AbstractIn reconnection, the presence of heavy ions like O+ increases the ion mass density reducing the fluid's Alfvén speed. In addition, it may modify the reconnection structure, which can also change the reconnection rate. However, because O+ ions have a larger Larmor radii than H+ ions at the same velocity, they may not be fully entrained in the reconnection flow and may have kinetic effects other than just increasing the mass density. In this study, for the first time, the ion velocity distribution functions of H+ and O+ from one magnetopause reconnection event with a strong guide field are analyzed to determine in detail the behavior of the different ion populations. We show that the hot magnetospheric O+ ions, along with the hot magnetospheric H+ ions almost fully participate in the reconnection exhaust flows. Finite Larmor radius effects are also apparent and control how far the ions extend on the magnetosheath side. Ion signatures consistent with heating after being picked up in the reconnection exhaust flow are observed in the H+ and O+ distribution functions. The dynamics of the cold magnetospheric ions depends on where they enter the reconnection region. If they enter the reconnection region at the downstream separatrix, they will be taken away by the magnetic field in an adiabatic way as analyzed by Drake et al. (2009a); if they enter close to the diffusion region, they behave as pick‐up ions.