Irenic Capital Management LP — 13F Holdings & Portfolio
CIK 1929389 · latest 13F-HR filed 2026-05-18
Irenic Capital Management LP manages $1.54B in 13F-reported U.S. long-equity assets across 47 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IWM (21.10%), SNAP (8.99%), ITGR (7.24%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 14 new positions, exited 18, added to 9, and trimmed 12.
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.
$1.54B
Long-equity book
47
Distinct positions
2026-03-31
Filed 2026-05-18
+14 / −18 / ↑9 / ↓12
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- RALLIANT CORP$55.5M +328.2%
- SONIDA SENIOR LIVING INC$35.9M +1036.7%
- WHITESTONE REIT$16.0M +356.7%
- RESERVOIR MEDIA INC$15.2M +33.5%
- FIRST SOLAR INC$12.5M +686.3%
Top Trims
- ELME COMMUNITIES-$29.4M -88.4%
- WORKIVA INC-$14.7M -30.9%
- FORWARD AIR CORP-$10.2M -33.2%
- DIEBOLD NIXDORF INC-$7.5M -17.1%
- SPS COMM INC-$7.0M -17.4%
New Positions
- SNAP INC$138.0M
- TELEFLEX INCORPORATED$104.1M
- COMPASS MINERALS INTL INC$33.5M
- AH RLTY TR INC$19.2M
- HEWLETT PACKARD ENTERPRISE C$18.7M
Exited Positions
- HILLENBRAND INC$42.9M
- ARRAY DIGITAL INFRASTRUCTURE$12.6M
- PAPA JOHNS INTL INC$12.5M
- TASKUS INC$11.3M
- CLEARWATER ANALYTICS HLDGS I$6.0M
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 | $323.9M | 21.10% | 1,306,200 | SH |
| 2 | SNAP INC | SNAP | 83304A106 | $138.0M | 8.99% | 30,000,000 | SH |
| 3 | INTEGER HLDGS CORP | ITGR | 45826H109 | $111.2M | 7.24% | 1,263,663 | SH |
| 4 | TELEFLEX INCORPORATED | TFX | 879369106 | $104.1M | 6.78% | 870,000 | SH |
| 5 | RALLIANT CORP | RAL | 750940108 | $72.4M | 4.71% | 1,740,218 | SH |
| 6 | SOTERA HEALTH CO | SHC | 83601L102 | $62.5M | 4.07% | 4,359,348 | SH |
| 7 | RESERVOIR MEDIA INC | RSVR | 76119X105 | $60.5M | 3.94% | 6,181,176 | SH |
| 8 | THERAVANCE BIOPHARMA INC | TBPH | G8807B106 | $44.8M | 2.92% | 2,760,948 | SH |
| 9 | FIRST SOLAR INC Call | FSLR | 336433107 | $42.5M | 2.77% | 215,500 | SH |
| 10 | ALKAMI TECHNOLOGY INC | ALKT | 01644J108 | $41.9M | 2.73% | 2,675,151 | SH |
| 11 | SONIDA SENIOR LIVING INC | SNDA | 140475203 | $39.3M | 2.56% | 1,219,747 | SH |
| 12 | BANDWIDTH INC | BAND | 05988JAD5 | $37.6M | 2.45% | 42,173,000 | SH |
| 13 | INVESCO QQQ TR Put | QQQ | 46090E103 | $37.3M | 2.43% | 64,600 | SH |
| 14 | DIEBOLD NIXDORF INC | DBD | 253651202 | $36.3M | 2.36% | 480,557 | SH |
| 15 | COMPASS MINERALS INTL INC | CMP | 20451N101 | $33.5M | 2.18% | 1,435,529 | SH |
| 16 | SPS COMM INC | SPSC | 78463M107 | $33.3M | 2.17% | 597,704 | SH |
