20,000	0	0
CRESUD S A C I F Y A	SPONSORED ADR	226406106	600	85,200	SH	Call	DFND		85,200	0	0
CROWN HOLDINGS INC	COM	228368106	1,964	27,080	SH		DFND		27,080	0	0
DASEKE INC	*W EXP 02/27/202	23753F115	13	113,400	SH		DFND		113,400	0	0
DEL TACO RESTAURANTS INC	*W EXP 06/30/202	245496112	48	483,855	SH		DFND		483,855	0	0
DOLLAR TREE INC	COM	256746108	941	10,000	SH		DFND		10,000	0	0
ELECTRAMECCANICA VEHS CORP	*W EXP 08/03/202	284849114	43	135,126	SH		DFND		135,126	0	0
ELECTRAMECCANICA VEHS CORP	COM NEW	284849205	24	11,200	SH	Call	DFND		11,200	0	0
ELECTRAMECCANICA VEHS CORP	COM NEW	284849205	10	4,500	SH	Put	DFND		4,500	0	0
EXPERIENCE INVESTMENT CORP	UNIT 09/01/2026	30217C208	203	20,000	SH		DFND		20,000	0	0
FELLAZO INC	UNIT 99/99/9999	G3362K104	202	20,000	SH		DFND		20,000	0	0
FINSERV ACQUISITION CORP	UNIT 12/31/2026	318085206	205	20,000	SH		DFND		20,000	0	0
FITBIT INC	CL A	33812L102	109	16,575	SH		DFND		16,575	0	0
GABELLI DIVD & INCOME TR	COM	36242H104	3,189	145,299	SH		DFND		145,299	0	0
GALILEO ACQUISITION CORP	UNIT 99/99/9999	G3770A128	206	20,000	SH		DFND		20,000	0	0
GENWORTH FINL INC	COM CL A	37247D106	130	29,590	SH		DFND		29,590	0	0
GIGCAPITAL2 INC	UNIT 02/28/2026	375036209	209	20,000	SH		DFND		20,000	0	0
GREENVISION ACQUISITION CORP	UNIT 10/28/2024	39678G202	202	20,000	SH		DFND		20,000	0	0
GX ACQUISITION CORP	UNIT 05/24/2026	36251A206	520	50,000	SH		DFND		50,000	0	0
HAYMAKER ACQUISITION CORP II	UNIT 10/31/2026	42087L200	211	20,000	SH		DFND		20,000	0	0
HEALTHCARE MERGER CORP	UNIT 12/17/2021	42227L201	539	52,050	SH		DFND		52,050	0	0
HIGHLAND INCOME FUND	HIGHLAND INCOME	43010E404	5,221	419,994	SH		DFND		419,994	0	0
HILTON GRAND VACATIONS INC	COM	43283X105	1,724	50,130	SH		DFND		50,130	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	3,771	34,000	SH	Put	DFND		34,000	0	0
HOSTESS BRANDS INC	*W EXP 11/04/202	44109J114	890	451,807	SH		DFND		451,807	0	0
IAC INTERACTIVECORP	COM	44919P508	2,491	10,000	SH		DFND		10,000	0	0
INFRA AND ENERGY ALTRNTIVE I	*W EXP 05/20/202	45686J112	25	295,341	SH		DFND		295,341	0	0
INTERNATIONAL GAME TECHNOLOG	SHS USD	G4863A108	2,284	152,580	SH		DFND		152,580	0	0
ISHARES TR	20 YR TR BD ETF	464287432	20,322	150,000	SH	Put	DFND		150,000	0	0
ISHARES TR	JPMORGAN USD EMG	464288281	17,402	151,902	SH		DFND		151,902	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	1,761	10,628	SH		DFND		10,628	0	0
JAZZ INVESTMENTS I LTD	NOTE 1.500% 8/1	472145AD3	1,411	1,400,000	PRN		DFND		1,400,000	0	0
JOYY INC	ADS REPSTG COM A	46591M109	264	5,000	SH	Call	DFND		5,000	0	0
JUNIPER INDL HLDGS INC	UNIT 11/13/2026	48205G205	204	20,000	SH		DFND		20,000	0	0
LATAM AIRLS GROUP S A	SPONSORED ADR	51817R106	254	25,000	SH	Put	DFND		25,000	0	0
