Irenic Capital Management LP

CIK

1929389

Location

NEW YORK, NY

Portfolio Value

Mid $1,109,570,515

Diversification

Diversified

Filing Date

Global Rank

#1,563 / 8,636 ▲ 605 · as of Mar 2026

Top Industry

Internet Content & Information 15.3%

3Y Alpha vs SPY

-6.2%

Period ended 4 months ago

Filed May 18, 2026 · 3mo

14 quarters · since Dec 2022

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+52.6%

SPY

+78.8%

Annualised alpha

-6.2%

Max drawdown

−22.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 93% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

38 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

14.8%

−0.4 pts

Top 5

46.4%

−1.7 pts

Top 10

68.3%

−9.4 pts

HHI

652

Diversified−82

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	34.8%	$386,008,876	12
Technology	27.1%	$300,868,240	9
Communication Services	21.8%	$241,959,907	3
Real Estate	5.2%	$57,548,436	6
Basic Materials	4.4%	$48,532,359	2
Unclassified	3.4%	$37,285,828	1
Industrials	2.2%	$23,951,494	3
Utilities	0.9%	$10,362,860	1
Financial Services	0.3%	$3,052,515	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
RAL	Ralliant Corp	+1,408,176	1,740,218	$72,375,666
AIV	Apartment Investment & Management Co	+1,139,197	5,029,521	$20,470,150
SNDA	Sonida Senior Living, Inc.	+1,113,622	1,219,747	$39,336,840
WSR	Whitestone REIT	+943,215	1,265,391	$0
SGRY	Surgery Partners, Inc.	+626,380	711,000	$8,475,120
ALKT	Alkami Technology, Inc.	+568,703	2,675,151	$41,919,616
SHC	Sotera Health Co	+561,322	4,359,348	$62,513,050
PKST	Peakstone Realty Trust	+337,883	674,700	$0
FSLR	First Solar, Inc.	+281,389	288,389	$56,887,614
RSVR	Reservoir Media, Inc.	+195,000	6,181,176	$60,513,713
CTRI	Centuri Holdings, Inc.	+174,771	354,771	$10,362,860
HVMC	Highview Merger Corp.	+150,000	450,000	$3,052,515
SPSC	Sps Commerce Inc	+145,638	597,704	$33,274,181
SARO	StandardAero, Inc.	+74,800	99,800	$2,577,834
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
BLND	Blend Labs, Inc.	−910,749	2,204,200	$3,747,140
DBD	DIEBOLD NIXDORF, Inc	−163,500	480,557	$36,253,220
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
SNAP	Snap Inc	35,764,500	$164,516,700
TFX	Teleflex Inc	870,000	$104,060,700
QQQ	Invesco Qqq Trust, Series 1	64,600	$37,285,828
CMP	Compass Minerals International Inc	1,435,529	$33,519,602
AHRT	AH Realty Trust, Inc.	3,485,643	$19,171,036
HPE	Hewlett Packard Enterprise Co	785,000	$18,690,850
RYAM	Rayonier Advanced Materials Inc.	1,356,166	$15,012,757
JANX	Janux Therapeutics, Inc.	765,804	$10,644,675
ADEA	Adeia Inc.	199,900	$4,803,597
QURE	uniQure N.V.	100,000	$1,635,000
AVIR	Atea Pharmaceuticals, Inc.	301,699	$1,623,140
FATE	Fate Therapeutics Inc	878,055	$1,053,666
VOR	Vor Biopharma Inc.	32,663	$582,707
DH	Definitive Healthcare Corp.	58,088	$71,448
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
AD	Array Digital Infrastructure, Inc.	235,294	$12,616,464
PZZA	Papa Johns International Inc	325,108	$12,513,406
TASK	TaskUs, Inc.	954,425	$11,252,670
MLAB	Mesa Laboratories Inc /Co/	25,000	$1,962,500
WEAV	Weave Communications, Inc.	226,731	$1,720,888
ICLR	Icon PLC	8,000	$1,457,760
COO	Cooper Companies, Inc.	15,000	$1,229,400
AIN	Albany International Corp /De/	20,000	$1,014,000
LION	Lionsgate Studios Corp.	95,400	$871,002
HSIC	Henry Schein Inc	4,000	$302,320
ABUS	Arbutus Biopharma Corp	59,853	$287,892
MRVI	Maravai Lifesciences Holdings, Inc.	80,668	$262,171
GSM	Ferroglobe PLC	10,000	$46,400
CWAN	Clearwater Analytics Holdings, Inc.	250,000	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

