Irenic Capital Management 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Irenic Capital Management disclosed 15 US equity positions worth $240.5m in its Q1 2023 13F filing. The largest position was NWS at 37.6% of the reported book, followed by NWSA and TBPH. Against the Q4 2022 filing, it opened 9 new positions, added to 3 and reduced 1 among the top 15 holdings.
What did Irenic Capital Management own in Q1 2023? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | NWS NEWS CORP NEW | Communication Services | 37.6% | $90.5m | 5,191,005 | 3% | added |
| 2 | NWSA NEWS CORP NEW | Communication Services | 24.7% | $59.4m | 3,440,318 | 59% | added |
| 3 | TBPH THERAVANCE BIOPHARMA INC | Healthcare | 12.5% | $30.0m | 2,764,048 | 63% | added |
| 4 | APARTMENT INVT & MGMT CO | 5.1% | $12.3m | 1,594,841 | – | new | |
| 5 | SHC SOTERA HEALTH CO | Healthcare | 4.4% | $10.7m | 595,950 | -15% | reduced |
| 6 | ARCONIC CORPORATION | 3.9% | $9.4m | 359,135 | 0% | held | |
| 7 | BADWIDTH INC | 3.4% | $8.2m | 12,500,000 | 0% | held | |
| 8 | TABULA RASA HEALTHCARE INC | 3.2% | $7.8m | 9,590,000 | – | new | |
| 9 | BL BLACKLINE INC | 1.8% | $4.2m | 5,000,000 | – | new | |
| 10 | STGW STAGWELL INC | 1.4% | $3.4m | 460,245 | – | new | |
| 11 | ALKT ALKAMI TECHNOLOGY INC | Technology | 0.9% | $2.3m | 178,494 | – | new |
| 12 | QTWO Q2 HLDGS INC | 0.3% | $808.4k | 1,000,000 | – | new | |
| 13 | EVENTBRITE INC | 0.3% | $783.5k | 1,000,000 | – | new | |
| 14 | LIFECORE BIOMEDICAL INC | 0.2% | $586.9k | 155,465 | – | new | |
| 15 | CCOI COGENT COMMUNICATIONS HLDGS | Communication Services | 0.1% | $159.3k | 2,500 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.