LATAM AIRLS GROUP S A	SPONSORED ADR	51817R106	322	31,683	SH		DFND		31,683	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	20	2,700	SH	Call	DFND		2,700	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	16	2,200	SH	Put	DFND		2,200	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	1,207	164,215	SH		DFND		164,215	0	0
LIV CAP ACQUISITION CORP	UNIT 99/99/9999	G5510C124	855	85,000	SH		DFND		85,000	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	313	40,000	SH	Call	DFND		40,000	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	314	40,100	SH	Put	DFND		40,100	0	0
LOWES COS INC	COM	548661107	3,473	29,000	SH	Put	DFND		29,000	0	0
MARRIOTT VACTINS WORLDWID CO	COM	57164Y107	2,583	20,064	SH		DFND		20,064	0	0
MELLANOX TECHNOLOGIES LTD	SHS	M51363113	258	2,206	SH		DFND		2,206	0	0
MERIDA MERGER CORP I	*W EXP 11/07/202	58953M114	5	10,000	SH		DFND		10,000	0	0
MERIDA MERGER CORP I	COM	58953M106	195	20,000	SH		DFND		20,000	0	0
MESA LABS INC	NOTE 1.375% 8/1	59064RAA7	1,097	1,000,000	PRN		DFND		1,000,000	0	0
MYLAN N V	SHS EURO	N59465109	1,162	57,800	SH	Call	DFND		57,800	0	0
NATIONAL ENERGY SERVICES REU	*W EXP 05/05/202	G6375R115	171	190,500	SH		DFND		190,500	0	0
NEW PROVIDENCE ACQUISITIN CO	UNIT 09/01/2024	64822P205	205	20,000	SH		DFND		20,000	0	0
NOMAD FOODS LTD	USD ORD SHS	G6564A105	2,346	104,857	SH		DFND		104,857	0	0
NUVEEN CR STRATEGIES INCM FD	COM SHS	67073D102	245	31,986	SH		DFND		31,986	0	0
NUVEEN FLTNG RTE INCM OPP FD	COM SHS	6706EN100	516	51,682	SH		DFND		51,682	0	0
OAKTREE ACQUISITION CORP	UNIT 99/99/9999	G67145121	204	20,000	SH		DFND		20,000	0	0
ONESPAWORLD HOLDINGS LIMITED	COM	P73684113	1,633	97,000	SH		DFND		97,000	0	0
OSPREY TECHNLGY AQUISTION CO	UNIT 10/30/2024	68839R401	204	20,000	SH		DFND		20,000	0	0
PFIZER INC	COM	717081103	1,979	50,500	SH	Call	DFND		50,500	0	0
PGIM HIGH YIELD BOND FUND IN	COM	69346H100	1,232	80,025	SH		DFND		80,025	0	0
PINDUODUO INC	SPONSORED ADS	722304102	1,218	32,200	SH	Call	DFND		32,200	0	0
PINDUODUO INC	SPONSORED ADS	722304102	567	15,000	SH	Put	DFND		15,000	0	0
PIVOTAL INVT CORP II	UNIT 06/01/2025	72582K209	204	20,000	SH		DFND		20,000	0	0
RANPAK HLDGS CORP	*W EXP 06/03/202	75321W111	57	50,000	SH		DFND		50,000	0	0
REALPAGE INC	COM	75606N109	830	15,445	SH		DFND		15,445	0	0
REDFIN CORP	COM	75737F108	211	10,000	SH	Call	DFND		10,000	0	0
REDFIN CORP	NOTE 1.750% 7/1	75737FAA6	1,485	1,500,000	PRN		DFND		1,500,000	0	0
REPLAY ACQUISITION CORP	UNIT 03/01/2024	G75130123	208	20,000	SH		DFND		20,000	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	2,219	34,800	SH	Put	DFND		34,800	0	0
RIVERNORTH DOUBLELINE STRATE	COM	76882G107	3,537	215,302	SH		DFND		215,302	0	0
RMR REAL ESTATE INCOME FUND	COM	76970B101	807	39,942	SH		DFND		39,942	0	0
SEAWORLD ENTMT INC	COM	81282V100	2,229	70,300	SH		DFND		70,300	0	0
SILVER SPIKE ACQUISITION COR	UNIT 99/99/9999	G8136L122	204	20,000	SH		DFND		20,000	0	0
SNAP INC	CL A	83304A106	408	25,000	SH	Put	DFND		25,000	0	0