38 tracked positions · $1,109,570,515 total · filing declares 47 positions · $1,535,496,922 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SNAP	Snap Inc CALL + SHARES Communication Services	NEW	35,764,500	NEW	$164,516,700	NEW	14.83%
ITGR	Integer Holdings Corp Healthcare	Held	1,263,663	0	$111,202,344	+12.2%	10.02%
TFX	Teleflex Inc Healthcare	NEW	870,000	NEW	$104,060,700	NEW	9.38%
RAL	Ralliant Corp Technology	Added	1,740,218	+1,408,176	$72,375,666	+328.2%	6.52%
SHC	Sotera Health Co Healthcare	Added	4,359,348	+561,322	$62,513,050	−6.7%	5.63%
RSVR	Reservoir Media, Inc. Communication Services	Added	6,181,176	+195,000	$60,513,713	+33.5%	5.45%
FSLR	First Solar, Inc. CALL + SHARES Technology	Added	288,389	+281,389	$56,887,614	+3011.0%	5.13%
TBPH	Theravance Biopharma, Inc. Healthcare	Held	2,760,948	0	$44,810,186	−13.3%	4.04%
ALKT	Alkami Technology, Inc. Technology	Added	2,675,151	+568,703	$41,919,616	−13.7%	3.78%
SNDA	Sonida Senior Living, Inc. Healthcare	Added	1,219,747	+1,113,622	$39,336,840	+1036.7%	3.55%
QQQ	Invesco Qqq Trust, Series 1 PUT	NEW	64,600	NEW	$37,285,828	NEW	3.36%
DBD	DIEBOLD NIXDORF, Inc Technology	Reduced	480,557	-163,500	$36,253,220	−17.1%	3.27%
CMP	Compass Minerals International Inc Basic Materials	NEW	1,435,529	NEW	$33,519,602	NEW	3.02%
SPSC	Sps Commerce Inc Technology	Added	597,704	+145,638	$33,274,181	−17.4%	3.00%
WK	Workiva Inc Technology	Held	552,010	0	$32,916,356	−30.9%	2.97%
FWRD	Forward Air Corp Industrials	Held	1,229,819	0	$20,550,275	−33.2%	1.85%
AIV	Apartment Investment & Management Co Real Estate	Added	5,029,521	+1,139,197	$20,470,150	−11.4%	1.84%
AHRT	AH Realty Trust, Inc. Real Estate	NEW	3,485,643	NEW	$19,171,036	NEW	1.73%
HPE	Hewlett Packard Enterprise Co Technology	NEW	785,000	NEW	$18,690,850	NEW	1.68%
NWSA	News Corp Communication Services	Held	593,809	0	$16,929,494	−3.8%	1.53%
RYAM	Rayonier Advanced Materials Inc. Basic Materials	NEW	1,356,166	NEW	$15,012,757	NEW	1.35%
SITC	SITE Centers Corp. Real Estate	Held	2,605,378	0	$14,069,041	−15.9%	1.27%
JANX	Janux Therapeutics, Inc. Healthcare	NEW	765,804	NEW	$10,644,675	NEW	0.96%
CTRI	Centuri Holdings, Inc. Utilities	Added	354,771	+174,771	$10,362,860	+128.0%	0.93%
SGRY	Surgery Partners, Inc. Healthcare	Added	711,000	+626,380	$8,475,120	+548.3%	0.76%
ADEA	Adeia Inc. Technology	NEW	199,900	NEW	$4,803,597	NEW	0.43%
ELME	Elme Communities Real Estate	Held	1,909,557	0	$3,838,209	−88.4%	0.35%
BLND	Blend Labs, Inc. Technology	Reduced	2,204,200	-910,749	$3,747,140	−60.4%	0.34%
HVMC	Highview Merger Corp. Financial Services	Added	450,000	+150,000	$3,052,515	+1.8%	0.28%
SARO	StandardAero, Inc. CALL Industrials	Added	99,800	+74,800	$2,577,834	+259.5%	0.23%
QURE	uniQure N.V. Healthcare	NEW	100,000	NEW	$1,635,000	NEW	0.15%
AVIR	Atea Pharmaceuticals, Inc. Healthcare	NEW	301,699	NEW	$1,623,140	NEW	0.15%
FATE	Fate Therapeutics Inc Healthcare	NEW	878,055	NEW	$1,053,666	NEW	0.09%
ATKR	Atkore Inc. Industrials	Held	13,977	0	$823,385	−6.9%	0.07%
VOR	Vor Biopharma Inc. Healthcare	NEW	32,663	NEW	$582,707	NEW	0.05%
DH	Definitive Healthcare Corp. Healthcare	NEW	58,088	NEW	$71,448	NEW	0.01%
WSR	Whitestone REIT Real Estate	Added	1,265,391	+943,215	$0	—	0.00%
PKST	Peakstone Realty Trust Real Estate	Added	674,700	+337,883	$0	—	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.