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Irenic Capital Management LP — 13F Holdings & Portfolio

CIK 1929389 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Irenic Capital Management LP manages $2.08B in 13F-reported U.S. long-equity assets across 49 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IWM (20.57%), QQQ (8.33%), SNAP (6.40%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 15 new positions and exited 13; 13 existing positions rose in reported value and 5 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$2.08B

Long-equity book

Holdings
49

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+15 / −13 / ↑13 / ↓5

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
SNAP9.6% · 0%RAL9.2% · 0%ITGR8.5% · 0%TFX7.9% · 0%SHC6.6% · +18%SNDA5.6% · +56%RSVR4.5% · +1%ALKT3.5% · 0%TBPH3.4% · 0%CPNG3.1% · newDPC3.0% · newDBD2.9% · -1%ATKR2.8% · +3532%MMSI2.7% · newSPSC2.5% · 0%CMP2.4% · -26%SMA2.1% · newWK1.9% · 0%BATRK1.9% · newFSLR1.7% · +36%NOK1.7% · newCOMP1.6% · newPAR1.6% · +22%ADEA1.5% · +218%AHRT1.5% · -16%CTRI1.1% · +46%SITC0.7% · 0%GDS0.6% · newNHP0.6% · newWSR0.6% · -68%SAC.U0.4% · 0%GPACU0.4% · 0%ANAB0.3% · newAIV0.3% · -72%USO0.3% · newBLND0.3% · +4%PRGS0.2% · newHVMC0.2% · -33%ELME0.2% · 0%SHY0.2% · 0%FVR0.1% · newIACQU0.0% · newHVMCW0.0% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 61.9%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 16, 2026.

Assets Under Management
$2.40B
Discretionary
$2.40B
Employees
12
Accounts
19
Address
767 FIFTH AVENUE
15TH FLOOR
NEW YORK, NY 10153
Phone
(646) 993-6330
Website
Name Title / Status Ownership Type
BRODMAN, JOSHUA, ADAM ControlCHIEF COMPLIANCE OFFICER / CHIEF FINANCIAL OFFICER
since Oct 2023
Less than 5%Individual
CONTI IRENIC INVESTORS, L.P. ControlLIMITED PARTNER
since Jun 2022
10–25%Domestic Entity
DODGE, ANDREW, MACDONALD ControlDIRECTOR OF RESEARCH / LIMITED PARTNER
since Mar 2022
25–50%Individual
IRENIC CAPITAL MANAGEMENT GP LLC ControlGENERAL PARTNER
since Mar 2022
Less than 5%Domestic Entity
KATZ, ADAM, JASON ControlCHIEF INVESTMENT OFFICER / LIMITED PARTNER
since Mar 2022
25–50%Individual
DODGE, ANDREW, MACDONALD Control
Indirect owner via IRENIC CAPITAL MANAGEMENT GP LLC
MEMBER
since Mar 2022
50–75%Individual
KATZ, ADAM, JASON Control
Indirect owner via IRENIC CAPITAL MANAGEMENT GP LLC
MEMBER
since Mar 2022
50–75%Individual
Ownership & leadership changes · 4 filings with changes since Mar 18, 2022

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 25, 2024 filing
  • No longer listedNADELL, JOSHUA, JAY · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Oct 2023
  • ChangedDODGE, ANDREW, MACDONALD · indirect via IRENIC CAPITAL MANAGEMENT GP LLC: ownership 25–50% → 50–75%
  • ChangedKATZ, ADAM, JASON · indirect via IRENIC CAPITAL MANAGEMENT GP LLC: ownership 25–50% → 50–75%
Nov 7, 2023 filing
  • AddedBRODMAN, JOSHUA, ADAM · CHIEF COMPLIANCE OFFICER / CHIEF FINANCIAL OFFICER · Less than 5% · control person
  • ChangedNADELL, JOSHUA, JAY · title CHIEF COMPLIANCE OFFICER/CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER → CHIEF OPERATING OFFICER
Sep 2, 2022 filing
  • AddedCONTI IRENIC INVESTORS, L.P. · LIMITED PARTNER · 10–25% · control person
May 4, 2022 filing
  • ChangedDODGE, ANDREW, MACDONALD · title DIRECTOR OF RESEARCH → DIRECTOR OF RESEARCH / LIMITED PARTNER
  • ChangedKATZ, ADAM, JASON · title CHIEF INVESTMENT OFFICER → CHIEF INVESTMENT OFFICER / LIMITED PARTNER
Mar 18, 2022 filing (earliest on record)
  • ListedDODGE, ANDREW, MACDONALD · DIRECTOR OF RESEARCH · 25–50% · control person
  • ListedDODGE, ANDREW, MACDONALD · MEMBER · 25–50% · indirect via IRENIC CAPITAL MANAGEMENT GP LLC · control person
  • ListedIRENIC CAPITAL MANAGEMENT GP LLC · GENERAL PARTNER · Less than 5% · control person
  • ListedKATZ, ADAM, JASON · CHIEF INVESTMENT OFFICER · 25–50% · control person
  • ListedKATZ, ADAM, JASON · MEMBER · 25–50% · indirect via IRENIC CAPITAL MANAGEMENT GP LLC · control person
  • ListedNADELL, JOSHUA, JAY · CHIEF COMPLIANCE OFFICER/CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 13 →

