Irenic Capital Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Irenic Capital Management disclosed 22 US equity positions worth $659.6m in its Q1 2025 13F filing. The largest position was ISHARES TR RUSSELL 2000 ETF at 30.8% of the reported book, followed by TG7 and RSVR. Against the Q4 2024 filing, it opened 8 new positions, added to 6 and reduced 1 among the top 22 holdings.
What did Irenic Capital Management own in Q1 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR RUSSELL 2000 ETF | 30.8% | $203.3m | 1,018,900 | – | new | |
| 2 | TG7 TRIUMPH GROUP INC NEW | 14.5% | $96.0m | 3,787,022 | 0% | held | |
| 3 | RSVR RESERVOIR MEDIA INC | 6.2% | $41.1m | 5,388,003 | 1% | added | |
| 4 | APARTMENT INVT & MGMT CO | 6.2% | $40.8m | 4,633,134 | 22% | added | |
| 5 | SHC SOTERA HEALTH CO | Healthcare | 5.5% | $36.3m | 3,117,226 | 7% | added |
| 6 | DBD DIEBOLD NIXDORF INC | Technology | 4.8% | $31.5m | 720,658 | 14% | added |
| 7 | COUCHBASE INC | 4.0% | $26.4m | 1,673,409 | – | new | |
| 8 | FWRD FORWARD AIR CORP | Industrials | 3.7% | $24.7m | 1,229,719 | 0% | held |
| 9 | TBPH THERAVANCE BIOPHARMA INC | Healthcare | 3.7% | $24.7m | 2,760,948 | 0% | held |
| 10 | NWS NEWS CORP NEW | Communication Services | 3.4% | $22.5m | 742,009 | -46% | reduced |
| 11 | MAGN MAGNERA CORP | 3.3% | $22.0m | 1,210,829 | 35% | added | |
| 12 | TRS TRIMAS CORP | Consumer Cyclical | 3.0% | $20.0m | 853,484 | – | new |
| 13 | BANDWIDTH INC | 2.9% | $19.4m | 24,173,000 | 0% | held | |
| 14 | SITE CTRS CORP | 2.9% | $18.9m | 1,472,836 | – | new | |
| 15 | BATRK ATLANTA BRAVES HLDGS INC | Communication Services | 2.4% | $15.8m | 394,760 | – | new |
| 16 | U UNITY SOFTWARE INC | 0.9% | $6.0m | 6,514,000 | 0% | held | |
| 17 | ACHC ACADIA HEALTHCARE COMPANY IN | Healthcare | 0.6% | $4.1m | 133,907 | 0% | held |
| 18 | SHY ISHARES TR | 0.4% | $2.5m | 30,000 | 400% | added | |
| 19 | ARRY ARRAY TECHNOLOGIES INC | 0.3% | $2.2m | 3,000,000 | 0% | held | |
| 20 | BLND BLEND LABS INC | 0.1% | $954.3k | 284,854 | – | new | |
| 21 | SIX FLAGS ENTERTAINMENT CORP | 0.1% | $494.0k | 13,848 | – | new | |
| 22 | GSM FERROGLOBE PLC | Basic Materials | 0.0% | $60.3k | 16,263 | – | 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.