Irenic Capital Management LP 13F holdings, Q2 2026
Irenic Capital Management LP disclosed 43 US equity positions worth $1.4bn in its Q2 2026 13F filing. Its largest position is SNAP at 9.6% of the reported book, followed by RAL and ITGR. Versus Q1 2026 it opened 15 new positions, added to 9, reduced 6 and exited 13.
- $1.4bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 43
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 9.6%
- Largest position The largest single position as a share of the reported equity book.
- 61.9%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 19
- Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
- 15
- Quarters on file since Q4 2022 Quarters for which this manager's 13F holdings are on record.
Holdings
Against Q1 2026: 15 new, 9 added, 6 reduced, 13 exited
| SNAP SNAP INC | 9.6% | 0.0% | held |
| RAL RALLIANT CORP | 9.2% | 0.0% | held |
| ITGR INTEGER HLDGS CORP | 8.5% | 0.0% | held |
| TFX TELEFLEX INCORPORATED | 7.9% | 0.0% | held |
| SHC SOTERA HEALTH CO | 6.6% | +18% | added |
| SNDA SONIDA SENIOR LIVING INC | 5.6% | +56% | added |
| RSVR RESERVOIR MEDIA INC | 4.5% | +1.3% | added |
| ALKT ALKAMI TECHNOLOGY INC | 3.5% | 0.0% | held |
| TBPH THERAVANCE BIOPHARMA INC | 3.4% | 0.0% | held |
| CPNG COUPANG INC | 3.1% | – | new |
| DPC DPC HOLDINGS PLC | 3.0% | – | new |
| DBD DIEBOLD NIXDORF INC | 2.9% | −0.8% | reduced |
| ATKR ATKORE INC | 2.8% | +3532% | added |
| MMSI MERIT MED SYS INC | 2.7% | – | new |
| SPSC SPS COMMERCE INC | 2.5% | 0.0% | held |
| CMP COMPASS MINERALS INTL INC | 2.4% | −26% | reduced |
| SMA SMARTSTOP SELF STORAG REIT I | 2.1% | – | new |
| WK WORKIVA INC | 1.9% | 0.0% | held |
| BATRK ATLANTA BRAVES HLDGS INC | 1.9% | – | new |
| FSLR FIRST SOLAR INC | 1.7% | +36% | added |
| NOK NOKIA CORP | 1.7% | – | new |
| COMP COMPASS INC | 1.6% | – | new |
| PAR TECHNOLOGY CORP no ticker | 1.6% | +22% | added |
| ADEA ADEIA INC | 1.5% | +218% | added |
| AHRT ARMADA HOFFLER PPTYS INC | 1.5% | −16% | reduced |
| CTRI CENTURI HOLDINGS INC | 1.1% | +46% | added |
| SITC SITE CTRS CORP | 0.7% | 0.0% | held |
| GDS GDS HLDGS LTD | 0.6% | – | new |
| NATIONAL HEALTHCARE PPTYS IN no ticker | 0.6% | – | new |
| WSRGBP WHITESTONE REIT | 0.6% | −68% | reduced |
| SAFEGUARD ACQUISITION CORP no ticker | 0.4% | 0.0% | held |
| GENERAL PURP ACQUISITION COR no ticker | 0.4% | 0.0% | held |
| ANAB ANAPTYSBIO INC | 0.3% | – | new |
| AIV APARTMENT INVT & MGMT CO | 0.3% | −72% | reduced |
| USO UNITED STS OIL FD LP | 0.3% | – | new |
| BLND BLEND LABS INC | 0.3% | +3.6% | added |
| PROGRESS SOFTWARE CORP no ticker | 0.2% | – | new |
| HIGHVIEW MERGER CORP no ticker | 0.2% | −33% | reduced |
| ELME ELME COMMUNITIES | 0.2% | 0.0% | held |
| SHY ISHARES TR | 0.2% | 0.0% | held |
| FVR FRONTVIEW REIT INC | 0.10% | – | new |
| IRENIC ACQUISITION CORP no ticker | 0.05% | – | new |
| HIGHVIEW MERGER CORP no ticker | 0.0% | – | new |
Exited since Q1 2026
| BANDWIDTH INC no ticker | 3.4% | $37.6m |
| FWRD FORWARD AIR CORP | 1.9% | $20.6m |
| HPE HEWLETT PACKARD ENTERPRISE C | 1.7% | $18.7m |
| NWS NEWS CORP NEW | 1.5% | $16.9m |
| RYAM RAYONIER ADVANCED MATLS INC | 1.4% | $15.0m |
| PKST PEAKSTONE REALTY TRUST | 1.3% | $14.1m |
| JANX JANUX THERAPEUTICS INC | 1.0% | $10.6m |
| SGRY SURGERY PARTNERS INC | 0.8% | $8.5m |
| UNIQURE NV no ticker | 0.1% | $1.6m |
| AVIR ATEA PHARMACEUTICALS INC | 0.1% | $1.6m |
| FATE FATE THERAPEUTICS INC | 0.10% | $1.1m |
| VOR VOR BIOPHARMA INC | 0.05% | $583k |
| DH DEFINITIVE HEALTHCARE CORP | 0.01% | $71.4k |
Sector mix
Book over time
Where Irenic Capital Management LP was early
Concentration and tenure
- 24.5%
- Median largest position, all quarters The largest single position as a share of the reported equity book.
- 86.4%
- Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
- Concentrated
- Style, by median largest position
- 1
- Median completed holding, quarters