Irenic Capital Management LP Quant / Systematic

CIK: 0001929389 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $289,892 (92.5% shares, 7.5% debt)

Holdings (17)

NWS NEWS CORP NEW 31.2%

Value ($000) $90,479 Shares 5,191,005 Est. Cost $17.22 Unrealized +4.7%

NWSA NEWS CORP NEW 20.5%

Value ($000) $59,414 Shares 3,440,318 Est. Cost $17.26 Unrealized +3.3%

— ISHARES TR RUSSELL 2000 ETF 15.4%

Value ($000) $44,511 Shares 249,500 Est. Cost — Unrealized —

TBPH THERAVANCE BIOPHARMA INC 10.3%

Value ($000) $29,990 Shares 2,764,048 Est. Cost $10.53 Unrealized +0.4%

AIV APARTMENT INVT & MGMT CO 4.2%

Value ($000) $12,264 Shares 1,594,841 Est. Cost $7.69 Unrealized —

SHC SOTERA HEALTH CO 3.7%

Value ($000) $10,673 Shares 595,950 Est. Cost $7.46 Unrealized +123.9%

— ARCONIC CORPORATION 3.2%

Value ($000) $9,420 Shares 359,135 Est. Cost $21.16 Unrealized —

— BADWIDTH INC 2.8%

Value ($000) $8,162 Shares 12,500,000 Est. Cost $0.63 Unrealized —

— TABULA RASA HEALTHCARE INC 2.7%

Value ($000) $7,813 Shares 9,590,000 Est. Cost $0.81 Unrealized —

— DIGITAL RLTY TR INC 1.7%

Value ($000) $4,925 Shares 50,100 Est. Cost — Unrealized —

— BLACKLINE INC 1.5%

Value ($000) $4,227 Shares 5,000,000 Est. Cost $0.85 Unrealized —

STGW STAGWELL INC 1.2%

Value ($000) $3,415 Shares 460,245 Est. Cost $6.99 Unrealized 0.0%

ALKT ALKAMI TECHNOLOGY INC 0.8%

Value ($000) $2,260 Shares 178,494 Est. Cost $14.76 Unrealized 0.0%

— Q2 HLDGS INC 0.3%

Value ($000) $808 Shares 1,000,000 Est. Cost $0.81 Unrealized —

— EVENTBRITE INC 0.3%

Value ($000) $784 Shares 1,000,000 Est. Cost $0.78 Unrealized —

LFCR LIFECORE BIOMEDICAL INC 0.2%

Value ($000) $587 Shares 155,465 Est. Cost $5.57 Unrealized 0.0%

CCOI COGENT COMMUNICATIONS HLDGS 0.1%

Value ($000) $159 Shares 2,500 Est. Cost $53.95 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NWS	NEWS CORP NEW	5,191,005	$90,479	31.2%	$17.22	+4.7%	CL B	65249B208
NWSA	NEWS CORP NEW	3,440,318	$59,414	20.5%	$17.26	+3.3%	CL A	65249B109
—	ISHARES TR RUSSELL 2000 ETF	249,500	$44,511	15.4%	—	—	Put	464287955
TBPH	THERAVANCE BIOPHARMA INC	2,764,048	$29,990	10.3%	$10.53	+0.4%	COM	G8807B106
AIV	APARTMENT INVT & MGMT CO	1,594,841	$12,264	4.2%	$7.69	—	CL A	03748R747
SHC	SOTERA HEALTH CO	595,950	$10,673	3.7%	$7.46	+123.9%	COM	83601L102
—	ARCONIC CORPORATION	359,135	$9,420	3.2%	$21.16	—	COM	03966V107
—	BADWIDTH INC	12,500,000	$8,162	2.8%	$0.63	—	NOTE 0.500% 04/01/28 CVT	05988JAD5
—	TABULA RASA HEALTHCARE INC	9,590,000	$7,813	2.7%	$0.81	—	NOTE 1.750% 02/15/26 CVT	873379AA9
—	DIGITAL RLTY TR INC	50,100	$4,925	1.7%	—	—	Put	253868953
—	BLACKLINE INC	5,000,000	$4,227	1.5%	$0.85	—	NOTE 03/15/26 CVT	09239BAD1
STGW	STAGWELL INC	460,245	$3,415	1.2%	$6.99	0.0%	COM CL A	85256A109
ALKT	ALKAMI TECHNOLOGY INC	178,494	$2,260	0.8%	$14.76	0.0%	COM	01644J108
—	Q2 HLDGS INC	1,000,000	$808	0.3%	$0.81	—	NOTE 0.750% 06/01/26 CVT	74736LAD1
—	EVENTBRITE INC	1,000,000	$784	0.3%	$0.78	—	NOTE 0.750% 09/15/26 CVT	29975EAD1
LFCR	LIFECORE BIOMEDICAL INC	155,465	$587	0.2%	$5.57	0.0%	COM	514766104
CCOI	COGENT COMMUNICATIONS HLDGS	2,500	$159	0.1%	$53.95	0.0%	COM NEW	19239V302