Irenic Capital Management LP
Reported holdings as of Q2 2026, from 15 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ISHARES TR OPT | IWM | $428.3M | options only | -0.53pp | 2q | OPTIONS | |
| INVESCO QQQ TR OPT | QQQ | $173.3M | options only | - | new | OPTIONS | |
| SNAP INC OPT | SNAP | $142.6M | 30,000,000 | -3.87pp | 2q | HELD | |
| RALLIANT CORP | RAL | $128.1M | 1,740,218 | +1.44pp | 3q | HELD | |
| INTEGER HLDGS CORP | ITGR | $118.1M | 1,264,259 | -1.57pp | 3q | HELD | |
| TELEFLEX INCORPORATED | TFX | $110.3M | 870,000 | -1.48pp | 2q | HELD | |
| SOTERA HEALTH CO | SHC | $91.3M | 5,141,822 | +0.31pp | 15q | +17.9%+$13.9M | |
| FIRST SOLAR INC OPT | FSLR | $82.4M | 98,989 | +0.25pp | 3q | +35.8%+$21.7M | |
| SONIDA SENIOR LIVING INC | SNDA | $77.7M | 1,903,621 | +1.17pp | 3q | +56.1%+$27.9M | |
| RESERVOIR MEDIA INC | RSVR | $61.9M | 6,260,176 | -0.97pp | 13q | +1.3%+$781.3K | |
| ALKAMI TECHNOLOGY INC | ALKT | $48.5M | 2,675,151 | -0.40pp | 3q | HELD | |
| THERAVANCE BIOPHARMA INC | TBPH | $46.9M | 2,760,948 | -0.66pp | 15q | HELD | |
| COUPANG INC | CPNG | $43.2M | 2,484,979 | - | new | NEW | |
| DPC HOLDINGS PLC | DPC | $41.2M | 839,816 | - | new | NEW | |
| DIEBOLD NIXDORF INC | DBD | $40.5M | 476,523 | -0.42pp | 12q | -0.8%-$343.0K | |
| ATKORE INC | ATKR | $38.6M | 507,613 | +1.80pp | 3q | +3531.8%+$37.5M | |
| MERIT MED SYS INC | MMSI | $37.6M | 542,589 | - | new | NEW | |
| SPS COMM INC | SPSC | $34.2M | 597,704 | -0.53pp | 3q | HELD | |
| COMPASS MINERALS INTL INC | CMP | $33.3M | 1,068,378 | -0.59pp | 2q | -25.6%-$11.4M | |
| SMARTSTOP SELF STORAG REIT I | SMA | $28.5M | 876,608 | - | new | NEW | |
| WORKIVA INC | WK | $26.8M | 552,010 | -0.86pp | 4q | HELD | |
| ATLANTA BRAVES HLDGS INC | BATRK | $26.2M | 504,983 | - | new | NEW | |
| NOKIA CORP | NOK | $23.0M | 1,730,000 | - | new | NEW | |
| COMPASS INC | COMP | $22.2M | 1,796,898 | - | new | NEW | |
| PAR TECHNOLOGY CORP | $21.9M | 27,226,000 | -0.07pp | 2q | DEBT | ||
| ADEIA INC | ADEA | $20.9M | 634,772 | +0.69pp | 2q | +217.5%+$14.3M | |
| AH RLTY TR INC | AHRT | $20.7M | 2,918,328 | -0.26pp | 2q | -16.3%-$4.0M | |
| CENTURI HOLDINGS INC | CTRI | $15.7M | 518,705 | +0.08pp | 3q | +46.2%+$5.0M | |
| STATE STR SPDR S&P 500 ETF T OPT | SPY | $13.6M | options only | - | new | OPTIONS | |
| SITE CTRS CORP | SITC | $10.3M | 2,605,378 | -0.42pp | 6q | HELD | |
| SELECT SECTOR SPDR TR OPT | XLE | $9.3M | options only | - | new | OPTIONS | |
| GDS HLDGS LTD | GDS | $8.5M | 283,000 | - | new | NEW | |