Top Trims

Show all 5 →

New Positions

Show all 15 →

Exited Positions

Show all 13 →

Irenic Capital Management LP Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR Put IWM 464287655 $428.3M 20.57% 1,425,400 SH
2 INVESCO QQQ TR Put QQQ 46090E953 $173.3M 8.33% 235,400 SH
3 SNAP INC SNAP 83304A106 $133.2M 6.40% 30,000,000 SH
4 RALLIANT CORP RAL 750940108 $128.1M 6.15% 1,740,218 SH
5 INTEGER HLDGS CORP ITGR 45826H109 $118.1M 5.67% 1,264,259 SH
6 TELEFLEX INCORPORATED TFX 879369106 $110.3M 5.30% 870,000 SH
7 SOTERA HEALTH CO SHC 83601L102 $91.3M 4.38% 5,141,822 SH
8 SONIDA SENIOR LIVING INC SNDA 140475203 $77.7M 3.73% 1,903,621 SH
9 RESERVOIR MEDIA INC RSVR 76119X105 $61.9M 2.97% 6,260,176 SH
10 FIRST SOLAR INC Call FSLR 336433107 $59.0M 2.83% 250,100 SH
11 ALKAMI TECHNOLOGY INC ALKT 01644J108 $48.5M 2.33% 2,675,151 SH
12 THERAVANCE BIOPHARMA INC TBPH G8807B106 $46.9M 2.25% 2,760,948 SH
13 COUPANG INC CPNG 22266T109 $43.2M 2.07% 2,484,979 SH
14 DPC HOLDINGS PLC DPC G2R11M108 $41.2M 1.98% 839,816 SH
15 DIEBOLD NIXDORF INC DBD 253651202 $40.5M 1.95% 476,523 SH
16 ATKORE INC ATKR 047649108 $38.6M 1.85% 507,613 SH
17 MERIT MED SYS INC MMSI 589889104 $37.6M 1.81% 542,589 SH
18 SPS COMM INC SPSC 78463M107 $34.2M 1.64% 597,704 SH
19 COMPASS MINERALS INTL INC CMP 20451N101 $33.3M 1.60% 1,068,378 SH
20 SMARTSTOP SELF STORAG REIT I SMA 83192D402 $28.5M 1.37% 876,608 SH
21 WORKIVA INC WK 98139A105 $26.8M 1.29% 552,010 SH
22 ATLANTA BRAVES HLDGS INC BATRK 047726302 $26.2M 1.26% 504,983 SH
23 FIRST SOLAR INC FSLR 336433107 $23.4M 1.12% 98,989 SH
24 NOKIA CORP NOK 654902204 $23.0M 1.10% 1,730,000 SH
25 COMPASS INC COMP 20464U100 $22.2M 1.06% 1,796,898 SH
26 PAR TECHNOLOGY CORP PAR 698884AH6 $21.9M 1.05% 27,226,000 SH
27 ADEIA INC ADEA 00676P107 $20.9M 1.00% 634,772 SH
28 AH RLTY TR INC AHRT 04208T108 $20.7M 0.99% 2,918,328 SH
29 CENTURI HOLDINGS INC CTRI 155923105 $15.7M 0.75% 518,705 SH
30 SPDR S&P 500 ETF TR Put SPYM 78462F953 $13.6M 0.65% 18,200 SH
31 SITE CTRS CORP SITC 82981J851 $10.3M 0.50% 2,605,378 SH
32 SNAP INC Call SNAP 83304A106 $9.4M 0.45% 2,116,000 SH
33 SELECT SECTOR SPDR TR Call XLE 81369Y506 $9.3M 0.45% 175,000 SH
34 GDS HLDGS LTD GDS 36165L108 $8.5M 0.41% 283,000 SH
35 NATIONAL HEALTHCARE PPTYS IN NHP 42226B501 $8.1M 0.39% 549,593 SH
36 WHITESTONE REIT WSR 966084204 $7.7M 0.37% 408,245 SH
37 SAFEGUARD ACQUISITION CORP SAC.U G77676123 $5.1M 0.25% 500,000 SH
38 GENERAL PURP ACQUISITION COR GPACU G3810N122 $5.0M 0.24% 500,000 SH
39 ANAPTYSBIO INC ANAB 032724106 $4.8M 0.23% 70,447 SH
40 APARTMENT INVT & MGMT CO AIV 03748R747 $4.2M 0.20% 1,398,460 SH
41 UNITED STS OIL FD LP USO 91232N207 $4.1M 0.20% 38,500 SH
42 BLEND LABS INC BLND 09352U108 $3.9M 0.19% 2,284,101 SH
43 PROGRESS SOFTWARE CORP PRGS 743312AD2 $3.3M 0.16% 3,444,000 SH
44 HIGHVIEW MERGER CORP HVMC G4569C101 $3.0M 0.15% 300,000 SH
45 ELME COMMUNITIES ELME 939653101 $2.8M 0.14% 1,909,557 SH
46 ISHARES TR SHY 464287457 $2.5M 0.12% 30,000 SH
47 FRONTVIEW REIT INC FVR 35922N100 $1.3M 0.06% 66,608 SH
48 IRENIC ACQUISITION CORP IACQU G4939F115 $668.2K 0.03% 65,700 SH
49 HIGHVIEW MERGER CORP HVMCW G4569C119 $52.5K 0.00% 150,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $2.08B 49 0001929389-26-000007
2026-03-31 2026-05-18 $1.54B 47 0001929389-26-000005
2025-12-31 2026-02-17 $1.49B 46 0001929389-26-000002
2025-09-30 2025-11-14 $954.6M 21 0001929389-25-000008
Filer Information
Address
767 FIFTH AVENUE
15TH FLOOR
NEW YORK, NY 10153
Phone
(646) 993-6330
Filing Manager
Irenic Capital Management LP
NEW YORK, NY
Signatory
Josh Brodman
CCO,CFO