SOHU COM LTD	SPONSORED ADS	83410S108	292	26,114	SH		DFND		26,114	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	2,858	20,000	SH	Put	DFND		20,000	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	4,787	33,500	SH		DFND		33,500	0	0
SPECTRUM BRANDS HLDGS INC NE	COM	84790A105	579	9,000	SH		DFND		9,000	0	0
SPRINT CORPORATION	COM	85207U105	261	50,000	SH		DFND		50,000	0	0
STABLE RD ACQUISITION CORP	UNIT 05/15/2026	85236Q208	206	20,000	SH		DFND		20,000	0	0
STARBUCKS CORP	COM	855244109	2,462	28,000	SH	Put	DFND		28,000	0	0
SYNAPTICS INC	NOTE 0.500% 6/1	87157DAD1	1,113	1,000,000	PRN		DFND		1,000,000	0	0
TELECOM ARGENTINA S A	SPON ADR REP B	879273209	327	28,800	SH	Call	DFND		28,800	0	0
TELECOM ARGENTINA S A	SPON ADR REP B	879273209	310	27,300	SH	Put	DFND		27,300	0	0
TESLA INC	COM	88160R101	6,275	15,000	SH	Put	DFND		15,000	0	0
TKK SYMPHONY ACQUISITION COR	*W EXP 02/20/202	G88950129	17	289,622	SH		DFND		289,622	0	0
TUSCAN HLDGS CORP II	UNIT 04/01/2026	90070A202	202	20,000	SH		DFND		20,000	0	0
TWITTER INC	NOTE 0.250% 6/1	90184LAF9	1,925	1,988,000	PRN		DFND		1,988,000	0	0
UNILEVER N V	N Y SHS NEW	904784709	2,011	35,000	SH	Call	DFND		35,000	0	0
UNION ACQUISITION CORP II	UNIT 99/99/9999	G9402Q118	204	20,000	SH		DFND		20,000	0	0
US ECOLOGY INC	*W EXP 10/17/202	91734M111	954	82,273	SH		DFND		82,273	0	0
US FOODS HLDG CORP	COM	912008109	1,407	33,585	SH		DFND		33,585	0	0
VANECK VECTORS ETF TRUST	GOLD MINERS ETF	92189F106	5,856	200,000	SH	Put	DFND		200,000	0	0
VANECK VECTORS ETF TRUST	GOLD MINERS ETF	92189F106	5,338	182,319	SH		DFND		182,319	0	0
VANECK VECTORS ETF TRUST	JR GOLD MINERS E	92189F791	1,239	29,317	SH		DFND		29,317	0	0
VERB TECHNOLOGY CO INC	*W EXP 03/14/202	92337U112	11	24,117	SH		DFND		24,117	0	0
VIACOMCBS INC	CL B	92556H206	2,099	50,000	SH	Call	DFND		50,000	0	0
VIRGIN GALACTIC HOLDINGS INC	*W EXP 11/25/202	92766K114	546	163,017	SH		DFND		163,017	0	0
VOYA GLBL EQTY DIV & PREM OP	COM	92912T100	1,188	191,954	SH		DFND		191,954	0	0
VOYA NAT RES EQUITY INCOME F	COM	92913C106	906	219,959	SH		DFND		219,959	0	0
VOYA PRIME RATE TR	SH BEN INT	92913A100	557	111,176	SH		DFND		111,176	0	0
WELLS FARGO CO NEW	PERP PFD CNV A	949746804	653	450	SH		DFND		450	0	0
WESTERN ASSET GLB HI INCOME	COM	95766B109	236	23,527	SH		DFND		23,527	0	0
WESTERN ASSET HIGH INCM OPP	COM	95766K109	254	50,000	SH		DFND		50,000	0	0
WILLSCOT CORP	COM	971375126	2,249	121,619	SH		DFND		121,619	0	0
WORKIVA INC	COM CL A	98139A105	210	5,000	SH	Call	DFND		5,000	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	237	25,600	SH	Call	DFND		25,600	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	2,608	75,279	SH		DFND		75,279	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	230	5,000	SH	Put	DFND		5,000	0	0
ZIONS BANCORPORATION N A	*W EXP 05/21/202	989701115	3,818	195,129	SH		DFND		195,129	0	0
ZIONS BANCORPORATION N A	COM	989701107	5,192	100,000	SH	Put	DFND		100,000	0	0