| NATIONAL HEALTHCARE PPTYS IN | $8.1M | 549,593 | - | new | NEW | ||
| WHITESTONE REIT | WSR | $7.7M | 408,245 | -0.96pp | 3q | -67.7%-$16.3M | |
| SAFEGUARD ACQUISITION CORP | SACU | $5.1M | 500,000 | -0.08pp | 3q | HELD | |
| GENERAL PURP ACQUISITION COR | GPACU | $5.0M | 500,000 | -0.08pp | 3q | HELD | |
| ANAPTYSBIO INC | ANAB | $4.8M | 70,447 | - | new | NEW | |
| APARTMENT INVT & MGMT CO | AIV | $4.2M | 1,398,460 | -1.13pp | 3q | -72.2%-$10.8M | |
| UNITED STS OIL FD LP | USO | $4.1M | 38,500 | - | new | NEW | |
| BLEND LABS INC | BLND | $3.9M | 2,284,101 | -0.06pp | 3q | +3.6%+$136.6K | |
| PROGRESS SOFTWARE CORP | $3.3M | 3,444,000 | - | new | DEBT | ||
| HIGHVIEW MERGER CORP | HVMC | $3.0M | 300,000 | -0.05pp | 3q | -33.3%-$1.5M | |
| ELME COMMUNITIES | ELME | $2.8M | 1,909,557 | -0.11pp | 4q | HELD | |
| ISHARES TR | SHY | $2.5M | 30,000 | -0.04pp | 7q | HELD | |
| FRONTVIEW REIT INC | FVR | $1.3M | 66,608 | - | new | NEW | |
| IRENIC ACQUISITION CORP | $668.2K | 65,700 | - | new | NEW | ||
| HIGHVIEW MERGER CORP | HVMCW | $52.5K | 150,000 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Medical Devices | $266.0M | 12.8% |
| Software & IT Services | $264.4M | 12.7% |
| Funds & ETFs | $186.9M | 9.0% |
| Healthcare Services | $168.9M | 8.1% |
| Semiconductors & Electronics | $143.9M | 6.9% |
| Instruments & Controls | $128.1M | 6.2% |
| Telecom & Media | $109.0M | 5.2% |
| Real Estate | $90.0M | 4.3% |
| Biotech & Pharma | $51.7M | 2.5% |
| Retail & Consumer | $43.2M | 2.1% |
| Computer Hardware | $40.5M | 1.9% |
| Mining & Metals | $33.3M | 1.6% |
| Other sectors | $27.9M | 1.3% |
| Not classified | $528.1M | 25.4% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $2.1B | 47 | 18 | 9 | 6 | 15 | 67.9% | 45 |
| Q1 2026 | $1.5B | 44 | 16 | 13 | 3 | 18 | 67.9% | 48 |
| Q4 2025 | $1.5B | 46 | 29 | 7 | 2 | 4 | 81.4% | 48 |
| Q3 2025 | $954.6M | 21 | 7 | 3 | 3 | 8 | 85.7% | 45 |
| Q2 2025 | $677.6M | 22 | 7 | 5 | 6 | 7 | 81.9% | 45 |
| Q1 2025 | $659.6M | 22 | 7 | 6 | 1 | 10 | 83.0% | 45 |
| Q4 2024 | $931.0M | 25 | 12 | 6 | 1 | 7 | 81.7% | 45 |
| Q3 2024 | $1.1B | 20 | 4 | 5 | 2 | 5 | 87.8% | 45 |
| Q2 2024 | $817.3M | 21 | 8 | 6 | 2 | 8 | 90.4% | 45 |
| Q1 2024 | $490.7M | 21 | 5 | 9 | 2 | 6 | 92.9% | 44 |
| Q4 2023 | $504.6M | 22 | 5 | 8 | 4 | 6 | 86.0% | 45 |
| Q3 2023 | $352.3M | 23 | 10 | 2 | 2 | 2 | 86.1% | 45 |
| Q2 2023 | $334.9M | 15 | 4 | 4 | 0 | 6 | 93.1% | 45 |
| Q1 2023 | $289.9M | 17 | 10 | 3 | 1 | 5 | 95.8% | 45 |
| Q4 2022 | $208.5M | 12 | 0 | 0 | 0 | 0 | 99.7% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.