| 17 | WORKIVA INC | WK | 98139A105 | $32.9M | 2.14% | 552,010 | SH |
| 18 | SNAP INC Call | SNAP | 83304A106 | $26.5M | 1.73% | 5,764,500 | SH |
| 19 | FORWARD AIR CORP | FWRD | 34986A104 | $20.6M | 1.34% | 1,229,819 | SH |
| 20 | APARTMENT INVT & MGMT CO | AIV | 03748R747 | $20.5M | 1.33% | 5,029,521 | SH |
| 21 | WHITESTONE REIT | WSR | 966084204 | $20.4M | 1.33% | 1,265,391 | SH |
| 22 | AH RLTY TR INC | AHRT | 04208T108 | $19.2M | 1.25% | 3,485,643 | SH |
| 23 | HEWLETT PACKARD ENTERPRISE C | HPE | 42824C109 | $18.7M | 1.22% | 785,000 | SH |
| 24 | PAR TECHNOLOGY CORP | PAR | 698884AH6 | $17.3M | 1.13% | 22,226,000 | SH |
| 25 | NEWS CORP NEW | NWS | 65249B208 | $16.9M | 1.10% | 593,809 | SH |
| 26 | RAYONIER ADVANCED MATLS INC | RYAM | 75508B104 | $15.0M | 0.98% | 1,356,166 | SH |
| 27 | FIRST SOLAR INC | FSLR | 336433107 | $14.4M | 0.94% | 72,889 | SH |
| 28 | PEAKSTONE REALTY TRUST | PKST | 39818P799 | $14.1M | 0.92% | 674,700 | SH |
| 29 | SITE CTRS CORP | SITC | 82981J851 | $14.1M | 0.92% | 2,605,378 | SH |
| 30 | JANUX THERAPEUTICS INC | JANX | 47103J105 | $10.6M | 0.69% | 765,804 | SH |
| 31 | CENTURI HOLDINGS INC | CTRI | 155923105 | $10.4M | 0.67% | 354,771 | SH |
| 32 | SURGERY PARTNERS INC | SGRY | 86881A100 | $8.5M | 0.55% | 711,000 | SH |
| 33 | SAFEGUARD ACQUISITION CORP | SAC.U | G77676123 | $5.1M | 0.33% | 500,000 | SH |
| 34 | GENERAL PURP ACQUISITION COR | GPACU | G3810N122 | $5.0M | 0.33% | 500,000 | SH |
| 35 | ADEIA INC | ADEA | 00676P107 | $4.8M | 0.31% | 199,900 | SH |
| 36 | ELME COMMUNITIES | ELME | 939653101 | $3.8M | 0.25% | 1,909,557 | SH |
| 37 | BLEND LABS INC | BLND | 09352U108 | $3.7M | 0.24% | 2,204,200 | SH |
| 38 | HIGHVIEW MERGER CORP | HVMC | G4569C101 | $3.0M | 0.20% | 300,000 | SH |
| 39 | STANDARDAERO INC Call | SARO | 85423L103 | $2.6M | 0.17% | 99,800 | SH |
| 40 | ISHARES TR | SHY | 464287457 | $2.5M | 0.16% | 30,000 | SH |
| 41 | UNIQURE NV | QURE | N90064101 | $1.6M | 0.11% | 100,000 | SH |
| 42 | ATEA PHARMACEUTICALS IN | AVIR | 04683R106 | $1.6M | 0.11% | 301,699 | SH |
| 43 | FATE THERAPEUTICS INC | FATE | 31189P102 | $1.1M | 0.07% | 878,055 | SH |
| 44 | ATKORE INC | ATKR | 047649108 | $823.4K | 0.05% | 13,977 | SH |
| 45 | VOR BIOPHARMA INC | VOR | 929033207 | $582.7K | 0.04% | 32,663 | SH |
| 46 | DEFINITIVE HEALTHCARE CORP | DH | 24477E103 | $71.4K | 0.00% | 58,088 | SH |
| 47 | HIGHVIEW MERGER CORP | HVMC | G4569C101 | $37.5K | 0.00% | 150,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |