Irenic Capital Management LP Quant / Systematic

CIK: 0001929389 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $677,621 (96.6% shares, 3.4% debt)

Holdings (22)

— ISHARES TR RUSSELL 2000 ETF 32.5%

Value ($000) $220,149 Shares 1,020,200 Est. Cost $199.49 Unrealized —

— TRIUMPH GROUP INC NEW 8.9%

Value ($000) $60,517 Shares 2,350,173 Est. Cost $13.85 Unrealized —

AIV APARTMENT INVT & MGMT CO 6.2%

Value ($000) $42,268 Shares 4,886,442 Est. Cost $8.02 Unrealized —

RSVR RESERVOIR MEDIA INC 6.2%

Value ($000) $42,126 Shares 5,492,310 Est. Cost $6.68 Unrealized +10.0%

SHC SOTERA HEALTH CO 6.1%

Value ($000) $41,278 Shares 3,712,011 Est. Cost $12.80 Unrealized -8.5%

DBD DIEBOLD NIXDORF INC 4.9%

Value ($000) $32,975 Shares 595,223 Est. Cost $26.70 Unrealized +75.6%

TBPH THERAVANCE BIOPHARMA INC 4.5%

Value ($000) $30,453 Shares 2,760,948 Est. Cost $10.53 Unrealized -7.7%

FWRD FORWARD AIR CORP 4.5%

Value ($000) $30,177 Shares 1,229,719 Est. Cost $17.76 Unrealized 0.0%

SITC SITE CTRS CORP 4.3%

Value ($000) $29,467 Shares 2,605,378 Est. Cost $12.17 Unrealized —

TRS TRIMAS CORP 3.8%

Value ($000) $25,804 Shares 901,926 Est. Cost $23.72 Unrealized +3.4%

NWS NEWS CORP NEW 3.3%

Value ($000) $22,089 Shares 643,809 Est. Cost $17.22 Unrealized +83.4%

— BANDWIDTH INC 3.0%

Value ($000) $20,361 Shares 24,173,000 Est. Cost $0.64 Unrealized —

— COUCHBASE INC 2.9%

Value ($000) $19,556 Shares 802,134 Est. Cost $15.75 Unrealized —

GO GROCERY OUTLET HLDG CORP 2.9%

Value ($000) $19,346 Shares 1,557,655 Est. Cost $14.22 Unrealized 0.0%

BATRK ATLANTA BRAVES HLDGS INC 2.6%

Value ($000) $17,403 Shares 372,105 Est. Cost $39.01 Unrealized +4.8%

LION LIONSGATE STUDIOS CORP 1.1%

Value ($000) $7,135 Shares 1,228,035 Est. Cost $6.69 Unrealized 0.0%

SGRY SURGERY PARTNERS INC 0.8%

Value ($000) $5,724 Shares 257,499 Est. Cost $22.23 Unrealized 0.0%

— VIGIL NEUROSCIENCE INC 0.4%

Value ($000) $2,952 Shares 371,321 Est. Cost $7.95 Unrealized —

— GE AEROSPACE 0.4%

Value ($000) $2,909 Shares 11,300 Est. Cost — Unrealized —

SHY ISHARES TR 0.4%

Value ($000) $2,486 Shares 30,000 Est. Cost $82.58 Unrealized —

— ARRAY TECHNOLOGIES INC 0.4%

Value ($000) $2,396 Shares 3,000,000 Est. Cost $0.74 Unrealized —

MRVI MARAVAI LIFESCIENCES HLDGS I 0.0%

Value ($000) $50 Shares 20,668 Est. Cost $2.10 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ISHARES TR RUSSELL 2000 ETF	1,020,200	$220,149	32.5%	$199.49	—	Put	464287955
—	TRIUMPH GROUP INC NEW	2,350,173	$60,517	8.9%	$13.85	—	COM	896818101
AIV	APARTMENT INVT & MGMT CO	4,886,442	$42,268	6.2%	$8.02	—	CL A	03748R747
RSVR	RESERVOIR MEDIA INC	5,492,310	$42,126	6.2%	$6.68	+10.0%	COM	76119X105
SHC	SOTERA HEALTH CO	3,712,011	$41,278	6.1%	$12.80	-8.5%	COM	83601L102
DBD	DIEBOLD NIXDORF INC	595,223	$32,975	4.9%	$26.70	+75.6%	COM SHS	253651202
TBPH	THERAVANCE BIOPHARMA INC	2,760,948	$30,453	4.5%	$10.53	-7.7%	COM	G8807B106
FWRD	FORWARD AIR CORP	1,229,719	$30,177	4.5%	$17.76	0.0%	COM	34986A104
SITC	SITE CTRS CORP	2,605,378	$29,467	4.3%	$12.17	—	COM	82981J851
TRS	TRIMAS CORP	901,926	$25,804	3.8%	$23.72	+3.4%	COM NEW	896215209
NWS	NEWS CORP NEW	643,809	$22,089	3.3%	$17.22	+83.4%	CL B	65249B208
—	BANDWIDTH INC	24,173,000	$20,361	3.0%	$0.64	—	NOTE 0.500% 4/0	05988JAD5
—	COUCHBASE INC	802,134	$19,556	2.9%	$15.75	—	COM	22207T101
GO	GROCERY OUTLET HLDG CORP	1,557,655	$19,346	2.9%	$14.22	0.0%	COM	39874R101
BATRK	ATLANTA BRAVES HLDGS INC	372,105	$17,403	2.6%	$39.01	+4.8%	COM SER C	047726302
LION	LIONSGATE STUDIOS CORP	1,228,035	$7,135	1.1%	$6.69	0.0%	COM	53626N102
SGRY	SURGERY PARTNERS INC	257,499	$5,724	0.8%	$22.23	0.0%	COM	86881A100
—	VIGIL NEUROSCIENCE INC	371,321	$2,952	0.4%	$7.95	—	COM	92673K108
—	GE AEROSPACE	11,300	$2,909	0.4%	—	—	Put	369604951
SHY	ISHARES TR	30,000	$2,486	0.4%	$82.58	—	1 3 YR TREAS BD	464287457
—	ARRAY TECHNOLOGIES INC	3,000,000	$2,396	0.4%	$0.74	—	NOTE 1.000%12/0	04271TAB6
MRVI	MARAVAI LIFESCIENCES HLDGS I	20,668	$50	0.0%	$2.10	0.0%	COM CL A	56600D107